The company's core business is providing credit card processing, point of sale systems and online services for business providing legal and recreational marijuana across five states. The company started talks with three bitcoin companies in the last month to integrate bitcoin wallet and QR payments to its NetOne point of sales system. The company plans to finalize an agreement and will announce to shareholders once inked.
The company is currently working on an audit of all financials to bring the company current. "It is our goal to not only bring ICRD current but also uplist to OCQB by the end of the year and onwards and upwards from there," states CEO Bill Lopshire.
Aside from ICRD's core business model of providing financial services for the MJ sector the company is also in talks with two other companies for a potential merge-in or acquisition. The first is a company that has wide spread distribution for CBD oil at nationwide dispensaries as well as online. The second provides security and monitoring. The company wishes to expand and round out its current offerings and expect to be able to report on the status of these talks in the near future.
The company is finalizing a private equity placement bringing in an initial $750,000 for business activities and to help the company uplist while progressing the current business plan and expanding its offerings for the legal marijuana sector.
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SOURCE International Card Establishment, Inc.