GOPHER PROTOCOL INC. (OTCMKTS:GOPH) Files An 8-K Other EventsItem 8.01 Other Events
On May 25, 2018, Gopher Protocol Inc. (the “Company”) together with The Lara Group (“Lara”) formed Gopher Protocol Costa Rica Sociedad De Responabilidad Limitada (“Gopher CR”), under the laws of Costa Rica. Gopher CR will be owned equally by the Company and Lara and managed by Mauricio Lara Ramos, Esq. The purpose of establishing Gopher CR is to invest and develop AI-BlockChain assets or businesses in Latin America with initial efforts focused on smart contracts.
About GOPHER PROTOCOL INC. (OTCMKTS:GOPH)
Gopher Protocol, Inc. (Gopher), formerly Forex International Trading Corp., is in the process of developing a real-time, heuristic-based, mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that run on a server. The Company applied this technology into an electronic circuit, including a microchip that is within a sticky patch package (the Patch). The Patch can be affixed to any object, mobile or static, which will enable the object to which it is affixed to be tracked remotely. The Patch will also perform an emergency feature. The Patch also alerts the user’s friends and family about the user’s location. The Company also developed Gopher Epsilon Software, which is an internal platform that has been developed as a designated tool for the mobile industry to improve signoff Reliability Verification (RV) with Accurate and Precise Interactive Error Detection and Correction.