Bingo,
You may have really stumbled onto something here ... this will be very hard to prove one way or the other ... maybe near to impossible, but ... it does provide one possible answer to the great 'exclusivity mystery.' ... actually it would make everybody right as to the entire issue.
<<ANTCIE is a Brazilian corporation formed for the purpose of transacting business in Brazil.>>
Normal procedure in many countries. It's the manner in which wealth is kept at home to a degree. Sometimes explains why a countries leaders seem to own part of every thriving enterprise.
<<Under Brazilian law, only Brazilian corporations can export or import products from Brazil.>>
Seems to be right. Other companies (someof them major) have set up subsidiaries there and other places.
<<Because of the complicated nature of the laws in Brazil, it was expeditious for the Company to have individual shareholders for ANTCIE rather than incorporating ANTCIE as a wholly owned subsidiary of the Company.>>
No problem with this either. Not greatly different from Costa Rica or Belize. I've never been involved (even on the perimeter) in such a venture in Brazil, but know this is good strategy in some places. There are many, many reasons, and I would not venture to hazard a guess in this instance.
To say that AZNT has an exclusive license, might not be much, if any, of a stretch. It would probably be slightly more accurate to say that owners, or principles or others parties of AZNT have such a license, by virtue of owning (at least in part) their Brazilian operation.
It would not be surprising to discover that a licensing agreement has been put in place within the geographical locale where the plants are grown, especially if that land was either owned by or leased to AZNT, or its principles.
If everyone will kick into a pot, I will force myself to take my bride and go down and nose around and see if this is indeed the scenario that we find so perplexing here.
Won't be back on until sometime Thursday, probably, unless I can get to a computer while on a trip.
Hogger |
