DRCR, Swifty Global (Dear Cashmere Holding Company),

NEW YORK, NY, May 04, 2022 (GLOBE NEWSWIRE) — by way of NewMediaWire — Dear Cashmere Holding Company (OTC: DRCR), referred to as 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 cell purposes (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 out there for obtain within the coming weeks with the UK being one of many largest sports activities betting markets on the earth.  Swifty’s cost gateways and service provider banking accounts are actually all in place and absolutely built-in. The firm has efficiently concluded its unbiased third celebration safety testing and in an effort to go reside, 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 basic that your complete app went via each type of repetitive and strong testing. It was additionally important that the app was absolutely built-in with the cost gateways earlier than launch. These stable foundations will permit Swifty to scale up and rapidly 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 making 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 rapidly doable. 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 typical advertising campaigns, affiliate internet marketing, web optimization, 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 improvement 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 typically seems like progress is sluggish, we’re very a lot on monitor and progressing at an outstanding price. 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 permit the enterprise to flourish and create long- time period sustainable shareholder worth on a serious alternate. 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 serious inventory alternate 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 consider that the market cap will ultimately fall according to the know-how valuation and Swifty’s income era potential. Whilst the market circumstances are notably difficult for many companies in the mean time, the Swifty Predictions app is exclusive, providing a low worth, excessive frequency type of high-speed betting which is extra enjoyable and interesting than something which is at present out there. In previous bear markets, I’ve seen that corporations who’re well-managed, well-structured, with stable foundations in place and provide helpful services and products, will normally profit within the medium to long run and are available out stronger. There is little question in my thoughts that Swifty will probably be an important enterprise that performs on the prime degree on a serious alternate sooner or later.” For common updates, you might be invited you to observe Swifty Global on Twitter, Telegram and LinkedIn.  For additional data on the corporate’s newest information please see their communication channels: Website: https://swifty.globalPredictions Website: https://swiftypredictions.comTwitter: @swiftyglobalTelegram: @swiftyglobalLinkedIn: @swifty-globalEmail: hi [email protected] Related hyperlinks:https://www.otcmarkets.com/stock/DRCR/profile Source: DRCR  Forward-Looking StatementCertain data set forth on this press launch incorporates “forward-looking data”, together with “future-oriented monetary data” and “monetary outlook”, beneath relevant securities legal guidelines (collectively referred to herein as forward-looking statements). Except for statements of historic truth, the data contained herein constitutes forward-looking statements and contains, however just isn’t restricted to, the (i) projected monetary efficiency of the Company; (ii) completion of, and the usage of proceeds from, the sale of the shares being supplied hereunder; (iii) the anticipated improvement of the Company’s enterprise, initiatives, and joint ventures; (iv) execution of the Company’s imaginative and prescient and development technique, together with with respect to future M&A exercise and world development; (v) sources and availability of third-party financing for the Company’s initiatives; (vi) completion of the Company’s initiatives which might be at present underway, in improvement 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 supplied to permit potential buyers the chance to grasp administration’s beliefs and opinions in respect of the longer term in order that they could 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 intervals to vary materially from any projections of future efficiency or outcome 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 will be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions might 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 supplied steering to issuers concerning the usage of social media to reveal materials private data. In this regard, buyers and others ought to word that we announce materials monetary data by way of official Press Releases, along with SEC filings, press releases, Questions & Answers periods, public convention calls and webcasts additionally might take time on occasion. 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 submit on social media could possibly be deemed to be materials data. Therefore, in gentle of the SEC’s steering, we encourage buyers, the media, and others serious about our firm to assessment the data we submit 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

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