Here To Serve Holding Corp (OTCMKTS:HTSC) has a portfolio of mineral properties as well as equity securities. The company’s subsidiary Fortune Nickel and Gold Inc has 182 mining cells in Timmins mining camp in Ontario, Canada, a highly prospective one for battery-grade nickel along with copper and gold
Trading Data
On Wednesday, HTSC stock gained 6.15% to $0.0380 with more than 217K shares traded, compared to a volume of 80K shares. The stock moved within a range of $0.0300 – 0.0380 after opening trading at $0.0358.
Here To Serve Holding Corp. Acquires 20,000,000 Additional Shares of Tamino Minerals Inc.
Here To Serve Holding Corp on July 27, 2022, announced that the wholly owned subsidiary ICF Industries Inc has done the acquisition of a substantial block of Tamino Minerals Inc. shares in return for consulting and marketing services.
Tamino Minerals, a junior mining and exploration firm having interests in gold and copper projects in Sonora, Mexico, the firm even has exposure to Peruvian claims. These claims have significant lithium and high-grade copper mineralization. The asset is akin to mineral rights held by Fortune Nickel and Gold Inc, which is another subsidiary.
Tamino’s 20 million extra shares of common stock make the overall holding to sixty-five million shares. Here to Serve Holdings Corp finds TINO fit its business model of taking undervalued assets. ICF Industries Inc has given financial reporting and consulting services to TINO and aims to give the same set of services in the coming year.
It will advise TINO with financial and marketing issues and would be
The Company will advise TINO with marketing and financial reporting issues and will also help in finishing audited financial statements on the engagement of TINO with PCAOB registered audit firm. Furthermore, TINO is exploring lithium and copper, vital electric vehicle battery metals, which align with the firm’s EV program for mining nickel sulfide.
Here To Serve Holding Corp. Sells Portion of Its Hemp Farming Project for $500,000
Here To Serve Holding Corp on July 13, 2022, announced the sale of farming rights under the Iowa hemp license of ICF Industries Inc, to Agri-Dynamics, an Iowa-based company, for a fee of $500,000.
The agreement needed $500,000 in equity securities of Agri-Dynamics Inc, which the firm has got, and calls for the company to be paid 45% of the hemp profits during the entire term of the agreement, which ends on December 31, 2027.
The Company’s CEO, Paul Riss said that the firm is looking to acquire and manage undervalued assets without much fixed overhead costs. Riss added that the company has sold a part of the hemp project, for some time, to a firm with expertise. He added that the company can build a joint hemp project without the need to spend cash.
Furthermore, Riss opined that the company has included its affiliate, KRTL International Corp, now known as QUEENCH, Inc. The CEO has stated that KRTL has expertise in psilocybin and hemp and would earn 10% of profits in addition to $160,000 in equity securities.
Technical Data
HTSC stock is trading below the 20-Day and 50-Day Moving averages of $0.0533 and $0.0523 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0641. The company has a total market capitalization of $1.94 million. The stock is down 15% over the past month.
