FUTURIS CO - FTRS STOCK NEWS

Futuris Company (OTC Pink: FTRS) announced the acquisition of Affordable Rehab Services, a leading therapy staffing provider in South Florida, on March 10, 2022. This strategic move adds approximately 10 client contracts and a pool of active therapists to Health HR, enhancing service coverage. Despite pandemic challenges, Affordable Rehab had a successful 2021 and expects to surpass its revenue in 2022. The integration will also involve key personnel and a new tracking system aimed at facilitating growth through organic and strategic methods.

Futuris Company (OTC PINK: FTRS) has launched a new Legal Staffing Program in partnership with The TASA Group, which specializes in recruiting legal professionals. This program will focus on the placement of attorneys, paralegals, legal administrators, and more on a contract, contract-to-hire, and permanent basis. Futuris aims to expand its operations both horizontally and vertically, enhancing its market presence and service offerings. President Kalyan Pathuri emphasized the importance of TASA's expertise in bolstering their services, promoting growth through strategic acquisitions.

Futuris Company (OTC Pink: FTRS) has announced the acquisition of Cadan Technologies, enhancing its position in the Human Capital Management sector. This acquisition, financed by First Avenue Funding, is expected to leverage Cadan's technology solutions, including IT staffing and cloud services, which generated over $16 million in revenue in 2021. Cadan, a Certified Woman Owned Business, has partnerships with major manufacturers and is poised for double-digit growth as demand for technology services rises.

Futuris Company (OTC Pink: FTRS) announced the appointment of Gary Tucker as the new Regional Sales Director for Health HR. Tucker brings over 17 years of experience in therapy staffing, having previously owned and operated multiple firms in South Florida. He significantly expanded his last company’s revenue threefold in 3.5 years. Tucker anticipates onboarding Home Health accounts worth approximately $750,000 in 2021, alongside expectations for continued revenue and new partnerships. The company aims to become a leader in the healthcare staffing sector.

Futuris Company (OTC PINK: FTRS) has announced a new CPA Partner Program aimed at supporting mid-sized and larger US CPA firms. This initiative seeks to address the increasing demand for talent and support services for CPA practice areas. The program is backed by the acquisition of TalentBeacon International, which offers capabilities in recruitment, contractor management, and payroll support, primarily focusing on establishing an India-based presence for CPA firms. The move comes as CPA firms face heightened hiring needs and escalating expenses.

Futuris Company (OTC PINK: FTRS) announced that its unaudited financial statements for the quarter ended April 30, 2021, are not reliable due to lack of an audit or review and may contain material errors. The company is preparing unaudited financials for the year ending July 31, 2021, amid integration challenges from recent acquisitions. Additionally, audited financial statements are expected to be filed in conjunction with a Regulation A offering statement to the SEC, targeted for December 31, 2021, as part of the plan to uplist to the OTCQB tier.

Futuris Company (OTC PINK: FTRS) successfully acquired Akvarr Inc., a provider of IT consulting and talent solutions for Fortune 1000 companies, on October 1, 2021. This acquisition, aimed at expanding Futuris' portfolio, is expected to generate incremental revenue and profitability. Akvarr, established in 2007, has over 14 years of experience and a client list that includes GE, DELL, and Coca-Cola. The company also recently sold Pioneer, a previous acquisition, to focus on core operations.

Futuris Company (OTC PINK: FTRS) announced the retirement of Board Member Larry Gaffey effective September 30, 2021. Gaffey, who contributed over 30 years of financial leadership experience, was recognized for his significant impact on the company. The board plans to appoint new members as Futuris prepares to file for an up-list to OTC QB. Shareholders are encouraged to stay updated through the company's website and social media platforms.

Futuris Company (OTC PINK: FTRS) has reviewed its 2021 initiatives in a shareholder letter from President Kalyan Pathuri. The firm has successfully acquired four companies, including Computer Deductions Inc., TASA Group Inc., and HealthHR, aiming to enhance revenue and cross-selling opportunities. Despite a resignation of CFO Eric Stutzke, the company maintains a consulting contract with him. Core initiatives include integrating acquired assets, improving financial infrastructure, and pursuing additional acquisitions to prepare for an OTCQB listing.