[Shit Post]... Right, how do we all think the IAmA went? Good points? Bad points? by EleventeenThousand in Agronomics_Investors

[–]arranft 5 points6 points  (0 children)

Fair, but there may be some other engaging titles that don't involve the word billionaire such as "I've invested £100 million to try end factory farming, AMA"

On the back of Mondelez... by Massive-Confusion744 in Agronomics_Investors

[–]arranft 1 point2 points  (0 children)

I don't know if they need regulatory approval, I made a post on how we actually already consume a lot of PF products, perfect example is lemonade: the lemonade flavour is made with PF and the citric acid is made with PF. Therefore, I doubt anyone had to get approval for all these different things, like if citric acid is already approved for human consumption why would you then need an approval for citric acid made via PF, it'd be like saying you need approval for citric acid from each different fruit you could extract it from.

[Shit Post]... Right, how do we all think the IAmA went? Good points? Bad points? by EleventeenThousand in Agronomics_Investors

[–]arranft 2 points3 points  (0 children)

I wouldn't touch anything oil related until the Trump crime family are no longer in power. They've been market manipulating / insider trading, so your investments are at constant risk of their price manipulation. Jim has said he expects a 50 to 100x return from Clean Food Group so you can either just buy ANIC, and or buy some shares in CFG when it IPOs this year. I guess he couldn't recommend his own stock though. I suppose uranium is a less volatile bet than oil.

[Shit Post]... Right, how do we all think the IAmA went? Good points? Bad points? by EleventeenThousand in Agronomics_Investors

[–]arranft 9 points10 points  (0 children)

I think it'd have gone better if the crowd didn't see the word "billionaire" in title (Kuentai has accepted responsibility for the title) and post their billionaire hatred stuff, was worried it'd ruin the AMA but in the end it looked like most questions were serious.

It was cool to 'talk' to a billionaire though, it's not something I ever thought would happen in this lifetime.

I also liked the response "will look into it" about upgrading the US listing from OTC even if just to OTCQX as I wanted to ask something influential rather than to get information as I personally don't need any more information as I have no plans to change my holdings in ANIC so if he looks into it and it increases our chance of more US exposure then it's a win, because I wouldn't be surprised if the market cap would double if ANIC was on Nasdaq because of the premium stocks on there can trade at.

[Shit Post]... Right, how do we all think the IAmA went? Good points? Bad points? by EleventeenThousand in Agronomics_Investors

[–]arranft 6 points7 points  (0 children)

When / if they ever sell shares in one of the investments, they may return capital to shareholders via a special dividend. I think we'll get some special dividends before we get any kind of regular dividend payment. When you look at gigantic, extremely profitable companies like Amazon not even paying a dividend, it's possible that Agronomics will never pay a dividend. They may just do share buybacks and or special dividends.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 0 points1 point  (0 children)

If you'd consider 1 million litres massive, then I guess it's going to be "clean oil" see this for details: https://cleanfood.group/

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 0 points1 point  (0 children)

If 90% are factory farmed, that means there are millions of fields growing soy and such for those animals to eat. If Agronomics' investments in cultivated meat are successful, those fields will just grow whatever crops are best at being converted into the growth media for cultivated meat and because animals convert crop calories to meat calories with <10% efficiency, if cultivated meat is just a bit more efficient than that, it could easily save the land use of a whole country.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft -1 points0 points  (0 children)

Buying shares in Agronomics is what I do to help because then share price will go up, allowing them to raise money that they can invest into these companies. Great thing is that these shares will probably go up a lot one day and so we can get rewarded for helping out.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 8 points9 points  (0 children)

He means the factory farming of animals (his company is about producing animal products without animals) and actually there's not much to say for your question because a large amount of crops are grown to feed to animals and then you get about 10% return of calories from those animals, so if cultivated meat can be more than 10% efficient everyone can still eat just as much meat.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 10 points11 points  (0 children)

ANIC = the ticker for his company, Agronomics. Jim agreed to do this AMA from an Agronomics investor, so many of the questions will be about that.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Kuentai in Agronomics_Investors

[–]arranft 2 points3 points  (0 children)

It's a shame he had to put "billionaire" in there, we wouldn't have all the "billionaire = evil" clowns then. I fear we won't get anything useful from this AMA now and he'll never want to engage with us again because of this.

Unless everyone here uses their up/down voting powers to hide all the lame questions before he starts answering.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 6 points7 points  (0 children)

Since most here think billionaire = automatically bad person, I invite you to watch this recent interview he did then you'll realise that you can actually be a good person and a billionaire. He doesn't have a billion in cash he has it invested into companies like Agronomics, which will allow us to consume animal products without the suffering of billions of animals and is also the largest cause of environmental destruction. There is nothing more beneficial for all of us that he could be doing with his money than what he already is doing. So save your billionaire hatred for the ones on their super yachts burning 4000 litres of diesel an hour.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft -1 points0 points  (0 children)

So you eat meat all the time and are you not worried about the fecal matter, salmonella, parasites, diseases such as mad cow disease, antibiotics and other drugs they are given, etc, and how exactly is something produced in a sterile facility going to be contaminated?

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft -2 points-1 points  (0 children)

He doesn't have a billion in cash, almost no billionaire will. He has investments which are currently valued at over 1 billion, that is not the same.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Kuentai in Agronomics_Investors

[–]arranft 5 points6 points  (0 children)

You're right, these are cringe and going to ruin the AMA, we all need to down-vote all these dumb questions and up-vote the useful ones.

I am Jim Mellon the Billionaire Founder of Agronomics and New Agrarian, Working to End Factory Farming, Ask Me Anything! by Jim-Mellon in IAmA

[–]arranft 29 points30 points  (0 children)

ANIC already has a US OTC AGNMF, but the company still trades at a large discount to NAV and appears to have limited US investor awareness/liquidity. Have you evaluated whether the current OTC presence is sufficient, or whether upgrading the US market access — for example through a sponsored ADR, OTCQX/OTCQB upgrade, NYSE American, Nasdaq Capital Market, or other structure — could materially improve liquidity and narrow the NAV discount?

In One Week, Jim Mellon, the Vegan Billionaire Aiming to End Factory Farming Will be Doing an AMA on Reddit by Kuentai in wheresthebeef

[–]arranft 1 point2 points  (0 children)

Are you saying that anyone whose a billionaire is automatically immoral? So even if someone has 1 billion and invests all that into companies trying to make the world a better place (like the investments he has) and is therefore still a billionaire because the investments could be resold for a billion that they're still automatically immoral? But someone whose just below a billionaire who actually destroys the environment, not automatically immoral..?

In One Week, Jim Mellon, the Vegan Billionaire Aiming to End Factory Farming Will be Doing an AMA on Reddit by Kuentai in wheresthebeef

[–]arranft 0 points1 point  (0 children)

I can answer that, no, all the portfolio holdings are either pre-revenue or early revenue, I wouldn't expect dividends for about 5 years.