SMC Entertainment Inc (SMCE)

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Genesis form 3 warrants 2023 $3.00
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Explanation of Responses:

1. The warrants are currently exercisable through
February 12, 2023 at a per share exercise price of $3.00.

2. The reporting person is the Chief Financial Officer and holder of approximately 4.6% of the currently outstanding share capital of Whitestone Investment Network, Inc. ("Whitestone"), which is the record holder and owner of the reported securities. The reporting person disclaims beneficial ownership of the securities owned by Whitestone, except to the extent of his pecuniary interest in Whitestone. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

/s/ Murray Smith
06/20/2018
** Signature of Reporting Person Date

Explanation of Responses:
1. Shares are held of record and owned by Debit Plus LLC. The undersigned reporting person, together with Gary Larkin, the Executive Chairman of Genesis Financial, holds all of the voting units of Debit Plus LLC and shares voting and dispositive control over these shares with Mr. Rose. All investment and voting decisions are made jointly by Messrs. Larkin and Rose. Accordingly, the undersigned may be deemed to share voting and dispositive power with respect to such shares. The undersigned disclaims beneficial ownership of such shares except to the extent of his proportionate and any other pecuniary interest.

2. The warrants are currently exercisable through February 12, 2023 at a per share exercise price of $3.00.

3. The reporting person is the Chief Executive Officer and holder of approximately 7.7% of the currently outstanding share capital of Whitestone Investment Network, Inc. ("Whitestone"), which is the record holder and owner of the reported securities. The reporting person disclaims beneficial ownership of the securities owned by Whitestone, except to the extent of his pecuniary interest in Whitestone. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

/s/ Roy Rose
06/20/2018
** Signature of Reporting Person Date

Camaron Russell
6,311,774 indirect common Genesis holder

Alford Timothy
108,258,017 Indirect Common Genesis Holder

https://sec.report/Document/0001493152-20-017070/