GregFolin

$ISWH Builds Breakout Base on Telehealth and Crypto Catalysts

Long
OTC:ISWH   None
ISWH continues to build out a bullish ascending triangle basing pattern with a bull trigger in place in the $0.50 area.

The company continues to lay down a foundation of multiple high-growth endeavors, with Telehealth and Crypto Mining both now in gear.

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ISW Holdings Inc (OTCMKTS:ISWH) is interesting for small-cap investors in search of speculative ideas.

The company is already very diversified, with active commercial interests spanning the wellness, renewable energy, home healthcare, digital colocation, spirits, and cryptocurrency mining sectors. This last point comes courtesy of its recent entrance into a promising Joint Venture partnership with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions.

That said, the company’s home healthcare division is carrying the immediate weight, where it has seen somewhat striking expansion on a sequential quarterly basis, including 2019 revenues of well over $500K. Management also noted in a recent release that these results were achieved on accelerating sequential quarterly growth, with nearly half of those revenues appearing in Q4. Sequential growth in Q3 (versus Q2) was 26%. Sequential growth in Q4 (versus Q3) was 29%.

However, according to a recent shareholder letter, the company is pursuing an interesting new angle on this recipe for success: telehealth.

On that note, ISWH’s president, Alonzo Pierce, noted in his letter to shareholders this morning that: “Our TeleCare service is one of the initiatives we are most excited about right now. This is a new technology solution we are preparing to launch as part of our Home Healthcare service. TeleCare is a revolutionary technology solution designed to provide home health patients with a simple, one-button wearable device to quickly and easily summon a visiting nurse, home health provider, or 24/7 nurse assist hotline anytime medical assistance is urgently needed. It works just like the nurse call button at the hospital. Our research suggests this will create tremendous additional value and enhance our clients’ lives by helping them to maintain the greatest possible level of independent existence while still having access to the supportive care they need.”

On the Crypto side, ISW Holdings Inc (OTCMKTS:ISWH) recently partnered up through its new joint venture with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions.

According to the release, Bit5ive is an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean. In addition, Bit5ive is the producer and distributor of POD5 and Power Skid 2.5, the most efficient and successful infrastructure for crypto mining hardware. Bit5ive is quickly becoming one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm industry.

According to the company's recent shareholder letter: “The timing of the deal looks great from a macro standpoint given signals we are seeing that point to cyclical strength in demand for crypto mining hardware and resources after the space was washed out by the bear market in coin prices in 2018. We have started to see a growing number of deals in recent weeks that point to a strong tailwind as we begin to position ISW in the thick of that market this summer. In short, we are very excited about our Bit5ive joint venture and we look forward to updating shareholders each step of the way as benchmarks are achieved and we move toward initial revenues in this arena.”

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