Freshwater
Land access and the operational platform: fencing for each hectare, machinery access, plantation operations, employment and HR responsibilities, and the facilities needed for the crop.
The participation
Different contributions. Equal treatment of every interest.
Tropical Plantations
Agreed kava seed stock and its agreed share of agricultural input and technical obligations. The two partners decide how to divide their combined delivery responsibilities.
Capital investor
The investor pool collectively commits VT 8 million (A$97,560.98) per hectare for shade and weed-control materials, clearing and planting, regular growing expenses and the harvest allowance, in exchange for a combined 50% of distributable harvest proceeds.
Between them, Freshwater and Tropical Plantations provide land, new pig-proof fencing, seedlings, supervision, security, water, bat-cave fertiliser, machinery access, crop care and quality control at their own expense. They settle the division of those responsibilities between themselves. No partner separately invoices the project.
Freshwater remains the employer and carries applicable employment, HR, payroll and industrial-relations obligations. No new legal entity is proposed; an economic participation does not confer ownership of Freshwater’s land or machinery.
Investor-funded programme
VT 8,000,000 (A$97,560.98) over 36 months
| When | Purpose | VT per hectare |
|---|---|---|
| Upfront | Shade structure and weed-control materials | 3,000,000 (A$36,585.37) |
| Upfront | Clearing and planting | 1,000,000 (A$12,195.12) |
| Monthly, 36 months | Growing programme and approved routine cash expenses | 3,000,000 (A$36,585.37) |
| At harvest | Harvest and delivery allowance | 1,000,000 (A$12,195.12) |
| Total cash contribution | 8,000,000 (A$97,560.98) | |
The full investor pool contributes VT 4 million (A$48,780.49) upfront, VT 83,333.33 (A$1,016.26) for months 1–35 and VT 83,333.45 (A$1,016.26) for month 36, and VT 1 million (A$12,195.12) at harvest. These are agreed funding allocations, not an audited estimate of every wage or material expense. Any expenditure beyond the agreed cash programme requires express written agreement; it is not automatically another investor obligation.
Total cash programme
VT 8.00m
Upfront
VT 4.00m
Monthly payment (approx.)
VT 83,333.33
Harvest balloon
VT 1.00m
Interactive hectare calculator
Show me the numbers Per-hectare projections, participation selection and annual returns
Choose your contribution upfront or monthly to see your corresponding cash commitments, percentage of the hectare and simple average annual return. The full cash-investor pool collectively funds VT 8 million for a 50% harvest interest. Freshwater and Tropical Plantations each receive 25% of the harvest proceeds for their in-kind contributions.
Choose your participation — minimum VT 410,000 (A$5,000) upfront
Select either a minimum upfront amount of VT 410,000 (A$5,000), increasing in VT 82,000 (A$1,000) steps, or a monthly amount starting at the corresponding minimum, then increasing in VT 8,200 (A$100) steps. The other amount, harvest balloon and participation percentage calculate automatically. The final monthly instalment adjusts for rounding, ensuring that all 36 instalments total the exact commitment. Amounts are illustrated at VT 82 per A$1; actual payment conversion is subject to the agreed exchange-rate method.
Projected crop sales
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Distributable proceeds
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Your projected net cash gain
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Your simple annual return
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Accounting clarification:
The VT 8 million subscribed by investors funds expenditure
before
harvest. It must not be deducted again from crop-sale cash when calculating distributions. The calculator distributes crop-sale receipts
plus any unspent project cash, less unpaid liabilities
It separately shows your proportional cash outlay, percentage interest, resulting net cash gain and simple annual average return. There is no priority repayment of cash or of in-kind contributions.
For comparison only, the underlying economic surplus is sales less the VT 8 million committed programme (and any genuinely additional liabilities), but that is not the same thing as the cash available for distribution. All illustrations assume sale proceeds are received, and exclude unmodelled taxes, fees or extraordinary liabilities.
