ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, announced that its board of directors has approved the company’s proposed share buyback program. The program has initially been established at $250,000, but the company noted it could be increased in the future. The board approved immediate activation of the program. The program comes following the company’s focus on strengthening its balance sheet through nontoxic fundraising and cash flows from operations. In the announcement, the company observed that it believe ISWH equity is undervalued relative to growth potential given recent investments in cryptocurrency mining capacity and telehealth operations. “We have substantial cash reserves, strong growth expectations, and expanding productive resources targeting rapidly growing end markets, as well as an absolute commitment to delivering shareholder value over the long term,” said ISW Holdings president and chair Alonzo Pierce in the press release. “We feel our shares no longer properly reflect the prepotency and growth potential inherent in our investments and market positioning. Our commitment is to the utilization of available resources toward the maximization of shareholder value within the purview of the company’s mission. At this point, that implies the deployment of some portion of cash reserves toward the repurchasing of ISWH shares.”
To view the full press release, visit https://ibn.fm/BH6HF
About ISW Holdings Inc.
ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development, early growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space, and the partnership has a vitally needed patent now pending. For more information about the company, please visit www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH
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