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let me know if i can help !!! WasFuzz2@Magnum7419 on twitter
with Kissinger ?
what was the date of closure ? if it was not within that quarter.......................
Clearly Mr. K believes in this company to the point of being a direct Invester "Imho" an as such can not publicly speak about it "imho"
Authentic Holdings Completes Acquisition of Goliath Motion Pictures Promotions for $5.3 million
June 20 2023 - 08:20AM
InvestorsHub NewsWire
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Somerville, NJ -- June 20, 2023 -- InvestorsHub NewsWire -- Authentic Holdings, Inc. (OTC PINK: AHRO) has completed the acquisition of Goliath Motion Pictures Promotions. Chris H Giordano, President and Chairman of Authentic Holdings, Inc., stated, "The acquisition of Goliath Motion Pictures Promotions represents a strategic corner of the puzzle in Authentic Holdings, Inc. building a substantial media and merchandising company. Goliath has been building its massive catalogue for 17 years. It includes over 15,000 full length movies and serial television shows from every genre starting from the 1940s through 2021. In addition to now having a large library of movies we will continue to add hundreds of movies each month to increase the depth and breadth of the Goliath Motion Pictures library for its upcoming monetization in the very near future.
Now that we have acquired this extraordinary library, it is time to breathe new life into all of these titles by "tokenizing" the entire catalogue. This will not only keep them secure but allow us to create a substantial opportunity for distribution to movie lovers around the world. Tokenizing will allow us to distribute Goliath's content to platforms not only here in the US but also overseas without risk of piracy and payment for services. The library will also provide Maybacks Global Entertainment Network, our earlier acquisition, with an enormous amount of additional programming. In addition, it will also create a potentially massive opportunity in another market vertical. With that market vertical presenting itself right now we will now start creating the necessary Smart contracts and Apps for both the "Smart TV" market and the iOS and Android platforms. The Apps will be created for servicing both the Video on Demand ("VOD") markets and the "Linear Television" markets your traditional "scheduled programming" type television. Maybacks Global already has a relationship with several Smart TV manufacturers that have added the Maybacks Global Entertainment App to over 50,000 Smart TVs to date which will allow us the advantage of familiarity with the manufacturers when it comes time to load our VOD service along with Maybacks network programming.
We expect to have the App completed for both Smart TVs and the iOS and Android markets done in approximately 6-8 weeks and expect to do a soft launch via test market by the end of August. The VOD market has experienced stellar growth and is still expected to grow rapidly over the coming five years industry-reports/video-on-demand-market . Authentic expects to aggressively market its Goliath catalogue wherever opportunities present. We will start marketing both our planned VOD and linear platforms in late September of 2023 to both domestic and overseas audiences where we expect to charge a very small monthly access fee for unlimited access.
Lastly, the acquisition of Goliath was done without any up-front dilution to shareholders. The Company issued 100,000 shares of a SERIES D $50 Preferred which is non-convertible for a period of three years. In addition to putting a $5.3 million dollar asset on our balance sheet the potential income to be derived from the catalogue is enormous for Authentic and its shareholders.
With the second acquisition in two months now completed it should be quite apparent that Authentic Holdings, Inc., fully expects to combine organic growth with an aggressive acquisition strategy in its attempt to create a standout company in Media and Merchandising market. We are also in the final stages of negotiations to either "exclusively license" or purchase a music catalogue of 10,000+ Master Recordings which if acquired or licensed will allow us to first tokenize and then monetize these assets through sales of records and/or Limited-Edition music NFTs.
We look forward to our next communication with you, our shareholders. Please feel free to contact us with any questions you may have regarding the acquisition of Goliath Motion Pictures Promotions or any other general questions you may have.
SAFE HARBOR ACT
Forward-Looking Statements: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Authentic Holdings, Inc, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements including those relating to the Company's financing being adequate for the Company to place
well luckily those in the know can leave but for me i love this stock as their recent 5 million asset purchase ensures my millions of shares at an average sp of .00062 will be worth a penny a share some day in the next 12 months. "IMHO"
"LocalBTV is a live TV streaming service that focuses on streaming local TV. Launching back in 2017, first in the greater San Francisco area, it streamed 35 local channels for free on its app. With the service, you can watch local channels for free for the channels it has contracts with. Now though the service has been down for over 48 hours. This has raised questions about if the service will be returning or if it will shut down withmany of our readers are asking. So today we are going to try answer that question.
The outage has taken the service offline on both its website and mobile apps. This has left viewers unable to watch their local programming through the service. Sadly the issue is not with your device, and you will need to wait for LocalBTV to fix the outage before the service will work again"
who cares?
sad to thinkome can't accept reailty.
ty for the lead !!
