Why Invest in HPQ?
Invest in a Real Industry
A real industrial project that you can visit in Ho Chi Minh City, and a real product that you can touch.
Stable and Guaranteed Returns
Buyback guarantee and ability to redeem tokens for product. Buyback prices are pre-defined in USD. Product prices for high purity quartz are also very stable. You do not have to worry about the volatility of currencies - we promise you a return in USD terms.
Ready to Begin
Everything is ready to start - technology, team, sales, industrial park, financial model and detailed plans. We have signed Letters of Intent with several buyers, so we are expecting revenue from day one of production.
You can visit our office and project site at any time. In addition, we will be updating our investors on our progress through our website and social media.
Unique and Exciting Technology
Our technology is a novel approach to produce high purity and ultra-pure quartz. Originally developed for a university research project in Moscow more than ten years ago, we have thoroughly tested this technology over the past few years, and are very excited by the results.
We have a very experienced team to make this project successful and become one of the leading global companies in the industry.
Innovative Green Technology
Our technology is environmentally friendly. Instead of the classic method of quartz purifying (taking out the impurities which produces lots of harmful waste), we “take” only pure quartz out of raw material which can be quartz sand of any purity. Reagents are recycled and used in the production process again and again. Our unique production process leaves no hazardous waste.
An Industry Ripe for Disruption
There is limited competition in the global HPQ industry with two dominating players, Unimin and The Quartz Corp, handling more than 80% of global production. It has taken us a few years to test, but we now have the technology to disrupt this industry and create a truly unique production process.
Great Returns with Guaranteed Exit Options
You can plan your returns and choose one of the options offered by us: buyback at predefined prices, redeem for actual HPQ products or resell in the market; or take an equity in our company.
Buyback and redemption are guaranteed by our company.
You do not need to depend on the volatility of cryptocurrencies because buyback prices are predefined in USD. We are expecting revenue in excess of USD 20m by year 2, so we will generate more than enough cash-flow to provide you with the promised returns.
Watch Our Progress
We will regularly post updates about the project’s development and also provide access to any backers or their representatives to our office and project site.
June 19 - TBA
Token sale campaign & Fundraising
Nov 2018 - Mar, 2019
Set Up Factory
We will set up the factory in our chosen industrial park in Ho Chi Minh City: complete all paperwork, build workshop and clean room, purchase machinery, equipment, supplies, etc.
Mar - Apr 2019
We will start producing high purity quartz in our factory in HCMC.
Start of Buyback
We will start the buyback of tokens from investors, as mentioned in the Terms and Conditions.
Start of Redemption Process
Investors will be able to exchange tokens for the high-purity quartz product produced in our factory.
Frequently Asked Questions
The soft cap is USD1,650,000 which will be enough for a 500 tpa (ton per annum) production line.
This is the minimum feasible production capacity.
The more we raise, the higher production capacity we start with.
We can safely grow to 10,000 tpa and more as current confirmed demand from our buyers is higher.
HPQ = High Purity Quartz = High Purity Silica = High Purity Silicon Dioxide (SiO2)
Quartz, also known as silicon dioxide or silica, SiO2, is one of earth’s most abundant minerals and occurs in many different geological settings. It is best-known for its use in glass manufacturing, but also has uses across a variety of industries requiring differing levels of SiO2 content. It is a necessary element for the production of any modern gadget – for example, mobile phones.
HPQ is usually a white powder. It can be defined as having at least 99.995% SiO2 content. However, the main focus is always on the non-SiO2 content of the quartz.
HPQ is broken down into different categories depending on the impurities found in the quartz. 5N has a purity of ‘five nines’ – 99.999%. i.e contains 10 parts per million (ppm) of impurities (0.001%), 6N is six nines – 99.9999%. i.e contains 1 part per million (ppm) of impurities (0.0001%). The impurity level is highly critical for high tech industries. For buyers, even ten ppm purity difference matters. That is why 99.998% is much more expensive than 99.997%. Higher purity means lower impurities content of critical impurities like P, B, Li, Al, etc.
HPQ is the basic material for electronic, optical, lighting and solar (PV) industries. It is used in solar elements, semiconductors, optical fibres, lenses, crucibles, telecommunications, etc.
Actually, we are ready for equity and debt deals with traditional investors. If we get a good offer we will go ahead.
We have visited or contacted nearly every local bank in Vietnam and in Singapore. None of the banks we visited are willing to finance “green field” projects like ours without full collateral. As a general rule, we need to have collateral worth at least double the amount that we want to receive from a bank. That means that if we need USD1.65m we need to have assets worth at least USD3.3m to obtain financing.
We have a JV offer from a Vietnamese government backed corporation and also JV offers from Vietnamese private investors. However, we feel these options are quite risky for us as there is a possibility to lose the technology (know-how) and control over the company (please refer to Vietnamese JV laws). We also have offers from European, Russian and American investors which require us to give away the majority of equity in our project. We want to keep maximum control over the company in order not to lose motivation and to prevent further equity dilution in the future. In other words, we want the company to remain ours and to ensure that our team is fully aligned. We have a great vision for the company, really believe in the strength of our team, and have a 100% interest to develop our project, increase capacity and continue R&D.
So, we are still open for deals with traditional investors if the terms are favorable.
Soft cap lets us start with a minimum feasible production capacity (500TPA). At the same time, demand from our buyers is over 10,000TPA which is 20 times higher. In our aggressive development plan, we aim to produce 30,000TPA in the next 5 years. So if we raise more now, we will be able to increase production capacity much faster. We also want to add another grade product (STD) that is needed by our buyers.
For the time-being, we can safely go up to 10,000TPA just to meet confirmed existing demand.
- We don’t require pre-mined quartz – we can use sand of nearly any quality as the raw material. There is no need for quartz mines and expensive materials
- Purity is not limited by technology – it is only limited by the production environment
- No requirement for very high temperatures
- No requirement for hazardous chemicals so no hazardous waste
- Most reagents are recycled and re-used
- We have less steps than in the standard technology process
- Low production cost
- Higher quality / purity of the product
This is a special room that is assembled inside of the workshop to keep the needed environmental standards (low dust, etc.) – that is why it is called “clean”. It is like the inside of an operation room at a hospital.
We need this room to prevent any impurities from entering the product/production process from outside, so that we can keep the purity until we have packed the quartz.
Here is some more information: https://en.wikipedia.org/wiki/Cleanroom and http://www.cleanairtechnology.com/cleanroom-classifications-class.php
We are a real industrial project so we basically guarantee 2 main things to our token investors:
That means that we have a scheduled buyback program with predetermined prices.
The buyback price depends on when you sell the tokens back to us and is up to USD4.00 (with token sale prices starting from less than USD2 for wholesale and early investors).
Buyback is the easiest way to get profit.
As each HPQ token is backed by a commodity – High Purity Quartz – you can redeem the tokens for a physical product. Or sell tokens to any strategic buyer or product user.
This way you can get higher profit but of course it requires more actions.
These are our 2 guarantees according to T&C.
As the business model is quite understandable and the plan is very well prepared and stress-tested, we can give such promises.
What else we can offer:
We can also discuss equity and debt deals with big investors.
And can provide signed agreement if needed. It can be done face-to-face in HCMC, Vietnam, or in electronic form.
And of course we will list our token on exchanges to provide a proper liquidity. We have some good offers but need to finish the ICO first.