SMC Entertainment Inc (SMCE)

[Helter Skelter]

••• PREPARE TO LAUNCH •••



BLAST OFF when the 290 million shares come off SMCE's OS count! KABOOM!

Current Market Cap is $6,782,844 (OS 692,126,974 x $0.0098 current price)

Subtract 290 million shares from the OS leaves SMCE with an OS of 402,126,974.

Market Cap will then be a paltry $3,940,844...with an acquisition valued at $45,000,000 coming down the pike, about to be consummated!

SMCE Current Share Structure > https://www.otcmarkets.com/stock/SMCE/security



This is what SMCE Market Cap and Share Structure would look like with 290 million restricted shares returned/cancelled with a current pps of $0.0098.



Market Cap at $3.94 million with an acquisition valued at $45,000,000 coming into SMCE? EXTREMELY UNDERVALUED! By a factor of 10-20x! Easy!

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SMC Signs a Letter of Intent to Acquire 100% Equity Interest in Genesis Financial Inc., a Fintech-Powered Wealth Management Service Provider
Press Release | 11/10/2021
POINT ROBERTS, WA / ACCESSWIRE / November 10, 2021 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE) today announced that it has entered into a letter of intent ("LOI") to acquire 100% equity interest in Genesis Financial, Inc. ("Genesis"), a diversified financial services company with a focus on fintech-powered Wealth Management advisory services. The acquisition is valued at $45 million.

Genesis operates its business mainly through two Australian regulated entities in wealth management, tax and accounting advisory services. For the 9 months to September 2021 the Australian operations generated gross revenue of approximately $15,765,000 (AUD$21,371,861) and derived EBIT of approximately $1,035,600 (AUD$1,403,919).

Read more...https://www.otcmarkets.com/stock/SMCE/news/SMC-Signs-a-Letter-of-Intent-to-Acquire-100-Equity-Interest-in-Genesis-Financial-Inc-a-Fintech-Powered-Wealth-Management?id=330054

SMC Entertainment Provides Shareholder and Performance Update and a Message from its Newly Appointed President
Press Release | 11/16/2021
POINT ROBERTS, WA / ACCESSWIRE / November 16, 2021 / The newly-appointed president of SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE), Mr. Erik Blum, is pleased to provide a personal message and year-to-date shareholder and performance update.

To our valued shareholders:

I'm excited and thankful for SMC's Board's vote of confidence in me as the new president and it's with great honor to be part of SMC's management team. As your new president, I intend to accelerate our agile and rapid growth strategy by focusing on our immediate goals which include raising capital, become a fully reporting company, up listing to a senior tier and explore additional acquisitions and partnerships. With its recent acquisition announcement of Genesis Financial Inc.("Genesis"), SMC is transforming itself to take advantage of emerging trends in the Financial Technology ("Fintech") industry.

Share Capital Structure.

As at 11/15/2021, SMC's total outstanding common shares were 672,126,974 representing 498,339,506 restricted shares and 173,787,468 unrestricted shares. SMC is seeking to cancel a total of 270,000,000 restricted shares: (i) 200,000,000 shares held by a former executive; (ii) 30,000,000 shares held by a former consultant; and (iii) 40,000,000 shares from unwinding a prior acquisition. SMC will be creating preferred stock series to incentivize its management team and company insiders, preserving common shares for capital funding while minimizing dilution. At least one preferred stock series will have super-voting rights providing management with expeditious execution of corporate actions.

Please note, SMC's share count of 672,126,974 outstanding and 498,339,506 restricted is the correct count compared to what OTC Markets is displaying on our profile. This 20,000,000 share discrepancy stems from an April 1, 2021, share cancellation that SMC already accounted for, however, SMC's Transfer Agent has not processed the cancellation request. SMC and its Transfer Agent are rectifying the discrepancy.

Read more...https://www.otcmarkets.com/stock/SMCE/news/SMC-Entertainment-Provides-Shareholder-and-Performance-Update-and-a-Message-from-its-Newly-Appointed-President?id=331144

This stock is going to ROCKET! The SMCE ROCKETSHIP! :)

$SMCE Strong Buy

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