Phase 1 · 2026 · Ward 7 Opportunity Zone · NMTC Qualified
YOUR CAPITAL
IS PROTECTED
BEFORE THE
BUSINESS PERFORMS.
A vertically integrated biochar production facility in Oklahoma City. Real assets, field-tested technology, and a capital structure designed to protect investors from Day 1.
01 // The Opportunity
YOUR CAPITAL IS PROTECTED
BEFORE THE BUSINESS PERFORMS
Tax savings recover 73% of your investment in Year 1. Contractual income covers more. Hard assets back the rest at over 10x remaining exposure.
You Invest
Into a Tax Equity SPV inside a Qualified Opportunity Fund. Class A position.
Year 1 K-1 Tax Savings
100% bonus depreciation on $10.8M pool. 85% allocated to investors at 40% combined rate.
Remaining Exposure After Year 1
Backed by $12.1M in hard assets. That's over 10x coverage on remaining dollars at risk.
The Bottom Line: 73% of your investment comes back through tax savings alone in Year 1. Add $160K in contractual A-Loan interest and you're at 77%. The remaining exposure sits behind 10x hard asset coverage.
02 // Return Mechanics
FOUR WAYS
YOU GET PAID.
Multiple independent return paths. Tax savings and contractual income do the heavy lifting before the business kicks in.
Year 1
K-1 TAX SAVINGS
Filed on your 2026 return. 100% bonus depreciation on $10.8M pool. 85% allocated to SPV investors at 40% combined rate.
Years 1–7
A-LOAN INTEREST
$160K per year. Contractual, not performance-based. Company pays you regardless of biochar operations.
Years 3–7
OPERATING DISTRIBUTIONS
Class A has priority position. You get paid first (80/20 split), then 10% preferred return on remaining balance.
Post Year 7
ONGOING PARTICIPATION
Distributions don't stop. Class A retains waterfall share. NMTC B-Loan forgiven at Year 7 adds $3.38M to entity equity.
03 // Cumulative Return
$6.49M RETURNED ON $5M INVESTED
1.3x MOIC and 12.6% IRR including tax savings. Fully recovered by Year 4.
Day 0
You invest
Year 1
K-1 + A-Loan · 77% recovered
Year 3
Ops begin + A-Loan · 89% recovered
Year 4
Fully recovered · Net positive
Year 7
Net profit above investment
By Year 4 you've recovered every dollar invested. From there forward, it's pure upside. And the entire time, hard assets provided 10x+ coverage on remaining exposure.
04 // Scenario Range
THE DEAL GETS BETTER FROM HERE
The base case uses a $5M reactor price, which is confirmed and conservative. We're working with tax counsel to validate a higher reactor price (up to $9M) based on the seller's available tax losses and fair market value appraisal.
| $5M Reactor (Confirmed) | $9M Reactor (Pending) | |
|---|---|---|
| Year 1 K-1 Tax Savings | $3.67M (73%) | $5.03M (101%) |
| Remaining Exposure After Yr 1 | $1.17M | ~$0 |
| 7-Year Total Return | $6.49M | ~$6.9M |
| MOIC | 1.3x | ~1.38x |
| IRR (incl. tax savings) | 12.6% | ~21% |
| Hard Asset Coverage (Day 1) | 2.28x | 2.96x |
| NMTC Subsidy | $3.38M | $4.38M |
| Investor Breakeven | Year 4 | Year 1 |
At the $9M upside, investors are 101% recovered in Year 1 before biochar sells a ton. We're presenting the $5M base case because it's confirmed. The upside is real but pending final validation with BDO and a fair market value appraisal.
05 // Downside Protection
WHY YOUR INVESTMENT IS PROTECTED
Three independent layers of protection. Any one alone secures your position.
Hard Assets
Building: $5.15M (QOZ industrial). Reactor: $5M+ (operational resale). Equipment + StormCo: $1.95M. That's 2.28x on Day 1, climbing to 10x+ after Year 1 K-1 recovery.
Priority Waterfall
Class A gets paid first. 10% preferred return. GRD/reactor seller is explicitly subordinated. 5-tier structure protects your downside at every stage.
