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Powder Sources, GA, July 11, 2022 (Globe Newsvier) – b NewMediaWire – Conservative Broadcast Media and Journalism (CBMJ) trades its e-commerce business for $ 1.247M to Stonewall Enterprises, Inc. He announced the closure of property sales to Nevada Corporation.
The transaction is estimated at $ 1,247,000 in cash, $ 120,000, $ 380,000 in notes and dividends over the next two years, with some debts being transferred. In addition, $ 59,760,000 worth of $ 747,000 will be returned to the treasury by former Dedonato President and current CEO of Stonwell Enterprises.
The e-commerce business sold is already consolidated and operates primarily through the website www.patriotdepot.com And other feed websites and customer lists. Patriot Depot is an online retailer that distributes and sells conservative and Christian-looking supplies, clothing, pins, flags, patriotic gifts, glasses, new jobs, books, DVDs and more. Patriot Depot was purchased by CBMJ in mid-2021. The Brick and Cement Coffee Shop is also included in the sale on Hiram, GA and e-commerce websites. www.thrashercoffee.com/ .
The company maintains the main news website www.flagandcross.com With customer service business, data base management, including email listing leases, web development and consulting businesses.
CBMJ CEO Mark Schaffline commented: “We are very happy to have completed this transaction. Getting out of retail e-commerce allows us to focus our efforts on media, web hosting, web development. The data base management company has also significantly reduced operating costs and shifted it to positive cash flow businesses. 92.7M is expected to float to 359.4M, which is the largest share of the stock.
In two small transactions last month, the company sold its cigarette trade Valorini Cigar ww.valloranicigars.com And domain http://constitution.com/ .
About Dedonato Enterprises Dedonato Enterprises, LLC is a metro-Atlanta-based digital media company that provides information base management to a conservative / liberal / religious audience from customer service business, email list rentals, web development and consulting businesses. DeDonato was acquired by CBMJ in October 2020.
About CBMJ ፡ (CBMJ) Conservative Broadcast Media and Journalism is a metro-Atlanta-based digital media company that reaches a conservative / liberal / religious audience. CBMJ has an active database of more than 20 million email subscribers, and publishes the Marxis-sponsored political / news website. www.flagandcross.com . CBMJ broadcasts The Schaftlein Report, an increasingly popular TV, radio and social media unit hosted by economist and political analyst Mark Schaffline. https://schaftleinreport.com/ .
Future Statements This publication contains forward-looking statements in section 1933 of Section 27A of the Securities Act and section 21E of the amended 1934 Securities Exchange Act. Not all future statements are inherently uncertain, based on current expectations and future events or the company’s future performance. Readers are warned not to be overly dependent on these forthcoming statements, they are only predictions and will only speak from this day forward. When reviewing such statements, prospective investors should carefully examine the various risks and suspicions described in this statement and www.otcmarkets.com . These risks and suspicions may vary materially from the actual results of the company.
Conservative Broadcast Media and Journalism
Mark Shaftlin
877-704-6773
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