SFLMaven is a "beyond well-established" [company's description] jewelry business which has operated successfully on eBay since June 2003 - 18+ years. It effectively went public when acquired by the former ticker $SKDI in October 2020. At the same time, $SKDI divested itself of Hakuna [sold as a going concern for $350K] and Numuni [which will now repay monies advanced to it in a note to $SFLM for $200K]. CEO of SFLMaven became CEO of $SKDI wef October 12, 2020. Significant further information about the success to date of SFLMaven and plans ahead have been given in 11 x videos to date. The CEO has confirmed that there will be no reverse stock split and that the company has a very tight public float. On / around February 18, 2021 the company applied for a name change of the then current ticker $SKDI to "SFLMaven" and a ticker change - approval was expected by mid-April but was completed over 2 weeks early. The name "SFLMaven" and ticker "SFLM" came into effect March 30, 2021. The name and ticker change went through extremely quickly as FINRA requested all filings going right the way back to initial incorporation in 1980 and the company's very professional back office was able to provide it within 30 minutes. $SFLM is now re-focused on a serious revenue generating business and - having divested itself of non-core businesses - is set to deliver shareholder value. SFLMaven has now retained a professional Investor Relations company. SFLMaven has now also retained a brand building Public Relations company. SFLMaven now also sells at 1stDibs. ---------------------------------------- Future Intent - Revamp Corporate image. - Increase exposure in luxury markets as a whole. - Increase inventory to increase sales volume. - Increase in revenue of 30% in 2021 over that of 2020 - already achieving 42%. - Build out own professional on-line retail site - already being worked on. - Start holding investor events as soon as permitted. - Increase shareholder trust by delivering dependable growth month after month and Q after Q. - Deliver "fantastic shareholder value". - Emphasize differentiation from other OTC companies - get the word out that it is an undervalued "diamond in the rough" that already keeps cranking out $Ms in revenue month over month. - Diversify over more platforms. - Start a Non-Fungible Token (NFT) Division. - Already signed first renowned NFT artist - draws live crowds up to 30,000 people [source: PR dated October 15] and a second NFT artist. - Plans to recruit local NFT artists to expand Nationwide. - Develop a Collectibles Marketplace Strategy by acquiring around 7 x collectible companies - and grow using proven business model - to same revenue level as original SFLMaven - see more detail in specific section below. - In the longer term, looking to acquire 8-10 collectibles companies over 5 years. ------------------------------------------ Key Extracts - Company Shareholder Presentation - June 2021 Version Corporate Overview - SFLMaven is a premium provider of high-end jewelry through its top rated eBay store. - Over $130M in sales since 2003. - 99.9% Positive Feedback. - An Elite eBay Store: prestigious "Top Rated Seller" badge with established eBay corporate relationships - known for its "Famous Thursday Night Auctions". - Robust Financial Profile: $2.7M in sales in Q1 2021 alone. - Demand Inelastic Industry: given vast demand and efficient nature of "no reserve" auctions, supply is the only constraint - "if you list it, they will come". - Proprietary Dealer Network: significant competitive advantage from trusted dealer network that procures pre-owned items from consumers. - Revenue Growth Drivers: improved capitalization as public company expected to drive increasingly large weekly auctions. - Strong Macroeconomic Tailwinds: operates at intersection of the growing jewelry and E-commerce markets, benefitting from recovering economy. Jewelry Market Opportunity - Refer to the Company Shareholder Presentation for detail. E-commerce Market - Refer to the Company Shareholder Presentation for detail. SFLMaven brings these two profitable markets together on eBay - the world’s largest auction marketplace. In 2019, about 65% of gross merchandising value came from repeat sellers. Unique model incentivizes consumers to transact by making the process quick and easy, unlocking a vast quantity of desirable, high quality, pre-owned luxury goods. Inspection - Builds trust in buyer base by thoroughly inspecting the quality and condition of every item and putting every item through a full authentication process. - This trust drives repeat purchases from buyer base and instills confidence in first-time buyers to purchase pre-owned luxury goods from SFLMaven. E-commerce Sales - Items are marketed globally for auction on eBay to a robust database of new and returning customers built over 20 years in business. - Items are concurrently listed on multiple social media channels and promoted through additional advertising to drive bidding wars. Growth Strategy - SFLMaven primarily operates "no reserve" eBay auctions. - Given eBay’s vast reach and the efficient nature of online marketplaces, supply will almost always be sold in the vicinity of a fair market price. - Due to this effect, product supply is the only constraint to growth, as demand is nearly infinite. - To grow sales, SFLMaven simply needs to expand product sourcing capabilities to obtain more jewelry at fair prices. - SFLMaven is currently pursuing the following: -- Expansion of dedicated dealer network. -- Development of online product sourcing capabilities.
$SFLM - SFLMAVEN is on its way to becoming the Amazon of collectibles marketplace. It is also working to create and own as much NFT as possible! Also got some Amazing artists to work with it! I bet the company is cooking something big!
On the Thursday night auction of SFLM on eBay, they sold $264k, amassing $302k for the week! I think the upcoming Christmas auction gonna cross the highest sale amount of this year. Now waiting for their stock prices to go up. Keeping Eye on their eBay store for the upcoming Auction. http://ebaystores.com/sflmavenantiquesjewelryfineart
SFLMaven, Inc has recently launched the Collectibles marketplace strategy, allowing it to break into new markets such as NFTs, baseball cards, and handbags, amongst others, and thus bringing more value to their customers and stockholders. "We like to think of ourselves as the year-round Cyber Monday of fine jewelry. Customers are getting exactly what they are looking for but at a market value price point." Says SFLMaven's CEO Joseph Laden. https://thewisemarketer.com/retail/...-the-year-round-cyber-monday-of-fine-jewelry/
The “Amazon of Collectibles” is Ready for NFTs!! $SFLM has gotten a grasp of the broader NFT marketplace and enters the massive NFTs market! I'm thinking this will be a catalyst for growth and the company is set to hit another spike.
$SFLM plans to build its own Amazon-style online collectibles marketplace! Also. it's making agreements with artists to publish NFT! Many things to make this stock Bullish.
$SFLM A leader in auctioning specialty items, SFLMaven is bringing unique digital collectibles to the marketplace and creating its own Amazon ( $AMZN ) style collectible marketplace. SFL Maven has an impressive NFT strategy we all can appreciate. Investors who are keeping an eye on luxury goods stocks and diving into them can add $SFLM to their watchlist! Adding $SFLM to the portfolio now would be a wise move.
$SFLM is the one to watch for 2022. From a successful track record of success to expanding into NFT'S AND beyond. So so under the radar!!!
SFLMaven is ushering in a new era of online collectibles. With sales in excess of $130 million, $SFLM has shown significant revenue growth prospects. More investors are getting interested to keep $SFLM on their watchlist! SFLMaven's collectibles marketplace strategy is filled with energy and poised to take off. The company's foray into NFTs has piqued the interest of investors.
