white book on the golden husk project - dragonlg.com · capitalization 2.1.3. cooperation with...

Dragon Lakshme Group Co., Ltd

White book

on the Golden Husk project

Thailand, 2019

Dragon Lakshme Group @ 2019

White book on the Golden Husk project

Contents

1. Development plan

1.1. Introduction

1.2. Current state

1.3. The company’s methods

1.4. Route map

1.5. Goals and Vision

2. Marketing Plan

2.1. Market analysis

2.1.1. Our competitors

2.1.2. Capitalization

2.1.3. Cooperation with private investors

2.2. Our uniqueness

2.3. Маrketing strategy

3. Financial plan

3.1. Investment proposal

3.2 Accounting policies and financial controls

3.3 Dividend policy

3.4 Capitalization of the company

4. Official documents

5. Our team

6. Contact



1. Development plan

1.1. Introduction

Dragon Lakshme Group was founded in 2018 by entrepreneur Dmitry

Chernyshev and Professor of Chemical technology University Alexander Gladyshev.

Invite investors for equity participation in promising project from the company

Dragon Group Co Lakshme., Ltd at a rate of 150’000 for each 1% of voting shares in

the availability of 45% of the company's shares.

By launching the ICO, we provide an opportunity to make money on our project to

private investors. They can buy our GHC (Golden Husk Coin) crypto coins, which we

commit to buy back in 36 months with an x2 ratio, and also voting shares.

The investment funds will be used for the purchase of land in the economic

zone of AMATA, the acquisition of the necessary equipment and the implementation

of activities in the first phase of the project.

According to the financial plan, the break-even point will be passed in the 4th

quarter of the project, in the 6th quarter the monthly profit will be $ 1’200’405. ROI of

the project at the end of 12 quarters will be – 319%

The aim of the project is to build a factory and a whole group of chemical and

technological enterprises around our Third generation furnaces operating on the

basis of the Vortex Pyrolysis Reactor. After all, only we managed to solve the problem

with the ability to make the reactor continuous.

To achieve these goals, it was decided to start attracting investments in the

amount from 3 to 15 million us dollars.

"To understand the potential of our development You need to

imagine a furnace in which You throw three shovels of garbage, and

as a result get a bucket of Oil. And only You decide whether You will

collect these buckets in a tanker for sale or whether you will process



this oil into a variety of products and earn hundreds of millions of

dollars in profit on the subsequent sale of them…»

D. Chernyshev

Founder and Manager of the “Golden Husk project”

1.2. Current state

Currently, the "Golden Husk" Project from the company Dragon Lakshme Group

is in the following state:

- Fully confirmed and tested in the laboratory theoretical basis for the possibility

of obtaining SiO2 purity of 99.9% without the use of acids and other chemical

oxidants, except of heat handling.

- Complete technical documentation for the industrial production of v3.0

generation Furnaces capable of producing up to 320 tons of products per month.

- Made in metal and produced a full cycle of firing and afterburning in the test

mode of Furnaces generation V 3.0.

- The uninterrupted(continious) operation of the vortex pyrolysis reactor is

proved.

- Production in industrial volumes of ash of rice husk with carbon content not

higher than 3% is proved. (the best industrial indicator in Russia)

-Production in industrial volumes of SiO2 with purity of 99.9% without the use of

acids, but only by afterburning purity of 96.2%

The efficiency of the cube-condenser of pyrolysis gases in the Bio fuel oil in

volumes up to 400 tons per month by burning up to 2,000 tons of rice husk - the

Project "Golden Husk" was examined by the BOI in the Department of foreign

Investment Protection of the Kingdom of Thailand and was awarded the highest

category "A". This duty-free import of equipment and raw materials, tax benefits up



to 3 years, the possibility of opening a Company with 100% foreign capital.

Employment of foreign workers without restrictions.

- Created and launched project website- www.dragonlg.com

There is a registered Company Lakshme Dragon Group Co., Ltd., with an

authorized capital of one million baht.

1.3. Company methods

To understand and believe in the feasibility of our project, you should first

understand what we are going to produce.

