Fusion Farms offering is now closed and is no longer accepting investments.

INVEST IN FUSION FARMS TODAY!

Hurricane-protected Aquaponic Farm

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Fusion Farms

$158,652.09 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS

2007 Calle Jaime Rodriguez
Mayagüez, PR 00682
VALUATION

$4.3M

TEAM

Kendell Lang
Kendell Lang
Co-Founder

Kendell Lang is the Chief Executive Officer of Fusion Farms, an innovative hurricane-protected indoor vertical farm solution for the re-utilization of vacant PRIDCO buildings in Puerto Rico. Fusion Farms has been in the formulation stages for decades, starting from Mr. Lang’s Bachelor of Science degree in biology from college where he completed his senior thesis on aquaculture. That early exposure to technology innovation applied to nature has kept alive the vision and passion which today has culminated in Fusion Farms. As a seasoned leader, Mr. Lang brings a unique approach to building teams. He is a life coach with a focus on people, process and tools. He has broad industry success in accounting, finance, real estate, construction, brokerage, professional services, product design, high-tech manufacturing, e-commerce and information technology.

Lisa Jander
Lisa Jander
Co-Founder

Lisa Jander is a Certified Life and Relationship Coach, Public Speaker and Author of a book titled, "Dater's Ed," for parents. Becoming an author was a by-product of the passion she has for mentoring teens and young adults and has parlayed into her responsibility for the educational foundation and Community outreach opportunities for Fusion Farms. Lisa is a self-confessed "handyman" and loves every kind of power tool. As a former kitchen designer for Home Depot, Lisa has extensive design, project management and construction experience which lends to her many contributions to not only the startup of Fusion Farms but the efficient and effective ongoing operations. As a Co-Founder, Lisa provides overall project management and task tracking to organize all the myriad parts of this amazing puzzle.

Dr. Rene Esteves

Dr. Rene Esteves

Aquaculture Specialist

Rene Esteves, PhD is currently serving a dual role as the Extension Leader for the University of Puerto Rico (UPR) Sea Grant College Program which is headed by Dr. Ruperto Chaparro. Dr. Esteves is also the Aquaculture Specialist for the UPR Agricultural Extension Service. Previously he’s served as Puerto Rico’s Fisheries Liaison for the National Marine Fisheries Service of the National Oceanic and Atmospheric Administration. Dr. Esteves is a coral reef fish ecologist whose research interests have focused on larval connectivity of commercially important fish species, changes to coral reef fish community structure due to disturbances and fisheries independent assessments. His double role in the UPR is in part meant to strengthen informal education in small sustainable recirculating aquaculture projects that would both increase food security and offer alternative income for low-income rural coastal communities.

Prof. Luis R. Mejía Maymí

Prof. Luis R. Mejía Maymí

Auxiliary Dean for New Center for Agribusiness Development (NuCeDA) Department of Agricultural

Prof. Luis R. Mejía Maymí is the Auxiliary Dean for New Center for Agribusiness Development (NuCeDA) Department of Agricultural Economics and Rural Sociology. In August 2009, the Board of the College of Agricultural Sciences (Dean-Director, Associate Deans, Director of International Programs and Director of the Office of Planning and Budget); approved the creation of the New Center for Agribusiness Development (NuCeDA). This was officially inaugurated on Thursday, November 12, 2009, in the Office # 306, of Building C, of the old dormitories of the Campus. NuCeDA is a work space assigned to the Department of Agricultural Economics and Rural Sociology of the College of Agricultural Sciences; that making use of teaching and research, will make more effective the management of preparing agribusinesses and agribusinesses, in skills that contribute to the development of a sustainable agriculture. Among other matters, the Center facilitates the allocation of human and physical resources, in an integrated department, with teaching and non-teaching staff, working in the three units of the CCA - Faculty, Agricultural Experimental Station and Agricultural Extension Service. The interaction between the three units mentioned, includes the participation of graduate students, who learn by doing, while working in the SEA.

Dr. Ruperto Chaparro

Dr. Ruperto Chaparro

Director, University of Puerto Rico (UPR) Sea Grant College Program

Agriculture is a business that develops in a competitive market system, in which success is measured to a large extent, based on the maximization of profit. To achieve this goal we must recognize that knowledge about technical aspects of crop or animal production is not a sufficient condition for the farm to make a profit. Education in managerial aspects of agriculture or agricultural business is essential to promote the development of competitive agricultural and agroindustrial enterprises. The management that is being done, through NuCeDA, sharing information and knowledge with farmers and potential farmers, is of greater importance, when we recognize that the operation of an agricultural business is somewhat different from that of other types of companies. Puerto Rico Sea Grant achieved college status in 1989 and is based at the University of Puerto Rico. Their mission is to fund scientific research to address the priorities of Puerto Rican communities. During September 2017, Puerto Rico was devastated by back-to-back major hurricanes that resulted in the worst natural catastrophe affecting the region in a century. Fishing facilities or “villas pesqueras” including boat ramps and piers were in many cases completely destroyed, boats were lost, gasoline and diesel fuel were nowhere to be found, and there was no electric power. In addition, many fishers’ houses and communities were flooded and/or destroyed by the storm. Puerto Rico Sea Grant actively assisted fishers by providing guidance about available post-hurricane assistance and benefits from federal, state and private entities.

