Moderators: threewheeler
Search This Board: 
Created: 10/14/2006 09:04:43 AM - Followers: 124 - Board type: Free - Posts Today: 0
A Few Words About
SMC 
Sketching Pencils

Welcome... glad you found us!

SMC Entertainment Inc. is an OTC Markets, publicly traded company, with an assembled team of esteemed individuals solving market needs, primarily in the merger and acquisition landscape.

??

SMC seeks existing operational opportunities with high potentials of success. Identified, SMC acquires those entities that possess quality human assets and balance sheets consistent with highest operating standards. Whereby, creating wholly owned subsidiary environments, which enhance each operator's ability to serve the public with its respective Services and or Products. Further, expanding the geographic reach of SMC.

 

Watch as we grow and build out our company of products and services, SMC Entertainment will transform through mergers and acquisitions, whereby stakeholders can participate in the exciting value added opportunities ahead.  
 

CEO &  Director

fullsizeoutput_f42_edited_edited.png

Mr. Ronald E. Hughes has more than 30 years of experience in business development and investment markets. In 1997, Ron joined Global Securities as a Licensed Investment Advisor providing investment analysis, equity trading and capital structure strategy to corporate finance. In 2001, he began his executive roles, first as President of TransAmerican Energy Inc., and currently serves on the boards of publicly traded companies in the United States and Canada.

 

He has also been a partner with North Arm Capital Services, providing Investor Relations and Business Development services to domestic and international clients for nearly three decades. Mr. Hughes studied Resource Economics at the University of Alberta and then International Marketing and Management at University of Hawaii (1987).

 

Dear Shareholders,

We wish you a healthy and prosperous 2022. For the first three quarters of fiscal 2021, the Company divested itself from certain assets that were previously acquired by the Company’s former management team and cancelation of over $600,000 long-term debt. During the fourth quarter of 2021, the Company announced the following:

 

1. The closing of its $45 million acquisition of Genesis to transform itself to a boutique premium provider of fully integrated financial technology company with a full suite of digital financial services solutions. For the first nine months of 2021, Genesis’s Australian operations generated gross revenue of approximately $15,765,000 (AUD$21,371,861) and derived EBIT (Earnings Before Income Tax) of approximately $1,035,600 (AUD$1,403,919); all figures are unaudited. At closing, 56 stockholders of Genesis representing 95.28% of the common stock of Genesis have accepted SMC’s offer. It is expected the remaining Genesis stockholders (representing 4.72% of Genesis common stock) will come on board very soon.
 

2. The Company engaged the independent auditing firm BF Borgers CPA PC, a PCAOB-certified auditor, to complete SMC's financial statements audit for the years ending in 2019 and 2020.
 

3. The Company retained Buckman, Buckman & Reid, Inc. to provide investment banking services, help in facilitating a capital raise and other advisory services.
 

4. The Company expanded its board of directors by adding Mr. Charles R. Provini as an independent director and chairman of the board and added Mr. Warwick Kerridge as a director.

 

5. The Company’s upcoming activities for 2022 include but not limited to:

 

6. File required documentation with regulatory bodies to attain reporting issuer status. This milestone will be initiated after the completion of the Company’s 2019 and 2020 financial statements audit.
 

7. Up list to a senior exchange once the Company attains its reporting issuer status with the SEC.
 

8. Raise funds of up to $15 million for working capital and future acquisitions. The Company has an aggressive agenda to increase revenues and expand its operation globally thru growth by acquisition strategy.
 

9. ** Retire restricted shares. Two shareholders have provided written approval to the Company and its stock transfer agent to cancel 23 million restricted shares. Their certificates are lost and all parties are working on alternative plans to cancel them. The Company is waiting for a third shareholder to execute appropriate documentation to cancel 40 million restricted shares; the Company has in its possession the 40 million share certificate. The Company provided a proposal to a fourth shareholder to cancel 30 million restricted shares; the proposal expired and the Company didn’t hear back from the shareholder. The Company provided a proposal to a fifth shareholder to cancel 200 million restricted shares; the shareholder provided a counter proposal that is not acceptable to the Company. The Company might be forced to seek legal avenues to cancel the 230 million shares. The Company would like to inform the public that these shares are restricted and cannot be turned to free trading shares without the Company’s consent which the Company won’t provide without an amicable solution reached.
 

Our Australian operation has concluded terms for the launch of a new joint venture enterprise in Australia which will be launched in Q1 2022. This joint venture consolidates our ties to the accounting sector in Australia and delivers financial planning and wealth management as well as best practice training and management solutions to the targeted accounting firms in Australia. It also accesses significant funds under advice and funds under management. Details of this Joint Venture will be announced in the coming weeks following completion of the due diligence and financial plan regarding the Joint Venture.
 

Consistent with our growth plans we have identified potential acquisitions in both the United States and Australia. Preliminary due diligence is currently under way.

