Viratech Corp. (VIRA)

[ALERTS100%to10000%GAIN]

VIRA~~NOTE 12 – Material Contract

The Company negotiated to receive 15,000,000 shares of Newswire.net for the licensing of
certain patents and other intellectual property it owns. No value has been set on this contract
because Newswire is a private company and the Company has no means to value the stock
received.
On March 7, 2017, the Company announced it was going to acquire another 35,000,000 shares of
Newswire.net in exchange for all the issued and outstanding shares of Cancer.im, Inc. it currently
owns.
The Company signed the Stock Purchase Agreement in March with an effective date of April 1,
2017.
This transaction gave the Company a 50% ownership in Newswire, Inc. and it has consolidated
Newswire, Inc. for the quarter ended June 30, 2017 recording $77,676 on the acquisition of its
ownership and the subsidiary’s activities for the quarter.