Dr. Shane Burgess

Dr. Shane Burgess

Vice President for Agriculture, Life and Veterinary Sciences, and Cooperative Extension, Charles-Sander Dean of the College of Agriculture and Life Sciences, and Director of the Arizona Experiment Station at the University of Arizona

Dr. Shane C. Burgess, MRCVS, FLS has worked around the world as a practicing veterinarian and scientist. His areas of research expertise include cancer biology, virology, proteomics, immunology, bioinformatics and computational biology. He has 188 refereed publications, trained 38 graduate students and has received nearly $55M in competitive funding since 1997. Dr. Burgess is currently Vice President for Agriculture, Life and Veterinary Sciences, and Cooperative Extension, Charles-Sander Dean of the College of Agriculture and Life Sciences, and Director of the Arizona Experiment Station at the University of Arizona. The division has a total budget of $135M with over 3,900 students and more than 1,700 employees. He currently serves on the Agri-Business and Water Council of Arizona Executive Committee, the Board of Directors for Arizona Farm Bureau, the Governor’s Agricultural Best Management Practices Committee for the Arizona Department of Environmental Quality, the BIO5 Institute Deans’ Advisory Board, Tech Launch Arizona’s Internal Advisory Board, Arizona STEM Diploma Project Advisory, Flinn Foundation’s Arizona Bioscience Roadmap Steering Committee, Reid Park Zoological Society Board of Directors, Arizona-Sonora Desert Museum Board of Trustees, Pima County Agricultural Science Advisory Commission, Farm Foundation Round Table Steering Committee, and is a member of the National Academies of Sciences, Engineering, and Medicine Board on Agriculture and Natural Resources. Dr. Burgess also serves on a number of university-level planning and strategy committees.

Dr. Michael McGee

Dr. Michael McGee

Founder, Caribe Fisheries

Dr. McGee owns and operates Caribe Fisheries Inc. a tropical aquaculture farm in Lajas, PR. He is involved in all phases of aquaculture and particularly those which may be important to improving productivity and quality of life in PR. Most recently he introduced a new aquaculture species to this hemisphere, the Basa catfish. Puerto Rico is currently the only nation in the western hemisphere to culture this food fish. Exports from Vietnam to other countries of the world are over $1,000,000,000 a year and there is good potential in all tropical regions of the western hemisphere to culture this valuable species. He also offers training and workshops related to aquaculture. He is working with Fusion Farms and other institutions to increase awareness of aquaculture in PR. Caribe Fisheries was established in 1989 by Dr. Michael McGee. The main business is ornamental fish for wholesale distribution in Puerto Rico and for export. In addition, Caribe Fisheries produces fish and shrimp seeds for sale to other aquatic farms. Caribe Fisheries continues to work with governments, universities and individuals as consultants to help develop aquaculture in Puerto Rico, Central and South America. Dr. Michael V. McGee has extensive experience and training in the areas of aquaculture, aquatic ecology, water chemistry and fisheries science. For the past 18 years he has successfully developed and operated his own aquaculture-agriculture business Caribe Fisheries Inc, located in the Lajas Valley. Caribe Fisheries produces ornamental and food fish species, freshwater shrimp, aquatic plants, vegetables and herbs for sale in Puerto Rico.

Sadhu Govardhan

Sadhu Govardhan

Founder, Govardhan Gardens

Fusion Farms has been working with Sadhu Govardhan, founder of Govardhan Gardens to focus on the unique challenges of growing tropical fruits native to tropical ecosystems in and around a CEA facility. Sadhu Govardhan is an independent thinker, eco-organic farmer, tropical rare fruit connoisseur and researcher. Sadhu will provide inputs into crop selection for maximum diversification, as well as recommendations for the outdoor living canopy on the property around the building.

Fusion Farms Puerto Rico Team

Fusion Farms Puerto Rico Team

Garden Pools Design Team

Garden Pool is a federally recognized 501(c)3 international public charity dedicated to research and education of sustainable ways to grow food. Our mission is to develop better ways to grow food and help others do the same. Our operations are based in downtown Mesa, Arizona. We’re working on bringing the GP system to the rest of the world!

Dennis

Dennis

Founder

Dennis is the founder, a designer, and a teacher at Garden Pool. Dennis invented the Garden Pool, wrote the book, developed and manages our web presence. Dennis has also designed several other Garden Pool systems, including the Fantasy Farm, and created many unique GP innovations, such as the 5 Gallon UV Sterilization Bucket. Dennis is the project manager of volunteer builds and is the course instructor for the GP Certified Designers. Dennis believes that sustainable food production helps improve entire communities. Dennis, a full-time volunteer, is the primary researcher and serves as the President and CEO of Garden Pool.

Danielle

Danielle

Co-founder

Danielle is the Co-Founder of Garden Pool and Operations Director. She overseas the day to day operations of the Garden Pool Store and our Local Programs. She is our resident animal expert. She grew up on a farm in the mid-west and loves growing veggies, herbs and fruit trees in the desert!

Heather

Heather

Smart Farm Game Designer

My name is Heather, and I’m in my senior year at ASU. I’m majoring in Sustainability, as well as working towards being an ASU-certified game designer. I thoroughly enjoy the design challenges presented by integrating the real and digital world, and as the team lead on the Garden Pool Game, my main responsibilities will be creating and integrating the Puerto Rico Climate Smart farm as a playable level in the video game.

