Maharishi Heaven on Earth Development

First founded in Malibu California in 1988, it has sought to build utopian projects in the U.S., Canada, and Africa with a long-term goal to "reconstruct the entire world", at an estimated cost of $100 trillion.

[7][8][9] The Dutch arm negotiated with the presidents of Zambia and Mozambique to acquire a quarter of the land in those countries in exchange for solving their problems.

[10][11] Maharishi Heaven on Earth Development Corp. was founded in Malibu, California in 1988 by its first president, money manager Monty Guild.

[16] MSV design principles say that, with proper placement and orientation, one naturally feels hungry in a dining room and sleepy in a bedroom.

[25] Construction was begun at a site owned by MHOED on Mount Shefford near Bromont, Quebec in June 1991, and 30 of the 100 lots were reported to have sold.

[26] Prospective home owners supplied details about their occupation and precise birth location, date and time so that the MSV designers could properly customize the building for its intended resident.

[34] Helen Foster, then the group's director, said they were planning to spend $6 million to build a 63,000-square-foot (5,900 m2) Maharishi Peace Palace to house the movement's operations.

[35] In the plan, 1,000 Zambians would receive training from the TM movement and oversee the creation of utopian farming communities that would be turned over to Mahedco.

[10] After objections from his cabinet ministers, Kaunda agreed to alter the agreement to start with a 2,000-acre (8.1 km2) pilot project, though if successful it would grow still to the same size incrementally.

[39] After Kaunda lost his reelection bid, Mahedco sought a similar arrangement in neighboring Mozambique, where President Joaquim Chissano, his family and his cabinet were TM practitioners.

[40] It wanted the right to develop 20 million hectares of "unused land"[41] by planting crops and to rebuild the country's infrastructure and health system.

[11] A 2006 prospectus for the Raam currency/bearer bonds, issued by Stichting Maharishi Global Financing Research of MERU, Holland, lists Paul Gelderloos as the chief executive of Mahedco starting in 1990.

[43] The prospectus says that Mahedco "was responsible for the implementation of poverty removal programs in third-world countries and also launched several enterprises in Holland [sic].