1. African GREEN Developments (Pty) Ltd.
presents AGD Sustainable Farm, Healthcare & Skills Development Center Midrand, South Africa
January, 2014
Confidential

2. AGD Sustainable Farm, Healthcare & Skills Development Center
Located on 15 hectares of abandon farmland in Midrand, South Africa, we’ve developed the world’s first, zero-carbon footprint, food production/skills development/healthcare center:
Healthcare treatment center (agreement currently under negotiation)
12 full-time health care personnel & videoconferencing facilities to serve over 100 patients/day
Providing a wide array of healthcare services free of charge
Powered by 100% renewable energy
On-site Solar PV & Waste-to-Energy power generation
Nearly 4.5 MW of power
Offset equivalent of 860k tons/yr of CO2, with market value of nearly $130 million
Collecting/avoiding use of 1.3 million cubic meters of freshwater/yr
Commercial-scale organic food & feed production
12.6 hectares of climate-controlled, greenhouse growth area
Over 15,000 tons/yr food & animal feed production
Over $40 million in revenues/yr
Employing180 managers, skilled & unskilled workers
Education/Skills development
Offering free of charge, hands-on education/skill development to 150 students per session
16 full-time instructors/staff serving 600 students/yr
Fully furnished, on-campus living accommodations
Confidential

3. AGD Sustainable Farm
Our 15 hectare zero-waste, working farm combines some of today’s most advanced organic food production technologies inside an array of climate- controlled greenhouses using low-cost LED for 24/7 growing.
Confidential

4. Hydroponic Vegetables Hydroponic Fruits & Herbs
AGD Sustainable Farm
Preliminary Design
Algae Ponds
(~2.7 hectares)
Rainwater Storage Tanks
Algae/
Aquaponic Nursery
Algae Harvesting & Processing
Food
Processing
Algae to Fish
Fish Tanks
(~2 hectares)
Shrimp Ponds
(~0.6 hectares)
Water Treatment
Water Treatment
Rainwater Storage Tanks
Hydroponic Vegetables
(~9.3 hectares)
Hydroponic Fruits & Herbs
(~0.8 hectares)
Nutrient Water
Fish wastewater
Shrimp wastewater
Nutrient Water
Confidential

5. AGD Healthcare & Skills Development Center Preliminary Design
Biodigester units
Biogas
Gas Turbine-Genset
Education Center/
Dorm Rooms
CO2 to Algae Ponds
 Nursery for hydroponic plant propagation,  shrimp & fish hatchery
Laboratory space and area for practical training of students
Visitors Center, Shop, Restaurant, kids playground
Healthcare
center
Parking area
Confidential

6. AGD Sustainable Farm Fresh Vegetables/Fruits/Herbs Seafood
Production: 9,200 tons/yr
Lettuce
Spinach
Tomatoes
Green/Red/Yellow Peppers
Zucchini/Baby Marrow/Brussel sprouts
Strawberries
Raspberries
Blueberries
Edible Sprouts
Herbs
Sales revenues: $33.2 million/yr
Seafood
Production: 435 tons/yr
Nile Tilapia
Red Tilapia
Shrimp/Prawns
Sales revenues: $ 2.8 million/yr
Confidential

7. AGD Sustainable Farm Livestock/Fish Feed
Production: 5,800 tons/yr
Barley Fodder
Algae Feedcakes
Sales revenues: $ 2.2 million/yr
Algae-derived Nutritional Supplements & Oils
Production: 200 tons/yr
Spirulina
Chlorella
High-Omega3
Low-Omega3
Sales revenues: $ 2.8 million/yr
Confidential

8. AGD Sustainable Farm Additional benefits: Confidential
Maximum Productivity
Produces 5X the food volume per square meter of the world’s most fertile soil
Minimal Water Footprint
Rainwater harvesting (50,000 cubic meter/yr) provides freshwater for all our growing operations
Jobs & Skill Development
Offering over 180 good paying full-time employment opportunities (20 managers & 160 workers), plus hands-on training for another 600 per year from our Skills Development Center
Fully Scalable
Our system requires no arable land & can be built across Africa
Environment
Offsets 1,650 tons/yr of CO2 & 40,000 tons/yr of Methane, with a market value of $130 million
Provides over 4 billion calories/year from food & 3.5 billion calories/year from animal feed for assisting food-aid organizations
Confidential

