Last Updated: April 2025

Terms and Conditions Overview

Introduction

This platform is operated by Iceman-Tech, a subsidiary of Agorom Global Limited, registered under the Corporate Affairs Commission (CAC). Iceman-Tech specializes in ice fabrication and maintenance services. The website iceman-tech.biz, along with its associated mobile application, is developed and managed by Iceman-Tech. It offers users access to a wide range of ice block business-related products including ice block machines, compressors, ice blocks, and condensers, accessible via mobile devices or web platforms.

Please note that Iceman-Tech does not offer investment advice. Historical performance of products listed on our app or website does not guarantee future outcomes. Users should carefully consider their investment goals and the platform’s pricing before engaging. Some products listed on the system are not directly issued by Iceman-Tech; rather, the platform serves as a gateway to third-party offerings.

All logos, branding, and related intellectual property on the platform remain the sole property of Iceman-Tech and are protected under applicable intellectual property laws.


TERMS AND CONDITIONS

1. Acceptance of Terms

a. Scope: These Terms and Conditions ("Terms") govern your access to and use of the https://iceman-tech.biz/ website and mobile application (“iceman-tech.biz App”). The platform and its services (collectively, the “System”) are owned and operated by Iceman-Tech (“Company”, “we”, “our”, “us”). References to “you,” “your,” or “Customer” refer to any user or entity utilizing the System.

b. Acceptance: By accessing or using the iceman-tech.biz website or app, you accept these Terms on your own behalf or on behalf of any organization you represent. If you do not agree, discontinue use immediately.

c. Revisions: Iceman-Tech reserves the right to update these Terms at any time without notice. Users are advised to review the latest version regularly.

d. Third-Party Providers: The System may offer services from third-party providers. Iceman-Tech is not responsible for any agreements or engagements you enter into with such providers and does not endorse or guarantee their qualifications.


2. General Content

The System may provide the following content:

  • Account and transaction details

  • News, commentary, educational materials

  • Business metrics and simulation tools

  • Company and third-party branding

  • Software and services from third-party providers

Some of this content may originate from third-party sources.


3. Eligibility

You must be at least 18 years old to use the System. By registering, you confirm that you meet this requirement and are legally competent to be bound by these Terms.


4. Account Registration

To access services on the platform:

  • You must register using accurate and complete information.

  • You are responsible for securing your password and account.

  • Notify us immediately of any unauthorized use.

  • You may not transfer your account without notifying us within three weeks.

Creating an account signifies your acceptance of these Terms. Failure to provide accurate information may lead to suspension or termination of your account.


5. Joint Accounts

For joint accounts:

  • All holders are equally responsible and bound by these Terms.

  • Each holder’s instructions are binding on all.

  • In the event of disputes or death, Iceman-Tech may restrict access or require joint consent.

  • Account holders indemnify Iceman-Tech from losses arising from actions of co-holders.


6. Access

The System is best accessed via standard browsers or mobile devices (Android/iOS). Using other devices or access methods is at your own risk.


7. Account Security

It is your responsibility to:

  • Use the latest app version.

  • Take reasonable steps to secure your device and account credentials.

While we take measures to secure your account, we are not liable for breaches beyond our legal obligations.


8. System Availability

Despite extensive testing, occasional disruptions may occur. Maintenance is typically scheduled during low-traffic hours. System access is not guaranteed at all times.


9. Product Availability

Products and services may change over time. We reserve the right to add, remove, or modify offerings without prior notice.


10. Investment Disclaimer

All investment decisions are made at your own risk. Neither Iceman-Tech nor any third-party provider is liable for any damages resulting from reliance on platform content.


11. Order Execution

Transactions are processed through Iceman-Tech or its partners. Acceptance of any order is at the sole discretion of Iceman-Tech and its affiliates, in accordance with Nigerian regulations.


12. Order Modification and Cancellation

Order cancellation or modification may not always be possible. Customers are responsible for any orders executed despite such requests.


