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Oh boy the 911 trade on a Friday.......
A lot of excitement from the recent COSG NFT auction. Looking for some of that to spill over this way.
<<,What happened to 300 billion A/S raise early this year?>>
It's sitting, waiting patiently for the right time to rise up.
Marvion™? achieved high demand and successful sales of the first batch of 5 movie remake license DOTs
Press Release | 07/26/2022
Marvion™? achieved high demand and successful sales of the first batch of 5 movie remake license DOTs
PR Newswire
SINGAPORE, July 26, 2022
With revenue exceeding US$2.6 Million TRIGGERS THE LAUNCH of the second batch of DOTS
SINGAPORE, July 26, 2022 /PRNewswire/ -- Bonanza Goldfields Corp. (OTC:BONZ) is pleased to announce that Marvion™? will be launching the second batch of 500 movie remake hybrid DOTs for sale on its MetaStudio soon in order to cater to ever growing for our hybrid DOTs.
Upon the premier launching our first movie remake license Digital Ownership Tokens (DOTs) in late June, MarvionTM is thrilled to report that sales of the premier launch have exceeded the USD2.6 million revenue within a month of its initial launch. The premier minting only represented the first batch of 5 movie remake licenses DOTs, including
The Sparkle in The Dark (2007/Action);
Toothless Vampires (1987/Drama);
A Wondrous Bet (2005/Comedy);
Sweet revenge (2006/Eternal); and
Ghost Story of Kam Pin Mui.
Marvion™? continues to pioneer the Web 3.0 space by creating an ecosystem for Intellectual Property (IP) licensing business. We believe that the IP licensing market will continue to gain traction in the near term our DOTs and MetaStudio market will continue to revolutionize the IP market by making it easily accessible to IP collectors and passionate content creators. Prospective buyers will now have the entire IP licencing market accessible at their fingertips by being able to surf through a variety of IPs in our MetaStudio and purchase them as DOTs in just a few clicks. The recent first batch launch of our flagship project illustrate the limitless potential of our DOTs and our MetaStudio market platform.
We are therefore excited to announce the minting and gradual release of the second batch of 5 movie remake with 500 license DOTS to further enhance fan engagement in the digital realm. Fans will be able to purchase the DOTs on Marvion TM multiverse platform using BNB for the first time.
The next 5 movies include the following Hong Kong classics:
A Girl Boxer (2004/Action);
Haunted School (2001/Horror);
Roaring Dragon Bluffing Tiger (2003/Action);
PTU File-Death trap (2005/Action); and
Blue Moon Story(2009/Romance).
The total value of the DOTs available for sale from the release of the second batch is estimated to exceed US$3,100,000, an increase of 20% in value from the first batch.
These hybrid-DOTs will be minted on both the Binance Smart Chan (BSC) and the Polygon chain at https://buy.marvion.media/en/marvion-ip-remake
Commenting on the upcoming second launch on IP Remake, Kevin Tan, CEO of Marvion™? said, "We are extremely encouraged by the positive results following the sales of our first set of 500 movie remake license DOTs on Marvion TM. In accordance with the company's vision for DOTs, this h-DOTs will continue to offer a more immersive and memorable experience captured on the blockchain for our members,. We are confident that our concept of offering remake licences through the use of the h-DOTs will disrupt the traditional way of licencing in the movie industry."
"We believe that IP movie remake plays an integral role in the revitalization of classic films for both the current generation and beyond as it will allow more and more people to look back at classic storylines but in an updated modern setting/cinematography.", says Ms Marsella Cheng, PR director of Marvion™?.
For more information on Marvion™? and its h-DOT offerings, please visit www.marvion.media.
Wondering why COSG has been actually trading recently. Tight b/a too.
What happened to 300 billion A/S raise early this year?
<<if dilution is what it takes to increase revenue exponentially, it's well worth doing.>>
Not for current shareholders.
