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Sterling Group Ventures Inc. (SGGV)

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    Sterling Group Ventures Inc.

      OTC BB : SGGV





Mojo Games brings best in class products including poker, casino, sports betting and skill games alongside innovative and entertainment player experiences and rewards. With customization that’s a cut above, we’re ready to take your business to the next level no matter where you’re starting from.

Mojo Games is ready to bring our expertise to your business, whether you’re on your initial approach into e-gaming or you’ve been soaring in the industry for some time. Through seamlessly integrated games and rewards, fusion of offline and online experiences, social models to real money - we deliver value to both partners and players of all stakes and levels.

We’re always up for the next game. The ever evolving e-gaming industry has presented new revenue opportunities for our partners and players, as have we. Our products support PC, MAC, in-browser Mobile & tablet solutions. Our models range from play, real money and social freemium opportunities. And we’ve designed a solution to aid established land based operators enter the online market fully equipped.

We’re ready for wherever e-gaming goes, are you?


We offer a level of customization that’s a cut above. Dedicated to finding the ideal solution for our partners, it’s our goal to create a model that suits each partner's specific needs, be they integration, graphics + marketing, or taking advantage of our network liquidity.
Partners and players benefit from our healthy network environment focused on providing players of all stakes and levels an entertaining and rewarding experience. We reward recreational enthusiasts to our most loyal base, always recognizing that every player matters.


Sterling Group Ventures, Inc.: Corporate Update 

2016-12-07 09:30 ET - News Release 

VANCOUVER, BC / ACCESSWIRE / December 7, 2016 / Sterling Group Ventures, Inc. (OTCQB: SGGV) (the "Company") is pleased to provide the following corporate update: 

Mojo Games, a division of the Company, is currently working with its partner in India to release its poker platform nation-wide. As per the current agreement, Mojo has entered into a Joint Venture with its Indian partner with all profits to be divided equally. Mojo's Indian partner is a major media conglomerate with a large customer base which will be leveraged to drive adoption of the platform. The platform is currently in the late stages of development, with a soft launch underway including mobile applications. 

Mojo Games is excited to be working with its new partner VLeague, who is the exclusive online social gaming provider for Alisports' Chess and Card Division, as per the Company's press release of December 2, 2016. Mojo is planning and negotiating to launch, together with VLeague, additional sites inside, and now outside, of China, promoting recreational play and the Alisports IPT tournaments. 

In addition to upcoming launches with partners in India and China, the Company continues its B2B sales and operational efforts in Europe and South America. 

Mojo Games would also like to announce that it has been actively developing a Merger & Acquisition strategy, having identified near term targets that are a strong fit with the Company's operations. The Company anticipates that any one of the targets could present a material change and will disclose these opportunities on a timely basis. 

The Company would like to announce that Robert Smiley has stepped down as CFO. The Company would like to thank Mr. Smiley for his hard work as CFO on behalf of the Company and wish him well in his future endeavors. 

The Company is pleased to announce that Mr. Chris MacPherson is joining the Company as CFO and Director. He has spent 25 years at CIBC Wood Gundy as Vice President & Portfolio Manager. Chris has extensive experience in the capital markets and is co-founder of Mojo. Chris will be responsible for finance and marketing activities, funding and acquisition opportunities as well as assist in strategic and tactical matters. He has sat on a number of boards, including BC Hydro, and been quite active on the political stage. He has also been involved in a number of charities, including Children's Miracle and Nepal House Society. 


/s/ Nicolaos Mellios


VLeague and Mojo Games, a division of Sterling Group Ventures, Announce Strategic Partnership to Provide Online Social Games and Poker Tournaments to Alibaba Sports Group, AliSports


VANCOUVER, British Columbia, Dec. 02, 2016 (GLOBE NEWSWIRE) -- Mojo Games, a division of Sterling Group Ventures (SGGV) is pleased to announce a strategic partnership with VLeague Internet Technology Company Limited, a China corporation who is the exclusive online social gaming provider for Alisports' Chess and Card Division.

The partnership between VLeague and Mojo has been formed as part of an online strategy to support Alisports' recently announced plans to launch a worldwide poker tour. Officials from the Alibaba Sports Group held a press conference Tuesday in Shanghai to announce the International Poker Tour (IPT), a new poker tour with events to take place in China, Asia Pacific, North America and Europe with an estimated more than $7 million in tournament prize money to be awarded over the first year of the tour.

To view the 'Photo of Press Conference held in Shanghai', please visit: []

Sterling acquires Euroclub Holding Limited, an established global online gaming company with business in Brazil, Russia, India, China and Europe 

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/16/16 -- Sterling Group Ventures, Inc. ("Sterling") (OTCQB:SGGV) is pleased to report that on November 11th, 2016, it signed a definitive share exchange agreement with Euroclub Holding Ltd ("Euroclub"). As a result, Euroclub will become a subsidiary of Sterling with business partners operating in Brazil, Russia, India, China and Europe. The company's online gaming platform is currently being launched nation-wide in India and China. 

