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Thanks. Listening now. $$$$$MMEX$$$$$
75 to 80 percent positive reviews just on two of their products that are for sale on Amazon:
Skin + Scientific Revitalizing Moisturizer-Hydrate Skin-Boost...
https://www.amazon.com/product-reviews/B01NCRYT0M
Skin + Scientific Revitalizing Moisturizer-Hydrate Skin-Boost...
https://www.amazon.com/Skin-Scientific-Revitalizer-Advanced-Minimize-Wrinkles/dp/B01N1YRMKK
Morning Pirate and $MMEG
Good morning. Can't wait til Friday. Long and strong.
$MMEX
Same here Pirate.
MMEG
Everything is still progressing according to the plan:
From the Poolworks website:
On its own behalf: "studivz" announces bankruptcy - The social network continues
BY VZ TEAM · SEPTEMBER 8, 2017
Berlin, September 8, 2017 - the Poolworks (Germany) Ltd. has filed for bankruptcy on 7 September 2017 at the District Court of Charlottenburg. The court has appointed Jesko Stark, a lawyer for the provisional insolvency administrator, from GT Restructuring, the restructuring unit of Greenberg Traurig.
The operation will continue and the studiVZ and meinVZ sites will remain active. The aim of the procedure is a restructuring, the long-term preservation of the VZ Group as well as the finalization of the new core product development.
All employees have been working hard to develop this new platform in recent months. The new product should be understood as a relaunch of the entire VZ Group.
Because with the creditors of the group agreements were negotiated, which wanted to wear the new owner Momentous Entertainment Group. Unfortunately, the American shareholders could not yet agree with the tax office on the repayment of a sum, so that then the bankruptcy had to be registered.
After a four-month successful collaboration, there is already a prototype of the new platform and the project is only three months away from completion.
For the employees, the whole thing was very surprising after the positive course of the past few months.
https://blog.poolworks.de/in-eigener-sache-studivz-meldet-insolvenz-an-das-soziale-netzwerk-laeuft-weiter-6316/
I don't doubt it. :)
MMEG
If you would like to read about Agneta Binninger, who was hired in 2014, and her role in VZ Netwerke, here is an article. I do not know about her current role. But her role was never a nefarious one. She was simply hired to run the VZ networks.
https://www.gruenderszene.de/allgemein/studivz-binninger
MMEG
Absolutely. :)
MMEG!
Looking good, Tony and...
it's not sir...but "miss" :)
Morning Tony and MMEX!
She used to run Poolworks. I know this already.
Google image Michael Pope and Adam Levin. Their faces are all over the internet and that photo is old.
Very true, Pirate and I am pretty sure Sam is aware of everything that is transpiring. But as a refresher, which I am (as well as you are) getting tired of re-posting, here is the plan as per the Momentous press release on October 5, 2017:
The result of Poolworks filing this restructuring plan is as follows:
Poolworks will continue full operations with all revenues being attributed to the Company.
Poolworks main social networks, MeinVZ and StudiVZ, will continue to operate with no expected interruptions in service.
Employees of Poolworks will remain on staff, with their wages being paid by Germany's social security administration.
Poolworks' strategic relationships with its advertising, gaming, and content partners are anticipated to remain and continue to grow.
Development of Poolworks new version 2.0 social media platform will continue as planned.
http://www.marketwired.com/press-release/momentous-entertainment-group-accelerates-restructuring-of-its-poolworks-subsidiary-pinksheets-mmeg-2236233.htm
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 8, 2017
[F8K020917_8K001.JPG]
MOMENTOUS ENTERTAINMENT GROUP, INC.
(Exact name of registrant as specified in its charter)
Nevada
000-55451
46-4446281
(State or other jurisdiction of
(Commission File Number)
(I.R.S. Employer Identification
incorporation)
Number)
PO Box 861, Sugar Land, Texas 77487-0861
(Address of principal executive offices)
800-314-8912
Registrant's telephone number, including area code
____________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240, l4a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (1 7 CFR 240, 14d-2(b)
Pre-commencement communications pursuant to Rule I 3e-4(c) under the Exchange Act (I 7 CFR 240, 13e-4(c)
Unless otherwise indicated, in this Form 8-K, references to "we," "our," "us," the "Company," "MEG" or the "Registrant" refer to Momentous Entertainment Group, Inc.
Item 1.01. Entry into a Material Event.