Minghan

Minghan

Economic Analyst

My name is Minghan Li, and I am a graduated student from ASU with a economics degree. Sustainability is one of the main concerns of economy development. Out current project is a good example of how we can reach certain production output with a sustainable focus. For this project, I am helping with data calculation and business statistics.

Trevor

Trevor

Designer, Estimator

I am Trevor Pittman and am currently a senior student at ASU majoring in Sustainability with a minor in construction management. My focus and passion lies within design, as I enjoy the creative aspects of the projects that I collaborate on. Specifically to this project, I will be taking large part in all design and estimation aspects. This will be done largely through my expertise in 3D modeling.

Tyler

Tyler

3D Model Designer

My name is Tyler Clark, and I’m an interdisciplinary student at ASU with concentrations in sustainability and design studies, with a minor in urban planning. I’m passionate about architecture and landscape architecture, and my dream is to design parks and help integrate parks into cities. For this project I’ll be helping with 3D modeling and rendering. Some of my professional work can be found at Dktadesign.com

TERMS

Fusion Farms
Overview
PRICE PER SHARE
$10
DEADLINE
Jul 4, 2019
VALUATION
$4.3M
AMOUNT RAISED
$158,652.09
Breakdown
MIN INVESTMENT
$100.00
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
989
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
107,000

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Fusion Properties Management Group, Inc. d/b/a Fusion Farms

Corporate Address

:

2009 Calle Jaime Rodriguez, Mayagüez, Puerto Rico 00682

Offering Minimum

:

$9890.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$100.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

1,000

Maximum Number of Shares Offered

:

107,000

Price per Share

:

$10.00

Pre-Money Valuation

:

$4,300,000.00











*Maximum subject to adjustment for bonus shares. See 10% Bonus below


On April 17, 2019, Fusion Properties Managment Group, Inc. (d/b/a Fusion Farms) filed an amendment increasing the authorized shares of Common Stock of the Company from 20,000 to 860,000. At same time, the Company effected a 43:1 stock split, increasing the pre-offering shares outstanding from 10,000 to 430,000.

All shares issued in this Offering at $430 per share prior to April 17th were included in the stock split, and as a result of the stock split, will own 43 shares of common stock for each share purchased prior to the amendment, resulting in the same percent of ownership of the Company.

All shares sold in the offering subsequent to the amendment will be sold at a price per share of $10.

The pre-money valuation of $4,300,000 has not been affected by this corporate action.


The 10% Bonus for StartEngine Shareholders

Fusion Properties Management Group, Inc. will offer 10% additional bonus shares for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who invested $1,000 or more in that StartEngine Reg A offering will receive a 10% bonus on this offering within a 24-hour window of this offering’s launch date. This means you will receive a bonus for any shares you purchase. For example, if you buy 10 shares of Common Stock at $430 / share, you will receive 11 Common Stock, meaning you'll own 11 shares for $4,300. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

ALL UPDATES

07.08.21

InvestPR iPortal

We are excited that Fusion Farms is the first-of-a-kind Hurricane-protected Vertical Aquaponics Farm in Puerto Rico and we are now a Showcase Offering on InvestPR's newly launched Investment Portal showcasing investment opportunities in Puerto Rico. This iPortal has all our documentation, including the Executive Summary, Business Plan, Pitch Deck, Benefits Statement, Videos, Customer Testimonials, Financials, and all the documentation related to the Offering Memorandum and the Subscription Agreement.


Please Feel Free To Share This URL:

https://iportal.investpr.org/share/offering/ffarms?trid=cbwduuv



We are pleased to give you an update on our financing activities and share with you the details regarding our newest Series B Equity Offering. We are already 14% Subscribed (not including numerous ongoing investor conversations), so early momentum is really exceptional especially given that it's only been live a short while! This is a non-profit investor portal funded by the marketing activities of InvestPR, so there are no fees associated with this transaction!!!


Our tagline is, "We Grow Food...We Sell Food...We Build Farms" so as we continue to get press and acknowledgment of what we're doing, we are continuing to see any number of opportunities that increase investor confidence, awareness and appetite.

We look forward to answering any questions you may have.

12.22.20

Fusion Farms 2020 Year End Letter To Shareholders


To our Family, Friends, Shareholders & Supporters,

As you all know, this year has been full of challenges, disruptions, and delays. Nonetheless, we have persevered and continued to advance the interests of Fusion Farms. It is a strange time and we’ve got lots to report on, so we’ll get right to it!

The 800 lb. COVID Elephant in the Room

The COVID-19 pandemic has had an unprecedented effect on global health and our global economy. As an early-stage emerging  AgTech company, we’re concerned on many fronts: concerned for the health of our family, our farm associates, and the success of the company that we’ve worked so hard to create.

We know you share our concerns deeply. Together we need to take vigorous action. First, direct your attention and efforts to the health of your community; your well-being and the well-being of your family are what’s most important. Then, consider ways to protect your extended family and possibly your own business so it can survive this crisis and prosper in the future. We’re committed to solving these challenges and we appreciate your support as we chart a course through these untested waters.

