Payment receival for investment and company management
open2.1 The Investment Manager will, on receipt of the total sum of $100,000,000.00 in USD (One Hundred Million United States Dollars)only. The money will come in tranches of $25M, $35M, and $40M, all in USD. On confirmation of the total fund into his account, 1% of the total will be deducted. This deduction is made to offset his expenses, which include all and sundry contracting the experts required for a successful and smooth take off, the money will also cover other initial expenses stated here and others not stated. The expenses incurred for the start- up of business, for consultancy & the solicitation fees, and other miscellaneous expenses, if after the mentioned 1% is not enough to cover the expenses incurred, the excess cost will be reimbursed to the Investment Manager. 2.2 The Investor will benefit 50% of the total profit realized from the total investment after every year or periods value & the Investment manager will benefit 50% of the profits realized from the total investment value. 2.3 It is clearly understood by the parties that the actions of the Investment Manager shall not be deemed to be regulated by an investment commission in the country where funds are invested or elsewhere. However, when the Investment Manager has identified a profitable investment venture and has committed those funds for such investment, the actual transactions will always be conducted by parties fully qualified and licensed for the purpose under applicable laws and regulations.
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