Embarr Downs, Inc. (EMBR)

[QTRADERQ]

FOUND HUGE NEWS!!

For those of you who have read my posts this weekend, I'm confident that Garry McHenry, former President of Microchannel Technologies (MCT*C) is the individual named on the NVSOS listing for Investment Reserves, LLC, and that he is the individual who incorporated the entity seeking custodianship of EMBR. The $64k question has been now that he has control of Microchannel what business venture does he plan to bring into it and RM with EMBR.

I believe I got the answer. From this PR, Garry McHenry had hired Chris Berno a CTO while at Microchannel
https://www.accesswire.com/494759/Chris-Berno-Named-CTP-at-MicroChannel-Technologies-Corp-to-Launch-Cryptocurrency-Mining-Operations

So what happened to Chris Berno after Microchannel was spun off from MCT*C. Well according to his LinkedIn he's been a busy guy in the virtual reality (VR) universe and with his partner has been seeking $2M in seed financing for his company, Vroom Technology, Inc, which has been in beta since being founded in 2016. I know this because their website says "beta".

I believe after Garry McHenry left MCT*C in June 2019, he and Chris Berno (his former CTO at Microchannel) plan to RM Vroom Technology, Inc. into the EMBR shell after obtaining custodianship. Both gentlemen live near one another in Fort Lauderdale and Pompano Beach (20 min drive).

Here are supporting links to support my conjecture:

1. Chris Berno LinkedIn (compare it to the above PR; he has a gap and omitted Microchannel but all the other employers match)
https://www.linkedin.com/in/chrisberno

2. Vroom Technology, Inc Beta Webpage
https://betapage.co/startup/vroom-technology-inc

3. Vroom technology, Inc LinkedIn
https://www.linkedin.com/showcase/vroomtechnology/about/

4. Vroom technology, Inc Pre-Funding Valuation at $5M
https://www.crunchbase.com/funding_round/vroom-technology-inc-seed--9cfb45ee#section-overview

We are strategically positioned at the epicenter of the VR industry and act as an integrator, providing a one-stop-shop for VR producers and brands seeking to launch into virtual reality.

VRoom offers cloud platform that helps businesses leverage cinematic VR with OTT distribution and custom VR apps. It has created an unmatched value proposition by strategically combining the capabilities of two separate but highly integrated VR companies under one roof and providing an end-to-end suite of VR professional services that fast track the production, distribution, and monetization of VR content for our business clients worldwide.
https://www.crunchbase.com/organization/vroom-technology-inc#section-overview

5. 2016 $1.5M Seed Financing Investor Pitch (go to slide 20 of 22)
https://www.slideshare.net/chrisberno9/immersive-media-distribution-investor-pitch-deck-2016

6. April 17, 2017 - Vroom technology, Inc - 1st Funding Round. -0- Raised
https://www.crunchbase.com/search/funding_rounds/field/organizations/num_funding_rounds/vroom-technology-inc

7. Vroom technology, Inc - Seed Financing Raised to $2M
https://www.slideshare.net/chrisberno9/vroom-technology-llc-investor-brief-march-2018

FUNDING SOUGHT Up to $2 Million USE OF FUNDS ? Secure Patent Protection ? Platform Consolidation ? Expand Engineering Team ? API Expansion ? Stadium Scale Demo Production ? Global Marketing ? Business Development ? Working Capital Business Model & Market Opportunity

8. FL SOS - Vroom Technology, Inc (Inactive status)
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=RANKREVOLUTION%20L090000035070&aggregateId=flal-l09000003507-fb422816-d6a1-4359-beed-222f103759e0&searchTerm=rank%20revolution&listNameOrder=RANKREVOLUTION%20L090000035070

In summary, Vroom's seed funding to raise $2M 'bombed' big time so with Garry McHenry's knowledge and connections they will take Vroom technology, Inc public via custodianship, and a RM with EMBR.

What's a virtual reality company on the OTC worth? Well, from their investor slideshow they provided this sales and order data.

SALES 2018 YTD: $130,000 (Booked) SALES PIPELINE Growing enterprise sales pipeline with >$900K in active bids as of 2/24/2018 >$200K GRANT FUNDING"
https://www.slideshare.net/chrisberno9/vroom-technology-investor-brief-feb-2018

All imho