Dear devs,

CEO Stefan Kukman officially said in a slovenian interview (Pop TV channel) that 10% of the funds raised from CargoX ICO will be given to his other company 45hc which has nothing to do with CargoX (except that it is in the same industry). In the white paper funds distribution will be as follows:  55% Product Development, 30% Marketing, Sales and PR, 5% G&A expenses, 5% Legal and 5% Security. Thus, nowhere is mentioned 45HC in the funds distribution.

As investors, we invested solely in CargoX and Bill of landing on blockchain product (with Credit Bill potential in the future) and not in 45HC. Even though, the idea of 45HC might have potential giving 700,000€ to 45HC will not increase CXO token price.

Why have you decided to give 10% to the 45HC and how will that benefit the CXO token price?

Thank you for the answer.