Until I see massive dilution, I'm not too worried about the AS. Yes, bumping up the AS likely means dilution, but it doesn't mean BONZ is going to max it out. If I owned an OTC company, I would probably just do one massive increase to the AS too, instead of upping it every time I needed to. Considering the revenue already being generated, if dilution is what it takes to increase revenue exponentially, it's well worth doing.
<<I'm not a financial wizard though, so I could be way off here.>>
Your math seems right, but are you taking into consideration that the # of
authorized shares is 300,000,000,000 (11 zeroes).
This stock is now PRIMED for massive dilution and then a R/S. Which is sad.
Since it survived more than a decade without a R/S, which is so common with
these penny stocks..
R/S is inevitable. Just a matter of time.
If the MC is around $5M and they did $1.2M in revenue in their first month with this new business venture, isn't $BONZ a wee bit undervalued? I guess it boils down to earnings in the end, but it feels like this should be much higher. I'm not a financial wizard though, so I could be way off here.
That's great to see. "New flagship project crosses US$2 Million Revenue Milestone"… wasn't it at $1.2M last week? If so, that's some serious growth for $BONZ. Things really could explode here soon, IMO.
BONZ could get interesting.
Also a pr on otcmarkets
#BONZ: GREAT TIME TO ADD...
Others prefer documents that are "US Regulatory" authenticated.
NV SOS os the one and only! Nothing else matters!
Tell me...why is it not effective yet???
OTC markets and NV SOS is showing 2B AS!
Looks good to me. With "revenue exceeding US$1.2 Million in less than one month" $BONZ should be much higher. It'll happen soon, IMO.
Authorized Shares
1,970,000,000
07/10/2022
Outstanding Shares
1,867,681,876
07/10/2022
Restricted
1,306,405,510
07/10/2022
Unrestricted
561,276,366
07/10/2022
Held at DTC
524,187,096
07/10/2022
Float
551,285,004
05/30/2022
<<Most are restricted.>>
Is that your opinion (doesn't count), from a Twitter post (doesn't count),
or from a regulatory filing?
Most are restricted.
Oh well. It means nothing until they start diluting and they didn't do any dilution between 07/06 and 07/10, which would have been a good time to do it. This makes me believe $BONZ is going to start moving up.
the fact is that 300,000,000,000 was APPROVED. From the filing: (i added bold
to help out the reader. lol)
We are writing to advise you that, on January 10, 2022, the board of directors of Bonanza Goldfields Corp., a Nevada corporation (“BONZ,” “the Company,” “we” or “us”), and certain stockholders holding a majority of the voting rights of our common stock approved by written consent in lieu of a special meeting the taking of all steps necessary to effect the following actions (collectively, the “Corporate Actions”):
1. Amend the Company’s Articles of Incorporation filed with the Nevada Secretary of State (the “Articles of Incorporation”) to change the Company’s name to Marvion Inc.; and
2. Amend the Articles of Incorporation to increase the Company’s authorized capital from 2,000,000,000 to 300,000,000,000 shares, consisting of 270,000,000,000 shares of common stock, par value $0.0001, and 30,000,000,000 shares of preferred stock, par value $0.0001.
I'm just posting facts! Do your own DD!
I'm just posting facts! Do your own DD!
BONZ: Bonanza Goldfields is a ... Nevada USA gold mining company? No, that was before.
Now they're a Singapore "NFT" company. LOL You can't make this stuff up.
Oh ok. Then buy all the bonz you can get your hands on! lol
Wrong! A/S is still 2B! Check NV SOS. AS raise is still NOT effective... since January! Maybee they will cancel it?!
300,000,000,000 authorized shares !!!! That is insanity. Who in the world would buy this?
Interesting paint job. Hope it bodes well for $BONZ.
Nice 700,000 grab just now...
Maybe news just needs a little time to sink in...
More news coming too, as per, PR...
https://www.otcmarkets.com/stock/BONZ/news/Marvion-Crosses-US12million-Revenues-On-Sale-of-Intellectual-Property-Licenses-In-Important-Milestone-And-Adopts-Polygon?id=363958
Marvion™ Crosses US$1.2million Revenues On Sale of Intellectual Property Licenses In Important Milestone And Adopts Polygon Chain for DOTs in line with its vision to Achieving Carbon Neutrality in the near future
PR Newswire
https://www.marvion.media/
https://buy.marvion.media/en/resale-list
Wow... major disappointment here...
