Momentous Entertainment Group (fka MMEG)

[foxtrader]

LATEST NEWS AND FOX'S SYNOPSIS FOR NEW INVESTORS (updated April 25, 2017)

Momentous Entertainment Group to Acquire Mobile Ad Network BLACKFOX

Marketwired April 25, 2017

LAS VEGAS, NV--(Marketwired - Apr 25, 2017) - Momentous Entertainment Group, Inc. ("Momentous") ( OTCBB : MMEG ), an online social media network company vertically organized into four business areas: social networking, social gaming, ecommerce sold consumer products and services, and OTT streaming media content creation and distribution, announced today that it has executed a Letter of Intent to acquire BLACKFOX.IO ("BLACKFOX").

BLACKFOX.IO is a mobile advertising network with a strong worldwide affiliate network. BLACKFOX experienced explosive growth in 2015 through over a dozen premium and big-budget advertisers. BLACKFOX has a unqiue competitive advantage in that their customers only pay for performance for sucssesful installs or generated purchases. In addition, BLACKFOX clients are allowed to pay on credit terms (after a credit check). With mobile advertising on the rise, BLACKFOX is well positioned to offer advertisers a risk-free opportunity to capitalize on this growing niche. The biggest opportunity readily available to Momentous is BLACKFOX's ability to quickly scale as BLACKFOX has hundreds of pending affiliates applications wanting to use and make money via their ad platform.

In business since 2014, with 12 employees, BLACKFOX continues to thrive and has seen extraordinary growth since inception. Since 2014, the company has had constant growing evergreen revenue. What makes this business evergreen is primarily due to the fact that mobile advertising is now on the rise and BLACKFOX provides a risk free service to help well established and new companies grow their user base by only paying for the successful performance of their product promotion and advertising. .

Momentous CEO Kurt Neubauer stated, "This brings a fourth acquisition to Momentous and adds yet another revenue stream to enhance our overall top and bottom line revenues. Momentous is utilizing both sides of the market equation, having a large worldwide base of social media subscribers and/or customers and identifying and acquiring ecommerce and other products and services that will appeal to those user bases. We are continuing to work our acquisition model and expect to continue this process throughout the year."

About BLACKFOX

BLACKFOX.IO http://www.blackfox.io is a unique mobile ad networks company that has been silently innovating the performance digital marketing sector by delivering highly qualified sales and leads to our trusted clients. BLACKFOX's team has combined over 20 years experience in the performance marketing space and within that time frame they've generated millions of dollars for their clients. They work with their clients to create tailored marketing campaigns to find the perfect audience.

About Momentous Entertainment Group (MMEG)

Momentous Entertainment Group, Inc. (MMEG) is an online social media network company. It is vertically organized into four business areas: social networking, social gaming, ecommerce sold consumer products and services, and OTT (Over-The-Top) streaming media content creation and distribution.

With more than 11 million online registered users worldwide, Momentous' value proposition serves multiple stakeholders: 1) Social network users, 2) OTT streaming content users, 3) Online gamers, and 4) Consumers looking to buy products and services through our e-commerce portal and our social network.

Please note the Company may use social media to communicate with the public. This communication may include information that could be deemed material information. As a result, the Company encourages interested parties to review the information that it posts on the following social media channels: Facebook (https://facebook.com/momentousent13), Twitter (https://twitter.com/momentousent13), and LinkedIn (https://www.linkedin.com/company/15878606).

To learn more, visit Momentous Entertainment Group's websites
Corporate Site www.momentousent.com, Music Site www.momentousmusic.com and Music One Corp www.music1.biz.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of Momentous Entertainment Group Inc's (MMEG) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of MMEG to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents MMEG files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on MMEG's future results. The forward-looking statements included in this press release are made only as of the date hereof. MMEG cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, MMEG undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by MMEG.

FOX's SYNOPSIS (updated April 25, 2017)

This is the third update I have done in the past few months. At this point, I think I know the company pretty well.

