Replies to post #1562 on AS-IP Tech Inc (IPTK)

[asiqlimited]

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.