Readen Holding Corp.
New York OTC

Investor Relations

>18 M $
Market capitalization
>67
Years experience
63.3%
Return on sales
+492%
Gross earnings (Q1/2021)
47.61%
Equity ratio
4
Continents represented
1,606,513 $
Sales (Q1/2021)

Key Figures

31.12.2020
31.03.2021
Factor
Stockholders Equity
62,218
15,171,326
244
Total Assets
1,208,441
31,863,956
26

31.12.2020

31.03.2021

31.12.2020
31.03.2021
Equity
62,218
15,171,326
Liabilities
1,146,223
16,692,631
Total capital
1,208,441
31,863,956
31.12.2020
31.03.2021
Equity ratio
5.15%
47.61%
Debt ratio
94.85%
52.39%

31.12.2020

31.03.2021

31.12.2020
31.03.2021
Factor
Accounts receivable
245,113
14,789,017
60
Interests receivable
0
1,453,879
Investments available for Sale
149,989
4,941,381
33

31.12.2020

31.03.2021

31.12.2020
31.03.2021
Revenue
596,473
1,606,513
Gross Profit
224,811
1,106,269
Income from Operations
-173,122
179,226
Total Other Income
-24,912
837,456
Net Income
-198,024
1,016,681
31.03.2021
Return on Equity
6.70%
Total Return on Investment
3.19%
Return on Sales
63.28%
Number of common shares
324,276,074
Par value per share
0.0437
Total face value
14,175,467
Share price (01.06.2021)
0.0580
Market capitalization (01.06.2021)
18,808,012
Price-Profit Ratio
18.50
Price-to-Book Ratio
1.33

