PrimeStox Ltd and Coinvestors successfully raised £25,000 to fund the purchase of kilos 2155 days ago. Check back soon for updates.
Vanilla Co-investment Two
Following our successful funding of 50kg of Vanilla, PrimeStox is proud to present Part Two of our offer. You too can fund the import of vanilla and profit.
Vanilla Planifolia, cured for 4 months, Gourmet Quality 14-18cm
repaid
Paid back in full on
1 Feb 18
On time
Offer Details
NOW
Already funded!
Earn
12.7%
In 6 months
EquivAlent to
27%
per year
One month ago PrimeStox successfully funded the first 50kg of its offer to import 100kg of vanilla which PrimeStox has commissioned in Comoros. We now bring you the opportunity to fund the second 50kg.
Comorean vanilla is sometimes considered even better than Madagascan. The first 60kg is now ready in Comoros and selling conditions in the UK are optimal. The plan remains the same: import and sell to top UK bakeries and restaurants. All indications from large buyers surveyed are positive.
£25,000 is being raised in this campaign and PrimeStox is investing £5,000. By buying in bulk PrimeStox expects to obtain a wholesale price.
At the end of 6 months you will earn a return of 12.7% (27% annual equivalent). While you wait for repayment your investment will be asset backed.
One month ago PrimeStox successfully funded the first 50kg of its offer to import 100kg of vanilla which PrimeStox has commissioned in Comoros. We now bring you the opportunity to fund the second 50kg.
Comorean vanilla is sometimes considered even better than Madagascan. The first 60kg is now ready in Comoros and selling conditions in the UK are optimal. The plan remains the same: import and sell to top UK bakeries and restaurants. All indications from large buyers surveyed are positive.
£25,000 is being raised in this campaign and PrimeStox is investing £5,000. By buying in bulk PrimeStox expects to obtain a wholesale price.
At the end of 6 months you will earn a return of 12.7% (27% annual equivalent). While you wait for repayment your investment will be asset backed.
Offer Details
NOW
Already funded!
Earn
12.7%
In 6 months
EquivAlent to
27%
per year
-
what's being imported?
Premium Gourmet Vanilla, 50kg (Rare), 2017 harvest
50000 kilos funded by 32 backers
EARN OVER 12.7%FUNDED£25,000- All of 14-18cm length
- Laboratory certified:
2% vanillin, 25-30% moisture - First quality in the world
-
The Proposal
PrimeStox will purchase 100kg of first quality vanilla between June and September 2017.
This offer is to raise funds for the second 50kg. £25,000 is being raised.
60kg is ready in Comoros and a sample has been sent to PrimeStox and a final price will be set. The indications are that the quality is first rate. Funds from this offer and the previous offer will be used to make the purchase.
PrimeStox is investing £5,000 of its own funds in the current offer. PrimeStox expects to buy the remaining 40kg at the same time or just after the first 60kg.
In the UK the vanilla will be stored in a certified organic warehouse and repacked in tins and tubes bearing the PrimeStox logo.
PrimeStox will sell directly to trade buyers including top restaurants and bakeries. Many are unable to source quality vanilla today. A single bakery can buy 10kg if the quality is right.
The current market price for first quality vanilla is £600-700/kg in London and the 18cm variety (premium gourmet) is considered unobtainable, warranting an even higher price.
Investors will own the product - the second most valuable spice in the world after saffron - as security until they are repaid. Vanilla has a shelf life of 2 years minimum.
ProductBlack, cured, premium gourmet vanilla podsCountry of OriginComoros IslandsAmount Bought£25,000 - approx 50kgDuration6 monthsRepayment date1st Feb 2018Profit Offered12.7% absolute, 27% annualSecurityFull shipment of vanilla (approx 50kg)MarketplacePremium UK bakeries, restaurants and health shops
The Producers
Aboubakar Abdoulwahab
President of the National Vanilla Office, Comoros
"Comorean vanilla commands a premium on the international market. Ours is one of the only 100% natural vanillas left on the market today. We are free from all additives and mass production techniques."
Aboubakar Abdoulwahab
President of the National Vanilla Office, Comoros
"Comorean vanilla commands a premium on the international market. Ours is one of the only 100% natural vanillas left on the market today. We are free from all additives and mass production techniques."
Since PrimeStox brought its first Vanilla Offer the outlook for prices has strengthened even further. A customs strike in Madagascar is causing disruption. Madagascar produces 90% of the world's vanilla.
On 10th July it was announced that the strike was resolved but local reports indicate only half of customs officials are working. The dispute may last for months. Several UK importers have had to substitute with small quantities of lower-grade product because they could not buy Madagascan.
This comes on top of many other long-term factors leading to higher vanilla prices than many have expected.
PrimeStox commissioned 100kg of high grade Comorean vanilla in early June this year. We are now ready to complete the purchase in the next weeks.
Samples are coming to the UK and will be analysed in a laboratory before final payment is made. The product will also be checked for consistency by local PrimeStox representatives before it is exported.
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