LQR House Inc (LQR) News

Bullish

LQR House Inc. Announces 540% Year-Over-Year Revenue Growth for August 2024

https://www.nasdaq.com/press-release/lqr-house-inc-announces-540-year-over-year-revenue-growth-august-2024-2024-09-04
PUBLISHED
SEP 4, 2024 8:45AM EDT
MIAMI, FL / ACCESSWIRE / September 4, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is pleased to announce a significant 540% year-over-year increase in revenue for the month of August 2024, compared to the same period in 2023.

In August 2023, LQR House reported revenues of $38,425.00. Fast forward to August 2024, the Company experienced an impressive revenue surge, reaching $246,005.12.

Sean Dollinger, CEO of LQR House, commented, "We believe that the partnerships we've forged have been instrumental in propelling our revenue to new heights. By leveraging influencer-driven content, we've successfully increased traffic to our platform, CWSpirits.com in August 2024 comparing to August 2023. Additionally, we believe that the introduction of even more mainstream inventory has further fueled sales growth. We're particularly excited about the expansion of the SWOL Tequila brand into new markets, and we remain committed to building on this momentum as we continue to scale."

LQR House continues focusing on strategic partnerships and expanding product offerings positions aiming for sustained growth in the competitive spirits and beverage industry.

About LQR House Inc.

LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in an e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. Forward-looking statements contained in this press release are made only as of the date of this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the United States Securities and Exchange Commission (the "SEC"). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the headings "Risk Factors". Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.

Investor and Media Contact:info@lqrhouse.com

SOURCE: LQR House Inc.

It is here.

Sure thing.

Thanks!😁

Why would it delist? They haven't even received notice of non compliance from Nasdaq yet. They get 6 months to cure and then another 6 month extension. They literally have until June of 2025 before this becomes an issue.

Is this going to delist?

Delisted yet ?

I want bunches!

LQR is the obvious name for liquor being drunk by shareholders .

GOOD NEWS GOES RED, WHEN STOCKS HAVE BAD NEWS THEY GO DEEP GREEN

RS
BK
DELIST
WORK FORCE CUT

GO GREEN

SMH

Great news

Thanks for sharing

Ec

$LQR NEWS https://www.accesswire.com/839275/lqr-house-inc-announces-a-350-percent-year-over-year-revenue-growth-in-february-2024

LQR: effective March 4,2024 a 3 for 2 forward split:

https://hedgefollow.com/upcoming-stock-splits.php

Must of hit a circuit breaker

It stopped trading


Ec

it's trading ex-dividend

I received my free shares this morning

To bad price is correcting according to market sentiment

Ec

https://www.otcmarkets.com/stock/LQR/news/story?e&id=2771322

Even

Add divvy of airbags all around shares holders automobiles . Expect CEO to smash yours . lol

Buy all you can before it's to expensive

Ec

price should creep up

buy all you can

everyone get 1 share for every 2 shares you own

cut off date next monday

ec

No just helping out

ARE YOU THE LQR IR?

Should trade better closer to record date.

MIAMI BEACH, FL / ACCESSWIRE / February 1, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, announces the declaration by its Board of Directors of a 50% stock dividend (i.e., issuance of one additional share for each two shares held by a shareholder on the record date) for distribution to all of the Company's shareholders of record at the close of business on February 12, 2024. The Company's Board of Directors declared the dividend at a follow-up meeting board meeting to discuss a previously proposed cash dividend of up to $1 per share and reflects the Board's commitment to shareholder value and its belief in the Company's prospects.

Sean Dollinger, CEO of LQR House, stated, "We believe that the Board's unanimous decision to declare this stock dividend demonstrates our commitment to rewarding shareholders. Despite the deferral of the earlier proposed dividend, our dedication to giving back to our supporters remains unwavering. The Board reconvened on January 30th with the shared goal of showing appreciation to those who have stood by us. Importantly, this stock dividend will have no dilutive impact on LQR House's current shareholders." Doog Dollinger😁 further affirmed the Company's principle of honoring commitments, stating, "At LQR House, we intend to uphold our promises and consistently deliver on our commitments. We believe that this stock dividend is a testament to our gratitude for the ongoing support from our shareholders."

just spiked to 2.50, maybe can close green?

its brutal, then when they do this people sell, the mm's load, and few days later 4am-7am the run it back up

wash
rinse
repeat


they WIN= $$$

This is one of the most abused stocks I've seen.

