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McapMediaWire --Starstream Entertainment Inc.'s (OTC Pink: SSET ) whollyowned subsidiary, Facetime Consulting and Promotions (Facetime), apremier provider of event staffing, on-demand promotional marketingand brand ambassador services, is pleased to announce that Company isexpecting to report record revenues which are anticipated to top $3million in the Company’s 2022 Annual Report.
While year-endfinancials are being completed for the Company’s upcoming AnnualReport, during the 3 rd Quarter the Company recorded TotalRevenues of $2,179,408 which was a year-to-year increase of over 199%compared to the same 9 months of 2021. The Company wrapped up astellar 2022 and looks forward to a banner 2023. The Company is alsohappy to report that the total shares outstanding remained unchangedduring 2022. The outstanding share count on January 1, 2022, was140,010,196 with only 84,186,162 shares in the public float and onDecember 31, 2022 both the total shares outstanding and the publicfloat remained unchanged.
Carla Rissell, President of SSET stated, “Iattribute this growth to the hard work and dedication of our team; ourCompany’s core values and our ability to pivot and adapt in anever-evolving environment. We are focused on servicing our clients aswell as providing and increasing shareholder value. I fully understandthat the market as a whole in the OTC was very rough during 2022 forinvestors, it is our hope that Starstream will become better noticedfor our continued growth and keen stewardship of preservingshareholder value. The Company increased cash on hand and assetsthroughout 2022 with zero dilution.”
Early in 2022 the Company raised rates acrossthe board which allowed the Company to attract and retain the bestquality staff in an extremely tough labor market to allow Facetime tocontinue to provide exceptional service to our clients. TheCompany’s bookings and referrals of new business continued to growthroughout 2022 and we anticipate continued growth in 2023.
Senior Management atseveral of the Company’s largest billing customers recognize thatStarstream and Facetime’s strong financial position and wherewithalhas allowed the Company to provide superior service of their accountsand brands and are actively seeking to partner with Facetime to helpgrow market share for their brands.
Early in 2022 the Company thru its Facetimedivision added a wearables and promotional giveaway productiondivision which is adding additional revenue and contributing directlyto the Company’s profitability and bottom line. The Company isintently focused on continued growth and expansion in 2023.
StarstreamEntertainment Inc., through its wholly owned subsidiary, FacetimeConsulting and Promotions LLC ("FCP"), is primarily focused inthe on-demand event staffing industry. The primary placements that FCPmakes are to companies in the consumer goods industry. Facetimespecializes in brand ambassadors, event staffing, atmosphere models,print and electronic media as well as staffing for all levels of thebeverage and consumer goods industry. We provide staffing for alllevels across industries we serve, including regional to C-Level,offering everything from promotional models to enhanced brandambassador services and administrative services including fieldmarketing, sales, brand management, and even promotional vehicleprograms.
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Safe Harbor: This PressRelease contains forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934. These forward-looking statements arebased on the current plans and expectations of management and aresubject to a number of uncertainties and risks that couldsignificantly affect the Company's current plans and expectations,as well as future results of operations and financial condition. Amore extensive listing of risks and factors that may affect theCompany's business prospects and cause actual results to differmaterially from those described in the forward-looking statements canbe found in the reports and other documents filed by the company withthe Securities and Exchange Commission and OTC Markets, Inc. OTCDisclosure and News Service. The Company undertakes no obligation topublicly update or revise any forward-looking statements, whether as aresult of new information, future events or otherwise.
CONTACT:
StarstreamEntertainment, Inc.
https://www.facetimepromo.com/
Carla Rissell,CEO
investorinfo@facetimepromo.com
833-422-7300 - InvestorRelations: Ext. 700
Contact Details
StarstreamEntertainment, Inc.
Carla Rissell, CEO
+1833-422-7300
investorinfo@facetimepromo.com
CompanyWebsite
https://www.facetimepromo.com/
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