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W ✪ RMS® 1OAP: Phantoms of Phinance - Florence, 2011. Asli Ozyar- MS&E, Istanbul, TURKEY Lauren Taylor- Product Design, Los Altos, CA Andrew Grinalds –

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Presentation on theme: "W ✪ RMS® 1OAP: Phantoms of Phinance - Florence, 2011. Asli Ozyar- MS&E, Istanbul, TURKEY Lauren Taylor- Product Design, Los Altos, CA Andrew Grinalds –"— Presentation transcript:

1 W ✪ RMS® 1OAP: Phantoms of Phinance - Florence, 2011. Asli Ozyar- MS&E, Istanbul, TURKEY Lauren Taylor- Product Design, Los Altos, CA Andrew Grinalds – MS&E, Southport, CT Gavin McCourt- Humbio, Los Angeles, CA “The Genentech of Green-Biotech” Vision Statement: Our vision is to become the leading green-technology company, creating, producing, and selling innovative solutions of high quality for unmet ecological needs. Our products will help to preserve our planet for the next generation and increase quality of life on earth using our resources more efficiently. We strive to create a company based on doing the right thing for our world and the people who live in it.

2 OAP: Phantoms of Phinance - Florence, 2011.2 WORMS is a bio-composting solution that uses genetically modified earthworms to create an ultra-premium fertilizer from previously unusable material. THE ELEVATOR PITCH

3 OPA: Phantoms of Phinance -Florence, 2011. 3 THE PROBLEM & TARGETED INDUSTRY AGRICULTURE: MEGA-FARMSWASTE MANAGEMENT INDUSTRY FERTILIZER PRICES SUSTAINABLE AGRICULTURE GLOBAL FOOD CRISIS DISPOSAL = EXPENSIVE Stage 1: Stage 2:

4 Mega-Farm Locations: OPA: Phantoms of Phinance -Florence, 2011. 4 Domestic Market Size for Fertilizer: 19 Billion Dollars Annually Addressable Market: Mega-Farm Fertilizer Consumers $7.5 Billion per year Target Markets: CUSTOMER & MARKET SIZE Costs Up: Growth Opportunity Mega-Farm Locations

5 OPA: Phantoms of Phinance -Florence, 2011.5 Input: Farm Waste WORMS Output: Bio-Fertilizer Mega-Farm Customers Advanced Waste-Management Customers Input: Organic waste WORMS 3 rd Party Waste Management Facility Output: Bio-Fertilizer For Commercial Sale THE SOLUTION & BUSINESS PLAN PHASE 1 PHASE 2 Advantages: No transportation needed Fertilizer is site-customized No need to dispose of waste (huge cost savings) Possibility to sell overflow After market value is established and process perfected at a smaller scale:

6 OPA: Phantoms of Phinance -Florence, 2011. 6 THE FINANCES Example Large Farm ROI Evaluation: Large 2,000+ hectacre farm uses average 103.4kg of fertilizer at cost of $150 (wholesale) a ton = Average cost of fertilizer per year is $31,700,000 Farm has 25,000 tons of waste which can be converted to 12,500 tons of fertilizer. Cost of WORM Facility: - $4,000,000 immediately Cost of WORM Service: - $500,000 per year (including worms, consultation, white glove treatment.) Value of Fertilizer Produced: $ 1,875,000 at market rate Saved Dump “Tipping Fees”: $ 250,000 per year (at $10 a ton) if applicable Breakeven is less than 5 years without possible government subsidies!

7 OPA: Phantoms of Phinance -Florence, 2011. 7 THE FINANCES Example Advanced Waste Compost ROI Evaluation: Advanced Waste Compost ROI: Accepts 150,000+ tons per year of source separated organic waste, and turns it into compost. We offer to license our technology which can increase output 1.25x and command a higher price due to its ultra-premium quality. Before – creating 50,000 tons and selling it at $350 a ton Now – creating 75,000 tons and selling it for $500 a ton Increasing revenues from $17.5M to $37.5M Cost of WORM Facility: - $35,000,000 immediately Cost of WORM Service: - $3,500,000 per year (including worms, consultation, white glove treatment.) At current prices, would break even shortly after the first year and by the third year would be doubling previous revenues.

8 OAP: Phantoms of Phinance - Florence, 2011.8 high low Home vermiculture Current farm disposal methods Community Composting WORM Napolitano Mafia 3 rd World dumps Community blight…throwing trash on ground COMPETITION high

9 OAP: Phantoms of Phinance - Florence, 2011.9 WORMS is devoted to increasing the efficiency of organic waste transformation for the benefit of US agriculture and the global environment. Using the latest genetic engineering innovation, WORMS is a more cost-effective alternative to current fertilizer companies and niche compositing facilities. SUMMARY & MAKING MEANING WORMS, besides helping to feed the world, will help alleviate the 41 million tons of CO 2 that is expected to be emitted from further use of fossil fuels.


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