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loanranger

09/03/21 1:26 PM

#311029 RE: JBIIRULES #311021

"P2O currently, as of the date of this filing, has three processors at its Niagara Falls, NY facility (the “Niagara Falls Facility”). The processors have been idle since December 2013. Our P2O business has begun the transition from research and development to a commercial business that plans to grow through the licensing of technology and or from the sale of processors.

Presently, we do not have sufficient cash to operate our business which has forced us to suspend our operations until such time as we receive a capital infusion or cash advances on the sale of our processors."

https://backend.otcmarkets.com/otcapi/company/financial-report/293283/content