Such risks, uncertainties and other factors include, among others. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.īecause forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. Private Securities Litigation Reform Act of 1995. In addition, Maison Luxe holds a significant investment position in Aether Diamonds, which was founded in 2020 as the world's first and only captured carbon lab-grown diamond producer.įORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. The Company now also owns its Amani Jewelers subsidiary, which operates in the jewelry marketplace, with a strategic focus on the rapidly growing lab-grown diamonds market. The Company focuses its efforts primarily within the fine timepiece and jewelry segments, both on a wholesale and B2C (business-to-consumer) basis. The Company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. Maison Luxe offers luxury retail consumer items that are responsibly sourced and affordable. Aether is a luxury jewelry company with a paradigm-shifting vision, one that makes jewelry which pushes the boundaries of design, technology, and craftsmanship in order to pave the way for a more beautiful, honest, and enduring world. Their positive-impact diamonds, which remove pollution from the atmosphere, serve as a symbol of their commitment to forge an entirely new future for fine jewelry. But Aether has taken that an enormous step further, leading to unprecedented differentiation within its niche, and we are happy to be involved.”Īether is the world’s first to successfully create diamonds from air. That has opened up a tremendous opportunity for lab-grown diamond producers. The traditional diamond industry has fallen out of favor with younger, more ESG conscious consumers. “We fell in love with the idea in no time flat after hearing about it, and we believe the whole world will, too. “We continue to be very impressed with Aether’s execution despite moving in uncharted territory in terms of production process,” noted Anil Idnani, CEO of Maison Luxe. Aether is fully focused on producing the large amount of inventory required to fill and ship initial orders and continues to witness increasing demand, based on communications. This new investment round, accomplished through a SAFE note framework, increases the Company’s stake in Aether to $200k.Īether has been scaling up its production and fielding preorders over the past 4 months, reaching well over $2 million in preorder sales as of the end of March. (OTC:MASN) (“Maison” or the “Company”), an emerging leader in the global custom luxury goods marketplace, is pleased to announce that the Company has completed a new transaction to increase its investment stake in Impossible Diamond, Inc, d/b/a Aether Diamonds (“Aether”) by 33% following continued successful execution by Aether management and further evidence of strong demand and protected market positioning in a unique market opportunity.Īether is the first and only diamond producer in the world to create beautiful gemstone-quality precious diamonds entirely from capturing damaging excess CO2 from the Earth's atmosphere through Aether’s unique IP-protected production process. EIN News/ - FORT LEE, NJ, Ap(GLOBE NEWSWIRE) - via NewMediaWire ‒ Maison Luxe.
0 Comments
Leave a Reply. |