As our society unites to overcome the coronavirus outbreak, we hope this unity will serve as a promising model – a model for how we can come together to build a safer and more sustainable world for generations.

No matter the challenges, the setbacks, or the hard times… We want to make it clear that we’re not going anywhere!!!

DELIVERING VALUE

2020 will be remembered as the year of COVID-19. For Fusion Farms, it was a tale of two halves from many perspectives, but a single story of our continued commitment and leadership throughout the year. We closed the first half of our year with outstanding momentum—very strong demand for our produce, amazing testimonies from very happy customers, and we entered the second half with an expansion plan and new growth model put in place after the devastating effects of the March 13, 2020, lockdowns.


On that date, the global pandemic was declared, triggering a global health and financial crisis. Our ability to rapidly pivot in the second half of 2020 demonstrates the unique value we bring to our clients, our strong ecosystem partner relationships, the resilience of our diversified business across the island, our strength in Vertical Farming, and the importance of scale (which is our next step!).


We are proud that during 2020, Fusion’s team continued to deliver on our commitments to our shareholders and to deliver on our commitments to create value for our clients, our people, our partners, and our community. And at one of the most challenging times in world history, we have emerged stronger. We enter 2021 with an even more durable foundation and an exciting future.



DELIVERING ON OUR COMMITMENTS



Starting with our commitment to our shareholders, we have done what we said we were going to do; we did so as a leader in sustainable indoor vertical farming, making a positive difference for all our stakeholders and our community.


Among the highlights from 2018 to 2020:

Currently, Fusion has initiated Phase I of its master plan with 2,200 square feet of existing and a fully operational CEA facility in Puerto Rico. 


At present in Mayagüez, Puerto Rico, Fusion has been cultivating a wide variety of living microgreens, including kale, radish, peas, broccoli, mustard, basil, cilantro as well as strawberries! Soon to be added to this repertoire will be a spectrum of lettuces, leafy greens, basil, mint, and heirloom tomatoes.


With the amount of available indoor agricultural space and a proven aquaponic strategy, Fusion will innovate and diversify crop production in order to satisfy a broader demand of products.  


In Puerto Rico as an example, the island is currently importing over $3.5bn of diversified produce per year.  The market is underserved, substantial, and just the tip of the iceberg for what Fusion seeks to accomplish.























Turning to our clients. Our clients have been amazing, so we are excited to share the following graphic with a good representation of our clients in Puerto Rico.

Our clients rely on us for high-quality, nutritionally rich, hyper-local produce and if you’ve been able to follow us on Instagram or Facebook, you will have seen that progress. During the crisis, we deepened their trust by delivering seamlessly and quickly adjusting to the new demands. 


Our commitment to our community includes creating jobs and investing in innovation, as well as our robust education program. For example, we have hired and trained six (6) interns from the University of Puerto Rico - Mayagüez. We have also partnered with a new business owner to provide him with Moringa harvested from our Moringa Grove and he is now producing food for our fish using our sustainably grown Moringa as the protein source instead of using commercial fish meal.


Here is a link to our Facebook Photo Album that provides some highlights of our progress.


Fusion Farms Photo Album

EMERGING STRONGER FROM THE CRISIS

Our formula for market success is enduring: We continually transform our business and embrace change to create more value for our customers with incredibly valuable produce. We view 2021 as turning a page—we are no longer navigating a crisis—we are facing a new reality, and we are ready.


We emerged from the second half of 2020 a bit overwhelmed by the challenges having survived interminable delays and bureaucratic red tape, but we emerged stronger than when we began, which was our strategy. We set measures of what stronger means and have met each of them.


  • We sold out all available produce on several occasions.
  • We had more customers in our second half than in the first half of the year, reinforcing our role as a trusted produce partner.
  • We captured new growth opportunities in food distribution and specialty produce (i.e. the El Viandon Power Mix Salad and authentic Yerba Buena).
  • We continued to invest significantly in our people and in our business. In addition to the training new interns as described above, we created the capacity to hire new farm associates in the coming year, including a key “Farm Manager” role. 

 

LOOKING AHEAD

We serve our clients through our close proximity to their homes and businesses and our ability to quickly adapt to their needs.  With our speed, adaptability and pending scale we can help our restaurant, bar, hotel and grocery store customers succeed in their marketing and branding with high quality produce from Fusion Farms. As COVID-19 and the related changes in business and society have accelerated the need for transformation in the Ag Supply Chain, it became clear that we would need to deliver more local produce much faster. We announced the signing of a Commitment Letter with Oriental Bank on a USDA Guaranteed Loan in the amount of $1.65 million.  We are now aggressively negotiating with multiple “Family Office” investor groups to complete an additional investment of at least $500k in equity that is required on our balance sheet in order to remove that final condition of the Oriental Bank Loan.


Our culture is differentiated by shared success—our commitment to making a positive difference together with our customers, our farm associates, our shareholders, our partners, and our community. 


We believe today’s rapid acceleration to all things “Sustainable” presents us with a breakthrough opportunity to create a better future for all. Our strategy is to embed responsible sustainable farming techniques into every aspect of all our produce for our clients as well as to operate Fusion Farms as a responsible business. To help implement this strategy, we are in discussions with a literal NASA Plant Physiologist to come on board as our Chief Science Officer and Global Sustainability Services Lead who will be part of Fusion Farms Senior Management Team.


