70 Foxs Lane
INVESTMENT OPPORTUNITY

70 Foxs Lane
Byron Bay

A ground-breaking rural lifestyle, sport & wellness destination across 51 hectares of elevated hinterland in Australia's most iconic coastal region.

$39.1M Total Capital
11.1% Levered IRR
2.25x Equity Multiple
Discover the Opportunity

A Legacy Asset with Cultural Impact

70 Foxs Lane transforms a storied 51-hectare tropical orchard — home to over 400 exotic fruit varieties — into a world-class padel, hospitality, wellness, and regenerative-farm destination with twelve operating pillars.

Combining sport, nature, accommodation, gastronomy, wellness, and community into a single high-yielding ecosystem. Strategically positioned beside the upcoming 63km Rail Trail, minutes from Byron Bay, Mullumbimby, and Brunswick Heads on volcanic basalt soil in the Tyagarah hinterland.

The estate operates thirteen revenue pillars and has already spawned six adjacent micro-businesses — each independently valued, to be sold at exit while retained as tenants generating ongoing rental and royalty income. This is not just a hospitality project. It is a destination, a brand ecosystem, and a generational asset.

51 Hectares

Elevated hinterland with panoramic views of Wollumbin and the Nightcap Range

1.9M Visitors

Annual visitors to Byron Bay in 2024, with soaring tourism demand

First Mover

Australia's first integrated luxury farm-recreation hybrid destination

$74.89M

Undiscounted net cash returned to investor over the 13-year hold

Byron Bay Hinterland

Byron Bay & Byron Shire

Originally home to the Bundjalung (Arakwal) people, Byron Shire has become a globally recognised destination, attracting 1.9 million visitors annually and driving a multi-million dollar tourism economy.

Today, the region encompasses stunning national parks, pristine beaches, and a vibrant arts and wellness scene. Local authorities are investing heavily in future infrastructure, including the planned 132km Rail Trail connecting Murwillumbah to Casino.

70 Foxs Lane sits perfectly at the intersection of space and time — located on Foxs Lane right next to the future Rail Trail, in a moment when the region's tourism is soaring to new heights.

70 Foxs Lane Byron Shire, NSW
15 Minutes From Byron Bay
25 Minutes From Ballina Airport
35 Minutes From Gold Coast Airport

Where the Land Produces, Guests Play & Unwind, and the Community Gathers

70 Foxs Lane elevates the emerging global trend of farm-luxury retreats — authentic, design-centered, wellness-driven destinations with limited scale and high yield.

01

Sport & Recreation

Four covered, world-class padel courts with memberships, coaching, leagues, and tournaments in Australia's fastest-growing sport.

02

Hospitality & Gastronomy

A hilltop Clubhouse with farm-to-table restaurant, Bar Giacomo, Bar 77, deli, and concept store. Menus shaped entirely by what the orchard and farm produce.

03

Wellness & Longevity

Sauna, steam, cold plunge, infrared, breathwork, massage studios, and a yoga shala. Orchard-infused treatments and cold-pressed elixirs in barefoot luxury.

04

Boutique Accommodation

16 keys across two typologies — six hillside cottages on stilts and a ten-room hotel residence — in volcanic basalt, recycled hardwood, and rammed earth.

05

Regenerative Agriculture

400+ exotic fruit varieties across a mature tropical orchard. Greenhouse, nursery, and propagation facility supply the kitchen and the Picone Exotics business.

06

Culture & Community

Events, seasonal celebrations, art installations, live music, and a membership ecosystem that turns the estate into a gathering place, not just a retreat.

07

Modern Elders Living

A buy-in lifestyle residency program for 25 Modern Elders — offering permanence, community, and access to all estate amenities on a long-term agreement.

08

Rail Trail Destination

Direct access to the 63km Byron Bay Rail Trail. A dedicated cafe, Mullum Tech e-bike hub, and trail-side arrival experience capturing active tourism flow from day one.

09

Adjacent Business Ecosystem

Six independently-incorporated micro-businesses operating on-site and online — each sellable at exit, retained as tenants generating rental and royalty income.

10

Digital & Brand Platform

The 70 Foxs Lane App managing memberships, bookings, and guest experience — with Foxes Lane Apothecary and Frozen Secrets as DTC brand extensions of the estate.

