Powder Springs, Georgia – (NewMediaWire) – July 15, 2021 – CBMJ Inc. (OTC: CBMJ), through its
operating subsidiary DeDonato Enterprises LLC and its recently acquired
business Patriot Depot, is reporting record revenue of $1.827M for the first six
months of 2021. This compares to revenue of $932K for the same period in
2020, a 96% increase.
addition, CBMJ recorded the first ever quarterly revenue exceeding $1.0M in Q-2
drivers of growth came from product sales of the company’s flagship e-commerce
site Store.flagandcross.com which accounted
for 49% of total quarterly revenue. Patriot Depot’s product income www.patriotdepot.com
came in at 29% despite only being fully operational for 75% of the month.
of revenue came from CBMJs’ email database, client consulting services,
advertising revenue from news media and partner web pages, along with coffee
and cigar sales.
month of June saw the highest revenue in company history coming in at
$452K. Equally as important, preliminary net income margins came in
around 8%,” stated CBMJ CEO Mark Schaftlein.
Brandon Vallorani commented: “The integration of the Patriot Depot team
has gone exceedingly well and our goal of achieving 7.0M in revenue over the
next 12 months is clearly within reach. Our goal for the remainder of the year
is to produce revenue exceeding $500K per month while achieving 10% Net
Broadcast Media & Journalism e-commerce sites Store.FlagandCross.com , www.thrashercoffee.com , MilitaryGradeCoffee.com ,
and www.valloranicigars.com continue
to drive product sales while additional news websites, www.patriotdepot.com FlagAndCross.com ,
and http://constitution.com/ are
poised to contribute additional ad revenue in 2021.
also confirmed that it has plans this year to increase the distribution of its
CEO’s television show “The Schaftlein Report” www.schaftleinreport.com , which
focuses on political and economic issues of the day and provides a roster of
more than 40 guest commentators a forum to express their views.
CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital
Marketing Company based in Metro-Atlanta that specializes in reaching a
conservative/libertarian/religious audience. Among other assets, CBMJ operates
numerous social media accounts across several platforms with over 2 million
followers, owns an active database of over 12 million opt-in email subscribers,
and publishes a network of 47 monetized political/news websites generating 10
million page views per month. Some of the marquis sites include www.flagandcross.com ,
and www.militarygradecoffee.com .
The Company also maintains one of the largest collections of historical
documents on the web at http://constitution.com/ .
In addition, CBMJ operates a brick-and-mortar coffee shop in Hiram, GA,
and e-commerce websites including www.thrashercoffee.com/ , www.valloranicigars.com ,
and an e-commerce portal at their primary site www.store.flagandcross.com/ .
CBMJ now also owns the increasingly popular TV, radio, and social media segment
“The Schaftlein Report” hosted by economic analyst and political
commentator Mark Schaftlein. https://schaftleinreport.com/
Statements: This release contains 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. All forward-looking statements are
inherently uncertain, based on current expectations and assumptions concerning
future events or future performance of the company. Readers are cautioned not
to place undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating such
statements, prospective investors should review carefully various risks and
uncertainties identified in this release and matters disclosed at www.otcmarkets.com .
These risks and uncertainties could cause the company’s actual results to