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