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DGAP-News: True Nature Holding, Inc : True Nature Mitesco Set to Launch Mitesco PLC New Medtech Incubator -- Establishes Center for Europe
DGAP-News: True Nature Holding, Inc : True Nature Mitesco Set to Launch Mitesco PLC New Medtech Incubator -- Establishes Center for Europe.
About this update from Mitesco, Inc.
[{"type":"text","content":"\n\n\n\n\nDGAP-News: True Nature Holding, Inc \n\n\n / Key word(s): Product Launch\n\n\n\n\n\nTrue Nature Holding, Inc : True Nature Mitesco Set to Launch Mitesco PLC New Medtech Incubator -- Establishes Center for Europe \n\n\n\n\n\n\n\n14.11.2019 / 10:20 \n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\nTrue Nature Mitesco Set to Launch Mitesco PLC New Medtech Incubator -- Establishes Center for Europe\n\nATLANTA, GA, via NEWMEDIAWIRE -- True Nature Holding, Inc. (OTCQB: TNTY) today announced that it is forming a new Irish corporate entity, Mitesco PLC to act as a holding company for its European based acquisitions. The new name, which is Latin for \"progress\", will begin a new theme for the Company, where it is assembling healthcare technology solutions companies, generally, those that are early stage, but past proof of concept, and with revenues in the $2 million to $20 million range. It expects that the new operations will progress: by growing their market presence geographically in new markets, including the North American markets. The new entity will be based in Dublin, Ireland.\n\nSeparately, it announced that it has retained Matheson, the law firm headquartered in Dublin, Ireland as its counsel and advisor on its European acquisitions and equity fundraising activities. The Company, whose stock currently trades in the U.S. on the OTC QB Marketplace, has opened conversations regarding a possible listing, or dual listing, on European exchanges and it has named Matheson to be its intermediary in those conversations, and concerning fundraising in the European finance community.\n\n\"We see a wealth of opportunities in the European marketplace. Several nations have provided funding and guidance to entrepreneurs in their countries who have a passion for improving both the quality and efficiency of healthcare. We think these innovative applications can grow worldwide with some marketing and capital investment,\" said Larry Diamond, CEO of True Nature.\n\nJulie Smith, the recently named President and COO, discussed the new corporate identity, \"We see the chance to change the world of healthcare, to make significant progress toward the empowerment of the individual in directing their health, with information that can be readily shared with the healthcare professionals that they need, and want. Th...