9. AGD Education/Skills Development Center
Our AGD Institute will be providing classes of 150 students with a free of charge, 3-month, hands- on skills development program
Low student-to-instructor ratio (10 students per instructor)
Focus will be on bringing students up to speed on everything it takes to run & manage an integrated zero-waste farming system
Aquaponic systems
Algae cultivation & processing
Renewable energy technologies
Adapting commercial-scale farming techniques & technologies to smaller-scale farms
Carbon offset programs
Healthcare training program
Business development training
Confidential

10. AGD Healthcare Center (agreement currently under negotiation)
Offering the local community & neighboring townships healthcare treatment rooms
Staffed by 12 professionally trained personnel
Providing 30,000+ treatments/yr
Healthcare skills development program as part of AGD’s Education Center
Confidential

11. AGD Healthcare Center
All Healthcare services & training provided free of charge through an innovative “Healthcare offset” funding mechanism, provided by Linkedcare & SonoPay.
LinkSono aggregates all doctors with same practice and creates Practice Calendars where remote consultations or competence transfer can be booked 1
...
...
General Practitioner
Cardiologist
Ophthalmologist
Doctors make their time available for linkSono
Local Doctors, Nurses or other medical support book consultations according to their need
3G networks and smartphones available in all of Africa (600m phones)
Doctors and patients can use LinkSono in Africa to bridge the gap
Doctors in Europe or US make time available free- of-charge to assist doctors and patients in Africa
OpenSono promote MobileEducation apps for smartphones in Africa
(c) Sonopay LLC & OpenSparkz LP Confidential - Draft - Not for distribution

12. AGD Visitors Center Confidential Daily Visitors
Providing 100+ adults & children with education enrichment on our operations, partner opportunities & living a sustainable way of life.
Staffed by AGD Skills Development Center students & community volunteers
Because the AGD Sustainable Farm is an ideal forum for illustrating real life science concepts, we have developed educational materials and make our systems available to schools, zoos, museums and other public venues. 
Some of these concepts include: the nitrogen cycle, the role of bacteria in ecology, water ecology, living systems, life cycles, the science of food production, and hydrodynamics
Confidential

13. Powered by 100% renewable energy
Utilize our waste products in our Advanced Waste-to-Energy system (4.5 MW)
Entire power generation system can be funded by CO2 & Methane remediation offset credits
Confidential

14. African Green Developments Strategic and Potential Partners
Neotel (agreement pending)
Sunil Joshi, Managing Director & CEO
OpenSono/SonoPay/LinkSono
Declan Conway, Founder & Chairman
Linkedcare
Hans-Erhard Reiter, Founder & CEO
Texas Agrilife Research Center/Mariculture Program, TAMU (agreement pending)
Dr. Addison Lawrence , Senior Faculty Fellow
Royal HaskoningsDHV
Erik Tshwele
Simon Lechtman
Terra Endeavors
Charles Abramson, Founder & CEO
Confidential

15. African Green Developments Senior Management Team
Leon-Valerie Eremin
Chairman & CEO
Charles Abramson, PhD
President
Pieter C Naudé
Director , Finances / Finzone
Blanche Mogorosi
Director, Renewable Energy
Diomede Nkurunziza
Director, Community Relations
Bellina Eremina
Director, Admin and HR
Lilian Mello
Chief Legal Council
Confidential

16. AGD Sustainable Farm Algae Cultivation
For high-value fish/livestock feed, nutrition supplements, oil rich in Omega3 & pigments
Confidential

17. AGD Sustainable Farm Shrimp Cultivation
Utilizing ‘Super-Intensive Shrimp Raceway Farming’ method
15-20 times the productivity per square meter of intensive shrimp farming
Confidential

18. AGD Sustainable Farm Aquaponics
Combines Aquaculture with Hydroponics inside a series of climate- controlled, LED lit, multi-span greenhouses
Produces 5X the vegetables/fruits/herbs than conventional farming with 5% of the water
Instead of having to rely on chemical nutrients for a hydroponic system, fish waste is biologically converted into nutrients the plants/fruits/herbs need to grow
Confidential