On February 8, 2017, Momentous Entertainment Group, Inc., a Nevada company (the "Company" or “MEG”), executed Share Exchange Agreement with the shareholders of VZ Network Holdings, Inc., a Delaware company (the “Selling Company” or “VZ”), purchasing all the issued and outstanding shares of VZ for newly-issued preferred stock of MEG, with VZ becoming a wholly-owned subsidiary of MEG. VZ owns 100% of the equity of Poolworks (Germany) Ltd, a German company with offices in Berlin. Poolworks owns and operates the social-media networking platforms studiVZ and meinVZ directed and offered primarily to individuals located in the Republic of Germany.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11838881
Momentous Entertainment Group Negotiates Creditor Settlement for Poolworks Debt and Closes on German Social Networks studiVZ and meinVZ Acquisition
Social Media Acquisition Expands Distribution in Germany, Switzerland and Austria
LAS VEGAS, NV--(Marketwired - Feb 8, 2017) - Momentous Entertainment Group, Inc. ("Momentous") (OTCBB: MMEG), a diversified media company with a focus on technology that creates, produces and distributes quality content across various media platforms, announced today that it has reached an agreement with Poolworks' major creditor and executed a definitive agreement resulting in the completion of the acquisition of Poolworks Germany Ltd ("Poolworks"), one of the largest social media companies in Europe with its social networks studiVZ and meinVZ, for $10 million in preferred stock.
The studiVZ platform was founded in 2005 in Berlin and received investment capital from Lukasz Gadowski, Georg von Holtzbrinck Publishing Group and the Samwer brothers. It was acquired along with meinVZ by Georg von Holtzbrinck Publishing Group in 2007 for 85 million euros and then by financiers Michael Pope and Adam Levin in 2012. Today, studiVZ and meinVZ has nearly 10 million registered users and over 40M ad impressions, largely in the German-speaking countries of Germany, Switzerland and Austria.
Momentous is committed to relaunching the Poolworks web and mobile platforms to increase user engagement and retention. Users will see expanded video features such as a new OTT streaming service and an easy-to-use e-commerce capabilities to attract a wider audience and additional revenue. The executive team at Momentous is committed to maintaining a strong focus on information security for its users, something that competing German social networks continue to neglect.
Momentous' CEO, Kurt Neubauer, stated, "Our management team was very concerned when we came to understand the gravity of the credit issues with Poolworks. But, after a number of discussions and negotiations, Momentous' management has reached a settlement agreement with the Poolworks creditor. We are very pleased that the creditor was willing to come to the table and negotiate a positive solution for the Company and its shareholders." Mr. Neubauer also stated, "This has allowed Momentous the ability to close on the acquisition and begin to advance Poolworks' social media system to enhance its users' experiences by offering new features such as our streaming media services and other industry leading product enhancements."
About Poolworks Germany Ltd.
Poolworks' studiVZ and meinVZ record nearly 10 million registered users between the ages of 16 and 59 and over 40 million ad impressions per month. Established in Germany in 2005, Poolworks has evolved into a recognizable household name by developing new platforms, integrating content, and marketing social games. To learn more, visit Poolworks' websites: www.studivz.net and www.meinvz.net.
About Momentous Entertainment Group (MMEG)
Momentous Entertainment Group, Inc. is a diversified media company with a focus on technology that creates, produces and distributes quality content across various media platforms. Momentous has a combined management experience of more than 100 years in entertainment, technology and marketing.
Please note the Company may use social media to communicate with the public. This communication may include information that could be deemed material information. As a result, the Company encourages interested parties to review the information that it posts on the following social media channels: Facebook (https://facebook.com/momentousent13), Twitter (https://twitter.com/momentousent13), and LinkedIn (https://www.linkedin.com/company/10623581).
http://www.marketwired.com/press-release/momentous-entertainment-group-negotiates-creditor-settlement-poolworks-debt-closes-on-otcbb-mmeg-2194245.htm
German Insolvency Plan Proceedings:
III. The insolvency plan proceedings
The insolvency plan is one of the cores of the new German insolvency law. The
autonomous mastering of the insolvency by the creditors and the debtor is not any
more subject to separate proceedings but part of uniform insolvency proceedings.
Within these proceedings it is one of several courses which can be followed on the
search for the best opportunity to satisfy the creditors´ claims43. This uniform system
is different from other insolvency laws like for example the U.S. Bankruptcy Code
which demands a decision between the liquidation proceedings of Chapter 7 and the
plan proceedings of Chapter 11. Nevertheless there are also many similarities between
the insolvency plan proceedings of the German Insolvency Statute and the
provisions of Chapter 11.
