Why change from a not for profit?

Why change from a not for profit?

To continue with the ambitious plans of assisting everyone, irrespective of individual need, capability or capacity to live the lives of their choosing with the assistance of mobile technology, Jeenee Mobile needed to raise more money. The corporate structure of a not-for-profit prevented the ability of raising this money through investors. Therefore the decision was taken to form Jeenee Communications as a proprietary limited company with equity shareholders contributing the money needed to continue our journey. Our objectives remain the same, and our constitution requires that a minimum percentage of our surpluses are returned to our core purpose.