350 PPM Companies Update

Dear 350 PPM Follower / Subscriber / Investor / Reader,

We are writing to you because at some point you have requested information from us on Environmental / ESG Investments or we have made introductions to participating environmental companies on your behalf – you may then have subsequently invested.

Please note, all of the companies detailed below have their own investor relations teams, which are specially trained on the company, its developments and prospects. If we introduce you to any of these businesses, we gain an introduction fee, which pays wages and finances our research, which you can view here for free: FREE of Charge or Obligation.

All information provided for information only.
 
If you do wish to forward this email onto friends and colleagues, you may wish to sign an Introducer Agreement first. If you do so, their will be an introducer Success Fee paid to you, in shares by the specific raising company that is invested in. This will not affect the Introducer Fees paid by the company, it will just affect, who receives the benefit.
 
The legal justification for this is in the raising agreement and it is an approved method as per the Financial Conduct Authority of The United Kingdom. Further details at the end of the email or contact Alexe@350ppm.co.uk for further information.

Updates as follows:

350 PPM LTD 



350 PPM has won Best Environmental Incubator 2021:


Obviously, this is a great achievement but increasingly defines our role in the environmental markets.

There is a new format to reporting on the companies we have backed below, which follows a hierarchical model. Those at the top are doing best. Those below must try harder. Anyway, it seems like the easiest format for shareholders to analyse their shareholdings quickly.

PGP has now taken top spot, STL moves down to second, Shine / Canigou falls to 6 on rumours of undisclosed solar bankruptcies from 2013.

We take no responsibility for accuracy of any of the below. Much may be gleaned from hearsay or rumour. Thus, we believe it to be correct, but its correctness cannot, should not and will not be guaranteed.
 
So:

1. Plastic Green Power Ltd:
   
   PGP has developed a zero waste system that deals with plastics and all other wastes. It is in my opinion the most complete system for dealing with waste. Because of the huge subsidies and penalties on dealing with plastic, these plants are exceptionally profitable. However, they still have undergo Pre-Construction Development and Development. A Chairman and Managing Director are due to be appointed to PGP, also creating an board, and there is apparently considerable interest from the oil/plastic majors, who are keen to acquire the plants once built. A bond for €180M is rumoured to be being considered in order to finance the three plants.
    
   For further information please contact: ndimmock@plasticgreenpowerltd.com or visit www.plasticgreenpowerltd.com.
   
2. Storelectric Ltd 
   
   STL has been granted a Green Hydrogen Production, Storage and Energy Generation Patent. They filed this in 2015 before anyone was really talking about Hydrogen and in my opinion it covers circa 50% of the green hydrogen market. They now just have to get their project pipeline going.
    
   They have also just won “Impact Initiative of The Year” at The Impact Environmental Finance Awards. https://www.environmental-finance.com/content/awards/impact-awards-2021/winners/impact-initiative-of-the-year-europe-storelectric-compressed-air-energy-storage-(caes)-grid-scale-initiative.html.
    
   Further details on STL successes below:
   
   i)     Video from Storelectric Winning Shell Springboard is here:
   ii)    Video from Storelectric Winning NAM Challenge is here: (Scroll down)
   iii)   Latest Promotional Video is here:
   iv)   Storelectric on CNBC here:
   v)    Storelectric’s CTO Comments on Gigawatt Scale Storage for Renewables here:
   vi)   350 PPM’s Research on Grid Scale Energy Storage is here:
   vii)  350 PPM’s Research Note on Hydrogen is here:  
   viii) For further information please contact: investor-relations350@storelectric.com or visit: www.storelectric.com
    
   Further information on the extent of the problem below:
    
3. Solar 350 and Subsidiary PAPA ONE LTD:
   
   Have one 100 MW / 30 MW Battery project in development in Mexico, partnering with a major EPC. Development has been delayed due to COVID, but they are now planning significant expansion.
    
   For further information visit: https://www.papa-one.com/
    
4. 350 PPM LTD:
   
   As detailed above. PPM is recovering fast from a difficult year and is set to launch a number of innovations, of significant benefit to companies we work with and their investors.
    
   For further information visit: https://www.350ppm.co.uk
    
5. Waste to Energy Solutions:
   
   WES is making progress but has had a tough time. They lost two of their projects during COVID, although two are still looking promising. Their strategy of medium sized Waste to Energy Plants make a lot of sense. They just need to find a significant backer or we need to step in and finance pre-construction development of the projects.
    