Simple administration
Freshwater manages it. Everyone can see the books.
Freshwater Holdings Limited conducts the project within its existing company: it arranges plantation work, manages employees and suppliers, receives and pays project money, and keeps the books. There is no separate company or project entity .
Freshwater maintains a dedicated bank account in its own name for the project, together with a separate ledger for each hectare. Project participants may inspect the ledger, contributions, bank reconciliations, invoices, payroll totals and crop-sales records, subject to reasonable privacy protections for workers. An independent bookkeeper may periodically reconcile the project accounts and provides their findings to all participants.
After harvest and collection of proceeds, Freshwater pays outstanding project liabilities, verifies unspent cash and distributes the balance 25% Freshwater, 25% Tropical Plantations, 50% to the investor pool . No party receives a preferential return of its original contribution.
The commercial essentials
The partners jointly undertake to provide the agreed inputs and services for the 36-month crop cycle. The allocation between them is their own business, but the scope and performance obligations owed to the project must be documented.
Investors collectively commit to the VT 8 million programme in return for a combined 50% participation interest; individual interests are proportional to each investor’s subscribed funding. Additional capital calls are not automatic. If project funds prove insufficient, the participants must agree how the shortfall is handled.
No participant receives interest, a separate management profit override or an automatic reimbursement of its contributions. After payment of liabilities, available proceeds are distributed strictly in proportion to participation.
The signed agreements establish the parties’ exact legal names, land/crop rights, partners’ responsibilities, sale arrangements, investor record-access procedures and consequences of crop failure or delay. Forney Enterprises remains a potential buyer, not a guaranteed purchaser.
Frequently asked questions
What exactly does Freshwater do?
Freshwater manages the project through its existing company and carries the employer, industrial-relations and HR responsibilities. It contributes land access, the new pig-proof fencing and its agreed farming and management resources. Freshwater and Tropical Plantations determine between themselves who provides other promised resources.
What does Tropical Plantations contribute?
The agreed seed stock, together with whatever agricultural responsibilities it and Freshwater allocate between themselves. Together the two undertake to provide seed, fencing, supervision, security, fertiliser, water and quality control without charging those items again to the investor-funded programme.
Who handles the money?
Freshwater maintains a project-dedicated bank account in its own legal name, keeps a separate ledger for every hectare and makes records available to all participants. An independent bookkeeper may periodically reconcile and review those records.
Do investors get their VT 8 million back first?
No. There is no preferential repayment of any participant’s cash, goods or services. The crop proceeds and any unspent project funds, less unpaid liabilities, are distributed according to the 25% / 25% / 50% participation interests.
What if the harvest is poor?
Sale proceeds and therefore distributions fall. Investors risk some or all their cash subscriptions; we risk the goods, services and use of resources contributed. No fixed return is promised.
What does the investor contribute and receive?
The full cash-investor pool contributes VT 4 million (A$48,780.49) upfront, VT 3 million (A$36,585.37) through monthly payments and VT 1 million (A$12,195.12) at harvest. You can subscribe to part or all of that pool: your upfront, monthly and balloon amounts scale together, and your project interest is your fraction of the investor pool multiplied by 50%. No preferential repayment applies.
What does the annual percentage return mean?
Simple average annual cash return equals (your projected distribution minus your total subscribed capital) divided by your subscribed capital, divided by three years, expressed as a percentage. Because funding is staged, this is not an internal rate of return (IRR), compound annual return, or guaranteed yield.
Are fencing, seed, water and fertiliser charged to investors?
No, they are part of the founders’ agreed contribution. Shade and weed-control materials, clearing and planting, the VT 3 million growing allowance and VT 1 million harvest allowance are part of the cash programme.
Are the expected yields and buyer price assured?
No. The calculator starts with 5,000 planting positions per hectare, 85% harvest-ready, 10 kg per ready plant and VT 1,000/kg. Actual yields, grade, buyer acceptance, price, timing and costs are uncertain.