NEW YORK, NY -- September 6, 2022 -- InvestorsHub NewsWire --
Dear Cashmere Holding Company (OTC:
DRCR), known as Swifty Global (Swifty), is a technology company
focused on creating groundbreaking solutions in the Financial and
Sports Betting Sectors. The company has already developed and
launched two disruptive mobile applications (apps) for sports
predictions in the United Kingdom (UK) and a global digital wallet
which encompasses Artificial Intelligence (AI) and
Cryptocurrency/Blockchain Transactions.
Today, Swifty has soft-launched its gaming site. The site offers
all major sporting events including pre-match and in-play bets
across 90% of the global market and it will offer more than 200
casino games. Leveraging over 150 years of industry knowledge and
experience gained by acquiring top international agents and traders
to manage and grow the Swifty Gaming sportsbook and casino, Swifty
expects to onboard a number of premium clients with the revenue
generated reflecting in the company’s third quarter results. Swifty
Gaming is an exciting opportunity for Swifty Global and its
Shareholders, with the company expecting to generate tens of
millions in revenue during its first year of gaming
operations.
Swifty already holds UK and Curacao gambling licenses with
several license applications pending for other countries. Swifty’s
in-house development team has developed and uses its own
proprietary software which has been certified by GLI. This allows
Swifty to license out its technology platform to major operators
who already hold in-country licenses, meaning that Swifty is able
to scale its revenue and profits very quickly through the company’s
swipe betting application, which is now fully operational and
already offering thousands of bets across multiple sports. The
swipe betting app recently underwent a soft launch to give the
product real-life testing of its latency, resilience, transactional
speeds, and payment gateways before the major roll-out which is
expected to attract tens of thousands of betters to the app. The
company is preparing for its major roll out to coincide in the
coming weeks with the European Football/Soccer season and then
gearing up for the Football/Soccer World Cup.
A highly regulated gambling market inhibits the speed at which
gambling businesses can scale up globally due to the licenses,
certifications and compliance required. This presents a significant
barrier for new competitors to enter the market and although
certifications and compliance has historically delayed Swifty, the
company now holds several licenses with many more going through the
approval process. Swifty is expanding its compliance and thereby
increasing its competitiveness with technological advantage and
significantly lower cost base and over its competitors.
The Swifty business is highly scalable, and the management team
is currently negotiating with targeted acquisitions and strategic
partnerships as the company targets a 1-billion-dollar
valuation.
As previously reported, Swifty is also due to cancel 10,666,666
from its outstanding shares table within the coming
weeks.
Swifty Global CEO, James Gibbons, commented: “After almost two
years of painstaking and meticulous effort by our team, it is
fantastic for shareholders, clients, and ourselves to finally see
the business unfolding for all to see. Having already posted our
first profit in August, we are in great shape for exponential
growth over the coming quarters and years, with our vision to be on
a big board as soon as possible. We are also looking very forward
to becoming fully reporting and executing our name change which
will be instrumental for our next phase of growth.”
For regular updates, you are invited you to follow Swifty Global
on Twitter and LinkedIn.
For further information on the company’s latest news please see
their communication channels:
Website: https://swifty.global
Swifty Gaming Website: https://www.swiftygaming.com
Twitter: https://twitter.com/SwiftyGlobal
LinkedIn: https://www.linkedin.com/company/swifty-global
Email: hello@swifty.global
Related links:
https://www.otcmarkets.com/stock/DRCR/profile
Source: DRCR
Forward-Looking Statement
Certain information set forth in this press release contains
"forward-looking information", including "future-oriented financial
information" and "financial outlook", under applicable securities
laws (collectively referred to herein as forward-looking
statements). Except for statements of historical fact, the
information contained herein constitutes forward-looking statements
and includes, but is not limited to, the (i) projected financial
performance of the Company; (ii) completion of, and the use of
proceeds from, the sale of the shares being offered hereunder;
(iii) the expected development of the Company's business, projects,
and joint ventures; (iv) execution of the Company's vision and
growth strategy, including with respect to future M&A activity
and global growth; (v) sources and availability of third-party
financing for the Company's projects; (vi) completion of the
Company's projects that are currently underway, in development or
otherwise under consideration; (vi) renewal of the Company's
current customer, supplier and other material agreements; and (vii)
future liquidity, working capital, and capital requirements.
Forward-looking statements are provided to allow potential
investors the opportunity to understand management's beliefs and
opinions in respect of the future so that they may use such beliefs
and opinions as one factor in evaluating an investment. These
statements are not guarantees of future performance and undue
reliance should not be placed on them. Such forward-looking
statements necessarily involve known and unknown risks and
uncertainties, which may cause actual performance and financial
results in future periods to differ materially from any projections
of future performance or result expressed or implied by such
forward-looking statements. Although forward-looking statements
contained in this presentation are based upon what management of
the Company believes are reasonable assumptions, there can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. The Company
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change
except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking
statements. The Securities and Exchange Commission ("SEC") has
provided guidance to issuers regarding the use of social media to
disclose material non-public information. In this regard, investors
and others should note that we announce material financial
information via official Press Releases, in addition to SEC
filings, press releases, Questions & Answers sessions, public
conference calls and webcasts also may take time from time to time.
We use these channels as well as social media to communicate with
the public about our company, our services, and other issues. It is
possible that the information we post on social media could be
deemed to be material information. Therefore, in light of the SEC's
guidance, we encourage investors, the media, and others interested
in our company to review the information we post on the following
social & media channels:
Website: https://swifty.global
Twitter: https://twitter.com/SwiftyGlobal
Dear Cashmere (PK) (USOTC:DRCR)
過去 株価チャート
から 10 2024 まで 11 2024
Dear Cashmere (PK) (USOTC:DRCR)
過去 株価チャート
から 11 2023 まで 11 2024
