Mitesco Inc. (MITI)

[MoneyTrees]

folks.. this is just from 1 ACQUISITION >>>> The transaction is currently slated to be an acquisition using a combination of stock and cash, generally believed to be valued at around $3 million. It is expected to close in October, subject to audit, analysis, financing and the final approval of both of the companies’ Boards of Directors. While it is an early stage company, management believes that it should be accretive in 2019, with annualized revenue run rate forecasted in the $3-5 million range for the next 18 months, and longer-term prospects in the $18-20M annualized revenue rate, assuming certain market conditions expansion into additional suitable disciplines, along with other conditions. Mr. Malloy is expected to join the senior management team at True Nature where he will be responsible for strategy, including the specification of products and services, as well as identifying key acquisitions as the Company seeks to continue to expand its healthcare technology offerings.