Leading provider of high-end luxury goods, SFL Maven Corp (OTCMKTS:SFLM), on September 29, 2022, announced that it was a banner year in sales.
Trading Data
On Thursday, SFLM stock ended flat at $0.0007 with more than 4.83 million shares, compared to its average volume of 14.15 million shares. The stock moved within a range of $0.0007 – 0.0007 after opening trade at $0.0007.
SFLMaven Continues to Impress with Growth and Sales Numbers
The company clocked more than $7.8 million in sales in the calendar year to date. One of the most prominent and highest-rated stores on eBay, SFLMaven has also opened a Metaverse store in Decentraland. Furthermore, it has filed a provisional patent for a technology named HoloGlow.
If approved, SFLMaven can give companies ways to demonstrate the value of NFT wearables in a visual interface. Lately, SFLMaven has witnessed impressive sales numbers, with over 103,000 positive feedbacks at a 100% positivity rate,
The recent Metaverse store opening will help SLFMaven to have higher revenues than before. With the potential for more licensing revenues from pending patents, it is promising for the firm’s projected revenue. Hologlow can be a massive boon for the Metaverse community enabling players to see the value of NFTs.
Joseph Ladin, CEO believes that the company is on an upwards trajectory, with no sign of slowing down. Ladin added that the continued growth as well as incredible sales numbers make the company well-positioned for greater success in the coming year. He also said that the potential additional revenues from pending patents make for bright possibilities for the firm.
Key Quote
“I believe SFLMaven is on an upwards trajectory, with no signs of slowing down. Thanks to its continued growth and impressive sales numbers, the company is well-positioned for even more success in the coming year. And with the potential for additional revenue from the pending patent, things are looking very bright for SFLMaven indeed” – Joseph Ladin, CEO.
Technical Data
SFLM stock is trading below the 20-Day and 50-Day Moving averages of $0.0008 and $0.0008 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0011. The company has a total market capitalization of $1.01 million.
