Crowdfunding Helps Raise Funds for REV Machine Purchase

Crowdfunding Helps Raise Funds for REV Machine Purchase post image

One of our alert readers informed us about a very interesting crowdfunding campaign on Kickstarter. A young man named Denis Mikhailov, raised close to $20,000 in a little over month to help him expand his line of nutritious dried meals produced with… EnWave Corp’s (TSXV:ENW – $1.19 CAD & OTC:NWVCF – $0.98 USD & Frankfurt:E4U – €0.79) REV technology.

“Born in the mountain ranges of British Columbia, Canada, Nomad Nutrition is the culmination of a lifelong pursuit of wild places and good food” says Nomad Nutrition founder Denis Mikhailov. Mikhailov, an avid hiker and mountaineer, spent years looking for the best food to fuel his body and his adventures.

On trips, with little time to prepare, he often ended up eating uninspiring pre-packaged camp meals that didn’t do much for his energy levels or his digestive system. Then one day deep in the Bugaboos, BC, Mikhailov met a mountain guide who had some of her homemade, dehydrated shepherd’s pie left over. That experience inspired Mikhailov to hit the books, comb through academic journals, and search the far corners of the internet for the best recipes and methods of dehydrating food.

After six months of research, endless recipes and a lot of trial and error, Nomad Nutrition was born, a new standard for adventure meals that are 100% natural, vegan and jammed with energy.

Shortly thereafter, Mikhailov introduced a line of gourmet meals in a bag with four distinct flavors, Hungarian Goulash, Kathmandu Curry, Irish Shepherd’s Pie and Indian Red Lentil Stew. These are all made from organic, local, GMO-free ingredients that only take minutes to prepare. Moreover, thanks to EnWave’s revolutionary REV dehydration technology all nutritional value and flavors are retained.

Meal preparation is simple. Boil water. Add it to the package. Come back in 5 minutes and you have a meal that is nutrient rich and tastes like it’s home cooked.

All foods are dried at EnWave’s facility in Vancouver, Canada under the Company’s tolling program. EnWave’s grants access to its REV machines under its tolling program at about $1,000 per day.

Nomad Nutrition Marketing

Nomad Nutrition markets its products especially towards backpackers, hikers, climbers, paddlers, hunters and anyone venturing for overnight excursions.

As such, it has already earned support from a cavalcade of local ambassadors and athletes, including Squamish action sport photographer Reuben Krabbe; 15-year-old Naomi Prohaska, an MEC athlete and the youngest to summit Canada’s highest peak Mount Logan; and climbing legend Marc-Andre Leclerc, who is opening new climbing areas in the Rockies.

While the company’s meals are already available at outdoor shops such as True Outdoors and Climb On Equipment, most of its products are ordered through its online shop.

Conclusion

Nomad Nutrition is the first company to utilize EnWave’s REV technology to produce packaged meals. Although this is on a much smaller scale, it shows that the ongoing test at the US Army to develop low weight, high quality, nutritious field rations has a high chance of succeeding. Recommendation BUY.

Smallcaps.us Advice: BuyPrice Target: $3.44Latest Company Report (pdf)
For important disclosures, please read our disclaimer.
3 comments… add one
  • Buhlz_I September 9, 2017, 3:38 pm

    How novel….a tolling program. Great report. Thank you

  • Buhlz_I September 9, 2017, 3:39 pm

    Now if Enwave will only produce a home model for the consumer

  • John Peters (editor) September 10, 2017, 9:31 am

    Hi Buhlz_I,

    I think EnWave has been offering that service for a while now, but they haven’t really announced anything about it. Nevertheless, the tolling program brings in cash.

    Cheers,

    John

Leave a Comment