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Sterling Group Ventures Inc. (SGGV)

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Last Post: 12/2/2016 4:49:04 PM - Followers: 65 - Board type: Free - Posts Today: 0



    Sterling Group Ventures Inc.

      OTC BB : SGGV

       http://www.sterlinggroupventures.com/


     










 

 

 

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.





 

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: [http://orders.newsfilecorp.com/files/1075/23874_a1480661641549_5.jpg]

http://finance.yahoo.com/news/vleague-mojo-games-division-sterling-141800350.html













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. 

ON BEHALF of the BOARD 

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) 
info@sterlinggroupventures.com 
Sterling Group Ventures Inc. 
Christopher Tsakok, MBA, CFA 
Director 
(604) 684-1001 
(604) 684-1001 (FAX) 
info@sterlinggroupventures.com 
www.sterlinggroupventures.com 


Source: Sterling Group Ventures Inc.

 


 

 

 

 

 

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SGGV
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SureTrader
SGGV News: Current Report Filing (8-k) 11/16/2016 02:28:16 PM
SGGV News: Quarterly Report (10-q) 10/14/2016 05:30:46 PM
SGGV News: Annual Report (10-k) 09/16/2016 03:54:34 PM
SGGV News: Current Report Filing (8-k) 09/07/2016 04:43:22 PM
SGGV News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 08/26/2016 02:19:05 PM
PostSubject
#7063  Sticky Note UNITED STATES fade 11/16/16 04:11:08 PM
#7138   I'm not sure what changed on ihub news fade 12/02/16 04:09:15 PM
#7137   how come IHUB doesnt put our news out hitpaydirt 12/02/16 03:41:24 PM
#7136   news is Yuge! if and when our bid fade 12/02/16 11:12:19 AM
#7135   who'd a thunk it?!?! FlatEarthSoc 12/02/16 11:03:16 AM
#7134   gotta say i was pretty impressed with the FlatEarthSoc 12/02/16 11:02:05 AM
#7133   Great news! Start of many things to Mike2112 12/02/16 10:56:15 AM
#7132   when i saw the amount of new shares hitpaydirt 12/02/16 10:52:46 AM
#7131   photo of the PR today: FlatEarthSoc 12/02/16 10:46:54 AM
#7130   news: VLeague and Mojo Games, a division of Sterling FlatEarthSoc 12/02/16 10:43:13 AM
#7129   for ALIBABA sports to be in the same hitpaydirt 12/02/16 10:28:21 AM
#7128   I like the huge candlesticks and the volume hotstock_be_007 12/02/16 10:26:16 AM
#7127   no doubt! FlatEarthSoc 12/02/16 10:23:16 AM
#7126   b/a lookin mighty fine this morning FlatEarthSoc 12/02/16 10:20:29 AM
#7125   man o man this is going to run, hotstock_be_007 12/02/16 10:17:42 AM
#7124   NEWS will flow like the fountain of youth...... hitpaydirt 12/02/16 09:28:37 AM
#7123   Just resting until next leg up imo... Mike2112 12/01/16 05:39:11 PM
#7122   someone shakin the ol tree FlatEarthSoc 11/30/16 02:31:25 PM
#7121   yup..expected nothing goes straight up..especially if those "in Mike2112 11/30/16 01:07:20 PM
#7120   lets see how she does on her first hitpaydirt 11/30/16 12:57:36 PM
#7119   Went thru .15s nice...now at level for mgmt. Mike2112 11/29/16 05:06:48 PM
#7118   this stock is not widely held.. when it FlatEarthSoc 11/29/16 03:17:57 PM
#7117   I guess it's not IHUB folks doing the hotstock_be_007 11/29/16 03:07:32 PM
#7116   .17s up and hardly a whisper across iHub....NICE! Mike2112 11/29/16 02:51:56 PM
#7115   Me too...just maybe not as quiet..LOL Mike2112 11/29/16 09:41:55 AM
#7114   hey SPARKY! good to see this one taking FlatEarthSoc 11/29/16 09:30:31 AM
#7113   lookin good Mike! FlatEarthSoc 11/29/16 09:27:40 AM
#7112   imo this is ground floor and just getting Mike2112 11/29/16 08:46:52 AM
#7111   without a doubt man...... hitpaydirt 11/29/16 08:42:21 AM
#7110   sector is worth billions hotstock_be_007 11/29/16 03:48:43 AM
#7109   Thanks Mike2112 11/28/16 06:42:47 PM
#7108   250 mil times .14 cents = 35 mil hitpaydirt 11/28/16 06:03:46 PM
#7107   http://www.sterlinggroupventures.com/ directs you directly to mojo site now.. Mike2112 11/28/16 04:43:34 PM
#7106   Feel free to share when you have it Mike2112 11/28/16 04:29:57 PM
#7105   yeah...long wait but its HERE !!!!!! hitpaydirt 11/28/16 01:42:18 PM
#7104   Thanks for finding this. Updated with current info. Nightroads 11/28/16 01:39:07 PM
#7103   check this out..... hitpaydirt 11/28/16 01:30:50 PM
#7102   They've done it before..more than once~ SPARK 11/28/16 01:17:56 PM
#7101   Slow and steady which is nice..seems like these Mike2112 11/28/16 01:16:31 PM
#7100   Sure is buddy...easy as she goes~ SPARK 11/28/16 01:13:32 PM
#7099   Life is getting "gooder"! LOL Mike2112 11/28/16 12:54:05 PM
#7098   .14s going.... Mike2112 11/28/16 12:26:27 PM
#7097   ok, i get it now... thanks NR..... hitpaydirt 11/28/16 11:42:39 AM
#7096   i wonder what this means and if Sojourn hitpaydirt 11/28/16 11:08:27 AM
#7095   let's get the party started, go ahead and fade 11/28/16 09:45:34 AM
#7094   looking good here 0.11 x 0.15 hotstock_be_007 11/28/16 09:31:37 AM
#7093   Let's hope life is great again! lol Mike2112 11/27/16 08:46:17 PM
#7092   i guess we do well fuglasek 11/27/16 02:06:37 PM
#7091   SGGV..life is good~ SPARK 11/27/16 02:05:00 PM
#7090   09/26/2016 / 04:33 pm Release date- 23092016 - Sojourn Mike2112 11/27/16 01:53:35 PM
#7089   http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SOJ-2338465&symbol=SOJ&region=C fuglasek 11/27/16 01:23:32 PM
PostSubject