Itonis Inc (ITNS)

[Hole shot King]

Capitalized License Fees- The Company obtained a license for a mobile payment
transfer application from MyECheck, Inc. The $324,000 cost of the license has
been capitalized pending commencement of sales


Itonis is also awaiting MyECheck, Inc.’s mobile app to facilitate point of purchase
transactions in the medical marijuana, gambling and general retail sectors. Itonis’
licensing rights are merely pending MyECheck’s finalization and delivery of the
app.

The Company is also positioning itself to receive the final mobile app from
MyECheck, Inc. The companies have been in communications to coordinate the
delivery of the mobile app to Itonis, Inc.


http://www.otcmarkets.com/financialReportViewer?symbol=ITNS&id=154841


$ITNS & $MYEC