Readers, Introductions, Updates and More

Dear Readers,

Happy new year 2022 - the year of the tiger - and welcome to the January/February 2022 edition of the Funding Strategies newsletter!

We recently congratulated Danny Maher, Opmantek Chairman, who announced that "the acquisition of Opmantek by FirstWave Cloud Technology (ASX: FCT) has been completed and I am thrilled as part of the process to join the board and to lead the organisation as CEO/Managing Director." Danny responded:

"Thank you Mark for your assistance in the formative days of Opmantek in raising the funding to build the business, a great investment partner and Opmantek another success for you."

A fantastic result for Opmantek's investors!

Image below: Danny Maher and Mark Rainbird in 2013 holding the iAwards trophy that Opmantek and BlueMount Capital jointly received.

Product of the Month

Investment Documents

Getting investor ready

Funding Strategies works with the company to "package" the investment opportunity for investors in the form of professional investment documents such as a pitch deck, teaser or investment memorandum, often including supporting information in a dataroom.

Find out more

View our Latest Opportunities

As always, we invite you to

download our updated deal list

from our website

(registration / log-in required,

membership is free).

View our Latest Opportunities

Upcoming Webinar

We are excited to announce our next upcoming webinar:

Project Compliance on 9 February.

For more information and to book please click here.

For more information please see the updates in this newsletter. Alternatively, contact us today via email or phone 07 3160 2840 .

Project Patina Update

Patended, intelligent cookware from the Nutribullet team

Project Patina's cookware is smart, app-enabled, walkaway and does the cooking for you. Its patented double wall thermal insulated design and SmartControl technology heats in minutes and continues to cook safely for hours off the stove.

With its App, you can choose from hundreds of recipes and remotely monitor your cooking so you’re no longer a slave to the kitchen. Of course the cookware also functions as conventional cookware when required, is compatible with all stove types, is highly energy efficient and looks great.

Project Patina has over 3,000 active users, proving that there is a market for the product.
2 patents have been granted already. There are also numerous trademarks already granted.
The Company has already launched in Australia, USA & Italy, building its user base daily.
Its mobile app is running on the Apple and Google platforms, user interaction is high.
The Italian partner is a retailer with 500 stores.
Over the past 15 years, Project Patina's team has developed and manufactured over 20 million consumer products for some of the world’s largest brands.
Over the past 2 years, the team has applied its industry knowledge, experience and proven track record to design and develop its latest product offering - a patent-protected, app-enabled, intelligent walkaway-cookware product.
The team co-developed the original Magic Bullet blender and went on to manufacture and supply over 5 million units for the US and global markets. It’s successor, the NutriBullet, has sold over 15 million units.

"This exciting new invention makes life easier in the kitchen,
uses less energy and creates healthier, more nutritious meals"

Read more here

Family Harmony project Update

Beta Trials | Early Bird Sales |

Brand Ambassadors On Board

The Family Harmony project is an Australian company that has developed a gamified solution in response to the growing issue of kids' obsession with screens. The goal is to support parents to manage their kids' screen time while encouraging healthy life-tech balance.

"Currently the product is in beta trials before launching in February/March this year. Our participants have provided some excellent insights and suggestions. We allowed time in our schedule to factor in some of these changes and are implementing these at the moment.

We are on track for our plans to launch an ‘early bird’ special to our 4,500 strong database on the 21st February 2022. We have been communicating to them over the past few months, building up their enthusiasm in preparation for them ready to come on-line as paying customers. From there we move to our ‘Go Live’ on the 30th March 2022. This date has been chosen to line up with ‘National Youth Week’.

We commence filming with our brand ambassadors during February in preparation for our launch. Showing these families at their respective homes will be a valuable media asset for our launch. They are great family people who have been elite athletes. They are very aware of the challenge of kids and screen time and appreciate the value of coaching as a tool to gain a better performance. They are all very excited to be involved in our project.

