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Section 11
2017 Capital Improvement, Acquisition and Equity Review
Summary
Assuming GIC to be a SEC Registered Public Company and trading on the OTC Board on or
before January 15, 2017.
We will start raising new equity with a goal of raising no less than forty million dollars in
2017 and by December 31, 2021 we will have raised one hundred and ninety-five million
dollars.
Pending evaluation we are proposing GIC as we know it today to become a wholly owned
subsidiary of the new SEC Registered Public Company.
Other Income:
• Assuming PHT is a wholly owned subsidiary of GIC we are forecasting no revenue
from PHT.
o Sidebar 1: 2017 will be treated as a start-up year.
• We are forecasting $60,000 in earnings from Merrill Western of which GIC is a 50%
owner.
• We are forecasting zero income from Growers Street Cooling.
o Sidebar #2: Our goal is to use 2017 as a close down year for (GSC).
• We are forecasting $79,603 in revenue income from Growers Custom Equipment of
which GIC is 50% owner.
New Equity: Our plan is based on raising $40,000,000 in new capital for GIC in 2017
from the general public, investment banking, and private equity.
Use of funds and capital projects:
• $6,000,000 will be used for demolition of 100,000 sq. ft. of Salinas’s facility.
• $10,000,000 will be used to invest in PHT or acquire a manufacturing company with
the capability of manufacturing equipment not only for the Ag industry but for the
concrete construction industry and other industries that have a need for ice
injectors and related equipment
• $20,000,000 plus stock will be used to acquire no less than 100,000 sq. ft. of cooler
space in Yuma, Arizona.
• $1,550,000 will be used to upgrade our mobile fleet.
Prepared for Growers Ice Company, Inc.
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Jim White, PhD --- JL White International

