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"Lots of major news coming soon!" I love that part. Somehow I missed that post on the 14th. Ready for that major news!
MMEG
Sounds good to me. Only a matter of time. :)
$MMEG$
The patient and the impatient are waiting patiently. LOL Nice to see you LFS.
$MMEG$
Momentous Entertainment Group 16 hrs ·
Tim Williams, Director & Senior Executive Vice President and Suzanne McCain, Chief Marketing Officer are attending this event in Scottsdale. If you're interested in information on our 506(c) or have other questions, please don't hesitate to message us on Facebook.
Smart Funding Summit - Raise Capital and Keep Control with Reg A
BIG YAM, The Parsons Agency, is hosting Arizona’s inaugural Regulation A finance conference on February 21, 2018, at the agency’s Scottsdale…
EVENTBRITE.COM
https://www.facebook.com/MomentousEntertainmentGroup/
https://www.eventbrite.com/e/smart-funding-summit-raise-capital-and-keep-control-with-reg-a-tickets-42467871547?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&aff=esfb&utm-source=fb&utm-term=listing
MMEG Facebook page back up and updated. Let's see what develops.
Interesting.
$MMEG$
Me too. $MMEG$
Buying the dips! :)
MMEX
Looks like we have a couple of new employees at Momentous:
https://www.linkedin.com/company/momentous-entertainment-group-inc./
Peter Bianchi
EVP of Consumer Products and Brands
and...
Logan Williams
Senior Vice President
Good morning Island Babies and MMEG...
Well let's hope for an Audio Investor's Update in March. I was disappointed we didn't get one in December, and I emailed Kurt about it, stating that we need the Quarterly update, no matter what. I haven't received a reply to any of my emails, but didn't expect one, so we will just have to wait for some news.
In the meantime, sending you guys some big XOXO's for Valentine's Day!
XOXO
Fox
The Asian market is huge for all types of aesthetic and cosmetic procedures. Let's hope we get sales from both the Middle East and China soon.
For those following Ignis Studios progress, it looks like they are getting ready to launch those new games that are in the works. Not sure when they will launch, but you all can keep up with their progress at twitter:
https://twitter.com/ignisstudios?lang=en
Looks like Team Ignis definitely likes tweeting.
Excited about the three new games they will launch. Hoplite Hero is a nice game, let's see what else the team of 15 game developers comes up with.
Thank you. Great post! :)
PKGM
Vape, check this out. Looks like some agree that Green Light will play a nice role here!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138374743
PKGM
Pocket Games Inc. (OTCMKTS:PKGM), which was featured by InsiderFinancial.com in “Pocket Games Inc. (OTCMKTS:PKGM) Is A Smart Risk/Reward Play,” is again moving the market.
By Jarrod Wesson Posted on February 6, 2018
In our previous report, we highlighted that volatility could come back at any time since the float was remarkably reduced. We were not wrong in saying so. As the company released the new annual report accompanied by an attorney letter, the share price was pushed up by an incredible momentum. From $0.0001, the share price jumped and touched $0.0005; the 52-weeks record. It is home run returns, but the story doesn’t end here.
The most significant is the number of shares that changed hands recently; more than 1 billion some days.
Check out the following stock chart before we provide more details:
One year stock chart for Pocket Games Inc (OTCMKTS:PKGM)
1-year chart for PKGM
One month stock chart for Pocket Games Inc OTCMKTS:PKGM
1-month chart for PKGM
Let’s take some time to explain the business of PKGM for those who are joining us now. The company is based in New York and is engaged in the development, marketing, and sale of interactive games for mobile devices, tablets, and computers.
Photo Taken from the Website - Pocket Games Inc OTCMKTS:PKGM
Idol Hands Image – Pocket Games Inc OTCMKTS:PKGM
The business strategy consists of the acquisition of intellectual property and building new brands. The amount of purchases has been significant, which shows the ambition of the management. We will not address all the transactions here. Thus we will provide only what, in our opinion, are the most significant:
In 2014, it remarked the acquisition of the games ‘Idol Hands; Legend of the Furlings’ and ‘God Game’ were acquired (Intel Corporation invested in these projects.).
For the year 2015, we appreciate the partnership with one of the companies of Green Man Games, which helped the company promote “Idol Hands.” The expertise accumulated in this project was used to create Testing and Development teams in Pune, India.
In 2016, the company acquired Social Technology Holdings, Inc., and Kicksend Holdings, Inc. These transactions were recently reversed after legal matters.
