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I track visits to the site https://www.swiftygaming.com/. And I can say that the growth in visits is going up. But the main visits probably happen through the SWIFTY app. I have no information on this, but interest in SWIFTY is growing! And that's great. But now the OTC market is going through hard times. I think we need to wait until the $ becomes available again and the rates will drop to 0% and then the new machine will throw liquidity into the market and the markets will be on the rise. And in the front row I think we will see SWIFTY!
52WK RANGE 0.058 - 0.435
Swifty Global Accelerates Growth Following Strong Performance in First Full Year of Operations
Press Release | 07/24/2023
NEW YORK, NY, July 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Dear Cashmere Holding Company (OTC: DRCR) known as Swifty Global (Swifty) is a technology company focused on creating highly scalable ground-breaking solutions and products in the Sports Betting Sector. The company is licensed in multiple jurisdictions and operates across five countries while expanding its license footprint. In 2022, following several years of technology development, the company launched its proprietary swipe betting Sports Predictions App, Sportsbook, Casino platforms. In only its first 12 months of trading, Swifty has already delivered $68 million in revenue and profitable cashflow. The company is in a strong position as it prepares for an exciting phase of territorial expansion and new technology launches.
Swifty’s growth continues to accelerate, and the company is elevating itself towards its goal of becoming a global leader in the gambling sector. The company has successfully implemented its technology and repeatedly proven that its products are ready to be scaled into new markets globally. Having recently applied for licenses in new territories, Swifty will soon be rolling out the new version of its platform as part of its scale up strategy which is expected to deliver increased revenue and profitability for the company.
Swifty aims to complete its name and ticker change with FINRA as soon as possible. Due to challenges regarding historical company records from previous management of the company, this application has been delayed while the company goes through the administrative processes needed for the application.
Furthermore, Swifty has decided that due to timing and current macro-economic conditions, it will delay the filing of its S-1 Registration Statement. The S-1 is prepared for filing and the company has the required governance, audited financials, and administration for the filing, however, management believes that the timing is not optimal while the company explores its potential uplist plans. Swifty is committed to becoming fully reporting and should the company decide to pause its S-1 filing for an extended period of time, it will file a Form 10 to become fully reporting.
Part of the consideration to delay the S-1 filing is the fact that the OTC Market continues to be depressed and face significant headwind, with this bearing no reflection or representation of Swifty’s performance as a company. Based on global industry standards, including EBITDA and current year metrics, while excluding Swifty’s proprietary technology, scalability, Intellectual Property and Licenses, management believes the company’s realistic valuation exceeds $40 million.
Swifty has already applied for its gambling licenses in South Africa and Ireland and will provide further information when these licenses are available. Such licenses can typically take between six to nine months for approval.
Swifty Global CEO, James Gibbons, commented: “While the market conditions are extremely disappointing and cyclical trends in the markets are inevitable, this is no reflection on our performance as a business which is continuing a significant upwards growth curve. This is only set to increase as we release our new technology and expand into new territories. With our new version of the Swifty platform almost ready for release, we have developed the technology which can compete alongside and even outperform some of the best platforms in the industry. Despite the markets, we are more bullish about the business and the future of Swifty than ever before.”
Swifty’s growing team of high-calibre technical, management and operational staff are based out of our offices in the UK, Eastern Europe, South Africa, and Dubai. Swifty continues to expand its workforce to support its growth plans.
Swifty Global Chairman, Nicolas Link, commented: “We are in particularly good shape to harness our next phase of growth. James and the Swifty team are growing a lean, efficient and technologically advanced operation which is ready to scale. I have the utmost confidence in the company, products, and team to become a billion-dollar company. Along with our Shareholders, we are very disappointed in the share price of the company, however I believe this presents a significant opportunity for genuine medium and long-term investors. Based on pure fundamentals, the company’s stock is significantly discounted, and, in my view, this business represents a significant opportunity.”
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
When is ticker name change ? What is taking so looooong ?
DRCR
Dear Cashmere Holding Company (PK)
0.0682
-0.0025 (-3.54%)
Volume: 16,104
Day Range: 0.0681 - 0.079
Last Trade Time: 3:23:09 PM EDT
show us the proof?????
Shaping up to be another good day.
Alert! The company has delayed everything it told, a dangerous sign! maybe another Scam!
Be very careful!
DRCR .11 Turning around and hopefully headed back North for good
https://www.barchart.com/stocks/quotes/DRCR/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=DRCR&grid=1&height=500&studyheight=100
glta
Beaut so far. Keep it going.
I bought in yesterday after reading their financials. Company has a good business plan. making money and low float. Lower tier stocks still in a bear market for over 2 years.
