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ash111

04/18/18 2:21 AM

#6597 RE: kei #6596

Thank you. $dpw CEO just announced on cc that the Enertec purchase from $mict is scheduled to close on 4/27. All is signed and financing all obtained. Israeli bank approval was the hold up!! Great news for both $dpw and especially $mict.

Share price might be doubled from this point. $MICT TO receive 1. $9.25m including $5.25m cash(agreement to sell its subsidiary) which is also close to current Market cap.
2. annual consulting fee of $150,000 as well as issue the Company 150,000 restricted shares of $DPW Class A common.