   For further information visit: https://wastetoenergysolutions.co.uk
    
6. Shine Australia One Ltd:
   
   Shine has expanded its project portfolio to 10 * 7 MW projects with the first project close to being sold at Pre-construction development – i.e. being sold at Ready to Build. 
    
   For further information visit: https://www.shine-australia-one.com/
    
7. Disarmco: 
   
   We assisted in raising £260,000 for Disarmco Ltd in 2017, but have no update (if you are a shareholder you might want to drop Arpana a line –  Arpana Gandhi  arpana@disarmco.com): my primary objection to funding the business was that there was no global treaty forcing countries to dispose of abandoned ammunitions, but in this world of ethical ESG investing it’s got to be coming.
    

In development, we have:
 
My Healthy Kick Ltd; with subsidiaries; MHK FCMG (Fast Moving Consumer Goods) and anticipated formation of MHK SASL (Sustainable Aquaculture Sociedad Limitada) is developing quicky.

Its vitamin / Acai Berry fortified milk drinks are proving attractive to Corporates keen to invest in and develop attractive, innovative brands, while MHK SASL  – which aims to completely disrupt the food value chain by creating zero emissions high quality protein from bivalves – the CO2 is permanently sequestered in the shell which is made roughly of CACO3 – Calcium Carbonate – which you might know more commonly to be called Limestone. Nacre – which is other of pearl is simply crystallised CACO3).

For further information please visit: https://www.myhealthykick.com/ or email: nick@myhealthykick.com
 
Carbonise Ltd; (with full European rights to modular technology which “carbonises” municipal solid waste and landfills reclaiming now valuable real estate post urban sprawl and generating energy in the process). This is most likely to be a less technical solution than Waste to Energy Solutions and Plastic Green Power, but has its own applications. Details to follow at a later date.
 
MY HEALTHY KICK LTD

 

Stephen Knockton, My Healthy Kick Ltd’s Managing Director has over 40 years’ experience in the food industry. His grandfather sold the family’s Fish business in 1951 for £11,000,000, so it is in his and his family’s blood. Roger Mckechnie, MBE for services to business, is Chairman. Roger was founder of Phileas Fogg Foods. Both of them have two significant exits in food business, but try and get out before big company politics kicks in.
 
The rumour is that Costa Coffee commissioned Stephen for the development of a healthy bottled milk drink that they could sell to their customers for “elevenses”. Since then My Healthy Kick Ltd has been formed, branding for drinks: Moo-Vit and Vit-Kick, and confectionary bars; Nibble-Vit and Choco-vit have been developed. The company is running through its development milestones expecting a exit to FMCG major in 3 years’ time for circa £125 Million. At this point it is anticipated that investors will have the opportunity to exit in whole or in part.350 PPM may have an earlier exit for investors should they want it – more later.
 
Stage 2 – MHK Sustainable Aquaculture SL: Utility Scale Production of Bivalves (Limpets, Mussels, Oysters, Scallops etc) using Upwelling Technology that creates Phytoplankton Bloom and Emission Reduction Subsidies from UNFCCC.
 
When I first became involved in the environmental markets in 2007, agriculture was tabled at 13% of global emissions. I believe deforestation for cattle grazing was excluded as was environmental degradation from trawling, as well as food production and many other components that are attributable to the food value chain. Now it is rumoured that the food value chain accounts for 51% of global emissions and TV shows like Cowspiracy, Seaspiracy and Gamechangers have focused investors and consumers attentions on it and the health benefits of a non-meat diet.

Further details on the food value chain and resulting emissions can be found on our Renewable Money Blog here: https://350ppm.co.uk/renewable-money-blog/
 
Ultimately, we need to get away from meat. This is due to the Carbon Emissions produced from Meat especially Beef – 1 KG of steak has a carbon foot print of circa 100Kg CO2e (btw before you say that this is impossible, the way they calculate CO2e emissions is based on the time it takes the natural processes of the earth to turn the CO2e back into its constituent parts, which is generally considered 100 years. This is why a litre of petrol has a carbon footprint of 2.4 Kgs, and you’d say naturally this is impossible as 1 litre of petrol weighs less than a litre (https://www.carbonindependent.org/17.html#:~:text=CO2%20from%20fuel%20use%3A,1%20gallon%20is%204.546%20litres), and a water requirement of 90 Gallons. So it’s either going to be plants, seafood and insects or a combination.

