Well done Kiwi & BBB.
There is also another possibility based around vanmag. The Impondo website clearly says they:
a) have a 10% indirect share in the sale of vanmag and
b) Impondo is responsible for production, sales and the day to day management of vanmag.
Source http://www.impondo.com/Partnerships.html
Why can't CCC just explain the ownership structure of vanmag and why Impondo continues to claim it has a share of the sale and that vanmag is operational?
Not only that how can Impondo claim to have a share of the sale? Is that share based on:
a) a facilitation fee (meaning Impondo gets a cut of any sale) or
b) an indirect ownership stake of vanmag?
Simple.
Finally is vanmag operational?
Well done Kiwi & BBB.There is also another possibility based...
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