World Health Energy Holdings Inc (WHEN)

[Slojab]

$WHEN

💰0.0003
Pink Current, AS: 750B, OS: 520B, US: 23B

Officer(s) Removed:
🔴Giora Rozensweig, CEO
🔴Maj. Gen. (Ret.) Dan Yatom, President
🔴Toni Maranda, COO
🔴Tom Tromer, VP, Sales & Bus. Dev.
🔴Olga Krylov, CIO
🔴Alexeii Krein, CTO
🔴Gaya Rosensweig, Chief Compliance Officer
🔴George Baumoehl, Chief Strategy Officer
🔴Dr. August Hanning, Advisor
🔴Tommy Alexandra Rozensweig, CBO
🔴Barry A Ginsberg, O.D., Consultant



Outstanding Shares Updated:
🔴 520,296,074,663 (2023-06-30)
🟢 520,796,074,663 (2023-10-18)
Difference: +0.1% (+500M)

Restricted Shares Updated:
🔴 496,465,554,526 (2023-06-30)
🟢 496,965,554,526 (2023-10-18)
Difference: +0.1% (+500M)

Director(s) Removed:
🔴George Baumoehl, Director
🔴Gaya Rosensweig, Director
🔴Giora Rozensweig, Director

[Chartmaster]

Great News! Someone did know something, News leaked

[Chartmaster]

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group’s Cybersecurity, AI and Telecom Technology Footprint

Acquisition Enables Integration of Synergistic Technologies and expansion of WHEN Group’s Product Offerings

BOCA RATON, FL, Oct. 19, 2023 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC Pink: WHEN) (“WHEN Group”), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that the majority shareholder of WHEN Group executed a binding letter of intent with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a developer of an alternative financial ecosystem to underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.

WHEN Group was founded by Israeli engineers and international professionals with deep backgrounds in cybersecurity and data threat remediation in both government and private sectors. From business and personal privacy to fin-tech security, WHEN Group has been developing solutions that utilize advanced pattern recognition and AI to create a security screening environment that can detect and defend against a range of threats and attacks on telecom, banking, and other communication infrastructure.

Following approval and closing of the transactions, Cuentas intends to integrate WHEN Group’s portfolio of cybersecurity solutions into the Cuentas Mobile Platform and will offer WHEN Group’s advanced solutions to Cuentas’ FinTech partners.

WHEN Group has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed telecom (full core mobile virtual network operator) in Poland, joining a small group of licensed telecom operators in the EU. As Cuentas is in the mobile financial services area (amongst others), WHEN Group believes that there are significant synergies between the companies that can be realized.

Cuentas and WHEN Group have been collaborating to identify immediate opportunities to provide WHEN Group solutions not only to the CUENTAS mobile platform, but also to businesses and industries that Cuentas serves in the US and around the world. The companies plan on deploying WHEN Group’s proprietary software to protect families concerned with external cyber threats at home, enabling the monitoring of a child and his environmental behavioral patterns that will alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression / state of mind.

In consideration for the principal shareholder of WHEN Group, UCG, Inc. (“UCG”), exchanging its 75% stake, Cuentas will issue to UCG such number of common shares of CUEN which will represent on the date of issuance 50% of Cuentas’ issued and outstanding capital (on a fully diluted basis).

Following the closing, WHEN Group will be a majority owned subsidiary of Cuentas indirectly held through UCG’s holdings in WHEN Group, and the Board of Directors of and executive management of WHEN Group intend develop a detailed and granular business plan and operating budget, including sources and uses of cash, to fund and grow WHEN Group’s operations and revenues, including the integration where practicable of the WHEN Group and Cuentas product.

Major Gen. (Ret.) Danny Yatom, President of WHEN Group and Former Director of Israeli Mossad, said, “We have been focused on developing a state-of-the-art technology platform that defends critical communications and financial infrastructure against attack and compromise. The proposed transaction puts WHEN Group on the world stage and will enable us to bring our innovations more rapidly to market.”

WHEN Group’s easy-to-use AI and machine learning driven platform is a holistic solution that integrates with any system and is fully customizable based on customer needs. Management believes the Company’s solutions address a broad segment of the fast-growing, multi-billion-dollar cybersecurity market.

Giora Rosensweig, CEO of WHEN Group, added, “This transaction will help solidify our foundation and advance our position as a major player in the new age of cybersecurity and AI, enabling us to address the previously unsolvable security problems in fintech. Together with Cuentas, we see the opportunity to expand more rapidly across multiple markets and industries as we bring our innovative solutions to major customers in the US and around the world. Ultimately, we believe this deal will provide a clear path for WHEN Group to uplist to a senior US exchange.”

