To Our Valued Supporters, As the world experiences the unprecedented spread of Coronavirus (COVID-19), small businesses are beginning to see the impact of consumer panic on their cash flow from closed restaurants, cancelled flights, cancelled events, reduced business activities, and social distancing. We’ve heard and read about many heartbreaking stories about short-term cash flow issues resulting in layoffs, reduction in salaries, and even immediate business closures. What was once a period of immense growth and opportunity has now morphed into a major economic downturn, which we will have to face. We have seen many requests from lenders to provide income and expense data for the last 7, 10 or 15 days to detect cash flow issues and there is no better place and platform than PayPie to provide this to potential lenders. We have seen rapid changes in the cash flow and risk score of SMEs that has been unprecedented in our history. As we slide into what may be one of the worst economic downturns of our generation, we’re working through the most dynamic and uncertain times. The last 2-3 weeks has been challenging as we switched to remote working and ironed out most of the operational challenges. The PayPie team is safe, working remotely and practicing social distancing. While not the same as being shoulder-to-shoulder in the office, our team can work virtually with a high degree of effectiveness. We’re constantly monitoring the situation and taking all actions necessary, to ensure that our customers will continue to receive the seamless and convenient cash flow forecasting, financial and risk assessment that they have come to expect from us. We’re building PayPie to not just survive, but to take advantage of the upcoming opportunities and thrive. We’re continuously working to make the platform more valuable for SMEs, accountants, lenders, investors and other stakeholders, so they get better visibility into the real-time finances of their business. More than 2,600 users have signed up for the platform and some with multiple business accounts. Our efforts are focused on acquiring more SMEs and spreading the word to business communities. We’re building a great technology for the B2B domain, and strongly believe that PayPie data is of huge value to not only SMEs and accountants, but also to potential lenders, such as banks. Nothing is preventing us from becoming an unstoppable train when our risk analysis takes off in the coming time. We’ve been busy developing a Marketplace that connects SMEs with 3rd parties liquidity provider lenders called Credit Hubs on our platform. The first stage to power the growth of small businesses is coming soon. Getting access to funding is a serious problem faced by SMEs, as credit has all but disappeared in the last few weeks We’re in the middle of testing our initial phase and intend to roll out functionality, features and markets in different stages. Our initial phase will be available to SMEs from the USA and Canada only, to solve liquidity problems faced by them. We have partnered with around 40 independent lenders from North America to provide liquidity to businesses using our platform. These carefully chosen 3rd parties working as Credit Hubs on the platform will provide a variety of liquidity options to SMEs, such as invoice financing, merchant cash advance and short-term loans based on the cash flow position of an SME. These lenders and other financial institutions do need PPP tokens to access detailed financial data analytics and assessment of SMEs on the Marketplace. As we build direct and deep relationships with these lenders, we believe we’re in a strong position to market our risk assessment and other financial analytics to them. This is a great opportunity for PayPie – many of these lenders are premium names with huge brand awareness worldwide, and already dealing with millions of businesses. Our vision is clear and we’re on the right track to build something that will be immensely valuable to the industry.