SMC Entertainment Inc (SMCE)

[giaiv22]

Correction: THE COMPANY HASN'T SOLD ANY SHARES IN AT LEAST 2 MONTHS. What the filing shows is that they raised money in Q1 which they are allowed to do as a public company and one of the main reasons companies go public. If you noticed, it appears to of been all at .60++ by looking at the chart. That's why these prices down here are from shorting or heavy manipulation.

However, are they toxic notes or death spiral financing? NO


Are public companies allowed to raise capital from time to time? YES

Is there any current dilution or has there been since at least 3/31? NO


Correction: More importantly, is that the company currently hasn't been selling shares for quite a while as clearly indicated in the filings, otcmarkets and the now ungagged TA. We know for a fact that no Shares have been sold since at least 3/31 since the Float is exactly the same today as it is on 3/31.. But the consensus is it's longer than that.

Correction: The TA was ungagged last week. So if there is any concern of any dilution going on from here on out. Anyone/Everyone can call daily and find out. If the float starts showing changes from one day to the next or one week to the next.. then the statement of there being dilution will then be true. But at this moment and for the past 2 months (at least) no dilution has occurred.. There is an amplitude of evidence, facts, filings, Ungagged TA, otcmarkets proving this.. So to exhaust this discussion to this degree is just going around in circles

Everyone can now call every day and confirm if there is dilution or not. It's very simple and fast.

Cleartrust
813 235-4490

And as stated, since the TA is now ungagged.. All is well

dj_ponder Member Level Wednesday, 05/13/15 03:23:40 PM
Re: The Claw post# 1968
Post # of 2364
According to Matthew at ClearTrust, they can release the share structure info to shareholders when they receive an authorization from an SMC Entertainment principal.
If SMCE could do that right away then all is well.

More importantly in the filing that may of gotten overlooked is that they have a material contract/agreement with INgrooves.

More Importantly, they met with INgrooves on Friday.
More Importantly, one of their Management was a key player at Fontana distribution which INgrooves acquired in 2012.

More Importantly, the company is building an empire in the background and moving forward with a new business plan and will be profitable as soon as a few months.

IN other words, none of our investor group with 100's of thousands of shares are concerned about the current NO DILUTION that is occurring and more excited about all the positive DD and variables we are finding on a daily basis.

Have A Great Memorial Day Weekend!