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Green Giant Venture Fund partners with Global Energy Technology Group (www.ge-tg.com) to develop Coachella Valley Farm project

Currently the GETG project is focusing on four areas of interest: aquaculture, carbon credits, solar and biofuels highlighted briefly as follows:

AQUACULTURE OVERVIEW

Fish farming (or aquaculture) is the fastest growing segment within the global agribusiness growing at a compound annual growth rate of 9%. In the 1970’s, aquaculture represented only 6% of total seafood consumption. Today, it represents 40% and is expected to rise to 50% by 2024 representing a market size of $100 billion.

Part of the reason for aquaculture’s growth is the increase in global demand for seafood coupled with a flat or declining supply from wild harvesting.

Key drivers include the following:

• Output from Wild Fisheries in Peril – “We are fighting a war against fish, and we are winning,” according to Dr. Daniel Pauly, a professor at the University of British Columbia, Fisheries Centre and Zoology Department. Over 75% of the world’s commercial species are now fully exploited, overexploited, depleted, or recovering from depletion, reports the Food and Agriculture Organization of the United Nations.
• Expanding Global Seafood Demand – According to the World Health Organization, world per capita consumption of fish and fishery products has risen by 80% in the previous four decades from an average of 9 kg during the 1960s to over 16 kg by 1997.
• Food Security – In 2008, imports made up 83% of the seafood consumed in the U.S. mostly from countries with practices that are under-regulated and far from sustainable. It is nearly impossible to trace the origins of imported seafood. In contrast, sustainable aquaculture enables local production (which also means fresher produce), year-round availability, and a higher degree of traceability.
• Fish Consumption is an Efficient & Sustainable Protein Source – In animal husbandry, one of the key efficiency measures is the feed conversion ratio (FCR). The FCR measures feed fed/weight gained for various animals. This ratio is determined by the biological ability for animals to convert food into tissue. The FCR for sheep and cattle is 8:1, pigs 4:1, poultry 2:1, and fish (Atlantic salmon or tilapia) ~1.5 :1.
• Local is the New Organic – The concept of ‘food miles’ is a measure of the distance that a food product travels from harvesting to where it is sold. For fish, food miles is often 2x to 3x greater than typical produce (1,500 miles) because fish are often caught and processed in very different locations. Land-based aquaculture can be located closer to where products are consumed, and can significantly reduce food miles, transportation costs and simultaneously improve freshness.

GETG AQUACULTURE BUSINESS

GETG has acquired an interest in the net revenues produced by Aqua Farming Technology Inc., (“Aqua Tech”) a Southern California based producer of tilapia, catfish and most recently shrimp. Aqua Tech is improving its control of key factors affecting production cost by vertically integrating into feed production and electricity production, (solar), while increasing the product price, by delivering direct to market, (instead of selling through a broker.)

GETG is proceeding with its plan to acquire controlling interest in the common stock of Aqua Tech, infuse the company with additional equity funding, and double the size of Aqua Tech’s business over the next twelve months. Aqua Tech has plans to build a shrimp hatchery and acquire control of two additional farms in the vicinity of its existing operations. Next spring Aqua Tech will implement an innovative green algae based feeding program projected to both accelerate growth while reducing feed costs by 50%; this proprietary program was developed, tested and proved during the second and third quarters of this year and will be scaled significantly next spring and summer.

[FIGURE 1 - THERMAL FARM ]

The goal is to make Aqua Tech the definitive leader in tilapia, catfish and shrimp aquaculture in Southern California; we believe we are well on our way to realizing this ambitious objective; three factors will contribute to and sustain Aqua Tech’s success: (i) innovation; (ii) vertical integration; and, (iii) product quality.

FARMLAND AS AN ASSET BASE

Through its aquaculture business, GETG is acquiring farmland which provides current income as well as the other benefits of hard assets. There is a growing consensus that farmland will benefit from the increase in demand for grain, environmental demand for alternative energy, and the impact of globalization.

Farmland is an attractive long-term investment that offers current income, capital appreciation, an inflation hedge and favorable diversification that is negatively correlated with traditional asset classes. Consider that, since the end of WWII farmland in the United States has experienced a steady rise in value for every year except four (1983, ’85-’87). Most investors have experienced wrenching declines in the value of their portfolios lately, but those with an allocation to agriculture benefited from less volatility and positive returns to offset losses from the other asset classes. Factors that will benefit farmland investments include:

• Global demographics increases demand for food
• Growing Asian middle class’ demand for protein
• Alternative energy demands for ethanol, biodiesel and wind
• Declining global supply of arable land
• U.S. has comparative advantage in agriculture
• Declining dollar stimulates agricultural exports
• Agriculture/Farmland uncorrelated with stocks and bonds

Aerial View Thermal Farm

CARBON CREDITS

GETG’s solar business and biofuels project both generate carbon credits, though the process of qualifying the credits so they can be monetized for the Company’s benefit is somewhat complicated. GETG therefore retained Green Giant Venture Fund to assist in the development of the Company’s carbon credit initiative. Green Giant Venture Fund (“Green Giant”) is already in discussions with potential buyers to pre-purchase the Carbon Credits for which the GETG anticipates qualifying.

