UK, Preston, Nov. 04, 2022 — The SiLLC Assembly announces financial results for the nine months ended September 30, 2022.
Please note that this update contains forward-looking statements regarding our assembly prospects, goals, strategies, anticipated financial performance, and the anticipated impact of the pandemic on our projects and investments.
Please understand that forward-looking statements are only estimates of future performance and should be taken as such. The forward-looking statements represent assembly management’s expectations only as of today and the assembly disclaims any obligation to update them.
Year-To-Date 2022 Highlights and Assembly Update
- Strong cash flow from investments and member deposits
- Continuation to invest in technology and crypo assets
- Remains Debt-Free
- Continuation cutting operating costs
Markus Schronen, Board Chair and Assembly Consultant of The SiLLC Assembly (TSA), stated: “TSA remains on track to meet our conservative 2022 targets within this difficult economy environment.
We continue to make excellent progress to grow our investment portfolio and further strengthen our cash position. These will accelerate our investment plans in 2023 and 2024.
Our investments continues to remain very stable in this difficult market environment, The Assembly continues to deliver positive and sustainable benefits to all assembly members, nevertheless activities will remain challenging next year.
As stated last year, the back and forth of investment styles is likely to continue for the time being and we expect our crypto investments to remain ultra-volatile. We plan to increase our investments in crypto during the next two years and keep open eyes to increase investments in other sectors to leave the door open to given opportunities.
I would like to thank all members of The SiLLC Assembly. This was without question one of our most challenging years.”
This document contains forward-looking statements which are based on the current estimates and assumptions made by the assembly team of SiLLC. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by SiLLC and its affiliated groups depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside SiLLC‘s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. SiLLC neither plans nor undertakes to update forward-looking statements.
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed.Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC International.