OTC: DRCR, Swifty Global (Dear Cashmere Holding Company), Releases a Summary of 2021 Progress 

Rhea-AI Summary

Swifty Global (OTC: DRCR) is advancing its technology solutions in the Financial and Sports Betting sectors, having developed two mobile applications: Swifty Predictions and Swifty Wallet. The company has obtained its first gambling license from Curacao and is actively seeking additional licenses across various jurisdictions. Swifty is preparing for a multi-million dollar advertising campaign to support its app launches in 2022, with the goal of becoming a billion-dollar enterprise. The firm remains committed to long-term growth and has plans to up-list onto Nasdaq.

Positive

• Successful completion of public beta testing for Swifty Predictions app.
• Obtained first gambling license from Curacao, enhancing global reach.
• Plans for a multi-million dollar advertising campaign to boost product rollout.
• Continued development and hiring of staff to strengthen operations.

Negative

• None.

NEW YORK, NY, Dec. 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Dear Cashmere Holding Company (OTC: DRCR) known as Swifty Global, is a technology company focused on creating ground-breaking solutions in the Financial and Sports Betting Sectors. The company has already developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions. Patent applications have already been submitted and the company has recently received its first gambling license whilst further license applications in other jurisdictions are pending. 

On the 24^th December 2021, Swifty CEO James Gibbons released a video summarising the company’s progress and updating on the 2022 roadmap. The company has developed its first two applications which are the Swifty Predictions app and the Swifty Wallet. Swifty Predictions has been developed in-house by the Swifty development team which employs 9 full time developers and numerous specialist consultants and contractors. In preparation for the official launch of the apps, the company is currently recruiting a further 5 members of staff in the domains of customer service, compliance, marketing, trading and support. 

Recently, Swifty successfully completed the public beta testing of its Predictions app. After its first gambling license was approved earlier in December, the company is now nearing completion of its payment gateway and live data feed integration. It is also preparing the app for loading onto the Apple and Google Play stores for direct download to iOS and Android devices. The App will also have a web-based version for those users who may not be able to download the application to their mobile devices in certain countries where network providers may prohibit the downloads.

In conjunction with the product launch, Swifty will roll out a multi-million dollar advertising campaign once the payment gateway and live data feed integration is complete. The company has various sources of funding in place to optimise the campaign and product roll out. Swifty has confident ambitions to grow into a billion dollar business which will up-list onto a mainstream board such as Nasdaq as soon as is practically possible.

The main shareholders of Swifty Global are Nicolas Link as Chairman, James Gibbons as CEO and ILUS International Inc., a public company listed on the OTC markets. All are invested in the long-term future of Swifty and do not have any intention of selling their shares in the foreseeable future. 

The first gambling license awarded to the company is the Curacao license. This provides the largest reach of potential gamblers globally as it includes access to most of Europe, Africa, South America and Canada. The company has already applied for its UK license and licenses in numerous US states. It is continuing to apply in every possible state in the USA, providing for an exciting 2022 as the licenses are granted one by one. 

Swifty is also nearing the roll out of its Swifty Wallet with an integrated payment gateway and a virtual debit card. This will allow users to have an easy on and off ramp between Crypto Currencies and the Swifty Predictions app. The company will release an update video about the Swifty Wallet as it prepares for its launch in the next few weeks. 

Swifty Global CEO, James Gibbons, commented: “It’s been a very exciting year for Swifty and I’m very proud of the team’s efforts, given what we have achieved in such a short time frame. I also want to thank our Shareholders and the 150 plus public beta testing participants for all their loyalty, support and feedback. We are extremely excited for the global rollout of the Swifty business in 2022.”

The company is picking up speed with its development and corresponding updates. To stay up to date with the regular updates, you are invited you to follow Swifty Global on Twitter, Telegram and LinkedIn. 

For further information on the company’s latest news please see their communication channels:

Swifty Global Website: https://swifty.global
Swifty Predictions Website: https://swiftypredictions.com
YouTube: https://www.youtube.com/channel/UChdeIE9LMHzHDbkuS42IajA
Twitter : https://twitter.com/SwiftyGlobal
Telegram : https://t.me/swiftyglobal
LinkedIn : https://www.linkedin.com/company/swifty-global
Email: hello@swifty.global
Handle: @SwiftyGlobal

Related links:
https://www.otcmarkets.com/stock/DRCR/profile

Source: DRCR 

Forward-Looking Statement
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:

Website: https://swifty.global      
Twitter : https://twitter.com/SwiftyGlobal

FAQ

What is the latest update about Swifty Global and DRCR?

Swifty Global has developed two mobile applications and received its first gambling license. They are preparing for a significant advertising campaign and further license applications.

What gambling license did Swifty Global receive?

Swifty Global received its first gambling license from Curacao, which allows access to a vast market including Europe, Africa, and South America.

What applications has Swifty Global developed?

Swifty Global has developed the Swifty Predictions app for sports betting and the Swifty Wallet for cryptocurrency transactions.

What are Swifty Global's plans for 2022?

Swifty Global plans to launch its apps, continue license applications, and execute a multi-million dollar advertising campaign in 2022.

How does Swifty Global plan to expand its business?

The company aims to grow into a billion-dollar enterprise and plans to up-list on Nasdaq as it achieves growth milestones.