Newtime Signs Agreement for Acquistion of IP

Newtime Global Ltd is to acquire Intellectual Property from #TM & NZ Family Trusts as it is funded and developed for the global market. After many months of negotiations and under a Memorandum of Understanding (MoU) the Newtime Board and licensor have agreed to to terms that will see the Company acquire the e-learning IP developed in exchange for funding and share equity providing the Company with secure assets for future growth.