The Masterplan

A destination ecosystem designed by award-winning architect Luke Chandresinghe and hospitality leader Tristan Grier, where every element is intentionally crafted.

The Clubhouse & Restaurant
01

The Clubhouse, Restaurant & Bar

The epicenter of the estate — a soaring sanctuary overlooking the pool and padel courts. Featuring a premier farm-to-table restaurant, Foxs Bar & Lounge, curated concept store, deli, and spaces crafted for connection. Menus shift with the seasons, shaped by on-site gardens and local producers.

The Padel Courts
02

The Padel Courts

Four covered, world-class padel courts purpose-designed for performance and luxury. Nestled within the hillside overlooking the vast landscape, with premium changing rooms, coaching programs, and competitive leagues. The fastest-growing sport in the world, now in Australia's most iconic setting.

The Pool
03

The 25m Magnesium Pool

At the heart of the clubhouse, a heated magnesium pool offers 250 sqm of pure relaxation. With shallow lounging areas, expansive decking, and seamless integration with the restaurant and bar — designed as both a tranquil retreat and a vibrant social hub with unparalleled views.

Wellness & Longevity Retreat
04

The Wellness & Longevity Retreat

State-of-the-art saunas, ice baths, infrared panels, breathwork spaces, private massage rooms, and a yoga shala. Finished in warm timber, raw stone and soft filtered light. Orchard-infused treatments and cold-pressed elixirs complete a barefoot luxury wellness experience.

The Cabins
05

Boutique Accommodation

16 keys across two accommodation typologies — six standalone cottages elevated on stilts over the hillside to capture panoramic hinterland views, and a ten-room boutique hotel-style residence. Volcanic basalt stone, recycled hardwood, and rammed earth finishes frame rooms that dissolve into the orchard landscape. Designed by Luke Chandresinghe of Undercover Architecture.

The Orchard
06

The Orchard, Greenhouse & Nursery

Over 400 exotic fruit varieties across a storied tropical orchard. The greenhouse and nursery supply fresh, hyper-local produce directly to the kitchen. Guided tours, workshops, and regenerative farming practices create a living paddock-to-plate story.

A World-Class Architect. A Signature Project.

Luke Chandresinghe

Undercover Architecture — Founder & Principal
Education Bartlett School of Architecture, UCL — ranked among the world's top three architecture schools
Practice Hopkins Architects, London — a Stirling Prize-winning practice known for civic and cultural landmarks
Fellowship Japanese Government Scholarship · Deep research into Shinto spatial philosophy, wabi-sabi material honesty, and the architecture of impermanence
Practice Focus Craft-driven, land-responsive architecture for hospitality, wellness, and lifestyle destinations — from concept through to construction
"The land always has the first word. At 70 Foxs Lane, every line drawn begins with listening — to the slope, the canopy, the wind, and the stone already in the ground. Architecture should disappear into the place it serves."
— Luke Chandresinghe, Principal, Undercover Architecture
10 Built Pillars Masterplanned
51ha Site Footprint Designed
3 Material Families — Basalt, Hardwood, Rammed Earth
Clubhouse & Pool
01

Clubhouse & Pool

A place for gathering. Where the rhythm of collective life unfolds.

Open verandas, shaded terraces, and wide thresholds dissolve the boundary between building and landscape. The Clubhouse is the social heart of the estate — a point of arrival where activities intersect. Architecture creates a gentle framework; social life unfolds naturally within the rhythms of climate, light, and landscape.

Restaurant
02

Restaurant

A place where food, place, and people meet.

The kitchen draws directly from the orchard and nearby farms. Menus shift with the seasons. Guests seated at the table can look across the landscape and see the very fruits that will appear on their plate — cultivation and consumption made visible. The restaurant is a meeting point between land, food, and community.

Deli
03

Deli

A neighbourhood place for everyday nourishment.

Fresh loaves, seasonal produce, hand-made preserves, and specialty coffee in a space designed for daily ritual. Drawing from European salumeria and French épicerie tradition, the Deli sits at the intersection of the Rail Trail and the estate — a natural stopping point for cyclists, walkers, and locals alike.

Concept Store
04

Concept Store

A space where objects are curated, not simply sold.

Objects are selected for their relationship to the estate, to the craft traditions of the region, and to each other. Ceramics from the on-site Ceramics Pavilion, textiles from the Indigo Pavilion, and natural materials drawn from the land — the store becomes less about transaction and more about encounter.

