Wearable Health Solutions Inc. (OTCMKTS: WHSI) filed an 8K with the SEC on Tuesday. The filing contained multiple catalysts that could positively influence WHSI’s share valuation in the near and long term.
WHSI has filed its Form 10-12G/A as a requirement in its stated goal of uplisting to a higher exchange. The company has now completed its audited financial statements for the previous two-year period.
Wearable Health is now in the process of and is now preparing its application to uplist.
Uplisting could be a major catalyst for WHSI’s share price.
When a company uplists from the pink sheets it provides investors the peace of mind that comes with increased regulation, transparency and disclosure. This can translate to:
Lower Cost of Capital–that can in turn accelerate the company’s growth and increase margins.
Analyst Coverage– uplisting allows analysts to cover the stock and this is important because analyst coverage can lead to:
High-Net-Worth Individual Investors
Increased Liquidity and Valuation- all of the above factors can lead to increased interest in the stock on all levels, and this influx of interest can be a force multiplier.
WHSI also reported it has updated and launched several websites. These websites each serve different functions:
DTC ‘Direct-to-Consumer’ (1800medalert.com)
Investor Relations (wearablehealthsolutions.com/investor-relations)
The newly updated websites bring more to the table than might meet the eye at first glance. In addition to looking professional and more polished than previous iterations; investors, buyers, and dealers will find them much more informationally robust. Investors familiar with WHSI may be able to infer the next logical conclusion…the iHelp Max 4G launch.
The launch would be another catalyst for share valuation.
For the fiscal year ending June 30th, 2021, WHSI reported some 8,000 end users plus an order book of about 2,000+ potential activations, which earned the company record revenues ($1.3 million) in 2021.
Launching this new device could lead to a consecutive year of record sales.
The company has already launched a major marketing campaign on ‘Worldwide Business With kathy ireland®” show which reaches over 200+ Million households broadcast on FOX Business Network, Bloomberg International Television and video streams on all major social media platforms.
Learn more about why you need to know about WHSI: https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/
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