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Itoco Inc. (ITMC)

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0.1900-0.0100 (-5.00%)
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  • T
    Tim
    I like the looks of this chart
  • L
    Lee
    ITOCO signs Intellectual Property Acquisition and Technology Commercialization Agreement for Rapid DNA Testing and Immutable Virus Test Result Verification

    TORONTO, ON / ACCESSWIRE / August 12, 2020 / ITOCO INC. (OTC PINK:ITMC) has acquired patent-pending technology for Immutable Virus Test Result Verification and commercialization services through an agreement with DATANet Software Development Corp.

    This platform application will allow users and participants to prove their virus negative status and/or vaccine records by recording a bio-metrically registered immutable digital record onto the blockchain when fully developed. Further, this system will directly link to the digital output of virus testing systems.

    ITOCO's new patent-pending Immutable Virus Test Result Verification System (USPTO Provisional Patent Application #63062398) combines the necessary elements of "an application which combines public key cryptography with biometric reading technology and the ability to write data to and retrieve data from a blockchain that is installed on a mobile computing device, a virus testing machine that processes a biological sample to test for a specific virus to return a positive or negative result, while associating that sample and result with an identity provided by the application and writing the results to a blockchain, a blockchain with deployed smart contract logic that verifies that only approved virus testing machines can write new data to the blockchain and that stores identity information that is written to it by the application and associates immutable test results with those identities, and a controlling application that deploys the smart contract logic code to the blockchain, and adds public key addresses for verified virus test machines that allow them to write virus test data to the blockchain, in a complete system that provides immutable virus test verification".

    "The combined ITOCO Rapid DNA Virus Testing and Immutable Verification system has the potential to help hard hit industries open more quickly and safely, unlocking trapped wealth for those industries," says Greg Marlin, CEO/CTO DATANet, "and in addition to helping boost certain key sectors of the economy, it could also save many lives and livelihoods. It will allow users to prove their virus/vaccine/immunity status quickly and easily for the purpose of attending public events, travel, etc."

    ITOCO CEO Michael Paul stated, "This agreement continues our commitment to commercializing the technologies we acquire through our business development activities in this area. The acquisition of this patent-pending technology affirms our focus on building a strong intellectual property portfolio in all areas of the bio-tech economy."

    About ITOCO Inc.

    ITOCO's mission is to be a global leader in developing, distributing, and producing Bio Tech related technologies and methodologies in a compliant environmentally friendly manner. ITOCO is a 5-year-old OTC quoted NEVADA corporation, with satellite offices in Toronto, Canada. ITOCO seeks to partner with outstanding individuals and companies within this field to joint venture, research, and co-develop Bio Tech related products and technologies to the market. www.itoco.net

    About DATANet Software Development Corp.

    Blockchain represents the next Internet for disrupting business models and making new categories. DATANet's Smart Contract Management Software Platform makes it easy for any business or entrepreneur to get started taking advantage of that. www.datanetcorp.com

    Forward-Looking Statements

    This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, potential, intends, plans, hopes, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

    CONTACT:

    ITOCO INC.
    Michael Paul
    ir@ITOCO.net
    +1 (905) 829-5000
    www.itoco.net

    SOURCE: ITOCO INC.

    View source version on accesswire.com:
    https://www.accesswire.com/601313/ITOCO-signs-Intellectual-Property-Acquisition-and-Technology-Commercialization-Agreement-for-Rapid-DNA-Testing-and-Immutable-Virus-Test-Result-Verification
  • J
    Joanne
    Free Technical & Fundamental Analysis by Expert Stock Market Traders @ https://www.ResearchOTC.com
  • J
    JediJazz
    $ITMC News: ITOCO Completes Blockchain Smart Contract for Immutable Virus Test Result Verification System
    https://www.accesswire.com/608605/ITOCO-Completes-Blockchain-Smart-Contract-for-Immutable-Virus-Test-Result-Verification-System
  • J
    JediJazz
    July 16, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, CANADA / ACCESSWIRE / JULY 16, 2020 / ITOCO INC. (OTC Pink:ITMC) is pleased to announce the launch of...
    July 16, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, CANADA / ACCESSWIRE / JULY 16, 2020 / ITOCO INC. (OTC Pink:ITMC) is pleased to announce the launch of...
    www.marketwatch.com
  • R
    Rolando
    is ready to move
  • j
    jdfaloon
    Anyone ever heard of Oak Trail Capitol? They called me pushing this stock hard and I’m trying to see if it’s a scam or not.
  • J
    JediJazz
    $ITMC .10 +1.94% TORONTO, CANADA JULY 16, 2020 / ITOCO INC. (OTC Pink:ITMC) is pleased to announce the launch of: https://blog.itoco.net

    The ITOCO Bio-Tech Blog (https://blog.itoco.net) covers topics related to Diagnostics, Gene Therapy, Viruses, Disease control, as well as other market-related trends.

    ITOCO, in the normal course of its business will bring attention to groundbreaking advances and thinking in the Bio-tech space.
    Itoco Blog
    blog.itoco.net
  • m
    mani
    scam
  • M
    Maykel Morffi
    ITMC is about to go big
  • J
    JediJazz
    June 24, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, ON / ACCESSWIRE / June 24, 2020 / ITOCO INC. (OTC PINK:ITMC) is pleased announced a change in business...
    June 24, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, ON / ACCESSWIRE / June 24, 2020 / ITOCO INC. (OTC PINK:ITMC) is pleased announced a change in business...
    www.marketwatch.com
  • B
    Brandon
    hello
  • J
    Joyce
    Received an alert this am about $ITMC from http://earthsciencetech.com/?symbol=ITMC, you may want to take a look. Investing trading stocks. "rht"
  • R
    Rolando
    buy now
  • W
    Willie
    Company only has $86 in cash? That doesn't do much mining people.
  • j
    jdfaloon
    This is a pump and dump, don’t get tricked.
  • R
    Reality
    Okay, so they now have only $35,000 in assets (zero cash), almost 9 MILLION in accumulated debt, have been selling shares at $0.07 each to stay afloat, zero revenue and own nothing but "partnerships". What is this worth per share? I'd say max of $0.07 at best if that's what they get from private sales!
  • b
    brandon
    how long hv you been holding @Maykel
  • M
    Maykel Morffi
    I see the stock hitting big sometime next year but it show make some good moves this year got to think positive negative it's for people to watch TV to two in the morning and don't work
  • M
    Maykel Morffi
    How is it they release good news and the stock doesn't go up