Spa
05

Spa

A place devoted to rest, healing, and renewal.

Drawing from Roman bathhouse sequencing and Japanese onsen philosophy — sauna, steam, cold plunge, infrared, and the 25m magnesium pool. Thermal contrast therapy, mineral-rich water, and orchard-infused treatments. Materials are natural and tactile; lighting remains soft; sound fades to stillness.

Shala
06

Shala

A space for practice, presence, and stillness.

The shala is a quiet, open structure within the landscape — the word meaning "house" in Sanskrit, a place of return. Oriented to capture the first light of morning, it provides a minimal framework for breath, movement, and meditation. Architecture supports practice rather than dominating it.

The Lab
07

The Lab

A space for experimentation, research, and making.

Five distinct branches — the Ceramics Pavilion, Indigo Pavilion, Dark Room, Apothecary, and Screening Space — form a network of craft and knowledge exchange. The Lab sits at the intersection of workshop, studio, and agora. From it, creations and discoveries are shared across Foxs Lane and beyond.

Orchard
08

Orchard

A landscape shaped through planting, time, and care.

400+ exotic fruit varieties cultivated across 50 hectares of mature tropical orchard. The orchard is a system in motion — seasonal cycles overlapping, bees connecting trees across the canopy, harvest flowing directly into the kitchen, the Deli, and the Picone Exotics business.

Padel
09

Padel

A game of movement, rhythm, and exchange.

Four covered, world-class courts set within the hillside with views across the hinterland. Glass and mesh walls make the game visible from outside. Day-to-night lighting preserves the calm of the surrounding ecology. Padel is the fastest-growing sport in the world — arriving at Australia's most iconic setting.

Accommodation
10

Accommodation

A place to step away, and to return to oneself.

16 keys across two typologies — six hillside cottages on stilts and a ten-room hotel residence. Structures placed lightly on the land in volcanic basalt, recycled hardwood, and rammed earth. Each cabin offers privacy, terraced connection to the landscape, and a morning defined by light and silence.

Materials from the Land

Volcanic basalt sourced on-site, recycled Australian hardwood, hand-formed rammed earth walls, and raw bamboo — no material imported that could be grown or quarried within the shire.

Low-Impact Footprint

All built forms sit lightly on the hillside — elevated on stilts or set into the slope, preserving flood-plain land and the existing root systems of the mature orchard below.

Passive Solar & Cross-Ventilation

Every building is orientated north-east to capture prevailing breezes and maximise afternoon shade. Deep eaves and louvred screens eliminate mechanical cooling across the accommodation typologies.

Designed to Disappear

Rooflines follow the canopy line. Colour palettes draw from the soil, stone, and bark of the orchard itself. The aim is that from above, the estate reads as landscape — not architecture.

Why Now, Why Here

$120B+

Global Wellness Tourism

The wellness and lifestyle tourism sector is booming globally, with accelerating demand for experiential, wellness-led travel.

30-70%

Premium ADRs

Farm-luxury retreats command 30-70% premiums above regional averages through authenticity, design, and exclusivity.

1.9M

Annual Visitors

Byron Bay attracted 1.9 million visitors in 2024, yet the hinterland remains underserved for premium integrated experiences.

63km

Rail Trail

The upcoming Rail Trail passes directly by the site, creating a new flow of active leisure tourists to the doorstep.

A Compelling & Resilient Opportunity

The 70 Foxs Lane Forecast — a 13-year model with senior debt financing. The capital structure provides de-risked exposure to both the land (PropCo) and the operating business (OpCo), with $1.47M annual preferred return and strong exit proceeds at Year 10.

Current Asset Valuation — Day One
$15,000,000

The investor enters against an independently-supported $15M asset base before a single dollar of development capital is deployed. At $39.1M total project cost, this represents a conservative entry — more than half the current value is hard, debt-free property confirmed by three independent real estate opinions.

