Business
Aluf Holdings, Inc. 2019 Year in Review
Aluf Holdings, Inc. 2019 Year in Review.
About this update from Aluf Holdings, Inc.
[{"type":"text","content":"\n\n\n\nAluf Holdings, Inc. 2019 Year in Review\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAluf Holdings, Inc. 2019 Year in Review\nPR Newswire\nHOLLYWOOD, Fla., Jan. 13, 2020\n\n\n\nHOLLYWOOD, Fla., Jan. 13, 2020 /PRNewswire/ -- Aluf Holdings, Inc. (OTC PINK: AHIX) (\"AHIX\" or \"the Company\") today announced that despite delays in acquisition financing, 2019 was a transformational year.  During 2019 the Company made major changes in its strategy, portfolio, leadership, and BOD and achieved major milestones in strategic growth by identifying additional acquisition targets. \n\n \n \n\n \nFollowing is a review of Aluf's 2019 accomplishments and achievements along with the vision for 2020 and beyond.\n2019 Highlights\nKicked off 2019 with a new Board of Directors comprised of thought leaders in technology market segments that complement Aluf's acquisition strategy. Expanded our strategic vision to include various \"Next Gen\" technologies and broadened our scope beyond Biometrics and Hardware/Software to include Blockchain, Cybersecurity, Cloud Computing, AI, and Computer Vision. Redesigned and unveiled a dynamic website which accurately reflects our strategic vision. Acquired COLOTRAQ, the first and largest broker and master agency specializing in data center infrastructure solutions. Launched Aluf CBD Partners LLC to fulfill the growing client need in the CBD marketplace. Appointed COLOTRAQ'S founder and CEO, Dany Bouchedid, President/Chief Executive Officer of Aluf. Appointed Broadridge Corporate Issuer Solutions, Inc., as Aluf's transfer agent and registrar its common stock. Announced the execution of non-binding Letters of Intent to acquire two additional privately held next gen technology companies. This puts the Company at a total of four acquisitions, including existing CSPA to acquire a profitable biometric company, along with the acquisition of COLOTRAQ in April.2020 Outlook\nThe next several months promise remarkable results as we take the company from no revenue at the beginning of 2019 to sustainable growth and profitability, including:\nFinalize t...