NAPLES SOAP COMPANY INC - NASO STOCK NEWS

Naples Soap Company relocates its store to The Market Shops in Miramar Beach, Florida, aiming to cater to the seasonal tourist influx in the area. The new store offers premium skin and hair care products made with natural and organic ingredients, including soaps, body butters, scrubs, and bath bombs.

Naples Soap Company, Inc. appoints Ira Miller, a renowned entrepreneur and venture capitalist, to its Board of Directors. Miller brings vast experience in finance, venture capital, and sports entrepreneurship, potentially driving growth and strategic initiatives for the Company.

Naples Soap Company, Inc. (NASO) reported preliminary unaudited 2023 revenues of $12.3 million with over 70% gross margins. Growth initiatives for 2024 include focusing on ecommerce & social media sales, launching new product lines in athletics & pet care markets, and creating private label products with athletes & celebrities.

Naples Soap Company, Inc. (OTCQB: NASO) announces a renewed partnership with Zone Capital Partners to elevate the company to a superior exchange, showcasing its growth and potential in the skin care industry. The collaboration aims to enhance shareholder value and explore opportunities for uplisting to a larger exchange, although there is no guarantee of such an uplisting.

Naples Soap Company, Inc (OTCQB: NASO) has received board approval to sell up to 50,000,000 shares of Common Stock to accredited investors at a price of $0.04/share. The net proceeds will be used to expand B2B sales channels, enhance e-commerce efforts through website upgrades, AI integration, and expanded marketing efforts. Founder & CEO Deanna Wallin stated that the funding will make the company more efficient, expand the brand, and help reach broader audiences.

Naples Soap Company, Inc (OTCQB: NASO) experienced record sales during Thanksgiving, Black Friday, and Cyber Monday. Black Friday in-store sales set an all-time one-day sales record, increasing by 63% over last year. Same-store sales also rose by 14%, and Black Friday E-Commerce order count increased by 15%. Cyber Monday E-Commerce sales rose by 61%, with a dramatic order count increase of 133%. Overall, E-Commerce sales for the 5-day period increased by 25%, and the order count rose by 60%. Naples Soap significantly outperformed the national average for Black Friday and Cyber Monday sales. Deanna Wallin, founder and CEO, credits the success to the entire team, channel partners, supply chain, marketing, and product quality, expecting a strong Christmas season and a successful year-end.

Naples Soap Company (NASO) Founder and CEO purchases 1,666,667 shares at $0.03 per share, showing confidence in the company's future. The company recently uplisted to the OTCQB® Venture Market and has expanded its geographic presence in Florida. The holiday season is expected to be busy with new product launches and an expanded assortment of gift sets.

Naples Soap Company, Inc (OTCQB: NASO) has successfully uplisted and begun trading on the OTCQB Venture Market. This allows investors to trade transparently in entrepreneurial and development stage companies. The uplisting provides increased transparency, liquidity, and visibility within the U.S. investment community.

Naples Soap Company expands wholesale product line, resulting in a 4% increase in profit margin. Plans to offer similar savings to wholesale clients, helping them achieve 70%+ margins. Solid results seen with wholesale buyers.