Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Boom! At 45 Stochastics are crossing!!!
Chatmetmaster, the news and charting aren’t related mate. The fact it didn’t break down the 50MA does not mean news will be coming afterwards. Not significant news will be here. This insiders are at FINRA mercy now. It is all about waiting for the FINRA’s approval of up to 180 days, so they can get this new AI monetized under the new name. I think this will re-test the 50MA again, due to company downtime. I may be wrong but it looks we are headed there. Buying all the dips I can buy I ain’t adding over $0.004ish. All my adds mis be low 0.003 or high 0.002
Stochastics bout to cross issuing BUY SIGNAL! 2 day dip below 50 was buying OP!!!
I think you are confused, we already confirmed this is a good company. Facts, checked. If you believe constructive statements are negative, then I am sorry for you. This is not a casino that I will jinx your play, it doesn’t matter what I say or not, facts will continue its curse. On the other hand, if we are aware of surroundings and bring intel on the table, we can make better plays. Don’t you agree? Now if you are a flipper that is just concerned on the daily pump and the small adrenaline spike in your system, then disregard my response. The lower this goes, the more money we, investors will make at the end. By buying the low…
60% up since initial investment. So what was your point? I still don't see this dropping...
LET'S GOOOOOOOOOOOOOO ... ;)
SHARE HOLDINGS: 33,043,502 STRONG SHARES
SMCE
32 low yesterday tested the rising 50 day MA, now back up we go! News coming!!!
KEEP WATCHING...HOW MUCH ARE YOU DOWN SO FAR
Didn't guessed it right this time?
Oh ok. I'm watching what happened?
Because he’s full of it
WATCH AND LEARN SON
And tell us what will happen if it doesn't...
Why always so negative, thought you were making good money?
lol what a joke. Please, please tell me that again. Already registered Dumbfuck!
Testing support 50MA…. If it breaks such, ouch, free fall, 200MA around 0.0013… It will be insane if it breaks, the panic that will be caused. It will be out of control
It has been unchanged. The unrestricted share count has not changed. In fact it was reduced by 250M shares last month when they announced it
Possibly… what was share structure before 7/22..
here is 7/22/24
https://www.otcmarkets.com/stock/SMCE/security
Good luck to all
on watch for a reversal here soon. GLTA
Break out ihub board.
https://investorshub.advfn.com/boards/breakoutboards.aspx
As mentioned the last tweet and wish trade to .0075 was the end signal for this pump, there will never be a trading platform. It was all a hoax!
Potentially, today is going to be bloody
“Ladies and gentlemen, Elvis has left the building. Thank you and goodnight."
Nothing happened! No dilution, only shares being shaken away from weak nutless shareholders. That's it. $SMCE pic.twitter.com/OTzWuIdaRe
— DeepInYoMommasAzz (@Deepinyomomma) July 22, 2024
GTFOOH then and STFU
I am sorry, typo. But these shares on 06/30 don’t get diluted in one day. It takes time, it could be being diluted them still in the high, and yes, panic sell also involved
This is a great company tho but Rome wasn’t built in a few days. This will take time and if people are expecting immediate gratification, ouch, this one will make lots of pain
It’s the combination of ….
minor dilution & people selling in fear of hearing
the D word, could be a great bargain if someone
figures out the bottom
Good luck to all
Now .0032 by .0035. More proof charts don't work in the OTC. It's all guesses. and as usual any PR, filing or even some social media posts blows any chart out of the water. As always. The OTC is all event driven.
Under .005 is a gift here imo!
Yes & no….:.
one restriction expires on 6/30 & the next expires
on 9/30…….(not 7/30)
Good luck to all
Stop speculating and read the Financials!!! Please!!! Check page 9 out of 26 at the bottom. You’re welcome, this time is for free. Next time I will charge you a fee. This debtor is cashing out little by little
https://www.otcmarkets.com/otcapi/company/financial-report/386196/content
There is no dilution. None of that! It's just retail freaking out.
Why is ASCM sitting at .0049 then? Retail panicking! He uses these scare tactics so he can load cheaper!
