Investment opportunity offer
Investment opportunity offer
No Negotiations,
The offer is the offer!!!
prl2050
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Before both parties
Can agree to the offer
The second party
(The lender of the sum of money)
Must respond in writing
Stating a clear understanding of the borrowing terms.
The offer is for an agreed amount of money lent at a fixed rate of 50% interest.
This will only be repayable as a single full repayment
After the standard 12-month running costs.
Including taxes has been deducted from the accounts of prl2050
And the amount left in the accounts can cover a single payment of the sum borrowed plus 50% interest.
Example (ONLY)
Tax due 20%
Running costs £30.00
Amount borrowed £60.00
Full Memberships sold (10) £300.00
£300.00
-20%
______
£240
______
£240
-£30.00
______
£210
_____
£210
-£60.00
TO BE CLEAR!!!
No other agreements!!
An attempt
Made to
Negotiate
is
When the
Negotiations are over.
prl2050
~
prl2050 will maintain a tax promise: That all taxes will be paid in full and will not make any taxable deductions.
You will only be paid after taxes and not as a Business tax deduction
The Nitty Gritty
The offer is for a sum of money at a fixed rate of 50% interest.
The repayment terms are the sum of monies plus 50%.
And will only be due repayment as a single transaction.
After prl2050 has deducted the standard yearly running cost from the prl2050 accounts and has received a sufficient number of paying members to cover the borrowed sum plus 50%.
If the borrowed time length should cross into a secondary year,
The running costs shall be deducted for a second time before repayment is due.
(The secondary year will then become the new first year and so forth until the Repayment is made)
(This will not be included as a tax-deductible expense and will only be calculated after business tax has been fully deducted per year)
The standard yearly running costs
Are to be classified only as the necessary costs to maintain and reasonably promote the site for a further 12 months and do not include any wages or payments to any other party.
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Excluding the sum
Equivalent to the monthly receipt of universal credit plus a sum of £400
After tax.
(Subject to additional sources of income and Universal credits calculations and inflation)
Should more than one lender be due a sum of money. The sums will be paid on a first-lent, first-paid basis.
Any payment due will only be paid after the first lender has been paid in full and the accounts can cover the new sum due after standard deductions.
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The next lender will then become the first lender.
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This agreement between the parties will only be
For the money borrowed.
After which, neither party will hold any obligation to the other party in any format,
including
But not limited to
Written, verbal, general expectations or Social obligations.
Should both parties agree – both parties will be free to engage at a later date in a separate agreement.
The only further Agreement that prl2050 will agree to will be
A Standard financial agreement.
Copies of the monthly prl2050 bank statements.
Copies of monthly Membership Figures.
Monthly progress reports (By courtesy)
(Things happen as and when they happen, it’s the process)
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Should either party feel that an additional declaration of intent is necessary.
prl2050 will recognise
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Due only when
prl2050 accounts allow the agreed sum to be repaid as a single payment
After deductions.
The original benefactor of the Phoenix Rise lifestyle.