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Re: None

Tuesday, 01/12/2021 11:50:16 AM

Tuesday, January 12, 2021 11:50:16 AM

Post# of 1803
$VRTC a takeover target? Yes very likely.

Patents in the banking field could collect millions in revenue. A large corporation who needs to utilize patented technology would likely be financially ahead by absorbing Veritec's Assets as opposed to paying licensing fees.

This is the way of the world.

Veritec is primarily engaged in the development, sales, and licensing of products and providing services related to its mobile banking solutions.

As a Cardholder Independent Sales Organization, Veritec is able to promote and sell Visa-branded card programs. As a Third-Party Servicer, Veritec provides back-end cardholder transaction processing services for Visa-branded card programs on behalf of its sponsoring bank. Veritec has a portfolio of five United States and eight foreign patents. In addition, we have seven U.S. and twenty-eight foreign pending patent applications

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