Blue Mahoe Capital

Blue Mahoe Capital Caribbean is an impact investment firm focused on providing access to investment opportunities in the Caribbean

[Blue Mahoe Capital @BlueMahoeCap]

Blue Mahoe Capital can now sell shares to US persons - https://t.co/WmrULvINtw

[David Mullings 🇯🇲 @davidmullings]

For generations, the diaspora has supported home. Now there is a way to move beyond remittances and consider owning part of what gets built.

Blue Mahoe Capital is on a mission to make it easy for the Caribbean Diaspora to invest back home, starting with real needs like housing.

Learn more at https://t.co/BB2lXkfeCA

#diasporacapital #caribbeancapital #investcaribbean #islandforward

[David Mullings 🇯🇲 @davidmullings]

We chose unconditional grants because we felt that the business owners knew better than us what they needed money for.

Big thanks to BREDS for being such a great partner for the Blue Mahoe Charitable Foundation.

Small start but a start nonetheless

https://t.co/wYFGqd7tpE

[Blue Mahoe Capital @BlueMahoeCap]

Blue Mahoe Capital has entered an agreement to acquire land for phase 1 of an affordable housing development in Yallahs, Jamaica.

Our Chairman and CEO @davidmullings is quoted in this @televisionjam1 news report.

#Jamaica #movingforward

https://t.co/QxKGPr3HSF

[SuperCrowd @TheSuperCrowd]

🏡 Jamaica needs 150,000 homes. @bluemahoecap is building climate-resilient, affordable housing while inviting investors to create lasting impact through @SPPXIO.

Details: https://t.co/fmi3BXP01g

#ImpactInvesting #Housing @davidmullings #Jamaica

[David Mullings 🇯🇲 @davidmullings]

Blue Mahoe Charitable Foundation. Donors, THANK YOU. The cameras may have moved on. We didn't.

Months after Category 5 Hurricane Melissa tore through Jamaica , 

WE DELIVERED.🙌🏼✨️💙

Blue Mahoe Charitable Foundation x
BREDS Treasure Beach Foundation 

Together, we have disbursed our first 10 unconditional grants to small businesses in the Treasure Beach area.

No debt. No strings. Just real support for real people rebuilding their lives.

FROM CRISIS TO COMMERCE 

🍽️ Restaurant owners who couldn't reopen their kitchens

🎣 Fisherfolk whose boats and gear were destroyed 

🛒 Shop owners who lost everything on their shelves

🌴 Tourism workers who had nothing left to offer visitors

🥘 Food vendors who couldn't afford to start again

WE DELIVERED. And we're not done.

More grants are coming, but only with your help. 

Every donation funds the next business. The next family. The next comeback.

👉 Donate now: https://t.co/ZUA8cnZbQB

#BuildBackJamaica #UnconditionalGrants #TreasureBeach #BMCF #BREDS

[David Mullings 🇯🇲 @davidmullings]

Too many hardworking Jamaicans still struggle to afford a decent home. Blue Mahoe Capital Caribbean was built to widen access to investment while backing projects that matter. This offering is designed to let more people participate, subject to the offering terms. Review the materials, understand the risks, and decide whether this mission fits your goals.

https://t.co/cK3knTjQKv

[David Mullings 🇯🇲 @davidmullings]

Yallahs progress from last site visit this year. Follow up visit end of this month and I will share more progress updates.

We believe in transparency and good investor relations communications.

[David Mullings 🇯🇲 @davidmullings]

The next milestone that I am excited for is announcing a land acquisition ON the balance sheet that adds significant stockholders equity and gets us that much closer to qualifying for the listing.

Then the next milestone I look forward to is announcing that we meet the minimum.

The biggest milestone though will be handing over keys to the owners of the first house that we finance. I look forward to the smiles on their faces when they can finally say that they were able to buy a good house in their own country and begin to build equity.

That milestone is the one I care the most about.

[David Mullings 🇯🇲 @davidmullings]

Very few people will notice this part but I felt that it was important to include.

