Backyard Aquaponics
A place to discuss aquaponics

Thanks Charlie.


Pretty much, but some of the property deals I've been on the edge of have been pretty hairy and I was grateful I was not actually involved.


Maybe after a couple of years but not at first. The guys at the Ballarat Hatchery have that covered pretty well around here.

YOU are going after the wrong type of investor's.
YOU need to chase people who will invest $500 and cap the investment at $2,000
YOU need to show them your current working systems and professionally drawn plans by engineers & architects of your proposed 1hte setup... all money raised then has to be invested into a trust fund and used only when enough is raised to start and complete the investment. There has to be an end time in any contract so I would say if funds aren't raised within 3yrs, each investor gets their money back with interest... the reason and big benefit to cap any investment at $2k is to develop a large people power base who approx5-7% of them would be willing to go and work in it. and any joe blow who wants to invest can invest..


Large investors would be the beginning of the end for you.

I also think Charlie is a very smart man to get the gist" of what your doing only after reading 7 pages here and a website...
however......

.... I reckon he is telling fibs.!!

Actually mudeye, Ive known Stuart for a long time, and I also know a lot of what he has been doing in the past 4 years Ive been on the forum and read almost everything he has shared from before that. I know what he is capable of and now what direction he is taking. I don't know why you think I would lie about that and to be honest most of your comments to stuart come across quite rude. Id prefer if we could keep it more respectable please.

I dont get where all this vitriol is coming from.... are you a previous investor that lost money or something?

if stuarts idea is so bad, why not just let him lose his money and you get on with your own life?

huh: My first real suggestion to Stu and I get some crackpot trying to start a personal attack on me.!!
WELL DONE Yavi.
no chrissy present for you this year..

Mudeye I feel I've been very patient but I'm going to have to be rather direct.

The strategy you have outlined above is ILLEGAL unless you have the appropriate financial services licence and have prepared a product disclosure statement and an audited prospectus. Those three things cost at least a couple of hundred grand.

You don't need a license or prospectus if you limit yourself to 20 new members/share holders in a 12 month period. You still need a product disclosure statement unless they have a "direct executive involvement" with the venture.

You couldn't advertise the offer nor could you publicise the drawings or any details about the project for the purpose of attracting investment.

You are expressing your opinions with a great deal of confidence but your knowledge on these matters is somewhat lacking to say the least. The advice you are offering is not only wrong but if someone where to follow it they would be breaking the law. At best they could be fined tens of thousands of dollars but jail time is not inconceivable.

Mudeye

Stuart can be a real prick at times (no offence) but I believe he is genuine in trying to get this to work. If you could have put the above statements as suggestions rather than 'its got to be done this way' it may have been helpful.
The only criticism I have is that it sounds like one of our previous PM's, on selling Telecom ( for the younger viewers that is Telstra) .

Charlie probably just talks to his accountant and then fluffs it a bit. There was some discussion a while ago about his tax returns.

ok Charlie, ok Sleepe, ok Stuart, ok Yavi,
didn't mean to offend but I obviously have for all 4 of you to say so.
won't happen again, don't mean to come across as so confident.

I won't say anymore on the subject.
As I said on your website Stu, great idea and wish you the very best.

That is why I've been a bit confused because the comment you left on the website was so positive yet I haven't got any sense of that here.

Nothing wrong with being confident. Even confident and wrong is not a big problem as long as the wrong bit isn't permanent.

Sometimes I think Stuart you (imho) interpret things in the wrong way, and mudeye the same.
Lets face it if you sit down and have a few beers together life isn't so bad.

I'm sure I do Sleepe.

Your timing may well turn out to be spot on with another El Nino on the way. Water conservation and reuse may become "hot topics" again.
http://www.smh.com.au/environment/weather/great-godzilla-of-an-el-nino-likely-to-linger-well-into-2016-agencies-say-20150813-giywva.html

I also really like the cooperative aspect of it, as you mention the cost per hectare of smaller blocks of land is prohibitive, so I hope it goes well, cheers.

Just a guess, but he might have been referring to these guys

http://www.tailormadefishfarms.com.au/

They produce a ton of plate size Barramundi a week, have a large restaurant and a HP component.

Did someone say beer...?

I've got 200Ls of cider I can't drink