Waikato Culture Park

By Waikato Culture Park Limited

PledgeMe.Investment

Tourism,



NZ $11,500 pledged


18 people pledged


Closed


NZ $500,000 minimum target


Min

NZ$500,000

Max

NZ$2,000,000

2 2% Complete

Pledges will only be confirmed if the target is reached by: 31/05/2021 at 12:00 PM (NZST)

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About

Waikato Culture Park

$1 per share - $500 minimum pledge 

We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.

The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location. 

Our company is the Waikato Culture Park Limited. We are an impact and culturally-lead Profit-for-Purpose Social Enterprise.

Our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation and includes goals to create 220 full-time jobs, 30 Apprenticeships, to build New Zealand's largest planned ground mounted Solar Farm, to acheive a Zero-Carbon Footprint.

If you're not a retail investor and arrived on this campaign page unintentionally please go to the wholesale-investor page here

 

 

 

 

 

 

 

 

About our Team

 

 

 

 

What we've done so far

 

 

 

 

 

 

 

What's next?

 

 

 

Risks and Challenges

 

 

A note from PledgeMe

We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. Directors Jordan Nonoa and Landy Nonoa have been noted to have defaults. There were no other adverse findings.  

Updates 5

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    Details

    Offer Details

    Current Valuation 25,658,757
    Raise Minimum 500,000
    Raise Maximum 2,000,000
    Share Price 1.00
    Minimum Pledge 500.00
    Maximum Shares Offered 2,000,000
    Explanation of valuation:

    The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:

    Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
    Plant: Stage 1, 2 and 3 buildings - $20,910,522
    Equipment: $757,234

    and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).

    Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.

    Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.

    Financial Summary

    Prev Year Current Year Est. FY 2023 Est. FY 2024
    Revenue NZ $86 NZ $10,000,009 NZ $29,972,920 NZ $40,549,987
    Operating Expenses NZ $21,882 NZ $3,026,931 NZ $6,620,372 NZ $5,524,184
    EBITDA NZ $0 NZ $2,613,679 NZ $9,567,298 NZ $18,022,994
    Net Profit -NZ $22,091 NZ $1,704,802 NZ $6,401,462 NZ $12,360,617

    Company Details

    Company Name: Waikato Culture Park Limited

    Company Number: 7565397

    Company Documents

    Documents no longer available to download, as this campaign has closed

    Director Details

    Name Role Profile URL Invested?
    A.D.N Bush Director, CEO https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
    B. Awhitu Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
    S. Karena Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
    J. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
    L. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

    Questions

    Ask a Question (You must login to ask a question)

    Pledgers 18

    Richard Mudge
    2021-05-13 17:20:12 +1200
    Vaine Glassie
    2021-05-08 12:50:44 +1200
    Jared Waipouri
    2021-05-07 09:56:03 +1200
    Dougal Mair
    2021-05-07 08:44:44 +1200

    "I can invest a lot more (I'm a wholesale investor), but I would need greater perks or more surety of sufficient return on investment."

    Iris McCready
    2021-05-07 08:22:14 +1200

    "Fakaalofa lahi atu 😍"

    Karina Taopua
    2021-05-05 16:38:31 +1200

    "True creative indigenous expression, that will be impactive to society, as one displays their cultural identity freely. Tu Tangata"

    Deborah Tekahurere Bush
    2021-05-04 10:57:31 +1200
    Jacky Laverty
    2021-05-01 09:45:56 +1200

    "Great idea. Have you thought about getting in touch with TePuniKokeri to access their provincial growth fund? Could get you over the line. "

    Rista Theron
    2021-04-29 15:57:08 +1200
    michal
    2021-04-27 17:26:13 +1200
    Raewynne (Rj) Murfitt
    2021-04-22 17:15:55 +1200
    Tony Meyer
    2021-04-22 15:00:00 +1200
    Trevor William Simmonds
    2021-04-22 10:38:13 +1200
    Claire McGowanPledgeMe Staff
    2021-04-17 20:33:12 +1200
    Danae Paul
    2021-04-17 17:33:35 +1200

    "I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"

    Jordan Nonoa
    2021-04-17 16:18:09 +1200

    "Can't wait to see it all in action! "

    Siapu Tyrell
    2021-04-17 16:03:39 +1200

    "I am absoloutely excited to finally invest my money in something that will benefit the community! "

    Tava Tyrell
    2021-04-17 15:48:15 +1200

    Waikato Culture Park

    $1 per share - $500 minimum pledge 

    We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.

    The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location. 

    Our company is the Waikato Culture Park Limited. We are an impact and culturally-lead Profit-for-Purpose Social Enterprise.

