$ISWH Corporate Update: Name Change, Uplist, 39% Q
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International Spirits & Wellness Holdings, Inc. (OTCMKTS: ISWH) (“ISWH” or the “Company”), an emerging diversified leader in the health and wellness space, is excited to update shareholders on the Company’s upcoming corporate name change, its plans to uplist onto the OTCQB exchange, its upcoming release of 2019 annual financial data (including 39% sequential quarter-over-quarter revenue growth), and the establishment of a registered agent in New Mexico as the Company takes steps to expand its home healthcare business outside of the Texas marketplace to drive shareholder value and to provide more care options as the coronavirus outbreak worsens in the US.
Name Change and Uplist. To better serve the interests of its shareholders, the Company has decided to change its corporate name to ISW Holdings, Inc. Steps toward this objective have already begun. In addition, as previously announced in a press release dated Oct. 29, 2019, the Company plans to uplist shares onto the OTCQB exchange following the release of fully audited financial data for the four quarters ended December 31, 2019.
Upcoming Annual Financials. The Company will be releasing its financial data for 2019 on or before March 31, 2020. That audited report will include, among other data, a $70k q/q increase in revenues from its home healthcare segment, representing another large sequential quarterly jump in performance (of roughly 39%), which amounts to accelerating top-line growth.
Home Healthcare Expansion. As detailed in recent releases, the Company has begun the process of expanding its home healthcare operations outside of the state of Texas, moving into in Nevada (Las Vegas and Reno), New Mexico (Santa Fe), Arizona (Phoenix), and Florida (The Villages). As part of that process, the Company has established a registered agent in New Mexico. Regulatory requirements for each of these locations are in progress.
“We are poised to dramatically scale up where it will count most,” commented Alonzo Pierce, President of ISWH. “Our home healthcare business has demonstrated viability and raw growth over a series of consecutive quarters. That business has developed so rapidly that it’s impossible for any responsible management strategy to call for anything but hitting the gas pedal. In the very near future, we expect to be operating a rapidly growing home healthcare business with operations spanning five states, with shares transacting on the OTCQB exchange tier, and with a new corporate name that better reflects our operations and future vision.”