The law does not define the purpose of the insolvency plan. The parties are allowed
to diverge from the provisions of the Insolvency Statute and to find a different solution.
Therefore the insolvency plan can even provide a liquidation although it was introduced
mainly to preserve, to rehabilitate and to reorganize the enterprise of the
debtor.
36 § 176 InsO
37 § 178 InsO
38 § 178 InsO
39 § 179 InsO
40 §§ 187 pp. InsO
41 § 188 InsO
42 § 200 InsO
43 Provisions concerning the plan proceeding can be found in §§ 217 pp. InsO
7
An insolvency plan can be set up and submitted to the court only by the debtor or the
administrator44. The plan has to consist of a declaratory and a constructive part45. In
the declaratory part the rehabilitation concept is described. The constructive part determines
the impacts of the rehabilitation on the single rights and claims of the creditors.
One of the most important principles of the insolvency plan is that the creditors
are divided into groups46. The creditor groups can be treated differently by the plan if
a justifying reason exists. The plan for example can form different groups for secured
creditors, for normal insolvency creditors, for those creditors whose claims rank behind
the claims of the normal insolvency creditors and for the employees. The number
of groups is not limited. It is up to the fantasy of the person who is setting up the
plan. The only demand is that there has to be a justifying reason if two creditors are
put into two different groups.
The insolvency plan needs the consent of the creditors47. It has to be presented to
them in a meeting during which the plan is discussed. At the end of that meeting the
creditors decide on the adoption of the plan. They vote by groups. The plan is
adopted if in each group the majority of the voting creditors backs the plan and if the
sum of the claims of the creditors backing the plan exceeds half of the sum of all
claims of the voting creditors48. There is however a prohibition of obstruction, which
shall prevent that an economically sensible plan fails because of the opposition of a
single or a few creditors: If in one group the majority is not achieved that group is
deemed to have consented if the creditors of that group are not treated worse by the
plan than they would be without the plan. Moreover the majority of the groups must
have backed the plan49.
The debtor has to back the plan, too. He is deemed to have consented if he has not
opposed the plan until the voting of the creditors. If he is not treated worse than he
would be without the plan his opposition to the plan is irrelevant50.
Finally the plan has to be confirmed by the court51. After the decision of the court has
got legally binding, the plan gets effective, the insolvency proceedings are terminated
and the debtor recovers the power to transfer his assets. The constructive part of the
insolvency plan may provide for surveillance of implementation of the plan by the
administrator52.
https://www.justiz.nrw.de/WebPortal_en/projects/ieei/documents/public_papers/german_insolvency.pdf
You're welcome. Stand by. I am posting something else you will find interesting in 3...2...1...
From the Poolworks website:
On its own behalf: "studivz" announces bankruptcy - The social network continues
BY VZ TEAM · SEPTEMBER 8, 2017
Berlin, September 8, 2017 - the Poolworks (Germany) Ltd. has filed for bankruptcy on 7 September 2017 at the District Court of Charlottenburg. The court has appointed Jesko Stark, a lawyer for the provisional insolvency administrator, from GT Restructuring, the restructuring unit of Greenberg Traurig.
The operation will continue and the studiVZ and meinVZ sites will remain active. The aim of the procedure is a restructuring, the long-term preservation of the VZ Group as well as the finalization of the new core product development.
All employees have been working hard to develop this new platform in recent months. The new product should be understood as a relaunch of the entire VZ Group.
Because with the creditors of the group agreements were negotiated, which wanted to wear the new owner Momentous Entertainment Group. Unfortunately, the American shareholders could not yet agree with the tax office on the repayment of a sum, so that then the bankruptcy had to be registered.
After a four-month successful collaboration, there is already a prototype of the new platform and the project is only three months away from completion.
For the employees, the whole thing was very surprising after the positive course of the past few months.
https://blog.poolworks.de/in-eigener-sache-studivz-meldet-insolvenz-an-das-soziale-netzwerk-laeuft-weiter-6316/
On March 10, 2017, the Company formed Online Technologies, Inc., a C corporation in the state of Wyoming for the ecommerce consumer products and services division.
On March 10, 2017, the Company formed Momentous Films, Inc., a C corporation in the state of Wyoming for the over-the-top streaming media content creation and distribution division.
