--- title: 'Co-Own' sidebar_position: 1 hide_title: true --- ![](../img/temples1.png) # Become a share & stakeholder of the Veda Nile operation - 4,000,000 digital shares of 1 EUR each - the digital shares are registered on a public blockchain and can be traded - digital shares can be used to use the boats at 60% discount ## Assets - company and running operation in Egypt (Maher is the manager and there is a wonderful team of about 30 full time permanent staff) - 2 luxe Veda Nile boats: Mother & Father Veda (24 rooms) - 1 original sailing boat 10 rooms - 4 family boats, 4 a 5 rooms each (3 need to be bought, would give us 20 rooms) - 6 green tugboats (to be invested in, now we rent, but its better to own and be more green) - optional buy land where we can do organic farming & docking of the boats, closer to Aswan. ## Quick Financials - prices of rooms for the luxe boats is 500-1000 USD per room per night - prices of rooms for the organic well run original boats is 250-600 USD per room per night nr of months per year - 4 high season - 3 mid season - 3 low season lets make it all easy - 54 rooms x 300 usd for lower fee x 10 months x 20 days per month avg = +3.2m USD - lets take 50% of this, its still +1.5m USD per year - lets take 25% of this, its still +750k USD per year ## budget - 2.5m EUR acquisition of company with all its assets (licenses, company, boats, ...). - 0.5m EUR for acquisition of tugboats, 3 baby boats... - 1m EUR for reserves ## process - register interest, pay 10% now - only if we get to +2m EUR then it will happen, if not all money send back ## governance - a cooperative company structured in a digital freezone - cooperatives are amazing structures, more than 12% of the people in the world are already linked to at least 1 cooperative, an amazing example is the COOP in Switzerland. - the cooperative owns the operational existing company in Egypt