#BONZ: TGIF... GO repoman....$0.003
Think i am longer but really don't care to check.
$BONZ -- #DDAmanda Notes:
6-21-22 - Verified Chg - New: Verified **
6-14-22 - Verified Chg - New: UnVerified **
8K: 4-6-22 - material definitive agreement **
Def14: 1-21-22 - increase in authorized **
Pre14: 1-12-22 - increase in authorized **
12-28-21 - Address Chg - New: 6440 Sky Pointe Dr., Las Vegas, NV -- Old: 37/F, Singapore Land, Singapore, xx **
Tier: 12-27-21 - New: Current - Old: Limited **
12-21-21 - OS Inc - New: 1868, Old: 650, Chg: +1218, +187% **
11-9-21 - Address Chg - New: 37/F, Singapore Land Tower, 50 Raffles P, Las Vegas, xx -- Old: 6440 Sky Pointe Dr. , Las Vegas, NV **
10-5-21 - Officer Chg - New: Chan Man Chung, Old: Barbara M Bauman **
Tier: 11-24-20 - New: Current - Old: Limited **
Tier: 11-19-20 - New: Limited - Old: Current **
8K: 9-26-13 - asset purchase **
Jo**R 1-11-21 (2) Gold. Owns 100% AMLM
ex**t 1-6-21 (1) Las Vegas - based mining and mineral exploration company.
Jo**R 11-25-19 (1) Gold related.
I was off by a few years. Next Wednesday marks my 11 year anniversary on IHUB.
On 07/13/2011 I posted my first message. Been part of the BONZ family ever since.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=65157491
Wow I can’t believe it’s been that long…..I remember when one of the presidents of bonz used to call me and ask me to buy more shares
When did $BONZ up the AS? That's a terrbily high number, but irrelevent if they don't use it. Have they been diluting a lot lately?
Good to know. Could get interesting.
Easy call when you've followed this stock for 15 years!
You will be right….pos
Everyone who bought today will be underwater at the close.
Just a hunch!
<<Is $BONZ a dilution machine? >>
Good question. With 300,000,000,000 authorized, it's difficult to answer.
/s
He has or at least had a short position at one point. Pr states more updates coming.
Is $BONZ a dilution machine? Are you thinking they'll just keep running it into the ground?
<<You'll see some green with that one>>
2 days max. Take your profit
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https://www.marvion.media/
https://www.youtube.com/watch?v=YsV6xcEkv7I
https://marvion.media/
https://pbs.twimg.com/media/FAi8nU8UUAId4Yr?format=jpg&name=large
#BONZ:.ITEM.10.DIRECTORS,EXECUTIVE.OFFICERS.AND.CORPORATE.GOVERNANCE....
Julian So
Non Executive Vice Chairman
After graduating from Law School at the National University of Singapore (with Dean's list award), Julian So proceeded to obtain legal qualifications in Singapore, Hong Kong and the United Kingdom.
He practiced finance law in the then largest law firm in Singapore, Allen & Gledhill, and subsequently joined an international law firm in Hong Kong, Simmons & Simmons, specialising in securitisation, derivatives and structured finance.
Apart from legal private practice, Julian also has more than 15 years experience in the finance industry in all of the three Asian financial centres (Hong Kong, Singapore and Tokyo). During this time, he held senior positions in UBS AG, Royal Bank of Scotland, Morgan Stanley and was Head of Asia Fixed Income at Mizuho Securities.
