With the exciting news of Verra accepting the Carbon Methodology Note, and with the reduced risk that this entails for the rest of the certification process, we can now open our second investment round. We will be limiting the investment slots, as we have done previously, to raise the funds we need to progress through…
We are still eagerly awaiting news on the Carbon Methodology Note, it is currently with the Verra Executive committee. In the meantime, the CRI Team is working on the following: Round 2 Investment Phase Preparation CRI intro video Graphics to visualize data from financial projections, CRI income model Engaging services of a law firm to…
Special early-stage investment tax breaks We have been in the process of clearing CRI with tax authorities in the UK for special early-stage investment tax breaks (SEIS & EIS) over the past 3 months. Last week we finally received confirmation that CRI is cleared to approach UK investors and offer shares under these schemes, which…
As part of our commitment to transparency, we will be providing you all with a monthly summary of our financial position, primary expenditure and upcoming costs. Early Investors receive a more detailed monthly financial report. We have raised $75,450 from initial investors in Phase 1 after setting our original target at $50,000. The additional funds…
The end of July is here, and we’ve just signed off another very positive Team Meeting discussing our past few weeks of work accomplished and planning our upcoming month. We are pleased to announce that we have reached our funding goals for Investment Phase 1, and are now closing off the Early Adopter opportunity! Thank-you…
Hi everyone, it is an enormous privilege and responsibility to be the CEO of Carbon Reduction Initiative Ltd, a role that I commit to pursuing with dedication and integrity! The Executive Team has great belief in this project, and hence have already put in personal funds and committed time and effort, for the following reasons:…
We hope that over the past week, you’ve all had the opportunity to check out the website and read the Business Plan. You will see them both continue to develop and evolve over the coming months, and we have appreciated feedback we have received with areas to clarify and improve. So we are ready to…
Today is when the crypto community comes together in solidarity to celebrate the first-ever documented purchase using bitcoin 10 years ago, and to commiserate with Laszlo Hanyecz who parted with 10,000 BTC to satisfy his hunger with two Papa John’s pizzas (worth about $30). It also seems like a good day for an announcement on…
