NEW YORK, NY, May 04, 2022 (GLOBE NEWSWIRE) — by way of NewMediaWire — Dear Cashmere Holding Company (OTC: DRCR), often called Swifty Global, is a know-how firm targeted on creating ground-breaking options within the Financial and Sports Betting Sectors. The firm has developed two disruptive cellular functions (apps) for sports activities predictions and a digital pockets which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions. Following on from the momentous achievement of not too long ago acquiring its UK playing license and beforehand, its Curacao license, Swifty’s app has been accepted onto the Google and Apple shops for the United Kingdom and linked markets. The app is anticipated to be accessible for obtain within the coming weeks with the UK being one of many largest sports activities betting markets on the earth. Swifty’s fee gateways and service provider banking accounts are actually all in place and absolutely built-in. The firm has efficiently concluded its impartial third celebration safety testing and in an effort to go stay, Swifty is now solely ready for its GLI Certification. Although this has been a prolonged and at occasions very irritating course of, it is a extremely regulated sector with the potential of big monetary positive aspects. The related safety dangers make it elementary that all the app went by means of each type of repetitive and sturdy testing. It was additionally very important that the app was absolutely built-in with the fee gateways earlier than launch. These stable foundations will enable Swifty to scale up and shortly launch the app in different markets as quickly as their respective licenses are authorized. The firm has already utilized for added playing licenses in a number of territories. Swifty is getting ready to roll out its aggressive advertising marketing campaign to acquire customers within the licensed areas. The preliminary focus is to generate as many customers as shortly attainable. The Swifty predictions app is extremely interactive and brings a brand new type of engaged betting to customers which Swifty is assured will stimulate a considerable quantity of viral advertising. Alongside standard advertising campaigns, internet online affiliate marketing, website positioning, and different types of digital on-line advertising, the corporate can also be partnering with a number of sports activities celebrities, influencers, and sports activities occasions to drive consciousness and site visitors. Swifty is progressing nicely in all areas of the enterprise together with its VIP sportsbook growth and its monetary audit. The audit will put the corporate ready to be absolutely reporting late within the Summer or early Autumn of 2022. Swifty Global CEO, James Gibbons, commented: “While it generally seems like progress is sluggish, we’re very a lot on observe and progressing at an exceptional fee. Swifty is a extremely scalable enterprise which is anticipated to have sturdy cashflow and income. It has been extraordinarily vital that now we have all of the foundations in place to permit us to scale quickly and confidently. The stable basis now we have been constructing will enable the enterprise to flourish and create long- time period sustainable shareholder worth on a significant trade. The OTC is a steppingstone for us, and the technique has been to good the product, get hold of the required licenses and launch the product to the market earlier than up itemizing to a significant inventory trade and we’re assured that that is now on the horizon.” Swifty Chairman, Nicolas Link commented, “It’s disappointing that the corporate’s present market cap is so nicely beneath the know-how worth and while I don’t present investing recommendation, I personally imagine that the market cap will finally fall consistent with the know-how valuation and Swifty’s income era potential. Whilst the market situations are significantly difficult for many companies for the time being, the Swifty Predictions app is exclusive, providing a low worth, excessive frequency type of high-speed betting which is extra enjoyable and fascinating than something which is at present accessible. In previous bear markets, I’ve seen that firms who’re well-managed, well-structured, with stable foundations in place and provide helpful services, will normally profit within the medium to long run and are available out stronger. There is little doubt in my thoughts that Swifty might be a terrific enterprise that performs on the high degree on a significant trade sooner or later.” For common updates, you’re invited you to observe Swifty Global on Twitter, Telegram and LinkedIn. For additional info on the corporate’s newest information please see their communication channels: Website: https://swifty.globalPredictions Website: https://swiftypredictions.comTwitter: @swiftyglobalTelegram: @swiftyglobalLinkedIn: @swifty-globalEmail: [email protected] Related hyperlinks:https://www.otcmarkets.com/stock/DRCR/profile Source: DRCR Forward-Looking StatementCertain info set forth on this press launch accommodates “forward-looking info”, together with “future-oriented monetary info” and “monetary outlook”, below relevant securities legal guidelines (collectively referred to herein as forward-looking statements). Except for statements of historic reality, the data contained herein constitutes forward-looking statements and contains, however shouldn’t be restricted to, the (i) projected monetary efficiency of the Company; (ii) completion of, and using proceeds from, the sale of the shares being provided hereunder; (iii) the anticipated growth of the Company’s enterprise, initiatives, and joint ventures; (iv) execution of the Company’s imaginative and prescient and progress technique, together with with respect to future M&A exercise and international progress; (v) sources and availability of third-party financing for the Company’s initiatives; (vi) completion of the Company’s initiatives which are at present underway, in growth or in any other case into account; (vi) renewal of the Company’s present buyer, provider and different materials agreements; and (vii) future liquidity, working capital, and capital necessities. Forward-looking statements are offered to permit potential buyers the chance to grasp administration’s beliefs and opinions in respect of the long run in order that they might use such beliefs and opinions as one consider evaluating an funding. These statements usually are not ensures of future efficiency and undue reliance shouldn’t be positioned on them. Such forward-looking statements essentially contain recognized and unknown dangers and uncertainties, which can trigger precise efficiency and monetary ends in future durations to vary materially from any projections of future efficiency or consequence expressed or implied by such forward-looking statements. Although forward-looking statements contained on this presentation are primarily based upon what administration of the Company believes are affordable assumptions, there could be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. The Company undertakes no obligation to replace forward-looking statements if circumstances or administration’s estimates or opinions ought to change besides as required by relevant securities legal guidelines. The reader is cautioned to not place undue reliance on forward-looking statements. The Securities and Exchange Commission (“SEC”) has offered steering to issuers relating to using social media to reveal materials private info. In this regard, buyers and others ought to observe that we announce materials monetary info by way of official Press Releases, along with SEC filings, press releases, Questions & Answers periods, public convention calls and webcasts additionally might take time occasionally. We use these channels in addition to social media to speak with the general public about our firm, our providers, and different points. It is feasible that the data we publish on social media could possibly be deemed to be materials info. Therefore, in gentle of the SEC’s steering, we encourage buyers, the media, and others enthusiastic about our firm to assessment the data we publish on the next social & media channels: Website: https://swifty.global Twitter: https://twitter.com/SwiftyGlobal
https://www.globenewswire.com/news-release/2022/05/04/2435882/0/en/OTC-DRCR-Swifty-Global-Dear-Cashmere-Holding-Company-Prepares-for-the-Launch-of-Its-Swifty-Predictions-App.html
DRCR, Swifty Global (Dear Cashmere Holding Company),
