Cryptyde, Inc. (NASDAQ:TYDE), a technology company that is focused on driving growth and innovation through strategic acquisitions and management of technology companies, has announced its corporate priorities for the next 12 months. CEO Brian McFadden stated, "As we enter 2023, we are excited to see our growth and are particularly encouraged by the year-end performance of our newest holding, Forever 8. We believe that by staying focused on driving growth and innovation, we will be well-positioned to succeed in the coming year and beyond."

Cryptyde currently has two main wholly-owned subsidiaries. Forever 8 is a cash flow management platform for e-commerce sellers, and Ferguson Containers is a provider of complete manufacturing and logistical solutions for product and packaging needs. Cryptyde plans to drive growth and innovation through the strategic expansion and management of these two main subsidiaries.

Corporate priorities for Cryptyde in 2023, which are aimed at bridging the gap Cryptyde believes exists between the value of its business and its value as reflected in the equity markets, include:

1. Identifying and prioritizing revenue-producing business opportunities and expansions that would be expected to drive growth and success. With a focus on cash flow management and EBIDTA, we will carefully evaluate potential opportunities and select those that align with our long-term objectives and provide the greatest potential for success. This may involve expanding into new markets, launching new products or services, or acquiring complementary businesses.
2. Developing a strategy for efficiently acquiring capital for long-term growth. This may involve seeking out partnerships, seeking investments or utilizing debt financing. By increasing our access to efficient capital, we will be better positioned to scale our business, particularly Forever 8.
3. Launching new software as a service (SaaS) products and services that drive revenue and profitability. By offering features from the Forever 8 platform as a service, as well as leveraging our existing infrastructure to launch new products and platforms, we believe we can create significant value for our customers and grow our profit margins.
4. Identifying and evaluating potential acquisition targets to help us expand our existing business and launch new products and services. We believe that strategic acquisitions can be a powerful tool for driving growth and creating value and we are open to exploring opportunities that align with our long-term objectives and provide potential for success.
5. Continuously monitoring market conditions and refining our strategy as needed to ensure that we remain competitive and well-positioned for growth. We are committed to staying nimble and responsive to new opportunities and challenges.
   

CEO Brian McFadden added, "Forever 8 has clearly demonstrated its ability to generate revenue in a very short period of time. We believe that positioned under our corporate guidance, we have a model that can grow into a world class asset that offers beneficial differentiators compared to its competitors."