1.3.1. Low carbon ash

In the metallurgical industry, when melting metals, a ladle with molten metal

typically travels a distance of at least 1,000 meters from the furnace to the spill.

During the movement of the upper surface of the melt called "Mirror" due to the

large temperature difference (in the bucket to 800 C, and outside 50 C), begins to

cool quickly, which leads to significant losses of quality and volume. To prevent this,

the surface of the Mirror must be covered with a material that will work like a cork in

a thermos, preventing heat loss. But it turns out another problem, the inside scoop

temperature up to 800 C, for tube necessary material which does not melt itself. Here

to use LOW CARBON ASH, as the melting temperature of it is above 1.100 C and the

cost is extremely low compared to synthetic substitutes and possible losses.

When the amount of use LOW CARBON ASH ( LCA ) is from 300 tons to 1 million

tons of steel, you can easily calculate the volume of the market of the Kingdom of

Thailand, it is ready to consume up to 2,500 tons annually LCA.

POSCO Amata Rayong company consumes up to 800 tons/year.

It is also necessary to understand that the LCA is very accessible for packaging

and storage, and transportation does not require any additional conditions, and its

shelf life is not limited at all with the airtightness of the package.



As you know, the Kingdom of Thailand is a member of the ASEAN trade and

economic association, and the countries of South-East Asia in recent years have

demonstrated the highest growth rates of steel production in the world. As reported

at the regional conference Asia Steel Markets in Ho Chi Minh city by Subhendu Bose,

managing Director of Duferco Asia, over the past three years, the volume of steel

production in ASEAN countries raised about 60%: from 20 million tons in 2016 to 31

million tons in 2018, with a forecast for 2021 year of steel production up to 50 million

tons and therefore up to 15,000 tons/year of consumption of LCA see charts

BLUE Line shows millions tons

0

10

20

30

40

50

60

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Volume of steel production on ASEAN



BLUE line shows thousands of tons

At the same time, the entire Asian market shows a steady growth of +5.6% and is

1.2 Billion tons of steel for 2018.

1.3.2. Silicon dioxide SiO2 purity 99.9%

To understand the current role of SD in our lives, you just have to try to imagine

any dish from any cuisine in the world cooked without the addition of conventional

NaCl salt, imagined? ... that's it, they are very few and then using natural substitutes

and it's all in "home volumes". To prepare food on an industrial scale, you can not do

without salt, at least 100 grams per ton, but will have to add, the same huge role, but

only in the Chemical industry plays SiO2 of different purity. The scope of its using is

wide, from the tire industry to metallurgy and food, fertilizers and health care.

0

2

4

6

8

10

12

14

16

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

The required production volume of ash with low carbon



And that's not all, a huge number of already-made production and just opened

Start-ups can not show high results of its growth due to small volumes and as a result

of very high prices for SiO2 99.9%.

Our technology will allow us to supply more SiO2 to the market, and the lowest

cost on the market will make SiO2 more affordable, which in itself will open up

prospects for very large innovative projects and industries.

Such as:

- Rechargeable battery based on graffen from Samsung

- Solar panels based on Silicon Solar Purity N6 99.9999%

-A new range of protective coatings for building materials, increasing their

durability at times

- New generation of mineral fertilizers

- Quantum electronics based on Silicon of Electronic purity N9 99.9999999 %

And many other things that are only passing the stage of laboratory tests, but

may soon become another breakthrough akin to a flight into space.

WE PRODUCE THE FUTURE OF THE PLANET!!!

1.4. Route map

Production start-up schedule and break-even time.

Tire manufactures

60%

Paints varnishes building

materials 10%

SiO2 of Solar purity 10%

Food industry, medicine 20%

SiO2 using in production



I Q II Q III Q IV Q V Q

Purchase of land and construction of

the complex

Equipment order

Equipment production and delivery

Installation and commissioning

Full capacity output

1.5. Goals and Vision

- Build and run a factory

- Put the performance of each line up to 320 t/m SiO2 99.9%

- Build a production line for the production of Solar Silicon N7 99.99999%

- Build a technological line for the production of Silicon of Electronic purity N9

99.9999999 %

To build a production line for the refining of metals Al 99.99% aluminum and Cu

99.9999 copper%

- Build a production line for the production of Fullerenes C60 and C70, as well as

Fullerenol.