Picone Farm — 50ha RU2 Property Asset valuation confirmed by McGrath Northern Rivers, Pacifico Property & Atlas Real Estate. Land ($4.2M) + 800sqm main dwelling ($3.1M) + cottages, shed & cabin ($1.2M) at replacement cost. Currently generating $420,880 NOI p.a. from short-stay accommodation and orchard trading.
$8,500,000
Architectural IP, Master Plan & DA Approvals Commissioned master plan drawings, existing DA approvals (visitor cabins, food growing, wellness, courts), development rights under Byron LEP 2014, and the full design and planning package required for construction commencement. Value is in time, cost and certainty — these approvals took years to accumulate and cannot be replicated without material delay.
$1,800,000
Six Micro-Business IP — Brands, Websites & Commerce Foxes Lane Apothecary (IM published, $220K founding round, DTC brand in development), Picone Exotics propagation business (Financial Memorandum V1 + Information Memorandum V2), Harvest At Home, Mullum Tech, Frozen Secrets, and 70 Foxs Lane App — each with registered identity, digital infrastructure, subscriber or customer base, and standalone investability.
$2,200,000
Picone Exotics — Capitalised Trading Business The orchard is a live, revenue-generating business: four farmers' markets (Byron, Mullumbimby, New Brighton, Bangalow) producing $134,400 gross p.a. Capitalised at a modest 5x revenue multiple, inclusive of the propagation nursery's genetics catalogue — rare tropical cultivars unavailable commercially elsewhere in Australia.
$1,500,000
Long-Term Tenant Value & Lease Premium Existing permanent residential tenancies, long-term agricultural licence agreements, and the Rail Trail adjacency premium. These income-producing agreements reduce holding costs during the construction window and provide a base NOI floor throughout the development phase.
$1,000,000
Capital Raise Structure
$40M Across Four Tranches

A milestone-gated capital raise structured to protect the investor at every stage. Each tranche unlocks only on delivery of the preceding phase — with real security, reducing risk, and equity claw-back mechanisms built in from day one.

Tranche 1
$10M
Day One · Pre-Development Approval

Deployed on close against the $15M current asset valuation. Funds site preparation, master planning, consultant fees, and DA lodgement costs to carry the project through to Development Approval Stage 1.

Security Package
  • PPSR registration over all business assets
  • First-ranking charge over Picone Farm ($8.5M)
  • Charge over all micro-business IP & e-commerce
  • 50% opening equity position
Tranche 2
$10M
Development Approval 1 · Construction

Triggered on receipt of Development Approval Stage 1. Funds civil works, infrastructure, six cottages, padel courts, and deli/restaurant fit-out — establishing the estate's first revenue pillars and carrying to Development Approval Stage 2.

Milestone Trigger
  • Development Approval Stage 1 confirmed in writing
  • Construction contract executed with builder
  • Micro-businesses generating pre-opening revenue
  • Updated security registered over completed works
Tranche 3
$10M
Development Approval 2 · Completion

Triggered on receipt of Development Approval Stage 2. Funds the hotel residence, wellness spa, pool, expanded restaurant, and all remaining works to take the estate to full practical completion and opening.

Milestone Trigger
  • Development Approval Stage 2 confirmed in writing
  • Hotel construction commenced on programme
  • Founders exercise first 25% equity claw-back
  • Independent valuation of estate at completion
Tranche 4
$10M
Working Capital, Brand & Scale

Deployed at opening to fund the CY 2029 ramp period, then into Op Years 2–3 for micro-business brand builds, DTC channels, and wholesale expansion. Self-liquidating — as operating revenue replaces WC, equity claws back proportionally.

Collateral & Unwinding
  • Collateralised against investor equity position
  • Equity claw-back as WC is replaced by operations
  • Apothecary DTC & Picone nursery commercialisation
  • Final claw-back on full WC replacement at exit
Equity De-Risk Mechanism
Day One
50%
Investor opens at 50% equity — above standard, compensating for early-stage risk and providing maximum security coverage across the pre-DA period.
Project Completion
25%
On full completion (Tranche 3 deployed, DA 2 received), founders exercise a 25% claw-back. Investor settles at 25% — a strong long-term position in a mature, income-producing asset.
WC Replacement
Settled
As the $5M working capital facility is replaced by operating revenue, remaining equity claw-back executes proportionally — aligning investor returns with the operating business's own success.

The claw-back structure is not a penalty — it is a reward mechanism that activates only when the project delivers. If milestones are not met, equity does not claw back. The investor retains maximum coverage until the asset earns its way to a settled position.

