Felix is the CEO of Energy Formula Pty Ltd (EF), a profitable company. EF’s core business involves buying from manufacturers and selling energy drinks and other drinks for medicinal purposes to retailers, including the popular INYAFACE sports drink.
Felix comes down with a bad flu and attends his local doctor. In the reception area of the doctor’s surgery, Felix starts up a conversation with Stacey. Felix discusses publicly available information about EF and describes the duties he performs for the company.
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Get Help Now!Stacey says that she is a pharmacist and would be interested in seeking his “expert advice” on a drink she has developed called “Golden Oldie”. “Golden Oldie” is a mix of soda water, Polish vodka and three pharmaceutical products that she did not wish to disclose at the time.
Stacey claims that tests on her grandmother reveal that the drink has cured her granny’s Parkinson’s disease. Stacey asks Felix whether his company would be interested in marketing and selling Golden Oldie in conjunction with Stacey.
Felix replies “Your product sounds fantastic and I’d be happy to help personally, but EF wouldn’t consider it because it only sells sports drinks. By the way, here’s my card”. Stacey accepts Felix’s offer and a short time later both of them form the company Grancure Pty Ltd.
Felix and Stacey are appointed directors and shareholders. Felix is the majority shareholder. Following clinical trials supporting Stacey’s initial claims, Grancure becomes an instant success.
Both Felix and Stacey agree that the cor
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