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Sterling Group Ventures Inc. (SGGV)

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    Sterling Group Ventures Inc.

      OTC BB : SGGV





Mojo Games brings best in class products including poker, casino, sports betting and skill games alongside innovative and entertainment player experiences and rewards. With customization that’s a cut above, we’re ready to take your business to the next level no matter where you’re starting from.

Mojo Games is ready to bring our expertise to your business, whether you’re on your initial approach into e-gaming or you’ve been soaring in the industry for some time. Through seamlessly integrated games and rewards, fusion of offline and online experiences, social models to real money - we deliver value to both partners and players of all stakes and levels.

We’re always up for the next game. The ever evolving e-gaming industry has presented new revenue opportunities for our partners and players, as have we. Our products support PC, MAC, in-browser Mobile & tablet solutions. Our models range from play, real money and social freemium opportunities. And we’ve designed a solution to aid established land based operators enter the online market fully equipped.

We’re ready for wherever e-gaming goes, are you?


We offer a level of customization that’s a cut above. Dedicated to finding the ideal solution for our partners, it’s our goal to create a model that suits each partner's specific needs, be they integration, graphics + marketing, or taking advantage of our network liquidity.
Partners and players benefit from our healthy network environment focused on providing players of all stakes and levels an entertaining and rewarding experience. We reward recreational enthusiasts to our most loyal base, always recognizing that every player matters.


Sterling Group Ventures, Inc.: Corporate Update 

2016-12-07 09:30 ET - News Release 

VANCOUVER, BC / ACCESSWIRE / December 7, 2016 / Sterling Group Ventures, Inc. (OTCQB: SGGV) (the "Company") is pleased to provide the following corporate update: 

Mojo Games, a division of the Company, is currently working with its partner in India to release its poker platform nation-wide. As per the current agreement, Mojo has entered into a Joint Venture with its Indian partner with all profits to be divided equally. Mojo's Indian partner is a major media conglomerate with a large customer base which will be leveraged to drive adoption of the platform. The platform is currently in the late stages of development, with a soft launch underway including mobile applications. 

Mojo Games is excited to be working with its new partner VLeague, who is the exclusive online social gaming provider for Alisports' Chess and Card Division, as per the Company's press release of December 2, 2016. Mojo is planning and negotiating to launch, together with VLeague, additional sites inside, and now outside, of China, promoting recreational play and the Alisports IPT tournaments. 

In addition to upcoming launches with partners in India and China, the Company continues its B2B sales and operational efforts in Europe and South America. 

Mojo Games would also like to announce that it has been actively developing a Merger & Acquisition strategy, having identified near term targets that are a strong fit with the Company's operations. The Company anticipates that any one of the targets could present a material change and will disclose these opportunities on a timely basis. 

The Company would like to announce that Robert Smiley has stepped down as CFO. The Company would like to thank Mr. Smiley for his hard work as CFO on behalf of the Company and wish him well in his future endeavors. 

The Company is pleased to announce that Mr. Chris MacPherson is joining the Company as CFO and Director. He has spent 25 years at CIBC Wood Gundy as Vice President & Portfolio Manager. Chris has extensive experience in the capital markets and is co-founder of Mojo. Chris will be responsible for finance and marketing activities, funding and acquisition opportunities as well as assist in strategic and tactical matters. He has sat on a number of boards, including BC Hydro, and been quite active on the political stage. He has also been involved in a number of charities, including Children's Miracle and Nepal House Society. 


/s/ Nicolaos Mellios


VLeague and Mojo Games, a division of Sterling Group Ventures, Announce Strategic Partnership to Provide Online Social Games and Poker Tournaments to Alibaba Sports Group, AliSports


VANCOUVER, British Columbia, Dec. 02, 2016 (GLOBE NEWSWIRE) -- Mojo Games, a division of Sterling Group Ventures (SGGV) is pleased to announce a strategic partnership with VLeague Internet Technology Company Limited, a China corporation who is the exclusive online social gaming provider for Alisports' Chess and Card Division.

The partnership between VLeague and Mojo has been formed as part of an online strategy to support Alisports' recently announced plans to launch a worldwide poker tour. Officials from the Alibaba Sports Group held a press conference Tuesday in Shanghai to announce the International Poker Tour (IPT), a new poker tour with events to take place in China, Asia Pacific, North America and Europe with an estimated more than $7 million in tournament prize money to be awarded over the first year of the tour.

