Asberry 22 Holdings Inc
ASHI
Other OTC0.01
USD
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Asberry 22 Holdings Inc
ASHI
(Other OTC)
Recent
price
0.01
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Asberry 22 Holdings, Inc. (ASHI) operates as a rural high-speed internet service provider through its primary subsidiary TPT SpeedConnect, LLC, delivering broadband connectivity, wireless internet, IP telephony, and resold satellite and DSL services across approximately five Midwestern states in the United States; the company targets residential and business customers in underserved rural markets, generating revenue from subscription-based telecommunications offerings including voice telephone communications and data services. Founded in 2008 and headquartered in San Diego, California, the firm previously focused on manufacturing and selling electronic cigarettes, liquid vaporizers, and e-liquids under its former identity as Vapor Hub International, Inc., before transitioning via a July 2022 redomiciliation from Nevada to Delaware, name change, and ticker shift from VHUB to ASHI as part of a holding company reorganization. In a pivotal strategic shift, TPT SpeedConnect, a wholly-owned subsidiary of TPT Global Tech, Inc., completed a reverse merger with Asberry 22 Holdings in April 2023 for $0.93 million, resulting in TPT Global Tech retaining approximately 86% ownership through 4,658,318 common shares and 100% of Series A Supermajority Voting Preferred Stock, enabling consolidated financial reporting, national expansion of wireless internet services, and enhanced capital-raising capabilities; this transaction followed TPT Global Tech's March 2023 acquisition of controlling Series A Preferred Stock for $500,000 and marked Asberry's evolution from a shell company seeking merger opportunities to an active telecom entity with 22-40 employees and trailing twelve-month revenue of about $1.35-$7.03 million.