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Re: MJAM2020 post# 1562

Tuesday, 08/29/2023 2:12:17 PM

Tuesday, August 29, 2023 2:12:17 PM

Post# of 1641
There is a lot right in what you said. What I can advise is following the consent of the majority shareholders the board of IPTK has created a wholly owned Australian subsidiary FFlya Pty Ltd. The IP has been assigned to FFlya and 10% of the shares will be allocated for capital raising. I can appreciate there needs more explanation. regarding IPTK’s 90% ownership, which I will in due course.