Welsis Corp. (OTC: WLSS)

Welsis Corp. provides online psychological help services, also known as teletherapy or telepsychology, through a telehealth platform that delivers on demand professional psychological consultations anytime, anywhere, via mobile devices, the internet, video, and phone calls. The platform connects consumers with board certified specialists who offer counseling and psychological services for adolescents from 14 years old and adults, serving men and women, and providing therapy for individuals, couples, and families. In September 2024 the company launched TokenTraders.net, a fully functional crypto exchange site that enables users to exchange and trade cryptocurrencies with ease by utilizing real time rates at minimal fees. TokenTraders.net also incorporates a built in crypto wallet that allows users to securely store their cryptocurrencies. Following a share purchase agreement completed in April 2024, Skywest Pinnacle Limited acquired approximately 73% of the company’s outstanding shares, resulting in a change of leadership with Kwok Boon Kit appointed as chief executive officer, treasurer, secretary, and director. The company purchased the telehealth platform that underlies its service offering, and it describes itself as a development stage startup.

Welsis Corp. generates revenue from fees charged for its psychological consultation services and from transaction fees on cryptocurrency trades executed through TokenTraders.net. The company serves individual clients seeking mental health support as well as retail and institutional participants in the digital asset market. The company’s telehealth platform is designed to provide convenient access to board certified psychological professionals for users seeking timely support.

Welsis Corp. operates in the competitive telehealth and cryptocurrency exchange industries, where it faces established providers such as traditional therapy platforms and major crypto exchanges. The company provides mental health consultation services through its telehealth platform and also operates a cryptocurrency exchange site named TokenTraders.net. Having both services under one entity may allow the company to serve customers who seek both psychological support and digital asset trading opportunities. Following the April 2024 leadership transition, Kwok Boon Kit oversees the company’s strategic direction as chief executive officer, treasurer, secretary, and director.

The company’s customer base includes individuals seeking mental health counseling, such as adolescents from 14 years old and adults, covering men and women, and encompassing therapy for individuals, couples, and families. Additionally, the crypto exchange platform TokenTraders.net serves retail traders and investors who wish to buy, sell, and store cryptocurrencies using real time rates at minimal fees with a built in wallet. The built in wallet on TokenTraders.net provides secure storage for users’ digital assets, while the exchange interface emphasizes low transaction costs.