Jul 30, 2020 (Stock Market Press via COMTEX) -- Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Inc. subsidiary is aggressively displaying its Phase 2 revenue generating phase by partnering this week with both H-BIT, d.o.o., owner of NiceHash.com or NiceHash, and also Connekt Earning and its flagship site ROCash.com . The two new partnerships offer Numuni, a media monetization platform, access to some 1.8 million more active users and also a monetizing outlet for selling the computer processing power gained to NiceHash, the largest cryptocurrency hash power marketplace globally consisting of hundreds of thousands of GPU/CPU processing buyers and sellers.
The high technology market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of related stocks such as Sun Kissed Industries, Inc. /zigman2/quotes/208440261/composite SKDI +13.21% , Amazon /zigman2/quotes/210331248/composite AMZN +1.32% , IBM /zigman2/quotes/203856914/composite IBM +0.17% , Nividia /zigman2/quotes/200467500/composite NVDA +0.29% , CME Group /zigman2/quotes/210449693/composite CME +1.82% , MasterCard /zigman2/quotes/207581792/composite MA +1.53% , Charlotte's Web /zigman2/quotes/212650907/delayed CA:CWEB -0.32% , Cronos Group /zigman2/quotes/206842762/composite CRON -0.31% , Colgate Palmolive /zigman2/quotes/200774077/composite CL +0.70% , Akerna Corp. /zigman2/quotes/202667634/composite KERN +13.32% , INSYS Therapeutics, Inc. , cbdMD /zigman2/quotes/201949781/composite YCBD -4.25% , Joy Organics , Canopy Growth Corp. (NYSE: CGC), GW Pharmaceuticals PLC (NASDAQ: GWPH), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB) and Supreme Cannabis Co. (OTC:SPRWF).
Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Subsidiary Aggressively Partners With Both NiceHash And Connekt Earning As It Deploys Phase 2 Revenue Generating Strategy
Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Subsidiary has positioned itself for a leadership position with both the NiceHash and Connekt Earning partnerships. To learn more go to numuni.io and blog.numuni.io plus NiceHash.com and ROCash.com . Hash mining is the process of complex computational calculations used in cryptocurrencies and blockchains to generate coins and complete transactions. The hash mining process is an integral part of cryptocurrency and blockchain systems, the companies said. The demand for hash power is through the roof, they said, because cryptocurrency and blockchain are growing at an exponential rate. Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Subsidiary Aggressively Partners With Both NiceHash And Connekt Earning As It Deploys Phase 2 Revenue Generating Strategy.
Robert Reynolds, CEO of Numuni Sees NiceHash Partnership Turning The Crypto Mining Industry Upside Down
Numuni and NiceHash expect surging revenues throughout their partnership -- with Numuni predicting NiceHash can buy as much computer processing power as Numuni can generate. Robert Reynolds, Numuni CEO, said, "Numuni and NiceHash are a perfect match." He said that Numuni plans to sell its collective GPU/CPU processing power to the NiceHash marketplace under the agreement. "Our ability to collect massive amounts of computer processing power combined with NiceHash's industry-leading marketplace is going to turn the crypto mining industry upside down. This is an additional avenue for Numuni revenue generation, expansion to Biotech research, data crunching and other lucrative services will put us at the forefront of the distributed computing industry. We are now 'full steam ahead' with our revenue generating phase 2 discussed in our April 2020 news release."
NiceHash To Buy Numuni's Computer Processing Power
As Numuni generates computer processing power, NiceHash is seen as having the capacity to and ability to purchase as much of it as Numuni can produce. Together, both companies see 'surging revenues' throughout their partnership. Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Subsidiary Aggressively Partners With Both NiceHash And Connekt Earning As It Deploys Phase 2 Revenue Generating Strategy.
NiceHash parent H-BIT d.o.o. was founded in 2014 in Slovenia. It has massive hashing power and has developed into a well known brand among cryptocurrency miners. It plays a vital role in the cryptocurrency ecosystem by both providing new coin creation and transaction validation on several different blockchains. Sun Kissed Industries, Inc.'s /zigman2/quotes/208440261/composite SKDI +13.21% Numuni Subsidiary Aggressively Partners With Both NiceHash And Connekt Earning As It Deploys Phase 2 Revenue Generating Strategy.
$729,000 In Forecasted Net Revenue For Numuni In Connekt Earning Revenue Partnership Deal
Numuni's revenue partnership deal with Connekt Earning calls for monetizing the 1.8 million active users on Connekt Earning's flagship website ROCash.com using Numuni's digital media monetization platform. Robert Reynolds, CEO of Numuni, estimated, "While exercising conservative projection numbers, Connekt Earning is estimated to generate over $2.1 million in commissions with Numuni making roughly $729,000 in forecasted net revenue."
$2,916,000 In Gross Revenue In The Connekt Earning Partnership's First Year
Connekt Earning has a history of generating more than 35.5 million successful sales leads to incentive advertising campaigns via ROCash. If it even converted just 5% of Connekt's traffic, Numuni would acquire some 367,800 new software users and generate an estimated $2,916,000 in gross revenue in the partnership's first year. The projections are based on the following assumptions: 15% chum rate + $1.50 gross revenue generated monthly per user, the Company said.
Sun Kissed Industries, Inc.’s /zigman2/quotes/208440261/composite SKDI +13.21% Aggressive M&A Strategy
Numuni is preparing for its upcoming public launch on September 1. It has amassed multiple lucrative partnerships with various website publishers and advertising networks, each having large amounts of existing traffic. These partnerships will be announced publicly upon closing of the deals.
Sun Kissed Industries, Inc. /zigman2/quotes/208440261/composite SKDI +13.21% is an emerging leader in the CBD-based products market. It is pursuing technology acquisitions through an aggressive M&A strategy. It seeks to become a dominant player in a well-defined, high-growth niche. It is a leader in the digital content management, and online ad monetization technology. The company is pursuing meaningful acquisitions as part of an aggressive M&A strategy.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Stock Market Press
110 Wall St.
New York, NY 10005 firstname.lastname@example.org Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press
Is there a problem with this press release? Contact the source provider Comtex at email@example.com. You can also contact MarketWatch Customer Service via our Customer Center.