To: Madel
From JUS
Subject: Status on Sharing
In a stand up conference about a two hours ago the following were the updates:
1. HG Oton sharing will be updated and completed today... Totek Florvel sharing
will be about P600K until November
2. Computations of HGLa Union was even lower (we will deduct) for October and November(?) even went lower than the less than P200k sharing we made. JC Crisologo and Ms. RCC should be informed of this by email or registered mail.
However Crisologo expects sharing of funeral for entire year backlog soon
3. For Calamba while there were sharing completed by Leo: certain challenges exist:
1. In their abstract HG Calamba has not indicated the year and type of campaign
Thus 3f is unable to finalize the sharing for HGGMP
For 2019 there are accounts for Bangin where COGS has not been deducted.
One way to speed up the sharing is to hack the sharing by;:
Dividing the NLP/Average of 1st sem total sharing.. If it comes out as
the optimal % we will use this. If JV objects we have no recourse except to
encode the meticulously the JVP sharing mano por mano, one by one.
It is not possible to have the sharing before the year ends. Kahiya hiya sa JVPartner and our integrity as a company and as professionals are at risk...AT STAKE...
-- Jorge U. Saguinsin
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