PTOP - Peer To Peer Network Proudly Announces Payment Made To Tech Developers For MOBICARD 2.0 Release Plans for Enterprise Capabilities in Version MOBICARD 2.0 Are Underway
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Peer To Peer Networkaka MOBICARD™ INC. (OTC: PTOP) (“PTOP”), a pioneering technologycompany specializing in digital business cards, is delighted toannounce that it has come to a new agreement with the technology teamthanks to a shareholder agreement with the developers by one of ourshareholders “Glen”.
The New agreement reads as follows: (last name redacted)“Glen agrees to compensate MOBICARD 2.0 developers $5,000 each (atotal of $10,000) to move the development of MOBICARD™2.0 towardscompletion.
Developers guarantee all functionality stipulated in thecontract, emphasizing the ability to generate revenue. Upon completionand launch of MOBICARD™2.0 into the Apple and Android app stores,Glenn agrees to compensate the last and final payment of $5,000 toeach developer (total of $10,000).
If Glen fails to compensate at any point, the termsof the original contract (MOBICARD™2.0) between Nicholis Santana,Jay Wallace, and Peer To Peer Network will still hold.”
Through thisinitiative, the tech development team moves up the date upon which therelease of the fully functional MOBICARD™2.0 apps will be releasedto the app stores. Both developers have been paid the next installmentof a total of $10,000, and are now on a mission to get the fullyfunctional apps into the app stores. PTOP still plans to launch theMOBICARD™1.5 apps first in order to work out any bugs or issuesprior to the fully marketable launch. This new agreement willrecognize the developer’s outstanding performance and commitment toexcellence and this will include competitive financial pay incentivesas mentioned, performance based bonuses, and career advancementopportunities. By offering these rewards, PTOP aims to inspirecontinued innovation and ensure the teams dedication remains at theforefront of technological advancements.
“We deeply appreciate the unwaveringdedication and expertise of our tech development team,” said JoshuaSodaitis, Chairman & CEO of PTOP. “They have been instrumentalin driving the development forward even after months of no pay. Thispayment initiative is a testament to our shareholders commitment tofostering a rewarding and collaborative work environment, as we striveto revolutionize the digital business card landscape. With thispayment, we can ensure that PTOP is given apps that work properly andgive us the ability to generate revenue. This will enable us to get onthe path to profitability.
The MOBICARD™2.0 tech development team comprisesa diverse group of talented individuals, including software engineers,developers, UX/UI designers, and quality assurance professionals.Their collective expertise and collaborative efforts have beeninstrumental in the ongoing development, and improvements of PTOP’sMOBICARD™2.0 digital business card platform solutions.
“We are happy to beable to receive this payment as a testament to the work we havealready put into MOBICARD™1.5, this new agreement gives us theability to know that we will be compensated for our time and effort. Iknow that both Jay & I are happy to gear up for a spectacularlaunch of MOBICARD™2.0 in the near future,” exclaimed NicholisSantana of the tech development team.
As an industry leader in the digital businesscard space, PTOP continues to leverage cutting-edge innovation toprovide a secure, user-friendly, and feature-rich platform forseamless transactions. Through ongoing collaboration and therecognition of the tech development team’s contributions,MOBICARD™2.0 is poised to launch sooner and to strengthen itsposition as a frontrunner in the digital business card industry.
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Contact Info:
Joshua Sodaitis, Chairman & CEO MobiCard, Inc.
45 Prospect StreetCambridge, MA 02139
Phone: 1-617-481-1971
Email: info@freemobicard.com
Investor website: www.ptopnetwork.com
Safe HarborStatement:
Thisrelease includes forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21Eof the Securities Exchange Act of 1934, as amended. The Companyinvokes the protections of the Private Securities Litigation ReformAct of 1995. All statements regarding our expected future financialposition, results of operations, cash flows, financing plans, businessstrategies, products and services, competitive positions, growthopportunities, plans and objectives of management for futureoperations, as well as statements that include words such as"anticipate," "if," "believe," "plan,""estimate," "expect," "intend," "may,""could," "should," "will," and other similarexpressions are forward-looking statements. All forward-lookingstatements involve risks, uncertainties and contingencies, many ofwhich are beyond our control, which may cause actual results,performance, or achievements to differ materially from anticipatedresults, performance, or achievements. Factors that may cause actualresults to differ materially from those in the forward-lookingstatements include those set forth in our filings at www.sec.gov .The company is no longer a fully reporting SEC filing company. We areunder no obligation to (and expressly disclaim any such obligation to)update or alter our forward-looking statements, whether as a result ofnew information, future events or otherwise.
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