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Wellteq Digital Health Inc.

09:22 AM EST - Wellteq Digital Health Inc. : Announced the Company has signed a letter of intent detailing the general terms of a strategic partnership with Frontier Wellness Management and its operating subsidiary Apotheek Pharma Consulting (FW-APC) in the European Union. The FW-APC team have a combined 100 years of experience focused on marketing health and wellness solutions into their unique network of 140,000 medical professionals in the healthcare, pharmacy, and pharmaceutical markets in Spain. Upon execution of a Formal Strategic Partnership Agreement, FW-APC will advance EUR100,000 to Wellteq. This amount will be applied toward application localization, development, and integration. Working with Wellteq sales and marketing personnel, FW-APC will immediately initiate marketing of the Wellteq smartphone application, working with Wellteq sales and marketing personnel, into FW-APC’s existing client base. FW-APC will ensure that white label solutions of Wellteq applications will be identified as “powered by Wellteq”. Wellteq Digital Health Inc. shares C.WTEQ are trading unchanged at $0.17.