CHICAGO, IL -- February 18, 2025 -- InvestorsHub NewsWire --
Yuengling's Ice Cream Corporation (OTCMKTS:YCRM)
ReachOut Technology
("ReachOut"), wholly owned subsidiary of Yuengling's
Ice Cream Corporation (OTC: YCRM), today is marking several
transformative milestones with the release of a comprehensive
shareholder letter from Founder and CEO Rick Jordan.
**TO OUR SHAREHOLDERS**
ReachOut Technology marks its return to active trading with
significant developments in blockchain security, service delivery
transformation, and growth plans and expansion in 2025. Let's
go!
**AUDIT COMPLETION & MARKET STATUS**
ReachOut Technology has successfully returned to active trading,
following a rigorous nine-month process completing comprehensive
audits spanning multiple entities and years of operation. This
extensive effort encompassed five separate full audits - including
the original YCRM vehicle, ReachOut's historical financials (2
years), and two revenue-generating acquisitions (2 years each) -
culminating in a consolidated transition period audit (10-KT) and
three completed 10-Q filings for 2024.
Trading View picked up the filing and said ... "Gross profit
stood at $783,578 for the three months ended September 30, 2024,
and $2,758,990 for the nine months ended September 30, 2024,
indicating improved cost management and efficiency."
"The temporary delisting was excruciating, but it forged
something extraordinary," stated Rick Jordan, CEO of ReachOut
Technology. "This horrendous process, while time-consuming, has
established a rock-solid foundation for our future growth. The
resilience demonstrated speaks volumes about what's coming
next."
**NAME CHANGE & CORPORATE IDENTITY
TRANSFORMATION**
The company's FINRA application for name and symbol change has
been re-submitted, finalizing the reverse merger with Yuenglings
and corporate restructuring. While the regulatory review typically
requires 60 days to several months, ReachOut is already actively
engaging to expedite the process.
"This isn't just paperwork," Jordan emphasized. "This is who we
are. This is what we've built. ReachOut Technology is about to take
its rightful place in the market."
**2025 GROWTH INITIATIVES**
ReachOut Technology's growth strategy centers on three
measurable objectives: expansion of its established managed
services business, execution of identified acquisition targets, and
penetration of specific market verticals. Organic revenue growth
and acquisitions are paramount, and ReachOut is also building
something brand new in blockchain security.
"Let me be crystal clear about our growth strategy," Jordan
stated. "We're going ALL IN. Our pipeline is stacking, and we're
just getting started."
**TRUSTLESS**
ReachOut Technology is announcing it is securing a substantial
stake in TRUSTLESS, a blockchain security disruptor. Jordan will
serve as CEO of both organizations, creating powerful strategic
alignment. This equity position strategically positions ReachOut to
capitalize on TRUSTLESS' growth trajectory and future liquidity
events.
This strategic position extends far beyond conventional
blockchain applications, targeting how organizations handle
sensitive credentials and digital identity, addressing the massive
security vulnerabilities that plague traditional password and
authentication systems. This strategic stake positions ReachOut
shareholders to benefit from TRUSTLESS's innovation in the $1.4+
trillion enterprise security market, where credential breaches
remain the primary attack vector for major corporate compromise,
and government like the recent US Treasury hack.
"This isn't just another blockchain company," Jordan explained.
"TRUSTLESS represents a complete reimagining of how handling
digital identity and sensitive data is approached. Through
leadership of both organizations, we've created perfect strategic
alignment. Perfect positioning. Perfect timing."
Jordan
recently appeared on David Meltzer's global podcast "The
Playbook" to discuss TRUSTLESS.
**ARTIFICIAL INTELLIGENCE INITIATIVES**
ReachOut Technology announces strategic partnership with Neo AI
focusing on a groundbreaking initiative... development of the
industry's first fully autonomous Level 1 Technician. This
revolutionary approach to service delivery automation has shown
incredible potential in the MSP space achieving 35% faster ticket
resolution times and dramatic cost reductions at scale. This
initiative breaks the traditional MSP growth model by enabling
exponential scaling without proportional overhead increases as
ReachOut continues both organic and acquisition strategies.
