sur Brent Floating Farms Inc.
Brent Floating Farms Targets $20 Million for Sustainable Farming Innovation
Brent Floating Farms Inc., based in Paragould, AR, has announced its ambition to raise $20 million through Reg D 506(c) to expand its pioneering sustainable farming operations. The venture aims to address the environmental challenges and food shortages posed by traditional farming methods by utilizing sea-based container farms. This innovative approach promises a multitude of benefits including reduced water usage, elimination of artificial chemicals, and the possibility of year-round high-quality produce production.
Frank Brent, COO and co-founder, envisions a future where food is grown purely, without chemicals, signifying a shift towards more organic practices. Their system, which emphasizes sustainability and eco-friendliness, has shown promising success and is now poised for growth through an equity crowdfunding campaign set for Q1 2024. The funding will support the scaling of operations, with profitability projections set at 16 months post-investment. Investors are offered a 20% profit share, with the remainder being reinvested into the company’s growth and management.
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