Silver Scott Mines, Inc. Announces Acquisition of AffordableTelehealthplan.com in All-Stock Transaction
Silver Scott Mines (OTC:SILS) has announced the acquisition of AffordableTelehealthplan.com in an all-stock transaction, marking its entry into the healthcare sector. The acquisition target is a provider of low-cost telehealth prescription services and virtual consultations for custom compounded prescriptions. The deal, expected to close by May 31, 2025, represents SILS' first step towards active revenue generation and positions the company in the growing telehealth market.
The acquisition brings an established customer base and operational infrastructure to SILS. CEO Stuart Fine indicated this could be the first of several acquisitions as the company builds a portfolio of revenue-generating businesses. The all-stock nature of the transaction demonstrates confidence in the combined entity's long-term value.
Silver Scott Mines (OTC:SILS) ha annunciato l'acquisizione di AffordableTelehealthplan.com tramite una transazione esclusivamente in azioni, segnando il suo ingresso nel settore sanitario. L'azienda acquisita offre servizi di prescrizione telemedica a basso costo e consulenze virtuali per prescrizioni personalizzate. L'accordo, che si prevede sarà concluso entro il 31 maggio 2025, rappresenta il primo passo di SILS verso la generazione attiva di ricavi e posiziona la società nel mercato in crescita della telemedicina.
Questa acquisizione porta a SILS una base clienti consolidata e un'infrastruttura operativa già avviata. Il CEO Stuart Fine ha indicato che potrebbe essere la prima di una serie di acquisizioni, mentre l'azienda costruisce un portafoglio di attività generatrici di ricavi. La natura esclusivamente azionaria dell'accordo dimostra fiducia nel valore a lungo termine dell'entità combinata.
Silver Scott Mines (OTC:SILS) ha anunciado la adquisición de AffordableTelehealthplan.com mediante una transacción completamente en acciones, marcando su entrada en el sector salud. La empresa adquirida es un proveedor de servicios de telemedicina de bajo costo y consultas virtuales para recetas personalizadas. El acuerdo, que se espera cerrar antes del 31 de mayo de 2025, representa el primer paso de SILS hacia la generación activa de ingresos y posiciona a la compañía en el creciente mercado de la telemedicina.
La adquisición aporta a SILS una base de clientes establecida y una infraestructura operativa. El CEO Stuart Fine indicó que esta podría ser la primera de varias adquisiciones mientras la empresa construye un portafolio de negocios generadores de ingresos. La naturaleza completamente en acciones de la transacción demuestra confianza en el valor a largo plazo de la entidad combinada.
Silver Scott Mines (OTC:SILS)는 주식 교환 방식으로 AffordableTelehealthplan.com을 인수했다고 발표하며 헬스케어 부문에 진출했습니다. 인수 대상은 저비용 원격 진료 처방 서비스 및 맞춤 조제 처방을 위한 가상 상담을 제공하는 업체입니다. 이 거래는 2025년 5월 31일까지 완료될 예정이며, SILS가 본격적으로 수익 창출에 나서는 첫걸음이자 성장 중인 원격 진료 시장에서의 입지를 다지는 계기가 됩니다.
이번 인수로 SILS는 확립된 고객 기반과 운영 인프라를 확보하게 됩니다. CEO Stuart Fine은 회사가 수익 창출 사업 포트폴리오를 구축하는 과정에서 이번 인수가 여러 차례 인수 중 첫 번째가 될 수 있다고 밝혔습니다. 전액 주식 거래 방식은 합병된 기업의 장기적 가치에 대한 신뢰를 보여줍니다.
Silver Scott Mines (OTC:SILS) a annoncé l'acquisition de AffordableTelehealthplan.com via une transaction entièrement en actions, marquant ainsi son entrée dans le secteur de la santé. La société acquise est un fournisseur de services de téléconsultation à faible coût et de consultations virtuelles pour des prescriptions personnalisées. L'accord, dont la clôture est prévue d'ici le 31 mai 2025, représente la première étape de SILS vers une génération active de revenus et positionne l'entreprise sur le marché en croissance de la télésanté.
Cette acquisition apporte à SILS une base de clients établie ainsi qu'une infrastructure opérationnelle. Le PDG Stuart Fine a indiqué qu'il pourrait s'agir de la première d'une série d'acquisitions alors que la société construit un portefeuille d'entreprises génératrices de revenus. La nature entièrement en actions de la transaction témoigne de la confiance dans la valeur à long terme de l'entité combinée.
