Mr. Esposito touches on the meeting that was recently conducted with the head of membership for the entire National Rifle Association “NRA” based in Fairfax, VA. and how the app can benefit this large scaled association with approximately 5,000,000 members. Mr. Jolly asks an important question regarding MobiCoin and Mr. Esposito elaborates on the relation of the MobiCoin to the new Cryptocurrency, how this MobiCoin is exclusive to the MobiCard app and he touches on how this new marketing reward program has brought on a new wave of subscribers. Finishing off the interview, he discusses the Company’s current financial filing status, a 2 year PCAOB audit and how the Company plans to eventually re-file with the SEC with the goal of becoming a fully reporting audited SEC filer.
In a final closing statement Director of Business Development Christopher Esposito states, “Our plan ultimately is to go back to being an SEC filer. We made a decision back in April 2017 to file a form 15 to voluntarily drop down to an alternative reporting status, primarily due to costs associated with being fully reporting at the time. However, since our announcement of the release of MobiCoin, our business and investment funding options have improved dramatically, therefore we can now justify the cost.”