Our furnaces allow to obtain materials, the cost of which reaches $ 100,000 /t

on the market, such as refined copper Cu N6 99.9999%, at a cost of not more than $

10,000/t, and if it is crushed to nanoscale, the cost increases to $ 3,000/kg.

Fullerene C70 purity 99.99% selling price in Europe only starts from 50,000 $/kg, at

a selfcost of not more than 3,000 $/kg.

These materials and similar purity in others are the Foundation of future

technologies.

WE PRODUCE THE TECHNOLOGY OF THE FUTURE!!!



2. Marketing Plan

2.1. Market analysis

2.1.1.Our competitors

The group of companies that have according to our calculations, is more than

80% of the market of low-carbon Ash in their hands, as well as SiO2 , crystalline and

amorphous.

I would like to pay your attention to the fact that all these companies not only

receive substances, but also have a whole range of production facilities based on

them, which once again confirms the correctness of our strategy.

But they don't have our Technology!!!.

1. PPG Industries - Consortium

https://ru.ppgrefinish.com/ru/%D0%BE-%D0%BD%D0%B0%D1%81/

2. Evonik Industries, Holland (2 factories in Thailand) mainly paints and food

additives https://corporate.evonik.com/en

3. Solvay, Belgium

4. W.R. Grace, USA

5 . J.M. Huber, USA

6. Fuji Silysia Chemical, Japan

http://www.fuji-silysia.co.jp/english/

7. Tosoh Silica Corporation, Japan

http://www.n-silica.co.jp/english/

8. Madhu Silica, India

9.Oriental Silicas OSC Group, Taiwan (leading supplier of synthetic

precipitated silica)

10. Anten Chemical, China

http://www.antenchem.com/en/products/precipitated_silicas.htm

11. Cabot, USA.

http://www.cabotcorp.com/solutions#products-plus

https://ru.ppgrefinish.com/ru/%D0%BE-%D0%BD%D0%B0%D1%81/

https://corporate.evonik.com/en

http://www.fuji-silysia.co.jp/english/

http://www.n-silica.co.jp/english/

http://www.antenchem.com/en/products/precipitated_silicas.htm

http://www.cabotcorp.com/solutions#products-plus



12. IQE Group semiconductor company, UK

http://www.iqep.com/

13. PQ Corporation, UK

https://www.pqcorp.com/

14. Gujarat Multi Gas Base Chemicals, India

https://gmgbsilica.com/

15. Kadvani Chemicals, India

http://www.kadvanigroup.com/chemical/

16. Qingdao Haiyang Chemical

http://www.haiwanchem.com/

The total revenue of these companies for 2018 is about 50 Billion U.S. Dollars.

SiO2 production volumes in the world from 2010 to 2019 (forecast)

Blue line- amorphous SiO2 (thousands of tons)

Red line- Crystalline SiO2 (thousands of tons)

Note the difference in the production of Amorphous Silicon Dioxide (ASD) and

Crystalline Silicon Dioxide (CSD).

0

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4

6

8

10

12

14

16

18

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

SiO2 production volumes in the world

https://www.pqcorp.com/

https://gmgbsilica.com/

http://www.kadvanigroup.com/chemical/

http://www.haiwanchem.com/



Only our Company Dragon Lakshme Group possesses technology without acid

enrichment of SiO2 to purity of 99,9%.

"With the right approach and the right amount of investment, we can

take over the maximum possible market share of Amorphous silicon

Dioxide and its derivatives in the shortest possible time. With unique

technology and the lowest cost of production on the market, we can

repeat Huawei's breakthrough in the chemical industry.»