All true but they never mentioned the last quarter filling debt maturing on 07/30/2024, 100M this debtor will cash in. I think he was given this in triple digits. Imagine what he is going to do when he finds PPS on 0.003!!! He will pour all in and will quadruple his money on our PPS dilution
Debtor cashing out accordingly. Since 06/30, more than 50M shares in. Another coming on 07/30, 100M shares in. This could reach lower double digits… Anyways, more cheapies. You guys shall be happy, take advantage of this opportunity, correction could be a bitch or very lovely if gotten on the right side of the wave
SMC Announces Corporate Update for June & July 2024
Press Release | 07/16/2024
BOCA RATON, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK: SMCE), a holding company that engages in acquiring and supporting proven commercialized services and technology companies in Fintech, announced today the following corporate updates.
“These have been busy and productive times at SMC. We have successfully hit several milestones, starting with reducing debt and the shares outstanding. We have increased insider ownership, completed the SEC review of our Form 10, engaged a new auditor, applied for a name and symbol change, hired an institutional advisory firm, closed on a generational platform without dilution, successfully launched FYNN-AI, and engaged the Chaintrade.AI Advisor subscription model. We are now working towards the full integration of all our products onto our Platform,” stated Erik Blum, CEO of SMC Entertainment.
July 2024 Corporate Updates
Debt Reduction Progress:
SMC announced the retirement of $879,759 combined debt. On July 10, 2024, the Company retired $436,884 of debt. The Company previously announced on June 14, 2024, the retirement of $442,875 of debt. These will be reflected in the second quarter and third quarter of the Company’s 2024 financial statements and disclosures.
Management Ownership:
As part of our debt reduction activities, officers and management elected to convert $218,500 of their accrued and owed earnings into restricted shares, issued in accordance with Rule 144.
Enters Partnership with PCG Advisory Inc:
Announced on July 5, 2024, SMC entered a strategic partnership with PCG Advisory and its affiliates for the right to market and resell SMC's AI-powered products and services through its extensive investor network. The collaboration allows PCG Advisory to be in a lead position to drive traffic to the Platform and control the flow of new signups simultaneously. PCG Advisory currently holds an institutional size position in SMCE with restricted shares issued in accordance with Rule 144.
New Investment Agreement with ProActive Capital Partners, LP:
Announced on July 5, 2024, SMC entered an Investment Agreement with ProActive Capital in the form of a $35,000 convertible note with a fixed conversion price of $0.002 per share and a term of 12 months. The proceeds will be used for working capital.
June 2024 Corporate Updates
Successfully Acquired ChainTrade:
SMC has purchased 100% of ChainTrade’s assets. ChainTrade is a UK-registered Fintech company that has developed a revolutionary Artificial Intelligence (AI) powered platform that allows users to trade Equities, ETFs, Commodities, and Indices with the support of an AI trading assistant. The platform allows users the ability to personalize and customize their investment strategies by employing AI to evaluate assets within a portfolio. This acquisition allows SMC to expand its offerings with two separate verticals that are currently being integrated into the SMC portfolio of products: ChainTrade.AI for use in the USA and ChainTrade.Pro for use internationally.
In June 2024, Chaintrade.AI successfully launched.
Successfully Launched FYNN-AI on the Chaintrade.AI Research Advisor Platform
FYNN-AI is our interactive AI research tool. It is currently available with a 14-day trial with subscriber membership. Management expects this to be a cornerstone component of the Chaintrade.Pro platform.
Chaintrade.Pro platform
SMC is also working on the development of the Chaintrade.Pro platform. Once completed, the platform will offer real-time access to all quotes, including crypto, news, analytics, research, our AI Advisor, and commission-free trading for $99.
Fyniti Global Equities EBT Inc. ("Fyniti") Product Development:
Fyniti, a wholly owned subsidiary of SMC, is a Fintech developer and provider of technologies that combines Artificial Intelligence/Machine Learning (AI/ML) driven quantitative investing (IQ Engine) with AI-enabled wealth management, and Electronic Block Trading ("EBT") technology. Fyniti's EBT platform development is focused on democratizing Basket Trading and maximizing Tax Loss Harvesting. To that end, Fyniti's development efforts are focused on creating customized personal indexes and leveraging trend investing. The potential market for trend investing and tax loss harvesting through AI/ML-based algorithms as a sector is projected to generate significant fees and presents a fantastic opportunity for using AI/ML driven portfolio management.
