Bitcoin for surfers!
If the next few years fall into place in the manner suggested in the PR literature for the various wave pool companies, there’ll be giant surf parks festooned with yoga bars, golfing greens and juice rooms on every available square of land, and on every continent.
The newest lizard at the truck stop is Surf Lakes, whose name is now prefixed with 5 Waves. You’ll remember the hoo-ha last month when a sturdy contingent of WQS-level Australian pro surfers and the former world champ Joel Parkinson flew to North Queensland to test the full-sized prototype of the Occy and Barton Lynch-endorsed wave pool.
Now, according to literature sent to potential investors, despite the breakdown,
Surf Lakes have made tremendous progress in Australia and globally, the share price has doubled and is set to increase much further in value.
Surf Lakes is already earning revenues and on track to earn millions more.
4 to 6 projects could give Surf Lakes a project pipeline of over AUD 80 million, which will in turn drive the company’s value and share price. Also, There are at least 10 other projects which aren’t far behind (plus over 100 more licensee enquiries that are being worked through).
Now let’s examine its six, likely-to-be-built-shortly, parks.
Want a piece of the action before the shares double again?
Minimum investment is AUD 100k for 500,000 shares. Investors within Australia must qualify as Sophisticated, Wholesale or Professional.
Close Date 14th December
Based on the strong investor interest the close date has been set down for 5pm on Friday 14th December 2018. All application forms must be in by this time with funds due by 31st Dec.
For full information, please download and read the Information Memorandum below. The Application Form and Instructions for investing are contained on page 72.
Please feel free to forward to your colleagues and contacts.
If you, your colleagues, your company and/or your contacts have any questions and/or would like to discuss on the telephone, please contact me [email protected]
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Really? I mean Santander could do with a decent break, but real estate would not be cheap. Surely more economical to buy some cheap farm land near(ish) Madrid?
from that picture, london has changed a lot since i was last there
Wasn’t it Bassy who said “Surfers are the worse”. We don’t pay for anything. Like Bitcoin “what goes up must come down”.
Good thing they listened to the one bloke who suggested they “under promise, over deliver!” Oooeeee. …shits gonna be off the hook!, off the charts!, double down, winners all around! It’s got to now.
Dear surf media,
Can one of you bastards or Jen C. do a comprehensive, in depth article on requalification on both CT and Qs?
We’re all dying of thirst out here in the desert of surf fandom.
Thanks for nothing,
R. Matic
Oh hell yeah!
Give us something to froth on,
for fucks sake!
How am I going ,Negso?
We are?
The other thing is if you read each proposal – they sound like ( in their spin) signed off done deals anyway so why the fuck ask for investment?? If you doing the build and “selling” the tech and license shouldn’t need the 100K investments no?? I’d be asking for the 70% deposit remainder on completion handover.
I like the tech and hope it works but something doesn’t totally add up???
The demo basically a disaster.
But noone, even surf Journos, will say it.
FucKen dodgy sport,
as it should be.!
yep the launch was as flaccid as dezza’s knob – if you going to go got to be running at 100%
I may as well hold a white purse. No more pouring of milk, no foaming champagne or dripping molasses.
Don’t they still have that erection centre at the jungo?
Jeez mate, your ex really did a number on ya. Maybe you just need a trip to Thailand or somewhere you can hire a bevy of pretty young things with skin as smooth and tight as a porpoise to get your head straight.
You might just come back a whole new man with a real thirst for life and the pleasures of women.
Or at least they can all try to get your engine running, if not, just come home with your head hanging and start hitting the bottle.
Or maybe Westerly Windina might just be the ticket to get your rocket ready to launch! Ha ha!!
Initial investment was to build the technology and prove it works…..rolling it out will cost a few bob – overheads will sky rocket – people, offices, planning, production etc Cash flow is king. Nothing abnormal about what they are doing. Expansion costs money – its as simple as that.
Ensuring your proposal is chosen over some other competitors costs a fair bit, normal business practice but shonky as fuck.
If I had a hundy grand I didn’t give a fuck about I’d throw it in for a look.
But I don’t. Sadly.
The thing that’s concerning is that they are asking investors to declare Sophisticated, Wholesale or Professional. Get fucked – You have a duty of care to treat all investors the same you dumb cunts ! Completely unprofessional right there and wide open for a court case if investors get treated differently. Good luck.
You really think that they can get a reliable piston?
That plungers fucking massive!
I reckon theyre fucked
When it broke down they called in Caroma. Sorted.
As Ive got older I’ve grown to appreciate engineering more and more.
I’m not qualified to comment.
Well no, I think that’s what they are trying to avoid. You can ask for investment cash from individuals under that “Sophisticated” caveat without having to jump through all the hoops imposed by market controlled share trading a la ASX, you know, the inconvenient due diligence, reporting to market, public accounting etc. I guess they are after SMSF cash from well-off adult learners etc.
Me if I had $100,000 I didn’t give a fcuk about, I’d give it to someone who needed it.
Ahh – ok. I see. All care, no responsibility. Ha, jeez that’s a good one.
And yea, you’re prolly right – that might be a better use of the money.
It’s all time. It’s the new black of shit investment. I get an email every second week from someone advancing some scheme or other under the “Sophisticated” caveat. But there’s a qworld of difference between a prospectus and an Information Memorandum.
Hear ya not abnormal am taking the piss somewhat, but probably they didn’t “wow” going full scale!! If they had cranked it and looked epic – which should have before they launched then would have got investors easy I reckon!!!
Hold on a sec gone from a 2 ft dunny plunger to “100 other licensees” plus 10 other projects??
Didn’t the brands that fucked up over diversify?
Sounds like they’ve hired Warney for spin.
“I surf a Maserati. I surf my financial planner.”
“I surf insider trading, and local government under the table payments”
“I do airs off the top the stock market peak, and plummet into the valley of inevitable recession.”
i surf the bubble and down carve the bust
I don’t think that shit would fly on the ASX
Kinda like having a wheelbarrow and calling yself a mining outfit.