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January 20, 2015

United States

California—Net Zero Aqualife Has Raised $5 Million for a Shrimp Farm

Via Crowd Funding on the Internet

 

For those of you that are not familiar with “crowd funding”, it’s a way of funding projects via the Internet by soliciting relatively small amounts of money from a large number of people.

 

Net Zero Aqualife, an affiliate of Net Zero Enterprises, a completely organic, non-GMO, self-sustained shrimp farm, has 12 days remaining on its crowd funding campaign, which closes on January 31, 2015.  The San Diego-based company seeks to produce high-quality organic shrimp at a low cost in a recirculating system.  The resulting product will be fully compliant with Whole Foods’ requirements, according to the project’s Crowdfunder profile.

 

The Crowdfunder website says: The company seeks an investment $5,150,000 with a minimum reservation of $5,000.  Since the campaign began on August 10, 2014, Net Zero Aqualife has reservations totaling $5,077,050.  It is also seeking funds on Return on Change, another crowd funding site on the Internet.  On that site, it has raised $4,385,550 of its $5,150,000 goal, with an equity share of 51.5 percent, and 12 days to go.

 

More recently, Net Zero Aqualife said that 97 percent of its equity funding was completed, adding that Net Zero Enterprises would kick in the remaining 3% if the project doesn’t reach its goal of $5,150,000.

 

Currently, the campaign has 200 Crowdfunder followers, and its top investors are Net Zero Enterprises’ chairman/CEO, Kim Forssell; and its president for the Americas, Jonas Eriksson; as well as Ericsson’s head of prime integration services and a coach who was a former Davis-cup player for Denmark, according to their respective Crowdfunder profiles.

 

Information: Kim Forssell, Chairman and CEO, Anders Lennartsson, President in the Americas, and Jonas Eriksson, Chief Technical Officer, Net Zero San Diego, 511 Saxony Place, Suite 101, Encinitas, California 92024, USA (webpage http://www.netzeroenterprises.com/index.html).

 

Source: CrowdFund Insider. Net Zero Aqualife, Producer of Organic, Non-GMO Shrimp, Nearing End of Crowdfunding Campaign.  Midori Yoshimura.  January 19, 2015.

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