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Zicix Corporation
Shareholder Letter, September 23, 2019
Published Sep 23 2019
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Shareholder Letter, September 23, 2019

Zicix Corporation
San Antonio, Texas
www. zicixgroup.com


September 23, 2019


From William Petty, CEO
To our Shareholders,


In July 2016, when I accepted the positions of Director, President, Secretary and Treasurer, the Zicix Corporation had recently begun to emerge from a DTC imposed chill prohibiting the Company from depositing new securities. This Depository Trust Company action had been investigated and was fully resolved. However, the Company was behind in OTC Markets Group, Inc. reporting. By December 29, 2017, all disclosure requirements, including financial statements, were current through Quarter III 2017 and have since then remained current.


Incorporated in February 1979, the Company (originally known as Bederra Corporation) was providing financial services, equipment acquisition and leasing as well as staffing services for healthcare providers. Services soon included two diagnostic imaging facilities and two mobile services providers. Following a period of several years during which many changes were introduced and many more were anticipated, the Zicix Board of Directors began searching for a new business direction.


By September 2018, negotiations to acquire Marketing Digest, Inc, were complete and control was assumed in November 2018.  An innovative leader in the field of coupon processing services for both retailers and manufacturers, Marketing Digest remains in its original Springfield, NJ facility under the daily management of its founder and former owner.


Closely related to coupon processing, negotiations were complete for the purchase of Smart Card technology giving us the ability to include digital coupon presentation and redeeming along with other Smart Card features in our planned telephone App.


Included in the accomplishments of the past three years is an equity position with Business Development Team, LLC for the development of a Smart Card e-Wallet including all of the above capabilities. Another of Business Development Team’s assets is introduction of Vending Kiosks for the sale of CBD products in health and fitness clubs.


Our CBD and other health/fitness products include a Chia based supplement and a series of Canine, Feline and Human sprays provided by two manufacturers. An agreement with POS Solutions, LLC will complete the development of an App for mobile phones; this agreement was an equity payment, which has been made. The Beta version of this App has been received and is under trial and review.


The most recent accomplishment as we continue developing interest in the fast growing CBD marketplace is a plan to provide our own hemp. We have recently contracted for access to a 40+ acres portion of a Llano, Texas farm. Working with a Texas A&M graduate we will explore the cultivation of industrial grade hemp for use in manufacturing CBD products. Production of our own hemp will grant us the ability to keep manufacturing costs low while maintaining a high quality product.


Before closing, I want to address the issue of our common share’s market value having dropped dramatically these past few weeks.


Under my direction, the Company has issued shares for Consultant Agreements, professional fees, asset acquisitions and staff compensation. All of our new issues have been in the form of restricted shares. While there have been third-party issues, we can account for our newly issued shares, with the exception of 20,000,000. And, it is understood that this outstanding 20,000,000 shares could have an impact on share price.


Presently we are reviewing options on how to reduce the outstanding shares and consulting with our lawyer on the best path forward. Currently under review is a plan is to exchange Common shares for a new Series of Preferred. I have agreed to exchange my 50,000,000 Common shares for Preferred Series B shares. An investor with 40,000,000 Common shares has also agreed to the same exchange. The shares to be exchanged are not currently available for purchase in the market, so we believe this is a positive step for Zicix given that the Company’s current outstanding restricted Common is approximately 70% of total issued Common shares.


Finally, I would like to thank the shareholders who believed in Zicix, and ask for your continued support as we move forward with these exciting projects. My number one goal is to produce cash flow for Zicix, and I have great faith that we will be able to do so in the near future.


Sincerely,


/s/ William Petty
William A. Petty
Chairman, CEO and President