Corporate Name and Trading Symbol Change Status:
On June 20, 2024, SMC requested a corporate name change from SMC Entertainment, Inc. to "Fyntechnical Innovations Inc." Along with this, the Company requested changing the stock trading symbol from "SMCE" to "FYNN" to follow suit. The Company has reserved the name Fyntechnical Innovations Inc. with the Nevada Secretary of State, and the Company has reserved a new domain name that will host its new website, www.fyntechnical.com. There are no guarantees that change will be approved by the Financial Industry Regulatory Authority (“FINRA”). SMC will provide an update when FINRA responds.
Review of Form 10 Complete:
On June 10, 2024, SMC was notified that the Securities and Exchange Commission (the "SEC") had completed the review of the Company’s Form 10-12G. The Company is current in its SEC filings and is a fully reporting filer under the Securities Exchange Act of 1934.
Share Cancellation:
On June 7, 2024, SMC announced the cancellation of 250,000,000 shares of its outstanding Common Stock representing a 17% reduction of Outstanding Common Shares.
New PCAOB-Registered Independent Auditor Engaged:
In June 2024, the Company engaged RBSM, LLP ("RBSM") as its independent registered public auditor for the fiscal year ended December 31, 2024, effective immediately.
“We continue to work diligently on deploying a best in class, global DeFi platform correctly. What differentiates SMC is our strength that comes from assembling a diverse team of experts to help execute and realize our vision. When fully deployed, our global trading platform will have real-time quotes on all exchanges including Forex, Crypto, News, and Charts. Once fully developed, our FYNN-AI Advisor, integrated with Fyniti’s customized trading indexes, will be offered to subscribers with commission free trading, all for $99 a month. This a true milestone achievement,” comments Erik Blum, CEO of SMC Entertainment, “We will continue to deploy domestically. On the international front, our plan is to leverage the trading platform with our On Chain capabilities and target the most progressive crypto markets globally for deployment, starting with India, Singapore, Canada, UK, and Australia. As always, we actively seek potential acquisitions that create greater shareholder value. I want to thank our shareholders for their patience and continued support. We continue to work diligently to increase shareholder value and create a solid foundation to move forward.”
About SMC Entertainment, Inc.
SMC Entertainment, Inc., is a versatile holding company that is focused on the acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.
About ChainTrade LTD
ChainTrade LTD, is a UK Registered Entity and is a joint Venture between Plato Data Intelligence and Redmatter.Capital., a registered financial services company, with its subsidiary granted a securities trading license by the Capital Market Authority of Montenegro. ChainTrade's AI research tools will enable investors to analyze thousands of data points including live price data, performance, investor sentiment, fair value, and risk factors simultaneously. These features enable the ChainTrade AI Research tool to provide timely insights to investors, which in turn will allow them to make informed decisions on optimizing their portfolio performance.
About Fyniti Global Equities EBT, Inc.
Fyniti Global Equities EBT, Inc., a wholly owned subsidiary of SMC, is a Fintech platform developer founded by veteran Wall Street technologists and investment bankers who worked for Goldman Sachs, JP Morgan Chase, Bank of America (Merrill Lynch) and Citigroup. Fyniti has a clear focus on developing disruptive technologies in the Wealth Management and capital markets domains. Fyniti owns the IQ Engine and EBT Technology which combine to provide AI driven. For more information, click the following links: (www.fyniti.com, www.fynitiiq.com).
About RBSM, LLP ("RBSM")
RBSM LLP, is a certified public auditing firm with operating offices in major cities in the United States, Europe & Asia. The firm provides professional accounting, auditing and tax services to several publicly traded companies as well as privately held businesses.
About PCG Advisory:
PCG Advisory, is a leading investor relations firm dedicated to the delivery of top-tier strategic services that encompass investor relations, capital markets navigation, digital strategies, and corporate communications for innovative and emerging companies from around the globe. PCG Advisory has extensive experience with life sciences, technology, and other emerging growth companies. For more information, please go to: www.pcgadvisory.com.
