mySWOOOP | Updates

By Jan-Lucca Sielski

mySWOOOP continues growth course

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Dear Companists,

At the end spurt of our campaign we would like to report back with good news and give an outlook on upcoming exciting developments at mySWOOOP.

 

Continuously good performance in July

Following last week's announcement of the very positive sales trend of June, we are very pleased to report a continuation of the strong performance for the current sales figures in July.

Despite the holiday and vacation period that has now begun in many German states, we are still on a growth course and are confident that we can continue to grow as planned this month and increase our overall performance compared with the previous month.

In addition to the progress already reported in recent updates regarding the expansion of our stationary purchasing partnerships and the optimization of our online business, increasing purchasing volumes in our B2B segment also represent decisive drivers of sales growth.

 

mySWOOOP’s next steps

What's next? Naturally, this is the next open question which we will answer in the following.

Our basic direction is clearly defined as communicated during our campaign and with the corresponding updates and our entire mySWOOOP team is committed in pursuing it. Considering our overriding goal of quickly reaching breakeven, our measures focus on expanding our main purchasing channels in order to gradually increase the purchase and thus also the required sales volumes.

These activities, in particular, offer great potential for long-term cooperation and partnerships of enormous scope, which could boost our speed of expansion many times over within a very short period of time.

We also consider the opportunities in Blockchain and Equity Token Offering (ETO) described in Update 6 to be extremely promising, as the ETO platform Neufund has also recently announced significant progress and decisive new partnerships, including with the Malta Stock Exchange.

 

Finally, we would like to thank all the Companists we have gained as investors. We are looking forward to the future with you and the many exciting projects and tasks that lie ahead of us.

 

Best greetings,

Jan-Lucca



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