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lesgetrich

01/22/18 1:47 PM

#92286 RE: Kroooo #92284

The OBITX website shows KrypNetwork and Renderpayment as "strategic investments". They are not public companies so they have no stock symbols. The exact nature of the relationship hasn't yet been revealed. However, the word "investment" implies that there is more than a partnership arrangement and that OBITX will benefit from the success of these companies. If you look at their websites, you'll see that their management is loaded with mCig execs.

We know that Paul Rosenberg lent OBITX $500,000 to allow them to purchase 125 KrypNetworks ATM's. It appears that for this part of their arrangement, OBITX will act as a franchisee and deploy the machines. I assume that they would be compensated the same as any other franchisee. mCig and/or OBITX could be invested through the purchase of KrypNetwork's KRYP currency or Renderpayment's RPM currency. Consequently, if the companies are successful the value of their currencies would appreciate and so would the investment. They may or may not also have ownership shares in each or either company. These details will probably be disclosed over the next several months.