Subject to the terms of the letter of intent, WHEN Group management, including Major Gen. (Ret) Danny Yatom, Giora Rosenzweig, and George Baumoehl, a WHEN Group director and part owner of UCG, will be joining the Cuentas Board of Directors and/or Executive Management. While the companies will initially continue to operate independently, management from both teams believe the synergies between the companies hold the potential to develop significant business relationships.

“I have known some of the players on the WHEN Group team for many years and have always believed that their solutions could become a standard in communications security for businesses and families”, said Cuentas Co-Founder and CEO Arik Maimon. “The world needs what WHEN Group is developing now more than ever, and we are prepared to assist in delivering their solutions to our expanding customer base.”

Both Cuentas and WHEN Group have taken a broad portfolio approach to their respective markets. Both management teams are aligned on the notion of building extended platforms and focusing on new technologies that connect vertical markets.

“Increasingly, people address the digital world through their mobile devices, and in many countries, the mobile phone is the only way they connect,” stated Michael De Prado, Co-founder and President of Cuentas. “We have seen what can happen when the digital world gets out of control, and we want to protect businesses and families who are increasingly at risk.”

According to Grand View Research, the global cybersecurity market was estimated at $202.72 billion (USD) in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030. The growing number of cyber-attacks owing to the proliferation of e-commerce platforms, the emergence of smart devices, and the deployment of the cloud are some of the key factors propelling the market growth. Increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase the cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate the cyber-attacks risk, supporting the market growth.2

2 https://www.grandviewresearch.com/industry-analysis/cyber-security-market

Cuentas’ Board of Directors has approved the transaction, and the companies expect to complete the transaction by year end of 2023. The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas.

About World Health Energy Holdings, Inc.

World Health Energy Holdings, Inc. (d/b/a WHEN Group) is a holding company comprised of CrossMobile, SG 77, Inc./RNA Ltd, which develops and significantly improves existing cybersecurity solutions in the B2C and B2B marketplace. WHEN Group develops new systems by applying pattern recognition technology based on IOT / mobile / servers and computer activity, analyzing human and device behavior, relationships, and BPM (Business Process Management) to automatically identify and prevent potential danger to individuals and companies. The B2C Cybersecurity division targets families concerned with external cyber threats and exposures in addition to monitoring a child’s behavioral patterns that may alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression. The B2B Cybersecurity system software development and implementation company is focused on innovative solutions for the constantly evolving cyber challenges of businesses, non-governmental organizations (NGOs) and governmental entities. By deploying a highly experienced development team, RNA Ltd. anticipates both internal and external cyber threats, by identifying behavioral patterns that flag potential cyber compromises.

Additional information is available at: https://www.whengroup.com/.

About Cuentas

Cuentas, Inc. (Nasdaq: CUEN & CUENW) is creating an alternative financial ecosystem for the growing global population who do not have access to traditional financial alternatives. The Company’s proprietary technologies help to integrate FinTech (Financial Technology), e-finance and e-commerce services into solutions that deliver next generation digital financial services to the unbanked, under-banked and underserved populations nationally in the USA. The Cuentas Platform integrates Cuentas Mobile, the Company’s Telecommunications solution, with its core financial services offerings to help entire communities enter the modern financial marketplace. Cuentas has launched its General Purpose Reloadable (GPR) Card, which includes a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content. In Q1 of 2023Cuentas launched Cuentas Casa, an alternative housing development initiative that secured a 10-year supply agreement for a patented, sustainable building system that will provide the bridge between its technology solutions and the affordable housing market. Cuentas has made investments to date in affordable housing projects for over 450 apartments.

Additional information is available at: https://cuentas.com and https://cuentasmobile.com

Forward-Looking Statements

This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements involve substantial uncertainties and risks and are based upon our current expectations, estimates, and projections, and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, but not limited to, the current situation in Israel, our obtain the consents required to consummate the proposed transaction, our ability to integrate the operations of the acquired entities and manage the combined entity, our ability to raise the capital needed to realize our business plan and on commercially reasonable terms to realize this opportunity, the success of our business plan, market reception of our products, our ability to retain needed personnel and our ability to compete against companies with much larger resources as well as the risks and uncertainties discussed under the heading "RISK FACTORS" in our Annual Report on Form 10-K for the year ended December 31, 2022 filed on April 17, 2023, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

Investor Relations:
Dave Gentry, CEO
RedChip Companies Inc.
407-491-4498
[e-mail]
https://www.globenewswire.com/newsroom/ti?nf=ODk1MjI2NSM1ODgxMzYzIzUwMDA2NzQ2OQ==
https://ml.globenewswire.com/media/NjRjODc0YzctNmViMC00NTgyLWFhYzEtMDkyYmJkYWZkZGY4LTUwMDA2NzQ2OQ==/tiny/World-Health-Energy-Holdings-I.png

Source: World Health Energy Holdings, Inc.

