-
Macron backs ripping up vines as French wine sales dive
-
Olympic freeski star Eileen Gu 'carrying weight of two countries'
-
Bank of France governor Francois Villeroy de Galhau to step down in June
-
Tokyo stocks strike record high after Japanese premier wins vote
-
'I need to improve', says Haaland after barren spell
-
Italian suspect questioned over Sarajevo 'weekend snipers' killings: reports
-
Von Allmen at the double as Nef seals Olympic team combined gold
-
Newlyweds, but rivals, as Olympic duo pursue skeleton dreams
-
Carrick sees 'a lot more to do' to earn Man Utd job
-
Olympic star Chloe Kim calls for 'compassion' after Trump attack on US teammate
-
US vice president visits Armenia, Azerbaijan to 'advance' peace
-
'All the pressure' on Pakistan as USA out to inflict another T20 shock
-
Starmer vows to remain as UK PM amid Epstein fallout
-
Gremaud ends Gu's Olympic treble bid with freeski slopestyle gold
-
Howe would 'step aside' if right for Newcastle
-
Sakamoto wants 'no regrets' as gold beckons in Olympic finale
-
What next for Vonn after painful end of Olympic dream?
-
Brain training reduces dementia risk by 25%, study finds
-
Gremaud ends Gu's hopes of Olympic treble in freeski slopestyle
-
Shiffrin and Johnson paired in Winter Olympics team combined
-
UK's Starmer scrambles to limit Epstein fallout as aides quit
-
US skater Malinin 'full of confidence' after first Olympic gold
-
Sydney police pepper spray protesters during rallies against Israeli president's visit
-
Tokyo stocks hit record high after Japanese premier wins vote
-
Israel says killed four militants exiting Gaza tunnel
-
Franzoni sets pace in Olympic team combined
-
Captain's injury agony mars 'emotional' Italy debut at T20 World Cup
-
Family matters: Thaksin's party down, maybe not out
-
African players in Europe: Ouattara fires another winner for Bees
-
Pressure grows on UK's Starmer over Epstein fallout
-
Music world mourns Ghana's Ebo Taylor, founding father of highlife
-
HK mogul's ex-workers 'broke down in tears' as they watched sentencing
-
JD Vance set for Armenia, Azerbaijan trip
-
Sydney police deploy pepper spray as Israeli president's visit sparks protests
-
EU warns Meta it must open up WhatsApp to rival AI chatbots
-
Scotland spoil Italy's T20 World Cup debut with big win
-
Stocks track Wall St rally as Tokyo hits record on Takaichi win
-
Israeli president says 'we will overcome evil' at Bondi Beach
-
Munsey leads Scotland to 207-4 against Italy at T20 World Cup
-
Venezuela's Machado says ally 'kidnapped' after his release
-
Japan restarts world's biggest nuclear plant again
-
Bangladesh poll rivals rally on final day of campaign
-
Third impeachment case filed against Philippine VP Duterte
-
Wallaby winger Nawaqanitawase heads to Japan
-
Thailand's Anutin rides wave of nationalism to election victory
-
Venezuela's Machado says ally kidnapped by armed men after his release
-
Maye longs for do-over as record Super Bowl bid ends in misery
-
Seahawks' Walker rushes to Super Bowl MVP honors
-
Darnold basks in 'special journey' to Super Bowl glory
-
Japan's Takaichi may struggle to soothe voters and markets
Silver Scott Mines, Inc. Reports First Revenue and Profit in Years as Strategic Pivot Gains Traction
CEO Continues to Forego Salary; Company Posts $55,000 in Revenue and $14,819 Net Income for Q2 2025
FRANKLIN, NEW JERSEY / ACCESS Newswire / August 15, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a diversified technology company with operations spanning healthtech, blockchain, and fintech, today announced financial results for the quarter ended June 30, 2025 - marking its first period in years with both revenue and net income.
For the second quarter of 2025, the Company generated $55,000 in revenue and reported net income of $14,819, compared to no revenue and a net loss of $17,616 in the same quarter of 2024. These results reflect early returns from the Company's strategic expansion into revenue-producing businesses, including the May 2025 acquisition of AffordableTelehealthplan.com and the continued rollout of digital development services.
Importantly, Silver Scott Mines' CEO continues to take no salary, allowing the Company to reinvest more capital into product development, marketing, and growth initiatives.
"This quarter's results are a turning point," said Stuart Fine, CEO of Silver Scott Mines. "We are proving that our pivot into real-world asset tokenization, software development services, blockchain-based trust solutions, and accessible healthcare platforms can translate into tangible shareholder value. By forgoing my own compensation, we've ensured every available resource is dedicated to accelerating that momentum."
Q2 2025 Operational Highlights (May-June)
Setup a 24/7 "Talk to a Nurse" service that will be available on the redesigned AffordableTelehealthplan.com planned relaunch in September
Introduced personalized supplement recommendations and announced plans to offer patented light therapy devices through Silver Scott Health.
Beta launched TrustNFT.io and Weed.TrustNFT.io, blockchain authentication platforms for secure data and product verification.
Accelerated development of RWADirect.io, the Company's real-world asset tokenization platform, in response to growing institutional interest.
Secured up to $135,000 in development contracts through Silver Scott Digital.
Added real estate finance expert Elysia Stobbe to the Company's advisory board.
Beta launched YourCryptoETF.com to expand access to crypto ETF investing.
Financial Position
As of June 30, 2025, total assets stood at $508,909, up from $456,357 a year earlier, with equity increasing to $376,257 from $362,621.
Silver Scott Mines, Inc. (OTC Pink:SILS) is a diversified technology and software development company with interests in digital asset infrastructure, tokenized natural resources, fintech innovation and healthtech solutions. Through strategic development and acquisitions, the Company aims to build shareholder value across traditional and emerging sectors. Learn more about our ETF platform: https://www.YourCryptoETF.com
Learn more about our seedless crypto wallet: https://www.seedlesswallet.com
Learn more about our Token Launching soon: https://www.silverscotttoken.com
Trade Crypto here on our exchange: https://www.silverscottexchange.com
Checkout our MEME Coin Battle: www.rivalmemecoins.com
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines are based on current expectations that are subject to risks and uncertainties.
CONTACT:
Stuart Fine
CEO
Silver Scott Mines, Inc
908-356-9852
SOURCE: Silver Scott Mines, Inc.
View the original press release on ACCESS Newswire
T.Perez--AT