MONTREAL, Jan. 15, 2014 /PRNewswire/ – Cross Paytech Earth Inc. (the “Organization” or “Cross Paytech” – previously Freeport Capital Inc.), a leader on Mobile Credit and FLAG Debit payment options, declares that it will restate and re-record the yearly audited consolidated financial statements of the Organization for that fiscal year ended December 31, 2012 along with the reduced interim consolidated financial statements for the three- and seven-month intervals ended September 30, 2013. The critical changes to the financial statements will be as follows: Restatement of the value of the non- the acquired intangible assets to the acquisition with respect of Container Attaining Solutions LLC as at July 1, 2012 as well as handling attention; Administration now considers that the assets purchased through the purchase of Vault Getting Answers LLC as at July 1, 2012 have been definite-living intangible assets an amortization cost will be shown in the restated financial statements; Display of extra information to the Business’s Convertible Notices with respect at December 31, 2012; Sales modifications as a way to reflect the modification of the practical currency of Their subsidiaries of two; As a way to present appropriately the issuance of the 2012 Membership Records and the alterations while in the loans due restatement of the of the Business’s Consolidated Statements of Money Runs as at December 31, 2012; Restatement of the data with respect to Their stock-option plan at December 31, 2012; Added note disclosure regarding Segmented Data as at December 31, 2012; Additional note disclosure with respect to Connected Party Deals at December 31, 2012; Restatement of the display of the condensed interim consolidated claims of businesses and thorough loss; Restatement for the Firm’s Administration Discussion and Analysis as at June 30, 2013 and December 31, 2012 to present additional information about related party deals and to be able to reflect the aforementioned corrections. About Hybrid Paytech World Inc. The Organization grows an Enterprise Prepared Portable Cost Platform for your leading OS’s (IOS, Android, BB and Windows-7). The Business’s retaining, First Technique LLC, markets itself with the DBA Paytech.
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Visit with click and www.hybridpaytech.com on our demonstration that is corporate Hybrid Planet Inc., situated in Europe, can be a technology chief inside the mobile cost place for credit and bank endorsement. With a global impact, Cross is definitely an enabler of easily-deployable repayment programs focusing on certification, authorized safety Get More Info here http://essay-company.com/ and fast merchant use in Fleet Logistics and Retail. Using its existing banking and account -transferring relationships Paytech has market access to over three-million merchants worldwide. To find out more on Hybrid Paytech, please visit The Canadian National Stock Exchange (“CNSX”) hasn’t evaluated this announcement release and doesn’t acknowledge liability because of its adequacy or accuracy. A solicitation market or to buy any investments while in the United States does not be constituted by this information release. SUPPLY Hybrid PayTech World Inc.