Business
TechCare Announces Letter to Shareholders From Chairman and CEO
TechCare Announces Letter to Shareholders From Chairman and CEO.
About this update from Citrine Global Corp.
[{"type":"text","content":"\n\n\n\nTechCare Announces Letter to Shareholders From Chairman and CEO\n\n\n\n\n\nTechCare Announces Letter to Shareholders From Chairman and CEO\nPR Newswire\nROSH HA'AIN, Israel, February 22, 2017\n\n\n\nROSH HA'AIN, Israel, February 22, 2017 /PRNewswire/ --\n\nTechCare (OTC: TECR), a technology company engaged in the design, development and commercialization of an innovative platform utilizing the vaporization of various natural, plant-based compounds, to enable a wide variety of treatment solutions, has today released a Letter to Shareholders from the Company's chief executive officer and chairman to provide an overview, as follows:\n\nDear Shareholders,\n\nI would like to take this opportunity to welcome you as a shareholder of TechCare and provide you with an overview of the actions taken in conjunction with the merger with BreedIt Corp. and an update on our current products, as well as some insight regarding our plans going forward.\n\nIn August 2016, TechCare Corp. (formerly BreedIT Corp.) completed its merger with Novomic Ltd., a private company organized under the laws of the State of Israel. In connection with the merger, the Company changed its name to TechCare Corp. and instituted a reverse split of its common stock on a 1:30 basis. TechCare's common stock now trades on the OTCQB under the symbol TECR.\n\nThe TechCare Platform \n\nTechCare is engaged in the design, development and commercialization of an innovative technology platform harnessing the power of cold vaporization to deliver natural, plant-based materials to enable a wide variety of treatment solutions. Our proprietary cold vaporization technology enables us to convert our treatment formulations from liquid to gas form, improving the accessibility and effectiveness of the treatment.\n\nEach of our solutions comprise three elements of our patent-protected technologies:\n\nCold-Vaporization Compressors:\n\nOur proprietary compressor are the foundation of all TechCare solutions. Engineered to put the power of cold vaporization directly in the hands of consumers, their intuitive design make them easy to use, while their compact size and elegant design make them suitable for home use.\n\nTreatment:  \n\nBy harnessing the power of cold-vaporization, TechCare formulators are able to exploit the properties of plant based mater...