David Merritt
San Diego, CA (USA)
Role(s):
VP/SVP/Dept Head
Natural Resources Acquisitions
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Startup
Location:
Sharon
Industry:
Other
Year Founded:
2021
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Partnership
Description:
1) We are looking for short term loans from $100,000 to $2 million for an exclusive logistics program that will return the principal loan within 90 days and provide profit sharing returns of 300% within 12 months after return of the principal loan, with payments every 60 days. For example: On a 100,000 loan, after the principal has been paid back within 90 days, $25,000 will be paid every 60 days for 12 months, a return of $300,000 (300%). The loaned funds are not used to acquire gold. They are used exclusively to cover export expenses and export taxes. The profit sharing itself is paid from the sale of the gold.
2) We are able to provide these returns, based upon exclusive, contractual relationships with mines and gold buyers under the following business model, as described below. This model has been developed and successfully implemented over the last 4 to 5 years.
a. Our contracts are direct with small artisanal mines throughout Africa. There are no brokers involved. We control all the gold in the ground, as well as the miners. We have 100% credit on the gold we mine and export to our refineries in Dubai. After the gold has been assayed, we then sell it to our exclusive buyers and pay the mine as agreed, per kilo.
b. This model has numerous unique elements that allow us to provide generous returns with features that cannot be provided by any other gold suppliers, which enables us to reward our investors as stated.
3) Lenders provide only $4,000 per kilo for us to acquire, transport, assay and sell $67,000 worth of Gold Dore Bars.
4) The lender's principle is paid back within 90-days. The lenders profit sharing of $2,000 per kilo is paid every 60-days for 12 months, which creates a return of 300%.
5) The mine receives their profit from the sale of the gold, within 48 hours of the sale.
I look forward to hearing from you and providing any additional information.
David L. Merritt
VP Logistics
Natural Resource Acquisitions