Hestia Insight Inc. announced its execution of a Memorandum of Understanding with General Data Collection Ltd. (“GDC”), pursuant to which Hestia Insight and GDC have agreed in principle to enter into license agreements whereby GDC would grant to Hestia Insight, on an exclusive, non-revocable, royalty-free, and perpetual basis, licenses in certain of GDC's technologies relating to the treatment of mental health conditions using electromagnetic brain pulse (“EMBP™”) protocols and products (collectively, the "Technologies"), in order for Hestia Insight to exclusively develop, make, have made, market, and sell brain health and functionality products and services using such Technologies within the United States. According to the National Institute of Mental Health, nearly one in five U.S. adults lives with some kind of mental illness. GDC developed Electromagnetic Brain Pulsing (EMBP™), a non-invasive, brain-wave-guided transcranial magnetic stimulation treatment, which focuses on the brain’s physical condition and treats the neurons in the brain to restore optimal neurological functionunder the care of a licensed physician. EMBP™ was initially released through GDC’s wholly-owned subsidiary, Noether Sciences and Technologies Inc., with the goal of identifying and recording individual brain activity and to improve or correct brain condition through pulse-matching, electromagnetic stimulation. EMBP™ has been used to treat depression disorder, anxiety disorder, attention deficit hyperactivity disorder, and substance abuse disorders, including addiction.