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....and not too many folks are aware of us .....yet
SMC Completes Asset Purchase of UK-registered ChainTrade Ltd.’s AI-powered Trading Platform
Friday, 21 June 2024 08:00 AM
Mergers and Acquisitions
BOCA RATON, FL / ACCESSWIRE / June 21, 2024 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the closing of the acquisition of ChainTrade Ltd's AI-powered Trading Platform (the "Platform").
ChainTrade, a UK-registered Fintech company, is a joint Venture between Plato Data Intelligence and Redmatter.Capital. ChainTrade has developed its Platform to allow users to trade Equities, ETFs, Commodities, and Indices with the support of a personalized AI-powered trading assistant. The Platform was built to revolutionize trading and investing by leveraging AI's predictive capabilities. Management believes this will improve research, risk management and asset allocation. The Platform provides the user personalized and customized investment strategies and utilizes AI to evaluate assets within a portfolio. SMC has launched two separate verticals that are being integrated - ChainTrade.AI for use in the USA and ChaniTrade.pro for use internationally. The Company is currently offering a free trial to test the AI Research Advisor software - click here to start your free trial.
The launch of 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 allows them to make informed decisions on optimizing their portfolio performance. ChainTrade and its founders have spent the last three years building the required infrastructure to deploy the Platform to the market. Once fully enabled, the Platform will be able to facilitate transactions in a highly secured environment. The Platform's development and features continue to evolve so it can be marketed across emerging markets.
Erik Blum, CEO of SMC stated, "We believe the AI-powered Platform will have a direct and significant impact on SMC's future revenue growth. We look forward to working with the ChainTrade team to expand our market reach and revenue growth."
"We are both motivated and excited to deploy our tech, infrastructure and marketing network via a forward thinking approach towards user acquisitions and sustainability," stated Bryan Feinberg, Co Founder of ChainTrade."
The terms for acquiring 100% of ChainTrade's Platform are: (a) issuance of an $8,000,000promissory note, (b) an initial payment of $30,000 on or before closing which SMC has already made, and (c) until cashflow positive, additional payments of $30,000 every forty-five days thereafter to cover customer acquisition, further product development and marketing expenses.
About SMC: www.smceinc.com
MS1SMC is a versatile holding company focused on 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.
About ChainTrade: www.chaintrade.ai
ChaintTade LTD is a UK Registered Entity and is affiliated with Red Matter Capital LTD, a registered financial services company, with its subsidiary granted a securities trading license by the Capital Market Authority of Montenegro..
Press Release Contact:
Erik Blum,
Chief Executive Officer
SMC Entertainment, Inc.
360-820-5973
LMAO...This was released today:
Ronn Inc. Provides Shareholder UpdatePress Release | 06/20/2024
This was released today:
Ronn Inc. Provides Shareholder UpdatePress Release | 06/20/2024
RONN Inc. addresses some update questions from shareholders:
SCOTTSDALE, AZ / ACCESSWIRE / June 20, 2024 / RONN, Inc (OTC PINK:RONN) Ronn Ford, the CEO, today provides several updates and stated that on the financial front, it appears that our 100 million MOU is very close to becoming a final agreement and fully funded. The audits are approximately three weeks out from completion, and our S-1 is on track to be filed by the end of JULY 2024 in advance of an expected senior exchange listing, possibly later this year, depending on market conditions.
Ronn continued that our Tobique First Nations hub agreement is awaiting final approval from the tribal council. This 1000-kilogram-per-day hub is the first of seven anticipated across Indigenous lands to create a virtual hydrogen highway across Canada and will include several of our new logistic trucks. Ronn added that he has met with seven Tribal Chiefs supporting this forward-looking plan. Quote from a shareholder question:
"I am pleased to inform you that Tobique is indeed engaged with RONN Motor Group. This partnership is currently under review by our committee for final approval. We appreciate your interest and patience as we move through this process. We have every intention of moving forward with this project for the hydrogen hub. Best regards, Julian Moulton Councilor Tobique First Nations "
Vehicle Updates:
1) Logistic Hydrogen Fuel Cell Class 3-6 Trucks
a. We have the initial engineering completed
b. our feasibility studies are complete,
c. v1 chassis design and prototype chassis complete
d. partial supply chain for major components
e. With our new capital funding, we will finalize the first driving prototypes.