© 2023 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/WHEN/news/story?e&id=2662510

[TIMGZ]

VERY HAPPY FOR BUYNOW2018****ACCUMULATION FOR A WHILE NOW***OVER 1B SHARES. I KNOW

[JC Penny]

The news is real.

[JC Penny]

The acquisition will probably be completed today. Load up on shares now, if you can!

[JC Penny]

This is good! To the moon!

[Zorro]

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group's Cybersecurity, AI and Telecom Technology Footprint
8:50 am ET October 19, 2023 (Globe Newswire) Print
GlobeNewswireOctober 19, 2023
Acquisition Enables Integration of Synergistic Technologies and expansion of WHEN Group's Product Offerings


BOCA RATON, FL, Oct. 19, 2023 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC Pink: WHEN) ("WHEN Group"), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that the majority shareholder of WHEN Group executed a binding letter of intent with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a developer of an alternative financial ecosystem to underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.

WHEN Group was founded by Israeli engineers and international professionals with deep backgrounds in cybersecurity and data threat remediation in both government and private sectors. From business and personal privacy to fin-tech security, WHEN Group has been developing solutions that utilize advanced pattern recognition and AI to create a security screening environment that can detect and defend against a range of threats and attacks on telecom, banking, and other communication infrastructure.

Following approval and closing of the transactions, Cuentas intends to integrate WHEN Group's portfolio of cybersecurity solutions into the Cuentas Mobile Platform and will offer WHEN Group's advanced solutions to Cuentas' FinTech partners.

WHEN Group has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed telecom (full core mobile virtual network operator) in Poland, joining a small group of licensed telecom operators in the EU. As Cuentas is in the mobile financial services area (amongst others), WHEN Group believes that there are significant synergies between the companies that can be realized.

Cuentas and WHEN Group have been collaborating to identify immediate opportunities to provide WHEN Group solutions not only to the CUENTAS mobile platform, but also to businesses and industries that Cuentas serves in the US and around the world. The companies plan on deploying WHEN Group's proprietary software to protect families concerned with external cyber threats at home, enabling the monitoring of a child and his environmental behavioral patterns that will alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression / state of mind.

In consideration for the principal shareholder of WHEN Group, UCG, Inc. ("UCG"), exchanging its 75% stake, Cuentas will issue to UCG such number of common shares of CUEN which will represent on the date of issuance 50% of Cuentas' issued and outstanding capital (on a fully diluted basis).

Following the closing, WHEN Group will be a majority owned subsidiary of Cuentas indirectly held through UCG's holdings in WHEN Group, and the Board of Directors of and executive management of WHEN Group intend develop a detailed and granular business plan and operating budget, including sources and uses of cash, to fund and grow WHEN Group's operations and revenues, including the integration where practicable of the WHEN Group and Cuentas product.

Major Gen. (Ret.) Danny Yatom, President of WHEN Group and Former Director of Israeli Mossad, said, "We have been focused on developing a state-of-the-art technology platform that defends critical communications and financial infrastructure against attack and compromise. The proposed transaction puts WHEN Group on the world stage and will enable us to bring our innovations more rapidly to market."

WHEN Group's easy-to-use AI and machine learning driven platform is a holistic solution that integrates with any system and is fully customizable based on customer needs. Management believes the Company's solutions address a broad segment of the fast-growing, multi-billion-dollar cybersecurity market.

Giora Rosensweig, CEO of WHEN Group, added, "This transaction will help solidify our foundation and advance our position as a major player in the new age of cybersecurity and AI, enabling us to address the previously unsolvable security problems in fintech. Together with Cuentas, we see the opportunity to expand more rapidly across multiple markets and industries as we bring our innovative solutions to major customers in the US and around the world. Ultimately, we believe this deal will provide a clear path for WHEN Group to uplist to a senior US exchange."

Subject to the terms of the letter of intent, WHEN Group management, including Major Gen. (Ret) Danny Yatom, Giora Rosenzweig, and George Baumoehl, a WHEN Group director and part owner of UCG, will be joining the Cuentas Board of Directors and/or Executive Management. While the companies will initially continue to operate independently, management from both teams believe the synergies between the companies hold the potential to develop significant business relationships.

