GlobeNewswire Inc | Dec 7, 2021 03:35PM EST

December 07, 2021

TORRANCE, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Tytan Cybernetics/ Video River Networks the Company (OTC: NIHK TWTR: @NIHKEV), a technologically innovative holding company for Electric Vehicle, Fintech, Ai, Robotics, Drones, Distressed assets, and Business opportunities within the high growth, Fintech, Ai, Health, Sports and Entertainment industries, announces plan to conduct S-1 registration of its Drive-Crypto-EV Token. The Company has therefore postponement of the launch its tokens and token-website originally scheduled for 12/10/2021.

Following the counsel of our lawyers, we have decided to register our Drive-Crypto-EV Token using the Form S-1. Since NIHK already has a PCAOB audited financials and an effective S-1 on the book, it would cost the company just patience and small amount to accomplish this S-1 registration process for the Drive-Crypto-EV Token. stated Frank I Igwealor, CEO of Tytan Cybernetics/ Video River Networks.

Operationalized as the Green Class Initiative, the Drive-Crypto-EV program harnesses the power of Community to connect owners of EVs with a Crypto Wallet through a secure App for deposit into their accounts. It rewards environmentally friendly consumers with technological solutions of the future. Like Airline Mileage Programs, the token rewards recipients would be able to spend their token at any/every Tytan Cybernetics Charge-Stations, Car-Wash and Convenient Stores, which would be launched across the 50 States, starting with California, by the middle of 2022.

Tytan Cybernetics recently announce plan to build out Charge-Stations throughout the United States, starting with California, through its subsidiary, American Electric Vehicles and Battery Technology, Inc. The company anticipates the first of those Charge-Stations to be ready in the 2nd quarter of 2022. Building of the charge-stations is in anticipation of progress from American Electric Vehicles and Battery Technology, Inc. staff working to review Tytans Electric vehicles and submit needed applications and paper-works to obtain certification for the vehicles for US roads. Once it is ready, the charge-stations are expected to give the Drive-Crypto-EV Token utility because the token would be accepted at Tytans charge-stations across the United States.

AboutTytanCybernetics,Inc.

Tytan Cybernetics, Inc. is a holding company for a technologically innovative Electric Vehicle, Fintech, Ai, Robotics, Drones, Distressed assets, and Business opportunities within the high growth, Fintech, Ai, Health, Sports and Entertainment industries with focus to invest and bring to market the next generation of high-performance state-of-the-art products and services. The companys current and expanding technology portfolio includes Electric Vehicles, Artificial Intelligence, Machine Learning and Robotics ("EV-AI-ML-R"), with businesses and operations in North America and Asia. With a commitment to revolutionary technology, Tytan Cybernetics is in the process of cultivating prosperous technologies to enhance consumers cybernetic experience.

For more information, please check the latest updates on the company's Twitter account https://twitter.com/NIHKEV

NoticeRegardingForwardLookingStatements

SafeHarborStatementunderthePrivateSecuritiesLitigationReformActof1995:Thisnewsreleasecontainsforward-lookinginformationwithinthemeaningofSection27AoftheSecuritiesActof1933,asamended,andSection21EoftheSecuritiesExchangeActof1934,asamended,includingstatementsthatincludethewordsbelieves,expects,anticipateorsimilarexpressions.Suchforward-lookingstatementsinvolveknownandunknownrisks,uncertaintiesandotherfactorsthatmaycausetheactualresults,performanceorachievementsofthecompanytodiffermateriallyfromthoseexpressedorimpliedbysuchforward-lookingstatements.

CONTACT:Tytan Cybernetics/Video River Networks 370 Amapola Ave., Suite 200ATorrance, CA 90501contact@videorivernetworks.net

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