$DRCR OTC is just sick these days. Here's a good example
look at the numbers and the chart.
https://www.otcmarkets.com/stock/DRCR/disclosure
Getting some love finally. Still WAY undervalued. They will find this and they are starting to already.
This is still under the radar. Added some here.
0.0772 Quote : .217 Looking great imo
ouch
thank you <>
DRCR Great news imo
https://www.otcmarkets.com/stock/DRCR/news/Swifty-Global-Announces-Acquisition-of-Business-to-Business-Contracts-and-Technology-from-GLNetworks-Ltd-in-Five-Countri?id=403290;
glta
Bullish
BULLISH
DRCR
Dear Cashmere Holding Company (PK)
0.10
0.005 (5.26%)
Volume: 113,799
Day Range: 0.0911 - 0.1005
Last Trade Time: 3:54:14 PM EDT
READING, I HAVE NOT SEEN ANY UPDATE
Any update on ticker change, and other promises ?
DRCR
Dear Cashmere Holding Company (PK)
0.102275
-0.002725 (-2.60%)
Volume: 57,296
Day Range: 0.0951 - 0.1065
Last Trade Time: 3:21:46 PM EDT
DRCR
Dear Cashmere Holding Company (PK)
0.102275
-0.002725 (-2.60%)
Volume: 57,296
Day Range: 0.0951 - 0.1065
Last Trade Time: 3:21:46 PM EDT
o.k. , will do
Hi Mick
DRCR .1436 Wake Me up when we are in the dollars again (:
Have a great day!
https://www.swifty.global/
glta
DRCR
Dear Cashmere Holding Company (PK)
0.1398
0.0193 (16.02%)
Volume: 49,607
Day Range: 0.116 - 0.1398
Last Trade Time: 3:50:13 PM EDT
DRCR
Dear Cashmere Holding Company (PK)
0.1398
0.0193 (16.02%)
Volume: 49,607
Day Range: 0.116 - 0.1398
Last Trade Time: 3:50:13 PM EDT
Hi Ten!! DRCR .16 holding and just added a few more today.One of very few profitable companies on the otc.Anybody not buying this one has rocks in their heads lol its just a matter of time imo
https://www.barchart.com/stocks/quotes/DRCR/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=DRCR&grid=1&height=500&studyheight=100
glta
12/14/22: “Swifty has now been fully audited and is working tirelessly to file its S-1 in January 2023 in order to be fully reporting during the first quarter. Furthermore, Swifty's name and ticker change documentation is due to be filed almost simultaneously to the S-1.”
5/15/23: “Swifty intentionally delayed filing its S-1 Registration Statement during the first quarter for several strategic reasons including but not limited to macroeconomics, general alignment timing, and strategic planning for an uplist. However, the company intends to file its S-1 during the second quarter of 2023.”
False information in a PR is something for the authorities to scrutinize for legality. Name and ticker change takes about 60 days from filing. Long way to go for whales to jump in imo.
We need some good Mojo here Buddy, see what you can work up, Lol
Go DRCR!
Fuck short
DRCR
Dear Cashmere Holding Company (PK)
0.1425
-0.00295 (-2.03%)
Volume: 116,127
Day Range: 0.135 - 0.1498
Last Trade Time: 3:53:34 PM EDT
when they changing names and get this rocketship going??? xxxx
yes cheap
re;
DRCR .18 Good morning Mick! This is Crazy crazy Cheap imo
?? Swifty Global (OTC: DRCR) PR Update! 2022 revenue hit $24.4M - 80% above projected revs. Plans include expansion into Canada, Africa & partnerships with global operators. S1, ticker, name change and audited financials coming! #Swifty #sportsbetting
https://twitter.com/SwiftyGlobal
GLTA
Bullish
BULLISH
DRCR .18 Good morning Mick! This is Crazy crazy Cheap imo
?? Swifty Global (OTC: DRCR) PR Update! 2022 revenue hit $24.4M - 80% above projected revs. Plans include expansion into Canada, Africa & partnerships with global operators. S1, ticker, name change and audited financials coming! #Swifty #sportsbetting
https://twitter.com/SwiftyGlobal
GLTA
DRCR
Dear Cashmere Holding Company (PK)
0.18
-0.0007 (-0.39%)
Volume: 217,836
Day Range: 0.17 - 0.183
Last Trade Time: 3:55:50 PM EDT
DRCR .217 Looking great imo
https://www.otcmarkets.com/otcapi/company/financial-report/363801/content
Twitter updates
https://twitter.com/SwiftyGlobal
https://www.barchart.com/stocks/quotes/DRCR/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=DRCR&grid=1&height=500&studyheight=100
glta
Check the OTC website for updated information. They removed 6 million shares from Unrestricted to Restricted. Now, they won't be able to sell the shares when the price goes up. Float 14 million. Q10 will be released next week. Let's see what happens to income. 8 million capitalization is ridiculous! at least 5-10x underrated! But now the OTC market is like that. Look at stocks that were worth 3-4-5 1 year ago and now they are worth 1-2 cents! As soon as the OTC market starts to recruit new investors, DRCR will be in the forefront to make 10-20-30X! Now you need to change the ticker and move to a higher exchange!