We have secured a well known gaming addiction expert as an advocate when we launch. He is passionate about helping the current i-gen kids affected by excessive screens. He will be offering expert advice on gaming addiction for our Launch Campaign and will be a valuable and available resource for families.

Lastly, we are awaiting to see if we have been accepted into either the Austrade Export Acceleration Boot Camp or the US export acceleration program to assist us with our plans to launch into the USA late 2022. The list of successful participants will be announced at the end of January.

2022 will be a very exciting year."

Read more here

TUTIS VReddo Update

"TUTIS VReddo is enjoying a very successful commercial quarter"

"Highlights of this quarter include:

1. TUTIS_ENTERPRISE

Successfully completing a Pilot program with OK Tedi Mining Limited in Papua New Guinea. This pilot was for delivery of tablet-based, paperless assessments for the Electrical Department; now it has been successful in one area of the Ok Tedi business, they’re poised to expand from the pilot into a full, broader deployment in 2022.
Onboarded global mining, civil work & earth moving company, the EPSA Group, who have subsequently gone on to expand the scope of the TUTIS_ENTERPRISE deployment last month. Beyond this immediate engagement, the prospects for expanded work with this client into 2022 & beyond is significant, given their multi-national operations across Europe, Africa & America.
TUTIS VReddo are delighted to have partnered with Mining Skills Australia (MSA). MSA are experts in developing virtual reality (VR) content for the mining industry; the combination of the TUTIS VReddo LIVE VR platform together with MSA VR content provide a compelling solution for customers in the resources sector.

2. TUTIS_TRAIN

Three new Registered Training Organisations have signed in the current quarter, two of which are CRICOS RTOs (servicing international students). Borders re-opening and the return of hundreds of thousands of international students, is bringing renewed confidence to the sector. Significantly these CRICOS RTO signings involve VReddo LIVE simulated classrooms as part of their deployment, a clear sign of their intent to differentiate amidst the ‘new normal’ for international education.

3. TUTIS_CARE

Signed a second partner in Aged Care, being Rebecca Hogan of 3C Management, who is incredibly influential and connected within the industry, not the least of all for her current role on the Leading Age Services Australia Next-Gen Board.
TUTIS_CARE is the keynote speaker sponsor at December’s National Disability Services National CEO Conference, which is expected to bring together a majority of leaders from across the disability services industry and provide TUTIS VReddo with unique introductions and exposure

“Whilst the achievements of this current quarter have been exciting, it’s the amazing foundation and opportunities it’s helping set-up for the start of 2022 which is truly significant. Off the back of this momentum the whole team have a spring in their step and a genuine excitement for the growth ahead!” said TUTIS VReddo CEO, Chris Wright."

Read more here

Fourth Line Update

"Leading Australian RegTech appoints new COO"

Fourth Line, one of Australia’s leading RegTech risk management and compliance systems for financial advice, today announced Joel Ronchi will step into the newly created role of Chief Operating Officer (COO).

Ronchi was previously the Head of Business Development, and in his expanded role he will be responsible for “continuing to build, grow and deepen relationships” with Fourth Line’s existing clients, as well as new clients.

He will also be a key driver of product development and Fourth Line “brand awareness” through proactive thought leadership and engagement with advice professions and other industry participants. Fourth Line CEO David Travers commented, “Joel has been a part of the Fourth Line family for almost 18 months now and has brought a tremendous amount of ‘real world’ experience to the business. He has successfully increased the awareness of Fourth Line in the marketplace and has been instrumental in bringing on board several large, national dealer groups in 2021.”

Read more here

Meet our Team

Ken Freer, Chief Operations Officer

Ken Freer (pictured left) has over 25 years’ experience in fast moving consumer goods with senior roles in general management, sales and marketing having worked for Wellcome Australia, Reckitt & Colman, PepsiCo Foods International (Frito-Lay) and Lion Co. as Managing Director of Castlemaine Perkins.

