Yuengling's Ice Cream Corporation (OTC: YCRM), Doing Business as ReachOut, Files 2024 10-K With Profitability, Growth, and Corporate Transformation in Focus

Net Income Swings Positive to $4.4M as YCRM Undergoes Name Change and Platform Transformation
CHICAGO, IL - April 16, 2025 ( NEWMEDIAWIRE ) - Yuengling's Ice Cream Corporation (OTC: YCRM), currently undergoing a name and symbol change pending FINRA approval and operating under the brand ReachOut, today announced the filing of its annual report on Form 10-K for the fiscal year ended December 31, 2024, showcasing revenue growth and a dramatic turnaround to profitability.
Financial Highlights:
'The traditional MSP model is fundamentally broken and dying -- thousands of fragmented regional providers with slow response times, basic security, and no ability to scale,' said Rick Jordan, CEO of YCRM. 'We're completely reinventing what's possible in this space. This isn't about incremental improvement. We're building a nationwide brand where none existed before, bringing advanced protection to small and medium businesses that have been completely ignored by the industry. Just like a large wireless brand disrupted telecom for everyday customers, we're bringing that same revolutionary approach to cybersecurity for everyday businesses.'
Strategic Transformation
The Company announced it is executing a transformation strategy modeled after the Berkshire Hathaway structure with an Alphabet-style portfolio approach, enabling ReachOut to own, develop, and scale independent technology ventures. It also formally submitted its application with FINRA for a name and ticker symbol change, signaling a clear departure from legacy operations and reflecting its focus on cybersecurity, automation, and digital identity technology. It also formally submitted its application with FINRA for a name and ticker symbol change, signaling a clear departure from legacy operations and reflecting its focus on cybersecurity, automation, and digital identity technology.
'I'm not interested in being just another player in this industry – we're building something completely disruptive,' said Rick Jordan, CEO. 'The Berkshire model gives us capital efficiency while Alphabet's playbook lets us incubate and scale disruptive technology ventures independently. It's a complete strategic transformation. We're shedding the old skin and emerging as something entirely different: America's first national cybersecurity portfolio brand with a technology holding company structure that can move with the today, not get stuck in a decades old model. This structure gives our shareholders asymmetric upside potential beyond what traditional service businesses could ever deliver.'
Future Growth Strategy
The Company has announced it completely reimagined its growth strategy, abandoning the larger acquisition model in favor of a nimble, high-velocity approach that delivers greater integration speed and ROI. This transformation combines holding company economics with disruptive market penetration, creating a dual pathway to shareholder value:
'Big acquisitions are dead money. Our model targets high-potential firms in high-demand low-competition markets we can transform 2-5X in under 24 months through data driven local search capture,' said Rick Jordan, CEO. 'Combined with ventures like TRUSTLESS, we're not just building a better service company – we're creating a wealth-generation machine with asymmetric upside that traditional players can't touch. This isn't incremental improvement. This is total industry disruption.'
The Company's transformation from a traditional MSP to a technology holding company represents one of the most ambitious pivots in the cybersecurity industry. The Company encourages investors and industry watchers to follow the Company's developments as it executes its disruptive strategy and drives toward its planned NASDAQ uplisting.
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For media, TV appearance and Investor Relations Contact:
Email: [email protected]
Phone: 312-288-8008
ReachOut is the operating brand of Yuengling's Ice Cream Corporation (OTC: YCRM), a cybersecurity-first technology company scaling a portfolio of tech ventures through a modern holding company structure. Built around recurring revenue, margin discipline, and AI-driven service delivery, ReachOut is positioning for national expansion, disruptive M&A, and a future on a major U.S. exchange.
This press release contains forward-looking statements regarding future events, performance, and financial expectations. These statements are based on current beliefs and assumptions, and are subject to risks and uncertainties—many of which are beyond the Company's control—that could cause actual results to differ materially from those projected. Factors that may affect results include the Company's need for capital, changes in regulatory environments, market competition, demand for services, and other risks detailed in the Company's filings with the Securities and Exchange Commission at www.sec.gov. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law.