"I have known some of the players on the WHEN Group team for many years and have always believed that their solutions could become a standard in communications security for businesses and families", said Cuentas Co-Founder and CEO Arik Maimon. "The world needs what WHEN Group is developing now more than ever, and we are prepared to assist in delivering their solutions to our expanding customer base."

Both Cuentas and WHEN Group have taken a broad portfolio approach to their respective markets. Both management teams are aligned on the notion of building extended platforms and focusing on new technologies that connect vertical markets.

"Increasingly, people address the digital world through their mobile devices, and in many countries, the mobile phone is the only way they connect," stated Michael De Prado, Co-founder and President of Cuentas. "We have seen what can happen when the digital world gets out of control, and we want to protect businesses and families who are increasingly at risk."

According to Grand View Research, the global cybersecurity market was estimated at $202.72 billion (USD) in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030. The growing number of cyber-attacks owing to the proliferation of e-commerce platforms, the emergence of smart devices, and the deployment of the cloud are some of the key factors propelling the market growth. Increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase the cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate the cyber-attacks risk, supporting the market growth.2

2https://www.grandviewresearch.com/industry-analysis/cyber-security-market

Cuentas' Board of Directors has approved the transaction, and the companies expect to complete the transaction by year end of 2023. The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas.

About World Health Energy Holdings, Inc.

World Health Energy Holdings, Inc. (d/b/a WHEN Group) is a holding company comprised of CrossMobile, SG 77, Inc./RNA Ltd, which develops and significantly improves existing cybersecurity solutions in the B2C and B2B marketplace. WHEN Group develops new systems by applying pattern recognition technology based on IOT / mobile / servers and computer activity, analyzing human and device behavior, relationships, and BPM (Business Process Management) to automatically identify and prevent potential danger to individuals and companies. The B2C Cybersecurity division targets families concerned with external cyber threats and exposures in addition to monitoring a child's behavioral patterns that may alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression. The B2B Cybersecurity system software development and implementation company is focused on innovative solutions for the constantly evolving cyber challenges of businesses, non-governmental organizations (NGOs) and governmental entities. By deploying a highly experienced development team, RNA Ltd. anticipates both internal and external cyber threats, by identifying behavioral patterns that flag potential cyber compromises.

Additional information is available at: https://www.whengroup.com/.

About Cuentas

Cuentas, Inc. (Nasdaq: CUEN & CUENW) is creating an alternative financial ecosystem for the growing global population who do not have access to traditional financial alternatives. The Company's proprietary technologies help to integrate FinTech (Financial Technology), e-finance and e-commerce services into solutions that deliver next generation digital financial services to the unbanked, under-banked and underserved populations nationally in the USA. The Cuentas Platform integrates Cuentas Mobile, the Company's Telecommunications solution, with its core financial services offerings to help entire communities enter the modern financial marketplace. Cuentas has launched its General Purpose Reloadable (GPR) Card, which includes a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content. In Q1 of 2023Cuentas launched Cuentas Casa, an alternative housing development initiative that secured a 10-year supply agreement for a patented, sustainable building system that will provide the bridge between its technology solutions and the affordable housing market. Cuentas has made investments to date in affordable housing projects for over 450 apartments.

Additional information is available at: https://cuentas.com and https://cuentasmobile.com

Forward-Looking Statements

This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements involve substantial uncertainties and risks and are based upon our current expectations, estimates, and projections, and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, but not limited to, the current situation in Israel, our obtain the consents required to consummate the proposed transaction, our ability to integrate the operations of the acquired entities and manage the combined entity, our ability to raise the capital needed to realize our business plan and on commercially reasonable terms to realize this opportunity, the success of our business plan, market reception of our products, our ability to retain needed personnel and our ability to compete against companies with much larger resources as well as the risks and uncertainties discussed under the heading "RISK FACTORS" in our Annual Report on Form 10-K for the year ended December 31, 2022 filed on April 17, 2023, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

Investor Relations:

Dave Gentry, CEO

RedChip Companies Inc.

407-491-4498

[e-mail]

[PENNY DIPZ]

CONGRATULATIONS TO EVERYONE THAT LOADED 1’s!!!! 100 realized gains are fun!!! $$$$$WHEN$$$$$$

[INVESTOR 1384]

I agree!

[CountOfMeltedCrisco]

Indeed, but the way the PR is worded; and that it originated from Cuentas, not WHEN;
and that the "players" appear to have known of and about each other for quite some
time gives me a measure of optimism.

If they're really serious about this, they'll sell that Polish cell phone carrier and focus entirely
on serving Cuentas' target market... the "unbanked" - for now - Hispanic / Latino market.
Many don't realise just how big that market really is.

