The right answer to due diligence is not simply reassurance. It is to put the important controls into the structure itself, make the reporting clear, and protect information that does not need to be disclosed.
I understand the request. If the structure is limited to twenty equal positions, a participant should have a clear way to know where his own position sits and that the Company is contractually bound by the twenty-position limit. I do not believe the right answer is to circulate the names, contact details, agreements or private financial affairs of the other participants.
Personal and financial information is not something I should circulate casually. South African privacy law, including POPIA, requires personal information to be handled lawfully, reasonably and for a proper purpose.
A due-diligence question about the position structure does not require me to disclose another participant’s private contact details, agreement or financial circumstances.
People who enter a private commercial arrangement with Premise Decision Engine are entitled to expect that their personal affairs will be treated with care.
I would apply exactly the same standard to your information. Becoming a participant should not automatically make your name, payment arrangements or agreement available to every person who asks about the opportunity later.
I agree that the cleanest way to remove ambiguity is to identify the participant’s exact position in the agreement itself. The final signed agreement will therefore record the specific numbered Revenue Participation Position held by that participant.
The number identifies the participant’s place in the fixed twenty-position structure. It is a contractual revenue-participation position, not a shareholding or ownership interest in Premise Decision Engine (Pty) Ltd.
The structure consists of twenty uniquely numbered contractual positions. Each confirmed position participates in 1% of Qualifying Revenue.
No Position 21 can be created within this structure, and the same numbered position cannot properly be allocated twice while it remains active.
The participant’s own signed agreement records the position number he holds. The written confirmation issued after the agreement is signed and payment has cleared will use the same position number.
This creates a direct documentary trail from agreement, to payment, to confirmation, to monthly reporting.
The illustration above shows the fixed numbering structure only. It deliberately does not identify the holders of individual positions.
The current use-of-funds plan allocates the full US$48,000 across four defined jobs. The important control is to report actual expenditure against those categories rather than simply state the budget at the beginning and never return to it.
Testing messages, audiences, offers, channels, conversion paths and the Existing Traffic Path before spending heavily.
Capital held for campaigns that produce enough evidence to justify increased spending. It is not released simply because the money is available.
Advertising creative, campaign content, landing-page improvements, testing material and market communication.
Customer-flow systems, tracking, measurement and the AI-assisted research and monitoring used in the acquisition process.
As the capital is deployed, the participant update will make four things visible: the approved allocation, what has been spent, what remains, and what the expenditure was used to support.
The original budget remains the reference point against which actual spending is compared.
Payments are recorded against the relevant use-of-funds category rather than disappearing into one general total.
The update shows the remaining balance in each category and identifies any material movement between categories.
Where appropriate, the update links the expenditure to the campaign, system, creative work or market activity it supported.
This is important because due diligence should not end on the day the agreement is signed. The participant should continue to receive a clear record of what the revenue participation produced and where his position sits in the fixed structure.
Provided within 30 days after each calendar month ends.
The agreement provides for the participation amount shown as payable to be paid within five days after the monthly figures are provided. This means the reporting and payment trail remain connected.
While the participation capital is being deployed, the participant update can also show the use-of-funds position: cumulative spend by category, remaining balances and any material reallocation with an explanation.
The Company is contractually limited to twenty positions. Each participant holds a specific numbered position, and the same number follows through the agreement, confirmation and monthly statement.
The original allocation remains visible, actual expenditure is reported against it, and the monthly reporting process creates an ongoing record rather than a once-off explanation.
This page explains the intended verification and reporting process. The signed Revenue Participation Agreement remains the governing document for each participant’s legal rights and obligations.