EcoPlanet Bamboo is an innovative forestry company focused on integrated bamboo plantations and associated processing. We focus on the provision of a secure and certified source of fiber for timber manufacturing industries and markets globally. We currently operate in Central America, Southern and West Africa.
Bar Works is a company that buys retail spaces, converts them and rents them out as co-working offices. Renwick Haddow, the man behind the Capital Alternatives network of scam companies is a “key figure” behind Bar Works, according to an article on The Real Deal website. Bar Works, meanwhile, claims that Haddow is just a consultant to the company.
The Eco Resources Fund was launched in July 2012 in the Isle of Man. Via a special purpose vehicle called ERF Limited, the Fund invested in bamboo plantations in Nicaragua and South Africa. The bamboo plantations are run by EcoPlanet Bamboo.
A couple of weeks ago, a REDD-Monitor reader sent me an email. I’ll call him Jack. “Have you seen the website alternative-investing.uk?” Jack asked. “I think it could be a scam site given the track record of these types of things.”
EcoPlanet Bamboo runs bamboo plantations in Nicaragua, South Africa and Ghana. A UK company called EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” with a promise of “a 500% return on investment over a 15 year period” on an investment of US$50,000. But in December 2015, EcoPlanet Bamboo wrote to bondholders to tell them that their investment was not doing particularly well.
In 1987, Sheryl Sturges was Director of Strategic Planning at AES Corporation, the US-based energy company. AES was planning to build a new 181 MW coal-fired power plant in Connecticut. But the company’s CEO, Roger W. Sant, was worried about climate change.
A company called EcoPlanet Bamboo (UK) Ltd launched a “bamboo bond” in 2011. Investors were encouraged to hand over their money, which would be used to establish bamboo plantation in Nicaragua.
Camille Rebelo, one of the co-founders of EcoPlanet Bamboo, claimed that an investment of US$50,000 would see a return of 500% over 15 years. “It’s a guaranteed return to the investor”, she said.
In January 2016, Thorn Medical, a healthcare company, announced that it was planning to list “within the next two months” on the London Stock Exchange with a valuation of £350 million. In February 2016, Lord Beaverbrook joined Thorn Medical as Chairman. In October 2016, Thorn Medical wrote to its shareholders to tell them that the company had withdrawn from its listing on the London Stock Exchange, but that a related US company would list on the Nasdaq Stock Exchange in January 2017.