With respect to caring for the environment through our own actions, we are building on our goals for becoming a ZERO Waste facility and reducing emissions.  We are committed to the following industry-leading goals: to achieve net-zero emissions, move to zero waste and plan for complete rainwater use by the end of 2021. 


We have an unwavering commitment to inclusion and diversity and a culture of equality, which is core to our values as a company and critical to our success and continued innovation.  We have pledged to increase community investments to support economic inclusion, such as our commitment to hire local Puerto Ricans wherever possible.


Throughout our short history, the people of Fusion Farms have embraced constant change. Today is no different. I want to thank all our Farm Associates for their incredible dedication, perseverance, and commitment both in 2020 and as we face our new reality.  I also want to thank all our shareholders for their continued trust and support. As a company, we have never been more committed to creating shared success for all.

 

From the bottom of our hearts, we are incredibly grateful to each and every one of you who has in some way, shaped or supported our efforts to promote Food Sovereignty in Puerto Rico.

 

Sincerely,

 

 

Kendell & Lisa

Co-Founders of Fusion Farms

11.16.20

Fusion Farms Speaking At Caribbean Sustainability Investment Forum

To All Our Family, Friends, Shareholders & Supporters,

I've been invited to speak at the Caribbean Sustainable Investment Forum next Tuesday.  It is a free event with about a thousand investors currently scheduled to attend, including the head of the Norwegian Sovereign Fund and other similar luminaries.

Join 17 Asset Management and #ElatusCapitalAdvisors on November 17 at the online #CaribbeanSustainableInvestmentForum for an exciting full-day event featuring leaders from the Caribbean region discussing how the best investment opportunities are also the same initiatives that will lead to the achievement of the #UN Sustainable Development Goals. Register now! https://hopin.to/events/caribbean-sustainable-investment-forum #SDGs #Caribbean #ElatusCapitalAdvisors.

Now more than ever, investors need to commit and take collective action toward the intentional pursuit of the #UN #Sustainable Development Goals. Join @17assetmgmt and #ElatusCapitalAdvisors at the online #CaribbeanSustainableInvestingForum hosted by #SOCAP if you are interested in learning about investable impact opportunities in the region. Register now! https://hopin.to/.../caribbean-sustainable-investment-forum #impactinvesting #17AssetManagement #FusionFarms #CEA #Aquaponics #VerticalFarming

Best regards,

Kendell Lang, CEO
Fusion Farms

08.26.20

First-of-a-Kind Hurricane-Protected Aquaponics Vertical Farm in Puerto Rico!

To All Our Valued IMPACT Investors, Friends, Followers, and Supporters,

Thanks again for all the support on this amazing journey! We couldn't be here without you.

We have completed our Proof-of-concept and I'm excited to share some pictures of our fully operational Aquaponics system from which we are currently selling a variety of leafy greens to our clients. This picture below is of our five (5) tier, double-cantilever Deep Water Culture grow trough system. Each grow trough is 8' long, 4' wide and 12" deep, five levels high.  Each grow trough holds 200 gallons, approximately 1,600 pounds of water weight. Each grow trough holds four (4) float boards with 28 plant holes each, so a total of 112 plants per grow trough.  With ten (10) grow troughs, we have a capacity for 1,120 total plants, so at about 1/2 lb. per plant per month (very conservative) we will be producing roughly 500 lbs. of produce per month.


Here is a picture of our Tilapia in our fish tank.


Here is a wider shot that includes the three (3) main growing areas we have in our Proof-of-Concept; 1) on the left with the purple lights is our MicroGreens and seed germination area, 2) in the middle is the Aquaponic DWC system, and 3) on the right is our Dutch Bucket system, growing tomatoes, cucumbers, sweet peppers and Swiss Chard.


This is a picture of the Fish Tank on the left, connected to the Swirl/Settlement Tank, connected to the DWC grow troughs.


This is a close-up of one of our secret crops...Aquaponics Strawberries...growing like crazy and already producing runners!!! These are like gold in the Caribbean where fresh strawberries are virtually impossible to get.


This is the bronze guard lettuce.


This is Bok Choy.


In addition to the above pictures, we are also growing Thai Basil, Lemon Basil, Cinnamon Basil, Genovese Basil, Large Leaf Italian Basil, Little Gem Romaine, Paris Romaine, and a bunch of different Microgreens.

Now that we have successfully completed our Proof-of-Concept, we are now pleased to announce that we have entered into a Term Sheet with Oriental Bank for a loan in the amount of $1.9 million out of a Total Project Budget of $2.3 million. That will allow us to complete construction on 100% of our total warehouse of 11,500 square feet.  There is one remaining condition and that is the purpose of my giving you this additional detail.


Oriental Bank and the underlying USDA federal loan guarantee (we have pre-qualified for an 80% federal loan guarantee direct from the USDA), requires that Fusion Farms have approximately $417,975 in cash on our balance sheet in order to access and close on the loan commitment.  Given that we're going to have to raise approximately $417,975, plus legal fees and closing costs (rounding it off to $450k), I'm going to pursue multiple paths to getting that cash; 1) our amazing existing investors, 2) current investor prospect list of Impact VCs, Family Offices, AgTech Funds, and 3) another online fundraising.  I think the shortest, fastest route is going to be getting one IMPACT investor for $500k (or five (5) IMPACT investors for $100K each), so if you would consider an investment of $100K, and are interested in helping us meet this equity requirement, that would be awesome.  Let me know and let's please get a call scheduled!