 

 
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts Free PlusOneCoin
No plusone'd posts yet. Be the first!
Post Subject
#17699
SMCE fantastic news today https://investorshub.advfn.com/uimage/uploads/2022/2/1 threewheeler 02/14/2022 09:33:54 PM
#18009
Where’s the GammaRey rescue? JWales 06/17/2022 12:19:50 PM
#18008
They never have. DJ Ponder 06/07/2022 03:39:55 PM
#18007
It’s pretty thin.. wouldn’t take much if the MattyTrader 06/07/2022 03:05:35 PM
#18006
SMCE starting to make a move, updates? back threewheeler 06/07/2022 03:05:05 PM
#18005
Smce ... LMFAO DJ Ponder 06/03/2022 04:09:11 PM
#18004
Yeah let’s see some volume and bids move up MattyTrader 06/03/2022 02:31:42 PM
#18003
SMCE .006s entrance fast approaching threewheeler 06/03/2022 02:30:59 PM
#18001
it was bottomed last month now getting some traction threewheeler 06/02/2022 12:17:40 PM
#18000
Bottom in yet? MattyTrader 06/02/2022 11:20:23 AM
#17999
8K? The management of SMCE live in JWales 06/01/2022 02:39:11 PM
#17998
SMCE life, lets get those updates or are threewheeler 05/24/2022 11:47:14 AM
#17997
Some hits JJZander 05/24/2022 11:15:50 AM
#17996
Needs mgmt and advisors to get their head BigJuan 05/18/2022 12:10:43 PM
#17995
SMCE needs updates bigtime now threewheeler 05/18/2022 12:09:39 PM
#17994
$SMCE BigJuan 05/18/2022 11:43:40 AM
#17993
Mr Hughes where are you undertakings for Q1? JWales 05/17/2022 08:14:43 PM
#17992
All of the great PR from SMCE and JWales 05/12/2022 10:45:15 PM
#17991
Smce has never NOT SUCKED. DJ Ponder 05/02/2022 03:28:18 PM
#17989
I read this a few days ago…what happened? waterchaser 04/30/2022 11:14:43 PM
#17988
So smce STILL SUCKS as it always has. DJ Ponder 04/29/2022 05:11:50 PM
#17987
Careful Hombres. Alford, Howard, Kerridge, the Australian JWales 04/29/2022 08:33:52 AM
#17985
SMCE got ASK smacked oldstocks 04/26/2022 09:48:42 AM
#17984
SMCE some ask smacking early yesterday see if threewheeler 04/26/2022 09:20:06 AM
#17983
Cosight in Australia is managed by Andrew Howard. JWales 04/26/2022 06:08:23 AM
#17982
*****They sure are ! Now da ask is 1vman 04/25/2022 03:48:33 PM
#17981
SMCE .0066s going buy bye nice threewheeler 04/25/2022 10:40:24 AM
#17980
Yep this is old news about GENESIS FINANCIAL, oldstocks 04/25/2022 09:45:58 AM
#17979
SMCE on the move North, lets see pennyland threewheeler 04/25/2022 09:36:12 AM
#17978
Crashing right thru pennyland this week would be oldstocks 04/25/2022 09:10:38 AM
#17977
*****Say What ? Did SMCE issue a 1vman 04/25/2022 09:05:12 AM
#17976
SMCE yeap crashing right thru pennyland this week threewheeler 04/25/2022 01:49:59 AM
#17975
Looks like a big crash setting up for Monday. waterchaser 04/23/2022 12:22:05 AM
#17974
SMCE 0.0058 up 70.59% oldstocks 04/22/2022 07:29:37 PM
#17973
SMCE sellers exited time for pennyland threewheeler 04/22/2022 03:17:52 PM
#17971
This last POS smce = same as all DJ Ponder 04/20/2022 11:25:30 AM
#17970
*****Where did management go ??? wheres all da 1vman 04/20/2022 08:56:25 AM
#17969
SMCE had one last “hurrah” when they hired waterchaser 04/19/2022 09:42:58 PM
#17966
They still owe Kanno? The Company entered into VeronicaFox 04/15/2022 12:20:52 AM
#17965
SMCE staying current https://www.otcmarkets.com/otcapi/company/financial-report/ oldstocks 04/14/2022 06:58:17 PM
#17964
Rotsa ruck with that. DJ Ponder 04/14/2022 06:43:12 PM
#17963
Recently acquired Genesis, with 23 employees under its oldstocks 04/14/2022 06:35:28 PM
#17962
*****SMCE is a scam ! always was 1vman 04/14/2022 07:40:24 AM
#17961
As always.....lol DJ Ponder 04/13/2022 03:58:15 PM
#17960
SMCE continues to circle the drain. waterchaser 04/13/2022 03:43:31 PM
#17959
https://t.me/otcupdates/21505 threewheeler 04/05/2022 08:55:07 AM
#17958
She's gonna be a DOOZIE! DJ Ponder 04/01/2022 01:07:57 PM
#17957
Get ready hombres. JWales 04/01/2022 09:20:00 AM
#17956
Thats all smce has EVER been. DJ Ponder 03/30/2022 11:12:24 AM
#17955
Ok Hombres, ‘bout time to spit. JWales 03/30/2022 05:02:41 AM
#17954
Hope so…. MattyTrader 03/29/2022 02:29:29 PM
Post Subject