Capital Structure · V7

Total Capital (Site + Build + Fees) $39.1M
Senior Debt Drawn (5.0% all-in) $42.41M
Construction Window 2026–2028
First Full Operational Year CY 2030
Annual Preferred Return $1.47M
OpCo Profit Split (above pref.) 50 / 50
Investor Share at Exit (Yr 10) 50% Net Exit

Return Profile · 13-Year Hold

Levered IRR (Pre-Tax, AUD) 11.1%
Equity Multiple 2.25x
Net Cash to Investor (13Y) $74.89M
Op Yr 1 Revenue (CY 2030) $27.0M
Op Yr 4 Revenue (CY 2033) $33.4M
Op Yr 8 Revenue (CY 2037) $41.7M
Net Margin (Yr 1 → Yr 8) 22% → 24%

Revenue Trajectory · Operational Years

Op Yr 1 · 2030 $27.0M 22% Net Margin
Op Yr 4 · 2033 $33.4M 22% Net Margin
Op Yr 8 · 2037 $41.7M 24% Net Margin
Exit · 2038 $74.89M Net to Investor

Op Year 1 Revenue by Pillar · CY 2030 · $27.0M

F&B — Restaurant, Bar Giacomo, Bar 77
29% · $7.8M
Accommodation — 16 Keys
25% · $6.75M
Membership + Direct-to-Consumer
10% · $2.7M
Wellness, Spa & Yoga Shala
9% · $2.43M
Padel Courts & Coaching
9% · $2.43M
Picone Orchard, Propagation & Nursery
9% · $2.43M
Adjacent Co. Rents, Royalties & Events
9% · $2.43M

Note: Padel court-hire revenue modelled conservatively at zero pending operator input. Spa treatment volumes also below commercial settings pending operator review. Both lines expected to increase materially on revision.

Staged, Low-Impact Rollout

Stage 1 | 2026–2028 · Construction

Build & Pre-Opening

Low/No DA Required to Start

  • Picone Orchard & propagation nursery activated
  • 6 farm-stay cottages (Stage 1 keys)
  • 4 covered padel courts
  • Deli, concept store & micro-restaurant
  • Harvest At Home delivery list activated
  • Rail Trail access point established

Early revenue stream before full DA — community anchoring from Day 1

Stage 2 | 2029 · Ramp

Partial Year Ramp-Up

CY 2029 — Pre-Operational

  • 10-key hotel residence opens
  • Full restaurant + Bar Giacomo + Bar 77
  • Spa, yoga shala & wellness studios
  • Membership program launch
  • Mullum Tech e-bike hub opens at Rail Trail
  • Apothecary & Frozen Secrets DTC live

Ramp year before first full P&L year in 2030

Op Year 1 | CY 2030

First Full Operational Year

13 Revenue Pillars Fully Live

  • $27.0M revenue · 22% net margin
  • 16 keys at full occupancy model
  • All F&B outlets at capacity
  • 6 adjacent micro-businesses as tenants
  • Modern Elders buy-in program live (25 residents)
  • Rail Trail tourism flow at peak

Net margin grows from 22% (Yr 1) to 24% (Yr 8) as model matures

Six Micro-Businesses. Spawned, Acquired & Retained.

70 Foxs Lane has already seeded and acquired six independent micro-businesses that operate within and around the estate. Each will be independently valued and sold at exit — while remaining as estate tenants, generating ongoing rental income and royalty streams back to the PropCo.

01

Picone Exotics

Agriculture · Propagation · Farmers' Markets

The founding business of the estate. A mature tropical fruit orchard on 50ha at 70 Foxs Lane, Tyagarah, currently trading four farmers' markets — Byron, Mullumbimby, New Brighton, and Bangalow — generating $134,400 gross p.a. from the orchard alone. The property holds an $8.5M asset valuation confirmed by three independent opinions (McGrath Northern Rivers, Pacifico Property, Atlas Real Estate). A standalone commercial propagation nursery — grafting rare tropical cultivars unavailable anywhere else in Australia — is being developed as a separately investable business with its own Financial Memorandum and Information Memorandum.

Tenant Rent + Propagation Royalty
02

Harvest At Home

Farm-to-Table · Food Delivery · DTC

A farm-to-table food and deli delivery brand serving the Byron Bay and Northern Rivers region. Operates from the estate's commercial kitchen and deli infrastructure. An existing subscriber list provides a ready Day-1 revenue base. Harvest At Home captures the premium home-delivery wellness food market adjacent to the on-site restaurant.