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Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We're asking real people how they spend their hard-earned money during a seven-day period — and we're tracking every last dollar. Today: a law student who is not currently earning a salary and who spends some of her money this week on a mint stracciatella gelato. If you'd like to submit your own Money Diary, you can do so via our online form. We pay $150 for each published diary. Apologies but we're not able to reply to every email. Occupation: Law student Age: 28 Location: Los Angeles Salary: Currently $0, but with an expected income of ~$40,000 from a summer job. Joint Income & Financial Setup: I live with my boyfriend, K., and we split expected expenses like rent, utilities, and pet costs equally. We do cover things for one another occasionally, him more often than me, since I don't have a steady income. Assets: Investment accounts: $211,400; Roth IRA: $36,800; 401(k): $64;000; checking: $6,300; HYSA/savings: $9,750; crypto: $4,000; HSA: $2,600, car: ~$38,000 (this is how much I've paid toward it, but the value is actually less since it's depreciated since I bought it). Debt: Car loan: $4,400; student loans: ~$40,000. Pronouns: She/her Monthly Expenses Housing Costs: $1,150 (split rent with my boyfriend, K.). Loan Payments: $405.62 (car loan). Car Insurance: $126 Apple iCloud: $2.99 Spotify: $5.99 Internet: $20 Water/Power: ~$60 Gas: ~$18 Capital One Member Fee: $95 (annually). Was there an expectation for you to attend higher education? Did you participate in any form of higher education? If yes, how did you pay for it? Yes! I grew up in a town where going to college after high school was the path for the overwhelming majority. I got an undergraduate degree and am currently in law school after working for four-ish years after college. 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I wasn't feeling the best mentally on the way here, but the endorphins help some. I charge my car on the way home and try to stop at a thrift store nearby but find it closed. I'll take that as fate! $8.99 4 p.m. — I eat a small bowl of short rib and rice, then do my full shower-hair-makeup routine in time for a dinner reservation with K. and our friends at 7 p.m. I'm finally starting to get better at blowing my hair out with my Shark. 11 p.m. — Dinner is amazing! We go to K.'s friend's restaurant, which I can best describe as Japanese-influenced fine dining. They always give us extra dishes and discount the bill, which is so kind and not expected. K. and one of his friends cover the bill for the table. 12 a.m. — We meet some more friends at a bar nearby in Chinatown. I agree to drive everyone home, so I don't get any drinks, but it's a great time nonetheless. 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I bring shawarma for everyone and, despite my protests, my mom insists on venmoing me the $70 it cost. 7:30 p.m. — I take us out to a new gelato place nearby and finally get to treat everyone. A mint stracciatella gelato hates to see me coming. $33.88 Daily Total: $33.88 Day Five: Sunday 9 a.m. — Good morning! I pack up another item (Sanctuary linen pants, $14) and eat — you guessed it — an avocado and cottage cheese toast with an egg. This diary is making me realize I'm quite a creature of habit. 11 a.m. — I do one of my two readings for tomorrow's classes. I typically procrastinate my readings until nighttime, so this is an accomplishment for me. 12:50 p.m. — Meet up with my sister and mom to grab tempura for lunch. My mom pays. We get matcha and coffee drinks after, which I cover. We originally wanted to go thrifting today, but all the thrift stores are closed for Easter. The universe is really against me thrifting this week! $24 3:30 p.m. — I get home and pack another few items (Aritzia pants, $14; earrings, $4). This is a particularly good week for sales. I wonder if the tariffs are encouraging people to buy secondhand? Anyway, I fully intend to start my last reading before K. gets back from a day trip to Santa Barbara, but the consumerism demons summon me. I browse Mango and heavily contemplate buying the Anja glasses from Gigi Studios on Farfetch, but ultimately add the sunglasses to my summer wishlist when I see that shipping is $24. (Update: I ended up getting the sunnies at the start of my summer job. They were a bit of a treat, considering they were around $240 after shipping charges, and I really like them!) 6:30 p.m. — Okay, now I'm doing my reading. I finish by 7:45 p.m. (though not without distractions). 