NEW YORK, NY, April 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Dear Cashmere Holding Company (OTC:DRCR) also known as Swifty Global (Swifty), is a cutting-edge technology firm focused on creating ground-breaking solutions in the sports betting sector. Swifty aims to drive shareholder value through accelerated innovation and enhanced usability of the products the company develops. With licenses spanning several global jurisdictions, Swifty has successfully brought to market a revolutionary suite of offerings. This includes the company's proprietary swipe betting sports prediction application, as well as its traditional sportsbook and casino gaming platforms. Swifty Global is pleased to announce the completion and publication of the company's annual return disclosure for 2023, now available on the OTC Market Website. Swifty recorded a company record revenue of $128,886,432 and returned a net profit of $2,442,802 for the year, an achievemnt made even more impressive by the significant expenses and investments in product development and licensing fees made throughout the year. The company has achieved extraordinary organic growth with minimal debt and now has shareholders' equity of $5,473,198. The 2023 results position Swifty in a very strong financial position, from which it can continue to grow and expand exponentially into 2024. Swifty has continued its focus on international growth and expansion by rolling out its Software-as-a-Service (SaaS) B2B gaming platform along with securing successful partnerships in Ireland with licenses also pending in additional jurisdictions, including South Africa and Malta. The impressive results from 2023 have provided Swifty with a solid platform for transitioning to a major national exchange, and following today's record results, Swifty is pleased to announce that it is in the final stages of discussions and negotiations to enter into a reverse merger with a company listed on a national exchange. This transition from the OTC market to a major exchange will enable the company to unlock ...