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Ann: Response to ASX Query Letter, page-11

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139

04/01/19

17:21

Post #: 37027337
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Originally posted by Tony barber ↑

And just to go a step further. Again, not trying to smash it, just thinking this through.

With some international sales you'd be given 90 days for payment.
Sometimes it was 30 days.
And sometimes there was an upfront payment and then 90 days.

Now, is there any information as to whom the customer (s) are for this product?
For example. If they were selling to an Australian company for shipment OS then there is 42.9% tax applicable to the $3 mil.

You used to be able to sell sub $100k to overseas markets and get a rebate.
I'm not sure what the status is now.

Also, if they are in fact producing these wines then why are there no associated production / shipping costs showing up?

This is suss.

Edit. Also note phua didn't hesitate getting his 300k repaid.

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Tony , ...my buzzers not working .

BPG Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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