BASIS is a new building material that was developed and patented in Russia in 2014. BASIS composite mesh is designed to reinforce concrete structures and substitute standard metallic reinforcement. It has a number of significant advantages over reinforcement metal: as it is cheaper, more durable and has lower weight.
There is a large number of different composite meshes in the global market, however they are all designed for reinforcement of brickworks or bonded screed. BASIS composite mesh is made of rods with thickness up to 12 mm, and is designed to reinforce heavy concrete structures - roads, bridges, parking lots, etc. In this market, BASIS mesh has no analogues.
BASIS mesh has a certain field of application: the greatest amount is used for roads, parking lots, shopping centers. In Russia it is about 10 000 000 square meters per year, in the global market it is approximately 1000 times larger.
To start one production line and promote the product, we need $ 500,000. If we collect $ 1,000,000, two production lines will be installed.
The bank is not interested in supporting new promising products. Banks want to get interest money and a security deposit that is twice the cost of the loan. We are interested in gaining the first experience in attracting investments via tokens issues. If ICO is successful, we are going to create a network of similar productions around the world, this seems impossible with banks.
Any interested person can become an investor. Our task is to provide convenience and transparency.
Legal aspects of the project are in details stipulated in WhitePaper, Section 4. A public offer contract will be concluded between the “BASIS Technology Investment Fund” and the investor who wished to remain anonymous. This contract could be downloaded from the official website of the project in the personal cabinet after registration. In the same way an investor can conclude a separate agreement, in which all rights and obligations of the parties will be stipulated.
The payback period according to the business plan, which can be downloaded from the project website, is about one and a half years since equipment commissioning. The equipment will be launched in 5-6 months upon ICO completion. After starting the equipment, we will accrue dividends to the holders of the token BSS in the amount of 50% of the profit each quarter in the currency Etereum.
BASIS composites have proven themselves in the markets of Russia, Kazakhstan, Ukraine, Poland and Latvia. There are agreements on supply of products to Western Europe and Southeast Asia. BASIS technology makes construction much faster and cheaper. We forecast that over the next 3-5 years production will grow dozens of times.
The global market of composite materials is one of the most dynamically developing markets. Currently, it is characterized by the following trends:
- rapid growth in composites consumption for construction in developing countries: in 2012-2016 the growth in Chinese market amounted to 9.5%, in India - 15%, in Russia - about 14%, the market growth in developed countries of Europe and North America did not exceed 5%.
- increased share of Asian countries in the global market regional structure.
When you turn to a specialized investor, you come and say that you’ve got project, technology, expert opinions and a working product, and now you want to expand, but there is no money. The investor says: "yes it's a good project, I'm ready to invest." But there is one essential condition, an investor wants a stake in the company amounting to 80%, and in this case only 20% is left to developers. It turns out that we just give our perspective innovative technology to the investor.
"Combine of Composite Materials" LLC has been supplying its products outside Russia for more than 5 years. The greatest amount of products has been delivered to Kazakhstan. We also delivered our products to Cambodia, Ukraine, Poland, and Latvia. According to our estimations, BASIS composite mesh has a very high possibility of entering into foreign markets. At the same time, we count on both regular customers and the newly acquired ones. Among the most promising importing countries of our products, we see the CIS countries and countries of Eastern Europe. Middle East and South-East Asia can pose some interest as well.
The implementation plan for this investment project is in details described in WhitePaper, Section 4.
10 people working on a permanent basis. They have a high qualification in the sphere of production, quality control and promotion of new products in the market of modern building materials. Almost all of the acting employees have worked at ground zero of our company; each of them excellently knows the production process and is devoted to this business. You can find some of them on our website in the Staff section.
If you do not agree with our rules or changes, you can always discuss this issue or conclude an agreement that suits you. We are always ready for dialogue and trying to work in the public interest, because the success of our project depends on you.
All characteristics have been examined and documented in protocols and expert opinions. This information is available on our official website and will be additionally posted on the website of our ICO.