Finally, A renewable that is a baseload
Phase Only 600 members each sharing in 2% of the IP Company (can be a single investor )
Phase 2 requires $26 million for a low interest loan and 10 % share in Generation
Terms and Conditions of The GIH Club Membership
Please carefully read and acknowledge these Terms and Conditions (“Terms”) before becoming a member of The GIH Club Membership. By joining The Club Membership, you are agreeing to abide by these Terms, and any additional terms that may be introduced in the future (collectively referred to as the “Agreement”). If you do not agree to these Terms, please refrain from joining The Club Membership. Earth Sea Corporation for The Club Membership (“ESCE” or “we” or “our”) operates The Club Membership, and we reserve the right to amend or terminate The Club Membership, either partially or entirely, at our discretion. You are responsible for periodically reviewing these Terms, and your continued membership implies your acceptance of any modifications we make to them.
A. Membership
By becoming a member of The Club Membership, you are partaking in the ownership of a club that is limited to 1500 members. This club collectively owns 1% of Gravity Induced Hydro IP worldwide and 1% of the Special Purpose Vehicle (SPV) established to operate the Eswatini generation company using gravity-induced hydro courses, all at specially discounted rates. Members may also receive additional benefits and discounts during other participating share funding rounds.
Membership in The Club Membership is lifelong, with an initial fee of $200.00. Your membership can be transferred, refunded, or resold, provided that ESCE is given the first right of refusal to purchase the membership at an internationally established market price.
B. Eligibility
To qualify for membership in The Club Membership, you must: (a) be at least 18 years old at the time of registration; and (b) have the legal capacity to enter into binding contracts.
Membership is contingent upon adherence to this Agreement, as well as any policies and procedures that ESCE may introduce, adopt, or amend. Failure to comply with this Agreement or ESCE’s policies, any conduct detrimental to ESCE, any misrepresentation, fraudulent activities related to your membership, or failure to comply with applicable laws may result in the termination of your membership, at ESCE’s sole discretion, in addition to other remedies available to ESCE under the law.
C. Membership Usage
Membership in The Club Membership is intended for the collective ownership of 1% shares in ESCE and 1% shares in the SPV. The club’s dividends will be distributed annually, divided equally among the 1500 members.
D. Dues, Fees, and Renewals
Membership is a one-time, lifelong purchase at $200. This payment can be spread over four months at $60. Monthly payments are non-refundable until all 1500 members are enlisted, after which you may sell your membership in accordance with the rules in section A.
E. Cancellation
ESCE retains the right to terminate your membership for cause at any time. Behavior deemed unbecoming during our quarterly “teams” meetings on the premises may result in membership termination.
Termination of membership, whether initiated by ESCE or through your resignation, will not be accompanied by any refunds. Membership termination constitutes a full and complete release of ESCE and participating courses from all liability, claims, demands, actions, or causes of action related to your monthly dues or membership status.
F. Privacy
The Club Membership is committed to keeping your membership information private and confidential, and it will not be disclosed to any third party by the club.
G. Disclaimer & Limitation of Liability
ESCE provides The Club Membership on an “as-is” and “as-available” basis, with no warranties of any kind. ESCE disclaims any representation or warranty concerning the error-free operation of The Club Membership. ESCE does not warrant the accuracy, completeness, or timeliness of any content or information associated with The Club Membership. ESCE expressly disclaims all warranties and conditions, including implied warranties and conditions of merchantability, fitness for a particular purpose, title, non-infringement, and those arising from statute or otherwise in law or from a course of dealing or usage of trade. Some jurisdictions may not allow the disclaimer of implied warranties, so this disclaimer may not apply to you. In no event shall ESCE’s liability under this Agreement exceed US$200.00, and ESCE shall not be liable for incidental, special, indirect, consequential, or punitive damages, even if such damages were foreseen.
H. Modification
ESCE may, from time to time, modify the composition of the participating membership network by adding or removing members.
ESCE reserves the right to discontinue or modify any part of this Agreement as needed. Additionally, ESCE reserves the right to add or remove services or terminate The Club Membership at any time. It is recommended that you periodically review these Terms to stay informed of any updates.
I. Miscellaneous
You agree to indemnify and hold ESCE harmless from any loss, including attorney’s fees, or liability for personal injury or property damage resulting from your actions connected with The Club Membership.
If any provision of these Terms is deemed invalid, the remainder shall remain unaffected if it continues to comply with the requirements of applicable law.
These Terms are governed by and construed in accordance with the laws of the Kingdom of Eswatini.
In the event of an unresolved dispute arising from these Terms, and after failing to reach a resolution through negotiation, the Parties agree to attempt mediation in good faith before resorting to arbitration, litigation, or alternative dispute resolution methods. One party must make a written request to initiate the resolution process. These Terms shall remain in effect until disputes are resolved or settled through the appropriate judicial process.
THE MARKET IS HUGE
$10 trillion / yr in Capex needed
5% market by 2050 == $1 800 000 000 000.00
Revenues from Generation from 2050 == 20 760 000 000 000 kwhrs at $0.10 == revenue $2 076 000 000 000.00
So even at 0.5% we will be doing extreamly well...
As we are the owner of the technology and the Independent Power Producer (IPP) which is backed by an initial order for 2500 Mw and have access to the Southern Africa Power Pool we are well place to expand in Africa to 20,000 Mw within 10 years.
However, it is the Term '' Nett Zero 2050" that has the most interesting future. In order for the world to reach nett zero it must first replace 130,000,000,000 Kw hours per year of fossil fuel generation and then with world growth it needs to double that - its simply mind boggling even at 5% of that market all our investors will become multi-millionaires.
Note Hydrogen is best placed to replace transport and industrial heating fuels and GIH is best place to make cheap clean green hydrogen
Ref NPUC
The near future value of the businesses
