Las Vegas, Nevada--(Newsfile Corp. - February 16, 2022) - IFAN FINANCIAL Inc. (OTC Pink: IFAN), CEO Larry Williams issued a Special Letter to Shareholders summarizing its recent accomplishments and, outlined the bright future the Company believes is on the horizon. The text of the letter follows:
"Dear Fellow Shareholder, since our acquisition of IFAN September 2021, we have had major successes and a few challenges. As a CEO, I have found it best to share a full picture with investors and shareholders. We experienced several challenges navigating thru OTC markets to establish our account. It took some time to get the needed court order conveying custodianship, which delayed our ability to update and inform our shareholders and stakeholders. We have successfully completed the aforementioned processes and are shifting our focus to OTC PINK compliance and our new business model."
We have identified two major revenue opportunities and internal priorities for IFAN Financial, Inc. moving forward:
1) Mental Health Facilities
2) Biosciences Products
3) Company Name Change to align with new industry
4) OTC PINK compliance - complete 2/16/2022
The Industry Opportunity
According to Globenewswire.com Behavioral Mental health market is valued at $90.5 Billion and is projected to be worth $132 Billion by 2027. Around the world, approximately one billion people suffer from mental disorders. About 284 people suffer from anxiety disorders.
Grandview Research Inc. estimates the Bioscience Technology industry will grow to $2.4 trillion by 2028 globally. Mental Health is the unspoken crisis of our times. The cost of this global crisis is enormous, yet psychiatric medicine today has failed to respond effectively to this problem.
IFAN believes we need to re-imagine mental health and provide a platform for lasting change to occur. There has never been a greater time of need for mental health solutions. That is why IFAN will focus on developing facilities centered on mental health. IFAN, has acquired a facility that will focus on behavioral health and biosciences in the U.S." Says, Larry Williams, CEO of IFAN Financial, Inc. (OTC Pink: IFAN)
About IFAN Financial, Inc. (OTC Pink: IFAN)IFAN Financial Inc., the new business model offers holistic solutions to mental health illnesses. IFAN is positioned to meet market growth needs for behavioral mental health therapy. Our goal of natural health and psychotherapy was accomplished with our first acquisition of a 14-acre, 380,000 square foot facility.
For more information about the Company visit:
Our OTC Markets Profile: https://www.otcmarkets.com/stock/IFAN/overview
Our website is: https://ifanvision.com
Our Twitter account is: https://twitter.com/IFAN_Financial
IFAN FINANCIAL INC FORWARD-LOOKING STATEMENTS
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE IFAN FINANCIAL, INC.
IR@ifanvision.com
Contact:
Mark Anderson
386-220-1349
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114003
