What is Generation Gold & Oil?
Generation Gold & Oil is an international company that primarily focuses on mass producing food and creating jobs as a way to increase standards of living for millions of people who are in need of more affordable and organic food. We serve as a liaison to many Haitian farmers and the rest of the world through media exposure and networking with many other young Haitians who are eager to participate in a sustainable economic development system.
- Is Generation Gold & Oil a legal company?
Yes, we have been legally registered with the state of Florida since August 2019, but our concept and vision have been in play since February 25, 2013.
- What is the minimum and maximum I can invest in a farm?
The minimum you can invest is $100 in a farm. Each project varies and offers different payment options. For instance, a minimum investment can be $600, but it allows you to make monthly payments of $50 until you make the minimum payment. Another investor, for instance, may decide to put down $200,000 to develop 30 acres of citrus or mangoes with us, and he or she would be more than welcome. The opportunities we offer to our investors, partners, and friends are limitless. There is no limit on the maximum amount of money you can invest as long as all terms and conditions are met.
- Who makes the work happen at GG&O?
Our organization is comprised of investors and members living in different parts of the U.S., Canada, Chile, and Haiti. Our team is very committed to delivering great products and outstanding services to all who are willing to give us a bit of their time. We are also partnered with many Haitian farmers who are continuously delivering the best organic products possible to our customers.
Rest assured, we have an amazing international staff who are working around the clock to keep the company moving forward. From our administrative personnel to our wonderful Haitian farmers managing many farms in Haiti,.
- How do I invest in a farm?
First, You can invest directly on our website by selecting the project you wish to invest in. Second, you can email us directly via [email protected] to request more information or call us to speak to one of our representatives.
- How are dividends paid out to investors?
Dividends are paid out to investors when profits are made. Based on how
If you chose to receive your payment when signing your contract, the
Dividends will be paid out directly to your bank account, via Paypal or Cash
App. Be advised that Paypal charges fees on received payments.
- How can I follow the progression of the projects?
We usually post biweekly videos of our projects showing all the different stages and any other pertinent information to the public as a way to be transparent and to teach many other young men and women about the benefits of farming. You can choose to follow us on Facebook, Twitter, Instagram, YouTube, and our website to stay informed on all our projects.
- Can I visit the farms and get involved if I wish to?
Absolutely yes! We want to have a very transparent process where all our partners and investors are encouraged to visit the farms. You will also have the opportunity to get your hands dirty by working side by side with the farmers, depending on the time you choose to visit the farms. You will have the choice to visit by yourself, or you can elect to go visit the farms as part of a group. We will be posting our group trip dates on our social media once our Travel to Haiti Program is up and running.
- Why should I invest in or partner with Generation Gold & Oil?
The reality is that investing with us goes beyond just putting your money into a company and receiving a return. Here are a few reasons why you should strongly consider investing in or partnering with Generation Gold & Oil:
- Our potential ROI:
We are an organization that was founded with you, the farmers, and the consumers in mind. We create many interesting agricultural projects that have tremendous potential to generate sales, so you can get a return on your investments. Returns vary from one investment to another. Some projects even offer 60% of profits to be split among our investors.
- The importance of the work we do.
Empowering great leaders.
Linking young Haitians to great opportunities.
Influencing international immigration policies.
Rebranding the country as our commitment is to succeed and we are always looking forward to delivering great value to our partners and customers
10. How do I get my money back?
You will receive your dividends based on the method of payment you have selected for your contract. A bank account is preferable to facilitate transactions.
11. Are the rates of return for the farm monthly or annual?
Rates of return are annual. We do not pay monthly dividends, and dividends are only paid out when profits are made.
12. Can I take out the money before the due date?
No refunds will be paid out once an investment is made. The investor has the opportunity to sell his investment to someone else or wait until the end of his or her contract. All personnel are highly encouraged to read each contract very carefully before agreeing to the terms and conditions.
13. Do I pay management fees or any other extra fees?
No extra fee or management fee is required to fund a farm and support a farmer.
The only money you are ever required to pay is the amount needed to fund a farm as specified; we handle the transaction costs. At the end of the farming cycle, your capital and interest are paid into your chosen method of payment.
14. How do I know my payout date?
You can see your payout date on the transactions tab of your dashboard once you are signed in.
Every time you fund a farm or sets of farms in one order, the payout date is reflected on the transaction tab of your dashboard.
15. How much profit can I earn from funding farms with GG&O?
The profits on each farm vary by the market value of the produce, the number of farmers we engage on each project, the seasons for the operations, and many other factors as well.
SHORT TERM OBJECTIVE FOR GG&O:
1. Agriculture equipment (Mill, 3-wheeler truck)
2: Storage facilities (Grain bins, warehouse)
3: Electricity (Solar panels, Generators)
4: Water supply (pumps and storage)
5: Plant 5 hectares of con in June 2020.
SWOT ANALYSIS:
Strengths:
1. Publicize our work.
2. Keeping financial records
3. Communicate issues
Weaknesses:
1: There is not enough cash to support operations.
2: Members are not actively employed
Opportunities:
1. To work with already established companies in Haiti.
2. To create a new market and bring innovation to an old system
Threats: Work to minimize these.
There is not enough data on all members.
Members not understand the vision of GG&O
Potential risks that originate from outside a system, organization, or network.