    Our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation and includes goals to create 220 full-time jobs, 30 Apprenticeships, to build New Zealand's largest planned ground mounted Solar Farm, to acheive a Zero-Carbon Footprint.

    If you're not a retail investor and arrived on this campaign page unintentionally please go to the wholesale-investor page here

     

     

     

     

     

     

     

     

    About our Team

     

     

     

     

    What we've done so far

     

     

     

     

     

     

     

    What's next?

     

     

     

    Risks and Challenges

     

     

    A note from PledgeMe

    We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. Directors Jordan Nonoa and Landy Nonoa have been noted to have defaults. There were no other adverse findings.  

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

    You need to pledge to see this update.

      Offer Details

      Current Valuation 25,658,757
      Raise Minimum 500,000
      Raise Maximum 2,000,000
      Share Price 1.00
      Minimum Pledge 500.00
      Maximum Shares Offered 2,000,000
      Explanation of valuation:

      The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:

      Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
      Plant: Stage 1, 2 and 3 buildings - $20,910,522
      Equipment: $757,234

      and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).

      Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.

      Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.

      Financial Summary

      Prev Year Current Year Est. FY 2023 Est. FY 2024
      Revenue NZ $86 NZ $10,000,009 NZ $29,972,920 NZ $40,549,987
      Operating Expenses NZ $21,882 NZ $3,026,931 NZ $6,620,372 NZ $5,524,184
      EBITDA NZ $0 NZ $2,613,679 NZ $9,567,298 NZ $18,022,994
      Net Profit -NZ $22,091 NZ $1,704,802 NZ $6,401,462 NZ $12,360,617

      Company Details

      Company Name: Waikato Culture Park Limited

      Company Number: 7565397

      Company Documents

      Documents no longer available to download, as this campaign has closed

      Director Details

      Name Role Profile URL Invested?
      A.D.N Bush Director, CEO https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
      B. Awhitu Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
      S. Karena Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
      J. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
      L. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

      Ask a Question (You must login to ask a question)

      Richard Mudge
      2021-05-13 17:20:12 +1200
      Vaine Glassie
      2021-05-08 12:50:44 +1200
      Jared Waipouri
      2021-05-07 09:56:03 +1200
      Dougal Mair
      2021-05-07 08:44:44 +1200

      "I can invest a lot more (I'm a wholesale investor), but I would need greater perks or more surety of sufficient return on investment."

      Iris McCready
      2021-05-07 08:22:14 +1200

      "Fakaalofa lahi atu 😍"

      Karina Taopua
      2021-05-05 16:38:31 +1200

      "True creative indigenous expression, that will be impactive to society, as one displays their cultural identity freely. Tu Tangata"

      Deborah Tekahurere Bush
      2021-05-04 10:57:31 +1200
      Jacky Laverty
      2021-05-01 09:45:56 +1200

      "Great idea. Have you thought about getting in touch with TePuniKokeri to access their provincial growth fund? Could get you over the line. "

      Rista Theron
      2021-04-29 15:57:08 +1200
      michal
      2021-04-27 17:26:13 +1200
      Raewynne (Rj) Murfitt
      2021-04-22 17:15:55 +1200
      Tony Meyer
      2021-04-22 15:00:00 +1200
      Trevor William Simmonds
      2021-04-22 10:38:13 +1200
      Claire McGowanPledgeMe Staff
      2021-04-17 20:33:12 +1200
      Danae Paul
      2021-04-17 17:33:35 +1200

      "I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"

      Jordan Nonoa
      2021-04-17 16:18:09 +1200

      "Can't wait to see it all in action! "

      Siapu Tyrell
      2021-04-17 16:03:39 +1200

      "I am absoloutely excited to finally invest my money in something that will benefit the community! "

      Tava Tyrell
      2021-04-17 15:48:15 +1200
      This campaign was unsuccessful and finished on 31/05/2021 at 12:00 PM.

      This campaign has closed, but this company may choose to do more equity raises on PledgeMe in the future. If you're interested in investing in Waikato Culture Park , you can sign up to be notified when a new equity campaign from this company is published.

      Notify Me

      Investor Perks

      VIP Annual Pass & Invite To Grand Opening Party

      NZ $500.00+

      Individual investors will receive: A VIP Annual Pass to provide you admission to the Park for every year that you retain your shareholding, and a VIP invite to the Grand Opening Party for each opening stage of the four stages of the Park's development.

      Warning statement about equity crowdfunding

      Equity crowdfunding is risky.

      Issuers using this facility include new or rapidly growing ventures. Investment in these types of business is very speculative and carries high risks.

      You may lose your entire investment, and must be in a position to bear this risk without undue hardship.

      New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.

      The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.

      Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.