Waikato Culture Park Limited - Wholesale Investors

By Waikato Culture Park Limited

PledgeMe.Investment

Tourism,

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0 people pledged


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NZ $500,000 minimum target


Min

NZ$500,000

Max

NZ$3,000,000

0 0% 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 Limited - Wholesale Investors

This campaign page is for wholesale investors (please find the definition below).

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

Definition of Wholesale Investor

A wholesale investor can be defined as people who meets any one of these 5 criterion:

  1.  are an investment business, in that their principal business involves investing in financial products, acting as an underwriter, providing financial advisory services, providing broking services or trading financial products;
  2. have, during the previous two year period, owned a portfolio of, or carried out transactions to acquire financial products of a value of at least $1 million;
  3. have, in the previous two years, materially participated in the investment decisions made by an investment business;
  4. have, or any entities controlled by them, have, as at the last day of the two most recently completed financial years, net assets or total consolidated turnover exceeding $5 million;
  5. are "eligible investors", and have certified that they have previous experience in acquiring or disposing of financial products that allows them to assess:
  • the merits of the transaction;
  • their own information needs in relation to the transaction;
  • the adequacy of the information provided, that they understand the consequences of so certifying, and the grounds for this certification; or
  • an authorised financial adviser, a chartered accountant, or a lawyer signs a written confirmation of the certification. 

 

 

$1 per share - $500 Minimum Pledge

If you are considering an impact investment to benefit communities across the Nation, then this investment is for you.

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.

 

 

 

 

 

 

 

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

Hey! Thanks for checking out this project.

We haven't made any updates yet, follow us if you want to be notified when we do.

Details

Offer Details

Current Valuation 25,658,757
Raise Minimum 500,000
Raise Maximum 3,000,000
Share Price 1.00
Minimum Pledge 500.00
Maximum Shares Offered 3,000,000
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:

Company Number: 0

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 http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
B. Awhitu Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
S. Karena Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
J. Nonoa Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
L. Nonoa Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

Questions

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Pledgers

Followers

Followers of Waikato Culture Park Limited - Wholesale Investors

Waikato Culture Park Limited - Wholesale Investors

This campaign page is for wholesale investors (please find the definition below).

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

Definition of Wholesale Investor

A wholesale investor can be defined as people who meets any one of these 5 criterion:

  1.  are an investment business, in that their principal business involves investing in financial products, acting as an underwriter, providing financial advisory services, providing broking services or trading financial products;
  2. have, during the previous two year period, owned a portfolio of, or carried out transactions to acquire financial products of a value of at least $1 million;
  3. have, in the previous two years, materially participated in the investment decisions made by an investment business;
  4. have, or any entities controlled by them, have, as at the last day of the two most recently completed financial years, net assets or total consolidated turnover exceeding $5 million;
  5. are "eligible investors", and have certified that they have previous experience in acquiring or disposing of financial products that allows them to assess:
  • the merits of the transaction;
  • their own information needs in relation to the transaction;
  • the adequacy of the information provided, that they understand the consequences of so certifying, and the grounds for this certification; or
  • an authorised financial adviser, a chartered accountant, or a lawyer signs a written confirmation of the certification. 

 

 

$1 per share - $500 Minimum Pledge

If you are considering an impact investment to benefit communities across the Nation, then this investment is for you.

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.

 

 

 

 

 

 

 

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.  

Hey! Thanks for checking out this project.

We haven't made any updates yet, follow us if you want to be notified when we do.

Offer Details

Current Valuation 25,658,757
Raise Minimum 500,000
Raise Maximum 3,000,000
Share Price 1.00
Minimum Pledge 500.00
Maximum Shares Offered 3,000,000
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:

Company Number: 0

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 http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
B. Awhitu Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
S. Karena Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
J. Nonoa Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
L. Nonoa Director http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

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Followers of Waikato Culture Park Limited - Wholesale Investors

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 Limited - Wholesale Investors, you can sign up to be notified when a new equity campaign from this company is published.

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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.