MOMO'S BREAKOUT BOARD

[Helter Skelter]

$SMCE to CANCEL 270,000,000 shares nearly HALF the OS! See NEWS! >> As at 11/15/2021, SMC's total outstanding common shares were 672,126,974 representing 498,339,506 restricted shares and 173,787,468 unrestricted shares. SMC is seeking to cancel a total of 270,000,000 restricted shares: (i) 200,000,000 shares held by a former executive; (ii) 30,000,000 shares held by a former consultant; and (iii) 40,000,000 shares from unwinding a prior acquisition. SMC will be creating preferred stock series to incentivize its management team and company insiders, preserving common shares for capital funding while minimizing dilution.

https://www.accesswire.com/673046/smc-entertainment-provides-shareholder-and-performance-update-and-a-message-from-its-newly-appointed-president

$SMCE Strong Buy



https://www.otcmarkets.com/stock/SMCE/security

$SMCE Subtract 20,000,000 more shares from the OS

Please note, SMC's share count of 672,126,974 outstanding and 498,339,506 restricted is the correct count compared to what OTC Markets is displaying on our profile. This 20,000,000 share discrepancy stems from an April 1, 2021, share cancellation that SMC already accounted for, however, SMC's Transfer Agent has not processed the cancellation request. SMC and its Transfer Agent are rectifying the discrepancy.

$SMCE ~$20,000,000 REVENUE and ~$1,400,000 EARNINGS Coming Into SMC

POINT ROBERTS, WA / ACCESSWIRE / November 10, 2021 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE) today announced that it has entered into a letter of intent ("LOI") to acquire 100% equity interest in Genesis Financial, Inc. ("Genesis"), a diversified financial services company with a focus on fintech-powered Wealth Management advisory services. The acquisition is valued at $45 million.

?Genesis operates its business mainly through two Australian regulated entities in wealth management, tax and accounting advisory services. For the 9 months to September 2021 the Australian operations generated gross revenue of approximately $15,765,000 (AUD$21,371,861) and derived EBIT of approximately $1,035,600 (AUD$1,403,919). All figures are unaudited.

?Pursuant to the terms of the LOI, SMC will acquire 100% of the issued and outstanding securities of Genesis for stock. Genesis shareholders will receive SMC's preferred stock convertible to common. Subsequent to acceptance and closing of this transaction, management will strategize an additional capitalization plan minimally of $15 million for immediate implementation. The new capital will be allocated for further expansion, acquisitions and working capital. Management will also explore the ability to seek a more senior public listing exchange along with a reflective name change into 2022.



$SMCE DD LINKS

SMCE News >> https://www.otcmarkets.com/stock/SMCE/news
SMCE Share Structure >> https://www.otcmarkets.com/stock/SMCE/security
SMCE Filings & Disclosure >> https://www.otcmarkets.com/stock/SMCE/disclosure

$SMCE Acquisition Target Genesis Financial Inc Websites:

The Financial Link Group >> https://www.tflg.com.au/
Ballast >> https://www.ballast.com.au/