[koolmc]

yeah "if" the news is real, that's why the price is down here for now. Good for a lotto though.

[INVESTOR 1384]

My only concern here is that it’s a letter of intent!!!!!!!! We know how most of these go!!!!!!!!

[TIMGZ]

WHEN


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Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Cuentas’ Proposed Acquisition of a 75% Equity Stake in World Health Energy Holdings, Inc. (WHEN) is intended to Expand Cuentas’ Mobile business and Provide critical Next-Generation Security Against Privacy and Cyber Threats .

MIAMI BEACH, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (CUEN) ("Cuentas"), developer of an alternative financial ecosystem to the underbanked, today signed a letter of intent to acquire control of WHEN Group (World Health Energy Holdings, Inc. – OTC Pink: WHEN), pending Nasdaq and shareholder approval and other specified conditions, through a share exchange with WHEN’s principal shareholder, leaving Cuentas(CUEN) uniquely debt-free and well positioned to grow its mobile and FinTech lines.

The WHEN Group was founded by Israeli engineers and international professionals with deep background in Cyber security and data threat remediation in both government and private sectors. From business and personal privacy to fin-tech security, WHEN has been developing solutions that utilize advanced pattern recognition and AI to create a security screening environment that can detect and defend against a range of threats and attacks on telecom, banking, and other communication infrastructure. Upon closing of the acquisition, Cuentas(CUEN) intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.

This move comes on the heels of new global conflicts from Ukraine to Israel, conflicts which have increasingly brought to light the dangers that are threatening our global digital infrastructure systems. These threats extend beyond governments to families and individuals. According to a recent report by the Red Cross, “There is no escaping the life-changing and life-endangering impact that digital technologies are having on people affected by conflict.” Digital threats such as surveillance, cyber-attacks, misuse of personal data, misinformation and disinformation are all-pervasive and these risks continue to evolve rapidly with new technologies such as generative artificial intelligence (AI) joining an ever-expanding list of digital dangers.1

1https://blogs.icrc.org/inspired/2023/08/25/digital-dilemmas-immersive-experience-exposes-technology-threats/

Cuentas’ Management has been working with WHEN to identify immediate opportunities to provide WHEN solutions not only to the CUENTAS(CUEN) mobile platform, but also to the businesses and industries that Cuentas(CUEN) serves in the U.S. and around the world. Additionally, the parties are planning on deploying WHEN’s proprietary software to protect families concerned with external cyber threats at home, enabling the monitoring of a child and his environmental behavioral patterns that will alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression / state of mind.

In consideration of the acquisition of the 75% stake in WHEN, Cuentas(CUEN) will issue to UCG, Inc. the principal shareholder of WHEN, such number of common shares of CUEN which will represent on the date of issuance 50% of Cuentas’ issued and outstanding capital (on a fully diluted basis), in exchange for UCG’s stake in WHEN. Subject to the terms of the agreement, WHEN Group management, including Major Gen. (Ret) Danny Yatom, a former Director of Israeli Mossad, and current President of WHEN, and Giora Rosensweig, CEO with major experience in cyber security and artificial intelligence, will be joining the Cuentas Board of Directors and Executive Management. While the companies will initially continue to operate independently, management from both teams believe the synergies between the companies can pave the way to even deeper relationships.

“I have known some of the players on the WHEN team for many years and have always believed that their solutions could become a standard in communications security for businesses and families”, said Cuentas Co-Founder and CEO Arik Maimon. “The world needs what WHEN is developing now more than ever… and we are going to bring it to them!”

WHEN Group was incorporated as a joint venture between SG77 and RNA Ltd, which develop and improve cyber security and cyber monitoring solutions in the B2C and B2B marketplace. WHEN has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed Telecom (full core mobile virtual network operator) in Poland, joining a small, rarified group of licensed telecom operators in the EU. Cuentas(CUEN) believes that this will provide a powerful proof of concept for the Company’s planned launch of services into the US.

“We have been heads down focused on created a state-of-the-art technology platform that defends critical communications and financial infrastructure against attack and compromise” said Major Gen. (Ret.) Danny Yatom, President of WHEN and Former Director of Israeli Mossad. “The proposed transaction puts us on the world stage and will enable us to bring our innovations more rapidly to market.”

WHEN’s easy-to-use A.I. and machine learning driven platform is a holistic solution that integrates with any system and is fully customizable based on customer needs. Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.