Mr. So Han Meng Julian, age 50, was appointed to serve as our Director on October 18, 2021. Mr. So has more than 15 years of experience in the finance industry in all of the three Asian financial centers of Hong Kong, Singapore and Tokyo, as well as experience in the private practice of. Law with some of the largest firms in Singapore. Mr. So currently the Group Chief Executive Officer of Marvel Digital Group Limited and the Interim CEO of Marvion Private Limited. Prior to joining the Marvion group of companies, Mr. So was the Head of Asia Fixed Income at Mizuho Securities from 2009 to 2010, Vice President at Morgan Stanley from 2007 to 2009, Director at the Royal Bank of Scotland form 2006-2007 and Executive Director at UBS AG from 2001 to 2006. Mr. So practiced finance law in the then largest law firm in Singapore, Allen & Gledhill between (1996-1999), and subsequently joined an international law firm in Hong Kong, Simmons & Simmons (1999-2001), specializing in securitization, derivatives and structured finance. He received his law degree from the National University of Singapore in 1996 and is qualified to practice law in Singapore, Hong Kong and the United Kingdom. Mr. So brings to our board his deep experience in the finance and legal industries.
Dr Herbert Lee
Board Chairman
Dr. Lee is a certified Chartered Engineer and obtained a bachelor’s degree in structural engineering from the University of British Columbia, Canada. He completed a master’s degree in technology management at the Hong Kong University of Science and Technology and was awarded a Ph.D. in Engineering from the Hong Kong Polytechnic University. Dr. Lee was awarded a senior academician by the Hong Kong Institute of Asian Knowledge Management and was appointed by the China Academy of Management Sciences as the Executive Director of the Shenzhen Branch in 2018.
Dr. Lee has over 20 years of management experience in the high-tech industry and has won several awards for outstanding scientific and technological innovation. Dr. Lee has more than 45 registered patents and 800+ authorized patents worldwide.
Dr. Lee Ying Chiu Herbert, aged 69, was appointed to serve as our director on August 26, 2021. Dr. Lee is a seasoned businessman with significant experience in the Hong Kong and Chinese digital advertising market sector and technology development. Over the past 17 years, Dr. Lee has extensive working experience in technology management and 3D auto stereoscopy. Dr. Lee has served as director of Integrated Media Technology Corporation (IMTE: NASDAQ) and retired on May 31, 2019. During these years, he has also invested in many technology start-ups and incubated them into successful companies. Dr. Lee currently sits on the Board of Directors of Cosmos Group Holdings, Inc. (COSG: OTC PK). He brings to our Board his deep experience in technology development and digital advertising.
Dr. Chan Man Chung, age 63, was appointed to serve as our Chief Executive Officer, Chief Financial Officer, Secretary and a director of the Company on August 26, 2021. He is currently the founding Director and Executive Chairman of the Sustainable Development Institute for the United Nations and has served as the founding director of Institute of Systems Management since 2003. Since 2015 to September 30, 2021, Dr. Chan has served as Vice President of Marvel Digital Company, a subsidiary of Integrated Media Technology Corporation (IMTE:NASDAQ) and a director of IMTE. Dr. Chan has served as the Chief Executive Officer, Chief Financial Officer, Secretary and Director of Cosmos Group Holdings, Inc. (COSG: OTC PK) since August 13, 2021. Dr. Chan has taught and lectured at the Hong Kong Polytechnic University and New South Wales University, Australia, and published more than 22 articles relating to information systems, knowledge systems, data mining and artificial intelligence and brings to our board his deep experience in these fields. Dr. Chan also engaged in numerous research projects and authored numerous papers relating information and knowledge management systems, pattern recognition, data mining and artificial intelligence for business applications.
https://ih.advfn.com/stock-market/USOTC/bonanza-goldfields-pk-BONZ/stock-news/87718330/annual-report-10-k#BONANZA_I10K-123121_HTM_a54
ITEM 1. DESCRIPTION OF BUSINESS.
