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Industry Source Consulting (OTC PINK: INSO) has clarified its recent acquisition of Phyto Life Organics, stating that it purchased the assets of the company through an Asset Purchase Agreement, rather than acquiring the company outright. The clarification was made to prevent confusion among shareholders, as a misleading announcement was made previously. INSO's spokesperson, Eric Szia, emphasized that the misstatement was unintentional. The press release also included forward-looking statements regarding the company's financial performance, cautioning investors about potential risks and uncertainties associated with future operations.
Industry Source Consulting (OTC Pink: INSO) has successfully completed the acquisition of Phyto Life Organics, LLC, a Missouri-based CBD production company. This acquisition is expected to provide immediate revenue to INSO and aligns with its new growth strategy. The company has recently achieved top-tier reporting status with OTC Markets and is current with its quarterly filings. Outgoing CEO Michael K. Molen emphasized that acquiring a revenue-generating company is crucial for enhancing shareholder value, with plans for further acquisitions underway.
Industry Source Consulting (OTC Pink: INSO) announced its commitment to acquire a Missouri-based holding company with a large scale CBD production farm. This acquisition is expected to enhance revenue through various generating brands and is set to close by the end of November 2022. Additionally, INSO has attained top tier reporting status with OTC Markets and is current on its quarterly filings. The incoming management team will assume control, with a new interim CEO to be introduced shortly.
Industry Source Consulting (OTC PINK:INSO) announced it is now up to date with its quarterly Disclosure Statements, achieving the highest tier of reporting on OTC Markets, known as Pink Sheets Current Information. The company has restated its financials to meet required standards. Additionally, INSO is in the process of implementing a new management team and business strategy, with further details to follow soon. Outgoing CEO Michael Molen expressed gratitude to shareholders for their patience during this transition.
Yields Management Group, Inc. announced its acquisition of controlling interest in Industry Source Consulting (OTC PINK: INSO). The company plans to change its name and trading symbol with the help of FINRA and the State of Wyoming. Yields Management aims to support emerging agriculture markets, particularly the growing legal cannabis sector. They are negotiating to acquire a 60,000 square foot facility in Tulsa for their operations. CEO Aaron Lee emphasized that access to public financial markets will accelerate their expansion plans.
Industry Source Consulting, Inc. (OTC: INSO) announced the submission of its application to renew the OTC Disclosure and News Service, which enables the distribution of news and financial reports. The process may take up to six weeks for approval. In the interim, the company has published its 2020 market reports on its website. The firm is shifting its business strategy towards the digital and e-commerce sectors, identifying key acquisition targets to leverage growth amid the COVID-19 crisis.
Industry Source Consulting (OTC: INSO) is finalizing the appointment of new executive management, expected within two weeks. This new management will prioritize compliance with OTC markets by posting necessary disclosures and financials. Additionally, they aim to enhance shareholder communications and transparency moving forward.
The press release also contains a Safe Harbor Statement, emphasizing the inherent uncertainties and risks associated with forward-looking statements regarding the company's operational and financial future.
YEP, Inc. (OTC PINK: INSO) has announced a significant leadership transition following its acquisition of Industry Source Consulting, Inc. This event marks the introduction of a new executive team aimed at fostering an entrepreneurial community. The team includes Jimmy Ezzell as CEO, C.J. Floyd as CFO, and several other experienced professionals in key roles. YEP aims to provide a robust platform for entrepreneurs, incorporating training and resources to promote growth and success in the market.
YEP, Inc. (OTC PINK:INSO) announced a share exchange agreement with Industry Source Consulting, leading to a new management team taking control of the company. This partnership aims to enhance YEP's position in the marketplace, with over 5,000 members in 20 countries. CEO Jimmy Ezzell emphasized that the transaction will provide the financial resources needed for growth and technological advancement. YEP operates a subscription-based platform supporting entrepreneurs with various tools and resources, promoting a collaborative community.
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