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This is a good news story that grew out of the tragedy of Fukushima.

On March 11, 2011, Fukushima I Nuclear Power Plant was hit by a tsunami triggered by the 9.0 Tōhoku earthquake. Three of the plant's six nuclear reactors melted down, making Fukashima the only disaster other than Chernobyl to measure Level 7 on the International Nuclear Event Scale.
 
Japan evacuated 150,000 residents from a 20-mile radius, although the U.S. Nuclear Regulatory Commission recommended 2 million people should be evacuated from a 50-mile radius.

Out of crisis comes opportunity.

Out of Japan’s Nuclear Disaster,
New Indoor Farms Grow 100x More Food
http://miraigroup.jp/en/


Japan’s new greenhouse technology provided food even in the most hostile environment:  24/7/365

Green and Blue Technology

Using this technology, we offer the same opportunity in North America. This is how we can do it.

  • Utilizing surplus and/or wasted energy
  • Siting on unusable land next to existing installations that produce heat and CO2
  • Air and water filtering in climate controlled buildings
  • Using multi-tier growing platforms
  • Exclusive hydroponic medium, non-GMO food, no harmful chemicals
  • Polarized water to improve plant growth
  • Algae enriched high nutrient water, CO2 enrichment
  • Multi-spectrum LED lighting by Philips
  • Experienced management
  • Insured, risk-free investment


 

Using off-the shelf-technology first designed to ensure food safety in the most adverse conditions of Fukushima, our integrated, environmentally controlled greenhouses can operate continuously in any climate. They can produce 100 times/m2 the GMO-free food of soil farming without pesticides while using 99% less water. Our packaging and delivery systems promise clean food, local employment, and stronger communities.

Our alliance with Philips, world leader in horticulture lighting, gives us a distinct edge. Their multi-spectrum LED lights utilise “light recipes”, so each crop receives the optimum spectrum for growth and health.





 

Local Benefits

These green and blue technologies provide many benefits to hosting communities including:
 

  • Local employment
    • initial construction
    • long-term clean tech jobs

 

  • Local revenue
    • construction
    • property taxes
    • spinoffs to other businesses

 

  • Local pride
    • leading edge sustainability
    • international profile
    • increased self sufficiency
    • clean, non-polluting technology



Markets and Alliances

We have in-hand conditional purchase agreements for two million pounds of produce a week from many of Ontario’s largest wholesalers.



 

 

 

We have an intention of interest from Scotiabank to fund 75% of project construction ($26 million) as long-term debt for two years, then replace any outstanding debt with a 10-year mortgage, provided we have an in-place insurance policy and $9 million in seed capital.

 

 

Our insurance policy with Aon includes:

  1. “All Risk” Construction and Operational Coverage
  2. Comprehensive Boiler and Machinery with Business Interruption  
  3. Customer and Supplier Risk (including feedstock)
  4. Credit Risk of Customer, Payments and Bankruptcy
  5. Transportation, including ocean cargo, plus delay in start-up of the project
  6. Third Party Liability

 



Financials

Our Year 1 net income for our first 25-acre project is projected at $CDN 3 million. Our Year 2 and beyond net income is projected at $CDN 18 million.

Our cash flow projections indicate repayment of the mortgage well within 10 years.


For more charts, graphs, and numbers, please go to our Investors page.
 

Out of crisis comes opportunity.
Please join us in developing long-term investments in sustainability.

 

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