iWallet enters development pact with Trafton for Slim 2025, iClutch, iPassport

iWallet Corp

iWallet will pay $37,104 in outstanding invoices and issue 1M shares upon delivery of iClutch and iPassport prototypes.
Estimated design cost for iWallet Slim 2025 is $129,900; iWallet can pay in stock at 2:1 ratio (two shares per dollar of invoice).
Trafton to develop renderings and prototypes; iClutch delivery by June 23, 2025, iPassport by June 30, 2025.
iWallet has option to buy back shares issued to Trafton at original invoice face value plus 12% annual interest.

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