Let's jump right in to the big picture and take a look at what Momentous is setting out to achieve with their acquisitions. While these acquisitions may look random and scattered, this is far from what is actually happening. We have a brilliant CEO who is aware of where the future of entertainment is headed, and that is via the internet. Today marks the fourth acquisition in a matter of a few months for Momentous, so you can see where we're headed.

From the Website:

"Momentous Entertainment Group, Inc. (MMEG) is an online social media network company. It is vertically organized into four business areas: social networking, social gaming, ecommerce sold consumer products and services, and OTT media content creation and distribution. With more than 11 million online registered users worldwide, Momentous’ value proposition serves multiple stakeholders: 1) Social network users, 2) OTT content users, 3) Online gamers, and 4) Consumers looking to buy products and services through our e-commerce portal and our social network."

The big picture in a nutshell if you are in a hurry, but I urge you to continue reading after these ten key points. Details to follow including quotes from the website, links, and other interesting articles backing this up.

1. Momentous is an entertainment/social media/gaming/ecommerce and OTT media company that will uniquely and quickly enter the internet-based entertainment revolution market (tv/film/sports/games).

2. They will enter this market by offering tv/film/sports/games on the social media platforms they acquire (and they've already acquired Poolworks, a German social media company with 14 million subscribers) via streaming and VOD (video-on-demand) services world-wide.

3. By acquiring companies such as social media platforms like Poolworks (their first social media company acquisition), Momentous does not need to re-invent the wheel. They will revamp and build-out this social media company which will take far less longer than starting from the ground up building their own social media website. This is part of their "roll-up" strategy detailed later in this post. Once Poolworks is revamped, they will be able to offer to their subscribers many forms of entertainment

4. This entertainment will be offered through video-on-demand programming (both pay-per-view and by subscription) which will allow them to generate huge revenues. (Just look at Amazon or Netflix or HULU and realize what they charge just to watch one episode of one tv show or movie and you'll see the potential for huge revenues here).

5. Since Momentous is also an entertainment company, they also produce their own tv shows, music, and in the future, movies. In terms of television, presently in production is a reality tv show about Bobby Dale Earnhardt, the youngest of the famous Earnhardt's NASCAR drivers. Other reality shows are in the works including a reality show about Dennis Giles and his quarterback academy. Their own productions are a part of the picture as they will also offer these tv shows to their subscribers.

6. Momentous also plans to acquire various film/tv libraries so that they may also offer a multitude of tv shows and movies to their subscribers for a fee.

7. Another item Momentous will be offering their subscribers is games. Thus, they have first acquired Chimera Company Games. Again, no need to re-invent the wheel, they merely purchased an existing company.

8. Momentous will also be involved in ecommerce to generate revenues thus the intent to acquire Ecommerce retailer Neurofuse. Ditto here, no need to re-invent the wheel. They are looking to offer their own branded merchandise so this is an avenue to get there.

9. Momentous has a music division and Momentous Music is launching work on its third album. It will be titled "Crossings - From Here to Eternity". Thus, Momentous will be producing and releasing their own albums in the future.

10. In a nutshell, Momentous has, and is planning on, acquiring companies with existing platforms in order to expeditiously enter the huge social media/tv/film internet market of the future. They do not need to build from the ground up, thus being able to enter the market much faster simply by re-working and building out existing platforms.

We have a rapidly growing social media network/entertainment company that plans on offering many forms of entertainment globally via VOD (video-on-demand), and streaming over the internet THROUGH the social media companies they own. Think of the revenues generated by companies like Amazon, Netflix, and HULU and you see where we're headed. They will offer tv/film/music/games to their subscribers for a fee, and those fees are going to add up. This is a very interesting and innovative company with a global vision in the internet-based tv/film future.

Now for the details.

First and foremost, one must understand that the future of entertainment--tv/film/sports/music/games--is over the internet. As a former film/tv producer for 20 years, I have seen many changes in the entertainment business, many technical advancements. Anyone who doesn't get on track with these changes gets left behind. Those who get on board with the reality of where the industry is going is headed toward a very profitable future--which also ensures they don't become dinosaurs and become extinct.

