HALLMARK VENTURE GROUP, INC. ANNOUNCES INITIAL HOLIDAY PERFORMANCE

Rhea-AI Summary

Hallmark Venture Group (OTC:HLLK) reports strong initial holiday performance through its subsidiary Jubilee. For the week ending November 24, 2024, gross sales reached $54,662, with weekend sales accounting for $30,065. The company saw a dramatic 585% increase in gross revenue from October ($33,952) to the first 25 days of November ($195,408). This growth is attributed to investments in scaling and automation. The company expects continued revenue growth during the holiday shopping season.

Positive

• 585% month-over-month revenue growth from October to November
• Strong holiday weekend sales of $30,065
• November sales reached $195,408 in first 25 days
• Successful implementation of scaling and automation investments

Negative

• None.

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LAS VEGAS, Nov. 27, 2024 /PRNewswire/ -- Hallmark Venture Group, Inc. (OTC:"HLLK" or the "Company") announces today that its initial holiday revenue performance has exceeded expectations.

Jubilee's sales revenues have been driven by decisive investments in scaling and automation which has led to the Company's UNAUDITED internal sales outperforming in the near term.

For the Week ended November 24, 2024, including the busy weekend shopping period, the gross sales revenues were $54,662. For Saturday and Sunday alone, the gross sales revenues were $30,065.

Since becoming a wholly owned subsidiary of the Company, Jubilee has consistently improved its revenue, with $33,952 in gross revenue generated for the month of October, compared with $195,408 for the first 25 days of November, a 585% increase.

Juan Pablo Desilva, Chief Operating Officer, stated "we don't generally comment on projections, but we anticipate this holiday shopping season to really ramp up our revenue, primarily due to the investments we have been able to make in scaling and automation. The investments we've made have had a direct positive impact on our top line revenue."

About the Company

Hallmark Venture Group, Inc. (OTC: HLLK) is a leader in the digital marketing space, specializing in machine learning and AI to automate and optimize ad campaigns. The company's platform delivers real-time insights, ensuring businesses achieve maximum ROI with

minimal manual intervention.

Jubilee Intel, a wholly owned subsidiary of HLLK, is continuing to push the boundaries of digital marketing with their cutting-edge AI and machine learning technologies. As the team moves into the future, they are excited to announce a series of new projects focused on advancing keyword research, improving traffic quality, and refining time-series data analysis, all aimed at enhancing the efficiency and profitability of digital advertising campaigns.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may", "would", "will", "estimate", "can", "believe", "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company's filings with the Securities and Exchange Commission and/or OTC Markets.

View original content:https://www.prnewswire.com/news-releases/hallmark-venture-group-inc-announces-initial-holiday-performance-302317061.html

SOURCE Hallmark Venture Group, Inc.

FAQ

What were HLLK's gross sales for the week ending November 24, 2024?

Hallmark Venture Group (HLLK) reported gross sales of $54,662 for the week ending November 24, 2024.

How much did HLLK's revenue grow from October to November 2024?

HLLK's revenue grew by 585%, from $33,952 in October to $195,408 in the first 25 days of November 2024.

What were HLLK's weekend sales for November 23-24, 2024?

HLLK reported weekend sales of $30,065 for November 23-24, 2024.

What is driving HLLK's sales growth in 2024?

HLLK's sales growth is driven by investments in scaling and automation, which have improved the company's revenue performance.