Renewable Energy and Humanitarian Investment Fund

Renewable Energy and Humanitarian Investment Fund

International Renewable Energy Facilitation Company (InREFco) has acquired relationships to facilitate the funding of their Renewable Energy and Humanitarian projects worldwide and at the same time provide a zero risk, high return investment opportunity for Sovereign Governments, Corporations and Private Investors.

$10M plus Procedure

  • Investor must show Proof of Funds for $10M or more.
  • Investor keeps their funds in their own account and under their own control at all times.
  • If the Investor uses their domestic account at JP Morgan Chase or Citibank, etc. they must send proof of funds, blocked as collateral to point at by swift MT760.
  • If the Investor elects to setup their own off shore, non-depletion account in European transaction bank, then there will be a simple internal block and no swift required.  (Assistance setting up the account will be provided)
  • An investment agreement that will show the structure of the transaction as well as the payment schedule will be issued by the licensed Fed Trader.
  • The Trader will use his own funds and credit line to leverage the transaction.  There is never any direct or indirect tie to the Investor’s principal funds or for the investments made.  The Investor is Never at risk in any way!
  • The Investor will be paid a 10% return at the end of each month for a one year minimum.  Ideally, the Investor will approve a 5 year transaction.
  • The balance of the proceeds are being used for renewable energy project development and humanitarian projects approved by InREFco and the Trader.  The Investor has no ties or responsibility to or for these projects in any way.

The minimum entry is $10M but there is no Maximum.  The 10% return may be pulled out monthly or rolled into the transaction for a compounding effect.

This can be used as a way for the Investor to generate wealth, pay off debt or to invest in other ventures.  Below is one example.

A Native American Indian Tribe owns a casino with a debt of $100,000,000.  They could take out a loan or use their own cash to pay off the debt.  Or they could invest $100,000,000 into this program.  Their funds are always in their control and they are never at risk.  Over the course of one year they will realize a return of 120% on their investment or $120,000,000.  If they paid 10% interest to use the money for the year, they would still pay off the loan and the debt on the casino and have made 10% ($10,000,000) profit for the year, all with no risk.

If the Investor has their funds in a foreign account already (China, Germany, Switzerland, etc.) there are also other Investment structures available.

Please contact InREFco for more information at jwatson@inrefco.com

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CNIGA Tribal Solar Presentation

CNIGA Tribal Solar Flyer

California Gaming Tribes use Solar projects to create a positive public image.

Indian gaming is an important part of tribal America and has paved the way for many tribes to become self reliant.  However, due to pending legislation and many state gaming compacts coming up for renewal, our Indian gaming industry may be at risk.

So how can California tribes combat looming legislation?

Much of what happens in Washington DC is a product of public perception.  According to recent polls, the positive public perception of tribes and Indian gaming is increasing.  This is very important to the longevity of this industry.  Now, more than ever, it is essential that tribes work together to show California and the rest of the nation the positive impact Indian gaming has had on America.  It is time for a unified, tribal alliance to show America and our great state how much tribes give back to this country.

Positive Press for Indian Gaming!

  At the October 7, 2010 CNIGA bi-monthly meeting, Chairman Tucker and others discussed this idea.  It was suggested that every tribe participate in putting positive ads in their local news papers to inform the public of the good that the tribes are doing.  This is a great idea and well worth the marketing dollars involved.  In addition to running news paper ads, other types of media could also be beneficial.  So how do tribes attract positive press?

Give the Public What They Want and Get Free Press!

  There are many opportunities for tribes to attract positive public attention.  One of these opportunities is Solar and other Renewable Energy projects.  Tribes were the first environmentalists, long before it was popular.  Now the country is buzzing with environmental agendas, mandates and incentives.  It is the perfect storm for tribal domination in the renewable energy revolution. Indian tribes control more than 55 million acres of land across the nation, and those lands are capable of producing an estimated 17 trillion kilowatt hours per year from solar, or more than four times the amount of electricity generated annually in the U.S. according to the U.S. Department of Energy’s Tribal Energy Program.  You’ve heard it said, “Build it and they will come”.  With renewable energy projects, that is reality.  What a great way to get free, positive press.  Build renewable energy projects on tribal land, offsetting the electricity usage of tribal casinos and other tribal businesses.  The press will eat it up.  Better yet, a renewable energy project has the ability to attract free press and be a source of ongoing marketing.  It is critical that gaming tribes show Mr.. and Mrs. Public how they are giving back to the community and are an invaluable part of California.