I agree, we should see the $1 to $3 range soon
10 MIL CAP AND WE DID 25 MIL IN 4TH QRTR. CO SAYS 100 MIL IN 23. 1X SALES IS UP 10X FROM HERE
GIDDY UP $$$$$$$$$$$$$$$$$
DRCR
Dear Cashmere Holding Company (PK)
0.1864
-0.0236 (-11.24%)
Volume: 31,603
Day Range: 0.1864 - 0.22
Bid: 0.1875
Ask: 0.2049
Last Trade Time: 1:43:09 PM EDT
Total Trades: 15
DRCR
Dear Cashmere Holding Company (PK)
0.1864
-0.0236 (-11.24%)
Volume: 31,603
Day Range: 0.1864 - 0.22
Bid: 0.1875
Ask: 0.2049
Last Trade Time: 1:43:09 PM EDT
Total Trades: 15
Good morning! DRCR .21 Swifty wallet https://www.swifty-wallet.com/ looking good imo
https://www.barchart.com/stocks/quotes/DRCR/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=DRCR&grid=1&height=500&studyheight=100
glta
up ticks / nice / DRCR
Dear Cashmere Holding Company (PK)
0.226
0.0549 (32.09%)
Volume: 129,379
Day Range: 0.173 - 0.227
Bid: 0.226
Ask: 0.228
Last Trade Time: 10:59:08 AM EDT
Total Trades: 45
DRCR .2298 Hi Mick. Holding this one long.I like the news (:
NEW YORK, NY - (NewMediaWire) - March 16, 2023 - Dear Cashmere Holding Company (OTC: DRCR) known as Swifty Global (Swifty), is a technology company focused on creating ground-breaking solutions in the Fintech and Sports Betting Sectors. With revenues expected to reach $100 million in 2023, the company has already successfully launched its proprietary swipe betting sports predictions app, a traditional sportsbook and casino gaming platforms.
Swifty Global displayed impressive Q4 results, recording close to $24.4 million in revenue and an EBITDA which left the industry in awe. Swifty Global has since been fully audited and has its sights on filing its S-1 by the end of Q1 2023. The progression is set to also change the company’s name and ticker.
Swifty Global has demonstrated an impressive financial performance over the course of 2022, with CEO, James Gibbons revealing the company to have performed 80% above projected figures, bringing in a staggering $24.4 million in 2022. At the same shareholder meeting, which took place on the 27th of January 2023, forecasts for 2023 were conferred, with expectations of reaching $100 million in company revenue. This impressive financial performance is further enhanced by current negotiations which the company is focused on, whereby partnerships and acquisitions of existing betting companies are in the pipeline to be locked in in the near future.
Furthermore, Swifty Global is intending to penetrate new markets in 2023, including venturing into Canada and Africa, increasing market share, a B2B offering to leverage partnerships that already have local licenses, and refining payment services for worldwide implementation. The Company is also focused on establishing affiliations with globally established operators, offering the refined technology as a white label solution with a subscription and revenue sharing model.
James Gibbons reinforced these objectives saying; "Our company has performed beyond expectations this past year in terms of our financial results and the delivery and execution of our business plan. We are striving to build a multi-billion-dollar company and I'm looking forward to an unbelievable 2023 as we enter new markets, increase market share, and improve our payment services for worldwide adoption."
In other recent developments, the company has invested in its own international invitational rugby team, with some all-star greats drawing major attention to the team and the brand. The team has to date performed in the upper echelons of their league, winning The Cape Town 10’s, and are currently in training for three other world-renowned tournaments, those being the Kinsale 7’s, the Bournemouth 7’s and the 50th anniversary of The Amsterdam 7’s tournament, some boasting crowds of approximately 30,000 people, with each one being televised or live streamed. The newer formats of the traditional game of rugby are drawing huge attention to the industry, Swifty Global could not let the opportunity to piggyback off the interest slide.
For regular updates and information on the company’s latest news, you are invited you to follow Swifty Global on Twitter, LinkedIn and the below specified communication channels.
Website: https://swifty.global
Swifty Predictions Website: https://www.swiftypredictions.co.uk
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
glta
$$$ coming soon with this stock. Great Revs reported more to come Hopefully uplist soon.