We look forward to hearing from you once you've had a chance to digest this, thanks in advance for considering helping us advance our mission to help create Food Sovereignty for Puerto Rico!


Best personal regards,

Kendell Lang CEO
Fusion Farms PR
2025 Calle Jaime Rodriguez
Mayagüez, Puerto Rico 00682


05.01.20

Fusion Farms COVID-19 Update - Progress Report

Dear Fusion Farms Family, Friends, Shareholders & Supporters,


We have continued operations of Fusion Farms through the COVID-19 lockdown as an "Essential" Food Supplier here in Puerto Rico.  We actually had an unanticipated boom in customers!  We have been delivering our produce every week in Rincon on Wednesday and Thursday. 

It's kind of counter-intuitive, but we've actually been swamped with "To Go" orders and our business has definitely taken a jump since the lockdown. Lots of folks paying attention to Food Sovereignty and Food Insecurity, many articles talking about the coming food supply chain interruption, so it's sad, but plays into our story very well!

We hope you and your families are staying healthy through all this uncertainty!

We've got a bunch of client testimonial videos that we're going to be putting into a new update video, so you can CLICK HERE to see the raw videos before we put all of them together.


We have completed our Trench Floor Drains, so the entire warehouse concrete floor now has new drains so we won't have any problems with flooding.  CLICK HERE to see our photos of this project. We have also completed our application for this year's USDA REAP Grant Application, but unfortunately, we didn't have the Commitment Letter from Banco de Desarrollo Económico ("BDE") so we may not score well on that app even though we had everything else done.  We have completed our application with BDE for a $1 million loan and they have completed their site inspection, their credit analysis, our complete file review, and their credit analyst completed her recommendation and they are supposed to be scheduling a formal telephonic Board review to say yes or no to our application next week.  Our strategic advisor has a high degree of confidence that we will be granted this loan, so that will put us in a position to finish the completion of our total facility.


We have placed an order for the first complete 56' Double-Cantilever Rack and Grow Trough system from China, so they are putting that on a ship next week and it should arrive in San Juan in 3 to 4 weeks.  CLICK HERE to see photos of the Rack System configured and constructed in China before disassembling it and putting it into a container.

03.21.20

Fusion Farms in Puerto Rico determined to be an "essential" agricultural operation!

MAYAGUEZ, Puerto Rico – March 20, 2020 -- Fusion Farms, a hurricane-protected Aquaponics Vertical Farm has been determined to be an "essential" agricultural operation in Puerto Rico.  Fusion Farms is also classified as "a company of strategic importance" and is providing curb-side pickup and delivery of handcrafted salads to members of the local community.

 

The Secretary of the Government of Puerto Rico's Department of Economic Development and Commerce, Eng. Manuel A. Laboy Rivera, has issued guidance for the agriculture industry on essential businesses and how those businesses can mitigate against COVID-19 while maintaining essential operations to ensure access to food. 

 

On March 15, 2020, the Governor of Puerto Rico, Hon. Wanda Vázquez Garced, issued an Executive Order to facilitate the private and public closings necessary to combat the effects of the coronavirus (COVID-19) and control the risk of contagion within the Island.

 

"As the island takes steps to mitigate against COVID-19 and continues to strive for a healthy Puerto Rico for all, businesses across the island have been struggling with the question of whether they're essential or not," said Fusion Farms CEO Kendell Lang. "Agriculture's role is unquestionable: access to food is fundamental; we need hyper-local agriculture now more than ever and we're proud to be part of the solution during these challenging times." The Circular Letter issued by Secretary Laboy helped businesses across the island determine whether they are considered "essential" or not.

 

Essential businesses for a safe and accessible food supply include greenhouses and vegetable plants, distribution and transportation system from processors and manufacturers to retailers, retailers to include grocery stores and grocery delivery services, laboratories, and inspectors that ensure food safety, among others.

 

The current Administration encourages these operations, especially food production and distribution facilities, to continue operations and issued guidance for essential operations to continue with procedures that will protect both employees and the public from COVID-19.

 

"We encourage all our colleagues and producers to aggressively practice the Food Safety guidance we've been taught to ensure the security of our food supply as we've been duly certified by the Produce Safety Alliance," added Lang. "During these uncertain times, all of Puerto Rico is counting on the industry to continue to provide for our most basic needs, but done with the highest care and concern for the health and well-being of our customers."

 

Fusion Farms is a Bonafide Agriculture operator in Mayaguez, Puerto Rico and operates a Hurricane-protected facility which combines elements of hydroponics, aquaculture and renewable energy in a fully contained and controlled environment. Sustainable Controlled Environment Aquaponics (“CEA”) provides a unique combination of technologies and agriculture for the production of a variety of food products, as well as fish, in a CEA facility. Extensive scientific research on closed-loop aquaponic ecosystems has paved the way for repeatable, scalable food production, which represents an innovative advance in the way food supplies will be grown in the future.