“We needed to get our solutions in front of major players in the US and around the world”, stated Giora Rosensweig, CEO of WHEN Group. “With Cuentas as partners, we see the opportunity to expand more rapidly across multiple markets and industries.”https://whengroupinfo.com/

Both Cuentas(CUEN) and WHEN have taken a broad portfolio approach to their markets, and management teams are aligned on the notion of building extended platforms, focusing on new technologies that connect vertical markets. With this acquisition, Cuentas(CUEN) is extending its platform from connect, to protect.

“Increasingly, people address the digital world through their mobile devices, and in many countries, the mobile phone is the only way they connect,” stated Michael De Prado, Co-founder and President of Cuentas(CUEN). “We have seen what can happen when the digital world gets out of control, and we want to protect businesses and families who are increasingly at risk.”

Earlier in the year, Cuentas(CUEN) made a move into the real estate tech market, with the launch of Cuentas Casa, and the announcements of development and tech partnerships for the next generation of building construction. WHEN management mirrors this approach with their recent acquisition of Polish Telco, CrossMobile. Further, a key investor and stakeholder in WHEN is real estate developer, George Baumoehl, an early investor in WHEN, a WHEN director and part of the group who are exchanging their equity interest in WHEN for the Cuentas(CUEN) shares.

“Technology is bringing the world closer together, and, now with AI, the opportunities to impact multiple markets efficiently have increased significantly”, said Baumoehl. “I see the combination of WHEN tech and Cuentas(CUEN) access as pivotal, and I have communicated to management of both companies that I will continue to support their growth”.

According to Grand View Research, the global cyber security market size was estimated at USD 202.72 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030. The growing number of cyber-attacks owing to the proliferation of e-commerce platforms, the emergence of smart devices, and the deployment of the cloud are some of the key factors propelling the market growth. Increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase the cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate the cyber-attacks risk, supporting the market growth.2

2 https://www.grandviewresearch.com/industry-analysis/cyber-security-market

“With the world’s virtually 100% dependency on communication and financial technology, the risk may be incalculable,” continued Maimon. “With this announcement, we are now able to focus not just on connecting, but also on protecting the markets, business and families we reach.”

Cuentas’ Board of Directors has approved the transaction and the Companies expect to complete the transaction this year. The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas(CUEN) approving the transaction.

About WHEN

World Health Energy Holdings, Inc. (WHEN) is a holding company comprised of CrossMobile, SG 77, Inc./RNA Ltd, which develops and significantly improves existing cybersecurity solutions in the B2C and B2B marketplace. WHEN Group develops new systems by applying pattern recognition technology based on IOT / mobile / servers and computer activity, analyzing human and device behavior, relationships, and BPM (Business Process Management) to automatically identify and prevent potential danger to individuals and companies. The B2C Cybersecurity division targets families concerned with external cyber threats and exposures in addition to monitoring a child’s behavioral patterns that may alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression. The B2B Cybersecurity system software development and implementation company is focused on innovative solutions for the constantly evolving cyber challenges of businesses, non-governmental organizations (NGOs) and governmental entities. By deploying a highly experienced development team, RNA Ltd. anticipates both internal and externalcyber threats, by identifying behavioral patterns that flag potential cyber compromises.

Additional information is available at:https://www.whengroup.com/.

About Cuentas(CUEN)

Cuentas, Inc. (CUEN) is creating an alternative financial ecosystem for the growing global population who do not have access to traditional financial alternatives. The Company’s proprietary technologies help to integrate FinTech (Financial Technology), e-finance and e-commerce services into solutions that deliver next generation digital financial services to the unbanked, under-banked and underserved populationsnationally in the USA. The Cuentas Platform integratesCuentas Mobile, the Company’s Telecommunications solution, with its core financial services offeringsto help entire communities enter the modern financial marketplace. Cuentas(CUEN) has launched its General Purpose Reloadable (GPR) Card, which includes a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content. In Q1 of 2023Cuentas launched Cuentas Casa, an alternative housing development initiativethat secured a 10-year supply agreement for a patented, sustainable building system that will provide the bridge between its technology solutions and the affordablehousing market. Cuentas(CUEN) has made investments to date in affordable housing projects for

[CountOfMeltedCrisco]

IF... this is for real... it's going to be a ZIP-Code changer for a few.
We shall see. Sometimes, the tortoise really does win!

[INVESTOR 1384]

Awesome! Thanks so much!!!!!!!

[CountOfMeltedCrisco]

Here's a direct URL:
https://www.marketwatch.com/press-release/cuentas-to-introduce-proprietary-mobile-security-technology-to-the-u-s-market-398cb681?mod=mw_quote_news_seemore

It appears to be from Cuentas' purview, which makes it all the more credible; not the usual WHEN Bufu&BaffleGab PR.

