Between 2016 and 2023, USD387k (NZD650k) in seed capital was invested in developing the NZ-US cross-border ecosystem required to support the NZ "Seed-to-Ship" Natural Health Product ("NHP") supply system plus the "Ship-to-Shelf" distribution ecosystem.
An "NZX Pathway" is planned to target the listing of NZ Natural Capital Partners on the NZX either via (1) an RTO, (2) a direct listing in support of native NZ tea tree as an investment sector worthy of investor support as a potential $1B industry to follow in the wake of the MMJ sector failure in NZ.
Structured into two parcels of 5M shares priced at NZD1.00 per share through NZ Natural Capital partners Ltd. Series A (NZD5M) is planned to support closing an AU-US-NZ based MBI ecosystem, with the Series B (AUD5M) supporting the freehold factory asset purchase in NSW to value add NZ tea tree oil.
With the closing of the Series A & B Rounds, the Company's US shareholders plan to launch its USD5M crowdfunding campaign pricing 2.5M shares at USD2 per share. A Listing Agreement has been signed and a "Test-the-Waters" campaign is under way.
The successful closing of the US Series C, SEC "REG-CF" crowdfunding Round by Tribal Health Corp, provides a base upon which to seek a dual listing on the ASX.
As a dual NZX/ASX listed company, focused on exporting / distributing Natural Health Products (NHP) in the US provides a platform to IPO in the US on the NASDAQ as part of an SEC Form S-1 filing.to deliver a USD1B market cap Corp.
NZD30m+ did not prevent this early mover from calling it a day when it slid into Voluntary Administration and suspended from the NZX. Perhaps there is hope yet!
Nice try in a beautiful location by a brave CEO who with circa NZD10M also now appears to be facing cash crunch time. How about an RTO Dan?
An eclectic investor group who put up NZD37M on 'interesting' PDS's that rode on a crafted, culturally societal story. RTO board equals salvation.
A fact that the "PGF" failed to support under the previous government whose Ministers and their Wellington proxies favoured "out east" over "up north".
(Interesting to see that the "rural development Minister" from the previous Government who headed up the Ministerial committee that declined a PGF application for NZD980k, (by the entrepreneurial Maori "Crown" leaseholder of this massive resource to harvest this exciting taonga), is now back in the new "coalition" Government in the same role as he played in the last one. "OMG".). Throw LINZ into the mix and it all becomes a dog's breakfast.
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