FAQ's
1.
Can Jatropha be grown in the United States?
Yes. Due to
extensive research over the last two years we are now planting
Jatropha in selected areas of the US and Mexico.
2.
When will the first harvest be?
We project
that the first commercial harvest to be in year 2, followed
by annual harvests through year 25.
3.
Do I have to pay income tax on the increase in value
of my trees each year?
No. Even though
your trees are growing in size and value, you will not have
to report their increase in value or pay any income tax
until you actually receive the proceeds from the sale of
your Jatropha seeds.
This is unlike
many other investments where you have to pay tax on the
interest you earn each year, even if the interest is not
paid out to you.
4.
What if I need cash before my trees produce seeds
or during the 25 year term?
You have the
right to sell or transfer your trees at any time to whomever
you choose. We will be happy to assist in preparing appropriate
transfer documents. We cannot guarantee the sale or value
of your trees, but because we are constantly in contact
with tree owners and others interested in owning trees,
we will likely be able to help find a buyer for your trees.
5.
If I travel to Costa Rica or India to inspect my trees,
is the cost of my trip deductible?
You should
consult your tax advisor to answer this question. Generally,
you are allowed to deduct the transportation and lodging
costs of a trip if the principal purpose of your trip is
for business, and your purpose and activities on the trip
are well documented. Even if your trip does qualify for
a business deduction, only a portion of your food and beverage
expenses are deductible. Again, ask your tax advisor for
details.
6. How politically stable are India and Costa
Rica?
India is now
recognized as a country of major importance to the US both
politically and economically. With a growing educated
middle class the economies of India and the US are closely
linked.
Costa Rica
has enjoyed more than a century of democracy and peace.
It is the oldest democracy in all of Latin America.
Like the US, the Costa Rican government consists of three
branches, the executive branch ( the presidency and ministries),
the judicial branch ( the supreme court, and district and
appellate courts), and the legislative branch ( the assembly
or legislature).
India &
Costa Rica are governments of law, and like the US, both
constitutions guarantee human rights, private property,
and equality before the law - for citizens and non-citizens
alike.
7.
Are hurricanes a problem?
Although hurricanes
have occasionally struck the Caribbean side of Costa Rica,
an 11,000 foot mountain range runs north and south through
the center of the country, sheltering the Pacific side where
our plant farms are located. As for our farms in India,
no hurricane has ever struck in the area of our farms.
8.
Are there diseases or pests which will destroy
my trees?
We have chosen
only those varieties of Jatropha which thrive in the area
of our plantations. For added security, however, our team
of scientists and workers will continue to monitor all of
the trees, and can quiclky respond at the first sign of
any problem.
9.
What reports will I receive?
After your
trees are planted and marked in the field, we will send
you a copy of their entry into the Tree Registry, showing
the exact quantity, and planting year of your trees, and
the farm, field and rows where they are planted.
Thereafter,
we will send you copies of the Tree Owners News to keep
you informed about the farms and your tropical trees.
After each
harvest, we will send you a precise accounting of the number
of your trees harvested and the volume of seeds produced.
We will also tell you what the applicable price per
pound of seed was that we used in determining your net proceeds
from the harvest.
10.
When are the trees actually planted?
Our trees
are moved from the nurseries to the field on a semi continuous
basis in India and during the main part of the rainy season,
usually beginning in early June, after the rains have become
more regular with regard to our farms in Costa Rica.
11.
If I have other questions?
We invite
you to call or e-mail us if you would like more information,
or if you have any questions at all.