Silver Scott Mines (OTC:SILS) hat die Übernahme von AffordableTelehealthplan.com in einer reinen Aktientransaktion bekannt gegeben und damit den Einstieg in den Gesundheitssektor vollzogen. Das Übernahmeziel ist ein Anbieter kostengünstiger Telemedizin-Verschreibungsdienste und virtueller Beratungen für individuell hergestellte Rezepte. Der Deal, der voraussichtlich bis zum 31. Mai 2025 abgeschlossen wird, stellt SILS’ ersten Schritt zur aktiven Umsatzgenerierung dar und positioniert das Unternehmen im wachsenden Telemedizinmarkt.
Die Übernahme bringt SILS eine etablierte Kundenbasis und eine betriebliche Infrastruktur. CEO Stuart Fine deutete an, dass dies die erste von mehreren Übernahmen sein könnte, während das Unternehmen ein Portfolio umsatzgenerierender Geschäfte aufbaut. Die reine Aktientransaktion zeigt Vertrauen in den langfristigen Wert der kombinierten Einheit.
- Entry into the growing telehealth sector with immediate revenue generation potential
- Acquisition brings established customer base and operational infrastructure
- All-stock transaction preserves cash resources
- Strategic alignment between management teams
- Potential share dilution due to all-stock transaction
- No disclosed financial terms or valuation metrics
- Execution risk in entering new healthcare market
Marks Entry into the Healthcare Sector and Initiates Revenue Generation
FRANKLIN, NEW JERSEY / ACCESS Newswire / May 8, 2025 / Silver Scott Mines, Inc. (OTC Pink:SILS), an emerging technology holding company, today announced the acquisition of AffordableTelehealthplan.com, a leading provider of low-cost telehealth prescription services, in an all-stock transaction. This strategic acquisition marks SILS' first foray into the healthcare industry and the beginning of active revenue generation for the Company.
AffordableTelehealthplan.com has established a reputation for providing accessible, affordable healthcare options through virtual consultations, offering patients access to custom compounded prescriptions. The acquisition positions SILS to capitalize on the rapidly growing telehealth sector and meet increasing consumer demand for convenient, cost-effective healthcare solutions.
"This acquisition represents a transformative step for SILS," said Stuart Fine, Chief Executive Officer of Silver Scott Mines, Inc. "We are excited to enter the healthcare market with a proven business model that will contribute to our bottom line. AffordableTelehealthplan.com brings us an established customer base, operational infrastructure, and a path to long-term revenue growth."
The all-stock nature of the transaction reflects the Company's confidence in the long-term value of the combined entity and aligns both parties toward mutual growth objectives.
Alfred Farrington II, founder of AffordableTelehealthplan.com stated, "I've been working with Stuart Fine for several weeks now. His vision for the healthcare market aligns with mine."
Silver Scott Mines, Inc. has broadened its strategic vision to pursue high-potential acquisitions and develop technology in emerging sectors. The Company anticipates that this acquisition will be the first of several as it builds a diversified portfolio of revenue-generating businesses. The Company anticipates the transaction will close by May 31, 2025. Further details of the transaction and operational plans will be provided in upcoming investor communications.
About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. (OTC: SILS) is a publicly traded company focused on identifying and acquiring high-growth businesses across a range of industries. With the acquisition of AffordableTelehealthplan.com, the Company has entered the healthcare sector with the goal of expanding access to affordable medical services creating long-term shareholder value.
LinkedIn: www.linkedin.com/company/silverscott-blockchain
X: https://x.com/silverscottmine
About AffordableTelehealthplan.com
AffordableTelehealthplan.com is a provider of low-cost, prescription telehealth services. The platform offers individuals and families round-the-clock access to licensed healthcare professionals, supporting a mission of making quality healthcare more accessible and affordable for all.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.
Contact Information
Stuart Fine, CEO
stuartfine@silverscottmines.com
908-356-9852
SOURCE: Silver Scott Mines Inc
View the original press release on ACCESS Newswire
FAQ
What company did Silver Scott Mines (SILS) acquire in May 2025?
What is the structure of SILS's acquisition of AffordableTelehealthplan.com?
When is the SILS acquisition of AffordableTelehealthplan.com expected to close?
What market segment is Silver Scott Mines (SILS) entering with this acquisition?
What are the main benefits SILS gains from acquiring AffordableTelehealthplan.com?
