Prepared for The Foundation by CorpvestSA (Pty) Ltd.

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Saving our World through the strategic use of Green Coal

Version: Submit Ready 8-24-24

Disclaimer:

This document is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation for any securities, investment products, or services. Any investment decision should be made based on the information contained herein and with due consideration of your specific financial situation, investment objectives, risk tolerance, and other relevant factors.

This document may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements are based on our current expectations, projections, and assumptions, and actual results may differ materially from those expressed or implied in these statements.

The information provided in this document is subject to change without notice, and we do not undertake any obligation to update or revise any forward-looking statements or other information contained herein.

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Executive Summary

A historic Foundation located in the Commonwealth of Virginia, USA (“The Foundation”) owns a coal seam (“the Parcel”); see Appendix A – The Parcel, which survey supports substantial reserves of high-quality coal. The Parcel's coal value exceeds USD 1.5 tn (trillion).

Coal, heralded as one of the most polluting fossil fuels, supplied 36% of electricity generation in 2022. Globally, nations have set goals to drop this number to 4% by 2030 and then 0% by 2040.  Environmental pressure is growing around the world to reduce the energy use of Coal because it is feared to be a major contributor to global warming. Scientists warm that changes greater than 1.5 degrees C (2.7 degrees F) are not survivable.  The impact of the use of Coal for energy is being demonized as one of the most catastrophic contributors to the climate crisis. 1 Many countries are phasing out coal-fired power stations entirely.  This is why our alternatives are required, if Coal is to have a future.

Due to immense pressure to reduce global warming, coal mines have seemingly reached the end of their lifecycle. Every metric tonne of coal burned releases 2.5 metric tonnes of CO₂. 2

The social and economic impacts of coal power station closures have consequences for many coal mining communities that rely heavily on the coal industry for jobs and financial stability. Shutting down coal mines can lead to widespread job losses in mining-related sectors, including miners, equipment manufacturers, transportation providers, and support services. These job losses can have ripple effects throughout the local economy, affecting businesses that rely on coal miners as customers.

What if we repurposed the Coal industry by overcoming the need to burn coal, which is believed to be destroying the planet, and were able to do so in a way that shattered all profit margins previously believed possible?

Our processes will generate 25 to 100X more revenue per ton by repurposing the use of Coal.

Given these kinds of profit margins…

Burning Coal would no longer be an optimal choice; it would be insanity!

Our project will enhance the value of coal as a resource and foster a global paradigm shift towards cleaner, more efficient raw material utilization in the development of space age materials, clean energy, and much more.

Our process of making Green Coal will protect and create jobs connected to the coal mine industry. With NET ZERO emissions guaranteed throughout our process, our commitment to environmental stewardship remains unwavering as we pioneer the transition towards a cleaner, more sustainable future.

This prospectus outlines our approach to use coal without burning.

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The Opportunity

THE FOUNDATION own the rights to a coal seam near Tom’s Creek in Coeburn, Virginia, USA, a region renowned for its abundant coal deposits.

The coal accessible from this parcel has a value in excess of USD $1.5 tn (see Appendix A), which provides the necessary security for this Funding.

The development of the Parcel involves several vital phases, including setting up infrastructure, conducting extraction operations, and arranging transportation logistics for a mine.

Our team comprises industry experts with extensive experience in mining and resource management who will ensure the efficient execution of each phase. We are committed to implementing cutting-edge technologies and adhering to stringent safety standards throughout the project lifecycle.

The key highlights of the Parcel are:

1. Proven Reserves: The mining survey and state mineral geo-mapping confirms extensive reserves of high-quality coal, providing a solid foundation for long-term production.
2. Strategic Location: Situated in a prime location with access to transportation networks, the mine offers logistical advantages for efficient distribution and processing.
3. Experienced Management: Our team brings a wealth of expertise in mining operations, ensuring effective resource utilisation and optimal performance.
4. Sustainability Focus: We prioritise environmental stewardship, employing advanced technologies to minimise the project’s ecological footprint and mitigate any potential impact. The funding commitment for rehabilitation will be unlocked via the Carbon Markets via our partnership with S10X.
5. Revenue Potential: With the growing demand for coal, the project presents significant revenue-generating opportunities and offers attractive returns on investment.

We will extract rare earth metals, produce graphite, and further refine graphene from the coal extracted from the Parcel.

Graphene is a revolutionary material with vast electronics, renewable energy, and environmental remediation applications. We will enhance the value per ton of coal extracted from the Parcel by at least 25X simply because we will manufacture graphene instead of burning or using the coal as a fossil fuel.

Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, holds immense promise across various industries due to its exceptional properties, such as high conductivity, strength, and flexibility. The market opportunity for graphene is substantial, spanning sectors such as electronics, energy storage, healthcare, aerospace, automotive, and more.

1. Electronics: Graphene's conductivity is an ideal for next-generation electronics, enabling faster more efficient devices, flexible displays, high-speed transistors, capacitors, transformers, nano technology, etc.
2. Energy Storage: Graphene-based materials enhance the performance of batteries and supercapacitors by increasing energy density, improving charge-discharge rates, and prolonging cycle life. This application is crucial for electric vehicles, renewable energy storage, and portable electronics.
3. Healthcare: Graphene's biocompatibility and unique properties make it valuable in biomedical applications like drug delivery systems, tissue engineering, biosensors, and imaging technologies, offering breakthroughs in diagnostics and therapies.
4. Aerospace and Automotive: Graphene's lightweight and robust nature makes it desirable for manufacturing lighter, stronger, and more fuel-efficient aircraft, vehicles, and components, contributing to sustainability efforts and improved performance.
5. Materials Science: Graphene is a building block for developing advanced composite materials, coatings, and additives with enhanced mechanical, thermal, and electrical properties. It impacts industries ranging from construction to textiles.

The Compound Annual Growth Rate (CAGR) for the graphene market is expected to be significant, reflecting the increasing adoption of graphene-based solutions across diverse sectors. While precise figures may vary depending on market dynamics, forecasts suggest a CAGR of 30% to 40% over the next few years.

Factors driving this growth include:

• ongoing research and development efforts,
• technological advancements,
• expanding applications and
• increasing investments from both the public and private sectors.

Graphene presents a lucrative market opportunity with the potential to revolutionize multiple industries and create substantial economic value.

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Funding

FINANCE REQUEST AND TERMS

We suggest postponing the initial payment of capital plus profits 3 to the financier for two years as the mine ramps production to satisfy growing demand.

INDUSTRY EXPOSURE

We will repurpose the Coal Industry and breathe new life into an industry experiencing a global downturn. Our innovation will ensure that coal will again (as we experienced in the '60s) become a popular BUY/HOLD decision for many investors and will no longer be a HOLD/SELL decision. This will ramp up the price of coal shares.

SECURITY

The parcel's coal value is $1.5 tn (see Appendix A—The Parcel). The Parcel provides significant security for the Finance Request (+ 8,000 times cover!).

LIQUIDITY

In addition to security, the earnings can provide liquidity to service the Finance Request coverage (100X). See forecasts starting at Appendix B – GROAL Holdings, Inc. Financial Forecast and consolidated in the Summary Table which follows.  Concurrently, S10X (see below) will unlock liquidity via its unique Carbon Funding Mechanism℠ - see Appendix H – S10X Carbon Fund, Inc. Financial Forecast.

We will extract the following from the Parcel:

• Graphite / Graphene (we start our journey here),
• Carbon Soil Nutrients,
• Methane Gas to Diamond,
• Rare Earth Element Extraction.

Furthermore, the above use cases significantly enhance GROAL’s liquidity potential by at least 1,000 X and have been excluded from the attached financial forecast numbers.

To further mitigate the risk of default, we have contacted multiple large coal buying groups globally, wanting to contract 100 % of the coal extracted from the Parcel. This coal type is very desirable.  In short, this project has prospective buyers for ALL of the coal. This gives GROAL the security to guarantee, as a last resort, a settlement of any outstanding amounts owed.

OUR TEAM

We have the best team on board to deliver our strategy centred around repurposing the use of coal by converting it to graphene and other by-products.

GROAL has engaged strategic partners who can execute our mission with equal passion. Through this funding request, GROAL will secure interests in several vital businesses and use the funding to acquire these interests. Initially, this will be done through convertible debt on the same terms negotiated with the appointed funder. These businesses will provide additional liquidity and so mitigate the risk of default.

We capture the entire value chain from coal to graphene-to-graphene ESS, opening access to the global renewable energy sector (any energy source). This is underpinned by the issue of verified carbon credits (done independently by Manergy—IROKO) via the S10X Carbon Fund, whose revenue share can provide the partners with further financial support.

USE OF FINANCE

• The Foundation will hold 100% of GROAL Holdings, Inc.
• GROAL Holdings, Inc. will receive the $250m funds and allocate as follows:
• Secure the Parcel rights (transferrable) for $5m from The Foundation as security for the loan.
• Invest $210m capital/equity in the following corporations:

NOTE: for more information on the table above, see
https://resparkafrica.com/,
http://www.s10xcarbonfund.com/, and
https://www.s10xcarbonfund.com/resources/SDG.mp4 

FURTHER FINANCE

GROAL and its partners will require access to further finance ($1bn—$5bn) in the medium term (circa 2025).

