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MONTREAL, Jan. 15, 2014 /PRNewswire/ – Cross Paytech World Inc. (the “Organization” or “Cross Paytech” – previously Freeport Cash Inc.), a pacesetter on Cellular Credit and PIN Bank payment answers, announces that it’ll restate and re-document the annual audited consolidated financial statements of the Organization for that financial year ended December 31, 2012 and also the condensed interim consolidated financial statements for your three- and eight-month intervals ended September 30, 2013. As follows the essential changes towards the claims that are aforesaid is going to be: Restatement of the worthiness of the low- the acquired intangible assets Vault Buying Solutions LLC as at July 1, 2012 to the order of with respect along with managing interest; Supervision currently considers that the intangible assets obtained through the exchange of Vault Getting Solutions LLC as at July 1, 2012 are actually distinct-life intangible resources, therefore, an amortization expense will soon be replicated in the restated financial statements; Presentation of extra information with respect at December 31, 2012 as to the Business’s Convertible Notices; Accounting alterations in order to reflect the change of the useful currency of Their subsidiaries of two; To be able to provide appropriately the issuance of the 2012 Membership Notes and also the alterations in the loans due restatement of the of the Company’s Consolidated Statements of Money Runs at December 31, 2012; Restatement of the information regarding the stock option strategy of the Company’s as at December 31, 2012; Additional notice disclosure with respect at December 31, 2012 as to Segmented Information; Additional notice disclosure with respect at December 31, 2012 as to Connected Party Orders; Restatement of the reduced interim consolidated claims of the display of comprehensive damage and procedures; Restatement to the Business’s Supervision Talk and Examination as at December 31, 2012 and June 30, 2013 as a way to reveal the above corrections also to provide more information about connected party orders. About Hybrid Paytech Globe Inc. The Organization advances an Enterprise Prepared Cellular Cost Software for that primary OSis (IOS, Android, BB and Windows 7). First Equity Approach LLC, their keeping, markets itself with all the DBA Paytech. Visit with click and www.hybridpaytech.com on our corporate display Paytech Globe Inc., situated in Canada, is a technology leader while in the writing service online cellular payment area for credit acceptance.
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With a worldwide presence, Cross is an enabler of easily-deployable cost devices emphasizing validation, authorized rapid and protection business use in Logistics, Supply, Navy and Retail. With fund and its current banking -moving partners Paytech has market-access to over three-million stores worldwide. To learn more on Paytech, please visit The Canadian National Stock Market (“CNSX”) hasn’t reviewed this news discharge and does not acknowledge accountability for its adequacy or precision. This announcement release does not comprise a solicitation to purchase or market any securities in the United States. SUPPLIER Hybrid World Inc.