ViewBix Inc. (VBIX)

[sillylung]

The Registrant disclosed in its Form 10-Q for the period-ended September 30, 2017, under Note 8-Restatement, that it intended to file an amendment to the Form 10-K for the year-ended December 31, 2016 to restate its financial statements, as reflected under Note 8. The Registrant has determined that it is not required to file an amendment to the subject Form 10-K.



The Registrant also disclosed in its Form 10-Q for the period-ended September 30, 2017, under Note 9-Subsequent Events, that it was considering the advisability of establishing another wholly-owned Israeli subsidiary engaging in operations that should be more readily able to generate revenues and positive cash flow from operations than the Company’s existing subsidiary, Emerald Medical Applications Ltd. On January 1, 2018, the Registrant formed Virtual Crypto Technologies Ltd as a new wholly-owned subsidiary under the laws of the State of Israel, company ID #515778975 (Israeli equivalent of EIN) and has agreed to the appointment of Mr. Alon Dayan as CEO of the new subsidiary.

Holy shit thats some huge news!!