To view the 'Photo of Press Conference held in Shanghai', please visit: []

Sterling acquires Euroclub Holding Limited, an established global online gaming company with business in Brazil, Russia, India, China and Europe 

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/16/16 -- Sterling Group Ventures, Inc. ("Sterling") (OTCQB:SGGV) is pleased to report that on November 11th, 2016, it signed a definitive share exchange agreement with Euroclub Holding Ltd ("Euroclub"). As a result, Euroclub will become a subsidiary of Sterling with business partners operating in Brazil, Russia, India, China and Europe. The company's online gaming platform is currently being launched nation-wide in India and China. 

As a result of the acquisition, Mr. Nicolaos Mellios, the founder, CEO and significant shareholder of Euroclub, who resides in Vancouver, British Columbia, has been appointed CEO of Sterling. Mr. Mellios has been in the online gaming business since 1999. Mr. Nick Mellios, BSc, MBA, is responsible for overall technical and strategic management, and brings a broad background in technology and business development to his lead role at Euroclub. As co-founder and CEO, he has been responsible for raising financing, and assembling the technical and operations teams to build and support Euroclub's social and real money iGaming platform. He also leads business development efforts negotiating agreements with on-line and land-based gaming operators, and third party gaming providers. Prior to Euroclub, Mr. Mellios was the CEO of Yummy Interactive. Mr. Mellios co-founded Yummy to build a games-on-demand distribution and DRM (digital rights management) solution for mobile/broadband service providers, and application/game developers and publishers. Prior to Yummy, Nick held positions in New Business Development and Program Controls Management at Hughes Aircraft. He graduated from the University of British Columbia with an MBA and a bachelor of science in mathematics. Mr. Mellios has replaced Mr. Tsakok, MBA, CFA as CEO, who will remain an independent director and Chairman of the Audit Committee. 

Euroclub has enjoyed substantial growth as per its unaudited financial statements over the past 2 years with revenue of EUR406,030 in 2014 and EUR655,224 in 2015. 

Euroclub is a well-established online gaming company that provides a B2B and B2C multi-gaming platform under the MOJO brand name with a full suite of social and real money gaming products, including online poker, casino games and third party integrations to live dealer, e-sports, sports betting and skill games. Mojo offers B2B partners both API integrated and turnkey white label licensing options with comprehensive global payment processing. Mojo's registered office is in Malta with 25 technical staff in Vancouver, Dublin and Barcelona. Mojo supports over 20 B2B partners and B2C operations with gaming licenses in Malta and Curacao. 

Under the terms of the agreement, Sterling will issue 170,285,696 common shares and 791,500 redeemable and exchangeable preferred shares which are convertible into common at $0.20. Once converted, those common shares have 5 warrants attached exercisable at $0.20 with a term of 3 years. 

Concurrently with the acquisition of Euroclub, Sterling has arranged a US$500,000 private placement of 10 million units with each unit comprising of 1 common share at $0.05 and a Series "F" warrant convertible at $0.15 with a term of 1 year in order to fund Euroclub's immediate capital requirements for its entry into India and China expected in December 2016. 

In addition, Mr. Patrick Martin and Mr. Sachin Pawa have joined the Board of Sterling as of November 11, 2016. 

Patrick Martin, BSc, MBA, is the principal of business strategy at Zappos since 2014 and one of the architects of the current best customers strategy. He has expanded the data science and business intelligence capabilities of the organization. He has additionally held previous roles as a product manager at Zappos, and a senior engineer and development director at Electronic Arts Sports. Mr. Martin's areas of expertise include business strategy, technology management, big data and on-line/direct marketing. He received his BSc in Computer Software Engineering from the University of British Columbia and received his MBA from Northwestern University's Kellogg School of Management. 

Sachin Pawa, BBA, MBA, has over 10 years of experience in building gaming ventures in India. He co-founded and developed Sol Entertainment Private Ltd., the operating company of the Crown Casino in Goa, India. He was the chief executive officer of Online for Playwin, India's largest licensed lottery business. He was also the co-founder and CEO of Blue Square Services, which operated the site Maharjahclub and was licensed in the United Kingdom. He has also set up and managed various successful retail stores and operations for distribution of mobile devices, including partnerships with the major network carriers in the United States. He graduated from the University of Technology, Sydney, Australia, with an MBA and from the Apeejay School Of Management in Delhi, India, with a BBA. 

Mr. Gerry Runolfson has resigned as a Director of Sterling and the Board wishes to thank him for his contribution to the company. 


Mr. Nicolaos Mellios, Chairman & CEO 

For further information, please check the Company's SEC 8-K filing. 

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. 

Sterling Group Ventures Inc. 
Chris Mellios, B.Sc., MBA 
(604) 684-1001 
(604) 684-1001 (FAX) 
Sterling Group Ventures Inc. 
Christopher Tsakok, MBA, CFA 
(604) 684-1001 
(604) 684-1001 (FAX) 

Source: Sterling Group Ventures Inc.