The entertainment industry future is via the internet. Internet-based tv/film is where the industry is headed. Back to Momentous. How is Momentous going to take advantage of the changing entertainment industry and create a global business that generates huge revenues and how are they going to do it?

Second, you may have noticed the recent acquisitions. As I just stated, these are not random, grabbing at straws, but a highly orchestrated set of maneuvers that will put them on the global stage and make them hugely profitable. Take a look at the Momentous website, and you will see how the pieces of the puzzle fit together, as Kurt Neubauer, the CEO, has recently updated it with information you can see about how they fit together.

Momentous now has as partners: Facebook, PayPal, GamePoint, TPNG, tisoomi, Plinga, Plusserver, amazon web services, Goodgame studios, and Criteo.

Momentous's strategy is to acquire more companies the remainder of 2017 that work synergistically together.

From the website:

Momentous Entertainment Group’s management continues to review a number of possible acquisition targets that will grow the Company's revenues and provide steady long term growth. The Company plans to act on these potential acquisition targets throughout the remainder of 2017 and into 2018 to prepare and qualify for an up listing to either the NASDAQ or NYSE Markets..

Poolworks, their first social media network acquisition is a German social media platform with two social media sites, StudiVZ and MeinVZ. Here are the link to Momentous's page about Poolworks.

http://www.momentousent.com/fin/poolworks.html

This is the first of their social media acquisitions, and they are focusing their acquisitions first in the U.S. and Europe, and then later in other parts of the world.

Here is a quote from the Momentous website about their "roll-up" strategies:

Current Roll Up Strategy (from the website):

Momentous is a diversified entertainment company that through its wholly owned subsidiaries develops, delivers and directly markets content to its targeted markets. Momentous’ roll-up strategy is to acquire small cable systems, radio, and television stations and technologies to be used in the development of a portal to allow access to the company’s profit centers over the internet and mobil devices. The portal will stream Momentous’ radio and television holdings, allow the sale and download of music, video and other intellectual properties owned and marketed by the company. The content will be developed using known and discovered talent under long-term contracts to the Company.
The roll-up strategy is focused on radio and television groups, any technologies the groups may have developed that can be integrated into Momentous’ proposed streaming network and cable operators."

Here's an article about the future of the internet-based television industry:

http://www.economist.com/news/business/21702177-television-last-having-its-digital-revolution-moment-cutting-cord

Momentous's largest acquisition so far is Poolworks, a German social media company which has two social media sites, StudiVZ and MeinVZ.

To ensure no one thinks I a just speculating here, I've posted quotes directly from the Momentous website that illuminate exactly what I am saying:

"Momentous will deliver film, TV and sport content on a VOD (video on demand) and SVOD (subscription video on demand) business model with Poolworks LTD, one of Germany's largest social media platform with 14 million members and 10 million visits per month."

"To implement the service, Momentous will source the film, TV and sports content from their Hollywood and global relationships; and work with a designated video delivery platform to fulfill the integration into the social media websites. Once this service is implemented and fully operational, Momentous plans to offer the same service to other foreign social media companies." -- directly from the website.

"When enough of this content is free and clear of licenses worldwide, Momentous has the opportunity to create a designated branded movie channel and offer it to various international cable MSOs and satellite providers."

How they will use Poolworks (and future social media network acquisitions) to generate revenue:

"Momentous will provide entertainment content to Poolworks social media sites, StudiVZ and MeinVZ. The Company will deploy a Momentous online branded network with a full end-to-end OTT streaming solution. The service will be offered on an ad driven basis, a pay-per-view, and a recurring monthly subscription fee model.

"Poolworks and Momentous Entertainment will share in the multiple revenue streams from advertising sales, transactional Video on Demand (VOD) and monthly subscription fees charged to poolworks' members who choose to sign up for the Subscription Video On Demand (SVOD) service."

