Key Extracts from 2020 Q2 - Filed August 19, 2020.
Post# of 1178
Business
Aluf Holdings, Inc. (AHIX) is a holding company headquartered in Hollywood, FL, engaged in acquiring, operating and managing subsidiary companies in the development and sale of proprietary software.
Through strategic acquisitions, the Company will develop and manage biometric, blockchain, AI software, technology and cyber security companies as subsidiaries.
To this, the Company has launched a very intensive campaign to target multiple strategic partnerships, business and software asset acquisitions and will rapidly develop a robust portfolio of technology assets over the next several years, allowing us to increase strategic partnerships, market share and profitability.
The Company has selected a number of potential candidates in order to enable the success of this software and technology vertical. However, there are currently no products being sold.
The Company’s current subsidiaries include the following:
- Aluf Biometrics, Inc., formed, by the company, November 12, 2015 for the purpose of a reverse triangular merger with an acquisition target for which the Company is currently under contract.
- Aluf CBD Partners, LLC, was formed, by the Company, March 7, 2019 to engage in the investing of Hemp CBD crude for converting into Distillate by a licensed qualified lab. The Distillate will then be sold to manufacturers
of Hemp CBD products. The officers and directors of Aluf will see to the day to day operations of this wholly owned subsidiary.
The Company's core business and strategy is to build a large portfolio of companies with more diverse enterprise software solutions through strategic acquisitions and managed growth as it acquires profitable businesses with strong growth potential and a solid business plan.
Our technology acquisitions stem from a surge in momentum in the tech space; especially in areas of biometrics and cyber security, cloud-based software services (SaaS), medical applications, energy production, IoE (Internet of Everything) services, and global law enforcement and military based offensive and defensive applications in the software and technology industries.
Aluf Holdings, Inc. (AHIX) Stock Research Links
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