EcoPlanet Bamboo Investments

EcoPlanet Bamboo investment into bamboo plantations - Nicaragua, South Africa and Ghana. EcoPlanet Bamboo is the world's largest owner of commercial bamboo farms. Troy Wiseman, EcoPlanet Bamboo CEO is a serial entrepreneur with a heart for people. Camille Rebelo, EcoPlanet Bamboo co-founder is a global bamboo expert. EcoPlanet Bamboo manufactures bamboo products under sustainable technology solutions. EcoPlanet Bamboo investments are triple bottom line and all plantations are deforestation free. - Troy Wiseman EcoPlanet Bamboo CEO
THE BAMBOO BOND WAS BACKED BY RIO KAMA - A 2,300 ACRE CERTIFIED BAMBOO PLANTATION IN NICARAGUA, UNTIL BONDHOLDERS VOTED TO SELL THE PLANTATION 
2012 - 2013

 

Prior to the bondholders voting to sell the bond on October 2013, all 285 bond holders received interest payments on time:

Bond Type 1: $50,000 - 11.0%

Bond Type 2: $27,500 - 10.0%

Bond Type 3: $16,500 - 8.34%

These payments were carried out exactly as per the terms of the bond agreements.

Bamboozled Bamboo Investment EcoPlanet Bamboo

2013 - 2014

 

In 2013 EcoPlanet Bamboo received a purchase offer for the Rio Kama plantation. Bondholders were provided the terms of this offer and requested to vote. Sale of the plantation and the associated bamboo bond required a 75% majority.

  • Approval of sale: 282 votes - 98.9%

  • Disapproval of sale: 1 vote - 0.4%

  • No reply: 2 votes or 0.7%

As a result of this vote the Rio Kama plantation was sold to the Eco Resources Fund and the Bamboo Bond dissolved.

The 150 bondholders who voted for early payouts redeemed their ERF Shares for cash, making total interest payments over the total 3 year period of up to 21%.

The remaining 135 individuals who voted to retain their shares instead of taking a payout continue to hold 6.48 million shares in the ERF Fund.

EcoPlanet Bamboo has no ownership, management or control over this Fund. Bamboo Investments

2015 - 2016