Business
Here To Serve Holding Corp. Reports Annual Net Income of $3.2 Million
Here To Serve Holding Corp. Reports Annual Net Income of $3.2 Million.
About this update from Mesa Home Resources Inc.
[{"type":"text","content":"Highlights:Net income increased by 858% Revenues increased by 139% The Company's subsidiary, Fortune Nickel and Gold Inc, engaged a firm for line cutting and IP surveys for its 177 mineral claims and filed its drilling permit for its Gowan project in Ontario, CanadaThe Company's affiliate KRTL Biotech Inc. has expanded to Asia and Canada.Rye Brook, New York--(Newsfile Corp. - December 13, 2021) - Here to Serve Holding Corp. (OTC Pink: HTSC) (the \"Company\") announced net income of $3,215,722, or $0.05 per basic share, for the year ended September 30, 2021, an increase of 858% as compared to net income of $335,587, or $0.01 per basic share, for the year ended September 30, 2020. Revenues more than doubled to $1,336,294 in fiscal 2021, an increase of 139%, as compared to $559,829 in fiscal 2020.\"We are pleased with our profitable operations, the value of our mineral rights and our investment in a biotech company that has approval in South Korea to study psychedelic-inspired therapies,\" said Paul Riss, CEO. \"We are diligently moving forward with our 100% owned nickel projects, with the vision of feeding the high-growth electric vehicle market. Our neighbor in the Timmins mining camp recently published maps that showed a large conductive anomaly directly pointing to our property We are in the process of examining that anomaly in our property, which is significantly larger.\"\"We are equally excited for the work being performed by our KRTL affiliate,\" continued Riss, \"which now owns 49% of KRTL Asia Co. Ltd. and KRTL Biotech Canada, Ltd. We are eager to begin trials and we anticipate the next phase after trials is for us to partner with mental health clinics, treatment centers with doctors, mental health physicians and professionals who will become our target market for psilocybin and psychotropic substances legally produced by KRTL.\" The Company has uploaded its audited consolidated financial statements to OTC Markets. Please refer to the audited financial statements for additional details of the Company's fiscal 2021 operating results. About Here to Serve Holding Corp.Here To Serve Holding Corp. is a holding company with three operating entities. Its subsidiary Fortune Nickel and Gold Inc. owns 177 mining cells in the Timmins mining camp in Ontario, Canada, which is highly prolific to nickel, gold and copper. The nickel is t...