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Structures

The following underlying structures allow us to execute our strategy and ensure we are in an excellent position to service the Finance Request:

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Impact Investment

GROAL is committed to impact investment because it:

1. Addresses Social and Environmental Challenges: Impact investment focuses on generating positive social and environmental outcomes alongside financial returns. With pressing global challenges such as climate change, poverty, inequality, and access to essential services, impact investment provides a mechanism to direct capital towards solutions that address these issues.
2. Meets Stakeholder Expectations: Investors, consumers, employees, and communities increasingly expect businesses to operate responsibly and contribute positively to society. Impact investment allows investors to align their financial goals with values by supporting companies committed to sustainability and social responsibility.
3. Mitigates Risks: Investing in companies with substantial environmental, social, and governance (ESG) practices can help mitigate various risks, including regulatory, reputational, and operational risks. Companies prioritising sustainability and social impact are often better positioned to adapt to changing market conditions and emerging societal expectations.
4. Unlocks Market Opportunities: Impact investment taps into emerging market opportunities driven by shifting consumer preferences, regulatory changes, and technological innovations. Businesses that develop innovative solutions to social and environmental challenges can access new markets, differentiate their products or services, and create sustainable competitive advantages.
5. Drives Innovation and Collaboration: Impact investment fosters innovation by encouraging the development of new products, services, and business models that address unmet social and environmental needs. Collaboration between investors, businesses, governments, and non-profit organisations is essential to scale impact initiatives and drive systemic change.
6. Attracts Talent and Capital: Companies and funds prioritising impact are often more attractive to talented employees and investors seeking meaningful opportunities to contribute to positive change. As the demand for impact investment grows, additional capital is attracted to the field, creating a self-reinforcing cycle of investment and impact.

To invest in impact, one must create a sustainable financial model to fund impact.

We will develop a sustainable financial model to fund any of the 17 Sustainable Development Goals (“SDGs”) – provided as a grant.

GROAL’s partners are committed to impact investment and have budgeted a portion of their revenue to invest 10% of their profits in the SDGs.

Such impact projects are aimed at changing the world for good and focus on developing, unstable, impoverished, or underserved regions and economies, such as the following: 

• The Underserved Appalachian Mountains and the Coalfields of America, 
• First Nations Tribes in the United States and Canada, 
• Nations in Transition, like those in South America, 
• War-torn or Unstable regions like Eastern Europe, South America, the Middle East, and Africa,
• Rural Inland and Island communities in Asia, 
• Isolated or Persecuted People Groups in the 10-40 window, and 
• Many impoverished or underdeveloped Nations, Regions, Tribes, and Peoples of Africa will provide grants for pre-revenue small businesses with excellent growth potential.

Through this funding round, S10X can unlock over $100 m of SDG funding in the next five years.

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Concluding Word

Repurposing the coal industry by making coal green is a game-changer most would only have believed possible now.

We are pleased to have like-minded partners on board to help us achieve The Foundation’s mission. We and our partners will leave a legacy for our children’s, children’s, children that we can be genuinely proud to have initiated.

Imagine it all started 40 years ago with a piece of land in a small town beside a stream which had coal mixed with river rock. My saintly Mother insisted we purchase that land after saying her prayers one day, and my stately old Father, although previously a coal lobbyist, thought it was a long shot, but daringly took the leap of faith.

Were they living today, what reward that faith and daring would return to them. What has come to light since those humble days is staggering to the imagination. Although they are not here to share in the temporal rewards, it will be certain that their dreams of a better world are actualized.

Together, we will witness a paradigm shift and a revival of the coal industry. This will realistically create positive impacts over the next 1,000 years. By producing, in volume at disruptive prices, the raw materials needed for space-age development, like graphite and graphene, we could potentially leave an impact on this Earth, and Beyond, for the next 10,000 years, into a future we are making.

The Foundation and our partners have a great mission, not merely a task.

Please contact me if you want to positively transform and protect our world, create jobs, and joyfully make a difference in the communities that need economic uplifting.

For those who partner with GROAL, the future, not the past, will be our legacy.

