Here To Serve Holding Corp., Updates Shareholders On Acquisition Status and Form 10 Registration Statement


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PK:HTSC
12/11/2013 [ACCESSWIRE]

ATLANTA, GA / December 11, 2013 / ACCESSWIRE / Here To Serve Holding Corp., (OTC Markets: HTSC), a holding company developing a division in the waste management and environmental services industry and currently a software development company, today announced that it will file its Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to register HTSC's shares of common stock. The filing will proceed with two steps.  First, HTSC will post the Form 10 on the OTC Markets website today, followed by a filing with the SEC, once the final preparations, in accordance with the SEC requirements are complete.

Jeffrey Cosman, CEO of Here To Serve Holding Corp., stated, “Lets be very clear, the reported financials are representative of a distressed entity, prior to me taking over.  However, the steps taken to complete the two year audit and file the Form 10 should represent a significant commitment to our existing and future shareholders, we are doing the right things to grow the investment they have made in our company, HTSC.  Venturing into new markets through acquisitions will only accentuate our desire to be a growth oriented profitable entity, which is fully reporting.”

UPDATES TO SOFTWARE PRODUCTS:

HTSC is confident we will have a working demo of the cConnects application for a few of our interested Fortune 500 companies available by the end of the year; followed by a more robust platform in early 2014.

HTSC also believes it is very close to finalizing the Interactive Defense Systems platform and seeks to start 2014 with its first sale of the law enforcement SaaS platform.

UPDATE TO OUR ENVIRONMENTAL SERVICES DIVISION:

HTSC is finalizing the due diligence, negotiating the Definitive Agreement and readying itself to integrate its first solid waste acquisition.  HTSC remains confident it will close this acquisition in early 2014 barring any unusual holiday related delays.  Once the Definitive Agreement is final, HTSC will provide more details regarding the acquisition.

Finally, HTSC is accomplishing the tasks needed to build shareholder value.  On September 5th, 2013, Jeff Cosman took over a troubled penny stock worth less than a penny.  Today, a little over 3 months later, HTSC is giving shareholders a glimpse of the future by posting its 2 year audited financials, finalizing a Form 10 registration statement to file with the SEC, completing due diligence on a significant revenue and cash-flow generating business, preparing the launch of two software platforms at the beginning of 2014 and filling the pipeline with other potential solid waste acquisition candidates.  HTSC is confident of the steps it is taking to not only communicate to the shareholders when it can, but also build additional market interest from new shareholders.

On April 2, 2013, the U.S. Securities and Exchange Commission issued guidance permitting companies to use social media sites including Facebook Inc. (FB) and Twitter Inc. to communicate company announcements   HTSC encourages the investment community to follow all HTSC developments as it starts its practice of releasing news and other financial and product updates on its Facebook page at https://www.facebook.com/pages/Here-To-Serve-Holding-Corp/476655635785601?fref=ts as well as its Twitter feed at https://twitter.com/htshc.

 

ABOUT HERE TO SERVE HOLDING CORP.

Here To Serve is a holding company building a division in the solid waste industry, as well as, an existing Software as a Service (SaaS) developer whose platforms create mobile and cloud based applications for industries ranging from law enforcement and municipalities.  Here To Serve Holding Corps’ products include: Interactive Defense System TM, for law enforcement and other municipal departments and cConnectsTM, for efficient communication and fleet/asset management using mobile and web based portals.

Follow us on Twitter: http://twitter.com/htshc

 

Forward-Looking Statements

Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.

 

Contact:
Jeff Cosman
(678) 871-7457
ir@htsc.com

 

Source: Here To Serve Holding Corp.

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