On April 3, 2017, the Company formed Nutritional Systems, Inc., a C corporation formed in Wyoming for the nutritional products sales.
https://seekingalpha.com/filing/3681590
They have formed three corporations in Wyoming this year for their various divisions/subsidiaries.
On March 10, 2017, the Company formed Online Technologies, Inc., a C corporation in the state of Wyoming for the ecommerce consumer products and services division.
On March 10, 2017, the Company formed Momentous Films, Inc., a C corporation in the state of Wyoming for the over-the-top streaming media content creation and distribution division.
On April 3, 2017, the Company formed Nutritional Systems, Inc., a C corporation formed in Wyoming for the nutritional products sales.
https://seekingalpha.com/filing/3681590
I sure do I'm an East Coast girl.
Even if you're a woman...lol. :)
The longs have already loaded.
MMEG
Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
Date : 11/14/2017 @ 1:59PM
Source : Edgar (US Regulatory)
Stock : Momentous Entertainment Group Inc. (PC) (MMEG)
Quote : 0.0001 0.0 (0.00%) @ 7:24AM
https://ih.advfn.com/p.php?pid=nmona&article=76093748&symbol=MMEG
The people who are losing their patience have no intention of being here long term, for the very long term I mean. They just want out on the next run.
The TRUE longs have been here for a very long time and have the kind of patience necessary to see the plans come to fruition. We know who they are. We've been here a very long time and aren't going anywhere for the next year or two or even more depending on what happens.
MMEG
Sure am. I am here for the international sales. Even if it takes awhile. Are you still here or did you bail?
I could care less if they file late. They have before. They always file though so it is not an issue.
MMEG
I know...lol. :)
Good point. Interesting week for sure! MMEX
Depending on what is revealed Friday, we'll see what happens next! So far looking really good heading into the groundbreaking. :)
MMEX
Medifirst Solutions to Introduce the Time Machine Laser at the Greater New York Dental Meeting at the Javits Convention Center
FREEHOLD, NJ--(Marketwired - Nov 13, 2017) -
MEDIFIRST SOLUTIONS, INC. (OTC: MFST) (the "Company" or "Medifirst"), a provider of innovative laser technology with its FDA 510(k) cleared Infrared Time Machine TTML-8102000 Laser Thermal Therapeutic Device, is pleased to announce that it is exhibiting at the Greater New York Dental Meeting, a six-day event being held from November 24th to the 29th 2017 at the Jacob K. Javits Convention Center in New York City.
Commented Medifirst President Bruce J. Schoengood, "We are very pleased to be introducing our Laser in the biggest dental conference held in the country. The Time Machine Laser has shown exceptional and immediate results for patients who suffer from excruciating pain related to TMJ. The conference, with over 600 exhibitors, presents a wonderful opportunity to introduce our FDA cleared Time Machine Infrared Therapeutic Laser to the dental industry. We believe that the Time Machine Laser presents a targeted and natural, noninvasive and effective pain treatment option for patients who otherwise are reliant on drugs for immediate relief. We will be exhibiting at Booth 1010 and we welcome everyone to come visit us."
According to the Mayo clinic, the temporomandibular joint (TMJ) acts like a sliding hinge, connecting your jawbone to your skull. You have one joint on each side of your jaw. TMJ disorders -- a type of temporomandibular disorder or TMD -- can cause pain in your jaw joint and in the muscles that control jaw movement. The exact cause of a person's TMJ disorder is often difficult to determine. Your pain may be due to a combination of factors, such as genetics, arthritis or jaw injury. Some people who have jaw pain also tend to clench or grind their teeth, although many people habitually clench or grind their teeth and never develop TMJ disorders.
Commented Medifirst VP and Medical Director Dr. Ronald L. Rubin, "Knowing that TMJ patients feel significant pain reduction after their first visit using the laser treatment is simply wonderful for both doctors and patients. It is exceptionally appealing to doctors' practices because by simply using a non-invasive 100% natural energy treatment, their patients report immediate pain relief, as well as a decrease in muscle spasms within minutes. No drugs, no splints, no endless heat and no TENS therapy. I look forward to meeting everyone and introducing the Time Machine Laser at this spectacular dental conference."
About Medifirst Solutions, Inc.