As a result of the acquisition, Mr. Nicolaos Mellios, the founder, CEO and significant shareholder of Euroclub, who resides in Vancouver, British Columbia, has been appointed CEO of Sterling. Mr. Mellios has been in the online gaming business since 1999. Mr. Nick Mellios, BSc, MBA, is responsible for overall technical and strategic management, and brings a broad background in technology and business development to his lead role at Euroclub. As co-founder and CEO, he has been responsible for raising financing, and assembling the technical and operations teams to build and support Euroclub's social and real money iGaming platform. He also leads business development efforts negotiating agreements with on-line and land-based gaming operators, and third party gaming providers. Prior to Euroclub, Mr. Mellios was the CEO of Yummy Interactive. Mr. Mellios co-founded Yummy to build a games-on-demand distribution and DRM (digital rights management) solution for mobile/broadband service providers, and application/game developers and publishers. Prior to Yummy, Nick held positions in New Business Development and Program Controls Management at Hughes Aircraft. He graduated from the University of British Columbia with an MBA and a bachelor of science in mathematics. Mr. Mellios has replaced Mr. Tsakok, MBA, CFA as CEO, who will remain an independent director and Chairman of the Audit Committee. 

Euroclub has enjoyed substantial growth as per its unaudited financial statements over the past 2 years with revenue of EUR406,030 in 2014 and EUR655,224 in 2015. 

Euroclub is a well-established online gaming company that provides a B2B and B2C multi-gaming platform under the MOJO brand name with a full suite of social and real money gaming products, including online poker, casino games and third party integrations to live dealer, e-sports, sports betting and skill games. Mojo offers B2B partners both API integrated and turnkey white label licensing options with comprehensive global payment processing. Mojo's registered office is in Malta with 25 technical staff in Vancouver, Dublin and Barcelona. Mojo supports over 20 B2B partners and B2C operations with gaming licenses in Malta and Curacao. 

Under the terms of the agreement, Sterling will issue 170,285,696 common shares and 791,500 redeemable and exchangeable preferred shares which are convertible into common at $0.20. Once converted, those common shares have 5 warrants attached exercisable at $0.20 with a term of 3 years. 

Concurrently with the acquisition of Euroclub, Sterling has arranged a US$500,000 private placement of 10 million units with each unit comprising of 1 common share at $0.05 and a Series "F" warrant convertible at $0.15 with a term of 1 year in order to fund Euroclub's immediate capital requirements for its entry into India and China expected in December 2016. 

In addition, Mr. Patrick Martin and Mr. Sachin Pawa have joined the Board of Sterling as of November 11, 2016. 

Patrick Martin, BSc, MBA, is the principal of business strategy at Zappos since 2014 and one of the architects of the current best customers strategy. He has expanded the data science and business intelligence capabilities of the organization. He has additionally held previous roles as a product manager at Zappos, and a senior engineer and development director at Electronic Arts Sports. Mr. Martin's areas of expertise include business strategy, technology management, big data and on-line/direct marketing. He received his BSc in Computer Software Engineering from the University of British Columbia and received his MBA from Northwestern University's Kellogg School of Management. 

Sachin Pawa, BBA, MBA, has over 10 years of experience in building gaming ventures in India. He co-founded and developed Sol Entertainment Private Ltd., the operating company of the Crown Casino in Goa, India. He was the chief executive officer of Online for Playwin, India's largest licensed lottery business. He was also the co-founder and CEO of Blue Square Services, which operated the site Maharjahclub and was licensed in the United Kingdom. He has also set up and managed various successful retail stores and operations for distribution of mobile devices, including partnerships with the major network carriers in the United States. He graduated from the University of Technology, Sydney, Australia, with an MBA and from the Apeejay School Of Management in Delhi, India, with a BBA. 

Mr. Gerry Runolfson has resigned as a Director of Sterling and the Board wishes to thank him for his contribution to the company. 


Mr. Nicolaos Mellios, Chairman & CEO 

For further information, please check the Company's SEC 8-K filing. 

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. 

Sterling Group Ventures Inc. 
Chris Mellios, B.Sc., MBA 
(604) 684-1001 
(604) 684-1001 (FAX) 
[email protected] 
Sterling Group Ventures Inc. 
Christopher Tsakok, MBA, CFA 
(604) 684-1001 
(604) 684-1001 (FAX) 
[email protected] 

Source: Sterling Group Ventures Inc.







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Current Price
Bid Ask Day's Range
SGGV News: Current Report Filing (8-k) 02/17/2017 12:44:12 PM
SGGV News: Current Report Filing (8-k) 02/16/2017 04:34:51 PM
SGGV News: Current Report Filing (8-k) 01/19/2017 02:38:05 PM
SGGV News: Quarterly Report (10-q) 01/17/2017 02:54:20 PM
SGGV News: Current Report Filing (8-k) 12/07/2016 03:13:19 PM
#7235  Sticky Note VANCOUVER, BC / ACCESSWIRE / February 15, 2017 fade 02/21/17 09:48:35 PM
#7237   Looks like .11 is the loading spot for someone Mike2112 02/22/17 03:21:42 PM
#7236   Getting some volume at least Mike2112 02/22/17 01:56:04 PM
#7235   VANCOUVER, BC / ACCESSWIRE / February 15, 2017 fade 02/21/17 09:48:35 PM
#7234   true, it's good the bid is firm, first hotstock_be_007 02/21/17 03:19:41 PM
#7233   looking for the next news to take out fade 02/21/17 03:01:16 PM
#7232   the ask on SGGV is getting thin hotstock_be_007 02/21/17 09:43:35 AM
#7231   the April tournament should be a big hit fade 02/18/17 10:13:44 AM
#7230   Think the spring is shaping up to be Mike2112 02/18/17 10:07:25 AM
#7229   every article about Poker in China reads the same: fade 02/18/17 10:00:14 AM
#7228   Planning something for sure.... Mike2112 02/18/17 09:48:28 AM
#7227   would love to see all the warrants get fade 02/18/17 09:41:42 AM
#7225   K thanks! danno555 02/17/17 01:44:35 PM
#7224   No, a joint venture was set up hotstock_be_007 02/17/17 01:43:45 PM
#7223   Did we just get bought out???? danno555 02/17/17 01:27:36 PM
#7222   Forbes... Nightroads 02/17/17 11:54:16 AM
#7221 Scanning around, extensive website, not a lot Nightroads 02/17/17 11:52:32 AM
#7220   8K filed for the news..IHub picking that up... Mike2112 02/16/17 05:37:29 PM
#7219   Yeah, the stock had some overhang resistance and fade 02/16/17 01:47:58 PM
#7218   For some reason news usually has either adverse Mike2112 02/16/17 12:37:34 PM
#7217   Yes and also looks like we have some Mike2112 02/16/17 11:03:55 AM
#7216   NEWS VANCOUVER, BC / ACCESSWIRE / February 15, 2017 hotstock_be_007 02/16/17 02:04:09 AM
#7215   News out. Interesting. The deal is for India, Nightroads 02/16/17 12:55:17 AM
#7214   I can hear Michael Buffer now in the fade 02/15/17 07:49:40 PM
#7213   couple o nice little buys eod,, bring it! FlatEarthSoc 02/15/17 07:40:12 PM
#7212   indeed nice end of day buying hotstock_be_007 02/15/17 04:25:29 PM
#7211   Good day thinking news must be coming any Mike2112 02/15/17 04:03:59 PM
#7210   Looks to me like we are getting ready Mike2112 02/15/17 11:19:23 AM
#7209   it's time for some news now that this fade 02/02/17 10:56:34 AM
#7208   Yup agree... .17 / .175 seems to Mike2112 01/27/17 03:17:41 PM
#7207   slowly but steady the ask gets eaten away, hotstock_be_007 01/27/17 01:17:44 PM
#7206   Yes, all buying today. We could be getting fade 01/23/17 05:15:32 PM
#7205   Nice end of day buying and level II Mike2112 01/23/17 04:34:29 PM
#7204   saw that and thought this has been the fade 01/23/17 03:01:09 AM
#7203   Just saw this from the 19th......missed it somehow... Mike2112 01/22/17 08:36:34 PM
#7202   I think we have rested long enough...time to Mike2112 01/22/17 05:53:53 PM
#7201   Looks good to me! danno555 01/17/17 04:01:10 PM
#7200   10Q out Mike2112 01/17/17 03:30:05 PM
#7199   It wasn't us..It was PLLX Mike2112 01/13/17 09:37:26 AM
#7198   Would be nice to get some heavy volume fade 01/12/17 07:33:39 PM
#7197   Got this today wonder who it is from Mike2112 01/12/17 05:38:26 PM
#7196   The newer MMs on the stock seem to Mike2112 01/12/17 02:40:32 PM
#7195   foolish or not...not taking a dime yet...think we Mike2112 01/12/17 12:40:23 PM
#7194   Mike..tempted to take profits yet? lol..juz kiddin - SPARK 01/12/17 12:37:40 PM
#7193   Last attempt at shake and drop prior to Mike2112 01/11/17 10:58:10 AM
#7192   Looks like they re-linked the corporate site to Mike2112 01/10/17 03:56:36 PM
#7191   Thinking we see updates and movement next week Mike2112 01/06/17 10:33:23 AM
#7190   10Q should be out in a week or so... Mike2112 01/05/17 09:48:01 AM
#7189   there was some discussion about the PR news fade 01/04/17 07:50:05 PM
#7188   VNDM...Think they are new to the game... Mike2112 01/04/17 02:34:16 PM
#7187   another tap on the 18¢ ceiling! FlatEarthSoc 01/04/17 01:46:28 PM