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Mesa Home Resources Stock Price, News & Analysis

HTSC OTC

Company Description

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.

Stock Performance

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Performance 1 year
$2.3M
Market Cap
104.3M
Shares outstanding

SEC Filings

No SEC filings available for Mesa Home Resources.

Financial Highlights

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Net Income (TTM)
Diluted EPS (TTM)
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Frequently Asked Questions

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.