GETG is also in preliminary talks to explore the possibility of acquiring Green Giant. The acquisition of Green Giant adds to the Company’s core competencies and could potentially add significant assets highlighted as follows:

• Revenue participation from out sourced financing of renewable energy projects throughout the world. (brokering) PwC, Barclays UK etc.
• Revenue participation in the form of (certificates of revenue entitlement) for direct investment /acquiring projects with GETG stock.( IRR 8-15%)
• Carbon Credit assets retained for early stage Carbon Credit project documentation financing (25%).
• Revenue from PPA backed /guaranteed renewable energy project financing. A global investment vehicle/offering exclusive to GETG. Revenue participation in the form of certificates of revenue a non securities type vehicle /offering. Possibly insured (wrapped) in event of project default paying out 6-7 times face value of PPA.
• Revenue participation in the securitized Credit Default Swap market. (a 100 trillion dollar market currently). Any contract for future delivery of payment for commodity type product (tipping fees, fish, MW/KW’s, biofuel, paper).

SOLAR

The Company’s aquaculture operations are conducted in the Coachella Valley which is part of the Southern Mojave Desert and is one of the sunniest places in North America. Not surprisingly, this area of Southern California is also location of the several significant photo voltaic thin film solar projects. The PV technology is evolving, becoming less expensive and more efficient. GETG has been contacted by companies who would like to construct solar arrays on unused sections of the Company’s farms; looking forward into next year GETG should evaluate potential candidates and explore the terms under which an additional solar venture might be structured.

The solar array being constructed on the Thermal Farm is 70% complete and should be placed into service by the end of the year. During Q4 of this year management will be in contact with current as well as prospective contractors to develop and evaluate proposals for the construction of the solar array to be constructed on the Mecca Farm for the purpose of generating electricity for farm operations. These two projects, Thermal, which is under construction, and Mecca, in the development phase, are helping the Company build its knowledge base so that larger projects may be competently analysed.

BIOFUELS

The Company’s plan focuses on generating revenue near term from the sale of fish and shrimp and both revenue and asset growth over the long term through the sale of Jatropha oil produced on Company owned plantations. Considering all the aspects available among non-edible Tree Bearing Oil (TBO) seeds, Jatropha curcas has been identified as the most suitable seed for extraction of oil and subsequent processing of Biodiesel.

Last winter was unusual in that not only did it get cold, but there were several cold episodes, whereas in a regular winter the number of cold episodes are fewer; overall we are advised that it turned out to be a fairly harsh winter, and a colder than normal spring. The good news is that our Jatropha crops planted last summer survived the winter and although the plants broke dormancy late, the plants are flourishing and growing at a rapid pace. Some of the plants flowered and fruited within a month after breaking dormancy. The Company is preparing additional property to increase our plantation yields with subsequent planting of 1 million trees.

PROJECTED STOCK VALUATION

Statements in this information are not historical facts and are forward looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its Management. Such statements reflect management’s current views, are based on certain assumptions and involve substantial risks and uncertainties. Actual results, events, or performance may differ materially.

STATUS OF MOVING GETG TO OTCBB

GETG has signed an agreement to merge with a fully reporting publicly traded OTCBB company; under the terms of this transaction, GETG will be the surviving company; GETG is in the process of completing an audit. The transaction is scheduled to result in GETG becoming a fully reporting publicly traded company during the first quarter of 2012. This capital structure will accomplish several objectives: (1) being both fully reporting and publicly traded enhances the Company’s ability to secure additional equity financing; (2) existing shareholders will realize a higher level of liquidity; (3) the OTCBB status will improve the Company’s ability to use its stock in transactions where it is acquiring other assets or companies; this should accelerate GETG’s growth curve.

PRESS

Jim Rogers, Business Week

“Agriculture’s been a horrible business for 30 years. For decades the money shufflers, the paper shufflers, have been the captains of the universe. That is now changing. The people who produce real things [will be on top]. You’re going to see stockbrokers driving taxis. The smart ones will learn to drive tractors, because they’ll be working for the farmers. It’s going to be the 29-year-old farmers who have the Lamborghinis. So, you should find yourself a nice farmer and hook up with him or her, because that’s where the money’s going to be in the next couple of decades.”