19. AGD Sustainable Farm, Healthcare & Skills Development Center
SYSTEM SIZE (sq meters)
150,000
ALGAE
Spirulina production (sq meters)
1,250
Chlorella production (sq meters)
Duckweed/Wild algae production (sq meters)
High lipid/Rapid growth algae production (sq meters)
22,797
Subtotal
26,547
AQUACULTURE
Nile Tilapia (sq meters)
10,310
Red Tilapia (sq meters)
Shrimp/Prawns (sq meters)
4,000
24,620
HYDROPONIC
Lettuce (sq meters)
14,850
Spinach (sq meters)
Tomatoes (sq meters)
11,138
Califlower/Broccoli/Brussel Sprouts (sq meters)
Green/Red/Yellow Peppers (sq meters)
Zucchini/Baby Marrow/Eggplant (sq meters)
Strawberries (sq meters)
2,784
Raspberries (sq meters)
Blueberries (sq meters)
Barley fodder (sq meters)
1,169
Sprouts (sq meters)
344
Herbs (sq meters)
98,965
RENEWABLE ENERGY
Biodigester plant (sq meters)
3,352
Gas Turbine/Power Generation (sq meters) 50
3,402
Food Processing Facility (sq meters)
200
Other facilities (sq meters)
20,886
Confidential

20. AGD Sustainable Farm, Healthcare & Skills Development Center
Managers
Workers
Combined
Commercial Farm 18
134
152
Skill Development Centers
Healthcare center 1 11 12
Visitors center -
Education center (1st stage) 8 9
Education center (2nd stage) 7
Subtotal 3 26 29
Total 21
160
181
Confidential

21. AGD Sustainable Farm, Healthcare & Skills Development Center
Functional Divisions 1
Algae 2
Aquaponics 3
Nursery 4
Food Processing/Packaging 5
Education center
Academic program
Dorms/Common Space 6
Healthcare center 7
Visitors center 8
Logistics/Supply Chain 9
Energy Generation/Distribution
Waste-to-Energy
Solar 10
Business Development 11 IT 12
Facilities Maintenance 13
Security 14
Human Resources 15
Legal 16
Community Relations
Confidential

22. SELLING PRICES (per kg)
AGD Sustainable Farm
ANNUAL
PRODUCTION (in kgs)
SELLING PRICES (per kg)
SALES REVENUES
HYDROPONICS
Lettuce
2,171,800
$2.50
$5,429,600
Spinach
1,104,800
$3.00
$3,314,300
Tomatoes
665,900
$1,664,900
Cauliflower/Broccoli/Brussels sprouts
$4.00
$2,663,800
Green/Red/Yellow Peppers
770,400
$4.50
$3,466,800
Zucchini/Baby Marrow/Eggplant
$3.50
$2,330,800
Strawberries
197,400
$493,600
Raspberries
125,200
$6.75
$845,400
Blueberries
$5.40
$676,300
Sprouts
1,655,800
$4,967,500
Herbs
1,095,300
$7,393,400
Sub-total
9,243,600
$33,246,400
AQUACULTURE
Nile Tilapia
158,500
$713,300
Red Tilapia
182,200
$820,000
Shrimp/Prawns
94,500
$13.50
$1,275,800
435,200
$2,809,100
ALGAE
Spirulina nutrition supplements
12,500
$35.00
$439,100
Chlorella nutrition supplements
10,300
$40.00
$410,600
Algae Oil (high in Omega3/EPA)
21,800
$27.50
$600,600
Algae Oil (low/no Omega3/EPA)
156,900
$8.50
$1,333,500
201,500
$2,783,800
Animal Feed
Fish/Livestock feed
247,900
$2.00
$495,800
Barley Fodder
5,579,400
$0.30
$1,673,800
5,827,300
$2,169,600
TOTAL
15,707,600
$41,008,900
Confidential

23. AGD Sustainable Farm, Healthcare & Skills Development Center
Sustainable Farm Operations
Total Revenues $41.0 million/yr
Cost of Goods Sold $22.2 million/yr
Gross Profit $18.8 million/yr
Net Profit $11.5 million/yr
Confidential

24. AGD Sustainable Farm, Healthcare & Skills Development Center
Debt Funds needed
Funds Needed By
Amount
Interest rate
Monthly Payments Begin
Amount Outstanding when Monthly Payments Begin
Monthly Payment Amount
Funds Fully Repaid
PHASE 0
11/11/2013
$1,250,000 9%
11/9/2015
$1,506,733
$43,741
11/5/2018
PHASE 1
5/5/2014
$5,600,000 7%
4/25/2016
$6,254,354
$181,999
4/22/2019
PHASE 2
3/2/2015
$600,000 5%
2/27/2017
$643,947
$18,028
2/24/2020
PHASE 3
1/4/2016 $0
1/1/2018
12/28/2020
PHASE 4
10/24/2016
11/19/2018
10/18/2021
Total Debt Needed
$7,450,000
$200,027
After initial investment, our activities are primarily internally funded (over $40 million)
Transfer funds across phases
Phase0
Phase1
Phase2
Phase3
$2,600,000
$6,000,000
$4,400,000
$6,100,000
$10,600,000 -
Phase4
$5,800,000
$8,400,000
$1,000,000
$550,000
Confidential

