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Thursday, October 21, 2021

Nano Mobile Healthcare Inc (OTCMKTS: VNTH) Major Runner as Conversions/Dilutions Halted and Co looking to Cut Authorized from 100 billion down to 4 billion

Nano Mobile Healthcare Inc (OTCMKTS: VNTH) is making an explosive move up the charts after the Company announced on twitter: “The Conversions/Dilutions have been temporarily halted because we finally succeeded in changing TA.  Initiated the Change of TA since the first day we closed acquisition.  We have also engaged the lawyers to work on cutting the Authorized from 100 billion down to 4 billion.” VNTH is adding new shareholders at a rapid rate and is quickly getting noticed by some big players in small caps. 

VTNH could not be more exciting here with no dilution and a shareholder base that’s not selling the Company is moving in a new direction with new young CEO David Kettle who recently stated: “I’m excited to announce today I started my first Company. I have a lot of ideas for gaming and crypto and I was lucky to be able to connect with an entrepreneur who invests in new ideas. Passion for science fuels future innovation and I’m humbled to be a part of it. twitter: @nanotechcrypto” The stock has risen up from the triple zeroes in recent months as the Company has been quietly getting their books in order and is now “pink current” on OTCMarkets; a huge move for the Company and a harbinger of great things to come. 

Nano Mobile Healthcare Inc (OTCMKTS: VNTH) Founded in 2010 and headquartered in New York City and Mountain View, CA is a leading mobile health technology company developing point-of-care screening using Apps based upon chemical sensing residing within a small Bluetooth enabled device that works with any smartphone, tablet or laptop called the Nano Mobile Sensor. The Company is developing small, hand held screening devices that utilize advanced nanotechnology to detect the presence of specific compounds in the breath. Its first products are the convergence of nano-electronics, bio-informatics, and wireless technology and are based on patented technology invented by the National Aeronautics and Space Administration (“NASA”) that was licensed to Nanobeak, and further sub-licensed to the Company. VNTH is focusing its initial efforts on screening for the presence of disease or the use of drugs. 

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VNTH

The last press release from the Company was back in 2016 when they announced a business update for its 3rd fiscal year quarter. The Company recently filed its form 10-Q for the period ending March 31, 2016. Operating expenses were reduced for the third consecutive quarter. The Company is also working to reduce its convertible debt obligations and increase its working capital.  

Given the increase of marijuana legalization and decriminalization efforts by a growing number of states, the Company has made the development of its law enforcement sensor the short-term priority. There is a growing need on the part of law enforcement across the country for a portable sensor to detect marijuana abuse and impaired driving. The Company also plans to incorporate alcohol detection along with the marijuana sensing capability in one device so that law enforcement can have the capability to detect both alcohol (DUI breathalyzer) and marijuana abuse — without having to use two separate devices. Finally, the pathway for revenue is shorter in the law enforcement sector then with healthcare screening, as there is not the time and expense required to complete human FDA trials. 

Our sublicense for the use of NASA technology has been extended by three years such that the exclusivity of the underlying patents now ends in 2021, providing us with the additional time we need to advance the healthcare applications when the law enforcement breathalyzer enters the marketplace.  

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VNTH is making an explosive move up the charts after the Company announced on twitter: “The Conversions/Dilutions have been temporarily halted because we finally succeeded in changing TA.  Initiated the Change of TA since the first day we closed acquisition.  We have also engaged the lawyers to work on cutting the Authorized from 100 billion down to 4 billion.” VNTH is adding new shareholders at a rapid rate and is quickly getting noticed by some big players in small caps.  VTNH could not be more exciting here with no dilution and a shareholder base that’s not selling the Company is moving in a new direction with new young CEO David Kettle who recently stated: “I’m excited to announce today I started my first Company. I have a lot of ideas for gaming and crypto and I was lucky to be able to connect with an entrepreneur who invests in new ideas. Passion for science fuels future innovation and I’m humbled to be a part of it. twitter: @nanotechcrypto” The stock has risen up from the triple zeroes in recent months as the Company has been quietly getting their books in order and is now “pink current” on OTCMarkets; a huge move for the Company and a harbinger of great things to come. We will be updating on VNTH when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with VNTH.

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Disclosure: we hold no position in VNTH either long or short and we have not been compensated for this article

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