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W✪RMS®

OAP: Phantoms of Phinance - Florence, 2011.

Asli Ozyar- MS&E, Istanbul, TURKEYLauren Taylor- Product Design, Los Altos, CA

Andrew Grinalds – MS&E, Southport, CTGavin McCourt- Humbio, Los Angeles, CA

“The Genentech of Green-Biotech”

Vision Statement: Our vision is to become the leading green-technology company, creating, producing, and selling innovative solutions of high quality for unmet ecological needs. Our products will help to preserve our planet for the next generation and increase quality of life on earth using our resources more efficiently. We strive to create a company based on doing the right thing for our world and the people who live in it.

2OAP: Phantoms of Phinance - Florence, 2011.

WORMS is a bio-composting solution that uses genetically modified earthworms to create an ultra-premium fertilizer from

previously unusable material.

THE ELEVATOR PITCH

OPA: Phantoms of Phinance -Florence, 2011.

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THE PROBLEM & TARGETED INDUSTRY

AGRICULTURE: MEGA-FARMS WASTE MANAGEMENT INDUSTRY

FERTILIZER PRICES

SUSTAINABLE AGRICULTURE

GLOBAL FOOD CRISIS

DISPOSAL = EXPENSIVE

Stage 1: Stage 2:

OPA: Phantoms of Phinance -Florence, 2011.

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Mega-Farm Locations:

Domestic Market Size for Fertilizer:

19 Billion Dollars Annually

Addressable Market:

Mega-Farm Fertilizer Consumers$7.5 Billion per year

Target Markets:

CUSTOMER & MARKET SIZE

Costs Up: Growth Opportunity

Mega-Farm Locations

5OPA: Phantoms of Phinance -Florence, 2011.

Input: Farm Waste

WORMS Output: Bio-Fertilizer

Mega-Farm Customers

Advanced Waste-Management Customers

Input: Organic waste

WORMS

3rd Party Waste Management Facility Output: Bio-Fertilizer

For Commercial Sale

THE SOLUTION & BUSINESS PLANPHASE 1

PHASE 2

Advantages:•No transportation needed•Fertilizer is site-customized•No need to dispose of waste (huge cost savings)•Possibility to sell overflow

After market value is established and process perfected at a smaller scale:

OPA: Phantoms of Phinance -Florence, 2011.

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THE FINANCES

Example Large Farm ROI Evaluation:Large 2,000+ hectacre farm uses average 103.4kg of fertilizer at cost of $150 (wholesale) a ton =

Average cost of fertilizer per year is $31,700,000

Farm has 25,000 tons of waste which can be converted to 12,500 tons of fertilizer.

Cost of WORM Facility: - $4,000,000 immediatelyCost of WORM Service: - $500,000 per year (including worms, consultation, white glove treatment.)

Value of Fertilizer Produced: $ 1,875,000 at market rateSaved Dump “Tipping Fees”: $ 250,000 per year (at $10 a ton) if applicable

Breakeven is less than 5 years without possible government subsidies!

OPA: Phantoms of Phinance -Florence, 2011.

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THE FINANCES

Example Advanced Waste Compost ROI Evaluation:Advanced Waste Compost ROI:

Accepts 150,000+ tons per year of source separated organic waste, and turns it into compost.

We offer to license our technology which can increase output 1.25x and command a higher price due to its ultra-premium quality.

Before – creating 50,000 tons and selling it at $350 a tonNow – creating 75,000 tons and selling it for $500 a tonIncreasing revenues from $17.5M to $37.5M

Cost of WORM Facility: - $35,000,000 immediatelyCost of WORM Service: - $3,500,000 per year (including worms, consultation, white glove treatment.)

At current prices, would break even shortly after the first year and by the third year would be doubling previous revenues.

8OAP: Phantoms of Phinance - Florence, 2011.

high

low

low

Home vermiculture

Current farm disposal methods

Community Composting

WORM

Napolitano Mafia

3rd World dumpsCommunity blight…throwing trash on ground

COMPETITION

Sustainability

Scalable production

high

9OAP: Phantoms of Phinance - Florence, 2011.

WORMS is devoted to increasing the efficiency of organic waste transformation for the benefit of

US agriculture and the global environment.

Using the latest genetic engineering innovation, WORMS is a more cost-effective alternative to

current fertilizer companies and niche compositing facilities.

SUMMARY & MAKING MEANING

WORMS, besides helping to feed the world, will help alleviate the 41 million tons of CO2 that is expected to be emitted from further use of fossil fuels.