CNIGA Member Tribes Working Together!

  If CNIGA member tribes band together and begin implementing Solar and other Renewable Energy projects all at once, up and down the state, it will get the publics attention on a much larger scale than individual tribes on their own.  Many tribes with one purpose make a very loud voice!

Jason Watson is a consultant with Titus & Associates where he consults with Indian tribes and facilitates economic development projects on tribal land. For more information, please contact Jason Watson @ (530) 873-0308 or visit www.thetribalconsultant.com 

 

 economic development /   Indian gaming  /  renewable energy  /  public relations / tribal energy  /  tribal energy program  / tribal solar  /  tribal solar initiative  / CNIGA / Indian gaming  / gaming compact / economic sovereignty / Chairman Tucker / net-metering / investor tax credit / renewable energy credits / recs / employment tax credits / accelerated depreciation / tax exempt financing / clean renewable energy bonds / REAP grants / economic stimulus bonds / BIA loan guarantee

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Protecting Sovereign Immunity

A Tribal Nation’s Sovereignty is one of their most important possessions and affords them the right to self-govern.  This is no different than any other country or Nation in the world.  A tribe is a nation unto it’s self with it’s own unique culture, customs and laws.  The unique nature of Sovereign Nations existing within the borders of the United States and wishing to co-exist within the State and Federal governments is a delicate balance.  Tribes desire to do business in a way that meets the State and/or Federal requirements of them without losing themselves or their rights in the process.  This requires education, understanding and diligence in selecting the right strategic partners, who’s contractual agreements and advisory services are aligned with your tribes’ needs and rights.

One example of this is found in Workers’ Compensation requirements for tribes at their gaming facilities according to State Gaming Compacts. 

State Gaming Compacts require Tribes to provide a means for taking care of injured workers.  This is done in a variety of ways.  However, the two most common ways are; defaulting to the State Statutory system and limits or setting up a similar tribal system by adopting a Workers’ Compensation Ordinance.

There are many benefits of adopting a Workers’ Compensation Ordinance, such as setting limits of coverage, time lines for claims reporting and types of injuries that are covered.  Also the ability to close claims quickly and therefor save money.  I could go on and on, but for the benefit of this article, I will keep it to the point of Sovereign Immunity.

If your tribe does not have a Workers’ Compensation Ordinance for paying benefits to injured workers in your Gaming operation, you may have a breach of Sovereign Immunity.  Why you ask?  It is simple.  Choice of Law.  You see, by defaulting to the state workers’ compensation system, your tribe has simply forfeited it’s right to self-govern.  You have given the state the right to tell you how to run your business and how to pay your injured workers.  Your employees can be heard in state or local court and a state or local judge can tell you (your insurance carrier) what to pay.  It may not seem to be all that big of a deal in itself, but it is.  Recognition by the federal government as sovereign nations and the right to self-govern is the cornerstone of native America.  It is what defines Indian country.  Many tribes with larger gaming operations understand this reality and have embraced it with open arms.  As a result, they have realized great savings and have preserved their sovereign immunity.

The fix is easy.  If your tribe has not adopted a Workers’ Compensation Ordinance yet, we can provide you with several examples and advise you of important points to consider to ensure the greatest savings.  We can also walk you through the entire process and assist you to completion if necessary.

Just remember, the most important thing is to take action now.  At the very least, even if you chose to parallel the state statutory system structure of limits and time lines, adopt a basic Workers’ Compensation Ordinance.  Be sure that it states that the choice of law is the tribe or tribal court.  Remove your tribe from the jurisdiction of the state and protect your right to self-govern.  Align your tribe with a Strategic Partner that will work to protect your sovereignty.  Titus & Associates Insurance & financial Services has your interest in mind.  (530) 873-0308

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