Investment Opportunity

Dear Friend:

Just Local Food Cooperative has been working hard with you over the past five years to build a viable local food system. In 2008 we sold over $550,000 in local food and project sales of nearly one million dollars in 2009!

Just Local Food Co-op members created Preferred Shares to raise capital for the business. The Co-op will use the invested money to expand services, education and products for members of our greater community. Each share has a par value of $100 and an annual dividend of 5%. The minimum investment is $100, which translates into exactly one share of Class C, Series 1 Stock.

For example, a $500 investment for Class C Series 1 stock will earn $25 per year. The dividend payment will automatically be reinvested in the form of more stock. This means in the following years, the 5% is calculated on more dollars, also called compound interest. The Board of Directors guarantees that a dividend payment will be declared at least once per year. There are a total of 2,000 shares available in Class C, Series 1.

Preferred shares are more like a Money Market Account (MMA) or a Certificate of Deposit (CD) than a stock that fluctuates on the stock market. There are many MMAs and CDs offered, with a variety of terms. Some current examples are:

MMA under $10,000, .25% dividend rate
MMA over $10,000, 1.19% dividend rate
CD, $100, .75 - 2.75% dividend rate

Just Local Food Co-op
C,1 $100, 5% dividend rate

Check out the Frequently Asked Questions, read our most recent annual report, and call or visit Just Local Food Co-op to speak with Lissa Ziehr or Aaron Ellringer. They can answer your questions and set you up!

Materials are also available for download as PDF right here:

Investor Checklist

Letter and FAQ

And the federal governement has the required W9 form online, just fill in and print out!

Thanks for considering investing your time and money in our cooperative enterprise!

Sincerely,
jen, lissa, bob, jordan, aaron, laura, cindy, dave, mary beth, zac, drew, susie