We agree with the management regarding the work done so far; it has achieved a lot, and we expect it to continue.
In our opinion, if the company’s games become mainstream games, the growth will decline, and the opportunity will be less significant. Hence, PKGM seems to be a microcap to be studied right now while it is growing at a high pace.
The company is compliant with the regulatory framework
As the management of PKGM noted in many reports, executing transactions is a grand strategy to proliferate. It helps in increasing the number of assets, know-how and facilitates hiring new talent.
But, there is a caveat. Sometimes, the legal work is pervasive and micro caps have no time to deal with it. Some companies are not even able to file all the annual and quarterly reports, which the market usually dislikes.
We appreciate the hard work of the management, because, after a large number of acquisitions cited previously, PKGM has been able to remain compliant with the financial regulations. That’s what an attorney recently communicated to the market:
“- Constitute “adequate current public information” concerning the securities and the Company “is available” within the meaning of Rule 144(c)(2) under the Securities Act of 1933;
– Include all of the information that a broker-dealer would be required to obtain from the Company to publish a quotation for the securities under Rule 15c2-11 under the Securities Exchange Act of 1934;” Source
As expected, the reaction of the market was quite positive. The letter was published on January 31, 2018, and the increase in volume and price commenced around this date.
What’s our take? When external professionals issue a legal opinion about listed companies, many market participants who may have doubts become interested. As a result, the liquidity in the market increases, and many times it also has a positive effect on price.
Additionally, the annual report was also released about two days before. Thus the market expectation was even more significant.
The new information contained in the new annual report
Like every annual report, there are definite and less positive aspects. Let’s start with the positive features. We believe that not many market participants got to know the following information regarding the company hiring M&A advisor:
“Effective August 1, 2017, the Company entered into a consulting agreement with Green Light Developments LLC (“Green Light”), in which Green Light will provide business planning, M&A strategy, financial planning and other business development related services” Source
What does it mean? It means that the company may be planning to acquire new assets or businesses. It is precisely what the market wants to hear after the acquisitions of Social Technology Holdings, Inc., and Kicksend Holdings, Inc. did not work out. It also means that the market will be very vigilant, as announcements in this regard could make the share price spike quite a bit. We also encourage readers to be ready; opportunities are usually presented to those who do the hard work.
Conversely, the new numbers reported in the balance sheet show that the company needs to recapitalize again. The total amount of assets is equal to $1,057, while the balance sheet of 2016 contained many more intangible assets and goodwill. Obviously, the acquisitions made in 2016 did not close, and the company needed to take it into account in the 10-k.
Regarding the reaction of the market, in our opinion, the market was expecting bad financial figures, but the balance reported was better than expected. That’s the reason to explain the increase in the share price.
The company is entering the Cryptocurrency Mining Industry
Very recently, in February, the company created a new Florida subsidiary PocketChain, LLC, which is intended to explore the Cryptocurrency mining opportunity that exists in the market at the moment. Developments seem to go very fast since the company was said to be approached by several companies offering explosive returns at the Bitcoin Miami Conference in January.
“The key to creating incredible returns from mining Cryptocurrency is choosing the right company to work with; finding those partners who not only understand the market trends, but also can get the maximum ‘mining to power’ output ratio. We have created this LLC specifically to test this market.” said CEO, David Lovatt
Let’s see where the new venture brings PKGM. In our opinion, if the company can get only a fraction of some of the returns that cryptocurrency miners are getting right now, shareholders will be satisfied.
Conclusion
Currently trading with a market cap of $2.9 million, PKGM is an exciting story among small caps. Be sure to monitor the momentum that the recent news is creating; the float continues to be very reduced, and the price volatility could be quite high.
Be sure to check out our coverage on PKGM!
We will be updating our subscribers as soon as we know more. For the latest updates on PKGM, sign up below!
Disclosure: We have no position in PKGM and have not been compensated for this article.
Image courtesy of Mike Bean via Flickr
RELATED ITEMS:OTCMKTS:PKGM, PENNY STOCKS, POCKET GAMES INC
https://insiderfinancial.com/pocket-games-inc-otcmktspkgm-hires-ma-consultant-and-enters-cryptocurrency-mining-industry?opanda_confirm=1&opanda_email=klamarchewriter%40gmail.com&opanda_code=041f015478d3689a4cafcde528376fcc
Since they just launched a new website, their Facebook page must be down for a reason--not sure why. Their link to Facebook is still on their website so something is up. Maybe they are working on something, but I have no idea what it is.
