Freicoin Loan - Learning to Make Chocolate

[Bicknellski 276]

Orders are all filled. We are now shipping them. 

 

Loan Repayment:
We will be ready to make a +50% (or more) loan repayment by December or January. We have made about 800.000Rp so far, although this not even close to half the total loan it is good start and we are confident we will see an increase in orders for December / January time frame. 

Also Note: 
We will be shifting production from our fall flavors to Holiday, Christmas and New Year flavors. These are slight variations on the originals and some completely new flavors.

4 Chocolate Bars:
Milk Chocolate
Dark Chocolate with Peanuts
Milk, Dark and White Chocolate 
White Chocolate and Chilli

4 Pralines:
Cinnamon Spice Ganache Pralines
Gingerbread Spice Ganache Pralines
White Chocolate Mint Ganache Pralines
Salted Caramel Ganache Pralines

2 Truffles:
Orange Cheesecake Truffles
Black Forest Cherry Truffles

[Bicknellski 276]

Big order just came in.

600 Pralines to be delivered by this Sunday, November the 13th. Ugh... that means my wife and I will be doing some extra work to fulfill the order as we can't expect our students to work full time on pralines obviously. We will have the students do some in afternoon. From this order we should have enough to repay the whole loan early. In about 2 weeks. I will update next week.

[Rik8119 242]

thats awesome! Are you still making it together with your students?

[Bicknellski 276]

Finished pralines and chocolate bars ready to ship.

More awesome news.

Two orders totalling 13 more boxes of 9 came in Monday (today as of post). And we have shipped the 50 boxes of the big order so we will continue working hard to clear that order this week and next.

So that should get us very close to our goal of breaking even on the Chocolate School training and we will once we clear these orders we will repay the loan in full to you guys on or about the first week of December.

[Bicknellski 276]

Dear Lenders I have repaid the loans. Please verify.
 

Arcurus Address:   1CYAXos2UoDYpBB8qoExR3TSyBWoEJHMQq 

Quote

Status: 0/unconfirmed, in memory pool, broadcast through 5 node(s)
Date: 11/17/2016 11:44
To: Arcurus 1CYAXos2UoDYpBB8qoExR3TSyBWoEJHMQq
Debit: -0.12724100 BTC
Transaction fee: -0.00010559 BTC
Net amount: -0.12734659 BTC
Transaction ID: 72608e5b836b911888934adef7c184b8a37f53157ba4992053c2f2d33377e724
Output index: 0

Fedde Address:  1CjPD6TU42wgu68nrT2uQeUduCL4UF1jH6

Quote

Status: 0/unconfirmed, in memory pool, broadcast through 7 node(s)
Date: 11/17/2016 11:43
To: Fedde 1CjPD6TU42wgu68nrT2uQeUduCL4UF1jH6
Debit: -0.12724100 BTC
Transaction fee: -0.00010559 BTC
Net amount: -0.12734659 BTC
Transaction ID: ee16bbaa4d73692c3f384673353a906f06454c65f55ffa299b49c4840afa9154
Output index: 0

Fabrizio Address:  1LYonRy8qoU7H2yt9yY3oHM1BbSGNXTh9K

Quote

Status: 1/unconfirmed, broadcast through 4 node(s)
Date: 11/17/2016 11:42
To: Fabrizio 1LYonRy8qoU7H2yt9yY3oHM1BbSGNXTh9K
Debit: -0.12724100 BTC
Transaction fee: -0.00010560 BTC
Net amount: -0.12734660 BTC
Transaction ID: 3a7aa680b4f608789cc94628e940ff58c5f707598bd63eb37d687960010ceab2
Output index: 0

 

Rik8119 Address:  1NBRiWWsQdEEAQU8KtWGg9xHQrrhYEWnG7

Quote

Status: 0/unconfirmed, in memory pool, broadcast through 4 node(s)
Date: 11/17/2016 11:45
To: Rik8119 1NBRiWWsQdEEAQU8KtWGg9xHQrrhYEWnG7
Debit: -0.12724100 BTC
Transaction fee: -0.00010559 BTC
Net amount: -0.12734659 BTC
Transaction ID: 54920e7d204726cab82260a5134b45b8d9854832a27c5e8f356d5e87d982f4ac
Output index: 0

I will use 95$ USD as agreed to make repayment.

I will use 

http://www.coindesk.com/price/   roughly:  747.53

for everyone and I paid the tx fees on top of this. Not liking that they have really made it very pronounced in the Bitcoin Core application in terms of making fees a central aspect. Oh here we go right expenses to rise on transfer of Bitcoin waiting until government or large corporations get control of this and watch the FEES increase. These small companies that now provide mining power are ripe for being bought out. I would hope there is a way to avoid that with FRC. 

Thank you so much lenders. Our students are going to continue making chocolates this year and into the future. Such programs are really a good test of using crypto to help others. I am very interested in help people in Indonesia that need basic things like food, electricity, housing, micro loans and clean water. I will keep thinking about how our school can work on that with the FRC Alliance and use FRC as the medium of exchange. We need to work on a FRCJam I think with a Kiva like loan aspect really. If we only had a stable FRC to do this.

[Rik8119 242]

Hi there Bick,

thanks for the repayment! I hope the best for your project. If your ever interested in a basic income project my WLC is a good start maybe also for your students... ;-)

[Bicknellski 276]

6 hours ago, Rik8119 said:

Hi there Bick,

thanks for the repayment! I hope the best for your project. If your ever interested in a basic income project my WLC is a good start maybe also for your students... ;-)

You are welcome. 

We are definitely interested in it but I still see no way to use the WLC or FRC as a currency to help people when it is nearly impossible to exchange easily into Rupiah for use here in Indonesia. 

Can we somehow work on that first?

[Bicknellski 276]

More glamour shots of the chocolates. 

These photos will be used for a photographic business' 2017 calendar.

I will try and get some free copies of it to send to you guys.

These are not the final touched up photos just the raw ones if you can imagine these being any better.

[soda508 0]

So impressive story!

[Bicknellski 276]

On 7/25/2017 at 10:12 PM, soda508 said:

So impressive story!

I certainly enjoyed working with the students on this program.