Jim Rogers hooked up with George Soros to start the legendary Quantum Fund. The ensuing decades have seen Rogers build an iconoclastic career as an author, adventurer, and creator of the Rogers International Commodities Index.

http://www.businessweek.com/magazine/content/09_10/b4122017811535.htm

Why is George Soros selling gold and buying farmland?

Natural News) Food prices are skyrocketing all across the globe, and there’s no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher (in contrast to a weakening currency). As the dollar drops in value due to run away money printing at the Federal Reserve, the cost to import foods from other nations looks to double in just the next two years — and possibly every two years thereafter.

That’s probably why investors around the globe are flocking to farmland as the new growth industry. “Investors are pouring into farmland in the U.S. and parts of Europe, Latin America and Africa as global food prices soar,” reports Bloomberg magazine (http://www.bloomberg.com/news/2011-…). “A fund controlled by George Soros, the billionaire hedge-fund manager, owns 23.4 percent of South American farmland venture Adecoagro SA.”

Jim Rogers is also quoted in the same story, saying, “I have frequently told people that one of the best investments in the world will be farmland.”

That’s because demand for food is accelerating even as radical climate changes, a loss of fossil water supplies, and the failure of genetically engineered crops is actually reducing food yields around the globe. Ceres Partners, which invests in farmland, has produced astonishing 16 percent annual returns since its launch in 2008. And this is during a depressed economy when most other industries are showing losses.

Learn more:
http://www.naturalnews.com/033319_food_prices_farmland.html#ixzz1XqjxVMQK

Fish as farmed food: aquaculture draws investors

GENEVA | Wed Nov 10, 2010 1:07pm EST

(Reuters) – Agriculture investors keen to profit from rising demand for commodities say they are turning their attention to aquaculture, betting that farmed fish can meet the protein needs of a growing, hungry world. Diets in China and other fast-developing countries have changed alongside rising incomes, shifting toward beef and other types of meat, which require high volumes of water and grain to produce. Kevin Schwartz, a partner at U.S. private equity firm Paine & Partners, said there was also significant appetite for fish as an alternative protein source that can be raised in a sustainable way. “Aquaculture is a way to meet that demand,” he told the bankers, fund managers and investors gathered in Geneva at the Global Ag Investing conference. Rich Gammill, managing director of Black River Asset Management, part of agri-business giant Cargill, said fish such as tilapia raised in aquaculture could find plentiful customers around the world. “It just makes sense economically for people to turn to fish as a low-cost source of protein,” he said, suggesting farming fish can also avoid ecological damage from over-fishing oceans and rivers, drawing in developed market customers too. “From a sustainability point, this needs to be developed,” he told the conference.

The End of the Line

By Bryan Walsh Thursday, July 07, 2011

Fish are the last wild food, but our oceans are being picked clean. Can farming fish take the place of catching them?
Read more:
http://www.time.com/time/health/article/0,8599,2081796,00.html#ixzz1XqiWgLIc

Is Farmland the Trade of the Century?

By Chris Nelder | Friday, July 17th, 2009

What should a long-term investor invest in? What are they putting their money into? The answer may surprise you: farmland.

Follow the Smart Money

Legendary investor Jim Rogers has been all over the investing press this year, saying that farmland is his preferred vehicle. “If I’m right, agriculture is going to be one of the greatest industries in the next 20 years, 30 years,” he said in a March interview with CNBC. He is now the director of two funds which are developing new farmland in Brazil and Canada. Major investors who have caught the farmland fever include George Soros and Richard Rainwater. A host investing houses like TIAA-CREF and BlackRock Investment Management have plowed serious cash into the sector as well. Most recently, Qatar, Abu Dhabi, Saudi Arabia, United Arab Emirates, China, South Korea, and Egypt have all made the investing press for taking multi-billion dollar stakes in large tracts of farmland in relatively unexploited areas of the world, primarily in Africa and Asia. Not just because they like the investment outlook, but because they are worried about securing enough food to feed their own populations. Fortune magazine quoted Lord Jacob Rothschild in a major feature last month (“Betting the farm”) as saying “We think right now is an excellent point of entry for taking a long-term position in agriculture.” I suppose I needn’t point out that one could do worse than to follow the example of a 73-year-old member of a 200-year-old banking dynasty with a personal fortune of some $600 million. A new crop of funds like Rogers’ has sprung up to provide other funds and wealthy individuals a way to play the farmland rush. Investors who need smaller stakes are turning to farmland limited partnerships and LLCs.

Why farmland?

A Fertile Investment

First and most obviously (as the old saying variously attributed to Will Rogers and other turn-of-the-century Wyoming cowboys goes) they aren’t making any more of it. Unlike the classic inflation hedge of gold, which doesn’t create value, farmland’s value is based upon the crops it produces, so it tends to hold its value and appreciate over long periods of time. One could argue that it’s the supreme inflation hedge—no doubt a major motivator for the smart money to pursue it.