Sycamore did not create any revenue in the last 8 years.
SEGI invested $60k in the app (the core business of the company) and invested at least $30.5M
in sponsoring.
Since Sycamore has launched the SEGI TV app in 2020, it has not created any revenue
although SEGI acquired the streaming rights for a popular boxing event in March 2022, the
broadcast rights for eSkootr championship or the Extreme E motorsports series.
The company has basically only used loans from individuals and dilution of the stock to raise
money so far.