Medifirst Solutions, Inc., in response to its Premarket Notification 510(k) submission for "The Time Machine" Series Laser, received clearance from the U.S. Food and Drug Administration ("FDA") to market its infrared Time Machine TTML-8102000 Laser Thermal Therapeutic Device. The Time Machine Series Lasers Model TTML-8102000 - 810/830nm is intended for use in temporary relief of minor muscle and joint pain, stiffness, minor arthritis pain, muscle spasm, temporary increase in local blood circulation and temporary relaxation of muscles by means of topical elevated tissue temperature from infrared spectral emissions. Due to the decrease of inflammation, patients have seen immediate aesthetic improvements as well, such as in scar and incision healing. The hand-held laser device, with pin-point accuracy, often gives patients immediate results with no redness, swelling or down-time. This unique laser device offers medical professionals an affordable and effective tool to enhance their treatment protocols for their patients and provide new revenue streams for their practice. The laser division will be operated out of Medifirst's wholly owned subsidiary, Medical Lasers Manufacturer. Visit www.medifirstsolutions.com for more information. Follow on Twitter @Medi_First and for Facebook visit Medifirst Solutions.
Forward-Looking Statements:
The statements in this press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.
CONTACT INFORMATION
Medifirst Solutions, Inc.
Investor Relations
(732) 786-8044
admin@medifirstsolutions.com
www.medifirstsolutions.com
http://www.marketwired.com/press-release/medifirst-solutions-introduce-time-machine-laser-greater-new-york-dental-meeting-javits-2240495.htm
On target with that! :)
MMEG
So nice for sam to join us again after so many months. :)
MMEG
Poolworks belongs to MMEG as we all know.
Good morning MMEX! Looking good today!
I think the point is simply a diverse product line for some Ecommerce online retail. I'm sure they did some research and determined that the things they chose to acquire have some real demand in terms of online retail. I suspect that is why they chose the products they did, and that the ones coming it will also be the case. Think about the huge number of products they could have chosen. I don't think it was just random. JMO. :)
MMEG
Very true, CrazyKar, this is a moderately priced product compared to many high end anti-aging product lines out there which cost three times as much if not more. This is the kind of product that will sell itself. Already there are 80 percent positive reviews on amazon on the products that amazon carries. Bring on the Blackfox Mobile video advertising! Build it MMEG!
MMEG
Thank you Tony and good morning all.
MMEG
How Skin Scientific fits in: MMEG has for a long time not been an "entertainment only" company. We are now an online social media/Reality TV/Films/Music/OTT Streaming/Mobile Advertising/Online Gaming/Ecommerce company.
*Note* the Ecommerce. Skin Scientific fits into the *Ecommerce* as it will be advertised through Blackfox Mobile Advertising (which will soon have video advertising as well).
The point is to offer Ecommerce globally as well as to offer the OTT Streaming/Games/TV shows/Music/Sports globally via social media networks GLOBALLY. In other words, offer content in other languages to worldwide social media networks, starting with Poolworks. This does in fact include Ecommerce.
We've already got Poolworks and Vkontakte. We now have Momentous's Chimera Games Division's most popular game on Vkontake in Russia in the Russian language, as well as on Poolworks in the German language.
Vkontakte has 420 million subscribers, and is the second largest social media network in the world after Facebook.
The point here is that Momentous is building a huge international machine, that will relay content/Ecommerce/etc. to social media networks worldwide. Not to mention Blackforce is a force all its own, with the intent to have advertising worldwide.
So far so good. Nothing snake oil about any of what is happening here. When Neurofuse and Skin Scientific close, we will have 5 acquisitions in under 9 months having taken place.
One only needs to look at what is actually being built to see how everything fits into the picture. If you want to see how this latest acquisition "fits into the scheme of things", view another very recent PR from September 28th. That is only a couple of weeks ago and they have already hit one item on that list you see in the PR below.
Keep your eyes open for the next acquisitions coming which will you will soon see in the areas of Online digital marketing courses,
High end business creation and growth courseware and seminars, and
Downloadable digital books and novels.
These Ecommerce and digital assets will be advertised through Blackfox worldwide, as stated in the PR yesterday. Also stated in the PR yesterday is that they will continue to do more acquisitions to fulfill Blackfox's strategic growth plan.
Momentous is building something very, very solid here, with a keen growth plan and multiple profit centers. There is literally so much going on here that we have ourselves quite an impressive company that is growing, and although there are some growing pains, they will be worth it, IMO.
Please review carefully yesterday's PR about Skin Scientific, then review the Blackfox Growth plan PR below. I think it is self-explanatory how everything fits together very nicely.
