Neon Bloom Shifts Focus to Financial Services Sector with Acquisition of Advanced Executive Sales
Neon Bloom, Inc. (OTC PINK: NBCO) has announced a strategic shift in its business direction, divesting itself of its subsidiary, Bazelet(TM) Health Systems Inc., and entering the financial services sector. This move comes after the acquisition of Advanced Executive Sales, LLC (AES), a leading provider of e-commerce and point-of-sale transaction solutions.
With the acquisition of AES, Neon Bloom has added an additional director, Mr. Anthony Bianchi Esq., who will join Mr. Fred Luke and Mr. Greg Bauer, the company’s new CEO, on the board of directors. Mr. Bianchi, a practicing lawyer, will serve as an independent director and bring valuable expertise to the company.
Neon Bloom’s decision to shift away from the HealthTech sector and focus on financial services is driven by the company’s belief in the transformative power of digital advancement and increased financial technology fueling e-commerce. The company sees this as an opportunity to capture a significant portion of the global financial and digital payment processing market.
Neon Bloom aims to leverage its acquisition of AES and grow its revenue and net asset value through organic growth and additional acquisitions. The company plans to utilize shares of its common stock, non-convertible promissory performance-based notes, and available cash to support its growth strategy.
Advanced Executive Sales, with its payment processing platform, is a certified partner with YNLO Ultratech and Payshield. The company currently has over 100 e-commerce sites under contract and plans to expand by acquiring other financial service firms with complementary payment processing technology.
In the first quarter of 2024, AES reported gross revenue of $5,521,430 and a net profit of $395,408. The company expects to generate gross revenue in excess of $10,000,000 for the second quarter ending June 30, 2024.
Neon Bloom, Inc. is a diversified enterprise group focused on developing new life-science technologies, technologically improved financial services, and other emerging businesses with high growth potential. With the acquisition of AES, the company is projected to achieve annual revenues of over $25,000,000 in 2024.
The company acknowledges the risks and uncertainties associated with its forward-looking statements. While Neon Bloom believes its expectations are reasonable, it cannot guarantee future results, activity levels, performance, or achievements. The company remains committed to providing updates on its progress and developments.
For more information, please contact:
Name: Shareholder Relations
Email: admin@advancedexecutivesales.com
Phone: 1 888-411-5350