QualityStocksNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Accepts Second MOU Milestone Payment from Chiron Refineries Ltd. (TASE: CHR) in Chiron Stock
Virtual Crypto Technologies (OTCQB: VRCP), through wholly-owned Israeli subsidiary Virtual Crypto Technologies Ltd., this morning announced that it will receive payment in the form of stock for the second milestone payment of $50,000 in accordance to the binding Memorandum of Understanding ("MOU") with Chiron Refineries Ltd. (TASE: CHR) for distribution in the territory of Turkey and North Cyprus from January 2018. In lieu of cash, Virtual Crypto elected to accept payment in the form of 380,000 Chiron shares at the price of 0.55 NIS per share to be made following delivery of the company’s Beta version of the software for…