"While others talk about AI, and MSPs are scared of it, we're
deploying it," Jordan emphasized. "This enables us to scale
massively without the traditional overhead that kills most MSP
margins. While other providers remain stuck adding technicians with
every new client, we're shattering that model completely."
**VISIBILITY & THOUGHT LEADERSHIP**
ReachOut continues establishing market presence through
strategic industry engagements. Jordan recently presented
enterprise blockchain security solutions at CES's Web3 stage and
will keynote alongside David Meltzer at Cre8tive Con in Chicago,
addressing practical AI implementation and monetization strategies
for 2025.
Kevin Harrington, the original shark from ABC's Shark Tank,
continues on the board of directors and close advisory. "Everything
that Rick's told me would happen, has happened... He knows how to
scale," Harrington said.
**MORE TO COME**
With audits completed, strategic initiatives producing
measurable results, and clear growth objectives established,
ReachOut Technology demonstrates tangible progress toward market
leadership in 2025.
"To those who stuck with us through the audit process...THANK
YOU. Your patience is about to be rewarded," Jordan concluded.
"We're not just planning for growth... we're executing on it. Right
now."
@mrrickjordan on X
@mrrickjordan on
Instagram
@reachoutit on X
For media, TV appearance and Investor Relations Contact:
Email: pr@reachoutit.com
Phone: 312-288-8008
Information about Forward-Looking Statements
This press release contains “forward-looking statements” that
include statements regarding expected financial performance and
growth information relating to future events. Forward-looking
statements include statements with respect to beliefs, plans,
objectives, goals, expectations, anticipations, assumptions,
estimates, intentions, and future performance, and involve known
and unknown risks, uncertainties and other factors, which may be
beyond the control of the Company and its officers and managers,
and which may cause actual results, performance or achievements to
be materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results and will not necessarily
be accurate indications of the times at, or by which, that
performance or those results will be achieved. Forward-looking
statements are based on information available at the time they are
made and/or management’s good faith belief as of that time with
respect to future events and are subject to risks and uncertainties
that could cause actual performance or results to differ materially
from those expressed in, or suggested by, the forward-looking
statements. Important factors that could cause these differences
include, but are not limited to; inability to gain or maintain
licenses, reliance on unaudited statements, the Company’s need for
additional funding, governmental regulation of the cybersecurity
industry, the impact of competitive products and pricing, the
demand for the Company’s products, and other risks that are
detailed from time-to-time in the Company’s filings with the United
States Securities and Exchange Commission. All statements other
than statements of historical fact are statements that could be
forward-looking statements. You can typically identify these
forward-looking statements through use of words such as “may,”
“will,” “can” “anticipate,” “assume,” “should,” “indicate,”
“would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,”
“continue,” “plan,” “point to,” “project,” “predict,” “could,”
“intend,” “target,” “potential,” and other similar words and
expressions of the future. The Company expresses its expectations,
beliefs and projections in good faith and believes that its
expectations reflected in these forward-looking statements are
based on reasonable assumptions. However, there is no assurance
that these expectations, beliefs and projections will prove to have
been correct. Such statements reflect the current views of the
Company’s with respect to its operations and future events, and are
subject to certain risks, uncertainties and assumptions relating to
its proposed operations, including the risk factors set forth
herein. Should one or more of these risks or uncertainties
materialize or should the underlying assumptions prove incorrect,
the Company’s actual results may vary significantly from those
intended, anticipated, believed, estimated, expected or planned. In
light of these risks, uncertainties and assumptions, any favorable
forward-looking events discussed herein might not be realized and
occur. The Company undertakes no obligation to publicly update or
revise its forward-looking statements, whether as a result of new
information, future events or otherwise. For a more detailed
description of the risk factors and uncertainties affecting the
Company, please refer to the Company’s recent Securities and
Exchange Commission filings, which are available
at www.sec.gov.
Yuenglings Ice Cream (PK) (USOTC:YCRM)
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