Mitesco Expands Growth Strategy with AI Platform Development, Acquisition Focus, and Uplisting Plans

Mitesco, Inc. has outlined an expanded growth strategy that combines organic software development with potential acquisitions and plans to transition to a senior trading exchange. The company reported progress on its Robo Agent application, an artificial intelligence-driven sales force automation platform currently featuring lead-enhancement tools for mortgage and insurance products. The platform is designed to improve sales professional productivity, with plans to expand into retirement planning and personal finance support for financial advisors.

CEO Mack Leath emphasized the company's primary goal of increasing shareholder return on investment through its Vero Technology Ventures arm, which focuses on developing enterprise-level software offered exclusively through Mitesco's data centers. The Robo Agent suite initially targets residential real estate professionals before advancing to related mortgage and home insurance products through lead enhancement features. This approach aligns with industry consolidation trends toward greater vertical integration in the home buying process. Prototype versions are currently in testing, with discussions underway for versions targeting other consumer financial products including health insurance and retirement investments.

Leath explained that these business-to-consumer transactions benefit from AI-based coaching for sales professionals, potentially yielding better results than traditional methods. The software development efforts are intended to fuel growth in the company's Centcore data center division, targeting enterprise-level users with thousands of potential clients within specific industries and millions of potential users across industry segments. Beyond organic growth, Mitesco is actively discussing potential merger candidates with investment banking professionals, positioning itself as an alternative to special purpose acquisition companies with potentially greater speed and lower costs.

The company intends to move to a senior exchange as quickly as possible, noting that a larger revenue base would help meet listing requirements while potentially providing greater shareholder liquidity and enabling faster growth through subsequent transactions. All initiatives are designed to increase potential return on investment for shareholders and expand the investor base as the company aims to become a significant player in the data center business. This includes supporting both internal software solutions and third-party applications, though success cannot be guaranteed and suitable funding is not assured.

Forward-looking statements in the company's announcement are subject to numerous risks and uncertainties, including the ability to obtain additional financing and potential litigation outcomes. Additional information about these risks is available in the company's filings with the Securities and Exchange Commission at https://www.sec.gov. The company's corporate information can be found at https://www.mitescoinc.com, while details about its data center division are available at https://www.centcoreusa.com.