The company is not designed to build wealth for me by paying me a salary. I should be in the same boat with my shareholders and if they feel pain then I should feel more pain!

To ensure total shareholder alignment we have a single class of stock with 1 vote each; a voluntary lock up period for me of 365 days and THEN another voluntary lock-up that limits my ability to cash out over 20 years.

The $1 salary upon listing, with a small one-time payout of cash, forces me to only earn money when the company pays a dividend.

This means that I only get paid when my shareholders get paid. No fancy cars for me while they wait on dividends.

No private jets and first class on the company dime or management fees while the company struggles.

Narrow focus on getting to profitability and paying dividends so that we all win.

That is how I was raised.

[Janiel J McEwan @mcewan_janiel]

18/ If even a fraction of the 70,000+ NHT-qualified Jamaicans, plus the global diaspora who want a piece of this story, back this raise, Blue Mahoe Capital has a real shot at becoming the first Jamaican-focused company built from the ground up by crowdfunded capital to reach a U.S. exchange.

[Janiel J McEwan @mcewan_janiel]

15/ Compare that to most "support Jamaica" options available to the diaspora, donations, remittances, informal investment in family land. This is a structured, audited, SEC-filed equity stake in a company building real assets, with a path to liquidity if it lists.

[Janiel J McEwan @mcewan_janiel]

14/ Why this resonates with the diaspora specifically: this is one of the only ways to put capital directly behind Jamaican economic development from anywhere in the world, in a security regulated and disclosed to the SEC, starting at $100.

[David Mullings 🇯🇲 @davidmullings]

Yes, we purchased an insurance policy that covers the principal invested by shareholders.

There is also a second key man insurance policy in there as well in case something happens to me specifically that covers a US$5m payout.

[David Mullings 🇯🇲 @davidmullings]

We own a Top 10 position in KLE Group Ltd., that isn't that big in terms of USD but we believe in the Bessa project and it has started to host paying guests so that will ramp up (ownership spread across 2 entities to avoid showing up in the Top 10 up until now on purpose).

The ownership stake has allowed us to learn a lot about what works and what doesn't when designing and building resort property in the Caribbean that will be owned by individuals and managed by a company.

Low cost to learn from the inside with some expected dividends over the medium-term and capital appreciation over the long-term.

[David Mullings 🇯🇲 @davidmullings]

Negril is actually further ahead and Yallahs could even move ahead of Old Harbour based on the recent update I got about the cutting of roads.

Site visit is scheduled for end of this month. Here is a pic from Negril of the 2br and a pic of the road being cut in Yallahs.

[David Mullings 🇯🇲 @davidmullings]

This is T-H-O-R-O-U-G-H and I wouldn't expect any less!

I am going to RT some of the things that I believe most people will overlook in our offering statement and answer his question posed near the end of the thread.

[David Mullings 🇯🇲 @davidmullings]

Excited to finally share that our Reg CF is live after being accepted by the S.E.C. last week.

This marks the second step in our planned listing to finally give the Caribbean Diaspora and other Retail investors easy access to the Caribbean.

“We need to be able to pool our capital in a regulated and transparent way to participate in the economic growth in the Caribbean region. This fresh capital allows us to move forward with housing developments in Jamaica. The Caribbean needs more homes, and we can now help to build them”

It’s a declaration that:
📣 Caribbean companies deserve global capital
📣 Everyday investors deserve real access
📣 The future of wealth creation includes us

[David Mullings 🇯🇲 @davidmullings]

My role model company for @BlueMahoeCap goes in deep on homebuilding just as we were doing the same for Caribbean housing.

Coincidence but a reminder that when you understand a recipe, you don't need to wait to see what the role model does next because you already understand the thinking.

[David Mullings 🇯🇲 @davidmullings]

Prime Minister of Jamaica @AndrewHolnessJM said that #Jamaica needs about 150,000 houses and we at @BlueMahoeCap are focused on being part of the solution, especially affordable housing across the island.

#impactinvesting #affordablehousing #diasporadirectinvestment