SFLMaven Continues Plan to Uplist the Company with Acquisition Committee

Rhea-AI Summary

SFLMaven Corp. (OTC Pink: SFLM) announced plans for uplisting and acquisitions, forming a committee of experts to explore opportunities in the NFT and Metaverse sectors. The goals include investigating technologies with revenue potential, potential acquisitions, and filing for patents. CEO Joseph Ladin emphasized the need for unique technologies to attract customers and generate revenue. Additionally, the company is raising capital through a reduced Reg A+ offering to acquire proprietary technology or companies to support its objectives.

Positive

• Formation of a specialized committee to drive exploration in NFT and Metaverse technologies.
• Focus on acquiring proprietary technology, which can enhance revenue generation.
• Capital raised through Reg A+ offering aimed at strategic acquisitions.

Negative

• Reg A+ price reduction may indicate challenges in capital markets.

FORT LAUDERDALE, FL, June 22, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC Pink: SFLM), ("SFLMaven" or the "Company") (www.sflmaven.com), a leading provider of high-end luxury goods, recently announced its plans to begin the process of preparing the company for uplisting and acquisitions. See previous PR Here: SFLM Press Release 6-14-22.

Now the company has placed together a committee of metaverse, technology and business professionals to look into promising technology in the NFT and Metaverse space. The ultimate goal is to:

• Investigate New Technologies with Revenue Potential in NFT’s.
• Explore new technologies relating to Metaverse objects and avatar choices.
• Explore technologies for acquisition or joint venture with exclusivity. 
• Explore acquisition opportunities. 
• Potential file patents and IP protection.

CEO Joseph Ladin added, "We know that as an early adopter into the metaverse space, just being there alone isn’t enough.  It’s about unique technologies that could provide us an advantage in either attracting customers and/or producing revenue". 

As previously mentioned, the company is raising capital through its Reg A+. SFLM recently reduced the Reg A+ price in order to increase capitalization in today's market challenges.

Mr. Ladin recently added: “What's key about us raising capital is using it to acquire proprietary technology or acquisitions of other companies that help enhance our goals and objectives”. This press release is the continuation of those stated goals. 

Look for additional press releases with more details on the plan in the coming weeks and months.

Visit the Company’s eBay store (www.ebay.com/str/sflmavenantiquesjewelryfineart) for more information or to participate in SFLMaven’s upcoming Famous Thursday Night Auction event.

Follow SFLMaven on social media:
Twitter: @sflmaven
Instagram: sflmaven

About SFLMaven
SFLMaven Corp. (OTC Pink: SFLM) is a premium provider of high-end luxury goods to a global base of discerning patrons. Famous for its Thursday Night Auction events on its top-rated eBay store, SFLMaven has driven over $140 million in sales since inception, earning more than 100k positive reviews along the way.

For more information, please visit the Company's website at www.sflmaven.com.

FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words 'believes,' 'expects,' 'intends,' 'plans,' 'anticipates,' or 'may,' and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SFLMaven, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SFLMaven's future results. The forward-looking statements included in this press release are made only as of the date hereof. SFLMaven cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SFLMaven undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SFLMaven.

Corporate Contact:
info@sflmaven.com

FAQ

What is SFLM's strategy for entering the Metaverse sector?

SFLMaven plans to form a committee to explore technologies in the NFT and Metaverse space, focusing on revenue-generating opportunities.

How is SFLM raising capital for its growth initiatives?

SFLMaven is raising capital through a reduced Reg A+ offering to facilitate acquisitions and technology development.

What are SFLM's long-term goals?

The long-term goals include uplisting, pursuing acquisitions, and leveraging unique technologies for competitive advantage.

Who is involved in SFLM's committee for technology exploration?

The committee consists of metaverse, technology, and business professionals tasked with investigating promising technologies.

When can we expect more details regarding SFLM's plans?

SFLMaven plans to release additional press releases with more details in the coming weeks and months.