"Momentous is reviewing various film and content libraries which enables Momentous to own these assets and continue to monetize them through streaming media, VOD, and SVOD platforms globally."

Here are the two social media sites, yes they are in German but this is no joke, they are real and used by 10 million of subscribers. They are based in Berlin.

http://www.meinvz.net/Default

http://www.studivz.net/Default

As several of the posters on MMEG board keep saying "it's a mini Facebook". Yes! If you want to REALLY dig deep, look at the "about us" page on their social media sites (both are similar) and you will see a large box with a drawing of a building in it. If you scroll over the windows with your mouse, you will see all the different branches of meinvz and studivz employees and pictures of the employees themselves. The words to the right of the box say, "Who is behind the VZ networks? Just click on the windows to find out!" If you scroll over the bottom right picture, that is the picture of the building in Berlin where they are based. I speak German so yes I know this.


http://www.meinvz.net/l/about_us

Now on to the reality shows Momentous is producing. First tv reality show is called "Chasing A Legacy" and features Bobby Dale Earnhardt, grandson of the great NASCAR driver, Dale Earnhardt Sr. Without getting into all the details, you can click below to see the Momentous page about the reality show and watch a sneak peek preview.


http://www.momentousent.com/REL/MEG_Earnhardt_Real-1.html

Here is a link to the other reality show they are working on, The Dennis Gile Quarterback Academy. Same, you can read about it here and watch a preview.

http://www.momentousent.com/REL/MEG_Gile_Real.html


Recent press releases:

http://www.marketwired.com/press-release/incubator-stock-review-initiates-coverage-on-momentous-entertainment-group-otcbb-mmeg-2202965.htm

http://www.marketwired.com/press-release/momentous-entertainment-group-to-acquire-ecommerce-retailer-neurofuse-otc-pink-mmeg-2199009.htm

http://www.marketwired.com/press-release/momentous-entertainment-group-closes-on-chimeracompanygamescom-acquisition-otcbb-mmeg-2202300.htm

http://www.marketwired.com/press-release/momentous-entertainment-group-appoints-david-micek-senior-vice-president-corporate-otcbb-mmeg-2195615.htm

http://www.marketwired.com/press-release/momentous-entertainment-group-negotiates-creditor-settlement-poolworks-debt-closes-on-otcbb-mmeg-2194245.htm

Momentous Entertainment Group Negotiates Creditor Settlement for Poolworks Debt and Closes on German Social Networks studiVZ and meinVZ Acquisition

Social Media Acquisition Expands Distribution in Germany, Switzerland and Austria

LAS VEGAS, NV--(Marketwired - Feb 8, 2017) - Momentous Entertainment Group, Inc. ("Momentous") (OTCBB: MMEG), a diversified media company with a focus on technology that creates, produces and distributes quality content across various media platforms, announced today that it has reached an agreement with Poolworks' major creditor and executed a definitive agreement resulting in the completion of the acquisition of Poolworks Germany Ltd ("Poolworks"), one of the largest social media companies in Europe with its social networks studiVZ and meinVZ, for $10 million in preferred stock.

The studiVZ platform was founded in 2005 in Berlin and received investment capital from Lukasz Gadowski, Georg von Holtzbrinck Publishing Group and the Samwer brothers. It was acquired along with meinVZ by Georg von Holtzbrinck Publishing Group in 2007 for 85 million euros and then by financiers Michael Pope and Adam Levin in 2012. Today, studiVZ and meinVZ has nearly 10 million registered users and over 40M ad impressions, largely in the German-speaking countries of Germany, Switzerland and Austria.

Momentous is committed to relaunching the Poolworks web and mobile platforms to increase user engagement and retention. Users will see expanded video features such as a new OTT streaming service and an easy-to-use e-commerce capabilities to attract a wider audience and additional revenue. The executive team at Momentous is committed to maintaining a strong focus on information security for its users, something that competing German social networks continue to neglect.

