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Associated Press
14-05-2025
- Business
- Associated Press
Rick Jordan Appears on Buffalo Fireside Chats to Lay Out Strategic Vision Behind Frequency Holdings Inc. (OTC: YCRM)
CEO Rick Jordan talks strategy behind name change to Frequency Holdings, future acquisitions, and plans to build shareholder value across multiple verticals. YUENGLINGS ICE CREAM CORP (OTCMKTS:YCRM) 'We built a real company under the radar... Now the market's going to see what we've been building, and it's only the beginning.'— Rick Jordan, CEO of Frequency Holdings, Inc. CHICAGO, IL, UNITED STATES, May 14, 2025 / / -- On Sunday night, May 11th, Rick Jordan, CEO of Yuengling's Ice Cream Corp. (OTC: YCRM), appeared on Buffalo Fireside Chats to discuss the Company's recent financial performance, strategic pivot, and its name change to Frequency Holdings Inc... which was formally filed with the State of Nevada the following morning. Watch the livestream recording here Speaking to a broad audience of institutional and retail investors, Jordan walked viewers through the Company's evolution from a reverse merger in late 2023 to its transformation into a modern holding company. 'It's not just a name. It's a strategic evolution,' Jordan said. 'Frequency represents clarity, direction, and scalability. We're building a signal, not noise. A holding company that operates like Berkshire, but with the innovation stack of Alphabet.' During the interview, Jordan confirmed that the FINRA name and ticker symbol change process is still underway, but that the Company wanted to take initiative in announcing its new identity and long-term structure to the market. The broadcast covered YCRM's recent 10-K highlights... including a 145.7% increase in gross profit, a swing to $4.4 million in net income, and an 8-figure debt restructuring initiative... as well as Jordan's aggressive expansion strategy. He reaffirmed that ReachOut, the Company's flagship operating brand, will continue its acquisition strategy targeting MSPs with $500,000 to $2 million in revenue and high-scale potential. 'We're not done acquiring,' Jordan stated. 'We're just doing it smarter now. Smaller, high-velocity acquisitions that integrate fast, scale 2–5x over 24 months. It's operational discipline that builds real shareholder value.' Jordan also re-introduced investors to TRUSTLESS, an independent digital identity and credentialing venture being incubated under the new holding company model. 'TRUSTLESS was born from experience. It's built to solve a real pain point in the IT services world. Protecting access, proving identity, and giving clients ownership of their own infrastructure. And YES. It benefits YCRM directly through equity stakes and platform synergy.' 'This is the Alphabet playbook,' Jordan added. 'ReachOut is our Google. TRUSTLESS is our Waymo. And more ventures will follow. The old MSP model is dead. We're building a platform company that can expand into any high-value vertical that fits our culture and vision.' Jordan's appearance also addressed retail investor concerns around legacy convertible notes, uplisting plans, and future liquidity. 'We've taken the hits. We've restructured. Now we're in motion. We've done the work, and the next 6 to 12 months are going to reflect that. I'm still here. And I'm building something that lasts.' @mrrickjordan on X @mrrickjordan on Instagram For media, TV appearance and Investor Relations Contact: Email: [email protected] Phone: 312-288-8008 About Frequency Holdings, Inc. (OTC: YCRM) Frequency Holdings is a modern holding company focused on high-growth ventures in cybersecurity, AI, digital identity, and IT infrastructure. Through its lead operating brand, ReachOut, Frequency is building the first nationally recognized name in cybersecurity-first IT services for SMBs. Additional holdings, including TRUSTLESS, are structured to contribute long-term equity value via independent growth and strategic alignment. Forward-Looking Statements This press release contains forward-looking statements regarding future events, performance, and financial expectations. These statements are based on current beliefs and assumptions, and are subject to risks and uncertainties--many of which are beyond the Company's control--that could cause actual results to differ materially from those projected. Factors that may affect results include the Company's need for capital, changes in regulatory environments, market competition, demand for services, and other risks detailed in the Company's filings with the Securities and Exchange Commission at Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law. Public Relations Frequency Holdings Inc. email us here Visit us on social media: LinkedIn Instagram X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
18-02-2025
- Business
- Associated Press
YCRM ReachOut Technology Returns to Trading: CEO Rick Jordan Lays Out Blockchain CyberSecurity Strategy and Industry-First AI MSP Partnership In Shareholder Letter
NEWMEDIAWIRE) - 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 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: [email protected] 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
