The bond market is now pricing in the near certainty of a recession, induced by the Federal Reserve, that already is here or on the way shortly. The three-month Treasury yield now sits some 86 basis points ahead of the 10-year, a level not seen since at least the early 1980s. Such “inversions” have presaged every recession during that period. A basis point is one one-hundredth of a percentage point.
One small cap that we would like to draw your attention to is Maison Luxe, Inc. (OTC US: MASN). As per yahoo finance (1), Maison Luxe offers luxury retail consumer items. The Company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. The Company focuses its efforts primarily within the fine timepiece and jewelry segments, both on a wholesale and B2C (business-to-consumer) basis. The Company also owns its Amani Jewelers subsidiary, which operates in the jewelry marketplace, with a strategic focus on the rapidly growing lab-grown diamonds market. In addition, Maison Luxe holds a significant investment position in Aether Diamonds, which was founded in 2020 as the world's first known captured carbon lab-grown diamond producer.
Maison Luxe, Inc. (OTC US: MASN) announced a new purchase order agreement with Signet International Group, a leading player in marketing and distributing luxury branded products, whereby Maison Luxe will partner with Signet in the sale and distribution of another $250,000 in luxury timepieces (1).
Anil Idnani, CEO and Founder of Maison Luxe, commented, “We continue to find tremendous value in our affiliation with Signet. Signet is an important player in the cruise ship travel industry and has strong relationships with cruise partners such as Princess Cruises and Harding. Signet has been a powerful partner and a consistent source of revenues for Maison Luxe. Relationships like this one provide a key piece of the puzzle as we strive to build a strong mix of sales channels going forward.” The Agreement follows prior purchase orders agreements reached over the past two years between the Company and Signet. According to the Agreement, Maison Luxe will provide purchase financing for Signet, which will confer to Maison Luxe’s bottom line sales through Signet’s established end market relationships.
On November 17th, Maison Luxe (OTC: MASN) reported revenues for the quarter ending September 30, 2022, of $3,711,167 compared to revenues of $2,713,405 for the quarter ending September 30, 2021, representing an increase of over 35%. Net loss for the period was $958,699 as compared to a loss of $1,386,573 in the year-ago period (2).
Anil Idnani, CEO of Maison Luxe, stated, "We are pleased with the sustained revenue growth at Maison Luxe. We continue to build our operations and new product lines, such as our Kicks On Demand division, in order to diversify our product mix and increase our footprint in the luxury goods marketplace. We are looking forward to the upcoming holiday period, historically our busiest and most successful time of year." Due to its new retail outlets and partnerships, as well as the upcoming Caribbean cruise travel season, the Company is looking to increase revenues for the holiday period.
MASN had also recently launched the Luxury Sneaker division, Kicks on Demand, which has exceeded Company sales expectations with more than $50,000 in sales during its initial test run. The Company previously announced its plan to enter the secondary market for luxury sneakers, which according to Business Insider is projected to reach an estimated $30 billion globally by 2030, as a complement to its luxury timepiece operations (2).
MASN stock is trading at a mere $0.0044 with a 52-week high of 15 cents suggesting a significant upside potential. With all the recent developments and increases in revenues, could this stock turn out to be a sleeping giant ready to be awakened? Start your due diligence now and as always follow traders' vigilance.
Other stocks taking centerstage include Prometheus Biosciences Inc (NASDAQ:RXDX), Transcode Therapeutics Inc (NASDAQ:RNAZ), Summit Therapeutics Inc (NASDAQ:SMMT), Exxon Mobil Corp (NYSE: XOM) Merck & Co Inc (NYSE: MRK) and Pfizer Inc (NYSE:PFE)
For more info on MASN, Watch this Video NOW
Video Link: https://www.youtube.com/embed/nj7isFx4uI0
Source 1. https://finance.yahoo.com/news/maison-luxe-announces-additional-250-130000434.html
Source 2: https://finance.yahoo.com/news/maison-luxe-reports-revenues-approximately-154300001.html
About InvestorBrandMedia.com - The team at InvestorBrandMedia has decades of strategy-driven, extensive media experience in helping navigate our clients through the everchanging Digital Landscape. We specialize in a variety of marketing strategies that help promote our client visibility across multiple channels helping them expand their digital footprint in an ever-complex environment. InvestorBrandMedia.com specializes in ticker tagging services. Targeting the right audience is essential. Without effective distribution, a company's message will fall on deaf ears or play to an empty room. Our growing distribution network consists of a diverse network of finance-focused blogs and websites, producing a robust mix of organic and cultivated interest. Let us help you jumpstart a rich following of qualified leads you can build on. Ticker Tagging is the process wherein your company is included with other sector-related NASDAQ, NYSE, and AMEX companies showcasing your news within a ticker-tagged PR. The ticker tags are distributed to approximately 400 business and financial news portals including Benzinga, Yahoo, Google News, Digital Journal, and MarketWatch. Companies looking for IR/PR services can contact us directly at email@example.com.
Disclaimer: InvestorBrandMedia is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available in this article is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall InvestorBrandMedia be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by InvestorBrandMedia ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. InvestorBrandMedia.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Investor Brand Media, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting InvestorBrandMedia.com/Disclaimer. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. InvestorBrandMedia has been compensated two thousand and three hundred dollars by a 3rd party for the content, research, dissemination, and syndication pertaining to MASN for a period of one week starting Dec 5th, 2022 to Dec 10th, 2022. We own zero shares of MASN.
Company Name: Investor Brand Media
Contact Person: Ash K
Country: United States