13. Investment Confirmation

Once an investment order is placed:

  • You will receive a confirmation or rejection.

  • Delays may occur due to system issues.

  • You must monitor and confirm all transactions and report errors within 30 days of email confirmation.

Failure to do so within this time constitutes acceptance of the transaction as accurate. Any funds received in error must be returned promptly.


14. Maturity of Investment

Each Ice Block Business investment option listed on the System/App includes a specified maturity date, which the Customer agrees to prior to purchasing a slot. Upon maturity, the principal amount and any accrued interest are automatically credited to the Customer’s wallet. Customers may then transfer the funds to their designated bank accounts, subject to verification that the account details belong to them. All bank charges, including applicable taxes incurred during fund transfers, shall be borne by the Customer. If a Customer is legally exempt from taxes, they must provide Iceman-Tech with a signed and valid declaration form.


15. Pre-Liquidation

Some investment products offered on iceman-tech.biz allow for early termination (pre-liquidation) at the discretion of the Customer. However, such terminations are subject to penalties determined by the nature of the specific investment slot. Early termination is only permitted after a minimum period of thirty (30) days from the date the investment was made.


16. Client Protection Clause

Iceman-Tech is committed to safeguarding the confidentiality of Customer data to the extent required by applicable law. However, Customer information may be disclosed to law enforcement or regulatory agencies when required for the prevention or investigation of fraud, financial crimes, or other illegal activities.


17. Contact Information

For assistance, inquiries, or complaints, please contact our customer support team:


18. Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF)

Iceman-Tech enforces strict AML/CTF compliance policies and procedures designed to prevent the platform from being used for money laundering or the financing of terrorism. These policies are regularly reviewed and updated in line with legal and regulatory developments.

Customers acknowledge and agree that Iceman-Tech may perform background checks, due diligence, or monitoring at any time. This may include account restrictions, suspensions, or reporting to authorities if suspicious activity is identified. Iceman-Tech reserves the right to terminate any investment, with thirty (30) days' written notice, if such action is required by law or regulatory standards. By using our services, you consent to the sharing of your personal data with law enforcement where required and waive any privacy claims in such instances.


19. Warranties, Disclaimers, and Limitations of Liability

Your Warranties:

You represent and warrant that:

  • All information you provide is accurate and truthful;

  • You are authorized to share such information with us;

  • Your use of the Site/App complies with applicable laws and contractual obligations;

  • No materials provided by you infringe on any third party’s intellectual property or privacy rights.

Disclaimer of Warranties:

Iceman-Tech provides its services and content “as is,” without any warranties. We reserve the right to restrict or terminate your access to the system at any time. Downloading content is done at your own risk; we are not liable for any resulting damage to your device or data.

Limitation of Liability:

Iceman-Tech and its partners shall not be liable for any direct, indirect, incidental, consequential, or exemplary damages arising from:

  • Use or inability to use the service;

  • The cost of obtaining substitute services;

  • Unauthorized access to or alteration of your data;

  • Any other matter related to the service.

This includes, but is not limited to, damages caused by system failures, natural disasters, strikes, government actions, and acts of war. If your jurisdiction does not permit certain liability exclusions, some of these limitations may not apply to you.


20. Indemnity

You agree to indemnify and hold harmless Iceman-Tech and its officers from any losses, damages, costs (including reasonable legal fees), or claims arising from:

  • Your breach of these Terms;

  • Your misuse of the system;

  • Any violation of applicable laws, negligence, or misconduct on your part.


21. Death of Customer

In the event of a Customer’s death, any funds held by Iceman-Tech on behalf of the deceased shall remain invested. Disbursement of such funds will only be made in accordance with the applicable estate administration laws in the deceased Customer's country of domicile.


Miscellaneous Provisions

  • These Terms are governed by the laws of the Federal Republic of Nigeria.

  • The Customer agrees to receive and understand these Terms in English.

