eWellness Healthcare Corp. (EWLL)

[Hemp4Ever]

On March 26, 2020, the Company, DBA as Phzio Telerehab, concluded a Platform Licensing and Service Agreement with ATI Holdings, LLC (“ATI”) for a one-year renewable agreement that allows ATI physical therapists to utilize the Company’s PHZIO platform on a per use basis for a small fee per session. The agreement’s terms have not been disclosed due to the fact that it contains highly confidential information about the Company’s PHZIO system and pricing information, which constitutes secret and proprietary information of the Company. To date, this agreement has not been directly disclosed nor has it generated any revenue to the Company to date. The agreement is currently being managed by Bistromatics, Inc. (“BI”) as the Company has contracted with BI to operate its PHZIO platform on behalf of the Company. In the future, it is anticipated that the Company may receive a revenue share of any proceeds generated by the ATI agreement from BI.

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