The History & Insight Behind
CBO Worldwide Ltd (CBO Worldwide) is a for-profit Joint Venture Operating Partnership (JVOP) between AngelPreneur Venture Group Inc. (APVG), a private business development firm and the Clear Blue Oceans Foundation Inc (CBO Foundation), a 501 c(3) non-profit organization. Both are Hawaiian corporations that
were founded by our President/CEO Peter "The AngelPreneur" Ortmann, aka: The Shark.
CBO Worldwide was established to exclusively develop, manage and operate all of the CBO Foundation
ocean-issue awareness programs, initiatives and programs developed for them by APVG, its proposed crowdfunding campaign. We do not work or provide services for any outside unrelated clients.
CBO Worldwide will provide for all required facilities, personnel, employee benefits and product inventory to execute the stated mission goals and objectives of the CBO Foundation. As many involve for-profit activities and operations, as outlined on this website, separating the non-profit activities from the for-profit operations allows us to better merge them into a seamless long-term self-funding strategy.
Under the Joint Venture Agreement (JVA), the CBO Foundation will own 80% of CBO Worldwide equity shares, and APVG will own 20% of the outstanding shares, and each will receive their share of pre-tax income quarterly, after providing the CBO Employee Profit Sharing Plan with fifteen-percent (15%) of all pre-tax profits. This structure allows us to reward and retain our team members long-term.
The Shark brings 45 years of business development,
start-up and senior management experience to his
companies. He has endured some of the greatest
business and personal challenges any entrepreneur
has ever faced. He will share many of them throughout
his podcast series.
The Shark and his wife of 27 years, Corrin, are offshore
sailors with a passion to help heal our oceans. Their
family includes six adult children. The Aloha spirit lives
within them as they set course to help heal our oceans.