Social Reality: Record Revenue for Q2 2015

LOS ANGELES, CA–(Marketwired – August 13, 2015) – Social Reality, Inc. (OTCQB: SCRI).Revenue for the quarter ended June 30, 2015 was $10,761,573, an increase of 3,786% over the second quarter of 2014, and a 168% increase over the first quarter of 2015.

Balance Sheet as of June 30, 2015

Cash and cash equivalents totaled $1,515,726 on June 30, 2015. Current assets and total assets were $10,784,710 and $32,101,129, respectively, while current liabilities and total liabilities were $17,045,848 and $27,533,988, respectively. As of June 30, 2015, the company had stockholders’ equity of $4,567,141, a 15% sequential increase over $3,963,032 at March 31, 2015.

Read Full Story Here

Martin Sumichrast on KURE Franchising in 36 States

KURE has dramatically elevated the meaning of consumer experience in the vaping industry with its unique, up-scale KURE Vaporium & Lounge, featuring “industrial-chic” decor as well as a welcoming and knowledgeable staff of “Kurators”. Each location is well-stocked with the most recognized brands and products, including KURE’s own premium line of vapor hardware and e-Juices.

“We continue to be impressed at KURE’s sense of timing and execution. The franchising capability now paves the way for KURE to significantly increase its revenues, not only at a store level, but at a much larger scale by being able to pursue new markets and territories with a strong franchise and support model unique to its industry, which can ultimately develop into a much larger global opportunity for KURE,” said Martin Sumichrast, Chairman of Level Brands Inc and Chairman of KURE Corp.

Read Full Story Here


Martin Sumichrast on KURE/ Best Buddies Partnership

CHARLOTTE, N.C., July 7, 2015 /PRNewswire/ — KURE Corp. is pleased to announce that it has partnered with Best Buddies International, a nonprofit dedicated to creating opportunities for friendship, employment and leadership training for people with intellectual and developmental disabilities (IDD).

This goodwill collaboration celebrates Best Buddies International as the exclusive and official charity partner of KURE Corp. A certain percentage of KURE’s annual corporate and franchise store revenues will be donated to the charitable organization. Furthermore, as a goodwill ambassador to Best Buddies, KURE will visibly display the Best Buddies logo in all of its corporate and franchise stores where its customers are also able to donate to Best Buddies during their point of purchases, which will then be equally matched by the company.

“[This] relationship will certainly have long term benefits to the people it will touch and influence for many years to come and will be as equally rewarding to both organizations. ” Read the full story here.

Charlotte kicks off 2013 – 49ers Football Season

charlotte 49Martin Sumichrast comments that “Starting a new NCAA Division 1 football problem must be a very challenging endeavor.” The Charlotte 49ers will kick-off their inaugural season in about two weeks. While Martin’s pretty sure they will face a tough start, he thinks the Charlotte region produces some very impressive athletic talent, especially just South, in Rock Hill, SC. This should bode well for the 49ers as they build their program and draw from this impressive talent pool.

Original Article for Reference:

Former foes, Charlotte 49ers football coordinators now together

David Scott
Posted: Saturday, Aug. 17, 2013

Martin Sumichrast | Memorial Day Tribute


Memorial Day weekend always signalled the start of summer when I was a young boy. Unlike today, when school seems to go a few weeks past Memorial Day, our last day was always the Friday before. I still remember those Fridays before the long weekend. My parents owned a small condo in Bethany Beach, Delaware (it was 209S, Dover House in Sea Colony for those of you familiar with the place). We would all take turns loading up our car, voices of my brothers gathering last minute things, and hearing my parents hustling us along to leave for our summer road trip to our condo rests fondly in my memories as I do the same with my family today. (see full article here)