2) Will the new vehicle be a Sportscar, Supercar or Hypercar
a. While we like both Supercars and Hypercars, the company CEO prefers Hypercars
b. The new vehicle will supersede RONN's globally known Scorpion Supercar Hydrogen Hybrid
c. We do have a new name based on the theme of the vehicle that we will reveal in the near future
d. The new super-vehicle will be all-electric, driven on all four wheels, with a hydrogen fuel cell providing the electricity, with probable super-capacitors or solid-state batteries to capture regenerative power created in the drive train.
e. We expect horsepower to exceed 1000 plus.
f. This vehicle will be a limited edition and limited-release vehicle. We are taking advantage of the rapidly growing hydrogen infrastructure globally.
As a final note, I would like to add that we are actively in discussions with a large global group to expand both our vehicle and hydrogen hub initiatives and to create a Joint Venture to accomplish that goal. We expect to have further updates on this in the near term.
I would personally like to thank all of our supporters for our vision to make a difference in the world.
-RONN FORD
About RONN:
RONN is a Hydrogen company at the forefront of sustainable technology solutions. While working to manufacture high-performance, environmentally responsible hydrogen electric vehicles, the Company has now added hydrogen production hub development to contribute positively to the planet.
For more information, please visit www.ronnmotorgroup.com or contact John Morgan at jmorgan@ronnmotorgroup.com
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include, but are not limited to, the success of RONN, Inc. initiatives in the hydrogen tax credit market. RONN, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: RONN Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/RONN/news/Ronn-Inc-Provides-Shareholder-Update?id=444448
Not sure but it seems to me that infrastructure would be the best entry point rather than trying to compete with Toyota or Honda
My take on it is that RONN would be better off chasing the Infrastructure end of things for now such as building ReFueling stations and perhaps Trucking services to supply the "gas" stations using Hydrogen powered trucks , eventually,.......and the Car or SUV (the Myst) can come at a much later date....
just my opinion
Things are looking good and the Basher Index confirms the shareprice move up
I know eh, these losers that bash here just have no clue how to make money....they wouldn't know an opportunity if it kicked em in the ass....pathetic
we can't sustain any good shareprice movement without some really good news...something concrete not just promises.....and soon
Sounds like an advertisement...LOL
Good Luck
This does not bode well....the stock guru has struck
so a stock going from .0005 to $1.93 in 3 months is a bad thing?
You poor confused man
Careful now
Paulie's Pixel Palace
Nice bit of DD there
The Tobique tribe sure are an enterprising outfit
NEWS: Ronn Inc. Provides Shareholder Update
Thursday, 20 June 2024 08:15 AM
RONN Inc.
Company Update
RONN Inc. addresses some update questions from shareholders:
SCOTTSDALE, AZ / ACCESSWIRE / June 20, 2024 / RONN, Inc (OTC PINK:RONN) Ronn Ford, the CEO, today provides several updates and stated that on the financial front, it appears that our 100 million MOU is very close to becoming a final agreement and fully funded. The audits are approximately three weeks out from completion, and our S-1 is on track to be filed by the end of JULY 2024 in advance of an expected senior exchange listing, possibly later this year, depending on market conditions.
Ronn continued that our Tobique First Nations hub agreement is awaiting final approval from the tribal council. This 1000-kilogram-per-day hub is the first of seven anticipated across Indigenous lands to create a virtual hydrogen highway across Canada and will include several of our new logistic trucks. Ronn added that he has met with seven Tribal Chiefs supporting this forward-looking plan. Quote from a shareholder question:
"I am pleased to inform you that Tobique is indeed engaged with RONN Motor Group. This partnership is currently under review by our committee for final approval. We appreciate your interest and patience as we move through this process. We have every intention of moving forward with this project for the hydrogen hub. Best regards, Julian Moulton Councilor Tobique First Nations "
Vehicle Updates:
1) Logistic Hydrogen Fuel Cell Class 3-6 Trucks
a. We have the initial engineering completed
b. our feasibility studies are complete,
c. v1 chassis design and prototype chassis complete
d. partial supply chain for major components
e. With our new capital funding, we will finalize the first driving prototypes.
