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Innovative Solutions for today’s Fish Sourcing Needs

- Sustainable Mariculture Ventures -. “Aquaco Farms will provide a sustainable, high quality, highly desirable , U.S.-sourced Florida Pompano to the consumer market” Joe Cardenas, CEO Aquaco Farms. Innovative Solutions for today’s Fish Sourcing Needs. - Sustainable Mariculture Ventures -.

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Innovative Solutions for today’s Fish Sourcing Needs

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  1. - Sustainable Mariculture Ventures - “Aquaco Farms will provide a sustainable, high quality, highly desirable, U.S.-sourced Florida Pompano to the consumer market” Joe Cardenas, CEO Aquaco Farms Innovative Solutions for today’s Fish Sourcing Needs

  2. - Sustainable Mariculture Ventures - Team: Recent Awards: • 2016 South Florida Startup of the Year – Comcast Business • 2016 Finalist for Startup Palm Beach Crowdfunding and Cocktails • 2016 FAU Tech Runway Launch Competition Finalist

  3. - Sustainable Mariculture Ventures -

  4. - Sustainable Mariculture Ventures -

  5. Problems in the US today... We in the US import 86% of our seafood even though we control more ocean territory than any other Country. - Sustainable Mariculture Ventures - 86 % US Seafood Imports Fraud Plagues Fish Sourcing 33% of all seafood sold in the US is mislabeled and sold as a higher-grade fish.

  6. - Sustainable Mariculture Ventures - Recent Press:

  7. The Aquaco Farms Solution The only Florida Pompano grow-out facility in the US and one of the largest in the world Provide a sustainable, high quality, highly sought after and easily verifiable fish product Delivery time of 2.5 hours to in-state targets and out of state delivery via air freight Zero impact to our wild populations - Sustainable Mariculture Ventures -

  8. - Sustainable Mariculture Ventures - Why The Florida Pompano?

  9. - Sustainable Mariculture Ventures - Chef Rick Mase, Cafe Boulud in Palm Beach "Nobody should call their trip to our State complete without first trying Pompano" Chef Gonzalo Rivera, Boca Beach Club "The quality of the fish up there with Mahi and Snapper. Conservatively, we sell 800-900 orders of Pompano a month when its available" Chef Joey Giannuzzi, Farmers Table, Boca Raton "We look forward to your first harvest! It is so difficult to put on a menu now with the restrictions placed on wild caught Pompano..."

  10. - Sustainable Mariculture Ventures - Markets for Florida Pompano...

  11. Revenue Aquaco cost is $3.57 per lb versus initial sale price of $7 to $7.50 Plan calls to produce between 80,000 – 90,000 units per month Net Profit: $3.2 million in Year 1 of full operations Revenue: $8.65 million Additional revenue source: sale of fish waste, pond culture/lease, Hatchery sales Initial net margin of 41 percent with room for efficiency improvements and sale price escalation - Sustainable Mariculture Ventures - 41 % NET MARGIN

  12. - Sustainable Mariculture Ventures - * Series A post-money valuation: $6.5mm * Series A Raise: $4mm * Funds through 18 months and presents working scalable site ready for increasing grow out operations * Series A preferred dist. of 12% paid out 80%-20% post revenue vs. common shares

  13. - Sustainable Mariculture Ventures - Thank you for your consideration towards this project. Joe Cardenas Founder/CEO 561 866-7092 joe@aquacofarms.com www.aquacofarms.com

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