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Pulse Evolution Group Inc. (DGLF)

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Last Post: 5/24/2019 6:55:29 PM - Followers: 77 - Board type: Free - Posts Today: 0

1:10,000 RS Coming


(Ticker Symbol: CRCO)




High Five Entertainment:

BrickTopProductions / Recall Studios: http://recallstudios.com/








On June 22, 2016, Carolco Pictures, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) by and between the Company, Tarek Kirschen, the Chief Executive Officer of the Company and South Centre, Inc. (“South Centre”).

In the Release Agreement, the Company also agreed to issue to Mr. Kirschen 5,000,000 shares of Series A Stock, and 1,000,000 shares of newly designated Series B Preferred Stock of the Company, par value $0.0001 per share (the “Series B Stock”), and Mr. Kirschen agreed to forgive $438,767.35 that was owed by the Company to Mr. Kirschen (the “Debt”). See Item 5.03 below for a description of the Series A and Series B Preferred Stock.

On July 20, 2016, Carolco Pictures, Inc. (the “Company”) entered into that certain Amendment to Promissory Notes (“Notes Amendment”) with Alexander Bafer, whereby the maturity date of each of our five loans from Mr. Bafer was amended to be August 1, 2017 instead of October 1, 2015. The five loans are represented by Replacement Convertible Promissory Notes (“Notes”). Pursuant to the terms of the Notes Amendment, Mr. Bafer waived any default under each of the Notes through the date of the Notes Amendment as a result of any amounts payable under the Notes not being paid as of October 1, 2015 and waived the payment of any Default Interest (as defined in the Notes) through the date of the Notes Amendment as a result of such failure of payment. No other terms of the loans changed, and we did not pay any consideration for the extension. Our outstanding balance on the loans under the Notes as of July 20, 2016 was approximately $468,662.

On July 25, 2016, pursuant to the Contribution Agreement, the Company issued 1,990,000 shares of Series A Stock and 25,256,250 shares of Series C Stock to the Recall Shareholders in exchange for the contribution to the Company by the Recall Shareholders (collectively) of 25,256,250 shares of common stock of Recall, and 748,334 shares of Class A Preferred Stock of Recall, collectively constituting 100% of the issued and outstanding capital stock of Recall.

Mr. Bafer is our Chief Development Officer, a Director and Chairman of the Board of Directors of the Company. Mr. Bafer is a seasoned executive and established entrepreneur, having generated tens of millions of dollars in revenue for companies during his career. Mr. Bafer has successfully led the organization and development of numerous startup companies, and achieved many successful exits. The Company is the latest success story for Mr. Bafer. During the 5 years under his direction, the Company (formerly known as Brick Top Productions) went public, acquired an Emmy award-winning production company that was generating substantial revenue, and acquired the rights to the name and service mark of “Carolco Pictures”, which belonged to a now defunct but famous Academy Award winning studio behind blockbuster films Terminator 2 & 3, The Rambo Series, Total Recall, and Basic Instinct, just to name a few of the 36 films produced by the famous studio that earned it 16 Academy Award nominations and 6 Academy Award wins. Mr. Bafer’s vision was to rebrand the Company as the new “Carolco Pictures” and reunite the powerhouse name with the famous studio’s original founder and CEO, Mario Kassar. Mr. Bafer was successful, bringing Mr. Kassar on board as the Company’s Chief Development Executive and also as Chairman of the Board from February 2015 through January 2016. This ultimately resulted in the October 2015 sale of Mr. Bafer’s majority interest of the Company for a significant multiple. Given the successes yet to come, Mr. Bafer could not stay away from the Company for long. When new management of the Company asked him to come back to assist in leading the Company back to prominence, Mr. Bafer agreed. Prior to his work with the Company, Mr. Bafer was an equity partner with Guaranteed Mortgage Bankers, where he was responsible for managing and training 75 sales agents throughout 6 multi state offices. During his 4-year tenure at Guaranteed Mortgage, before selling his equity interest, his efforts resulted in a cumulative revenue increase for the company of more than 300%. Mr. Bafer’s business management and financial acumen were apparent even early on in his career and have permeated throughout it ever since. After graduating in the top 4% of his St. John’s University class, Mr. Bafer moved on to help manage a $500 million portfolio at Merrill Lynch in New York City. He then assumed a position as senior account executive with Preferred Securities Group in Boca Raton, Florida, where he was quickly promoted to President and Managing Director responsible for overseeing the firm’s three trading offices, 50 registered representatives and numerous support personnel. From there he accepted an equity position as a fund manager where he was involved in all aspects of building, organizing and managing a hedge fund. Throughout his career, Mr. Bafer has been involved with Investment Management of America, a venture capital firm and incubator, where he has been instrumental in raising capital for numerous prominent start-up ventures. Mr. Bafer has proven to be a successful asset to the management and support teams of several startups and continues to utilize his successes and proven experience in business development to assist others in organizing and developing their business’s from any stage, whether it be a startup or a developed company in need of capital, expansion, guidance or ultimately an exit.