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#7334   lol~ SPARK 01/17/18 08:53:50 AM
#7333   Gambling platform it appears though I wish it Mike2112 01/17/18 06:50:29 AM
#7332   What is their business now..gambling platforms or something SPARK 01/17/18 06:35:13 AM
#7331   It's a new year and they've had time Refill 01/16/18 01:13:18 PM
#7330   Hopefully means they are getting ready finally to Mike2112 01/16/18 12:49:59 PM
#7329   The website has finally been updated. Something seems Refill 01/15/18 06:31:52 AM
#7328   Hi Mike, Chris thought they were getting closer Refill 01/02/18 01:34:30 PM
#7327   New year here..Hopefully we see filings or something Mike2112 01/02/18 11:17:27 AM
#7326   agree, its more likely after the first. It's Refill 12/13/17 02:12:19 PM
#7325   I was figuring we might see something right Mike2112 12/13/17 01:37:16 PM
#7324   I just emailed Chris, lets hope he replies Refill 12/13/17 01:31:10 PM
#7323   Business is, actually, doing very badly from what Suvorov 11/29/17 10:34:37 AM
#7322   I'm hoping to see new financials before Christmas? Refill 11/27/17 08:27:27 AM
#7321   Based on Chris's reply we should see financials nuron 11/22/17 09:13:11 AM
#7320   I can do 45 days standing on my Mike2112 10/12/17 02:45:23 PM
#7319   Thanks Chris, Refill 10/10/17 07:29:22 PM
#7318   hey mike ive been out for awhile hitpaydirt 09/29/17 11:49:28 AM
#7317   Sounds like nothing any time soon Mike2112 09/28/17 10:16:05 AM
#7316   I got a reply from Chris at Mojo Games: Refill 09/20/17 02:28:24 PM
#7315   I'm out of this one for now. If Nightroads 08/03/17 03:28:43 PM
#7314   Looks like we are a "pinkie" now due Mike2112 08/03/17 02:36:28 PM
#7313   yeah surprised things have moved this way as Mike2112 07/26/17 11:43:40 AM
#7312   yeah, I'm out of the stock completely now, fade 07/25/17 02:23:41 PM
#7311   Ask has some big blocks now.... Mike2112 07/25/17 12:58:13 PM
#7310   who knows what is going on with this fade 07/22/17 04:28:07 AM
#7309   was there a premarket trade at .10?? Mike2112 07/21/17 09:17:38 AM
#7308   Looks like there was news last week that Mike2112 06/19/17 09:31:01 AM
#7307   I never could find out how the chinese fade 05/17/17 11:57:25 AM
#7306   You are exactly right. Nightroads 05/17/17 11:21:42 AM
#7305   This stock has always been "news proof" LOL Mike2112 05/17/17 10:34:24 AM
#7304   Nice news..need to start seeing what some of Mike2112 05/16/17 05:08:18 PM
#7303   Baadshah Gaming and Mojo Games, a Division of Nightroads 05/16/17 05:02:42 PM
#7302   Getting some volume today....ramping up for next week? Mike2112 05/16/17 02:16:59 PM
#7301   In addition, Mojo Games is on target with fuglasek 05/11/17 12:58:49 PM
#7300   Nice thinking next week it is based on Mike2112 05/10/17 05:13:17 PM
#7299   I wish I could find a listing of nuron 05/10/17 04:45:41 PM
#7298   Pretty thin once thru the .093s Mike2112 05/10/17 01:34:42 PM
#7297   Watching closely. Lots of good news coming I believe. Nightroads 05/09/17 02:17:02 PM
#7296   Looks like something might finally be brewing.....Name change/ticker coming?? Mike2112 05/09/17 02:07:40 PM
#7295   Apparently it was a software issue and a Nightroads 04/28/17 04:06:14 PM
#7294   Not quite sure what is up. But I Nightroads 04/28/17 03:08:15 PM
#7293 again... Mike2112 04/28/17 02:58:21 PM
#7292   Ask at .0899 Nightroads 04/28/17 02:49:45 PM
#7291   So my Schwab is showing a bid at Nightroads 04/28/17 02:45:19 PM
#7290   There'so much potential here its scary. nuron 04/28/17 11:48:14 AM
#7289   hope u get it... Mike2112 04/28/17 11:33:34 AM
#7288   I think you're right, ticker is changing. nuron 04/28/17 11:30:33 AM
#7287   Must be but not finding anything from phone, fade 04/28/17 11:27:00 AM
#7286   Chinese tech titan Alibaba invests 1 billion yuan nuron 04/28/17 10:54:52 AM
#7285   wonder if ticker change coming..Look what just happened Mike2112 04/28/17 10:22:53 AM