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INDUSTRY SOURCE CONSULTING PROVIDES MARKET REPORTS AS IT MOVES FORWARD WITH NEW BUSINESS STRATEGY

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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.

Positive
  • Renewed application for OTC Disclosure and News Service to enhance communication.
  • Shift towards digital and e-commerce sectors aligns with current market trends.
  • Identification of key acquisition candidates indicates strategic growth plans.
Negative
  • Approval for the OTC service may take up to six weeks, delaying communication.
  • Forward-looking statements indicate significant uncertainties and risks, including capital raising and profitability challenges.

Thomasville, GA, May 10, 2021 (GLOBE NEWSWIRE) -- Industry Source Consulting, Inc. (OTC: INSO), reported today that it has submitted an application to OTC markets to renew its OTC Disclosure and News Service.  The activated service will allow the Company to distribute news and financial reports.  According to OTC markets, the current timeline for application approval can take up to six weeks.  In the interim as the Company waits for approval it has published its 2020 market reports via its website at www.industry-source.com.   

Industry Source has focused its new business strategy on the digital and e-commerce sectors.  With unprecedented and unforeseen growth occurring in the sectors due to the COVID-19 crisis, the company has identified key acquisition candidates with enhanced platforms and niche offerings.  

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company’s ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


FAQ

What recent development has Industry Source Consulting (INSO) announced?

Industry Source Consulting announced the submission of an application to renew its OTC Disclosure and News Service.

How long will it take for Industry Source Consulting's OTC application to be approved?

The approval process for the OTC application may take up to six weeks.

What strategy is Industry Source Consulting focusing on during the COVID-19 crisis?

The company is focusing on digital and e-commerce sectors, identifying key acquisition candidates.

Where can I find Industry Source Consulting's 2020 market reports?

The 2020 market reports are available on the company's website.

What are the risks mentioned in Industry Source Consulting's press release?

The risks include uncertainties in raising capital, executing business plans, and achieving profitability.

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