On May 4, 2016, the Board of Advanced Credit Technologies Inc. approved Mark Carten to serve as the Company's Chief Technical Officer. On the same date, the Board approved an at-will employment contract with Mr. Carten whereby he will be compensated a salary of $0.20 per user, per month, for each active user of the Company's Turnscor Pre-Paid Debit Card, or any other of the Company's products or sublicensees that use the Cyberloq technology. Mark Carten has worked as an independent software and hardware developer for over 30 years. Mark has also assumed the position of Chief Technical Officer for Advanced Credit Technologies.