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Standard Dental Labs (OTCQB: TUTH) has launched Part 1 of its three-part Investor Education Series, focusing on the company's roll-up strategy in the dental laboratory industry. The series, titled "The Roll-Up Flywheel," outlines SDL's growth model of acquiring independent dental labs while maintaining local craftsmanship and achieving economies of scale through digital workflows and regional hubs.
The company has completed key corporate initiatives including a 20-for-1 reverse stock split and ticker change to "TUTH". SDL is actively pursuing expansion in Florida with multiple signed non-binding LOIs. Future series installments will cover digitization, hub operations, and capital deployment strategies.
SDL's execution will be measured through quarterly closing metrics, gross-margin improvements from standardization, and efficient use of Regulation A proceeds.
Standard Dental Labs (OTCQB:TUTH) has announced significant progress in its Florida consolidation strategy, signing five non-binding letters of intent (LOIs) to acquire privately-owned dental laboratories in Florida. The company is simultaneously advancing discussions with over 20 additional independent dental laboratory owners across the state.
SDL aims to achieve an annualized revenue run-rate of approximately $20 million by the end of 2025 through these acquisitions. CEO James Brooks emphasized that these initial LOIs represent strategic partnerships with lab owners who recognize the platform's potential to modernize while preserving their legacy. The transactions remain subject to due diligence, definitive agreements, and regulatory approvals.
Standard Dental Labs (OTC: TUTH) has received SEC qualification for its Regulation A offering, enabling the company to sell shares to both accredited and non-accredited investors. This milestone achievement follows the company's completion of multiple audited financial restatements and successful transition to trading under the ticker symbol "TUTH".
The Florida-based dental laboratory consolidator plans to utilize the offering proceeds to fund its acquisition strategy, specifically targeting additional dental laboratories in Florida, while also investing in operational efficiency improvements and technology enhancements to better serve dental professionals.
Standard Dental Labs (OTCMKTS: TUTH) announced the appointment of Nirmal Sekhri to its Board of Directors, effective immediately.
Mr. Sekhri brings over two decades of experience in strategic sales and entrepreneurship, having managed $187 million in contracted sales at Trane Technologies and founded TheraSpa Service Group, Arizona's largest spa and water care provider.
CEO James Brooks highlighted Sekhri's commercial and strategic expertise as pivotal for Standard Dental Labs' growth and expansion across Florida. The company aims to consolidate and modernize the dental laboratory industry through strategic acquisitions and operational excellence.
Standard Dental Labs (formerly Costas Inc.) announced FINRA's approval of its name change and ticker symbol transition from 'CSSI' to 'TUTH'. The company will implement a 20:1 reverse stock split effective March 13, 2025, with split-adjusted trading beginning March 14, 2025.
The stock will temporarily trade as 'CSSID' for 20 business days before changing to 'TUTH' around April 10, 2025. The company's outstanding shares will decrease from approximately 572,206,363 to 28,610,318 post-split. The authorized capital remains at 2 billion shares.
All fractional shares will be rounded up, and existing securities (options, warrants, preferred stock, convertible notes) will be adjusted according to the 20:1 ratio. Transfer Online Inc. will manage the exchange process, with stockholders not required to exchange existing certificates.
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