CYBER Interfranchise AE
Revision as of 05:50, 25 April 2013 by 62.228.190.203 (talk) (Created page with "'''CYBER Interfranchise AE''' was a company registered in Greece as part of an investment agreement with Cyprus Development Bank in 1996. The company 1 million CY Pounds ...")
CYBER Interfranchise AE was a company registered in Greece as part of an investment agreement with Cyprus Development Bank in 1996.
The company 1 million CY Pounds shares were distributed as follows:
- MISnTED Ltd. 51%
- Cyprus Development Bank 30%
- Other individual investors 19%
The shares were fully paid by all investors except the Cyprus Development Bank, who provided half of their committed capital in the form of a convertible loan that was agreed to be converted into shares later. The Bank has never fulfilled its contractual obligations.