AB International Group Corp (ABQQ)

[No1Uknow]

Here is why I took a position today.

ABQQ Announces Plan of Opening its North America Operation Offices in NYC in October 2020Press Release | 07/01/2020
HONG KONG and NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm announces its North America operation offices will be opening in October 2020. The North America operation office will be located in New York City, and will be headed by the Chief Investment Officer, who will be recruited in NYC. The office will be operating the company’s main business: acquisitions in IP and film copyrights; also planning to provide TV dramas and films to broadcast on video streaming websites worldwide, starting December 2020.
About AB International Group Corp.
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company has a Patent License to a video synthesis and release system for mobile communications equipment, in which the technology is the subject of a utility model patent in the People's Republic of China. We had launched a business application through smartphones and official social media accounts based on WeChat platform in February 2019, utilizing Artificial Intelligence, it is a matching platform for performers, advertiser merchants, and owners for more efficient services. It generates revenues through an agency service fee from each matched performance.

For additional information visit www.abqqs.com

AB International Group Corp.(ABQQ) was incorporated in Nevada on July 29, 2013. is engage in the business of IP licenses, focused on acquisition and development of intellectual property, is an IP investment and licensing firm. On June 1, 2017, we entered into a Patent License Agreement (the "Agreement") pursuant to which Guangzhou Shengshituhua Film and Television Company Limited, a company incorporated in China ("Licensor"), granted the Company a worldwide license to a video synthesis and release system for mobile communications equipment (the "Patent"), which Technology is the subject of a utility model patent in the People's Republic of China. Under the Agreement we are able to utilize, improve upon, and sub-license the patent for 10 years. It's currently generates revenue by sub-license monthly fee from a smartphone app of Android. We are in the process of using the underlying technology to create a smartphone video mix app as well as the social video sharing platform. On February 2019, We had launch new business applications through smartphones and official social media accounts based on the Tencent WeChat platform, which is AI tech matching for performer providers and advertiser merchants for more efficient services. It's generate agency service fee revenue by every performing. In 2019, we are investment in Chinese movies copyright and release rights.

Market Cap $211,131
Shareholders’ Equity $3,784,340

If you are smart enough to set a fence post you can figure this one out.