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Mesa Home Resources Inc. - HTSC STOCK NEWS

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Here To Serve Holding Corp. (OTC PINK: HTSC) is thrilled to announce a definitive Share Exchange and Reorganization Agreement to acquire DCE Construction, Inc., known as Mesa Garage Doors. Mesa is a top Southern California company specializing in garage doors, entry doors, and custom gates. The acquisition is a crucial milestone for both entities, signaling a new era of growth and collaboration.

Key highlights of the transaction include HTSC acquiring all shares of MESA, a change in leadership with Dwight Esnard and Michael Layman set to become CEO and CFO, and the spin-out of HTSC's legacy business into a separate public entity. Financially, MESA boasts an enterprise value of approximately $41 million and anticipates annual revenue growth, positioning itself as a leader in the home improvement sector.

With a focus on operational enhancements, technological upgrades, and strategic expansion through M&A activities, MESA is poised for continued success. Furthermore, the company is committed to financial transparency and is undergoing a detailed audit, emphasizing its dedication to stakeholders.

As CEO Paul Riss prepares to pass the torch to incoming CEO Dwight Esnard, MESA is primed for significant growth and innovation. The company's commitment to delivering value to its stakeholders and fostering a culture of innovation sets the stage for a promising future.

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HTSC: Here To Serve Holding Corp. Announces Acquisition of MESA, a Leader in Home Improvement Solutions, Closing of Spin-Out of Legacy Business and Subsidiaries, and Intentions for Name and Ticker Symbol Change
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Here To Serve Holding Corp. (OTC PINK:HTSC) has entered into a definitive Share Exchange and Reorganization Agreement to acquire DCE Construction, Inc., doing business as Mesa Garage Doors. The acquisition is expected to close in November 2023. Key highlights include the issuance of 1.4 billion restricted shares of HTSC common stock to MESA shareholders, the appointment of Dwight Esnard as HTSC's new CEO, and the spin-out of HTSC's legacy business into a separate public entity.
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Here to Serve Holding Corp. (OTC Pink: HTSC) has published its financial results for Q1 2023, reporting a net loss of $213,489 and cash provided by operations of $39,338. The company has established strategic partnerships and achieved positive cash flow for the first time in three years. It has launched an energy-monitoring platform on AWS and is focusing on mineral exploration in Ontario, Canada.
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Fortune Nickel and Gold Inc. has identified preliminary drill targets to explore multiple electromagnetic anomalies at its Gowan Property in Timmins, Ontario. Historical data shows a significant drill hole intersection of 3.5% Ni and 1.25% Cu. The company plans to conduct modern surveys to enhance exploration efficiency, with a winter drilling program anticipated in early 2021. Fortune aims to capitalize on rising demand for nickel as the EV market grows, believing the Gowan property may yield high-grade nickel deposits to boost shareholder value.

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On October 15, 2020, Here To Serve Holding Corp. (OTC:HTSC) announced that its subsidiary, Fortune Nickel and Gold Inc., retained Prairie Fire Enterprises for an environmental investigation in Timmins, Ontario. The investigation aims to assess Fortune's nickel claims, including historical high-grade drill holes with notable nickel and copper percentages. Fortune's CEO emphasized the importance of nickel for electric vehicle batteries, indicating a strong market potential. The company plans to capitalize on the growing demand for nickel in the EV sector, focusing on exploration and production.

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Here To Serve Holding Corp (OTC:HTSC) is initiating a work program on the Gowan property in Northeastern Ontario through its subsidiary, Fortune Nickel and Gold Inc. The property, located 10 miles from a significant nickel discovery, showed promising results in past sampling, with 3.5% nickel and 1.3% copper. The work program includes advanced surveys and diamond drilling of top targets. CEO Paul Riss emphasizes the potential for high-grade nickel and gold, aiming to meet the growing demand from electric vehicle manufacturers.

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Here To Serve Holding Corp. (OTC:HTSC) announces the appointment of Charles Gryba as a strategic advisor to its subsidiary, Fortune Nickel and Gold Inc.. Gryba, an experienced mining specialist, brings extensive knowledge from his work with various junior mining firms. Notably, Fortune has secured ownership of 28 units in Gowan Township, which includes a promising 8.3-meter intersection grading 3.5% nickel and 1.2% copper. The company aims to capitalize on the growing demand for nickel driven by the electric vehicle market.

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Here To Serve Holding Corp. (OTC:HTSC) has announced its subsidiary, Fortune Nickel and Gold Inc., has signed an agreement to purchase mining claims near Timmins, Canada, which is known for significant nickel deposits. CEO Paul Riss emphasized the company's commitment to securing minerals essential for electric vehicles (EVs) amidst inflation concerns. The acquisition aims to leverage high nickel and gold levels from previous drilling while positioning Fortune as a key player in the EV supply chain.

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Here To Serve Holding Corp. (OTC PINK:HTSC) announced that its subsidiary, ICF Industries Inc., has entered into a distribution agreement with Gigacrete Inc. to promote and distribute the innovative GigaHouse building technology. This system aims to transform the construction landscape in Los Angeles by offering customizable and energy-efficient residential and commercial properties, including Accessory Dwelling Units (ADUs). The GigaHouse technology promises significant cost reductions in construction while maintaining high performance and eco-friendly standards.

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FAQ

What is the market cap of Mesa Home Resources (HTSC)?

The market cap of Mesa Home Resources (HTSC) is approximately 2.3M.

What is the recent agreement that Here To Serve Holding Corp. (HTSC) has entered into?

HTSC has entered into a definitive Share Exchange and Reorganization Agreement to acquire DCE Construction, Inc., known as Mesa Garage Doors, a prominent Southern California company specializing in home improvement solutions.

Who will be the new CEO and CFO of HTSC after the acquisition?

Dwight Esnard and Michael Layman will take on the roles of CEO and CFO, respectively, at HTSC after the acquisition of Mesa Garage Doors.

What is the financial outlook for MESA following the acquisition?

MESA has an enterprise value of $41 million and expects to achieve steady revenue growth, positioning itself as a leader in the home improvement sector.

How is MESA planning to enhance its operations and expand its business?

MESA is focusing on operational improvements, technological upgrades, workforce training, and strategic expansion through M&A activities to drive continued success and growth.

Is MESA committed to financial transparency?

Yes, MESA is undergoing a detailed audit by a PCAOB-registered firm, showcasing its commitment to financial transparency and accountability to stakeholders.

What does the incoming CEO of MESA, Dwight Esnard, envision for the company?

Dwight Esnard is committed to delivering significant value to stakeholders, fostering innovation, and driving the company towards a period of dynamic growth and success.

What business areas does Here To Serve Holding Corp. focus on?

HTSC focuses on two main areas: investing in properties containing metals for electric vehicle batteries and selling subscriptions for a real-time AWS-based software platform for electric building systems.

What services does MESA provide besides garage doors?

In addition to garage door installations and services, MESA offers entry doors, custom wood gates, and garage door openers. The company is planning further expansion in related home improvement areas.

How is MESA planning to grow its revenue in the coming years?

MESA aims to achieve a revenue target of $30 million by 2025, with a 10% year-over-year growth rate anticipated for 2026. The company plans to expand horizontally into other home improvement sectors and grow through strategic acquisitions.

What changes are anticipated for Here To Serve Holding Corp.'s corporate name and ticker symbol?

After the MESA acquisition closes, HTSC will file for a name and ticker symbol change to better align with its new business focus.

Mesa Home Resources Inc.

OTC:HTSC

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2.29M
Home Improvement Retail
Consumer Cyclical
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United States
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