Company Overview and Operations Summary

Company Name:

• Yuengling’s Ice Cream Corporation (OTC: YCRM, pending FINRA approval for name and symbol change)

Business Focus:

• Transitioning into a diversified technology holding company, inspired by Berkshire Hathaway and Alphabet.
• Building a portfolio of high-growth, synergistic subsidiaries in technology sectors such as cybersecurity, AI, and blockchain.

Key Operating Subsidiary:

ReachOut

• Founded in 2010 by cybersecurity expert Rick Jordan.
• Evolved from a regional IT services provider into a national leader in cybersecurity solutions for small to medium-sized businesses (SMBs).
• Provides comprehensive cybersecurity and IT management services, including:
  • 24/7 threat monitoring
  • Compliance support (HIPAA, CMMC, NIST 800-171, etc.)
  • AI-driven automation support
  • Managed IT support and network security
• Delivery model is subscription-based, ensuring predictable recurring revenues.
• Emphasizes rapid response times (client calls answered within 60 seconds; most issues resolved in under 15 minutes).
• Uses AI to automate support tasks and reduce labor costs, enabling scalable support for acquisitions.

Market Position:

• Targets underserved SMB market, aiming to emulate customer-centric brands like T-Mobile.
• Competes on service depth, response speed, AI scalability, and media presence.
• Seeks to become the "T-Mobile of Cybersecurity & IT" for SMBs.
• Operates in a highly fragmented industry with thousands of regional MSPs; currently building a national brand with enterprise-grade offerings.

Future Strategy:

• Expanding through high-velocity roll-ups of smaller, nimble SMB-focused IT firms, aiming for 4-10 acquisitions annually.
• Developing disruptive platforms such as TRUSTLESS, a blockchain-based identity management platform.
• Using AI-first operations to scale margins and reduce overhead.
• Leveraging founder Rick Jordan's personal brand to generate inbound demand via media and search strategies.
• Targeting high-growth, regulation-heavy sectors (education, healthcare, defense) for industry-specific offerings.

Significant Metrics:

• Revenue:
  • FY2024: approximately $4,811,040
  • FY2023: approximately $3,775,142
• Number of Employees:
  • About 20 full-time and part-time employees, including officers and directors.
• Net Income (2024):
  • Profit of approximately $4,395,134
• Net Loss (2023):
  • Approximately $22,906,015

Revenue Composition:

• 62% of revenue from IND (New Jersey and Illinois) operations.
• 38% from RedGear (Texas and Arizona) operations, primarily servicing municipal and regional clients.

Business Model and Revenue Streams:

• Subscription-based cybersecurity and IT services.
• Recurring revenues from long-term service contracts.
• Planned investments into high-growth tech ventures such as TRUSTLESS.
• Growth fueled by media presence, intent-driven search, and direct marketing.

Other Notes:

• The company aims to uplist to NASDAQ.
• Significant emphasis on acquisitions, leveraging proprietary AI and automation technology.
• Operating in a competitive, fast-evolving industry with considerable focus on innovation and brand recognition.