Welcome to our dedicated page for Freedom Hldg news (Ticker: FHLD), a resource for investors and traders seeking the latest updates and insights on Freedom Hldg stock.
Freedom Holdings, Inc., also known as Freedom Acquisition Corp (OTC PINK:FHLD), is actively engaged in expanding its business operations within the cannabis industry. The company recently completed its 15c211 application to ensure audit, regulatory filings, and disclosures are up to date. With a 'PINK CURRENT' status on OTC Markets, Freedom Holdings is looking to acquire and merge with other cannabis companies to further its business plan. The management team is focused on securing additional funding opportunities and exploring joint venture partnerships to drive growth and profitability. Freedom Holdings anticipates FDA clinical trials for its medical cannabis division to treat cancer pain, positioning the company for success in the evolving market.
The Awareness Group (TAG) has reported promising results from the beta testing of its new national residential Power Purchase Agreement (PPA) program. The 10-week test, conducted in July and August, resulted in 171 contracts for solar projects, generating $12.8 million in sales for TAG. These projects were financed through TAG Capital, creating a $10.6 million portfolio of 30-year consumer loan notes and an Investment Tax Credit (ITC) of $3.8 million.
The PPA program, which eliminates credit scores as a barrier to solar adoption, aims to make renewable energy accessible to millions of Americans. TAG plans to onboard 30+ more channel partners in October to scale up the program. The company's TAG GRID platform connects various service providers in the solar energy sector, while TAG Financial supports the platform through its subsidiaries, TAG Financial Services and TAG Capital.
This launch aligns with the growing renewable energy industry, where solar accounted for 40% of new electricity-generating capacity in the first half of 2024. The residential solar market is projected to grow at a CAGR of 15.5% between 2024 and 2029.
The Awareness Group (TAG) has launched TAG Capital, a new division under TAG Financial, to revolutionize renewable energy project financing. TAG Capital will support the growth of the TAG GRID, an integrated network of contractors, project developers, and sales teams in the alternative energy sector. The division will provide fund management services for TAG's innovative PPAs and handle the servicing and monetization of TAG loan portfolios and Investment Tax Credits.
Key features of TAG Capital include:
- Residential PPAs with financing options not solely based on credit scores
- Upcoming commercial PPAs for larger-scale renewable energy projects
- Strategic loan portfolio management
- Maximization of tax incentives for renewable energy developers and financiers
TAG Capital aims to accelerate clean energy project growth and drive revenue through these innovative financial solutions.
The Awareness Group (TAG) has launched TAG Financial Services (TFS), a new fintech subsidiary aimed at revolutionizing project financing and lending solutions in the renewable energy sector. TFS is built on the recent acquisition of Southwest Financial Services and will provide exclusive financing tools to members of TAG GRID, an integrated Alternative Energy Solutions Network.
Key features of TFS include:
- Advanced mobile and web platforms for streamlined project evaluation and financing applications
- Comprehensive financing solutions for both residential and commercial projects
- Exclusive TAG products, including non-credit score-driven pre-paid PPAs
Pablo Diaz, CEO and Founder of TAG, emphasized that TFS is designed to be the financial engine behind TAG GRID, accelerating renewable energy adoption and making clean energy projects more accessible. The launch of TFS is expected to drive growth and success for TAG GRID members while expanding access to sustainable energy solutions.
The Awareness Group (TAG), trading as FHLD, has outlined its growth strategy in the alternative energy sector. The strategy consists of:
- Organic growth through the TAG GRID - The Alternative Energy Solutions Network
- Synergistic alternative energy crypto and blockchain marketplaces
- A complementary corporate development strategy focused on mergers and acquisitions
The TAG GRID is described as a unique growth platform that connects solar sales organizations, project funding, lending solutions, materials procurement, and a national network of installation contractors. TAG also plans to introduce crypto and blockchain incentive programs, allowing customers to earn specialized coins for energy production and enabling solar system owners to sell generated energy to other users.
TAG's M&A strategy involves acquiring strategic assets or companies that can enhance the TAG GRID or provide unique technologies. The company has already acquired five foundational assets, including a licensed solar EPC, Candela Coin/RexCoin, Southwest Financial (now TAG Financial Services), and Manicorn Productions.
