Mitesco (MITI)

True Nature Holding, Inc. engages in the development, production, and sale of pharmaceuticals. It offers pharmaceutical formulations for both the human and veterinary market. The firm also focuses on the development of software applications in the healthcare arena, including telemedicine; and consideration of services offering using blockchain encryption technology for various aspects of the healthcare industry. The company is headquartered in Atlanta, GA.

Company profile

Ticker

MITI

Exchange

NASDAQ

Website

truenaturepharma.com/

CEO

Lawrence Diamond

Incorporated

Delaware

Location

Minnesota

Fiscal year end

Dec 31

Sector

Manufacturing > Other Communications Equipment Manufacturing

Industry (SIC)

Services - Health Services

LifeStance Health • InnovAge Holding • Sharecare • Oak Street Health • CRH Medical • Sema4 • UpHealth • U.S. Physical Therapy • Pear Therapeutics • Pennant ...

Former names

BRAIN TREE INTERNATIONAL INC, True Nature Holding, Inc., Trunity Holdings, Inc.

SEC CIK

0000802257

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

MitescoNA, LLC • The Good Clinic, LLC • Acelerar Healthcare Holdings, LTD ...

MITI stock data

1M 1Y 5Y

News

From Benzinga Pro

MITI: Solid progress at clinics; expansion slows until financing completed.

27 Jun 22

By Beth Senko, CFA OTC:MITI READ THE FULL MITI RESEARCH REPORT

Press releases

From Benzinga Pro

Mitesco, Inc. Named Blazer Winner at 2022 Minne Inno Fire Awards

15 Jul 22

Minneapolis, MN, July 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- On July 14, 2022, Mitesco, Inc. (OTCQB:MITI) was awarded the "Blazer Award" in the health and wellness category of Minne Inno's 2022

Mitesco, Inc. Appoints Tom Brodmerkel to Chief Financial Officer Position

14 Jun 22

MINNEAPOLIS, MN, June 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Mitesco, Inc. (OTCQB:MITI), a leading operator of wellness clinics that combine a nurse practitioner model with personalized, whole-person primary

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

12 Aug 22

16 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MITI financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	35.82K	35.82K	35.82K	35.82K	35.82K	35.82K
Cash burn (monthly)	75.78K	137.5K	1.27M	958.44K	707.02K	574.07K
Cash used (since last report)	119.05K	216.03K	1.99M	1.51M	1.11M	901.9K
Cash remaining	-83.23K	-180.21K	-1.96M	-1.47M	-1.07M	-866.08K
Runway (months of cash)	-1.1	-1.3	-1.5	-1.5	-1.5	-1.5

Beta Read what these cash burn values mean

Financial data from Mitesco earnings reports.

Recent insider trades

MITI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jul 22	Juan Carlos Iturregui	Common Stock, par value $0.01	Other	Acquire J	No	No	0.25	12,059	3.01K	1,112,059
21 Jul 22	Juan Carlos Iturregui	Common Stock Purchase Warrant Common Stock	Buy	Acquire P	No	No	0.5	12,059	6.03K	12,059
7 Jun 22	Diamond Lawrence M.	Common Stock, par value $0.01	Other	Acquire J	No	No	0.16	13,143	2.1K	6,900,824
7 Jun 22	Diamond Lawrence M.	Common Stock, par value $0.01	Other	Acquire J	No	No	0.26	20,306	5.28K	6,887,681
26 May 22	Ingrid Jenny Lindstrom	Common Stock, par value $0.01	Other	Acquire J	No	No	0.25	16,882	4.22K	27,132
26 May 22	Ingrid Jenny Lindstrom	Common Stock Purchase Warrant Common Stock	Buy	Acquire P	No	No	0.5	16,882	8.44K	16,882
26 May 22	Diamond Lawrence M.	Common Stock, par value $0.01	Other	Acquire J	No	No	0.25	24,118	6.03K	6,867,375
26 May 22	Diamond Lawrence M.	Common Stock Purchase Warrant Common Stock	Buy	Acquire P	No	No	0.5	24,118	12.06K	24,118
23 May 22	Diamond Lawrence M.	Common Stock, par value $0.01	Buy	Acquire P	No	No	0.1801	10,000	1.8K	8,343,257
20 May 22	Diamond Lawrence M.	Common Stock, par value $0.01	Buy	Acquire P	No	No	0.1853	20,000	3.71K	8,333,257

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

MITI institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Twilio

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. senior Avg

New words: appointment, Article, briefer, Brodmerkel, Brody, Caplan, Chairman, ClinicTM, complex, concept, demand, demonstrate, differentiating, Dragon, driven, Dynamic, Enright, Erik, Finnegan, GAAP, illustrate, Isabella, Iturregui, Jack, Jenny, Jessica, Juan, Kevin, length, Lindstrom, Mackay, Nommsen, Platform, premium, preventive, produced, Regulation, Schrier, Scott, shorter, Summary, testing, Tom, unaudited, unique, visit, Wayzata, William

Removed: agent, back, behalf, injury, obtain, percent, representing, section, subsequent, successful

From filing 10-Q 2022 Q2

Financial reports

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