Jul 31, 2018
According to preliminary estimates, the estimated sales volume of Nagri by the end of the first stage should reach, in the most likely scenario, approximately 10 million litres in Brazil and 5 million litres in the EU. Thus, Nagri sales volume at the expected average selling price of 15 USD per litre will amount to approximately 200 million USD. In case of faster expansion of Nagri in target markets during the first stage, it is also possible to include promotion among other target markets, namely the markets of Ukraine, Mexico, the Russian Federation, China, etc. Certain preparatory activities are already being performed in a number of these countries, namely, Nagri certification, search for interested partners, etc.
To ensure the required production volume during the first project stage, two filling lines in Brazil and two lines in the EU as well as the equipment for production of antioxidant components are going to be purchased and installed. The total amount of investment in the acquisition and installation of equipment, as well as personnel training at the first stage, is approximately 6 million USD.
The operating costs for the purchase of raw materials, payment to workers, engineers and management personnel, as well as commission payments to partners and marketing costs will account for approximately 60% of sales. In 2018, Nagri will be offered to all potential customers for a free field test.
Project financing requires an investment of 17 million USD in early 2018 and an additional 8 million USD at the beginning of 2019.
By the end of 2019, net operating cash flow is expected to be 15 million USD and the project will move into the self-financing phase.
The consolidated net cash flow by the end of 2022 should be approximately 140 million USD, which will enable both the financing of expansion of the project in Brazil and the EU, as well as to access other geographical markets.
To finance the project, NagriTech plans to place a public offering of tokens (ITO) for a sum of 20 million USD at a nominal price of 3 USD per token. Investors will be offered a flexible pricing system that allows the purchase of tokens at a discount. To finance token registration costs at the exchange and ITO marketing campaign costs, a pre-ITO will be organized, which is expected to raise between 500,000 and 2 million USD.
NagriCoin is a project of an international biotechnology company NagriTech. The basic asset of this token is the Nagri product itself, which has been in development for more than 7 years. Nagri is the newest organic composite formulation of microelements and antioxidants that stimulate plant growth, which can find the broadest application in the agricultural and plant cultivation sectors around the world, increasing yields and improving the quality of almost all the crops it deals with. NagriTech team consists of reliable and professional members from all over the world.
Attention. There is a risk that unverified members are not actually members of the team
$1 090 000
$1 214 375
$52 740 000
$3 875 000
$12 563 185
NAGRICOIN is an agricultural biotechnology platform producing Nagri and giving the investors an opportunity to invest in NGRX tokens enabling them to easily acquire smart fertilizers to increase production in different states.
The platform helps in improving agricultural production through the provision of smart fertilizers with attractive features leading to the increased yields in different environmental conditions making the project vital. I would put my investment on it.
This is a security token offering, and the team has thought through the processes to ensure it is done with strong compliance - this is the key. STOs will be the way to go in the long run, and this project has a an actual commercial viability.
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