SFLMAVEN CORP - SFLM STOCK NEWS

SFLMaven Corp. (OTC Pink: SFLM) reported total sales of $245,000 for the week ending May 19, 2022, including over $211,000 from Thursday Night Auction sales. Highlights include the sale of a platinum diamond brooch for $7,100 and a gold diamond men's watch for $5,500. CEO Joseph Ladin expressed confidence in a strong Q2 performance, benefiting from increased luxury goods spending and a unique secondary market model. The company is also preparing to launch its metaverse presence soon.

SFLMaven Corp. (OTC Pink: SFLM) reported strong performance in 2022, with topline growth exceeding 20% year-over-year as of May 18. The company noted a nearly 15% increase in total items sold and a 6% rise in average item prices. CEO Joseph Ladin emphasized that supply chain issues were minimal and highlighted the upcoming launch of a metaverse store, aimed at becoming a leader in vintage jewelry in the metaverse. The company aims to replicate the e-commerce boom of 25 years ago, leveraging its unique market position.

SFLMaven Corp. (OTC PINK:SFLM) announced the upcoming launch of its Metaverse Store on May 18, 2022, aiming to expand its digital presence in the luxury goods sector. The CEO, Joseph Ladin, highlighted the company’s strong performance in its vintage jewelry business, projecting significant growth. The Metaverse market could reach nearly $800 billion, as indicated by Bloomberg. SFLMaven aims to position itself as a leader in the vintage digital jewelry market, following other fashion brands into the metaverse. The company has achieved over $140 million in sales since its inception, significantly engaging with customers through eBay auctions.

SFLMaven Corp. (OTC Pink: SFLM) reported positive financial results for Q1 2022, showcasing a 7.5% increase in total revenues to $2.93 million year over year. Total assets surged 140% to $2.4 million, with cash on hand rising 3,814% to $332,000. The company emphasizes its core jewelry business growth and strategic expansion into the NFT digital jewelry marketplace, reflecting a pivot towards the metaverse. With an anticipated launch of their Metaverse Store on May 18, 2022, SFLMaven is positioning itself for further growth and innovation in the luxury goods sector.

SFLMaven Corp. (OTC Pink: SFLM) announced the launch of its Metaverse Store on May 18, 2022, ahead of schedule. This innovative venture marks the establishment of a virtual dealership for high-end vintage digital jewelry NFT items within the metaverse. The company previously acquired real estate in Decentraland and partnered with Metaskins Studios for its design and implementation. SFLMaven has seen significant growth in its core jewelry business, driving over $140 million in sales and earning more than 100,000 positive reviews.

SFLMaven Corp. reported strong preliminary results for April 2022, achieving $1.02 million in revenues, a 23% increase year over year. The company sold 1,189 items, up 13% from the previous year, with an average sales price of nearly $840, reflecting a 10% increase. The month marked significant growth, highlighted by a successful auction generating $240k in sales. SFLMaven's management is optimistic about future growth through initiatives in decentralized finance, NFTs, and the metaverse.

SFLMaven Corp. (OTC Pink: SFLM) has partnered with Metaskins Studios SAS to develop its metaverse presence in Decentraland, aiming to sell high-end vintage digital jewelry items. This innovative step positions SFLMaven as a pioneer in the luxury goods sector within the metaverse. CEO Joseph Ladin expressed confidence in Metaskins' capability to enhance SFLMaven's brand differentiation. The company plans to showcase its extensive eBay merchandise digitally, tapping into the burgeoning metaverse market estimated to exceed $1 trillion annually.

SFLMaven Corp. (OTC Pink: SFLM) reported strong unaudited performance results for the week ending April 21, 2022, with total sales of $273,000. The company's Thursday Night Auction generated over $247,000, showcasing high-value items, including a Chopard necklace and a diamond bracelet. CEO Joseph Ladin emphasized that 2022's momentum has provided strategic opportunities, including plans to accept Bitcoin and enter the Metaverse. SFLMaven has generated over $140 million in sales since its inception, with a robust eBay presence.

SFLMaven Corp. (OTC Pink: SFLM) has announced that CEO Joseph Ladin will voluntarily return 300 million shares of common stock to the treasury. This initiative aims to reduce outstanding shares by 15%, minimizing dilution risk for shareholders. With this proactive step, the company strives to enhance shareholder value amid shifting financial circumstances. Management emphasizes a commitment to a shareholder-friendly approach and suggests more initiatives will be communicated in the future. SFLMaven has a successful history of high-end luxury goods sales, exceeding $140 million since inception.