25. AGD Sustainable Farm Confidential $3.01 $30.58 $31.84 $7.76 $10.30
Cash Flow
per m2/yr
Animal Feed
Spirulina
Chlorella
Algae oil (high in Omega3/EPA)
Algae oil (low/no Omega3/EPA)
$3.01
$30.58
$31.84
$7.76
$10.30
Cash Flow
per m2/yr
Nile Tilapia
Red Tilapia
Shrimp/Prawns
Lettuce
Spinach
$19.33
$22.23
$48.27
$61.35
$39.11
Cash Flow
per m2/yr
Green/Red/Yellow Peppers
Barley Fodder
Sprouts
Herbs
Total
$22.40
$283.48
$4,606.90
$127.91
$46.88
Confidential

26. AGD Sustainable Farm, Healthcare & Skills Development Center
Discount rate
Facility’s Net Present Value
10%
$125,055,648
15%
$74,798,672
20%
$48,109,608
Confidential

27. AGD Sustainable Farm Confidential Direct Costs Unit All-in Costs
COMMERCIAL SALES
Direct Costs
Unit
All-in Costs
Selling Price
HYDROPONICS
Lettuce
$1.44
per kg
$2.35
$2.50
Spinach
$1.70
$2.80
$3.00
Tomatoes
$2.32
Cauliflower/Broccoli/Brussels sprouts
$2.68
$4.00
Green/Red/Yellow Peppers
$3.10
$4.60
$4.50
Zucchini/Baby Marrow/Eggplant
$2.37
$3.52
$3.50
Strawberries
$2.33
Raspberries
$4.41
$6.68
$6.75
Blueberries
$3.57
$5.37
$5.40
Barley Fodder
$0.17
$0.29
$0.30
Sprouts
$0.62
$1.19
Herbs
$3.61
$6.14
AQUACULTURE
Nile Tilapia
$1.75
$3.63
Red Tilapia
Shrimp/Prawns
$6.37
$14.96
$13.50
ALGAE
Fish/Livestock feed
$1.01
$2.06
$2.00
Spirulina nutrition supplements
$20.37
$40.83
$35.00
Chlorella nutrition supplements
$22.60
$46.76
$40.00
Algae Oil (high in Omega3/EPA)
$18.01
$31.32
$27.50
Algae Oil (low/no Omega3/EPA)
$8.50
Confidential

28. AGD Sustainable Farm Confidential
PROJECT’S TOTAL OFFSET FUNDING POTENTIAL
Completion Date
12/9/2013
9/29/2014
7/27/2015
5/30/2016
3/20/2017
Phase0
Phase0EASAP
Phase1
Phase2
Phase3
Phase4
Total
CO2 offsets
tons/yr
400
18,300
162,200
323,700
363,400
868,000
$15.00
per ton 10
yrs $0
$50,000
$2,740,000
$24,330,000
$48,550,000
$54,510,000
$130,180,000
Water offsets
m3's of freshwater/yr
89,200
297,500
186,700
307,800
367,300
373,400
1,621,900
$5.00
per m3 of freshwater
$4,460,000
$14,870,000
$9,340,000
$15,390,000
$18,370,000
$18,670,000
$81,100,000
Calorie offsets
Food calorie units/yr
50,400
278,600
444,600
598,800
635,700
2,008,100
Feed calorie units/yr
172,600
1,726,000
258,900
434,400
598,400
622,500
3,812,800
per 1,000 Food kcals
$2,520,000
$13,930,000
$22,230,000
$29,940,000
$31,780,000
$100,400,000
$1.00
per 1,000 Feed kcals
$1,730,000
$17,260,000
$2,590,000
$4,340,000
$5,980,000
$6,220,000
$38,120,000
Arable Land offsets
Arable Land offset
1,038
3,460
2,019
3,425
4,107
4,176
18,226
$10.00
per ha of arable land
$100,000
$350,000
$200,000
$340,000
$410,000
$420,000
$1,820,000
Yrs
Total Offset Value
$8,810,000
$32,530,000
$28,800,000
$66,630,000
$103,250,000
$111,600,000
$351,620,000
Confidential