SeanieMac International Updates on 4th Q, 2016 and 1st Q, 2017 Revenues
March 29 2017 - 09:32AM
InvestorsHub NewsWire
SOURCE: SeanieMac International, Ltd.
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HUNTINGTON, NY--(NewMediaWire - Mar 29, 2017) - SeanieMac
International, Ltd. (OTC PINK: BETS) announced preliminary results for their
4th quarter. For the 4th quarter turnover revenue was in excess of
$3.3 million and gross profit was in excess of $250,000 (US). We
reinvested all of our gross profit into acquitting additional
customers to our platform. Turnover revenue in the first quarter is
projected to grow to $6.7 million. With continued access to funding
we believe we can sustain this growth into the 2nd quarter.
About SeanieMac
SeanieMac Limited is an Irish gaming company. It owns and operates
"www.SeanieMac.com", an online sports and casino wagering web-based
platform serving gamblers directly under the brand name
SeanieMac.com.
Safe Harbor Statement
This news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or
uncertainties materialize or such assumptions prove incorrect, the
results of SeanieMac International, Ltd. and its consolidated
subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including but not
limited to statements regarding our expectations regarding amounts
staked and gross profits and our marketing initiatives. Such risks
and uncertainties include, among other things, the uncertainty
regarding consumer preferences, a decline in the popularity of our
website and competition in the online gambling industry. SeanieMac
assumes no obligation and does not intend to update these
forward-looking statements.
A further description of risks and uncertainties can be found in
SeanieMac International, Ltd.'s Annual Report on Form 10-K for the
fiscal year ended December 31, 2015 and in its reports on Form 10-Q
and Form 8-K.