Structural Protections
QOZ: Capital gains deferral. NMTC: $3.38M free subsidy forgiven at Year 7. A-Loan: $160K/yr contractual income regardless of operations.
The reactor seller reinvests full proceeds AND takes a subordinated position. He gets paid after you. That's alignment.
06 // Capital Structure
HOW MONEY MOVES INTO THE DEAL
Five funding sources flow into a QOF that owns all assets.
Reactor Day Loan
Round-trips same day. Creates the depreciation pool.
Fresh Tax Equity (You)
The real raise. ~8 investors. Class A position.
NMTC Subsidy (B-Loan)
Forgiven at Year 7. Never repaid. Scales with deal size. If reactor goes to $9M, NMTC grows to $4.38M.
Building Loan
Bank debt secured by $4.4M building. 73% LTV. Direct to QOF.
SPV Total → QOF
Your $5M sits inside a structure with 3.4x total capital deployed. At the $9M reactor upside, QOF grows to $21.88M (4.4x).
Now Let's Talk About
WHY THIS WORKS.
Your investment is protected by structure. Here's why the business itself is positioned to succeed.
07 // The Problem
2 MILLION TONS OF WOOD WASTE.
EVERY YEAR.
Oklahoma generates massive volumes of wood waste from construction, land clearing, and municipalities. Right now it's burned or landfilled at a loss.
CURRENT PATH
Wasted Carbon
- Burned in open air or sent to landfill
- Costs $30–50/ton to dispose
- Releases stored carbon into atmosphere
- Zero value recovered
OUR PATH
Restored Carbon Loop
- Converted through pyrolysis into carbon products
- We get paid $15–45/ton to take the waste
- Permanently sequesters carbon for 100s of years
- Four revenue streams from one input
08 // Our Solution
COLLECT → CONVERT → COMMERCIALIZE
We control the entire value chain. We get paid at every stage. Our feedstock has a negative cost basis.
COLLECT
StormCo Waste
Our waste hauling arm. We get paid $15–45/ton to collect wood waste. Competitors pay $50–100/ton for the same feedstock.
CONVERT
GRD Reactor
Field-tested pyrolysis technology. 25–50 tons/day capacity. Successfully run in Colorado. 48,400 SF OKC facility.
COMMERCIALIZE
4 Revenue Streams
Tipping fees, solid carbon (biochar), liquid carbon (bio-oils), and carbon credits.
Negative Cost Basis — We Get Paid at Every Stage
Tipping Fee Revenue
Wood Waste + Storm Debris
$15–45/ton tipping fee income
Material
Flow
Pyrolysis Transformation
GRD Pyrolysis Reactor
25–50 tons/day · 48,400 SF OKC facility
Revenue
Out
4 Revenue Streams
Biochar · Bio-oils · Carbon Credits · Soil
$7.2M/yr revenue by Year 4
StormCo Waste Solutions provides feedstock at construction sites across Oklahoma
Negative cost basis. We're the only biochar company that gets paid to acquire raw materials. Everyone else pays $50–100/ton for feedstock. We get paid $15–45/ton to take it.
09 // Revenue Model
FOUR REVENUE STREAMS
FROM ONE INPUT.
Every ton of wood waste generates income from multiple channels.
Stream 1
TIPPING FEES
Municipalities, contractors, and land clearing companies pay us to take their wood waste. Competitors pay $50–100/ton for the same material. We get paid to acquire our raw materials.
Revenue: Day 1Stream 2
SOLID CARBON PRODUCTS
Agriculture, soil health, water treatment, oil and gas remediation, construction. Target markets identified with active conversations underway.
Revenue: Year 1Stream 3
LIQUID CARBON PRODUCTS
Industrial applications and energy products. Co-produced during pyrolysis. Additional revenue from the same process.
Revenue: Year 1Stream 4
CARBON CREDITS
Biochar = permanent carbon sequestration. 10,000+ companies committed to carbon neutral by 2030. Growing demand.
Revenue: Year 2+10 // Ramp-Up Period
BUILT CONSERVATIVE ON PURPOSE
Years 1–2 are intentionally modeled as ramp-up. The facility is commissioning, production is scaling, and markets are being activated. We built in working capital to cover this period so operations don't rely on early revenue.
