Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
Apple Turns 50: From Garage Startup to AI Crossroads 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
LAS VEGAS, Oct. 05, 2016 -- WealthIntel is proceeding with its non-brokered private placement offering of up to 4,000,000 Series A Convertible Preferred shares to accredited Investors both domestic and international pursuant to SEC Rule 501 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), or to non-U.S. Persons as such term is defined in Regulation S promulgated under the Securities Act. The Company is offering initially 1,250,000 Series A Convertible Preferred shares at $1.60 per share, to fund Beta development and testing of WitPay, its intelligent payment method.
“WealthIntel aims to code and establish a pioneering intelligent payment method. The proceeds of the Offering will be allocated to complete Beta development and testing in addition to marketing during the testing phase anticipated to take place in one or two cities in the US. We believe the system has significant customer retention capabilities due to its unique features," said Fabrizio Boccardi CEO and Chairman of WealthIntel, Inc.
“The Private Offering has been drafted to offer in phases as needed certain amounts of Series A Convertible Preferred shares to selected investors. Based on the Company’s strategy and products we expect to create substantial value during Beta,” said George Bristol the Company’s CFO.
WealthIntel has previously announced that trademark applications have been filed for WitPay™ to name its pioneering intelligent method, system of payment finance and social commerce operated and managed by GobblinQ™ (“GQ System”). WealthIntel acquired the Intellectual Property from Scintilla Quantum LLC.
GobblinQ™ has pending patents filed in the USA and internationally by the New York law firm of Andrews Kurth Kenyon LLP.
WealthIntel has recently engaged management and its CTO to lead Beta development and testing.
Venture capital firm Legion Capital America controlled by investor Fabrizio Boccardi is sponsoring the Offering by providing capital through the first closing.
About WealthIntel, Inc.
WealthIntel, Inc. is an American development stage technology company that designs, develops, software and sells consumer products and services in the payment, finance, banking, e-commerce and m-commerce sectors.
About Legion Capital America, LLC.
Legion Capital America, LLC, is a venture capital firm focusing in early stage companies.
Contact: WealthIntel, Inc. George Bristol/CFO: [email protected] Phone: (702)966-0805
