FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
LAS VEGAS, March 08, 2016 -- Scintilla Quantum LLC (“Scintilla”) announced the sale of its IP assets including GobblinQ™ and Rainmaker™, both operating on the GobblinQ™ system (“GQ System”) to development stage company WealthIntel, Inc. (“WealthIntel”), in exchange for a control position, contingent upon closing of the first Round Offering.
GobblinQ™ is a proprietary intelligent system, including methods of payment, finance, and social commerce that will incorporate among other innovative features the Rainmaker™ card program. Patents, applications and Trademarks have been filed both in the US and internationally and are pending under the supervision of Kenyon & Kenyon LLP in New York.
Venture capital firm Legion Capital America, controlled by investor Fabrizio Boccardi, provided seed capital to SCINTILLA with a bridge round to complete development and review of its proprietary software systems. Legion is also providing seed capital to WealthIntel to take it through completion of its first Round of financing.
George Bristol, an experienced Investment Banker who executed corporate financing transactions for Paine Webber, Prudential Securities, and Ernst &Young LLP has agreed to serve as CFO of WealthIntel, Inc. while Fabrizio Boccardi will serve as Chairman and CEO. WealthIntel is working to staff its operations to complete beta testing and development and is seeking to hire talent qualified in all aspects of the payment vertical.
"Having worked with Boccardi in the past I believe he has the vision, drive, and entrepreneurial skills to create, lead, and successfully execute the business plan. The proposed products and related technology have unique elements capable of being outstanding in the dynamic payment vertical in the US and potentially globally,” said Bristol.
“WealthIntel aims to craft unique products and new technology that provide unmatched value for consumers and merchants alike, and in due time establish a new payment method acceptable to the public at large,” said Fabrizio Boccardi.
WealthIntel is preparing a first round of financing to Beta test the GQ System and is identifying its CTO to manage and implement the innovative technology and enabled products.
WealthIntel has hired qualified advisors to identify the most suitable partners in the payment vertical.
The Law Firm of Troy Gould in Los Angeles is advising WealthIntel in connection with but not limited to its offerings of securities.
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 with visionary cutting edge products.
About Scintilla Quantum, LLC
Scintilla Quantum is owner of software systems and IP in payment, finance, and social commerce.
Contact: George Bristol - CFO
WEALTHINTEL, INC.
[email protected]
(702)990-3979