From 2006 through 2010 Ken applied his skills and experience in the field of sports administration. Ken was General Manager for the Lexmark Indy 300 and Director of Motorsport for IMG and the CEO for Queensland Rugby and the Reds.

He has a strong track record of delivering results, growing EBIT performance through revenue growth, cost control and through re-engineering key processes to improve effectiveness and efficiency. Ken has a natural ability to inspire and lead cultural change through manufacturing and sales and marketing organizations. He also enjoys working with customers and other key stakeholders to build effective alliances.

He has established a broad network of contacts in Government, Banking, Property Development and the Hospitality sectors, and with the major sporting organizations in Queensland.

Ken is a member of the Australian Institute of Company Directors and holds an MBA from INSEAD (France) and a Bachelor of Pharmacy (Melbourne).

Read more here

TARHF Update (Project Triplex)

Mandala Asset Solutions TARHF Fund III trading performance and outlook

Fund III currently holds two properties, Rutherford (passive) and Armidale (Actively trading).

Rutherford - was affected by Covid lockdowns, especially in the Newcastle area, and requested a reduction in rent under the Code of Conduct scheme. We negotiated with the tenant under the Code for a higher payment than suggested by the Code but with no deferral. This suited both parties and resulted in the write off of around one month’s rent. The tenant is back to full rent now. The sub-division of the rear of the land continues to progress with a major Council approval milestone being passed in this quarter. For new Investors’ background, the deal likely to proceed will be that TARHF will receive some $1.4m in exchange for giving up some unused surplus land and the tenant will receive a reduction in their rent but will take up the next option as part of the settlement. TARHF will get a better yield, the cash to deploy into a future deal and a more viable tenant (and hence better bank pricing). Likely timing is middle of 2022.

Armidale - was acquired on 10 November 2021 after some Covid lockdown induced delays. The timing was quite good as NSW opened up shortly thereafter creating a small surge in catch up travel at an otherwise quite time of year. Since taking over, we have been working on the transition, staffing, implementing new control and monitoring systems, getting direct contact with our customers, marketing and making sales calls generally and putting in our compliance program. This is fairly typical for all new properties that we take over. The takeover of the property was made much easier by an excellent vendor and generally all went very smoothly. While trading at the property since takeover has been a little down on 2020 levels (which were well up on earlier years), we expect to make a small profit for the part quarter which will be rolled up into our March 2022 distribution. How large this is will depend on how much of a boost the property receives from the opening up of borders and travel generally. Given the difficulty of finding any summer holiday accommodation on the Coast, we are hoping that people will travel inland and have been marketing accordingly.

Distribution - Mandala made a part quarter distribution to its unitholders in November.

Upcoming close - The Company is planning for another close by the end of February that should take the FUM over $30m.

Read more here

Introducing Project Telco

Telecommunication infrastructure and

IT and telco managed services

BlueMount Capital’s Brisbane office is pleased to announce that it has been mandated by Project Telco. The Company provides telecommunication and information technology managed services to enterprise and retail customers. Project Telco has secured a large contract with a petrochemical company and also has an in principle agreement with a developer as the exclusive telco supplier to two of its large residential developments.

Introducing Project Gold

Processing Plant | JORC 2012 Gold Resources |

Scale Potential | Premium Address | Pre-IPO

Project Gold is developing brownfield mines and expected to be on the pathway to become a producer within 24 months;
Aspiring to build to a 50kozpa producing business;
Significant scale opportunities through existing mine and brownfield exploration;
The board and senior management are data-driven creative leaders, passionate about the mineral resources industry and the opportunity to build a modern environmentally responsible and technology-enabled business;
Business leadership has extensive experience in global exploration, mine construction, mining operations and a track record of building robust and successful resources enterprises and businesses.

Australia China Business Council Update

We hope you will join us at

ACBC's upcoming events!

3 March: Unpacking the Greater Bay Area Market