Blockchain
ISW Holdings Announces Beneficial Renegotiation Agreement in Telehealth and Home Healthcare Operations to Add Additional 40% to Sales in the Segment
Las Vegas, Nevada–(Newsfile Corp. – March 18, 2021) – ISW Holdings, Inc. (OTC Pink: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company with commercial operations in Telehealth and Cryptocurrency Mining, is pleased to announce a beneficial restructuring of its relationship with its telehealth and home healthcare joint venture partner, Paradigm Home Health (“PHH”).
The Agreement will increase the Company’s share of revenues from related operations by up to 40% going forward.
“We are proceeding full-steam ahead with our telehealth and home healthcare segment, and this Agreement represents a very productive step in assuring our long-term viability in delivering shareholder value through related operations,” commented Alonzo Pierce, President and Chairman of ISW Holdings. “This segment has driven positive growth for the Company over the past seven consecutive quarters, and this restructured Agreement should increase the impact of those operations going forward. We are also in negotiations toward the potential acquisition of a telehealth resource for the rapidly growing autism therapy market, and we hope to have more details on that soon. This is an additional direction we are interested in, but we can’t claim anything definitive at this point.”
The newly renegotiated Agreement with PHH augments the share of revenues that go directly to ISW Holdings.
Prior to this Agreement, the Company booked 50% of all sales in the home healthcare operations joint venture. Following this renegotiation, the Company will now book 70% of all sales from the same home healthcare operations going forward. The Company will also now have the ability to book in-house sales of home healthcare services through Medicare subsidies.
In addition, the Company is working on the potential acquisition of an autism therapy telehealth solution. Negotiations are still at an early stage, but the Company is interested in the space and would like to be a part of addressing what it sees as an underestimated unmet need in society, especially among rural and disadvantaged communities.
According to Marketresearchfuture.com, the autism services market is estimated to generate approximately $7.05 billion in revenue annually by 2023. Growth is being generated by increasing legislative supports and mandated insurance coverage, along with increased trajectories for both diagnostic frequency and costs associated with treatments in the space.
Pierce added, “The new Agreement is a solid value add for our telehealth and home healthcare segment, but we are also interested in expanding into areas that can augment growth in the space. Autism is diagnosed more than cancer, diabetes, and HIV combined, but there are very few therapeutic solutions available to underserved communities. An autism therapy solution could serve as an excellent market opportunity and a chance to drive shareholder value while making a positive contribution to members of our surrounding communities, and we hope to have further details on something in this direction soon.”
About ISW Holdings
ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.
For more information, visit www.iswholdings.com
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).
Company Contact:
[email protected]
Public Relations
EDM Media, LLC
https://edm.media
(800) 301-7883
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/77733
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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