MONYTIZE, INC: FAILED ACQUISITION Monytize, Inc. failed acquisition

MONYTIZE, INC: FAILED ACQUISITION

Monytize, Inc. failed acquisition was initiated due to the undelivered Statement of Work and
agreed upon features and functionality that were to be produced in the application.

Also, the Change-in-Control that was to be initiated was never completed. Monytize, Inc. failed
to produce their Financials in a timely manner for filings.

The resulting termination of the agreement, along with the reversal of securities and capital injection held in custodial form was necessary.

Monytize, Inc. will reverse all of its intellectual property back to the original
build of the application, and return all shares of common stock of TKCI.
 
Safe Harbor Statement
 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and subject to several uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. Specifically, the company's ability to raise additional capital, execute its business plan and strategy, sustain, or increase gross margins, achieve profitability, and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements are found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of the latest information, future events, or otherwise.