RMANNCO, Inc. has entered into a multi-year (5) contract with Global Algae Management, LLC of Bozeman, Montana to microencapsulate all of the nannochloropis (algae) species targeted for inclusion in Nugent Brands' new substitute meat formulations under Ted Nugent's 'Wild Spirit Beef Jerky Brands' Trademark. Nugent Brands has joint-ventured with the National Rifle Association ('NRA') to market the new products. Nugent was recently seated on NRA's Board of Directors and has agreed to provide the NRA with donations derived from sales of the new meat (Beef Jerky) products, presently targeted to comprise Original Beef Flavored Beef Jerky, Peppered Beef Jerky, (Photos Attached) and four other flavors (TBD) to be developed under RMANNCO's proprietary, patent pending formulations. The initial target market comprises all 33 Million Card-Carrying-Members of the NRA (worldwide) and the 3-5 Million 'Followers' Nugent carries via his multiple web sites, e.g., Facebook, Twitter, Instagram, WildSpirit.com and several other web based platforms. Conservatively, we estimate our initial Target Market to be on the order of magnitude of 35 Million to 40 Million potential customers. Of course, our Pro Forma is much more conservative, using much smaller numbers to forecast potential sales just from this one contract, as we have others 'in the funnel' with entitities, e.g. MLB (Major League Baseball) and several of our competitors who are presently in the beef jerky production/sales business. Thus, we have not included sales projections from any other source (national consumer data base for beef products, for example) and have strictly limited this 'Pitch' only to the 'Nugent/NRA' deal.
About RMANNCO and GLOBAL ALGAE
RMANNCO, Inc. is a privately-owned company based in Lenoir, NC and is in the business of formulating and creating new, microencapsulated product schemes for clients across a broad range of business segments. These include, Pharmaceuticals, Nutriceuticals, Flavors and Fragrances, Adhesives, Biopolymers, Monomers, Candies and the Cannabis Edibles Industry (see: https://tinyurl.com/y99rn6jz and www.rmannco.com and pps. 16-19, attached story excerpted from February 2020 issue of Terpenes and Testing Magazine). RMANNCO owns the exclusive technology rights to use Dr. Resnick's encapsulation instrument and has the know-how to work exclusively with Global Algae to produce the new meat substitute products that include Global Algae's nannochloropsis products. The instrument, which was built to Dr. Resnick's design specifications at the Chemical Engineering Laboratory at Carnegie-Mellon University in Pittsburgh, PA, is capable of producing 1000 pounds of encapsulated product in a 12-hour shift. The instrument was built in 2003 at a cost of $240,000 Dollars and is owned by Dr. Resnick, free and clear. RMANNCO, Inc. is a privately-owned, family-centered, S-1 For Profit Corporation and acts as a Holding Company and Profit Center with sales derived from the various inventions of Dr. Resnick and Ms. Mann, licensed exclusively to RMANNCO, Inc. RMANNCO, Inc. is not a party to any litigation, has no outstanding debt, and carries small cash reserves in its working capital accounts.
Global Algae Management, LLC is in the business of producing high quality, organic algae of the species known as, 'Nannochloropsis', including, Spirulina, Chlorella and Astaxanthin. Global Algae Management, LLC is owned by Mr. Daniel Klemann who is the Inventor/Designer of Global Algae's Proprietary Micro-Biofloculation Technology and Algae Growing Systems. These systems are used to grow/produce the various strains of the nannochloropsis, algae. Mr. Klemann has constructed several of the MBT-Systems and can produce 1000 to 1500 pounds of algae in a 12 hour shift in each system. The systems are licensed, exclusively, to Global Algae Management, LLC of which Mr. Klemann is the CEO. The MBT-Systems are relatively inexpensive to build and operate, costing under $7500 Dollars, each. Mr. Klemann, who has a strong background in mechanical engineering, builds each system to his specific design parameters and for each particular species of nannochloropsis. Each specie of nannochloropsis, because of their size and nutrient requirements (salt water versus fresh water), require a special size of biofloculator capable of moving precise amounts of nutrient and chemicals hourly within the closed, contained incubation system. This results in production of the highest quality of algae for each of the six (6) species of nannochloropsis alga's. Global Algae Management, LLC is owned by Mr. Daniel Klemann who is the CEO, Inventor/Designer of Global Algae's Proprietary Micro-Biofloculation Technology and Systems, licensed, exclusively to Global Algae Management, LLC. Global Algae Management, LLC is a privately-owned Limited Liability Corporation owned by Mr. Klemann and is not a party to any litigation, has no debt, and owns all biofloculation systems free and clear of any encumbrances, liens, etc.