READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF SEPTEMBER 30, 2021 FINANCIAL STATEMENTS WITH OTC MARKETS
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced that the Company has filed its financial statements for the quarter ending September 30, 2021 with OTC Markets Disclosure & News Service. RHCO reported an increase in Revenues of 8% compared to 2020. The Company recorded a minor loss yet Net Assets saw an increase of 4%. The result was mainly due to the launching delay of OkeApp (www.okepartners.com), the Company’s new discount referral app which has been building its merchant base continuously, and also the delayed relaunch of Two Percent Online Store (www.twopercent.hk), which is operating currently.
Richard Klitsie, CEO of RHCO stated, “The Company wishes to thank all of its shareholders for their patience and support during this time. During this period the Company has been undergoing several major acquisitions and product launches. All these investments are effectively upgrading the Company to a stronger and profitable position, also focusing more on the Fintech, Online Payment and E-commerce industries. All members of RHCO are confident towards a profitable quarter and year ahead.”
Currently RHCO is labeled a Yield Sign (Pink Limited Information) on the OTC Markets, due to an adjustment of the lawyer opinion letter. As all new information has been filed, RHCO is expecting the Yield Sign to be taken off very soon.
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO at info@readenholdingcorp.com
or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
Contact
Readen Holding Corp.
info@readenholdingcorp.com
+852 3950 5911
Readen Group, RHCO announcement