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Finances Print E-mail
Jan 09, 2006 at 09:25 AM

Donations to the Mambo-Foundation are currently used for the following purposes:

  • payment of legal fees to third parties for IP defense
  • payment of legal fees to third parties relating to corporate governance
  • bank and transaction charges

In addition to the above, excess funds are simply accrued by the organization as a fund against future expenses. No salaries are paid to any team members or the Board of Directors.

 If you have questions about any of these matters, please contact us.

Last Updated ( Mar 22, 2007 at 09:58 PM )
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