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ZVTK - Zevotek Expands High Tech Asset Portfolio With New Acquisition Increasing Market Size Target to Over $125 Billion
ZVTK - Zevotek Expands High Tech Asset Portfolio With New Acquisition Increasing Market Size Target to Over $125 Billion.
About this update from Zevotek Inc
[{"type":"text","content":"\n\n\n\nZVTK - Zevotek Expands High Tech Asset Portfolio With New Acquisition Increasing Market Size Target to Over $125 Billion\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nZVTK - Zevotek Expands High Tech Asset Portfolio With New Acquisition Increasing Market Size Target to Over $125 Billion\nPR Newswire\nLAS VEGAS, May 20, 2019\n\n\n\nLAS VEGAS, May 20, 2019 /PRNewswire/ -- Zevotek, Inc. (USOTC: ZVTK) (\"ZVTK\") is pleased to announce that on May 7th, 2019, the company completed an asset purchase agreement with Blankki Products, Inc.  This asset purchase agreement expands ZVTK's high tech asset portfolio and is separate from the software as a service (SaaS) asset ZVTK has been developing for over a year that is the subject of a presentation to be released by ZVTK management later this week.  ZVTK's SaaS asset is targeting an $85 billion B2B market opportunity, and the new Blankki acquisition is targeting a $36 billion market opportunity.  With ZVTK's two leading high-tech portfolio holdings under management, the company is targeting a collective $126 billion market opportunities.\nEffective May 7th, 2019, Zevotek acquired all of the assets of Blankki Products, Inc., for 7,000,000 restricted common shares. The assets include:\nall proprietary software, firmware and hardware together with any works in progress, updates, upgrades and improvements; all assets, rights, tangible and intangible property used in or relating to the Purchased Business, including specifically but without limitation, all patents, patent applications, patents pending, and any rights related thereto; all licenses, computer equipment, software, data, email addresses and accounts used in the Purchased Business such books and records as are necessary to conduct the business of the Purchased Business exactly as it is now being conducted; all internet protocol addresses, trade names, trademarks and service marks, mark registrations and applications, domain name registrations, web sites and related content, images and designs, copyrights, material that is subject to non-copyright p...