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Re: MaterialMind post# 8204

Wednesday, 10/18/2023 1:26:10 AM

Wednesday, October 18, 2023 1:26:10 AM

Post# of 11849
That work is starting now, for Palm Oil. Aquaculture will follow in december. Not my job though to raise the money. I am the analyst.

A maximum of 25% per project can come from our IRA accounts. Another 25% from strategics and new investors. And the remaining 50% dollar for dollar match from one of our partners/investors.

That's why we are ramping up from 40,000 to 140,000 IRA accounts in just 6 months. At least that's the plan.

Palm should sell really well. For $15,000 (expenses paid) you will own 1 hectare of oil palm plantations. In most countries 1 hectare of land alone will cost you more. And you will own the land in Nigeria which is not possible in India. And Aquaculture is in a category of its own with a very high alpha factor. This project is one of its kind in the world today. Never done before. Let's see if we can get some tax benefits from the Anambra government. The date for our trip will be planned tomorrow. This is a huge development not just for us but for the whole of Nigeria. Exciting times for sure.

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