Yeah, this might be "WHEN"; I also agree with ChartMaster that the whole "trips" space is coming alive,
when the NAZ and S&P500-reduced-to-7 start collapsing in earnest, this will be the new "playground" for all that "hot" money wanting somewhere, anywhere, to go.

[AKAPAK]

Today's News, October 16, 2023
8:30 am ET
Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market(Thomson Reuters ONE)

Sorry, could not get direct link but there if you look.

OK, from the Scwab trading:

http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231016:nGNXd0BCt&default-theme=true

[Chartmaster]

Perhaps, but it's prob just a matter of lots of cash searching for a trips play to buy, we saw this in DEC 2020 just b4 the historic OTC run in FEB 2021

[INVESTOR 1384]

But why huge volume on no information? Does someone know something?

[Chartmaster]

Huge volume on no news is sign of OTC Gold Rush Returning imo

[INVESTOR 1384]

Not seeing any news! Anyone have a link? Thanks!

[INVESTOR 1384]

What’s happening here?

[AKAPAK]

WHEN? Is it now?

[TIMGZ]

BUYNOW18, YOU STILL HAVE THOSE 1B SHARES. WILL SOON PAY OFF FOR YOU AFTER MANY YEARS TO HOLDING THEM.
GL AND GOOD FOR YOU.

[Buynow2018]

¡Aquí vamos! $CUEN fueling the mothership $WHEN… this could be the “thing”!

[baberuth1974]

Big news

[Chartmaster]

138mill Volume! Something's stirring! And it's creepin in everywhere OTC just like how 2021 started, no news, but peeps scoopin up trips plays as a speculation of things to come

[Tim36]

Anything new here?

[Luckyyu]

10Q period end date 3/31/2023 posted 5/22/2023.

https://www.otcmarkets.com/filing/html?id=16673122&guid=oau-kqJE71_GB3h

[Chartmaster]

$52mill market cap trading .0002, Volume b4 price, I made a killing here in Feb 2021, time for another run imo

[Chartmaster]

WHEN Group Acquires 26% Stake in an IOT and AI-Based Imaging Processor

Acquisition of stake in INSTAVIEW provides strong foothold in $120 billion home and enterprise security market

NEW YORK, NY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- World Group, Inc. (OTC: WHEN) (“WHEN Group” or the “Company”), a Telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today it has completed the acquisition of an initial 26% of INSTAVIEW (“INSTAVIEW”), an emerging technology company in the field of AI-based image processing systems, thermal cameras, home and enterprise security, livestock tracking and control appliances plus much more.

Giora Rosenzweig, CEO of WHEN Group, said, “The acquisition of a significant equity interest in INSTAVIEW is an important milestone in the evolution of WHEN Group and provides us with a strong foothold in the security market. The technological synergy between WHEN and INSTAVIEW should provide us with an unparalleled advantage over other players in the residential and enterprises AI security markets.”

Rosenzweig continued, “Our goal has been to increase revenues and operations to build shareholder value. With this new acquisition, our years of development finally will be able to reach every household and change the way of life for each and every one of us.”

Simon Levy, Founder of INSTAVIEW, commented, “The unparalleled synergy between INSTAVIEW and WHEN Group marks the beginning of the revolution of the home and enterprise security market, which is estimated to be $120 billion in 2022 and projected to grow at a compound annual growth rate of 8% through 2030.”

Yohan Abuhazira, CEO of INSTAVIEW, added, “INSTAVIEW provides innovative and comprehensive security solutions based on an AI processing system. Together with WHEN Group, we plan to upgrade dramatically the level of security in the relevant needed markets and to access WHEN's platforms to reach a large range of households, small and medium business, farms, and elderly housing in the US, Poland and other locations worldwide."

Future WHEN Group Press Releases and Updates

Interested investors and shareholders will be notified of future Press Releases and Industry Updates by emailing [e-mail]

About INSTAVIEW

INSTAVIEW is one of Israel’s leading technology companies in the field of image processing systems and thermal cameras. Over the past 18 years, the Company has provided innovative security and managing solutions in hundreds of projects in Israel and overseas. Additional information is available at: https://www.insvw.com/

About WHEN Group

World Health Energy Holdings, Inc. (d/b/a WHEN Group) is a holding company comprised of CrossMobile, SG 77, Inc./RNA Ltd, which develops and significantly improves existing cybersecurity solutions in the B2C and B2B marketplace. WHEN Group develops new systems by applying pattern recognition technology based on IOT / mobile / servers and computer activity, analyzing human and device behavior, relationships, and BPM (Business Process Management) to automatically identify and prevent potential danger to individuals and companies. The B2C Cybersecurity division targets families concerned with external cyber threats and exposures in addition to monitoring a child's behavioral patterns that may alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression. The B2B Cybersecurity system software development and implementation company is focused on innovative solutions for the constantly evolving cyber challenges of businesses, non-governmental organizations (NGOs) and governmental entities. By deploying a highly experienced development team, RNA Ltd. anticipates both internal and external cyber threats, by identifying behavioral patterns that flag potential cyber compromises. Additional information is available at: https://www.whengroup.com/.

Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements involve substantial uncertainties and risks and are based upon our current expectations, estimates, and projections, and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, but not limited to, our ability to integrate the operations of the acquired entities and manage the combined entity our ability to raise the capital needed to realize our business plan and on commercially reasonable terms to realize this opportunity, the ‘going concern’ qualification’ in our financial statements which may adversely affect our capital raising efforts, the success of our business plan, market reception of our products, our ability to retain needed personnel and our ability to compete against companies with much larger resources as well as the risks and uncertainties discussed under the heading "RISK FACTORS" in our Annual Report on Form 10-K for the year ended December 31, 2021 filed on April 14, 2022, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

Investor Relations:

Dave Gentry, CEO
RedChip Companies Inc.
407-491-4498
[e-mail]
https://www.globenewswire.com/newsroom/ti?nf=ODc1NDUzMiM1NDIzODQxIzUwMDA2NzQ2OQ==
https://ml.globenewswire.com/media/YTFjOTMzYjYtNDM0Ni00NWMwLWJjMGItNjNiYTZiM2Q4MWFhLTUwMDA2NzQ2OQ==/tiny/World-Health-Energy-Holdings-I.png

Source: World Health Energy Holdings, Inc.

© 2023 GlobeNewswire, Inc.

https://www.otcmarkets.com/stock/WHEN/news/story?e&id=2455005

[TIMGZ]

IS THAT RIGHT RS 1/20,000 TO 1/60,000 BEING CONTEMPLATED!

[TIMGZ]

ANY R/S COMING, WHAT IS YOUR AVERAGE. I TRIED WITH RNVA , GOT BURNT. CAN'T EVEN AVERAGE DOWN BECAUSE MY AVERAGE IS SO HIGH

[Buynow2018]

Dude…WAY more than 500M at this point. So cheap, can grab at .0002-3 and company has been making big moves the last 2-3yrs. I buy a small amount weekly, it adds up fast.

[TIMGZ]

"BUYNOW2018" STILL BUYING OR SATISFIED WITH ALMOST 500M ACCUMULATED SO FAR. THAT IS NOT A JOKE NUMBER, GL

[Buynow2018]

As far as share count…WHEN is aware. Why would you RS now while buying and investing in other companies? Shares of WHEN are being used as currency for growth. When the time is right, the OS will disappear in one way or another.

[INVESTOR 1384]

They need to retire about 495 billion shares!!!!! Then maybe we will see some action!!!!! Lol SMFH!!!!

[Dapa don]

500 billion OS.....

[Buynow2018]

I like to see the momentum! Trips won’t last long…

[JC Penny]

RS

[TIMGZ]

EXPECTING RS OR NO RS

[JC Penny]

WHEN is still on a buying spree: https://www.globenewswire.com/news-release/2023/02/22/2613325/0/en/WHEN-Group-Acquires-26-Stake-in-an-IOT-and-AI-Based-Imaging-Processor.html

[JC Penny]

I still have all of mine and I’m buying more.

[TIMGZ]

LONG TIME, WHAT YOU HAVE BEEN UP TO!
STILL HAVE ALL YOUR "WHEN"SHARES" OR SOLD.
THANKYOU

[JC Penny]

I will take it also. Clear signs we may be due for a major uptick.

[Buynow2018]

I’ll take it! 3x prior year and $1M in reduced liabilities. This is going to be a fun ride over the next 3-5yrs. Anyone that has made it this long should be pumped to see the change.

[Luckyyu]

$WHEN 10Q - 2022 Quarter 3 Earnings:
https://capedge.com/filing/943535/0001493152-22-033065/WHEN-10Q-2022Q3

[Buynow2018]

I would assume there will be front loading before too long. At .0003 (or less) it’s an easy $50-$100 a week gamble IMO. It’s stacks fast.

[Elgordo84]

I been monitoring this chart for a month now
Looks like we getting close
To see some action here soon
It’s almost time
GLTA $WHEN MOON
#ELGORDODAMUS