Many more details to follow. As always, stay tuned!
http://www.marketwired.com/press-release/momentous-entertainment-group-to-acquire-ecommerce-retailer-skin-scientific-llc-otcbb-mmeg-2240408.htm
Momentous Entertainment Group Unveils BLACKFOX Strategic Growth Plan
Published: Sept 28, 2017 6:00 a.m. ET
LAS VEGAS, NV, Sep 28, 2017 (Marketwired via COMTEX) -- LAS VEGAS,
NV--(Marketwired - Sep 28, 2017) - Momentous Entertainment Group, Inc. ("Momentous") MMEG, +0.00% an online social media network company vertically organized into four business areas: social networking, social gaming, ecommerce consumer products and services, and OTT streaming media content creation and distribution, announced today the plans for the expansion of its newly acquired wholly owned subsidiary, BLACKFOX.IO ("BLACKFOX").
Blackfox.io is already an award winning leading mobile advertising network with a strong worldwide affiliate network. Even though Blackfox experienced explosive growth in 2016 with over a dozen premium and big-budget advertising customers such as Symantec (owner of Lifelock), Tiger Media Inc., Cliq Digital, Momentous is determined to continue Blackfox's previous successes by incorporating an aggressive growth model and plan.
Momentous plans to expand and accelerate its Blackfox business growth with a set of four simultaneously run strategic initiatives that include:
1) Increasing the number of Blackfox advertisers and publishers who regularly use the Blackfox platform.
Management plans to review and evaluate our current advertiser and affiliate/publisher sign-up results and orient our focus towards quickly closing new and larger advertiser and affiliate/publisher clients. Management will be adding additional sales staff while also working to identify the "super affiliates" in the market and attempt to bring them into the Blackfox affiliate/publisher network. With success in this area, Blackfox could significantly expand its worldwide affiliate/publisher coverage and exponentially increase its online advertising traffic hits for all its products and customers.
2) Momentous plans to expand the portfolio of Blackfox offered services to generate more on-going and recurring revenues on a per customer basis.
Momentous will scale-up revenues with new and existing customers by offering new SEO and other online marketing services for a competitively priced, bundled rate to spur increases in on-going monthly recurring revenues. These services could include: Search Engine Optimization, online market and traffic targeting assistance, digital analytics and marketing campaign design and deployment. Management plans to work to identify the top services that would be most valuable and quickly introduce these services to our Blackfox customer base.
3) Momentous plans to enhance the Blackfox technology platform by offering video ad services to increase revenue opportunities.
Management believes that a large opportunity exists to increase Blackfox revenues with the addition of video advertising technology to the Blackfox platform. Management is currently evaluating multiple video ad solutions and development approaches to bringing this new capability to market. Our goal is to get to market as quickly as possible with a new video ad engine that can surpass the competitors on the market while continuing to utilize Blackfox's market leading "payment only for performance" business model.
4) Momentous is in the planning stages of procuring "exclusive" private label e-commerce products that will allow MMEG to retain more of the product selling margins while using our Blackfox ad network platform to aggressively drive sales of the products.
E-commerce products that have already been identified and targeted for inclusion into the Blackfox business fall into these categories:
Music and audio CD's,
Proprietary health and well-being supplements,
Skin care product lines, online digital income training courses,
Online digital marketing courses,
High end business creation and growth courseware and seminars,
Downloadable digital books and novels.
Momentous Music's own CD, The Greatest Story Ever Sung Blackfox campaign has already launched(http://cd.thegreateststoryeversung.com).
Momentous CEO Kurt Neubauer stated, "As we continue to integrate the powerful Blackfox online ad marketing system into Momentous Entertainment, management believes that with the implementation of these plans and initiatives, Blackfox will have an opportunity to deliver a strong increase in growth and revenues."
About BLACKFOX
Blackfox.io (http://www.blackfox.io) is a unique mobile ad network company that has been silently innovating the performance digital marketing sector by delivering highly qualified sales and leads to our trusted clients. Blackfox's team has combined over 20 years' experience in the performance marketing space and within that time frame they've generated millions of dollars for their clients. They work with their clients to create tailored marketing campaigns to find the perfect audience.
http://www.marketwired.com/press-release/momentous-entertainment-group-unveils-blackfox-strategic-growth-plan-otcbb-mmeg-2235317.ht
It was a LOI to acquire a new company. The details will come.