About ProActive Capital Partners, LP
ProActive Capital Partners, LP, is a private investment firm managed by Jeff Ramson. Specializing in investing in asymmetrical opportunities, the fund is anchored in over 30 years of identifying and investing in disruptive innovations with the power to revolutionize the global economy. Leveraging its versatile investment model, ProActive Capital identifies management teams, businesses, and sectors of emerging growth such as Technology and Financial, Healthcare, Energy, and Blockchain Technologies.
Press Release Contact:
Erik Blum
Chief Executive Officer
SMC Entertainment, Inc.
Cee@Jwprice.com
360-820-5973
Bid
$0.0036
Ask
$0.0039
It is getting real, also market manipulation is going out of control
And tomorrow is Tuesday sell off
.0035 is the bottom they like it at.
Then repeat.
Yes you can make money off your brothers that believe this BluM chet is real but people wise up like now and the $$$ dries up
Been here before
.0037 BOTTOM NOT IN YET AS OWNERS RAISE CASH
Again, I think you are angry because things not working the way you expected. Blum is a businessman, this is OTCM!!! This is a Fintech holding company, it takes time to build base on something like this. Look all the filings submitted lately, they’re aiming big and a major index upgrade. The AI is the golden egg in here, and the dumps in the PPS have been, majorly due to debtors cashing out. 07/30/24 there another one with 100M shares that will dilute us for sure. Nothing to do with CEO intentions, if he wouldn’t care, he would have used the common shares to pay Chaintrader! Think about this, instead he used preferred B to protect us and himself. He is the highest common shareholders holder. If we lose, CEO and insiders lose more. Check the outstanding shares structure. Insiders got more that retailers. This is also assurance that not R/S will happen, unless it’s for the sake of the company
One PR can take this to penny land.
The symbol change will be very soon.
No CEO Erik BluM is a scam period. IMO
Playing everyone since 2021 here.
What real money is going to use his platforms where he gets the inside info on you all. LOL
He’s a known manipulator barred from trading
Now a CEO of a trading platform. Okaaay.
Break ATH .017’s and I’ll believe
Hold .007’s, it won’t as I said last month.
.0035 is the base he likes and washes and repeats, rinse and repeats
Followers
|
195
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
21817
|
Created
|
10/14/06
|
Type
|
Free
|
Moderators oldstocks LCJR DD_dempsey JohnnyRothrock MrPuff |
Our wholly owned subsidiary, Fyniti Global Equities EBT Inc. markets a software-as-a-service (“SaaS”) proprietary platform for Certified Public Accountants (“CPAs”) Financial Institutions and Registered Investment Advisors (“RIAs”) (the “Platform”). The Platform is a SaaS platform enabling users to see the developing market trends and use it to create customizable baskets if applicable.
Currently, the Company has earned only minimal revenue. The SaaS is ready to implement, and we are currently talking to different CPAs and RIAs about beta testing the Platform beginning in the first quarter of 2024.
Pending the results of beta testing, the Company plans on using a model of an initial set up fee with a monthly content fee. Each CPA, Financial Institution and RIA will be charged an initial fee of $50,000 and a monthly maintenance fee for the software of up to $100,000 per month. The Company anticipates signing a beta test contract after its Form 10 Registration Statement is effective.
The Platform’s IQ Engine enables the user to see changes occurring on the underlying indexes daily and provides alternatives based on machine learning (“ML”) and artificial intelligence (“AI”) which the user can incorporate into its decision making process.
Our AI and ML Capabilities:
Fyniti Global Equities EBT employs state-of-the-art AI/ML technologies along with Quant algorithms, to enhance our quantitative investing strategies and wealth management solutions. The primary purpose of our AI/ML capabilities is to optimize trading strategies, risk management, and portfolio allocation.
Operation of the IQ Engine:
The IQ Engine operates by continuously analyzing vast amounts of financial data, market indicators, and historical trading patterns. It employs advanced statistical models and machine learning algorithms to identify trends, correlations, and anomalies in the data. These insights are then used to make data-driven decisions regarding the execution of trades, asset allocation, and risk mitigation. By using the IQ engine, Financial Institutions, RIAs, and CPAs will have more access to information flow with which to make better decisions for their clients.
