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Edgarsmoney

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Edgarsmoney

Re: None

Friday, 11/18/2016 12:18:37 AM

Friday, November 18, 2016 12:18:37 AM

Post# of 2830
Does anyone know the structure between 5Barz International or "the Company" and the subsidiary 5Barz India once Axis raises the 20M? If and when that 20M is raised 20% ownership of 5Barz India goes to that group. Does that then mean that group gets 20% of 5Barz India revenue moving forward and 5Barz the parent company gets 80%? Does it affect the parent/subsidiary structure any other ways?

I've asked around about this and haven't been able to get a straight answer.

Let me know.
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