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17 May 2024

Readen Holding Corporation (OTC Pink: RHCO) Announces Filing of March 31, 2024 Financial Statements with OTC Markets

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READEN HOLDING CORPORATION (OTC PINK: RHCO), a leading Venture Capital Corporation active in the Fintech, Online Payment, and E-commerce sectors, announced today the submission of its financial statements for the quarters ending March 2024 to the OTC Markets Disclosure & News Service.

RHCO reported solid financial performance for the quarter ended March 2024, with a revenue increase of 37.8% compared to the quarter ended December 2023. Additionally, the Company achieved a net profit of $837,741 for this period.

This quarter's financial performance highlights the continued success and market acceptance of Readies, the cutting-edge payment solution developed by RHCO’s subsidiary, Finexeble S.R.O. Readies has been revolutionizing the payment industry since its launch in late 2021 by offering secure, efficient, and user-friendly services to both merchants and customers. With the recent rollout of blockchain-enabled features in Q4 2023, Readies now offers unparalleled security and advanced functionalities. The platform’s robust performance and innovative technology have set the stage for substantial growth in 2024, with expectations of generating significant monthly revenues and maintaining healthy profit margins.

Harry Westbroek, CEO of RHCO, commented, “We are thrilled with our Q1 2024 results, showcasing our company's resilience and growth trajectory. Our commitment to innovation, particularly through Readies, has been a cornerstone of our success. The integration of blockchain technology has been a game-changer, enhancing security and providing our users with even more reliable and efficient payment solutions. Looking ahead, we have numerous exciting initiatives in the pipeline aimed at further expanding our market presence and driving sustainable growth. Our team is dedicated to maintaining this momentum and delivering exceptional value to our shareholders. We appreciate the continued support and patience of our shareholders and are confident that 2024 will be a transformative year for RHCO.”

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