Datasets Utilized:
Our AI/ML algorithms utilize a wide range of datasets to inform their decision-making processes. These datasets include but are not limited to:
We use both public and paid sources for input. Most of the input is correlated by amassing the collective data points at the end of business everyday., Our AI/ML algorithms utilize a wide range of datasets to inform their decision-making processes. The AL/ML Algorithm captures between 20 and 30 thousand data points every day from different places. These data points comprise but are not limited to:
Market Data: Real-time and historical price data, trading volumes, bid-ask spreads, and order book information.
Economic Indicators: Macro-economic data such as GDP, inflation rates, and interest rates.
News and Sentiment Analysis: News articles, social media sentiment, and other textual data sources to gauge market sentiment.
Fundamental Data: Company financials, earnings reports, and analyst recommendations.
Alternative Data: Non-traditional data sources are also incorporated to enhance the capabilities. As an example, regarding the financial sector. Buy now pay later tracking, Credit card usage, M1distribution, and Fed Data.
We obtain those datasets from paid data providers like financial data publishers as well as public sources like corporate SEC filings Edgar and Bloomberg etc. The nature of these datasets is both structured and unstructured data. Depending on the source of the dataset, the cost varies. Regarding the AI, we use 3 broader types of algorithms, supervised learning, unsupervised learning and reinforcement learning.
The SaaS is used to create a projected weighting on each block. In essence creating a customized index basket that is actionable on by the RIA As an example there are 500 stocks in the SP 600 the AI/ML could customize a block minus oil and gas or minus banks. The institution would have access to alerts on a daily basis showing recommended adjustments within their customized block. The RIA or institution would have the decision to act or not act on the alert.
We use AI in various capacities including (but not limited to) the following use cases: RAG based Information retrieval from unstructured data like SEC filings, quarterly reports etc., Text summarization and classification, Predictive analytics using financial metrics, Automatic data enrichment and predictions, Autonomous agents to continuously analyze data, identify missing features, rank and assign based on metrics v Analyze and enhance news stories, structured inputs like analyst ratings etc. All these datasets, 3rd party inputs are internally used to predict various ratings and analysis, but those data are not shown directly to the end users.
The mix of data points is designed to provide actionable alerts to financial institutions the exact set of data points is proprietary to the SaaS platform and the company would like to not divulge it publicly.
We obtain those datasets from paid data providers like financial data publishers as well as public sources like corporate SEC filings Edgar and Bloomberg etc. The nature of these datasets is both structured and unstructured data. Depending on the source of the dataset, the cost varies. Regarding the AI, we use 3 broader types of algorithms, supervised learning, unsupervised learning and reinforcement learning.
We use AI in various capacities including (but not limited to) the following use cases: RAG based Information retrieval from unstructured data like SEC filings, quarterly reports etc., Text summarization and classification, Predictive analytics using financial metrics, Automatic data enrichment and predictions, Autonomous agents to continuously analyze data, identify missing features, rank and assign based on metrics Analyze and enhance news stories, structured inputs like analyst ratings etc. All these datasets, 3rd party inputs are internally used to predict various ratings and analysis, but those data are not shown directly to the end users.
Third-Party AI Products:
While we primarily rely on our proprietary AI models and Quant algorithms, we also utilize third-party AI products and services for specialized analyses or data enhancements. These third-party tools are carefully vetted to ensure their accuracy, reliability, and compliance with regulatory standards.
We use the comparable and mention the ETF market because we wanted to draw parallel to how these two differ in the ability to cater to same segment of stock investors.
Fyniti Blocks -- as we call it-- may look similar to ETFs, however these two are different financial products, however the end goal is these two helps professional investors in simplifying their investment strategy. Fyniti Blocks offer Ria’s and Hedge Fund managers the ability to leverage real time trends and events, offering customization etc., Our product is a technology product offered as Software-as-a-Service because it leverages latest technologies to help the RIAs/brokers while giving them the controls they need to manage these by themselves and also without changing how these stocks are traded. It helps them in managing their portfolios better. ETF are set in their weighting the software offers institutions the ability to change their weightings as needed to reflect the underlying sentiment of the machine learning protocol.
We do use data like any other typical technology-based stock trading platform would use, but not necessarily would extrapolate data from ETF markets. For the reasons given above, the way it operates is very different and also, it addresses the gaps in customization that the ETFs currently do not provide.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |