HPQ.IO ICO – Description of the investment opportunity
- Description: High Purity Quartz (HPQ) production factory
- The place of the factory: Ho Chi Minh City, Vietnam
- Jurisdiction of holding company: Singapore
- The product: Ultra High Purity Quartz – the basic material for electronic, optical, lighting and solar (PV) industries. It is used in solar elements, semiconductors, optical fibers, lenses, crucibles, telecommunications. It is a necessary element for the production of any modern gadget – for example, mobile phones.
- The reason for the project: To meet existing buyers’ demand, cover a shortage (deficit) in the market, introduce a better quality and lower cost product to the market, and create a novel environmentally friendly technology. There is a large difference between our production cost and the sales price of the product in the market.
- Current status of the project: Location of factory has been finalized, and we are ready to purchase the necessary equipment to create the first commercial production line and start product deliveries to existing buyers.
- Sales – customers are waiting to purchase the product – the demand is over 20 times higher than initial production capacity so we have a great opportunity to grow
- Technology – ready to use and tested production technology
- Team – strong team for the project implementation
- Place – industrial park location has been finalized
- Financials – full understanding of the financial model for the project
- Plan – strong business model to become a major player in the market
We need: minimum USD1,650,000 financing to start our production line.
For what (soft cap): To start the 1st 500 TPA (ton per year) production line for IOTA-4 quartz – workshop, equipment, laboratory, raw materials and reagents, labor, other direct expenses.
What will we do if we raise more than the soft cap:
- Increase production capacity. We need to grow many times (at least 20x) just to meet the existing demand in the market. Increased capacity will also allow us to further reduce production cost.
- Add additional production line for lower purity HPQ (IOTA-STD) which also has a large market and strong demand from our buyers.
Our offer for investors:
- Commodity-backed tokens equal to certain amount of physical product with large discounts
- Buyback guarantee with predefined prices and schedule
- Ability to redeem tokens for physical product (for users or re-sellers)
When: token sale campaign dates – Pre-sale: April, 18th – May, 28th | ICO: May 29th – June 29th, 2018 (schedule here).
Timeline after the end of token sale campaign:
- Months 1-2 – paperwork, approvals, order of production equipment
- Months 2-6 – preparatory works, clean room, production equipment delivery
- Month 7 – installation works and start of production
- Month 8 – start of buyback process
- Month 13 – start of redemption process
- Further development
Token sale campaign (Pre-ICO and ICO) 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. We will start producing high purity quartz in our factory in HCMC. We will start the buyback of tokens from investors, as mentioned in the Terms and Conditions. Investors will be able to exchange tokens for the high-purity quartz product produced in our factory.
April 18 - June 29, 2018
Pre-ICO & ICO
June - Dec, 2018
Set Up Factory
Start of Buyback
Start of Redemption Process
Token sale campaign (Pre-ICO and ICO)
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.
We will start producing high purity quartz in our factory in HCMC.
We will start the buyback of tokens from investors, as mentioned in the Terms and Conditions.
Investors will be able to exchange tokens for the high-purity quartz product produced in our factory.
Corporate structure of the project: Holding company in Singapore will be the 100% owner of factory in Vietnam.
Some investment incentives we will receive in Vietnam: Tax holidays min. 2 years, 50% tax deduction for the next 4-8 years, zero import taxes for the equipment and raw materials, fast procedures and support from the industrial park.
Frequently Asked Questions – FAQ