OTC:DRCR, Deer Cashmere Holding Co aka SWIFTY GLOBAL Expands their Product Development Team
October 15 2021 - 9:14AM
InvestorsHub NewsWire
NEW YORK, NY -- October 15, 2021 --
InvestorsHub NewsWire
-- Deer Cashmere Holding Company (OTC:
DRCR) aka Swifty Global, is a
technology company focused on creating ground breaking solutions in
the Financial and Sports Betting Sectors. The company has developed
2 highly sophisticated mobile applications in sports predictions
and a digital wallet encompassing Artificial Intelligence (AI) and
Crypto / Blockchain. The technology behind the apps has patents
applied for. While the company eagerly waits for its imminent
gambling licenses, Swifty is preparing to launch the product during
Quarter 4 of 2021, initially on a country-by-country basis and on a
global basis through
2022.
The apps all work symbiotically and seamlessly,
paving the way for future applications in the Swifty ecosystem that
are being uniquely developed to enhance the user operability of
several modern day financial applications, tasks and
interests.
The company is lead by Chief Executive Officer
James Gibbons from the UK based in Dubai. James is at the forefront
of technology globally, having developed “consumadeal”, a
forerunner to Groupon, and sold it to a US software house who
rebranded it and there after was an instrumental part of the
Development team who developed the Abu Dhabi Global Markets (Stock
market) and the Dubai Financial Services Authority, followed by his
last role as Senior Director of Digital Experience at the Dubai
Expo 2020 which is the largest exhibition in the world running for
6 months which demonstrates the most advanced IT, AI and Digital
technology ever seen globally. James has been running teams of
hundreds of developers and contractors for the past decade
delivering some of the most advanced financial and capital markets
technology and digital experience
applications.
The company develops the apps and technology
in-house with its development team primarily in Dubai. Technically,
the team currently consists of 10 full time developers and is
expected to double over the coming 6 months and is supported by a
number of expert freelance developers and administration support
staff. The majority of the team have been selectively recruited,
and have world specialist skills with experience working in major
financial software houses such as Accenture on high pressure high
performance global projects, many of them having worked with James
for the past
decade.
In addition to the additional 10 developers that
will be recruited over the coming 6 months, Swifty will recruit up
to 50 back office staff over the coming 6 to 12 months globally to
cover all the time zones as the global rollout occurs. These roles
include marketing, compliance, customer service, legal and trading
desk. The company buys in the data feed and risk profiling from one
of the world’s leading sports data providers which includes more
than 7,000 leagues including NFL, NBA, NHL, MLB. Additionally in
the near medium term the company will offer predictions on
lifestyle betting such as signing competitions, dance shows,
reality TV shows and more as well as allowing users to create their
own peer to peer bets, betting against each other; and for
this there is very little live data available, so the company will
develop its own data with the help of AI, in-house statisticians,
in-house risk profiling and its own trading
desk.
Over the coming months the company will also be
recruiting and strengthening its board of directors in preparation
of it grooming itself for the big boards. Negotiations are already
underway with 2 highly experienced and well-known potential board
members in this space and we hope to conclude agreements with them
over the coming
quarter.
The company is expecting its first gambling
licenses to be approved very shortly, while there are several more
licenses for other territories under way including several USA
states, which will be on going through 2022 as each state is
approved. The company is expecting to release news very soon laying
out details about the licensing and first license approval as well
as official invitation for the public to pre-register for its
public beta
testing.
SWIFTY CEO James Gibbons commented: “We are
creating world class products with unicorn potential and for that
we must build one of the best teams and boards in the world by only
hiring the best of the best. People who are not scared to break
boundaries and find ways to deliver the seemingly impossible. We
are successfully creating the Ferrari of development teams and now
we will do the same with our back office and board of directors.
The team is out performing every expectation at the moment and I’m
looking forward to the current recruitment
drive.”
The company has achieved and is achieving
milestones on a daily basis now as momentum grows; the updates will
be released over multiple news and PR releases now that the
products are close to release. We invite you to follow us on
Twitter, Telegram and Linkedin for regular real time
updates.
For further information on the company’s latest
news please see their communication
channels:
Website: https://swifty.global
Twitter :
@swiftyglobal
Telegram :
@swiftyglobal
Email:
hello@swifty.global
Related
links:
https://www.otcmarkets.com/stock/DRCR/profile
Source:
DRCR
Forward-Looking
Statement
Certain information set forth in this press release
contains "forward-looking information", including "future-oriented
financial information" and "financial outlook", under applicable
securities laws (collectively referred to herein as forward-looking
statements). Except for statements of historical fact, the
information contained herein constitutes forward-looking statements
and includes, but is not limited to, the (i) projected financial
performance of the Company; (ii) completion of, and the use of
proceeds from, the sale of the shares being offered hereunder;
(iii) the expected development of the Company's business, projects,
and joint ventures; (iv) execution of the Company's vision and
growth strategy, including with respect to future M&A activity
and global growth; (v) sources and availability of third-party
financing for the Company's projects; (vi) completion of the
Company's projects that are currently underway, in development or
otherwise under consideration; (vi) renewal of the Company's
current customer, supplier and other material agreements; and (vii)
future liquidity, working capital, and capital requirements.
Forward-looking statements are provided to allow potential
investors the opportunity to understand management's beliefs and
opinions in respect of the future so that they may use such beliefs
and opinions as one factor in evaluating an investment. These
statements are not guarantees of future performance and undue
reliance should not be placed on them. Such forward-looking
statements necessarily involve known and unknown risks and
uncertainties, which may cause actual performance and financial
results in future periods to differ materially from any projections
of future performance or result expressed or implied by such
forward-looking statements. Although forward-looking statements
contained in this presentation are based upon what management of
the Company believes are reasonable assumptions, there can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. The Company
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change
except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking
statements. The Securities and Exchange Commission ("SEC") has
provided guidance to issuers regarding the use of social media to
disclose material non-public information. In this regard, investors
and others should note that we announce material financial
information via official Press Releases, in addition to SEC
filings, press releases, Questions & Answers sessions, public
conference calls and webcasts also may take time from time to time.
We use these channels as well as social media to communicate with
the public about our company, our services and other issues. It is
possible that the information we post on social media could be
deemed to be material information. Therefore, in light of the SEC's
guidance, we encourage investors, the media, and others interested
in our company to review the information we post on the following
social & media
channels:
Website: https://swifty.global ;
Twitter : https://twitter.com/SwiftyGlobal
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