NEW YORK, NY, Sept. 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — 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 developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.
As a company with revolutionary technology which is experiencing rapid growth and carries resultant high revenue expectations, Swifty aims to be subject to the full reporting requirements of the SEC when it releases future quarterly reports and completes the large deals in its pipeline. Therefore, Swifty’s 2020 and 2021 financials have now been audited.
Swifty is now preparing the relevant documentation for submission to become fully reporting.
Following this effectiveness, the company plans to change its registered name and apply for an up listing to the OTCQB market.
Swifty Global CEO, James Gibbons, said: “I am immensely proud of what our team and auditors have accomplished in getting this audit completed so efficiently. While we are working hard behind the scenes on our technology and deal completions, we are already busy with the next steps towards becoming fully reporting. We look forward to continued transparency with our current and new Shareholders as well as our Customers. These are the foundational steps in the building of a mega business worth billions, and we continue on our growth path towards up listing to a big board exchange.”
In the next few days, Swifty Gaming will be soft launching its Sportsbook and Casino. The Sportsbook will be available in all major markets for both pre-match and in-play markets. The Casino will feature over 200+ games including Blackjack, Baccarat, Andar Bahar, Teen Patti, Dragon Tiger, Sic Bo, and Dragon Wheel. It will also feature Slots and Scratch cards.
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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: