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Posted On: 04/18/2019 2:29:20 PM
Post# of 40991
Re: MoneyForNuthin #31540
Investment in CogoSense Technolog;r, Inc.
On August 17,2017 the Company entered into a non-binding Letter of Intent to purchase I00%
of CogoSense Technology, Inc., a Canadian company, for total consideration of $ 2.5 million.
CogoSense has developed and is selling its FleetSafer App - an enterprise software solution for
smart phones and tablets that detects the driving state of an entire on-the-road vehicle fleet and
automatically places those devices into "safe mode" while driving occurs, to prevent distractions.
CogoSense has also developed an individual consumer version called bSafeMobile and the
bFoundMobile App which is a fleet vehicle tracking system to monitor vehicle locations at arry
time. At October 31,2018 the Company had paid a total of $ 1.045,000 towards the overall
purchase price, which consideration includes the IP, technology assets, revenue stream and
customer base of CogoSense.
info on page 14
https://backend.otcmarkets.com/otcapi/company...88/content
On August 17,2017 the Company entered into a non-binding Letter of Intent to purchase I00%
of CogoSense Technology, Inc., a Canadian company, for total consideration of $ 2.5 million.
CogoSense has developed and is selling its FleetSafer App - an enterprise software solution for
smart phones and tablets that detects the driving state of an entire on-the-road vehicle fleet and
automatically places those devices into "safe mode" while driving occurs, to prevent distractions.
CogoSense has also developed an individual consumer version called bSafeMobile and the
bFoundMobile App which is a fleet vehicle tracking system to monitor vehicle locations at arry
time. At October 31,2018 the Company had paid a total of $ 1.045,000 towards the overall
purchase price, which consideration includes the IP, technology assets, revenue stream and
customer base of CogoSense.
info on page 14
https://backend.otcmarkets.com/otcapi/company...88/content
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