Tenant Rent + Kitchen Revenue Share
03

Mullum Tech

E-Bikes · Mobility · Rail Trail

An electric bike and mobility rental operator positioned at the estate's Rail Trail access point. The 63km Rail Trail passes the front gate — Mullum Tech captures the active leisure tourist flow as a hire hub, guide operator and mobility logistics provider. First-mover on one of regional Australia's most anticipated trail infrastructure projects.

Tenant Rent + Trail Revenue Share
04

Foxes Lane Apothecary

Skincare · Botanicals · DTC + Wholesale

A skincare brand with a farm behind it. Three founding collections formulated from estate-sourced botanicals — tallow, orchard fruit, and distilled plant extracts — from 51 hectares of Byron hinterland. Positioned against Aesop, Cowshed, and Augustinus Bader, with a ten-pillar credibility engine anchored in the Picone provenance story. Revenue model shifts from on-site retail (80% Year 1) to DTC-dominant (62% Year 10) with a wholesale arm scaling to 20% at maturity. Founding round: $220K. Has its own full Information Memorandum (revised May 2026).

Tenant Rent + Brand Royalty
05

Frozen Secrets

Pre-Packed Frozen Fruit · DTC Delivery · Subscription

Pre-packed frozen exotic fruit — portioned and ready for smoothies, meals, ice creams, and desserts — delivered direct to your door. Sourced entirely from the Picone Exotics orchard, each pack carries flavours unavailable through any commercial supplier. A subscription-first DTC brand with zero waste, minimal processing, and a product base that cannot be replicated outside the estate.

Tenant Rent + Product Royalty
06

70 Foxs Lane App

Technology · Membership · Guest Experience

A proprietary guest and member app managing bookings, padel court reservations, wellness scheduling, event discovery and estate navigation. Becomes the digital front door for the Foxs Lane membership ecosystem. Carries long-term platform value as a white-label product licensable to other rural luxury venues across Australia.

Tenant Licence + Platform Royalty

Each business is independently incorporated, separately valued, and structured for sale at exit while contractually retained as an estate tenant. This delivers three layers of return to the PropCo: rental income during operations, sale proceeds at exit, and ongoing royalty income post-sale — a compounding value engine embedded within the master investment.

Defensible Advantages

First-Mover Status

The first integrated luxury farm-recreation destination in Australia, capturing an underserved market.

Multi-Pillar Revenue

Thirteen synergistic revenue pillars — F&B, accommodation, wellness, padel, orchard, membership, adjacent co. rents, and more — with different seasonality and growth curves, providing stability and resilience.

Authentic Provenance

Legacy tropical orchard with 400+ fruit varieties, rooted in genuine agricultural history, not staged aesthetics.

Prime Location

Beside the Rail Trail with strong tourism flow, easy highway access, and proximity to two international airports.

DA-Aligned Development

Low-impact development on RU2 Rural Landscape zoning, with a staged approach that de-risks approval.

Scalable Brand

Future potential for franchising, product lines including apparel, wellness products, farm produce, ceramics, and art.

Led, Curated & Managed by its Founders

TG

Tristan Grier

Hospitality & Operations

Proven hospitality leader behind Harvest Newrybar, Sparrow Coffee, and Barrio. Deep roots in Byron Shire's food and hospitality scene, with a personal connection to the Foxs Lane estate through family heritage.

LC

Luke Chandresinghe

Architecture & Design

Award-winning architect and founder of Undercover Architecture. Bartlett School alumnus with experience at Hopkins Architects and a scholarship to Japan. Brings craft-driven design innovation and placemaking expertise.

Equity Partner

EXPI

Neo Banking & Investment Structure

EXPI brings its innovative neo banking platform and investment structuring expertise as an equity partner, providing the financial architecture and capital infrastructure to underpin 70 Foxs Lane's growth.

"Together, we envision a dynamic hub where elements intertwine: stunning accommodation with panoramic outlooks, wellness spaces flowing into social areas, energetic recreation meeting country club vibes — all fostering community."

Begin the Conversation

70 Foxs Lane represents a rare intersection of land stewardship, hospitality excellence, regenerative agriculture, and the fastest-growing sport in the world. We invite qualified investors to learn more.