The Awareness Group (TAG) and Freedom Holdings (OTC PINK: FHLD) have closed a reverse merger agreement, making TAG a wholly owned subsidiary of FHLD. Led by CEO Pablo Diaz, TAG is an emerging alternative energy company introducing the TAG GRID, a comprehensive solution for commercial and residential customers in the alternative energy space.
Key merger terms include TAG shareholders gaining control of 89.5% of FHLD through a restated Series A Preferred stock class, and TAG's management team taking over FHLD's executive positions and board. The TAG GRID encompasses various programs and services, including:
- A national network of 500+ sales agents
- Financial services for project lending
- Materials procurement
- A network of 119 solar contractors
- A broker program
- Carbon credits validation and trading platform
- Alternative energy crypto incentive program
The Awareness Group (TAG) has unveiled a groundbreaking National Solar Power Purchase Agreement (PPA) program at the RE+ 24 Tradeshow in Anaheim, California. This innovative program, available in states where PPAs are permitted, offers unique benefits:
- No minimum credit score requirement
- Immediate 10% savings on homeowners' utility bills
- Increased profitability for contractors within the TAG GRID
TAG, which recently announced a binding letter of intent to merge with Freedom Holdings, Inc. (OTC PINK: FHLD), is showcasing this program as part of its aggressive growth strategy. The company invites interested parties to meet with representatives at the tradeshow to discuss the PPA program and other TAG initiatives.
Freedom Holdings (OTC PINK: FHLD) and The Awareness Group (TAG) have signed a binding letter of intent for a reverse merger, expected to close in September 2024. This transaction will enable TAG to become publicly listed under the FHLD ticker. TAG, led by CEO Pablo Diaz, is an emerging alternative energy company focusing on solar, blockchain, marketing, and fintech assets.
The merger aims to accelerate TAG's growth strategy, with a goal to create a multi-hundred million dollar company. TAG's ecosystem, the TAG GRID, addresses various aspects of the solar landscape through multiple service provider networks. The company projects potential revenue of $40 million in 2025 through organic growth.
Key merger terms include TAG shareholders obtaining a 90% supermajority of FHLD shares, TAG's management team taking over FHLD's executive positions, and TAG assuming control of the FHLD board. This strategic move is expected to provide a stronger platform for TAG's expansion and offer FHLD shareholders benefits from the combined businesses' scale.
Freedom Holdings (OTC: FHLD) has announced that its new management has signed a Letter of Intent to acquire Swedish firm Franks AI AB, the developer of the AI-driven application Frank AI. Frank AI leverages GenAI technology to enhance software development by automating complex, repetitive tasks. The app, available on both the Apple Store and Google Play, has a 4.7 rating and 3,000+ 5-star reviews. With 135,700 total downloads and high user engagement, Frank AI is revenue positive and boasts a subscriber base grown organically. The acquisition aims to boost shareholder value and is expected to close by the end of September 2024, following an audit. Updates will be provided as the process progresses.
Freedom Holdings, trading as Freedom Acquisition Corp (OTC: FHLD), has transitioned to Olayinka Oyebola & CO Chartered Accountants for audit purposes. This change follows the SEC's administrative action against BF Borger CPA PC, necessitating a new audit firm for FY2023. The Company complied by filing an 8K on May 20, 2024.
In other updates, FINRA processed Freedom's Form 211, allowing for priced quotations per FINRA Rule 6432. Freedom is also pursuing QB status on the OTC Markets board to enhance its growth potential.
Ongoing negotiations in the cannabis sector aim to drive mergers and acquisitions, boosting shareholder value. CEO Mr. Vivian emphasized the strategic plan to acquire facilities for cannabis extraction, manufacturing, and testing.
FAQ
What is the current stock price of Freedom Hldg (FHLD)?
What is the market cap of Freedom Hldg (FHLD)?
What is Freedom Holdings, Inc. known for?
What recent achievement has Freedom Holdings, Inc. accomplished?
What is Freedom Holdings, Inc.'s strategy for growth?
What upcoming plans does Freedom Holdings, Inc. have?
How does Freedom Holdings, Inc. differentiate itself in the market?
