On January 6, 2022, Investview, Inc. entered into a Separation and Release Agreement with Mario Romano and Annette Raynor, two of the Company's founders, and Wealth Engineering, LLC, an affiliate of Mr. Romano and Ms. Raynor. Under the Separation Agreements, Mr. Romano and Ms. Raynor agreed to resign their positions as officers and directors of the Company effective immediately as they each transition to the roles of strategic advisors to the Company. The resignations do not reflect disagreement by either Mr. Romano or Ms. Raynor with the Company on any matter relating to the Company's operations, policies or practices.
This transition comes as the Company prepares itself and all its related business operations for a planned future up-listing to a major market exchange and conducts an executive management search to fill certain executive officer vacancies with highly experienced personnel in executive leadership within the industry sectors in which the Company operates.
Investview, Inc. operates as a diversified financial technology company. The Company, through its subsidiaries and distribution network, provides financial technology, education tools, content, research, and a digital asset technology company, which develops, operates, and supports blockchain technologies, with a focus on the Bitcoin blockchain ecosystem and the generation of digital assets. It delivers multiple services and products, both domestically and internationally, through a direct selling network of independent distributors. Its products and services are offered through a subscription-based revenue model to a large base of customers that it refers to as members. These services include research, analysis, and education regarding equities, options, foreign exchange market, exchange-traded funds, binary options, and cryptocurrency. It also offers access to education and software applications that are designed to assist its members in debt reduction, increased savings and others.