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• Letter to Shareholders from Newly Appointed CEO and Chairperson

• Letter to Shareholders from Newly Appointed CEO and Chairperson.

articleCitrine Global Corp.May 11, 20205/company/citrine-global-corp/news/letter-to-shareholders-from-newly-appointed-ceo-and-chairperson
•	Letter to Shareholders from Newly Appointed CEO and Chairperson

About this update from Citrine Global Corp.

[{"type":"text","content":"LETTER TO SHAREHOLDERS To Our Shareholders,This is the first time that, on behalf of TechCare new management and board, I am addressing you, our shareholders, and I am bringing with me a message of change and renewal.As the new Chairperson and CEO, it is important for me to convey a clear, transparent, message on the process that we have gone through in the past few months and disclose our plans for the company’s new activity.On January 6, 2020 we, the new primary shareholders of TechCare Corp., signed the agreement to acquire control of the company.Since then, we have worked hard to close past issues and open a new page by building a strong infrastructure for the success of the new activity.Our actions included the following:  ●Finalizing the 2019 annual report, with the following highlights:  ○Novomic’s - the previous activity’s - results for 2019, ○Divesting 90% of Novomic’s activity from the company, ○Removing the “Going Concern Note” that has been with the company for years.  ●Creating a strong infrastructure for the success of the new activity with the vision of being a powerhouse for high-growth technology companies utilizing our business and financial expertise in technology, real estate, and financing. ●To reflect the new activity, we are changing the company name to “Citrine Global, Corp.”. We filed a definitive information statement on Form 14(C) in connection with this change and expect it to take effect around the end of May 2020. Summary of Activities of Citrine Global, Corp.Vision:Citrine Global’s vision is to be a powerhouse for high-growth technology companies via business and financial expertise.A Winning Differentiated Strategy ●Citrine Global offers multi-strategy solutions combining strategic marketing, business development, real estate and asset management services and financing solutions. ●Such wide spectrum of services is targeted at helping create an integrated strategy that supports our client companies in achieving their local and global expansion ambitions.We are proud to be launching this special differentiating strategy that will position Citrine Global as a unique player in the market for changing the way technology companies with promising solutions can be empowered to achieve growth milestones and global success.Activities Q1 2...

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