| Project Title | World’s Cheapest Canning Set That Can Process Aluminum Retort Pouch At Only RM7,999 (Compared to RM500,000 and above currently!!!) Millions of poor people, SME, farmers, fisherman etc can now start a small food canning business globally. |
| Current Status | Pre-Revenue |
| Amount Invested | RM200,000 |
| Funding Required | RM200,000-RM2,000,000 (Those who wished to invest from a minimum of RM50,000 can also do so and will be given equivalent amount of shares.Please read further details below). |
| Description |
We, from the company Eazy Canner Sdn bhd (
www.eazycanner.com
) invented the first technique in the world to can Aluminum Retort Pouch in a small sterilizer.The whole canning set will only sell for only RM7,999 as compared to RM500,000 an above currently. With this invention which will be patented, millions of poor people, SME, fisherman, farmers, single mothers etc can now start a small food canning business affordably for the first time in the world. Millions of new customer and new jobs can be created.
Food processed using our canning sets and technique can last up to 2 years without having to use any preservative and needs no refrigeration.Users can expect to earn income of between RM1800 to RM7200 a month if using only 1 canning set and if they could sell all of their products. Our small canning set will comprise 1 sterilizer, 1continous band sealer, 1000 pieces of Aluminum Retort Pouch, 1 digital scale etc. |
| Business Opportunity |
Previously one has to buy and use large and complicated and very expensive sterilizer machine in order to can Aluminum Retort Pouch, the cheapest form of packaging in the world for canning purpose.Small sterilizer cannot be used to sterilized Retort Pouch as the pouch will burst during processing due to pressure differential. However we had managed to solved this problem, by inventing a special technique and very cheap ways to solve it.
By successfully solving this problem as tested by UTM ,University Teknologi Malaysia via its Letter of Approval, we can now offer our small and affordable canning set to millions of new customer globally. Millions of poor people, fisherman, farmers, unemployed people, single mothers can now start a small food canning business cheaply and affordably.We plan to open a branch offering 3S, Sales, Service Spare Part Centre, in each of the 150+ developing countries gradually.So the market is huge at hundred of millions of people globally. |
| Revenue / Business Model |
We plan to make money by selling the canning set at 100% mark up at RM7,999. Our cost is about RM4,000. So for each set we can sell, we can make RM4,000 each.Our target is to sell 200 canning set a month or 2400 canning sets a year in each of the country we operate.
We also forecast our revenue will be supported from the sales of the Retort Pouch and spare parts. We will also give free equivalent share that has been subscribed in 4 other companies as below to all investors once our research is completed and we are ready for commercialisation:So our investor will get another free revenue from the 4 companies below fro free if we really can complete all the research below. 1) We already know up to 99% on how to produce electricity cheaply and abundantly from solar, without having to use any solar panel and needs no battery, but can run 24/7/365 days. We can make billions of we can sell this electricity globally. 2) We already know up to 70% on how to produce petroleum from air and seawater or any water.We can makes billions form this also 3) We already knew a little bit in how to produce pure gold without having to do any mining at all.But this one is the most difficult to complete and may takes years to complete. 4) we already knew on how to convert used plastic into diesel. |
| Management Team |
Current Management Team,
1) Abdul Rahman BIn Muhammad -Myself as Founder and Inventor and Director, Have worked as auditor and accountant in a public listed firm, as compliance officer,as corporate executive involved in corporate exercise locally and abroad in Papua New Guinea and Indonesia.Once I ran a Petrol Station for 2 years.Now I am doing full time research and invention on 21 other high impact invention that will impact billions of lives globally, like in RE Renewable energy etc. 2) Md Mokhsen Bin Kasebullah – Director, a Medical Doctor under the KPJ Group. My classmate since form 2 in secondary school.He is an inventor too and has many ideas on how to invent many other high impact invention that will impact millions of lives globally. 3) My wife is one of the cheque signatory and advisor.She has helped me with cash capital to help complete the project.She is a Math teacher and an accountancy graduate, just like me. |
| Company Background |
We started the company on 29.3.2017.
The stated capital on the company accounts is only around RM30,000 but we had poured about RM200,000 of our own money into this not to mentoed about RM300,000 in lost opportunity income as I am doing thsi reserch full time for the past 10 years, and RM116,000 of grant we had won from Cradle Fund Sdn Bhd. So far we had not made any sales yet. As we do not have any capital to kick start the business.We are trying to raise RM200,000 to RM2million.Investor can invest from RM50,000 per investment.Hopefully we can pool a few people to make up RM200,000 or even RM2million soon. Our above invention had won the highest marks in a local Competition that gives out RM500k as prize money, however sadly we did not get the money as we had refused to give 60% of our company share as bribe to one of the judges.This proves my integrity and honesty.And yes we can proves this claim as we have all the proof.That guy has already been terminated after a a report was made to the CEO and a Domestic Inquiry held. |
| Funding Milestone |
We are hoping to raise between RM200,000 to RM2million.
Our company is eligible to apply for a Commercialisation Grant from MTDC (Malaysia Technology Development Corporation) worth RM500,000 and RM4million. However they wanted to see us having at least 30% of the applied amount before they could consider our application. If we can get funding of RM200,000, we can then apply for the RM500,000 grant and then use the money as capital to buy stocks for re-sale and also as operation cost for salary, shop rental etc.And if we can raise RM1 or RM2 million, we can then apply for the RM4million grant. In both cases, if we managed to get the grant, we can then pay back the invented amount very fast, probably within 6months to 1 year back to the investor. |
| % Equity Allocation | If invest RM200,000 we will give 4% equity and if invest RM2million will will allocate 40% shares. |
| Expected ROI | Expected ROI to investor : 1st year=(0.9 times), 2nd year=(10 times), 3rd year=(18times). This is because we plan to open 10 new overseas branch each year.We can email to u the cashflow forecast for you to see if this is achievable and logical based on assumption if we can sell 200 canning sets a month in all countries we operate. |
| Risks and Mitigation |
Risk of Investment.
1) Risk of new and cheaper competitor. 1a) Mitigating factor -Our sterilzer is the only one in the world that is gasket less on the cover, this saves lots of money for buyer as it needs no constant replacement. Our sterilizer is the quietest/silent in the world, our sterilizer really proven with a high temperature data logger able to reach temperature of 121 degree celcius. Most cannot reach that temperature.Our sterilizer has been tested for 10 years already and has passed UTM test on 5 critical areas. 2) Risk of investor not able to monitor or control their investment. Some investors will be offered board member and some even as cheque signatory if one were to invest the maximum of RM2 million. We will give audited accounts to all investor as required under the law.Management account can also be given or requested. |
| Exit Strategies | We plan to list our share in Bursa Malaysia under appropriate listing once we are qualified in 3-5 years times. |
| Company Name | EAZY CANNER SDN BHD |
| Website/Facebook | http://www.eazycanner.com |
| Business Address | 16 Lorong 5, Jalan Sentosa,Kampong Dato Onn,80350 Johor Bahru, Johor |
| Contact Person | Abdul Rahman Bin Muhammad |
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