Freedom Seed Initiative Summary | January 22nd, 2017

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Transcript of Freedom Seed Initiative Summary | January 22nd, 2017

Page 1: Freedom Seed Initiative Summary  |  January 22nd, 2017
Page 2: Freedom Seed Initiative Summary  |  January 22nd, 2017

Freedom Seed Initiative…

•Current debt load is $3.3mil• If we do nothing, we will pay

over the life of the loan – $8.3mil• If we sub-divide and sell the

rear 13 acres of our property, we expect to retire our total debt

• This will free up $300,000 per year in operating capital for ministry growth• Sub-division in AA Co. costs

on average $250,000•Raising $250 thousand in

2017 will put us in a position to retire $3.3 million in debt

Page 3: Freedom Seed Initiative Summary  |  January 22nd, 2017
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