Blessings,
Dr. Tim Collins

The Foundation’s CEO & Executive Director
Cell/WhatsApp: +1 (941)266-5497
Email: AACCTTSSgmail [soddot] com

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Appendix A – The Parcel

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1. Executive Summary

• The Collins Family acquired a property in Southwestern Virginia coal country approximately 40 years ago, revealing high-quality metallurgical coal deposits during initial assessments. The property, now owned by the “The Foundation” is led by Dr. Timothy W. Collins and family, offers access to significant coal resources suitable for surface and deep mining operations. The coal from this site is highly desirable for its low Sulphur, low ash, high BTU, and Metallurgical properties.
• Phase I of the project involves surface mining, essential for preparing the site for long-term deep underground mining in Phase II. Parcel A, a 4.5-acre tract under the foundation's ownership, presents an immediate opportunity for coal extraction incidental to land improvement. This phase, expected to yield approximately 37,000 tons of coal, requires no acquisition cost for Parcel A and can be completed within 120 days from funding.
• Financially, Phase I anticipates a conservative net projection of $7 million, which will be reinvested into Phase II. Phase II, focusing on deep mining operations, targets the Raven #1 Seam, one of the most significant untapped seams of compliance coal in the Western Hemisphere. With an estimated 10.368 billion tons of coal available, potential net revenues could exceed $1.5 trillion at 50% recovery, and much more considering various revenue streams beyond coal sales, such as Carbon Soil Nutrients, Graphene, and Rare Earth Element extraction.
• The capital raised for Phase II aims to develop access portals for long-term deep mining operations, with potential net income projections reaching $653.5 billion even if revenues only reached 50% of expectation (already reduced by a conservative 50% recovery factor above). Scalable deep mining operations, subject to capital availability, offer opportunities for additional revenue streams, expanded infrastructure, and increased operational efficiency.

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2. Current Valuation

The conservative value of the Parcel is $1.5 trillion, which is the security being offered unless an alternative treasury backed “principal-guaranteed” bond program is desired:

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3. Regional Aerials and Maps

Mining can occur on Parcel A alone, with historic permits to verify the same. The proposed acquisition of Parcel B is optional but would simplify and expedite development significantly.

Tom’s Creek Coal Prep Station (AKA: SW VA Coal Processing and Coal Loading Facility) is one of the largest in the United States and directly connects via rail to the Norfolk Coal Export and Loading Operations. The site also has a Rail Road Loading Facility with washing, crushing, and storage services, less than 4 miles from the proposed mining site.

We could sell and supply the coal we extract while the Graphite / Graphene Manufacturing plan is being designed, built, tested and commissioned.

 

This new Dominion Power Coal-Fired power plant supplies 150,000 homes, provides emergency power to Washington, D.C., and burns more than 425,000 tons of coal annually.

 

Two other power plants are close to the mine site; this is the largest and only 11.2 miles from the mine.

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4. Coal Quality Reports

 

 

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5. Engineer’s Report

This initial report was written when the mineral rights were in JEC Corp., Dr. Collins' dad's corporation (JEC = James E. Collins). At the time of this report, coal sold for $60 per ton and cost $30 to mine.

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6. Mining Permit

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7. Site Plan

 

 

 

 

Proof of Ownership Documents Below:

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8. Deed Receipt and Confirmation of The Foundation ownership

 

Notarized Deed:

 

 

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Appendix B – GROAL Holdings, Inc. Financial Forecast

FY2025-FY2029 Forecast

Generated September 9, 2024

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Projected Profit & Loss

 

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Projected Balance Sheet

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Projected Cash Flow

 

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Appendix C - GROAL Mining, Inc. Financial Forecast

FY2025-FY2029 Forecast

Original

Generated September 9, 2024

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Projected Profit & Loss

 

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Projected Balance Sheet

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Projected Cash Flow

 

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Projected Profit & Loss: 2024 (1 of 2)

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Projected Profit & Loss: 2024 (2 of 2)

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Projected Profit & Loss: 2025 (1 of 2)

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Projected Profit & Loss: 2025 (2 of 2)

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Projected Balance Sheet: 2024 (1 of 2)

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Projected Balance Sheet: 2024 (2 of 2)

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Projected Balance Sheet: 2025 (1 of 2)

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Projected Balance Sheet: 2025 (2 of 2)

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Projected Cash Flow: 2024 (1 of 2)

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Projected Cash Flow: 2024 (2 of 2)

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Projected Cash Flow: 2025 (1 of 2)

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Projected Cash Flow: 2025 (2 of 2)

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Appendix D - GROAL PLANT

FY2025-FY2029 Forecast

Original

Generated September 9, 2024

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Projected Profit & Loss (1 of 2)

 

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Projected Profit & Loss (2 of 2)

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Projected Balance Sheet

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Projected Cash Flow

 

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Appendix E - GROAL PLANT - Y4 to Y8

FY2028-FY2032 Forecast

Original

Generated September 9, 2024

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Projected Profit & Loss (1 of 2)

 

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Projected Profit & Loss (2 of 2)

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Projected Balance Sheet

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Projected Cash Flow

 

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Appendix F - Summary Table

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Appendix G – GROAL Holding Group Financial Forecast Assumptions

Three sets of financial forecasts were prepared for the holding company, mining company, and graphite & graphene plants.

