DINEWISE INC - DWIS STOCK NEWS

Dinewise, Inc. (DWIS) reveals a 90-day plan focusing on market expansion, product innovation, digital transformation, operational improvements, and enhancing customer experience. The company aims to boost revenue, reduce debt, secure a credit facility, and strengthen its position in the FinTech industry. The plan includes strategic priorities and financial goals to drive sustainable growth and shareholder value.

Dinewise, Inc. (OTC PINK:DWIS) reported a net income of $217,264 for the year ended December 31, 2022, significantly up from $77,973 in 2021, marking a growth of $139,291. This increase in income is attributed to a rise in loan volume through its portfolio companies, with a remarkable 100% increase in revenues. The upcoming year looks promising, with PawnTrust projecting to triple its revenue in 2023 as it expands its marketplace for pawn shops. For full financial details, visit here.

Dinewise, Inc (OTC PINK:DWIS) has signed a multi-year contract with Cloud Revolute Inc, focusing on Information Technology Managed Services to enhance the PawnTrust Marketplace. This agreement aims to digitize the pawn industry, allowing consumers to receive bids from multiple pawn shops for loans. Following the launch of PawnTrust, which connects local pawn shops to a national digital marketplace, the company anticipates generating over $10 million in revenue within the first year. The platform utilizes AI technology for inventory management and aims to transform the consumer experience in the pawn sector.

Dinewise, Inc (OTC PINK:DWIS) has commenced the development of the 'Pawn It' feature, enabling online pawn transactions and broader access to collateral loans across the United States. This initiative follows the recent launch of the 'Buy It' marketplace, enhancing PawnPartners' ability to expand their market reach. Consumers will have the convenience of submitting loan requests online, with items verified by experts before payment is processed. The expansion leverages Artificial Intelligence to streamline processes, promising increased transparency and privacy in the growing online pawn industry.

Dinewise (OTC PINK:DWIS) announced the early launch of its AI-powered online marketplace, PawnTrust, responding to positive demand from local pawn shops. Contracts with pawn partners in metro Atlanta will display their inventories on pawntrust.com. The platform aims to enhance shopping convenience and accessibility while leveraging AI technology for quick product identification and description generation. With historically significant profit margins, PawnTrust enhances revenue potential for local pawn shops. The launch is expected to positively impact the company's revenue projections for the year, according to Director Christina Moore.