 

Read: Hurricane Protected Farming in Puerto Rico

 

What is an aquaponic system?

 

The concept is simple. Fish are farmed in a large tank. The water in this tank becomes rich with their wastes which is filtered, cleaned and is then circulated to the hydroponics portion of the farm. This consists of vertically stacked rows of vegetables and herbs. The fertile water is circulated through the root systems of these plants (i.e. no soil is used), which filter out the nutrients, leaving the water clean enough to reintroduce back into the fish tank.

 

In this way, both fish and leafy green vegetables and herbs are grown simultaneously and on a constant basis, all year round, irrespective of the weather, climate, and seasons. Aquaponic farms are incredibly efficient for producing a consistent yield of important food crops and protein, all of which is super fresh, 100% #pesticidefree, and non-GMO. And it’s the perfect model to introduce to Puerto Rico, which has the space for it and certainly the need!

 

“Our solution is the ‘fusion’ of hydroponic growing of agricultural products combined with aquaculture of Tilapia,” says Lang. “This is based on the implementation of a comprehensive eco-system consisting of a self-sustaining, renewable, organic Controlled Environment Aquaponics (CEA).”

 

Learn more about Controlled Environment Aquaponics

 

The concept that is being implemented by Fusion Farms is a solution to the Food Insecurity problem – and one that will outlive the next hurricane or the next virus and the one after that: hurricane protected, biosecure controlled environment #aquaponicsfarms.

 

This agriculture opportunity isn’t only a smart financial move but also an environmentally friendly and humanitarian one. Putting an end to the mass importation of food produce will relieve the planet of millions of food miles every year and will establish a local, reliable source of fresh food produce in Puerto Rico. 

 

Fusion Farms already employs dozens of Puerto Ricans, including traditional farmers, who have valuable experience to offer, and other capable Puerto Ricans, who can be trained to become a part of the team and the movement towards a food sovereign future for the island.

 

Read: Impact Investing for a Greener Future

 

If you are looking for an opportunity to build your own Aquaponics Farm, bring Aquaponics to your Community, Invest in Fusion Farms or you just want to make a real difference while growing your wealth, Fusion Farms’ aquaponics is a fantastic opportunity.

 

#HurricaneProtected, #climatecontrolled, #biosecure, #pesticidefree, #verticalfarm, #indoorfarming, #waterfarmers, #renewableenergy, #microgrid, #sustainable, #nonGMO, #beyondorganic #purefood

 

 

For more information about Fusion Farms and to become more involved in this opportunity, go to www.fusionfarmspr.com or email CEO@FusionFarmsPR.com. 

03.20.20

Phase II Construction Update

To our valued Family, Friends, Investors, Followers, and Supporters!

Due to the current situation with COVID-19 precautions we have been in contact with all possible vendors (contractors, plumbers, electricians, plumbing suppliers, electrical suppliers, etc.) for getting them to provide the materials needed in order to continue the construction project, but we haven't been successful because they have strict orders from the Government of Puerto Rico to not dispatch any material whatsoever. Hardware stores, Electrical Supply stores, Home Depot, are all closed. We will keep trying to reach out to the vendors to see if we can get all the necessary materials and equipment to continue the installation process as soon as possible.

We have communicated with all of them that they, like Fusion Farms, are considered 'ESSENTIAL' and that they are exempt from the current Curfew, but so far, everyone has opted to stay home and not continue work. We are working to assure them that Fusion Farms is following all the required Food Safety protocols, as well as doing more than is required in terms of anti-bacterial cleaning of all surfaces at the farm. We also have a very large space where we can follow all the social distancing recommendations. We are completely sensitive to the recommended precautions, all of which can be accomplished while still moving our project forward.

Right now, our Phase II construction project is on standstill, so we will keep you posted as we learn more and hopefully get our construction back on track!

We are continuing to grow and delivering PSA Certified Food Safe, nutrient-rich, hyper-local and fresh leafy greens in our handcrafted (with gloved hands!) salads.

Best regards,

Kendell Lang
CEO
Fusion Farms

03.05.20

Fusion Farms - Phase II Construction Notice

To Our Incredible Customers, Family, Friends, Shareholders, and Supporters;


We are pleased to announce that we will shortly be commencing construction on Phase II of our Hurricane-protected Aquaponics Vertical Farm in Mayagüez!


MicroGreens production will be shut down during construction! That means that the Last Living MicroGreen Trays for a few months will be available this week ONLY!

Call 939-299-1929 to place an order, FREE DELIVERY. First come, first served...limited supply.

We have Rambo Radish, Gourmet Salad, Spicy Salad, Broccoli and Mesclun Salad Trays, WHOLE TRAYS ONLY. Normally $48, now closing out at $40 per tray.


Check our FB page at https://www.facebook.com/pg/FusionFarmsPR to keep up to speed on our construction progress.

02.26.20

Video Recording - FUSION FARMS - ANNUAL SHAREHOLDERS MEETING

FUSION PROPERTIES MANAGEMENT GROUP, INC., d/b/a Fusion Farms
2025 Calle Jaime Rodriguez
Mayagüez, Puerto Rico 00682


To Our Valued Shareholders, Family, Friends, and Supporters,


Thank you to those of you who were able to join us today personally at Fusion Farms in Mayagüez or via our Zoom Video Conference link. It was a productive day and we appreciate the positive feedback and participation!

