In This Article:
Company Continues to Make Progress
FRANKLIN, NJ / ACCESSWIRE / October 11, 2024 / Silver Scott Mines, Inc., (OTC PINK:SILS) - a diversifying holding company, is pleased to update shareholders on its progress of transitioning into a company with multiple divisions and operations.
Dear Shareholders,
Since starting to work for Silver Scott Mines, Inc in February, 2024, I have made it my mission to diversify the company away from solely crypto assets, tofocus the company on acquiring successful operating businesses therebycreating multiple revenues streams within the diversified healthcare, technology and clean technology business sectors.
As CEO, the number of opportunities that the Company is seeing has been overwhelming. To simplify reporting and make it easier for shareholders and interested financial parties to understand the company, I will be creating 4 divisions under the Silver Scott banner. Silver Scott Digital Holdings, Silver Scott Health, Silver Scott Consumer Products and Silver Scott Clean Technology. I have begun the process of recruiting advisory board members who will be providing key insights in their respective fields.
Over the last two months, we have been engaged in several negotiations for product licensing and business acquisitions. We anticipate these transactions will close before the end of this year. Additionally, we have identified an audit firmthatwill be working to have all the required audits prepared so we can file a Registration Statement with the SEC to become a fully reporting company. While the audits will take some time to complete, we will be working diligently to ensure that our financial reporting going forward is on a par with Exchange listed companies.
Dr. Wesley Holland, Chairman of the Board, stated "The Board and I wholeheartedly agree with the direction the Company is taking under the watchful eye of Stuart Fine. He has presented to us a significant level of opportunities that we expectwill all tie together and make Silver Scott into a revenue generating and profitable company in the future. We are excited to see what happens next."
Lastly, I would encourage all investors to visit our website www.silverscottmines.com and sign up for our email service in order to be kept apprised of our latest news releases. If you should have any questions, feel free to email investors@silverscottmines.com I look forward to having some positive news to report in the not too distant future.
Sincerely,
Stuart Fine
CEO
About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. Is a holding company with several digital assets currently being held. The company is adding healthcare technology and health focused businesses with a focus on improving overall health or current health conditions. Our tagline is, Better Health Becomes You.