  • These Terms constitute the entire agreement and supersede all prior understandings.

  • If any provision is held unenforceable, the remaining provisions remain valid.

  • Failure to enforce any term shall not be deemed a waiver.

  • The Customer consents to call recording and agrees to our Privacy Policy.

  • Iceman-Tech may conduct credit checks and verify your information as needed.


Supplementary Terms and Conditions

Funding:

Customers must pre-fund their accounts to initiate transactions. Payments must be made via cheque or bank transfer. Iceman-Tech will not pay interest on unused balances and accepts no liability for cash handed to staff members.

Payment of Indebtedness:

Customers must promptly settle all outstanding debts upon request. They shall bear all associated recovery costs, including legal and administrative charges.

Right of Set-Off:

Iceman-Tech may, without notice, consolidate and offset funds from any of your accounts to settle present or future liabilities owed to the company.

Arbitration:

All disputes shall be resolved by a sole arbitrator jointly appointed by the parties under the Arbitration and Conciliation Act, Cap A18, LFN 2004. If the parties cannot agree, the Chairman of the Chartered Institute of Arbitrators (Nigeria) shall appoint the arbitrator.

Governing Law:

These Terms and Conditions shall be governed and construed in accordance with the laws of the Federal Republic of Nigeria.


D. Risk Related to Customer’s Own Investment

All investment decisions are made independently by the Customer, without advisory input from Iceman-Tech. The Customer confirms that adequate due diligence was conducted before investing, including analysis of the business, asset condition, and market risks. Consequently, the Customer bears full responsibility for all risks and outcomes related to the investment, and Iceman-Tech shall not be held liable for any related losses or damages.


 Terms and Conditions for Ice Block Machine Investment


1. Investment Scope
Investors acquire an ice block machine with a production capacity as specified in the relevant slot information. ICE MAN TECH (referred to as “the Manager”) assumes full responsibility for managing the machine on behalf of the Investor.


2. Purchase Details

  • Each machine is sold based on the details and specifications outlined in the corresponding investment slot.

  • All machines are delivered in functional condition and fully operational at the time of investment.


3. Management and Maintenance

  • ICE MAN TECH is accountable for the routine maintenance and repairs of the machine.

  • In the event of compressor replacement:

    • If covered by ICE MAN TECH, income will be shared equally—50% to the Investor and 50% to ICE MAN TECH.

    • If not covered, income will be split 65% to the Investor and 35% to ICE MAN TECH.


4. Production and Income

  • Each machine operates according to the production specifications listed in its respective slot.

  • Revenue calculations are conducted twice weekly and finalized at the end of each week, based on actual sales.

  • Ice block sale prices are aligned with prevailing market rates. For example, if one block is sold at ₦300 and 100 blocks are sold, the total revenue is ₦30,000.


5. Ownership Rights

  • Investors do not own the machines unless expressly stated in the slot details.

  • If an Investor owns a machine, it may be withdrawn from ICE MAN TECH’s management with a minimum of three (3) weeks written notice.

  • Investors also reserve the right to resell their machine or investment slot, subject to a three (3) weeks written notice to ICE MAN TECH.


6. Price Updates
ICE MAN TECH shall provide weekly updates to Investors regarding current market prices for ice blocks.


7. Income Remittance
The Investor’s share of revenue will be remitted on a daily, weekly, or monthly basis—depending on the specifics of the slot—after full reconciliation of sales.


8. Taxes and Liabilities

  • Investors bear full responsibility for any taxes imposed on their earnings.

  • ICE MAN TECH shall not be held liable for market fluctuations, force majeure events, or other external factors impacting machine productivity.


9. Termination
ICE MAN TECH reserves the right to modify or terminate its management arrangement, with prior notice to the Investor, should circumstances require such action.


10. Governing Law
These Terms shall be interpreted and governed in accordance with the laws of the Federal Republic of Nigeria.

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