Their Linkdedin page has also been updated:
https://www.linkedin.com/company/momentous-entertainment-group-inc./
It states as specialties the following:
"Specialties
gaming, ecommerce products, digital media, digital entertainment"
So I would also believe they are still on the path with Poolworks and the Bobby Dale show. Chasing A Legacy would fall under entertainment. Plus we have not heard the cancellation of either project. Time will tell.
$MMEG
PKGM Signs its 1st Mining Contract and Announces 50% Authorized Share Reduction
New York, N.Y. – (Newswire) – February 6, 2018 – Pocket Games, Inc. (OTC: PKGM), announces today that, through its newly formed subsidiary PocketChain LLC, it has signed its 1st contract with ‘CryptoBits LLC’.
While at the BitCoin Miami Conference in January (https://btcmiami.com/) Pocket Games met with CyptoBits staff. CEO David Lovatt was impressed with their ability not only to manage their specific ‘crypto-coin’ mining based on trends in the market, but also what he called their ‘mining to power output ratio’, which far outweighed other companies operating in the same space.
CEO, David Lovatt, commented that “These guys have been operating under the radar for some time to test their equipment and their operating methods. The reports I saw on their output were impressive. That is why I am excited to inform shareholders that we have allocated funds, and if all goes as planned, we see ourselves becoming a significant player in this space with much larger investments into mining operations at PocketChain throughout 2018.’”
He continued “Since announcing we have setup PocketChain LLC to drive our cryptocurrency aspirations forward, I received questions from several shareholders asking about the reverse split that was filed by the company in 2016, and subsequently cancelled by the Board, as well as asking me about the possibility of a reduction in the authorized share capital. At this time, we see no reason to file for a reverse split. Moreover, we are pleased to be able to announce that we have today filed with the State to reduce the authorized share capital by 50%. We believe this reduction, not only shows our commitment to our shareholders, but also a willingness to listen. We are moving forward in this Cryptocurrency venture and will have our ears to the ground with our shareholders.”
The Company reminds shareholders that the only source of public information on its activities is either OTCmarkets.com or its own website (www.pocketgamesinc.com).
Shareholders are also asked to find Pocket Games on Twitter ™ (https://twitter.com/PocketGamesInc)
About Pocket Games, Inc.
Pocket Games, Inc. is an alternative reporting company on the OTC:US market, trading under the symbol PKGM. With a history of developing games and apps for mobile and PC’s, Pocket Games is currently branching out into alternate revenue streams.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management’s view of Pocket Games, Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Pocket Games, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Pocket Games’ future results. The forward-looking statements included in this press release are made only as of the date hereof. Pocket Games cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Pocket Games undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Pocket Games.
Contact: invest@pocketgamesinc.com
Web: www.pocketgamesinc.com.com
http://www.pocketgamesinc.com/pkgm-signs-mining-contract-and-announces-50-authorized-share-reduction/
LOL Let's see what sales develop over time. :)
Nice!
Vance...
Have I told you that I love you and MMEG?
:)
For sure LFS, the Verts are heating up with Adam Levin at the healm driving everyone into the top emerging markets.
Brilliant choreograph if all comes to fruition. Vert holders watching the moves of the new High Times Media, PKGM, SPC* and MME* very closely.
Patience and time will tell!
Ignis Studio's Hoplite Hero game gets great attention! Nice!!!
Check out this youtube video!
WARNING THIS GAME IS ADDICTIVE! Wicked Gaming January 28, 2018
Plenty of accumulation. Beer money sellers will be drowning their sorrows in that beer when we get the details of the crypto deals and the share reduction over the next two weeks as per Lovatt's tweet. In the meantime, people will accumulate on the dips. Looking forward to those PR's. :)
LOL...Action then Party!!!
Don't know if they are related. Levin is a common enough name. How old is Adam? Moe is around 29 I believe.
BIOGRAPHY: Moe Levin, Founder of Keynote Events, is a visionary entrepreneur and futurist interested in the growth and future of the greatest innovation since the internet. A member of several international working groups such as the Organization for Economic Cooperation and Development (OECD) Working Party 9 in Paris and The Global Blockchain Council in the United Arab Emirates.
Moe works with governments, regulators, banks and corporations as a liaison and consultant to bring people together from around the world, building thriving ecosystems and successful communities.
