Grom Social Enterprises Inc (GROM)

[Big Brother]

More info on the Grom/Top Draw acquisition. The more I look into this, if the Grom Holdings and ILLU deal happens I think this will be one of the better mergers/acquisitions we have seen on the OTC in years.

According to this article, Grom Social alone could potentially be a $50M US and that may not even include TDA.

https://www.thesun.co.uk/living/2921173/meet-the-teen-tycoon-who-set-up-his-own-social-network-at-12-because-his-dad-banned-him-from-facebook-and-is-now-worth-40m-at-15/

Last year, the company was valued at £40million and in the next three years, Zach expects sales to top £100million.

http://www.marketwired.com/press-release/grom-holdings-inc-acquires-philippines-based-animation-producer-top-draw-animation-2142085.htm

http://www.cartoonbrew.com/business/little-pony-animation-producer-top-draw-animation-acquired-grom-social-141630.html

Top Draw Animation ("TDA"), www.topdrawanimation.com, commenced operations in 1999 and specializes in 2D Digital production methodologies. Top Draw Animation Hong Kong Ltd represents the Group in all business aspects and in turn sub-contracts the production work on an exclusive basis to Top Draw Animation, Inc. in Manila. Manila employs 500 personnel, all housed in 2,175 sq. meters of the PSEC Centre, Ortigas Center, Pasig, and outputs more than two hundred (200) half hours of television annually, making it one of the most prolific producers of animation for television anywhere in the world today. Its clients are successful in their own right and provide year on year repeat business and represent a broad-based geographic profile that currently includes Canada, France, Australia, Spain and the United States.