MobiCard Inc. AKA Peer to Peer Network announced a change in the administrative management of the company, a technology update and offers a progress report on the financials. MobiCard has shifted James Bento from CEO into the CFO position to encourage a more focused scope of work that the company believes will expedite the financial progress in order to accomplish its objectives of completing the audit of its 2015, 2016 and 2017 annual results in accordance with the proper PCAOB accredited audit review firm standards as well as preparation of financial statements for OTC Markets and bring the process to completion. Joshua Sodaitis, also Chairman of the Board, has taken an officer role as CEO to collaborate with the company and fulfill the overall executive position.

This will enable Joshua to take a more hands on approach that the board believes will allow the company to be more flexible and timely in completing key objectives and target the most important components of critical goals that the company plans to bring to fruition. In addition to this responsibility, Joshua will continue to maintain the position of the head of the investor relations department.