Why is the bias two buys for every one share sold https://ih.advfn.com/stock-market/USOTC/authentic-pk-AHRO/trades
almost there imho Forbes was right "volume always precedes price"
bias is valid over 2 to one buys versus sales :https://ih.advfn.com/stock-market/USOTC/authentic-pk-AHRO/trades
next month will surely be a Dec to remember:)
Sadly this is not my first rodeo. If it was as bad as they stated why remain ?
can anyone show any evidence that the CEO lied about the company in any SEC 8k or 10Q?
any day now :)
the number doesn't matter to me !
maybe because the revenue occurred after the end of SEPT
We have realized revenues during the quarter ended September 30, 2023, and we are hopeful more advertising agreements are signed and more ad pressions sold to generate future revenue for our company. While these are signs that progress in our company has been made, we are not profitable and still face several challenges, including those presented as ‘Risk Factors” in our most recent Annual Report on Form 10-K.
https://ih.advfn.com/stock-market/USOTC/authentic-pk-AHRO/stock-news/92610949/form-10-q-quarterly-report-sections-13-or-15d
Authentic Holdings, Inc. Common Stock (PC)
AHROOption Chain
$0.0006 0.00 (0.00%)
Bid/Ask
0.0005 / 0.0006
B/A Size
2,010,000 X 10,000---I wish TDA or WF would allow me to buy this stok !!
Sometimes street justice is necessary.
ME :)
np as i never use my money now
i disagree :
"Lastly, the acquisition of Goliath was done without any up-front dilution to shareholders. The Company issued 100,000 shares of a SERIES D $50 Preferred which is non-convertible for a period of three years. In addition to putting a $5.3 million dollar asset on our balance sheet the potential income to be derived from the catalogue is enormous for Authentic and its shareholders."
https://ih.advfn.com/stock-market/USOTC/authentic-pk-AHRO/stock-news/91376527/authentic-holdings-completes-acquisition-of-goliat
revenue will be on the books by next march imho
no problem i had 40 million of cxxl in 2019 only cleared 4 million..................but still learning
yes i have traded pinks often...
Why are "we" so concerned about a quarterly report that ended in sept ?[/b
"We expect to have the App completed for both Smart TVs and the iOS and Android markets done in approximately 6-8 weeks and expect to do a soft launch via test market by the end of August. The VOD market has experienced stellar growth and is still expected to grow rapidly over the coming five years industry-reports/video-on-demand-market . Authentic expects to aggressively market its Goliath catalogue wherever opportunities present. We will start marketing both our planned VOD and linear platforms in late September of 2023 to both domestic and overseas audiences where we expect to charge a very small monthly access fee for unlimited access."
https://ih.advfn.com/stock-market/USOTC/authentic-pk-AHRO/stock-news/91376527/authentic-holdings-completes-acquisition-of-goliat
"Understanding Fiscal Years
A fiscal year is a period of time lasting one year but not necessarily starting at the beginning of the calendar year. Countries, companies, and organizations can start and end their fiscal years differently, depending on their accounting and external audit practices.
Knowing a company's fiscal year is important to corporations and their investors because it allows them to accurately measure revenue and earnings year-over-year. The Internal Revenue Service (IRS) allows companies to be either calendar year or fiscal year taxpayers.
The U.S. federal government's fiscal year runs from Oct. 1 to Sept. 30.
2
Fiscal years that vary from a calendar year are typically chosen due to the specific nature of the business. For example, nonprofit organizations often align their fiscal years with the timing of grant awards".
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You are not alone :) The importance is whenever the 4th quarter ends the company has 90 days to report their 10Q
So based on all the facts submitted.....the Quarter will be published mid Nov which means the quarter will only contain revenue for Sept.......which we already know is zero ........?
but since I know a little bit about budgets I believe they will include subsequent events in their report which means events that occurred after the end of the quarter :) which i all I need to read
All due respect this is what you said "Fiscal year ends 12-31" and I tried to be as polite as possible so as not to offend you.
Fiscal year ends in Sept "IMHO" and calendar Year ends in Dec !!
"Publicly traded companies are required to file quarterly earnings reports on Form 10-Q or 10-QSB and yearly earnings reports on Form 10-K or 10-KSB with the Securities and Exchange Commission (SEC) 1. The SEC requires that these reports be filed within 45 days of each quarter-end and 90 days of each year-end "
I did a quick check and do believe they use Dec as their end as 4th Q
ty i was curious as to if the quarter in question is the 4th (if so they have 90 days to file and not 45 days depending on if its fiscal or calendar imho)
Does AHRO file by calendar or fiscal year ?
which quarter are you referring to?
maybe that asset worth 5 milion will help:)
thank goodness the traders left...........now let's bring in some serious investors.
It is very exciting to think one can become a millionaire buying $AHRO @ .00062 :)
As long as the cuspid number remains the same we longs win imho