The Zoom Video recording is now available.

Topic: FUSION FARMS - ANNUAL MEETING OF SHAREHOLDERS & OPEN HOUSE
Date: Feb 22, 2020 10:49 AM Puerto Rico

Link for viewers:
https://zoom.us/rec/share/pu0kfu7i_1pLabPD6B7QW_UsHZX0aaa8hCYc8_MKz0zFSAObM4ie1q-2tJfntKuh

We will be adopting the meeting minutes reflecting the passed resolutions and sending out a copy of those, along with the audited financials.

Best personal regards,

Kendell Lang

02.25.20

Fusion Farms - Annual Shareholder Meeting Reminder

To Our Valued Shareholders, Family, Friends, and Supporters,


FUSION PROPERTIES MANAGEMENT GROUP, INC., d/b/a Fusion Farms

2025 Calle Jaime Rodriguez

Mayagüez, Puerto Rico 00682


REMINDER: NOTICE OF ANNUAL MEETING OF SHAREHOLDERS & OPEN HOUSE


NOTICE IS HEREBY GIVEN that an annual meeting (the "Meeting") of the shareholders of Fusion Properties Management Group, Inc., d/b/a Fusion Farms (the "Corporation") will be held on February 22, 202020 at 11:00 a.m. Atlantic Standard Time at the corporate headquarters, which is located at 2025 Calle Jaime Rodriguez Mayagüez, Puerto Rico 00682.


Please go to our Facebook Event Page to RSVP at https://www.facebook.com/events/2652581961505347/.  This is an invitation-only OPEN HOUSE event and we will be serving hand-crafted salads made directly from Fusion Farms produce harvested the day of the event, so it is important for our planning purposes to know whether you will be attending or not.


At the Meeting, each of the shareholders of the Corporation (collectively, the "Shareholders"), will be asked to consider the following (collectively, the "Resolutions"):


a)    an ordinary resolution (i.e., requires a majority of votes cast by counting all votes) to increase the valuation of the company for financing purposes;


b)    an ordinary resolution (i.e., requires a majority of votes cast by counting all votes) to form a new subsidiary to operate the business activity associated with the recently obtained Hemp License; and  


c)    an ordinary resolution (i.e., requires a majority of votes cast by counting all votes) to approve the audited financial statements of the Corporation prepared by CR Law & Accounting. 


Due to recent events which have transpired, Kendell Lang (as majority Shareholder of the Corporation) wishes to propose the increased valuation of the company, and in connection with certain investment offerings intended to be presented to prospective investors by the Corporation, Kendell Lang wishes to increase the valuation of the Corporation to accommodate the raising of additional investment capital for the Corporation. 


Fusion Farms has recently obtained a Hemp License from the Department of Agriculture of Puerto Rico and, Kendell Lang (as majority Shareholder of the Corporation) wishes to propose the formation of a new subsidiary entity into which this Hemp License shall be contributed.


Shareholders may also be asked to consider and transact such other business as may properly come before the Meeting and at any adjournment thereof.


This NOTICE is being given electronically to the directors and to the corporate secretary of Fusion Farms, and by email to all registered shareholders of Fusion Farms and to the registered office of Fusion Farms (who is hereby requested by Kendell Lang to deliver the contents hereof to the Auditor of Fusion Farms forthwith).


Shareholders may participate in this meeting by any means of communication by which all persons participating in the meeting can hear each other during the meeting, and participation by such means shall constitute presence in person at a meeting. If you would like to attend the meeting via Zoom Video Conference, please reply to this email and we will provide instructions for attending the meeting via video conference.


HERE ARE THE DETAILS TO CONNECT VIA ZOOM VIDEO CONFERENCE:


Fusion Farms is inviting you to a scheduled Zoom meeting.


Join Zoom Meeting

https://zoom.us/j/253856659


Meeting ID: 253 856 659


One tap mobile

+16468769923,,253856659# US (New York)

+16699006833,,253856659# US (San Jose)


Dial by your location

        +1 646 876 9923 US (New York)

        +1 669 900 6833 US (San Jose)

Meeting ID: 253 856 659

Find your local number: https://zoom.us/u/ac6rR0lC3f


A quorum shall exist at any meeting of shareholders if a majority of the votes entitled to be cast is represented in person or by proxy. 


Shareholders may delegate or cast votes on motions under items on the agenda of any type of general meeting by post, electronic correspondence or any other form of distance communication, provided the identity of the persons exercising their right to vote is properly substantiated. Shareholders are authorized to cast votes on the above resolutions by replying to this email.


Dated as of the 21ST day of FEBRUARY 2020.




Best personal regards,


Kendell Lang 

CEO

Fusion Farms

2025 Calle Jaime Rodriguez

Mayagüez, Puerto Rico 00682

(M) 760.445.3315

CEO@FusionFarmsPR.com

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$158,652.09
INVESTORS
139
MIN INVEST
$100.00
VALUATION
$4.3M

@ 2022 All Rights Reserved

Apple Store Logo

Get To Know Us

Our Team

Careers

Blog

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.


www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.


Investment opportunities posted and accessible through the site are of three types:


1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.


Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.


By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.


Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.


California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.


StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.