Prior to founding Keynote, Moe was responsible for launching a venture-backed startup in Europe which raised $30m from Richard Branson, Index Ventures and others.
Moe also organizes the most successful North American and European Bitcoin conventions in Miami, Los Angeles, Chicago and Amsterdam, after a long history in the publishing and marketing.
http://www.keynote2016.com/speaker/moe-levin/
Nice digging Vape...
Green Light Developments LLC
Filing ID
2017-000765080
Type
Limited Liability Company - Domestic
Status
Active
Sub Status
Current
Initial Filing
08/16/2017
Standing - Tax
Good
Standing - RA
Good
Standing - Other
Good
Term of Duration
Perpetual
Formed In
Wyoming
Fictitious Name
Principal Office
1732 1st Avenue
#25955
New York, NY 10128
USA
Mailing Address
18 Ufton Croft
Mount Nod
Coventry
United Kingdom
Additional Details
Registered Agent:
Incorp Services, Inc.
1910 Thomes Ave
Cheyenne, WY 82001 USA
Latest AR/Year
AR Exempt
License Tax Paid
History
Initial Filing - See Filing ID Date: 08/16/2017
Public Notes
No Public Notes Found...
Parties
David Lovatt (Organizer)Organization: Address: 1732 1st Avenue, #25955, New York. NY. 10128
https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=057181168069193081217176165011218045179176213117
Yes, they formed the subsidiary for that reason as per today's news. :)
Yes, you're right, one of the PR's said 8 to 10 months. That was this PR dated October 5, 2017:
"While we have our work cut out for us in restructuring the Company, we're highly confident Poolworks will emerge as a stronger and more sustainable company, without the burden and limitations that came with several legacy issues. We expect this process to take approximately 8-10 months to complete."
http://www.marketwired.com/press-release/momentous-entertainment-group-accelerates-restructuring-of-its-poolworks-subsidiary-pinksheets-mmeg-2236233.htm
In August's PR, Kurt said the following:
"The completion of the new Poolworks social network platform is anticipated for early next year."
http://www.marketwired.com/press-release/momentous-entertainment-group-to-rebuild-its-poolworks-social-media-platform-otc-pink-mmeg-2232075.htm
According to the VZ staff back in September the new platform was nearly completed. The distinction is between the restructuring and the completion of the new platform, which are two different things, although related.
So now we wait.
MMEG
We'll see what concrete news comes out over the next two weeks. Many traders are fickle. Some will wait and pounce when it looks like it's about to heat up again, depending on what the forthcoming news is.
Sounds to me like good news is coming though, on multiple levels all around. Will get very interesting over the next two weeks.
PKGM
Yes. Kurt said early 2018. We'll see if the schedule holds. That would be a nice development. :)
MMEG
Let's see what Lovatt has in store for us today. Looking forward to finding out the nature of the crypto and his plans for reduction of authorized shares. Will be an interesting day for sure, Glenn!
Yesterday's tweet has everyone very excited. There are many longs heavily invested in one or more of the Verts.
No doubt Pope and Levin are at the healm guiding the direction and transforming the Verts to keep up with the movements of the economy.
It's been a long time, but the plans are slowly unfolding.
The racehorses are lined up at the gates!
PKGM
Happy to know you're still with us, shooter56. :)
Yes, news tomorrow. Check out the tweets today.
https://mobile.twitter.com/PocketGamesInc
Welcome! :)
Agreed. If it happens before the RS with the billions of shares that have been accululated here we'll be looking good. PKG* sat at no bid for a lot longer.
$MMEG
Never have I implied or said MMEG will be more than any other OTC stock.
I know what I own thank you very much.
Patience WILL be needed here as plans unfold and come to fruition.
Doom and gloom from me will never happen...so get used to the patience theme. Sometimes that is what is indeed necessary. Sometimes more patience than one even has.
Go $MMEG
The other Vert is hot today! MMEG's time will come!
Nice day so far! A billion volume in first hour and a half!
PKGM
3's back up. Nice volume guys!
PKGM
Yes! PKG* now going crypto. And the other Vert (MME*) just acquired a CBD oil product company as well as Ignis Studios, a gaming company that has 13 game developers who have done work for big names like Lucasfilm Ltd, which produced all the Star Wars games among many famous others. Looks like Pope and Levin influencing the entry into big economic growth markets for the Verts, basically transforming the Verts. Interesting also that both MME* and PKG* both just got new logos! Hmmm, so I am thinking SPCL is next.