8:30 p.m. — K.'s back! We get ready for bed, then settle in to watch some YouTube on the couch. We get hungry when we see someone in a YouTube video eating a PB&J, so K. makes us mini grilled cheeses and PB&Js. They absolutely hit the spot. We're in bed by 11:15 p.m. Daily Total: $24 Day Six: Monday 6:45 a.m. — After a night of super weird dreams, I get up slightly earlier than usual to dedicate a bit more time to get ready since I have a school event tonight. Make it out the door, matcha and Depop packages in hand, with just enough time to get to class. 11 a.m. — I realize in my second class that I forgot about an Emi Jay sample sale I intended to check out at 9 a.m. By the time I notice, all the clips I might have wanted are sold out. I'm disappointed because they were selling clips that were actively on the Emi Jay site. Even at half off, $18 for one claw clip is crazy, but I've heard they really do hold — and I have fine hair, so I was eager to try them out. Oh well. 12:40 p.m. — Back at home after dropping my packages at the post office. I eat short rib, rice, and a Korean pancake again for lunch. I can't tell if it tastes old or my mind is playing tricks on me, since I know it's been in the fridge for a while. 5 p.m. — I end up doing nothing I'm supposed to do (two readings for class tomorrow) before it's time to leave for a pregame for the event tonight. I feel guilty for slacking on school stuff, but I rush over and a group of us collectively trek out to the event venue. 10 p.m. — The event ends up being a lot of fun! My friends and I are all hungry after, so we split off between Panda Express and McDonald's. I go for Panda, which is delicious until my stomach starts to feel uneasy. Evidently orange chicken and the Beatbox already swirling around my stomach is not a good combination. $11.63 11:15 p.m. — I get home and go straight to sleep after getting ready for bed. Daily Total: $11.63 Day Seven: Tuesday 6 a.m. — I get up extra early to do one of the readings I didn't get to yesterday. I choose to do this one instead of the other (that I also skipped yesterday) because the professor in this class cold calls. So much for always doing all my readings… 8:20 a.m. — Out the door and off to charge my car. I'm really paying the price for not using my time wisely yesterday. I charge just what I need and get to class five minutes late. $4.17 12 p.m. — Two classes down, and I'm starving! I didn't bring lunch from home today, so I grab a buffalo chicken wrap and Kettle Chips from the school store to eat during my break before my last class. It's finally warming up in LA and eating outside with my friends is lovely, albeit a little bit sweaty. $9.48 6:30 p.m. — Home and chilling for the inevitable future. I'm always burnt out after three-class days. I snack on watermelon, then have beef and radish soup, shredded rotisserie chicken, and rice for dinner. 9:30 p.m. — I finish Gone Girls on Netflix and promptly get up to make sure my doors are locked. I used to be obsessed with true crime until I realized it gave me anxiety and that it kind of sucks to make entertainment out of real-life victims, but alas, I still indulge once in a while. 10 p.m. — K. gets home and we're both super tired, so we're in bed by 11 p.m. Goodnight! The Breakdown Conclusion 'I definitely watch my spending when I'm in school and unemployed, but this still felt like an unusually inexpensive week for me — I think because I went grocery shopping the week before the diary and somehow avoided any online shopping. Plus, my mom paid for two of my meals out. Since starting law school and living off my savings (versus living at home rent-free while I was employed), my spending has definitely tightened up, but it's been a great financial exercise for me and has made me way better at resisting impulse purchases. I'm definitely looking forward to getting paid this summer though. My life has changed so much since my last diary; I'm glad I did this again!'

Business Wire

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