CONSERVATIV BCST JRNL INC - CBMJ STOCK NEWS

Conservative Broadcast Media & Journalism (CBMJ) announced the sale of its E-Commerce business for $1.247 million to Stonewall Enterprises, including $120,000 in cash and $380,000 in notes. The deal also involves returning 59,760,000 shares to treasury, valued at $747,000. This strategic move allows CBMJ to focus on high-margin businesses like media and web development, aiming to reduce operating expenses and achieve positive cash flow. Post-transaction, the issued shares stand at 359.4 million.

Conservative Broadcast Media & Journalism (CBMJ) has raised an additional $230K in Q1 2022 to consolidate its multiple e-commerce stores into a single superstore, Patriot Depot (patriotdepot.com). CEO Ford Jordan anticipates that this consolidation will improve efficiencies in product distribution and shipping. The company plans to file its annual report, including full-year results for 2021, by March 31, 2022. CBMJ operates various online platforms and maintains one of the largest databases of conservative and religious audiences.

CBMJ Inc. (OTC:CBMJ) reported a significant 68% increase in Q4 2021 revenue, rising from $785K in 2020 to $1.32M. Full-year revenue also surged 82% to $4.44M compared to $2.43M in 2020. The company attributes this growth to e-commerce sales, which made up 75% of total revenue. Despite strong sales, net income goals were not met due to inventory adjustments, increased shipping costs, and advertising censorship. The appointment of Hanford Jordan as CEO of subsidiaries aims to address these challenges and achieve a 10% earnings target for 2022.

CBMJ Inc. (OTC:CBMJ) has announced the appointment of Hanford Jordan as the new CEO for its subsidiaries DeDonato Enterprises and Patriot Depot. Jordan, who also serves as COO/CFO at Liftable Media and CEO of Western Journal, brings extensive experience in e-commerce and data analytics. His leadership is expected to facilitate the merger of the two companies, enhancing opportunities in publishing and journalism. The company's digital marketing approach targets a conservative audience, leveraging its substantial social media presence and email database.

CBMJ Inc. (OTC:CBMJ) has announced the launch of its popular online show, The Schaftlein Report, as a podcast on Apple Podcasts. The show, hosted by CEO Mark Schaftlein, features discussions with various experts including military leaders and economists. With a growing national audience, the podcast aims to reach commuters and provide an engaging alternative to traditional talk radio. CBMJ operates a network of political websites and has a significant online presence, including over 12 million email subscribers.

CBMJ Inc. (OTC:CBMJ) reported a significant increase in quarterly revenue for Q3 2021, totaling $1.3M, up 82% compared to $714K in Q3 2020. Year-to-date revenue also rose to $3.12M, from $1.64M in the same period last year. The company plans to launch a new superstore on Black Friday to consolidate its e-commerce offerings and reduce costs. CEO Mark Schaftlein emphasized the integration of recent acquisitions and the focus on recurring advertising revenue through increased traffic to their news site.

On September 22, 2021, CBMJ's CEO Mark Schaftlein announced a transaction in which he acquired 31 million shares of restricted common stock and $30,000 of convertible debt, now totaling $57,775. This acquisition increases his company's control to 17% of total issued shares, doubling his ownership. The plan is to reduce convertible debt to minimize shareholder dilution, having already eliminated $144,608 in the past two quarters. Directors now hold 162.5 million restricted shares (45% of total). This new structure aims to build long-term shareholder value.

CBMJ Inc. (OTC: CBMJ) announces the launch of Klicked Digital, a digital marketing agency aimed at conservatives, which has generated $300,000 in revenue in 2021. CEO Brandon Vallorani projects significant revenue growth for 2022. Klicked Digital addresses challenges faced by conservative companies, including censorship and social media expulsion, through services like email marketing and SEO. With over a decade of experience in conservative media, the Klicked team aims to help clients navigate a politically charged environment, enhancing client visibility and revenue.