Email Correspondence Regarding Asset Purchase Agreement and Related Tax Issues between Andronics and SARS
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Summary
This email correspondence involves Robert Andrews of Andronics and other company representatives discussing complications related to an Asset Purchase Agreement (APA) with SARS. The main issues include unresolved consideration by SARS, continued use of Andronics Ltd.'s VAT and tax numbers, and uncertainty about the legal entity and directors of SARS. The parties are working to clarify these matters and obtain necessary information.
EX-10.4 5 exhibit10-4.htm EMAIL CORRESPONDENCE exhibit10-4.htm
From: Robert Andrews [mailto ***@***]
Sent: 13 May 2008 20:26
To: Kevin McCauley; Ciaran Hampson
Cc: Karen Andrews; K ***@***; Nick Palmer
Subject: RE: Andronics
Kevin
If its to April 2007 why do u need to know about the APA.
There are problems with the APA. SARS have not completed the consideration.
There are a number of complications. SARS has been using Andronics Ltd. VAT no. and tax and N.I. Reference numbers up to the beginning of April and is still using the Andronics Ltd bank account in the First Trust Bank. We also are trying to find out what legal entity SARS are working under here and who the directors and shareholders are.
Ciaran is getting this info
Robert