We are a Nevada holding company that through its subsidiaries are engaged in the media distribution business. Specifically, we provide authentication, valuation and certification (“AVC”) service, sale and purchase, hire purchase, financing, custody, security and exhibition (“CSE”) services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of digital ownership tokens (“DOTs”). We operate in two business segments through our subsidiaries: (i) a strategic business and management advisory services operated through Typerwise Limited, a Hong Kong limited liability company; and (ii) a DOT solution service business operated through Marvion Private Limited, a Singapore limited liability company. Typerwise is a cross-cultural strategic and management consulting firm founded by an investment banking professional with experience in financial markets, legal, compliance and business operations. Typerwise offers financing and business development solutions as well as related professional services such as assisting clients in meeting regulatory and best practices requirements. With the development of the Digital Ownership Tokens (“DOT”) based on blockchain technologies, Typerwise has been assisting technology companies in meeting regulatory and legal requirements while setting up and offering DOT products and services in Hong Kong. Leveraging the blockchain technologies obtained by Marvion, the group developed a media distribution business by minting a DOT for the media as a unique identification to track and identify the ownership and access rights to the media products. The media products can be movie, music or graphics files. Marvion will acquire the media and sell all DOT minted media products through online marketplaces. Typerwise was incorporated on May 29, 2018, in Hong Kong. During the years ended December 31, 2021 and 2020, our strategic business and management advisory services segment generated revenue of $201,137 and $0, respectively, and our sale and distribution of the licensed media content embedded with DOT solution business segment generated revenue of $95,955 and $0, respectively. The Company accepts payment for services in the form of select and liquid digital assets, but does not hold digital assets as an investment. Such digital assets should be converted into fiat currency or stable digital currency after receipt, subject to the factors include but not limited to currency fluctuations, government policies, exchange control regulations, and general economic market condition.
In providing our service solutions, we rely on third party blockchain platforms to complete our services. Because we are dependent on third party providers to support certain aspects of our business activities, any interruptions in services by these third parties may impair our ability to service our clients. Please see “Risk Factors- We rely on third-party service providers and partners for certain aspects of our operations, and any interruptions in services provided by these third parties may impair our ability to support our users.” Our solutions, however, are blockchain independent in that we do not rely specific on a single blockchain provider to complete our service solutions but may switch our media to different blockchain services on an as needed basis. We currently have no plans to develop or maintain our own blockchain and intend to focus on providing business solutions.
On October 18, 2021, we acquired Marvion Holdings Limited, a British Virgin Islands limited liability company, that is engaged in the business of management advisory services and DOT solution services. Our DOT solution services include: (i) creating DOTs for third party movie and music producers, including media authentication and access information; and (ii) providing a website platform to host, access and consume (view or listen) their media. We will charge a fee to create DOTs for their movie and music works. We will also be charging a platform fee for each success selling of their DOT on our platform. While their media is hosted on our media marketplace platform, user access to the media with the proper DOT will not incur extra charges.
Marvion Private Limited, the operating company of Marvion Holdings Limited, was incorporated on August 19, 2021, in Singapore. With the acquisition of Marvion, we plan to build a more profitable entertainment ecosystem that provides more cost effective and autonomous solutions, with less middlemen and more direct access to the media distribution. We aim to integrate the two businesses to help prospective songwriters, producers, independent labels and performers navigate the potential issues in engaging their works with a wider audience through DOT.
Dr. Lee is a certified Chartered Engineer and obtained a bachelor’s degree in structural engineering from the University of British Columbia, Canada. He completed a master’s degree in technology management at the Hong Kong University of Science and Technology and was awarded a Ph.D. in Engineering from the Hong Kong Polytechnic University. Dr. Lee was awarded a senior academician by the Hong Kong Institute of Asian Knowledge Management and was appointed by the China Academy of Management Sciences as the Executive Director of the Shenzhen Branch in 2018.
Dr. Lee has over 20 years of management experience in the high-tech industry and has won several awards for outstanding scientific and technological innovation. Dr. Lee has more than 45 registered patents and 800+ authorized patents worldwide.
After graduating from Law School at the National University of Singapore (with Dean's list award), Julian So proceeded to obtain legal qualifications in Singapore, Hong Kong and the United Kingdom.
He practiced finance law in the then largest law firm in Singapore, Allen & Gledhill, and subsequently joined an international law firm in Hong Kong, Simmons & Simmons, specialising in securitisation, derivatives and structured finance.