D. Chernyshev

Owner and Manager of the Golden Husk project»

2.1.2. Capitalization

It is not a random choice that we have chosen Amata Rayong closed

Economic Zone, which will allow us to capitalize almost 70% of the investment in the

project, namely:

- the land plot will be purchased and fully owned by the Company with 100%

foreign capital

- all production equipment will be delivered without additional duties and fees,

only delivery fee will be counted.

- there is no need to conduct additional lines electric or water supply, all

provided by Amata

- as well as selection of necessary workers

2.1.3. Cooperation with private invsetments.

In order to maximize profitability, Dragon Lakshme Group plans to cooperate

with private investors. We see this cooperation in two ways:

1. Purchase of voting shares - from 150.000 us dollars for 1% equity, but not more

than 45%



2. Option for 36 months. Under the terms of the option, the Company

guarantees payment of dividends in the amount of 40% of the option amount. The

minimum amount of the option is $ 10,000.

2.2. Our uniqueness.

The Vortex Pyrolysis reactor has been known as a technology since the middle

of the last century. Back in 1950 there were machines that had boilers instead of

engines , which burned pyrolysis gas emitted by wooden logs. Over time, this

technology has evolved to increase the volume of the boiler, as no one could make

the process closed and continuous.

The scientific director of the project Professor Alexander Gladeshev managed

the only one in the world, really, first on paper, and now in iron to solve this problem,

as well as to confirm the accuracy of theoretical calculations and long-term

laboratory and experimental design studies.

So there was a fully working Furnace generation V 3.0

The uniqueness does not end there.

Currently, there is a technology in the world that allows to burn rice husks to SiO2

with a maximum purity of 96.2%. The problem is that the remaining difference of up



to 99.9% in the amount of 3.6% includes almost 60% of Mendeleev's periodic table

elements.

Already operating factories solve this problem by corroding the remaining

impurities with acid. This method, in addition too expensive, also requires the

construction of a whole complex of facilities and waste disposal.

Our technology has no waste! And technological emissions of unburned

residue of pyrolysis gas through the testimony of the Euro devices is almost 30% below

the permissible limits.

Our technology allows us not only to care about ecology and clean

environment, we have learned to condense practically all the surplus pyrolysis gas in

the pure biological fuel oil, which with minimal cost, you can make fuel for power

plants.

More than 91.4% of all electricity produced in Thailand is generated by thermal

power plants. From 15 TPP in the country, the largest is the Bangkok TPP (15 billion

kWh). A little bit less of power is North Bangkok TPP, SouthBangkok TPP, Krabi,

Samsensk TPP and Memo. Most thermal power plants use fuel oil (75%) and gas

condensate as fuel.



The allowable volumes obtained from only one line under the condition of

burning up to 2,000 tons of husks are up to 400 tons of bio fuel per month. Selling only

this component will yield up to a million us dollars per year.

And most importantly – our technology allows you to increase the purity from

96.2% to 99.9% on the same furnace , without using of acids and other chemically

active reagents.

"Our technology will turn the whole world of chemical and

technological processes, as Steve jobs did with the

telecommunications market with his IPHONE »

D. Chernyshev

Owner and Manager of the Golden Husk project»

2.3. Marketing strategy.

"It is not enough to have a unique product on the market, we must still

be able to sell it"

Lee Yacocca.

We will look at our marketing strategy for sales on the example of our two main

products.

1. Low Carbon Ash

Description in paragraph 1.3.1., it also shows the volume of steel production in

the Asian region.

We have conducted preliminary negotiations with the purchasing department

of Posco company, annual consumption LCA 800 tons, and also with the company

Millcon Steel annual consumption from 2,000 tons.

They expressed their willingness to consider the possibility of buying LCA from our

company after taking samples of products from an established enterprise.

2. Silicin Dioxide 99.9% purity



The assessment of SiO2 market volume was carried out on the basis of identifying

the volumes of quartz, quartz sand and SiO2 production in Vietnam, as well as

analysis of import and export operations in the market.

We have considered the dynamics of the market volume of SiO2 in Vietnam.

According to the data presented, the market volume tended to grow by 7.1%.

According to market experts, Asia is becoming one of the market leaders in the

production of SiO2 in the world. The dynamics of market volume growth is about 9-

15%. The largest market share is China (40%).

