Business
TBYH Card Tech Merger Complete
TBYH Card Tech Merger Complete.
About this update from Tocca Life Holdings, Inc.
[{"type":"text","content":"The merger between TBYH and Card Tech International is now complete.Over the next 30 days a the following events will occur.TBYH will spin off current operations and a special dividend for current shareholders will be announced.TBYH and Card Tech will review final accounts of both entities and a consolidated set of accounts will be published.TBYH are yet to receive a working prototype of the Card but have had the prototype inspected, further inspection will occur in the coming month,A transfer of equity will be orchestrated,A new board will be in place.Card Tech completed the prototype in the last 30 days thanks to a special purpose secured loan of $265,000 USD from Knightsbridge Law Co Ltd , this was one of a number of services and financings secured for Card Tech by Knightsbridge Law Co Ltd and Auriga.Shareholders should monitor OTCMARKETS.com for more news in the coming week,","length":959,"tagName":"div"}]