MONTREAL, Jan. 15, 2014 /PRNewswire/ – Hybrid Paytech Globe Inc. (the "Firm" or "Cross Paytech" – previously Freeport Money Inc.), a frontrunner on Cellular Credit and PIN Money payment remedies, announces that it will restate and re-document the annual audited consolidated financial statements of the Business for that fiscal year ended December 31, 2012 and also the condensed interim consolidated financial statements for the three- and seven-month periods ended September 30, 2013. The following the important changes towards the financial statements that are aforesaid is likely to be: Restatement of the worth of the low- the acquired assets to the exchange with respect of Container Getting Answers LLC as at July 1, 2012 and managing awareness; Administration now considers that the assets purchased through the order of Vault Getting Solutions LLC as at July 1, 2012 are actually definite-existence intangible resources, therefore, an amortization price will soon be replicated within the restated financial statements; Demonstration of additional information with respect at December 31, 2012 as to the Company’s Convertible Notes; Accounting changes as a way to reveal the functional currency of two of Their subsidiaries’ change; In order to present appropriately the issuance of the 2012 Subscription Notes and the improvements in the loans payable restatement of the of Their Consolidated Statements of Cash Flows at December 31, 2012; Restatement at December 31, 2012 to the Business’s stock-option program of the info with respect; Additional notice disclosure regarding Segmented Info as at December 31, 2012; Added note disclosure to Linked Party Deals with respect at December 31, 2012; Restatement of the condensed interim consolidated statements of the display of operations and detailed reduction; Restatement towards the Firm’s Management Dialogue and Research as at October 30, 2013 and December 31, 2012 as a way to reflect the above changes also to present additional information about party deals that are relevant. About Hybrid Paytech Earth Inc. The Company grows a Ready Portable Repayment Software for the leading OS’s (IOS, Android, BB and Windows-7). The essay-on-time holding, First Tactic LLC of the Company’s, markets itself. Visit with click and www.hybridpaytech.com on our corporate presentation Hybrid Paytech Planet Inc., based in Europe, is really a technology head inside the portable cost space for credit and credit endorsement.
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With a global presence, Cross can be an enabler of effortlessly-deployable fee techniques concentrating on authorization, permitted swift and protection merchant adoption in Fleet Logistics. Using fund and its current bank -switching relationships Paytech has market-access to over three-million stores worldwide. To learn more on Paytech, please visit The Canadian National Stock Exchange ("CNSX") has not assessed this news release and doesn’t accept accountability for its adequacy or reliability. A solicitation to buy or promote any securities inside the United States does not be constituted by this announcement release. RESOURCE PayTech Inc.