NEWS

06/2021 RHCO ANNOUNCES LAUNCH OF THEIR REVOLUTIONARY “OKEAPP” Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that its wholly owned subsidiary, Oke Partners, has launched its State-Of-The-Art, OKEAPP www.okepartners.com . The Company believes that its OKEAPP will be a market-leading referral app and an industry Game Changer. The advantages of OKEAPP are its breadth and uniqueness, with enormous benefits to all participants.
05/2011 RHCO ANNOUNCES AMENDED FILING OF MARCH 31, 2021 FINANCIAL STATEMENTS WITH OTC MARKETS, REVENUES UP OVER 150%, OTC PINK CURRENT IMMINENT Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has filed amended financial statements for the quarter ending March 31, 2021 with OTC Markets Disclosure & News Service and expects to be OTC Pink Current this week. RHCOs revenues increased over 150% compared to the same period last year. The amended filings also include the recently completed share buyback program, in which RHCO has repurchased 29,200,000 shares of its Common Stock. The Companys filings also state several major acquisitions and product launches, including the acquisition of OkePay New Zealand, the launch of its proprietary e-Voucher READIES, the acquisition of French real estate company Quentin Societe, with prime real estate alongside the historic Rhone River and the acquisition of shares in Tianrong Medical Group, Inc. (OTC: TNMD).
05/2021 RHCO ANNOUNCES FILING OF MARCH 31, 2021 FINANCIAL STATEMENTS WITH OTC MARKETS, REVENUES UP OVER 150% Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has filed its financial statements for the quarter ending March 31, 2021 with OTC Markets Disclosure & News Service. These filings include the recently completed share buyback program, in which RHCO has repurchased 29,200,000 shares of its Common Stock. The Companys filings also state several major acquisitions and product launches, including the acquisition of OkePay New Zealand, the launch of its proprietary e-Voucher READIES, the acquisition of French real estate company Quentin Societe, with prime real estate alongside the historic Rhone River and the acquisition of shares in Tianrong Medical Group, Inc. (OTC: TNMD).
03/2021 RHCO ANNOUNCES RELOCATION OF CORPORATE HEADQUARTERS TO HONG KONG Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has relocated its corporate headquarters to the world-renowned Asian business hub, Tseun Wan, Hong Kong. The move was done in-order to consolidate RHCOs business in a spanking new 13,000 Sq. Ft. facility in Kings Palace Plaza. The Company also has an option for an additional 7,000 Sq. Ft. The new facility will support RHCO's anticipated future growth and provide greater capacity for Fintech product development activities. The headquarters will house the Company's corporate, development, Asian marketing and administrative staff.
03/2021 RHCO ANNOUNCES LAUNCH OF VIRTUAL PAYMENT SOLUTION (VPOS) ON ITS OKEPAY PAYMENT GATEWAY Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has officially launched its revolutionary and eagerly awaited Virtual Payment Solution (VPOS) on its Okepay Payment Gateway. Users can now pay and receive credit card payments on their cellular phone, even on the go and can do so,
03/2021 RHCO ANNOUNCES $3.3 MILLION EQUITY ACQUISITION Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that the Company has signed a definitive agreement to acquire $3.3 million of common stock in a U.S public company, yet to be named. RHCO will receive 2,262,455 shares of restricted common stock, which closed on Friday at $1.49 per share. Additional terms of the deal were not disclosed.
03/2021 RHCO ANNOUNCES BOARD APPROVAL OF SHARE BUYBACK PROGRAM Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that its Board of Directors has approved the Companys share buyback program. The goal of the share buyback program is to significantly reduce the total outstanding shares of common stock of RHCO. Under the buyback program, the Company is authorized to repurchase shares through open market purchases, privately-negotiated transactions, block purchases, fixed price tender offers, or otherwise, in accordance with applicable federal securities laws. The Company intends to pay for share repurchases using a variety of methods, including cash, preferred shares, shares in subsidiaries, debt and with other resources at its disposal. RHCOs management categorically states that no convertible or toxic debt will ever be used to fund its share buyback program.
03/2021 RHCO ANNOUNCES ACQUISITION OF PRIME FRANCE REAL ESTATE FOR MAJOR RESIDENTIAL DEVELOMENT Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that it has acquired 84 acres of prime real estate alongside the historic Rhone River in France. The Company plans to develop 690 houses, villas and apartments for sale and lease. The Rhone River one of the most significant waterways of Europe and is the only major river flowing directly to the Mediterranean Sea. The purchase price for the property was 15 million shares of RHCOs preferred stock, valued at $2,250,000.
02/2021 RHCO ANNOUNCES LETTER OF INTENT (LOI) FOR THE PURCHASE OF OKEPAY NEW ZEALANDRHCO ANNOUNCES LETTER OF INTENT (LOI) FOR THE PURCHASE OF OKEPAY NEW ZEALAND Readen Holding Corp. (OTC: RHCO), RHCO announced today, as they enter the US$ 4.7 trillion (2020 estimates) payments market and on the strength of a European PSP License, that they have signed a Letter of Intent (LOI) for the purchase of OkePay New Zealand and its subsidiary OkePay Asia Limited.
02/2021 RHCO ANNOUNCES ACQUISITION OF RENOWNED DUTCH MEDIA COMPANY Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced that it has completed its takeover of acclaimed Dutch media company, Hitting Media B.V. in an all-stock transaction. The Company had held a 30% stake in Hitting Media since 2017 and has now acquired the remaining 70%. RHCO plans to change the name to Okey Media in the near future. Hitting Media, with its target marketing technology, is able to pinpoint potential customers and provide personalized advertisements in order to achieve higher conversion rates than competing service providers. RHCO believes delivering effective target marketing is most valuable for the introduction of new and existing brands in reaching their potential customers. These campaigns are delivered using the low cost-per-mile technology.
02/2021 RHCO ANNOUNCES NEW CEO AND BOARD APPOINTMENTS Readen Holding Corp. (OTC: RHCO), a diversified holding company, today announced the appointment of Richard Klitsie as CEO of the Company effectively immediately. Mr. Klitsie is a business development and operations specialist and brings over 25 years of experience to RHCO and is the right person to lead the Company forward into the future. As the new CEO, Mr. Klitsie will oversee RHCOs growth and restructuring strategy.

HISTORY

Our investments - Global

Our investments - Global

MANAGEMENT

RICHARD KLITSIE CEO
IGGY MATHEEUWSEN CTO
JAY JAGESAR COO (Europe)
SPENCER LI Chairman of the advisory board
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