Garth Watson
Kelowna, BC (CAN)
Role(s):
Founder/Owner/Principal
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Location:
Kelowna
Industry:
Technology/Web
Year Founded:
2002
Number Employees:
1-10 people
Description:
EnviroTech Equities Inc. (ETE) has been established for the purpose of capitalizing the development of “emerging environmental technologies” which will be operating generally within the environmentally driven industrial sectors of sustainable agriculture and environmental remediation (the “Environmental Sectors”) in North America.
ETE resources will be used to make “Portfolio Investments” that will generally be made in development opportunities in the environmental sectors that management has identified to have long term competitive advantages and can likely provide an exit opportunity within 2 to 5 years from the date of investment.
ETE has approved, made and planned “seed” & “second stage” Portfolio Investments in the following companies:
Portfolio Company Required Investment
AquaRanch International Inc $1,500,000
Orgro Food Mills Ltd $1,500,000
Growth Management Resources (Canada) Ltd $500,000
ETE will continue to investigate technology development opportunities within the Environmental Sectors and conduct a rigorous due diligence process to determine the commercial viability of the technologies presented to ETE for investment.
When a technology has been approved for investment ETE will authorize the required amount of shares to be sold to capitalize the investment. when investment of all funds required for each identified “Portfolio Investment’ is completed and the portfolio company has been established, ETE, where possible, will receive a first mortgage on all real estate assets & first charge on all equipment assets of the portfolio company in which such investment is made, as security for the investment.
Investors in the ETE will receive guaranteed annual 6% ROI from their investment and a pro-rata share of income, in perpetuity, derived from dividends resulting from 30% voting ownership of each of the “Portfolio Companies” developed with the use of ETE resources. Investors will have the “option” to have their shares redeemed on the fifth anniversary of their investment at the value established by the “valuation” of the company at that time.
ETE has authorized a maximum of 5,000,000 shares to be issued at a value of $1.00 USD each to create the “capital pool” to be used for investment. 750,000 shares have been issued to date. $1,150,000 has been financed.
Note: This summary is not intended to solicit the sale of securities and is provided for information purposes only. For additional information on this opportunity interested parties should contact the Company at (Phone # removed)or email (URL removed)