$HTSC announced that the value of the Company's po
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Posted On: 05/14/2021 7:01:21 AM
$HTSC announced that the value of the Company's portfolio of equity securities has grown substantially from a value of $1,187,625 as of December 31, 2020, to a value of $4,478,400 as of yesterday, an increase of 300%.
Paul Riss, the Company's CEO, said, "Our Executive Industries business has profited by accepting equity securities for our services, in lieu of cash. For five engagements, we were paid in shares of common stock for work we performed for OTC-listed companies. We have held shares of stock in one of the issuers for more than one year and shares of stock in two issuers will be one-year one in June 2021. Our portfolio consists of AGDY, ATWT, IDGC, TINO and PVSP."
The Company searches for undervalued assets and accepts shares of common stock as a fee for its corporate advisory, SEC compliance, consulting, and marketing services. Although this activity builds asset value on the Company's balance sheet, it may prove to be more valuable as a non-dilutive resource to fund the Company's drilling and exploration program for nickel and gold in its 177 single cell mining claims in mineral-rich sections of the Timmins mining camp.
Nickel is a crucial battery metal in the electric vehicle ("EV"
supply chain. Many governments, consumer groups and companies, such as the Biden Administration, EV100, and General Motors, have committed to make EV transport the new normal in this decade. Industry experts project the world does not have enough nickel production to supply the EV battery market, and the Company seeks to supply battery metals from its rare land position adjacent to rich world-class deposits.
Paul Riss, the Company's CEO, said, "Our Executive Industries business has profited by accepting equity securities for our services, in lieu of cash. For five engagements, we were paid in shares of common stock for work we performed for OTC-listed companies. We have held shares of stock in one of the issuers for more than one year and shares of stock in two issuers will be one-year one in June 2021. Our portfolio consists of AGDY, ATWT, IDGC, TINO and PVSP."
The Company searches for undervalued assets and accepts shares of common stock as a fee for its corporate advisory, SEC compliance, consulting, and marketing services. Although this activity builds asset value on the Company's balance sheet, it may prove to be more valuable as a non-dilutive resource to fund the Company's drilling and exploration program for nickel and gold in its 177 single cell mining claims in mineral-rich sections of the Timmins mining camp.
Nickel is a crucial battery metal in the electric vehicle ("EV"
supply chain. Many governments, consumer groups and companies, such as the Biden Administration, EV100, and General Motors, have committed to make EV transport the new normal in this decade. Industry experts project the world does not have enough nickel production to supply the EV battery market, and the Company seeks to supply battery metals from its rare land position adjacent to rich world-class deposits.
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