$TWGI .0495 The Wiki Group, Inc. Board of Director
Post# of 144417
[b]$TWGI[/b] .0495 The Wiki Group, Inc. Board of Directors Prepares for Merger LOS ANGELES, [b][color=blue]Jan. 14, 2013[/color][/b] /PRNewswire via COMTEX/ -- The Wiki Group, Inc. (OTCQB: TWGI) ("Wiki Group", or "the Company") is pleased to announce that in anticipation of the merger with Moneytech Limited, each of the three members of the Board of Directors has agreed to exchange 583,333 options due under the Board of Director agreement for 250,000 shares of common stock, whereby reducing shareholder dilution. A new Board of Directors will be elected upon completion of the merger. Edward C. DeFeudis, CEO of The Wiki Group stated, "We have been working tirelessly with our Board and legal team to finalize the merger. The Board members have offered guidance and support throughout the process and it's been a pleasure to work with such a high caliber group of gentlemen." ABOUT THE WIKI GROUP, INC. The Wiki Group, Inc. owns and operates two proprietary state-of-the-art technology platforms, WikiPay and WikiLoan. WikiPay is a low-cost, cash-based mobile payment and marketing platform solution for Peer-to-Peer (P2P), Business-to-Consumer (B2C), Consumer-to-Business (C2B), and Business-to-Business (B2B) transactions. For more information, please visit: www.wikipay.com or the mobile website: m.wikipay.com. WikiLoan is a low-cost peer-to-peer lending platform that works through the participation and collaboration of family and friends through social networks. The company's website www.wikiloan.com provides repayment schedules and documentation for loans, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process. ABOUT MONEYTECH LIMITED Moneytech is a commercial finance company that offers small to medium sized enterprises (SMEs) unique cash-flow solutions to assist growing their businesses. The Moneytech Exchange offers proprietary Internet banking platforms for Buyers, Sellers, and Moneytech staff to deliver leading edge financial solutions. Moneytech offers four main products to the business community: 1) Credit Express - 100% trade finance facility for SMEs $25,000- $1 million, 2) Confirmed Capital - 100% accounts receivables funding for SMEs $1-$5 million, 3) Card Solutions- Wholesale gift and prepaid debit card solutions, and 4) Foreign Exchange solutions - Spot Transactions, Forward Cover, Derivatives and Options. The Company's website is located at: www.moneytech.com.au