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Webinar held on 30 May 2022: https://youtu.be/fqfzyKejHL8

An update on the current court case:

The current court proceedings regarding various issues in relation to MTI in liquidation were completed on the 31st of May 2022. The Judge has not yet ruled, and no date for the ruling has been provided.

Video interview with Advocate Hendrik van Staden on the current status of the court case request by the Liquidators and their attorneys to have the MTI business declared an "illegal business practice".

We will shortly put out a statement regarding the possible courses of action that the judge may institute in her ruling.

The implications of Johan Steynberg possibly being extradited from Brazil may also need to be taken into consideration.

As soon as we have further information in this regard we will post to all our members.

A new membership site is coming soon.

Need help go here to book a one on one consultation: https://getaquid.com/support/

Question from emails answered in this last week:

Where do I upload my Child account documents?

Firstly, make sure to use the correct document naming protocol when uploading sub accounts. https://getaquid.com/document-naming-protocol/

You load these documents under General Documents on your COGS account.

Where do I subscribe if I'm not a member yet?

Here is the subscription link, please subscribe to our group class action and claim submission support service: https://getaquid.com/subscription/

How to calculate your claim amount?

Claim amount (total amount invested in ZAR) as at date of Liquidation @ R340 485.77 per BTC (the amount of BTC invested into MTI multiply by the amount in ZAR) if a withdrawal has been made (investment amount less the withdrawal amount) = the claim amount in ZAR. This calculation must be used for international investors.

How do I contact COGS systems?

International Contact & Email
International Number: +44 20 3103 0023
UK Local Number: 020 3103 0023
United Kingdom – info@cogs.systems

Africa Contact & Email
Mobile Number: +27 81 329 8181
Local Number: +27 12 546 3874
South Africa – info@cogs.systems


Andre Erasmus · 09/07/2022 at 9:16 am

Why do I make monthly payments when this case is going nowhere? Are we getting anywhere on this matter and what is this money being used for?

Jill · 26/08/2022 at 3:04 pm

It is impossible to get support on the phone so I feel that I cannot get on with my claim! You indicated that you would assist us with filling out the forms that is why I signed up to become a member so how do I get assistance?

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