About TimberFish Technologies
TimberFish Technologies (TFT) is an LLC that intends to license and sell a comprehensive environmental biotechnology for seafood production to the global aquaculture industry. TFT is industry changing and will solve many of problems that are limiting seafood industry growth and profitability, including rising costs of energy, feeds, waste and wastewater treatment, competition for clean water supplies, and mounting evidence that contaminants brought into the systems with marine-based feeds represent serious health problems. TFT will generate billions of dollars of new revenues in an environmentally responsible way. It is: • Local, minimizing transportation costs and carbon emissions, while enhancing product freshness • Contaminant free • Uses no fishmeal or fish oils thus preserving declining oceanic fish populations • Uses local bio-mass significantly incentivizing reforestation and deforestation avoidance • Environmentally restorative, no wastewater pollutants, no odors, all solids beneficially reused Our approach to the global seafood market is to license technology to leading industry partners. Commercial development will leverage the expertise of established operators within the existing supply chain. The existing market is complex and fragmented, and we anticipate developing multiple specific partners based on geography and market segment. We seek to raise approximately $400,000. Based on income projections which will generate a return on investment over the first five years of commercial operation that exceeds twenty to one. This is based on an objective of 24 operating facilities in the US by 2021, which we believe is achievable. We estimate 2021 revenues of about $215 million/year to our licensees. This level of production represents a modest penetration of approximately 1.5% of the US market and less than 0.1% of the global market. We further believe equal results will be achievable in Europe and Asia during the same period.
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1-10 employees
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Biotechnology Research
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Westfield, NJ
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Sept
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