Apart from legal private practice, Julian also has more than 15 years experience in the finance industry in all of the three Asian financial centres (Hong Kong, Singapore and Tokyo). During this time, he held senior positions in UBS AG, Royal Bank of Scotland, Morgan Stanley and was Head of Asia Fixed Income at Mizuho Securities.
https://ih.advfn.com/stock-market/USOTC/bonanza-goldfields-pk-BONZ/stock-news/87718330/annual-report-10-k
ITEM 1. DESCRIPTION OF BUSINESS.
We are a Nevada holding company that through its subsidiaries are engaged in the media distribution business. Specifically, we provide authentication, valuation and certification (“AVC”) service, sale and purchase, hire purchase, financing, custody, security and exhibition (“CSE”) services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of digital ownership tokens (“DOTs”). We operate in two business segments through our subsidiaries: (i) a strategic business and management advisory services operated through Typerwise Limited, a Hong Kong limited liability company; and (ii) a DOT solution service business operated through Marvion Private Limited, a Singapore limited liability company. Typerwise is a cross-cultural strategic and management consulting firm founded by an investment banking professional with experience in financial markets, legal, compliance and business operations. Typerwise offers financing and business development solutions as well as related professional services such as assisting clients in meeting regulatory and best practices requirements. With the development of the Digital Ownership Tokens (“DOT”) based on blockchain technologies, Typerwise has been assisting technology companies in meeting regulatory and legal requirements while setting up and offering DOT products and services in Hong Kong. Leveraging the blockchain technologies obtained by Marvion, the group developed a media distribution business by minting a DOT for the media as a unique identification to track and identify the ownership and access rights to the media products. The media products can be movie, music or graphics files. Marvion will acquire the media and sell all DOT minted media products through online marketplaces. Typerwise was incorporated on May 29, 2018, in Hong Kong. During the years ended December 31, 2021 and 2020, our strategic business and management advisory services segment generated revenue of $201,137 and $0, respectively, and our sale and distribution of the licensed media content embedded with DOT solution business segment generated revenue of $95,955 and $0, respectively. The Company accepts payment for services in the form of select and liquid digital assets, but does not hold digital assets as an investment. Such digital assets should be converted into fiat currency or stable digital currency after receipt, subject to the factors include but not limited to currency fluctuations, government policies, exchange control regulations, and general economic market condition.
-
BONZ SECURITY DETAILS
Share Structure
Market Cap Market Cap $9,525,178 02/15/2022
Authorized Shares 1,970,000,000 02/15/2022
Outstanding Shares 1,867,681,876 02/15/2022
Restricted 1,306,405,510 02/15/2022
Unrestricted 561,276,366 02/15/2022
Held at DTC 524,187,096 02/15/2022
Float 551,285,004 12/31/2020
https://www.stockscores.com/chart.asp?TickerSymbol=BONZ&TimeRange=180&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen
https://www.otcmarkets.com/stock/BONZ/news/Bonanza-Goldfields-Corp-plans-to-acquire-Marvion?id=321851
https://twitter.com/MMusicMonarch
https://www.facebook.com/marvionmetaverse
https://musicmonarch.omnificblockchain.com/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167029859
https://www.coinllectibles.art/
https://opensea.io/
https://rarible.com/
https://superrare.com/
https://www.youtube.com/watch?v=8mtqiOydtSQ&list=PL1dgf2n-XfIZca2GEG2REMU9FEX3gFttE&index=1
This is a 6-part series on understanding Fusion & Hybrid NFTs brought to you by Coinllectibles & Marvion
https://www.youtube.com/playlist?list=PL1dgf2n-XfIZca2GEG2REMU9FEX3gFttE
https://twitter.com/marvion_media/status/1504472702702145549
https://twitter.com/Julianshm/status/1506972367100121098
https://sports.coinllectibles.art/en/home
https://twitter.com/coinllectibles/status/1531210664810844162
https://twitter.com/marvion_media/status/1534490672044003329
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