Almost back to normal
There’s no question in my mind - or that of my friends and business associates - that concerns over the commercial side effects of Covid19 pandemic are lessening dramatically.
There’s
no question in my mind - or that of my friends and business associates -
that concerns over the commercial side effects of Covid19 pandemic are
lessening dramatically.
Everyone’s sick and tired of feeling sick and tired and wants to get
back to their normal personal and business practices. In TBK Capital’s
experience this has been reflected in the positive attitude of clients
seeking debt or equity finance as well as those looking to invest.
So reply to this email now if you’re one of those interested in borrowing or raising money.
Meanwhile the recent Sitesoft capital raise has proved to be one of the most successful Offers
we have completed since the introduction of the lockdown. The issue was
oversubscribed and just recently closed to prepare for the Company’s
list in on the ASX. These new, and of course existing, shareholders will
be notified by the Company as to this event.
But if you’re one of those interested in becoming a shareholder
in this Environment, Health and Safety provider on it’s listing, you
should get back to me now.
An email simply replying to this newsletter is sufficient for me to arrange for the necessary forms to be sent to you.
Meanwhile here’s a couple of other quite different investment opportunities we have available.
Demand for healthy foods
I’ve just been introduced to a company, Sustainable Foods,
that’s been creating new tasty and innovative food products for over 20
years - and has won numerous awards. The owners have had 40 years
combined experience in food manufacturing and hospitality, and are
previous winners of the NZ Artesian Awards (Chilled and Deli Category)
and the 2021 New Zealand Best Banger Award.
According to a new study by Polaris Market research, the global plant
based protein market is projected to rise to reach US$ 35.4 billion by
2027. So after years of eating imported food options themselves, the
founders realised there was an opportunity in New Zealand to create high
quality plant-based products.
These products include mince, burgers, and sausages with other red and
white meat alternatives such as natural hemp chick’n, nuggets, tenders
and southern fried chick’n. All are made from natural minimally
processed, pea and soy proteins, and New Zealand grown hemp – a world
first.
Over the last 12 months the business has been shortlisted for, or won,
multiple awards both in New Zealand and internationally. With the
publicity accompanying this they have secured new contracts; and
established a world class manufacturing facility capable of delivering
the growth in the products now being sought.
The capital raised in this share issue will be applied to the company’s
growth. This includes strengthening their ingredient sources by
increasing its partnerships here in New Zealand. $2,000,000 of this
issue has already been raised.
The projected revenue growth from these plans is NZ$1,500,000 this year rising to a projected NZ$20,600,000 in 2025.
Reply to this email or call me for a copy of the documents describing
the Offer. This includes a comment on the company’s strategy.
NZ Fintech
At times of uncertainty, certainty of return remains an important factor
in portfolio decision making and fixed interest assets becomes an
important part of an investment portfolio.
I’ve known Eddie Recordon and his business NZ Fintech for many years and
helped with the initial financing of the company. Now as the economy
recovers, this financial technology business has dealt with ongoing
COVID-19 disruptions and is forging ahead with their capital raises in
anticipation of launching:
-
Their new digital vehicle finance product Zooma.
-
Their new credit card offering CRED™.
And continuing with the ongoing development of their Neo-banking functionality and payments infrastructure.
NZ Fintech is a financial leader with an underlying vision ‘to provide everyday Kiwis with easy access to digital financial solutions’.
What makes them different is their custom developed and cloud-based
Fintech platform; they design it, they develop it, and they own it.
That’s their IP.
Ultimately, they aspire to create New Zealand’s first true Neo bank and
have tentative plans for an IPO in 2026. This would put the digital
bank’s ownership in the hands of Kiwis rather than offshore interests.
To support their requirements for growth capital - plus further research
and development into future products - they are seeking to raise up to
$30 million by way of equity, debt, and convertible note investments.
Several options are available and are too detailed to list in this
newsletter, but include:
A Term Deposit investment of $250,000 over 60 months returns 11.5% per
annum. Interest can be paid monthly, quarterly, annually or
capitalised. The investment is secured by way of a joint GSA over the
group, shared with the other investors on a pro-rata basis based on
invested amounts.
A Convertible Note investment of $500,000 over 60 months returns 12.75%
per annum. This is essentially the same as their term deposit agreement
but includes the option to convert into equity in 2 years or leave for
another 3 years on deposit at the same rate.
Please email for further information.
.............................................................................................................................................................................................................
The above investment is not an offer of financial products that
requires disclosure under the Financial Markets Conduct Act 2013 (Act)
and is available only to wholesale investors as defined by that Act. It
is intended for distribution only to selected people to whom, under the
relevant laws, it can be lawfully distributed. It cannot be distributed
in any other jurisdiction, or to any other people. It is not an offer or
solicitations in any jurisdiction in which such offers or solicitations
are not authorised, or in which the person making such offers or
solicitations are not qualified to do so, or to any person to whom it is
unlawful to make such offers or solicitations. Any representation to
the contrary would be unlawful. No action has been taken by any person
that would permit a public offering in any jurisdiction where action for
that purpose would be required.
Cheers
John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10,120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz
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