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Roseville, Minnesota, Jan. 27, 2025 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTC: SCTH), a pioneering force in cybersecurity and Web3 technologies and platforms, is thrilled to announce its forward-looking vision for 2025 and beyond. Under the dynamic leadership of our new President and CEO, SecureTech is poised for major gains in 2025 by focusing on strategic initiatives designed to propel the company to new heights.
Key Strategic Initiatives Planned for 2025:
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Recapitalize the Business: SecureTech aims to strengthen its financial foundation through short-term bridge, intermediate, and long-term funding solutions.
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Aggressive M&A Program: Pursuing an assertive mergers and acquisitions strategy to drive rapid growth and expansion.
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Reduce Outstanding Shares: Continue with the 2024 Share Reduction Program to strategically reduce outstanding shares to around 17 million issued and outstanding by Q3 2025.
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Listing Upgrades: Targeting a Q2 2025 upgrade to the OTCQB, with a subsequent NASDAQ uplisting to increase market visibility and investor confidence.
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Divest and Spin-Off Top Kontrol Product Line: Streamlining our portfolio by providing loyal shareholders with a special dividend and spinning off Top Kontrol as an independent OTCQB company.
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Initiate Investor Relations/Awareness Program: Launching an initiative to enhance communication and introduce SecureTech to the investment community.
As these initiatives start taking shape, SecureTech will release additional details to our shareholders via official press releases and SEC filings.
J. Scott Sitra, SecureTech’s President and CEO, commented, “SecureTech has accomplished many great things since its inception. It is now time to take the company and its shareholders to the next level by leveraging the many benefits offered by this magnificently structured public company.”
“We have already started working diligently on manifesting our 2025 Strategic Initiatives. Presently, we are in advanced discussions to acquire two remarkable businesses. One is a payment processing business handling about US$480 million in online payments annually and the other is an online lifestyle platform integrated with AI advancements that is ready to scale up on a global level. Both companies are already profitable, and I eagerly look forward to sharing more details in the near future,” added Mr. Sitra.
About SecureTech Innovations
SecureTech is a company at the forefront of developing and marketing security and safety devices, products, and technologies – our products preserve life, protect property, and prevent crime. SecureTech is the maker of Top Kontrol®, the only anti-theft and anti-carjacking system known that can safely stop a carjacking without any action by the driver. Through its Piranha Blockchain subsidiary, SecureTech is pioneering cutting-edge cybersecurity and Web3 technologies and platforms. For more information, visit securetechinnovations.com, topkontrol.com, and piranhablockchain.com.