The breakdown of emission from various foods can be found here: https://ourworldindata.org/carbon-footprint-food-methane, Scroll Down…..

So here is the rub Part 1: Once Article 6 of The Paris Agreement is agreed in Glasgow at COP 26, there should be very significant emission reduction subsidies for Bivalve production against Beef Production. If the subsidy agreed is priced at €25 against an EUA (European Union Allowance)  price of €100, or say 1/10th (€10), and we can get our utility scale process registered as a Methodology with the UNFCCC, then for every 10Kg of Bivalve we sell, replacing beef, we would get a €25 or €10 subsidy. Obviously, if we can farm bivalves using the upwelling wave technology offshore which then creates phytoplankton blooms and ecology develops rapidly where previous there was none, and there will be little restriction on scale because we are far from the coast, we can probably franchise the solution worldwide. We would also receive subsidy based on the CO2 sequestering properties of other vegetation that grows rapidly such as kelp and seaweed.
 
Here is the rub part 2: although this has little financial value: For years, Limestone has been used as a building material. Most churches are made of limestone and is still used widely throughout the construction industry. The chemical formula of Limestone fundamentally is CACO3; calcium carbonate. The CO3 means that it sequesters CO2.  The chemical formula of bivalve shells is fundamentally CACO3. I am not an anthropologist or a geologist so I am not sure of the role that bivalves have historically had in reducing the amount of CO2 in the atmosphere down to the long term low of 275 parts per million (a trend we are now bucking through manmade emissions), but if there is all this stone around that is CACO3, how was it originally created – bivalves over billions of years ? I think so. I apologise if this may seem obvious to many of you.
 
Regardless, what is evident is that bivalve production for nutrition is close to a zero emissions activity. Adding to this we are adapting an existing wave technology to create upwelling in deep water of up to 300-500 metres, meaning cheap rents and no restrictions on scale (as you would get close to shore) and based on two additional factors; subsidies for emission reductions versus meat; and the ability of Stephen and team distribute the shellfish and to monetise the FMCG for circa 125M giving us some decent cash to deploy and dominate, the future looks rather bright.

Please come back to me for further details on nick@myhealthykick.com or visit: www.myhealthykick.com
 
To Conclude
 
It’s been a tough time for everybody, and if managements didn’t think there was a future in their endeavours, Covid would have provided a suitable excuse for them to fold. There is no reason for them to think that, they just have to keep going and at some point their relative competencies will intersect with market demand and they will catch the wave.
 
Conceptually, in my opinion the structures that have assisted in reducing emissions and generating environmental wealth so far are: 1. The Clean Development Mechanism (2000-2012), Emissions Trading Schemes (2005 onwards) and Kyoto Protocol 2007-2012 (which are all really part of the KP but just started at different times); and 2. Reductions in costs of renewable energy generation.
 
What will now make a huge difference is a return to the Securitization of Emission Reductions through agreement for Article 6 of The Paris Agreement, due to be agreed in Glasgow in November 2021 and utility scale energy storage at around 33% of the density of renewable energy. In other words for every 3 MWh of Renewable Energy produced we will need 1 MWh of Energy Storage, which can be called upon when needed.
 
I don’t want to be overly optimistic, but if this revolution started in 2000 (which it did), I got in in 2007, and the target of net zero is 2050, the best is definitely yet to come. Yes, I know we are all getting old, which is why one of 350 PPM’s new innovations will be an exchange that allows the trading of private companies – which means you can sell when you want, subject to liquidity.
 
If you have friends, colleagues, business associates, wealthy ex-wives, wealthy ex-husbands or rich and powerful enemies, that are bold enough to back early stage companies in the environmental space, please don’t hesitate to forward them this email. However before you do this, you are very welcome to email Alexandra (alexe@350ppm.co.uk) and register as an Introducer.
 
We own shares in all of the above companies and if getting some additional investment into a nascent business means giving away our Introducer Fee in return for a new investor, that works for us. On average, it generally works out as about 4% paid to you in shares in the company, that your introducee subsequently invests in. There are some restrictions, which we will make you aware of, but in essence they are as follows: that you cannot do this professionally. Essentially, it should be “word of mouth” / “in passing”.
 
Please don’t hesitate to come back to me if you have any other questions (nickd@350ppm.co.uk), but please be ready for some innovations that I hope will be game changing for investors within the above companies.

Kind regards
 
Nick Dimmock
Managing Director
350 PPM LTD