2) Will the new vehicle be a Sportscar, Supercar or Hypercar
a. While we like both Supercars and Hypercars, the company CEO prefers Hypercars
b. The new vehicle will supersede RONN's globally known Scorpion Supercar Hydrogen Hybrid
c. We do have a new name based on the theme of the vehicle that we will reveal in the near future
d. The new super-vehicle will be all-electric, driven on all four wheels, with a hydrogen fuel cell providing the electricity, with probable super-capacitors or solid-state batteries to capture regenerative power created in the drive train.
e. We expect horsepower to exceed 1000 plus.
f. This vehicle will be a limited edition and limited-release vehicle. We are taking advantage of the rapidly growing hydrogen infrastructure globally.
As a final note, I would like to add that we are actively in discussions with a large global group to expand both our vehicle and hydrogen hub initiatives and to create a Joint Venture to accomplish that goal. We expect to have further updates on this in the near term.
I would personally like to thank all of our supporters for our vision to make a difference in the world.
-RONN FORD
About RONN:
RONN is a Hydrogen company at the forefront of sustainable technology solutions. While working to manufacture high-performance, environmentally responsible hydrogen electric vehicles, the Company has now added hydrogen production hub development to contribute positively to the planet.
For more information, please visit www.ronnmotorgroup.com or contact John Morgan at jmorgan@ronnmotorgroup.com
Ladies and Gents 12 hours 'til open
Ladies and Gents 12 hours 'til open
not talking about charting, just saying we can't sustain this recent shareprice movement without some really good news...and soon
Trump is obsessed with polls and ratings
I'm beginning to think (and HOPE) that the risk of Trump being re-elected is a far fetched story being maintained by the mainstream media for some awful purpose like to generate revenues or perhaps something even more sinister.
The bottom line though, is that I cannot believe that the American people can be foolish enough to allow it to happen
I think the apparent closeness of the race is bullcrap.....but having said all that....i hope we get lots of folks out to vote this time around
Go ICNM
We need some news or something to fill the gap , otherwise we won't sustain the increased shareprice
And I think iGlow was the one warning folks away just before it went from .0005 to $1.93 in 3 months
I will alway like this quote from someone who was there....
"I was in Sharp’s last reverse merger ticker. I bought at .016, it ran to .359, I held almost all of it. It then went to .077, down 80%. I felt stupid, but I stayed the course. It ran to $1.93 and I won, selling shares along the way up."
and another lucky one
"...reminds me of $HMBL in 2021 which went to $1.97 from .0008 cents … life changing for sure ! When i first discovered it at .02, got in with 500k shares and sold at .34 cents for a $160,000 in profits. "
PèPè stop playing with yourself
Pretty sure one of the lurkers here had a lot to do with it too
And also it is clearly targeted at posters who question the bashers.... many of my posts have been removed because I question a particular basher
Not so sure that the rules are randomly enforced,
I decided to let the regular bashers on 2 stock boards know that I don't read their posts, and that likely no one reads their nonsense.
Well 9 of my posts were removed over 3 days....all of them "off topic".
If you care to read the new guidelines that were announced last July....those posts should have been fine.....easily within the rules
Hard to have a convesation on some stock boards, especially popular boards when the deletions are so obviously targeted like that
Do you all still think that this will do what was promised....there is info online that their sales platform is nothing more than , what we would call a pyramid scheme...or at best a variation of a tupperware party or becoming a Mary Kay consultant ?
So what fundamental will be driving it Thursday....not sure it will be news from June 7
🚀 Nice close....up 75 % for the day
New 52 week high at .0007
Order was for 1,666,666 shares at .0006 ....hmmmm
Easy to get tunnel vision as a stock trader but I don't think the company's main purpose in life is to serve the shareprice
but rather to create a thriving company, then the shareprice will look after itself and all of us too
From ❌️
RONN inc (Formerly $LPHM)
@leepharma
email inquiry overnight: “Does the company have a prototype built for fleet delivery trucks or SUVs?”
From Mr Ronn Ford, “We have engineering , feasibility, chassis, design and partial supply chain. With our new capital funding we will finalize first driving prototypes.”
$RONN
8:24 AM · Jun 18, 2024
·
1,101
Views
He hasn't bought a share in years....more likely never...Fear Of Joining In (FOJI)
You might want to pack a "go-bag" ....for the car....if you own one ....just in case....jus' sayin'