EBITDA By Year
Working Capital Set Aside
Variable budget covers commissioning, ramp-up operations, and working capital through profitability. No dependency on early biochar revenue to keep the lights on.
Revenue Ramp
Year 1 revenue is conservative (StormCo tipping fees + early production). By Year 4, all four revenue streams are fully online.
Cash Flow Positive
EBITDA crosses positive in Year 3. Cumulative free cash flow turns positive in Year 5.
11 // Facility Strategy
OUR LOCATION IS A RECRUITING TOOL
The facility sits in both a Qualified Opportunity Zone and an NMTC-eligible census tract. We use these incentives to attract synergistic tenants who enhance our operations.
What Tenants Get
QOZ + NMTC
Potential capital gains deferral, tax-free appreciation after 10 years, and up to ~20% back on qualified CapEx through their own NMTC allocation. These incentives make our facility uniquely attractive to the right partners.
What We Get
4 Benefits
Prepaid rent (most paid upfront), guaranteed biochar offtake, shared lab and equipment costs, and enhanced product offerings through co-located manufacturing and application capabilities.
We're actively in discussions with partners in biochar application and carbon capture technology. The goal: aligned partners who need biochar, share equipment costs, and expand our product capabilities. The QOZ and NMTC incentives are what bring them to the table.
12 // Why Us
SIX REASONS THIS
ISN'T SPECULATION.
Real assets, field-tested technology, and structural advantages no competitor can replicate easily.
NEGATIVE COST BASIS
We get paid to acquire our raw materials. Competitors pay $50–100/ton for the same feedstock.
VERTICAL INTEGRATION
StormCo collects. GRD reactor converts. We commercialize. We control the entire value chain.
FIELD-TESTED TECHNOLOGY
GRD reactor successfully tested and run in Colorado. Not experimental. Not a prototype.
STRONG MARKET PIPELINE
Active conversations across agriculture, oil and gas remediation, and municipal water treatment. Target markets identified and relationships developing before production begins.
FIRST MOVER
Zero biochar production in the entire Midwest. We own this market from Day 1.
OKLAHOMA ROOTS
Leadership team with deep Oklahoma ties, on-the-ground operations, and established local relationships across waste, ag, and energy.
13 // The Team
THE TEAM
Deep Oklahoma roots, hands-on operational capability, and strategic relationships across clean energy and biochar.
MATT CHANDLER
Founder, CEO & Business Development
Deal architecture, capital strategy, investor relations, and business development. Oklahoma-raised, currently based in Colorado. Built the vertically integrated model from the ground up.
BRAD KNIGHT
Facility GM & Business Development
Operations management, facility buildout, equipment commissioning, and business development. Oklahoma-based.
HEATH SPENCER
Reactor Operations Lead
Engineer, Chemist, and Physicist with hands-on reactor operations and process management. Oklahoma-based. Responsible for production output and quality.
TOM DARDEN
Investor, Board & Advisor
Founder of Cherokee Fund ($2.6B). Decades of experience in environmental remediation, land development, and clean energy technology. GRD reactor principal.
Community & Government Relations
MAJOR ED PULIDO
Decorated U.S. Army veteran and Purple Heart recipient. Former Senior Advisor to General Tommy Franks. Deep community relationships across Oklahoma City, Ward 7, and veteran networks. Bridges BioCarbon Oklahoma with municipal leadership, community stakeholders, and government channels.
Strategic Partners: James Goodman & Albert Montgomery (GRD Engineers), John Webster (BiocharOnsite), with access to Dr. Kristen Trippe (USDA Chief Microbiologist, Biochar Atlas 2026) and Thomas Miles (US Biochar Initiative) through the Webster network.
BioCarbon Oklahoma
THE STRUCTURE PROTECTS YOU.
THE BUSINESS REWARDS YOU.
Tax savings recover 73% of your investment Year 1. Hard assets provide 10x+ coverage on remaining exposure. The reactor seller takes a back seat to you. And the biochar business has four revenue streams, zero competition, and a growing market pipeline. With upside pending on the reactor valuation that could push Year 1 recovery to 101%.
Phase 1 Close
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