The strategy of placing production in the territory of Amat Rayong was not

accidental, if we return to paragraph 1.3.2. some of the tables share the use of SiO2

shows that up to 70% of SiO2 in the form of White carbon uses the tire industry. There

are more than 10 tire companies on the territory of Amata, we have chosen two

giants, such as, Yokohama - produces up to 28,000 tires per day or 10,200,000 tires

per year and Bridgstone – produces up to 10,000 tires per day or 3,650,000 tires per

year.

Taking into account the fact that the production of each million wheels

consumes at least 800 tons of SiO2, taking into account the total production of only

these two plants, the total consumption per year will be around 11,000 tons, which

will fully load the production capacity of the Three production lines of SiO2.

Preliminary negotiations were also held with the representatives of these plants,

and they expressed their readiness to consider the possibility of purchasing SiO2 for

their needs from our Company.



3. Financial Plan

Profits

Producti

on

volume

Price

per

ton

2018-

2019 1 quarter 2 quarter 3 quarter 4 quarter 5 quarter 6 quarter

Silicon Dioxide 99,9% 320 1800 1728000 1728000 1728000

Bio fuel 400 323 387097 387097 387097

Total 0 0 0 0 2115097 2115097 2115097

Expenses

Land for development

purchase 500 000

(Know - How).

Engineering research

and launch of the

"Biofuel project"

100 000

Design at the place of

production organization

and development of

optimal equipment

configuration

68 000

Marketing 50 000 50 000 100 000 100 000

Manufacturing and

testing of equipment 500 000 350 000

Preparation of the

installation site. Delivery

of equipment to the

place of exploitation.

80 000

Conducting installation

supervision at the place

of production

organization,

commissioning,

personnel training.

77 000

Start-up and adjustment

works 12 000 12 000

Raw material 1 920 65 24 000 24 000 123 871 371 613 371 613

Utility payments 12 240 12 240 12 240 12 240 12 240

Logistics (delivery of raw

materials) 1 920 29 55 742 167 226 167 226

Invested own funds 500 000

Subtotal 500 000 1 168 000 478 240 175 240 241 853 651 079 651 079

Wage fund 91 935 91 935 91 935 263 613 263 613 263 613

Total 500 000 1 259 935 570 175 267 175 505 466 914 692 914 692

Financial result - 500 000 - 1 259 935 - 570 175 - 267 175 1 609 631 1 200 405 1 200 405

The financial result on

an accrual basis - 500 000 - 1 759 935 - 2 330 111 - 2 597 286 - 987 655 212 750 1 413 155

ROI -65% -86% -96% -37% 8% 52%



Profits

Product

ion

volume

Price

per

ton

7 quarter 8 quarter 9 quarter 10

quarter

11

quarter

12

quarter Subtotal

Silicon Dioxide 99,9% 320 1800 1728000 1728000 1728000 1728000 1728000 1728000 15552000

Bio fuel 400 323 387097 387097 387097 387097 387097 387097 3483871

Total 2115097 2115097 2115097 2115097 2115097 2115097 19035871

Expenses

Land for development

purchase 500 000

(Know - How).

Engineering research

and launch of the

"Biofuel project"

100 000

Design at the place of

production organization

and development of

optimal equipment

configuration

68 000

Marketing 100 000 100 000 100 000 100 000 100 000 100 000 900 000

Manufacturing and

testing of equipment 850 000

Preparation of the

installation site. Delivery

of equipment to the

place of exploitation.

80 000

Conducting installation

supervision at the place

of production

organization,

commissioning,

personnel training.