GROAL HOLDINGS INC

The holding company will secure a long-term loan of $500m to invest $125m in GROAL Mining Inc, $250m in GROAL Plan, and $5m in S10X Carbon Fund, in 2024/5. Further investments of $750m in Year 3 to 5 (in the plants) will predominantly be made from soft loans to increase plant capacities.

A management fee of $10m per annum will be paid by the two operating entities.

Dividends will be declared from the 2027 Financial Year (FY 2027).

Projected Profit & Loss depict profitability from FY 2026, rapidly rising from a mere $710,000 in 2026 to $631m in FY 2029.

GROAL MINING INC

The mining of the Raven Coal seam is explicitly to feed the graphite plants, form Year two onwards, starting at 500,000 tons per annum from year 2 to 6, thereafter production will be increased to reach 1,000,000 tons per annum in year 9 onwards.

Key facts:

• Coal will be sold to GROAL Plant Inc at below market prices
• Carbon Credits on Methane extracted from the mine will be sold by S10X Carbon Fund
• Production & OPEX is 40% of revenue
• Any further capex will be funded from cash generated in the normal course of business
• Profitable from Year 1, by selling the 1st 50,000 tons end of year 1
• Dividend policy – 50% starting FY 2027. $65m declared to the holding company in Year 3 to Year 5.

GROAL PLANT INC

Twenty graphite & graphene plants will be built over nine years to reach a total annual production capacity of 900,000 tons of graphite and 100,000 tons of graphene.

The graphite plants will purchase coal from GROAL Mining @ $250 per ton, and sell 90% of its production for $10,000 per ton to the US market and the balance to the graphene plant, which is able to sell graphene for $50,000 per ton to the US market.

Key facts:

• A graphite and graphene plant’s cost is estimated at $150m with annual production capacity of 50,000 tons
• Green Coal is worth so much more than fossil fuel burning coal - $10,000 to $50,000 per ton versus $350 to $500 for coal
• Carbon Credits on graphite / graphene, Methane and hydrogen extracted from the coal will be sold by S10X Carbon Fund
• Production & OPEX is 40% of revenue
• It’s profitable from year three, which is its 1st year of production
• Dividend policy – 50% starting FY 2027. $965m declared to the holding company in Year 3 to Year 5.

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Appendix H – S10X Carbon Fund, Inc. Financial Forecast

This Appendix is highly relevant because of the cross-investing plan between GROAL and S10X.

S10X is agreeable to pledging appropriate proportional percentages of their revenue as part of the earning and repayment strategy for GROAL. Their pledge provides a de-risking strategy for any lender or investor to bolster ROI and loan repayment capacity.

Furthermore, S10X has agreed to pledge Carbon Credits from its large and plentiful diversified platform to guarantee that any Carbon Credit Investor wishing to secure “Right-to-Retire” privileges from GROAL’s Project will obtain full access to their platform, guaranteeing that the total number of carbon credits anticipated from GROAL’s development projects are fulfilled through their available substitute Credits, should that necessity arise. This agreement insurers Carbon Credit investors against the possibility of shortfall and loss.

Appendix C, and the Project Provenance for Carbon Credits are attached to this PDF.

If either of these two documents are not attached, or have been removed, they may be requested directly by emailing Dr. Tim Collins, aaccttssgmail [soddot] com.

NOTE: Beyond S10X we have additional Principal Protecting Strategies not covered in this document.

Attached or available by email in separate PDF files:

• Appendix C

• Project Provenance for Carbon Credits

 

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S10X Carbon Fund, LLC

FY2025-FY2029 Forecast

Generated August 24, 2024

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Assets

Excluding cash, accounts receivable, etc.

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Financing

 

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Projected Profit & Loss (1 of 2)

 

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Projected Profit & Loss (2 of 2)

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Projected Balance Sheet

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Projected Cash Flow

 

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Appendix I - Project Provenance for Carbon Credits

See attached document .

• 1

  https://ember-climate.org/data/data-tools/data-explorer/ 

• 2

  Source S10X Carbon Fund baseline: every carbon atom binds with two oxygen atoms to form CO2 (C = 12 amu; O = 16 amu x 2 = 42 amu). The result is 3.5, but S10X use a baseline of 2.5.

• 3

  The Finance Request is presented in line with the principles of Islamic law (Shariah).

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