CRCO Security Details
Share Structure:

Authorized Shares 5,000,000,000 a/o July 25th, 2016
Outstanding Shares 396,538,000 a/o July 25th, 2016

Float 198,650,086 a/o Apr 8, 2016
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#6732   Excellent news. Thanks for posting! Orion777 05/24/19 06:55:29 PM
#6731   Wishes granted! Go $ DGLF $ !!!! DISTATRADE 05/24/19 05:42:21 PM
#6730   News out, all convertible debt paid in full Jerm17 05/24/19 03:40:49 PM
#6729   I wonder how many similarities are involved in DISTATRADE 05/13/19 10:20:39 AM
#6728   Why not just buy PLFX? It's the exact GngLong 05/11/19 02:29:20 PM
#6727   Wow! Everyone who posted here when this was Orion777 05/10/19 09:00:42 PM
#6726   Yeah Distrade, what they do is fascinating - Orion777 05/09/19 07:32:04 PM
#6725   I’ve been long here for the last year, DISTATRADE 05/09/19 05:20:57 PM
#6724   DGLF - buy while it's still cheap. This Orion777 05/06/19 05:58:20 PM
#6723   Reversal in progress. If this hits the breakout Orion777 05/06/19 04:51:08 PM
#6722   Moving back up from the looks of things. Orion777 05/02/19 07:14:54 PM
#6721   Yes, I’m down 34% as well. I have DISTATRADE 04/27/19 10:07:45 AM
#6720   If you were in before the RS then Orion777 04/27/19 09:38:42 AM
#6719   Great move up this week! DISTATRADE 04/09/19 12:25:34 PM
#6718   $DGLF Broadway Asia taps Pulse Evolution for DreamWorks' Kung deri21 04/08/19 09:46:38 AM
#6717   New York, NY, March 27, 2019 (GLOBE NEWSWIRE) deri21 03/27/19 09:10:44 AM
#6716   Effective March 27,2019 BTOPD will change to DGLF: Renee 03/26/19 08:06:57 AM
#6715   Nice to know they’re staying true to the DISTATRADE 03/14/19 10:28:58 AM
#6714   Nice news! Thank you. I see the penny DISTATRADE 03/14/19 09:31:21 AM
#6713   Conference call yesterday. Tender offer will still happen Traderfan 03/14/19 09:28:07 AM
#6712   Looking forward to amazing things from $ BTOPD $ DISTATRADE 03/07/19 06:04:34 PM
#6711   *divide slb5150 02/28/19 11:32:27 AM
#6710   Recall Studios Inc. changed to Pulse Evolution Group Renee 02/27/19 05:09:39 PM
#6709   That means decide your shares by 30 and smitter 02/27/19 12:04:05 PM
#6708   What does that mean ??? Hopeful1037 02/27/19 11:37:37 AM
#6707   BTOP Finra 1-30 RS smitter 02/27/19 09:41:34 AM
#6706   $BTOP Recall Studios Presentation at NobleConXV Investor Conference deri21 02/19/19 08:01:52 AM
#6705   Big changes in the next few days. By GngLong 02/13/19 01:00:56 PM
#6704   He refers to the already announced tender offer Traderfan 02/12/19 11:51:47 AM
#6703   No mention of PLFX buyout price. modes948 02/11/19 06:08:25 PM
#6702   They have now posted the CC. modes948 02/11/19 05:47:02 PM
#6701   Thanks Traderfan! I appreciate the information. Scaling 01/31/19 10:22:21 PM
#6700   Thanks Traderfan! I appreciate the information. Scaling 01/31/19 09:50:03 PM
#6699   Do you know terms of the agreement to Traderfan 01/31/19 02:54:00 PM
#6698   Do you know terms of the agreement to Scaling 01/31/19 02:47:13 PM
#6697   Sure would be nice yes. I still don't Traderfan 01/31/19 01:29:08 PM
#6696   Some who presented modes948 01/31/19 11:52:52 AM
#6695   I was just looking for the webcast as Traderfan 01/30/19 11:04:30 AM
#6694   So in the end did they go to modes948 01/29/19 10:37:11 PM
#6693   I'm going to wait until the R?S is complete. manny371 01/28/19 08:18:09 AM
#6692   So is it smarter to buy Btop or. Traderfan 01/25/19 11:50:33 AM
#6691   Once they stop Hopeful1037 01/21/19 04:22:57 PM
#6690   Got any good recommendation s. Hopeful1037 01/21/19 04:16:20 PM
#6689   It is being promoted by individuals who likely davidsson10 01/21/19 03:51:04 PM
#6688   So is this company legit. Or Hopeful1037 01/21/19 03:44:33 PM
#6687   https://www.otcmarkets.com/stock/BTOP/news/Recall-Studios-Addresses-3rd-Party-Pr davidsson10 01/21/19 05:20:23 AM
#6685   would not chase this one and would not TrendTrade2016 01/20/19 02:08:05 PM
#6684   So is it smarter to buy Btop or. Plfx. Hopeful1037 01/20/19 12:26:00 PM
#6683   interesting company. In for some BTOP!! TrendTrade2016 01/18/19 03:30:15 PM
#6682   Definitely! Curt D 01/17/19 08:24:03 PM