International Urban Mass Transportation System
Metrino Global Projects Ltd (MPG) is a New Zealand company which owns the Intellectual Property and all rights to commercialise a unique modern form of urban mass transport with a global market.
Metrino Global Projects Ltd (MPG) is a New Zealand company which owns the
Intellectual Property and all rights to commercialise a unique modern form of urban mass transport with a global market.
The system was developed in Europe where it was fully designed and tested.
Its operating software has since been codified and will be licensed
internationally to cities for commercial use.
Metrino is the only land-based public transportation system providing
affordable service to passengers while operating at a profit without government
subsidy.
MGP is a licencing company with operational oversight. It does not
produce goods or services for sale and does not earn income from fixed assets
or cash holdings. The owners are New Zealand citizens who reside in
Auckland.
Accordingly, at some later stage in its development, MGP would have
institutional appeal. The structure of this Offer is designed to attract such
attention.
Multiple benefits to a city
Metrino’s appeal to councils is that it offers a solution to reduce traffic
congestion and auto pollution - saving public authorities billions of dollars
in development costs. It is inexpensive, safe and secure, allowing people to
travel point to point, direct to destination, and without stopping or sharing
with strangers.
It offers connection to other transport hubs - airport, metro, bus and
train. Its design allows it to occupy unused space within the public
right-of-way. And its speed and cost of construction is one-tenth of that
required for surface rail - with very little disruption.
A dozen cities around the world have expressed keen interest in Metrino and a
modern city in the EU has recently approved and authorized its implementation
there.
System benefits include:
- Direct personal service to airports, hotels, offices and visitor attractions.
- Ambulance service taking patients or accident victims directly to hospitals without stopping.
- Dedicated pods for rapid freight delivery.
- A major attraction for commuters and visitors.
Fare levels are
competitive with existing transport systems on a passenger/kilometre basis.
Revenue Streams will be obtained from passenger ticket sales, advertising and
freight delivery. A municipal sales tax provides long term revenue to
cities using the system. The business model estimates a three-year evolution
before profitability. At that point the Company will have a steady and
increasing income stream as it expands into multiple markets.
Stakeholders have so far invested US$1.55 million (NZ$2.18 million) to advance
the project to this stage.
The Offer
Metrino Global Projects Ltd is raising up to NZ$1 million by means of a 4-year interest bearing Convertible Note. The Notes will pay 5% interest per annum
to investors until the Conversion Date: 48 months from receipt of investor
funds.
If investors choose to convert to equity they will receive shares in MGP based
upon a valuation of the company at that time. If they choose not to
convert they will receive the return of their principal plus accrued interest
to that date.
Institutional investors may consider this a cost effective entry - now or at a
later date - to a New Zealand owned licensing business with a global market.
Use of Funds
The funds raised in New Zealand will be used to market Metrino in North America
and Europe and to prepare the business for the next finance raise of US$5
million (NZ$7.05 million). Funds raised from this Offer will:
- Establish an MGP office in the United States.
- Create a US entity to seek major funding from multiple sources.
- Pay legal, accounting and processing costs required for these sources.
- Commence Metrino marketing in the USA and EU.
Metrino Global
Projects Ltd will own controlling interest in all markets, including New
Zealand, where the PRT system is implemented.
The Company will be the majority shareholder in all Metrino enterprises
worldwide. Shareholders will receive dividend income generated from entities
owned by MPG in the international markets.
The Business
Rapidly growing population and travel volumes are overburdening transportation
capacities and resources while increasing air pollution. Most public transport
systems require major capital development as well as large subsidies to keep
them operating.
There is global demand for a scalable, self-funding and profitable system which
serves the local population as well as tourism and commercial sectors.
Metrino offers a unique solution to reduce traffic congestion and auto
pollution in cities throughout the world.
For passengers in a COVID world it provides sanitation, security, privacy and
comfort. The new technology combats virus and bacterial risks
through a continuous utilization of safe non-chemical and automated air and
surface cleaning.
MGP will also operate a development centre for testing and certification of all
components used in the Metrino PRT system. Specific to this is the
installation of Operating, Security and Automation software. When
completed this centre will double as operations oversight for all Metrino
systems world-wide.
The first commercial operating company is scheduled for Szczecin, Poland; a
guaranteed EU market.
Intellectual Property
The IP has been assigned by the innovator, Ollie Mikosza, to MGP for
commercialization of the Metrino PRT transportation system in multiple
markets. It is largely contained in four categories:
-
Software and IT systems - for Automation, Operations, Security.
-
Government approval to develop and implement Metrino PRT in.
-
Current patent for mechanical designs.
-
Engineering expertise gained from production of the Metrino prototype.
Approval from Szczecin was obtained through personal negotiations with city officials and PKO Bank Polski, Poland’s largest bank. The bank has indicated strong interest in providing construction finance.
Profit Estimates
Realization of gross (pre-tax) profit of US$101 million (NZ$142 million) after 12 months operation of a 20-km system. System construction is initially priced at US$14 million (NZ$20 million) per km for full operation.
Serious expressions of interest have come from Dublin, Istanbul, Delhi and Las Vegas. MGP anticipates three markets in development or operation within five years of certification.
The Metrino business model calls for a three-year evolution to profitability. At that point the Company will have a steady and increasing income stream with continuing expansion into multiple markets.
Want to know more?
An Information Memorandum describing the above is available on request. For a copy reply to this email or give me a call on 021 902 901.
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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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