STTC news!
SoftNet Technology (OTCBB Symbol: STTC) (German WKN#: A0B7RZ) is pleased to announced today that WholesaleByUs, LLC (WBU) generated record one day sales and in only the 17th day of the month, STTC, has already generated more revenue than ever recorded in a 30 day period. Additionally, the Company has recorded more revenue in any one Quarter with another 43 days left to go.
The Company recently projected sales at $75,000 for November and then just about one week ago increased them to $110,000. These projections have now been increased more than 100% to more than $150,000. While there is only 12 days left to the month, sales could actually approach $200,000 in November. Based on this second increase in sales estimates, it is now expected that STTC will generate more than $400,000 in revenue for the 4th quarter of this year. This is a 50% increase from original estimates. If growth in daily sales continues, another upward revision to 4th quarter estimates will be made