$LQR 2.75 (50MA) HIT 3.40 PRE-MARKET
https://stockcharts.com/h-sc/ui?s=LQR

Absolutely no offerings planned. No need

Almost 4 years of cash. It's much more because their money market account is kicking off 30k months in interest.

company is in a decent cash position BUT
what do you think about these?

Underwritten S-1 157,142,857 0.07 0 $11,000,000 EF Hutton 2023-11-10 0:00
Underwritten S-1 28,421,053 0.19 0 $5,400,000 EF Hutton, Benchmark 2023-10-13 9:05

$LQR Cash Position

The company has 45.9 months of cash left based on quarterly cash burn of -$1.14M and estimated current cash of $17.4M.
https://dilutiontracker.com/app/search/LQR


Message in reply to:
LQR 50 percent stock dividend.
https://www.accesswire.com/830008/lqr-house-announces-declaration-of-a-50-stock-dividend?s=09

Shorts are criminals. They wash shares back and forth moving stocks wherever they want.

whats crazy is LQR and blbx low float with news, but flat

and minm flying

just like you said what should run doesnt and what shouldnt does

#topsyturvy

Hold on tight

Short squeeze coming

Everyone is going to get 1 share for every 2 shares you own

Close out date Feb 12th

https://www.otcmarkets.com/stock/LQR/news/story?e&id=2755504



Ec

LQR 50 percent stock dividend.
https://www.accesswire.com/830008/lqr-house-announces-declaration-of-a-50-stock-dividend?s=09

https://finviz.com/quote.ashx?t=LQR&ty=c&ta=1&p=d

$LQR taking off

Naked shorting, creation of synthetics is a crime. The SEC sees nothing though.

Totally rigged market. Retail investors are screwed so far.
Maybe Evergrande and Country Garden will help. Eh~?
Cracks beginning to form, no~?

Yeah, I agree. They should not be allowed to trade stocks if they hold public office.

True but you also must understand that you also have the opportunity to short stocks and if you make money on it then it's not so much of a crime right

hell! why do you think these punks in office are multi millionaires on a 250k salary

Please make sure you hold your shares in a TYPE 1 CASH account. Make sure your account is not approved for share lending.

All retail investors are in this war. Maybe Wes Christian should look into Judge Schfeild's ruling as well.
$LQR is a mirror of many tickers, like $AMC and $GME. Algorithm programmed in exactly the same way.

Even with "good news" they will continue the attack. Regulators and our watch dog do NOTHING.

Thomas Jefferson was right way back in the day. Banks are worse than armies.

GLTA

Yowza…..126.375% borrow interest rate

Thank you.

To all $LQR retail investors and CEO Sean Dolinger.... please Google Robinhood lawsuit against seven brokers. Then look up Judge Lorna Schofield Southern District of New York. Read her ruling.
All of this dated January 8th 2024.

Her ruling is the first major step in protecting retail investors and opens the door to get discovery on all trades after they have been routed.

EOM

Government has been watching this for decades. The regulators, FINRA and the DTCC are the banks.
World Bank is controlled by US Banks.
Corruption goes world wide.
CDEL and Virtu. Kenny and Dougie along with ISDA Banks are helping hedge funds, family offices, and themselves to shorting/naked shorting many tickers.

If not for being exposed 4 years ago with $GME it would be just them saying naked shorting doesn't exist. BUT IT DOES.
Sean could only say so much.
Good guy, and the company seems sound.
So why is the share price being taken down and smashed like so many other tickers~?

Only those perpetrating this crime can say.

He has all my support, he's bringing the company to the right direction, this could potentially turn it to a billion dollar value company and eventually get offers to be bought.

$LQR