Maybe it's a grey area? Obviously I have no real ruling or insight into whether or not the national bank of Slovakia would or would not rule one way or the other... ... but for Miggster, you have to register to become a C1 member when you register for Miggster; and a lot of TIM's 35.5% of net revenue is supposed to be filtered through various "pools", etc... The below is from EM1 investor presentation from September, official ASX announcement... One way to look at it is that this is how someone is being paid for advertising and selling a product (seems legit). But you can also look at it from another perspective that they can't sell the product unless they have an active membership, which kind of makes their membership a financial product? I don't know... just opinions; not financial advice, etc.
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