![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, November 21, 2016 2:56:44 PM
Dear Shareholders:
I am pleased to provide this update. We are extremely excited about our position in the SMS Mobile Marketing space and our goal to grow revenue organically and through acquisition. We have accomplished several goals this past quarter:
-We have made a strategic decision to invest in Quick Service Restaurants (QSR). These QSRs will provide immediate revenue and profits while complimenting our SMS solution. Once acquired, the QSRs will utilize the Textmunication SMS offering. We have plans to aggressively grow our QSR portfolio in 2017 and beyond. The company will be divided into two divisions: QSR and SMS. We have access to premier QSRs through our partnership with a leading commercial brokerage firm. This partnership allows us to add specific QSR holdings achieving our strategy of increased revenue and profitability. I will announce details of the transactions as they are finalized. This is a big step forward for the growth of our company.
The company has made several moves in recent months improving our financial position. Two notes were recently eliminated. Textmunication has positioned itself in a positive financial structure going forward. We recently announced a 14-C filing to request raising our Authorized Shares to acquire new companies as I previously outlined. Our recent 10-Q stated a 62% increase in revenues versus the same period last year. I'm confident in our operational plan going forward and look forward to adding new companies to our holding structure. We have upgraded our technology platform, added quality personnel and addressed convertible notes this past quarter. We have momentum heading into 2017.
- We continue moving forward on our exclusive SMS arrangement with CORAnet Solutions. They are a leading Patient Health Record (PHR) firm who is integrated with Allscripts, the world's largest Electronic Health Records (EHR) company. CORAnet Solutions has plans to scale its service to more than 10M subscribers in the next 18 months. We will bring CORAnet Solutions into our health and fitness partnerships offering PHR solutions to health clubs and its members. The combination of healthcare and fitness makes sense. This partnership will further separate our SMS offering.
- Continue executing a scalable plan to the premier Club Management Software (CMS) companies for conversion to our SMS solution. We now have exclusive partnerships with the top four CMS partners in the health and fitness sector. We plan on opening new verticals in Q4 and into 2017.
I'm confident we have made the necessary changes securing a long-term future free of convertible financing and a vision to grow through M&A. Our decision to purchase brand name QSRs is an exciting time in the history of Textmunication Holdings, Inc.
I'm grateful for your continued support and I look forward to our next communication.
Best Regards,
Wais Asefi
Chief Executive Officer
Textmunication, Inc.
http://www.otcmarkets.com/stock/TXHD/news
Recent KOAN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:31:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 02:38:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:15:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 04:51:05 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:03:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 10:28:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 08:22:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 11:03:56 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2023 10:05:51 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 03:08:06 PM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM