so in the first story on howwemadeitinafrica.com he says he bought a purifying machine with money from first investors and then in other interviews on cnn and standard he says he sold land to buy a purifying machine.so which story is correct??? .This guy’s story has a lot of inconsistencies. Even heshan had contradictory stories in different interviews everywhere and stupid kenyans just bought themOn Howwemadeitinafrica.com – he said “Three months later (someone visiting his home)he contacted us and introduced us to our first investors.” Mwale subsequently acquired a purifying machine and started bottling water.”(https://www.howwemadeitinafri
ca.com/after-selling-company-f or-us500k-joel-mwale-now-wants -to-change-the-way-we-learn/)On Cnn- he said “With the help of a financial loan from a local farmer, Mwale began investing in the necessary equipment and business infrastructure to put his idea into action.”On Standardmedia – he said He turned to his 20-acre piece of family land, which had been lying fallow for years. He approached his mother about selling it, an idea she was initially opposed to. Eventually, however, he convinced her. With the proceeds from the sale, Mwale bought a water purification machine for Sh430,000, and paid for the cost of operation to produce drinking water.so which is which?
in 2012 August in an interview with business daily he said his company skydrop has annual turnover of (2.5million shillings) by august…. (https://www.businessdailyafri
ca.com/magazines/1248928-14782 96-cvval3z/index.html)then in november 2013 he told standardmedia that “That idea later blossomed into a company that, by the time he sold it at the end of 2012, was employing about 70 people and annual revenues of $515,000 and he sold 60% of the company for ksh 42million.(https://www.standar dmedia.co.ke/business/article/ 2000097459/from-being-a- school-dropout-to-forbes-magaz ine-listing“)so how is it possible that within a single year a company has an annual turnover of sh2.5million by august 2012 and then in the same year the same company has an annual turnover of $515,000. (in just 4 months )This is magical considering the company has no tenders anywhere or records.Even with company records at the company registrar where the company is registered as CPR/2012/68913 . There is no record of anything like this. even if it was private how is all this possible without records or paper trail
He said he sold his water company to israeli investors that literally do not exist.There is no israeli investor is mentioned anywhere nor any israeli company in kenya with water interests in Kitale. the claims are just false.Then again there are no tax records anywhere of 74 employees……or sales of $515,000 which he claimed on standardmedia and howwemadeitinaafricaKenyans are so stupid to be buying into such nonsense.There is not a single tax record of any sales of items considering there is— tax on products sold— tax for employee payments— tax returns for the companythere is no record anywhere of such things. so how is it possible to sell water with this amount of sales without tax records. how can someone run a company this big for years without paying taxes or even records of the same33,000 water bottles and 74 employees without tax records of any kind. A standard check of the company you can be surprised that there is literally noting going on, considering this is a product consumed by people
Then again his story of gigavia.com is a story of contradiction and things that don’t add up.His website gigavia.com which he said has raised $1 million from investors and has 10 universities is nowhere to be seenAccording to bbc (https://www.bbc.com/news/worl
d-africa-25095037) his website has 47 countries are represented, 493 instituitions, more than 1000 teachers and 352 mentorsnow the website is nowhere to be seen with all these numbers and investors
a.com/after-selling-company-fo r-us500k-joel-mwale-now-wants- to-change-the-way-we-learn/463 04/
You should expose this guy because he keeps lying about selling water and then not paying people who market his app olla for him which is probably another scam.
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