Eco Allies Inc. (EA) http://ecoallies.biz is a for-profit Nevada Benefit corporation. EA is pursuing opportunities in the ecological restoration and preservation industries.
In June of 2021, EA entered into a J/V agreement with Climate Cure Capital Corporation (CC) http://climatrcurecapital.com and Biochar Now, LLC. (BN) www.biocharnow.com to grow Paulownia Elongata SuperGreenTrees (SGTs) and establish a biochar production facility in Florida. The EA/CC/BN Joint Venture will manufacture, distribute, and market EA branded Biochar Now’s biochar. EA is the majority partner (75%) in the joint venture. Eco Allies® branded biochar will be manufactured for international markets. Biochar is a component for many dozens of products and uses. Biochar’s global market is non-cyclical and growing exponentially. Biochar’s made from biomass.
The EA/CC/BN J/V’s recent news. Eco Allies and Climate Cure are planting 75,000 SuperGreenTrees with agronomist Luis Gonzalez and ranch owner Melissa Gonzalez at her 20,000 acre Rancho San Miguel de la Soledad in Chihuahua Mexico, https://www.accesswire.com/viewarticle.aspx?id=764043 and working with BioChar Now’s CEO James Gaspard to expand Eco Allies and BioChar Now’sJ/V to Include a 2nd plant in Mexico https://www.accesswire.com/viewarticle.aspx?id=765458
BioChar Now’s CEO sits on EA’s Board of Directors. Biochar Now holds biochar product and production patents, producing biochar at its Colorado facility. Its biochar has USDA and EPA approvals, as will EA’s biochar. Included in the arrangement is Biochar Now’s award-winning know-how. BN has brought its customer, Dasco, Inc. to the JV. Dasco seeks to purchase 6,000 tons. of the JV’s 1st year biochar production. Dasco’s plant is in Southern Georgia, just across from Madison County. Dasco has indicated it would double its order in year two. Annual production is projected at about 19,000 tons.
The JV’s operation will have 180 kilns, which are metal canisters with a patented controller whose settings control heating. Production is not a hi-tech activity. The employees do not need to have specialized skills operate the facility. A BN trained manager will oversee it.
The JV’s biochar plants will be in revenues six months after breaking ground. Biochar is a high margin product. The JV’s annual revenue generated from each of its 180 kiln operations is about $38,000,000 (at $1/lb.). At the end of year two after tax annual earnings from each plant would be over $18,000,000. Income from other sources, such as tipping fees and carbon credits sales are not reflected.
This Chihuahua farm has begun growing 75,000 SGT’s on 500 acres. The J/V has optioned 4,500 additional acres at Rancho San Miguel which can ultimately produce 1,000,000 SGTs. SGT’s have a 3-to-8-year growth cycle, and grow to about 60 feet. At that point they are harvested. Over their productive life SGTs will fully grow five to six more times from the initial stump and root structure, SGTs™ have successfully grown and harvested for years domestically.
Eco Allies’ sister company, Climate Cure Capital Corporation developed the SGT and transferred it to EA. CC will cultivate and harvest SGTs and market EA’s timber, biomass, carbon credits, and carbon credits futures produced from the project generating more revenue for EA and CC.
BlackRock & JP Morgan are joining for a $41 trillion fund for investment’s in Renewable and Sustainable businesses is making an abundance of mezzanine financing’s available. https://www.bloomberg.com/news/articles/2020-01-09/blackrock-joins-investor-group- campaigning-for-climate-action.
EA has an audited $20 million Regulation A+ filing with the Securities and Exchange Commission that includes funding for the biochar facility, operations, and other activities that will generate income from carbon credits sales and carbon credits futures contracts.
If all shares of the offering are sold about 25 million shares would be outstanding. Using a 20-PE ratio, a $14/share price is indicated. The Regulation A+ offering price is $1.00/share.
StereoVision Entertainment Inc. http://stereovision.com is a publicly-traded Nevada company (OTC:SVSN) utilizing its award-winning team of industry professionals in the areas of (1) climate change mitigation through its wholly-owned subsidiary Climate Cure Capital™ http://climatecSherpa sinfor Eco Alliesurecapital.com/ and its for-profit subsidiary Nevada Benefit corporation Eco Allies® http://ecoallies.biz, (2) creating, producing and distributing family friendly multi-media content with its wholly-owned 9-time Emmy-Award-winning production company, REZN8. http://rezn8.com.
Safe Harbor Statement: Except for historical information certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. The Company undertakes no obligation to publicly update any statements in this release.