Momentous' CEO, Kurt Neubauer, stated, "Our management team was very concerned when we came to understand the gravity of the credit issues with Poolworks. But, after a number of discussions and negotiations, Momentous' management has reached a settlement agreement with the Poolworks creditor. We are very pleased that the creditor was willing to come to the table and negotiate a positive solution for the Company and its shareholders." Mr. Neubauer also stated, "This has allowed Momentous the ability to close on the acquisition and begin to advance Poolworks' social media system to enhance its users' experiences by offering new features such as our streaming media services and other industry leading product enhancements."

About Poolworks Germany Ltd.
Poolworks' studiVZ and meinVZ record nearly 10 million registered users between the ages of 16 and 59 and over 40 million ad impressions per month. Established in Germany in 2005, Poolworks has evolved into a recognizable household name by developing new platforms, integrating content, and marketing social games. To learn more, visit Poolworks' websites: www.studivz.net and www.meinvz.net.

Momentous links:

Website: http://www.momentousent.com/

Facebook (https://facebook.com/momentousent13),

Twitter (https://twitter.com/momentousent13)

LinkedIn (https://www.linkedin.com/company/10623581)

Poolworks's Meinvz: http://www.meinvz.net/Default

Poolworks's Studivz: http://www.studivz.net/Default

Chimera website: https://www.chimeracompanygames.com/secure/

Neurofuse website: https://www.neurofuse.com/focus/

Blackfox website: http://www.blackfox.io/

Corporate Overview & Strategy (from the website):

Momentous Entertainment Group (Momentous) is creating a wide moat between themselves and their competitors. Momentous is a media company that operates within four segments of the media industry. These segments included content, distribution, live events and direct marketing. Currently, the content segment has a recording division and a film and television division. The recording division currently is offering an album to the adult contemporary market entitled the ‘Greatest Story Every Sung’ with music from Roger Clark and Suzanne Olmon and narration of the story of the life of Jesus by Stephen Baldwin. The recording division has also commenced work on a second album project titled, “Crossing – From Here to Eternity” which will be focused on the adult contemporary listening market featuring Suzanne Olmon on vocals.

The film division currently has signed talent contracts with Bobby Dale Earnhardt, Dennis Gile, and the ARCA Truck Series to develop content around the talent and the segment of the sports and entertainment industry in which they make their living. The distribution segment will focus on the distribution of Momentous content through wholly owned cable, radio, television, and streaming distribution outlets. The live entertainment segment will focus on highlighting Momentous’ contracted artists, their content and the creation of additional content that cost has been cover by the consumers. The marketing segment will directly sell Momentous intellectual property to consumers.

Momentous’ guiding premise is that content is a value creator. Contents value continues to increase even as the distribution markets mutate. Despite the changes in consumption patterns, paid content penetration remains well above 80% of households in the U.S. Even without a paid content subscription, most "cord cutters" still consume media content. OTT offerings such as Netflix and Amazon Prime have created their own content, both services require deep libraries to gain and retain subscribers. Given the ongoing demand for content, Momentous believes content creation is not a zero-sum game, as quality content will always find an outlet and create value for shareholders.

We will be expecting news on various fronts in the coming weeks and months ahead. Some of the news we're expecting is about the status of their reality shows and also news about the closing of the Neurofuse and Blackfox acquisitions, so stay tuned! We will also be looking forward to updates on the building-out of Poolworks, and any other new surprises from the CEO.

Last but not least, check out the CEO's Audio Shareholder's update for the first quarter of 2017, which you can also view in PDF here:

http://www.momentousent.com/ir/MEG_Audio_Update_FEB_2017.html

My personal opinion is this is a great company with a very good CEO who has kept current with all filings and has an excellent business strategy heading into the internet revolution. He also returns emails promptly. So far, everything he has set out to do and said he was going to do has materialized.

Finally, this is not all of the DD. This is a very good start at understanding Momentous and a look at the big picture. Please make your own investment/trading decisions. Thank you for reading and good luck.

--Foxtrader