77 000

Start-up and adjustment

works

Raw material 1 920 65 371 613 371 613 371 613 371 613 371 613 371 613 3 144 774

Utility payments 12 240 12 240 12 240 12 240 12 240 12 240 134 640

Logistics (delivery of raw

materials) 1 920 29 167 226 167 226 167 226 167 226 167 226 167 226 1 393 548

Invested own funds 500 000

Subtotal 651 079 651 079 651 079 651 079 651 079 651 079 7 771 963

Wage fund 263 613 263 613 263 613 263 613 263 613 263 613 2 648 323

Total 914 692 914 692 914 692 914 692 914 692 914 692 10 420 285

Financial result 1 200 405 1 200 405 1 200 405 1 200 405 1 200 405 1 200 405 8 615 586

The financial result on

an accrual basis 2 613 560 3 813 965 5 014 370 6 214 775 7 415 181 8 615 586

ROI 97% 141% 186% 230% 275% 319%



3.1 Investment proposal

To implement the project at the initial stage were funded research work on the

development of new technology for burning rice husks to obtain the desired

characteristics of the resulting products with the lowest cost, conducted market

research to study the market of SiO2 in Thailand. In total, $ 500’000 was invested.

The project has clear competitive advantages. Such as:

• Availability of significant raw materials in the region;

• Lack of similar productions of amorphous SiO2 by the use of such technology;

• The use of a completely new, environmentally friendly and virtually waste-free

technology;

• Availability of a promising and extensive sales market demonstrating stable

growth of +20% annually;

• The lowest cost of finished products on the world market due to advanced

technology.

• Search and evaluation of the raw material base;

• Obtaining Amorphous SiO2 At 96.2% in industrial scale on the furnaces of

generation V2.1;

• Obtaining in the working volume of Amorphous SiO2 with purity of 99.9%;

• Production of fullerenes 310 in laboratory volumes.

• Possible measures of state support: the assignment of the project of the highest

class -A - after the examination of the BOI.

BOI - state program for the protection of foreign investment in Thailand:

* A company operating under BOI may be 100% owned by a foreign

person;

* No export and import duties for the company for several years;

* Tax holidays for several years;



* The possibility of obtaining an unlimited number of work visas and work

permits for foreigners and so on.

Invite investors for equity participation in promising project from

the company Dragon Group Co Lakshme., Ltd at a rate of

$150’000 for each 1% of shares in the availability of 45% of the

company's share.

The investment funds will be used for the purchase of land in the

economic zone of AMATA, the acquisition of the necessary equipment and

the implementation of activities in the first phase of the project.

The execution of the transaction is expected in the form of an

agreement on the exchange of assets between Dmitry Chernyshev and

investors, with the simultaneous conclusion of an investment agreement that

reflects all the features of internal relations.

In accordance with this agreement, the company undertakes to buy

out the investor's share in the company at the market capitalization price.

According to the financial plan, the break-even point will be

passed in the 4th quarter of the project, in the 6th quarter the

monthly profit will be $1’200’405. ROI of the project at the end of

12 quarters will be – 319%

3.2 Accounting policies and financial controls



The basic principles of financial accounting of the company is

determined by the following sequence of work with information:

• Continuous collection of information for the Finance Department using

a unifrom information, accounting and management system;

• Accounting for any funds in a uniform system;

• Formation of daily, monthly, annual management report for

accounting, planning, control and management of the company.

3.3 Dividend policy

In accordance with the dividend policy, the company plans to distribute

up to 50% of retained earnings starting from the 5th quarter on a quarterly

basis.

5 quarter 6 quarter 7 quarter 8 quarter 9 quarter 10 quarter 11 quarter 12 quarter Subtotal

600 202 600 202 600 202 600 202 600 202 600 202 600 202 600 202 4 801 620

3.4 Company capitalization

The main goal of the company is its long-term growth, and in the future

to offer its shares in the IPO (initial offering) and listing of its shares on one of

the world's leading exchanges.



4. Official documents



5. Our team

6. Contact

Tel.: +66-62-543-0503

WhatsApp: +66-62-543-0503

Viber: +66-62-543-0503

Line ID: 13147771324

Skype: dmitriyche13

E-mail: [email protected]

DMITRIY CHERNYSHEV

Founder & CEO

ALEXANDR GLADYSHEV

Head Technologist

MAKSYM TKACHENKO Financial communications

ALEXANDR OKHIN

Head of IT department

white book on the golden husk project - dragonlg.com · capitalization 2.1.3. cooperation with...

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