Dear Cashmere Holding Company known as Swifty Global (Swifty. The company has developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions. Swifty holds UK and Curacao gambling licenses, with further licenses pending in several countries. Now, the company has received its coveted GLI License, which allows it to launch its Swifty Predictions swipe betting application (app).

The GLI License is a requirement to operate in the highly regulated gambling market as it confirms that the product has been successfully tested and is certified to be legally scalable and compliant according to the relevant country regulations. Swifty is not only a gambling business but also a software technology developer and provider. The company develops its own software and is able to share revenues with other betting companies, giving it a huge advantage over other betting applications. Swifty's technology has its own unique built in Artificial Intelligence (AI)and the added GLI compliance now means that Swifty will be able white label its app for other gambling companies to use in their markets where they have relevant licensing.

This will significantly speed up the Swifty rollout. Cost effective, certified technology, and licensing are the most challenging requirements of any gambling business. Swifty has successfully overcome these challenges in just over a year and the company is now fully operating in its first jurisdiction and is in a perfect position to roll out into other territories. Swifty will operate a dual attack strategy where it will either operate its own software in strategic territories where it has its own licenses or has applied for licenses, and it will simultaneously license the technology to other betting companies in other markets where the partner already has the relevant required gambling license but not the ability to have developed their own innovative betting software application. A further exciting development for Swifty is that the company has obtained seven further key personnel as wellas a large book of prestigious VIP clientele.

As a result, Swifty is progressing with a lucrative VIP sportsbook and casino offering which is due to go live in the coming month. The online casino complements the Swifty Predictions app, has an extensive existing VIP client base, and is expected to generate substantial revenue for Swifty. It will support all major sports and will be available in the majority of countries.

The online platform is ready for launch pending KYC integration. As a brand, Swifty now has several vital payment gateways, licenses, and offerings available and is fully operational with its core technology development team based in Dubai and Eastern Europe. Its technology development team combines forces with Swifty's highly experienced gambling team based in Leeds, United Kingdom, where the team houses over 150 years of combined relevant experience that is critical to the ongoing growth of the company. Given the high scalability of Swifty's business and technology, its management team are seeking acquisition targets and strategic partnerships, with the goal of targeting a$1billionvaluation within a couple of years.  Swifty is nearing its audit completion and is expected to file its Form 10 by late summer to become fully reporting with a name and ticker change to follow thereafter. Swifty confirms that it is cancelling more than 15 million outstanding shares. This has been approved and the company is completing its legal documentation and process with the transfer agent.