$ABQQ DD below *MUST READ*
•Tiny market cap and they already have revenue. $298,439 reported for the three months ending Feb 28 ‘23
•CEO inside buy 225M shares (Form 4)
•Big acquisition is closed based on their twitter
@ABIntlGroup
. According to the company, post the acquisition, the AB’s shareholder equity would be $6m, profit $1m, meeting the requirements of NASDAQ or AMEX.
•Abqq also owns the IP of a NFT movie and music marketplace app
•CEO recently loaned the company 1.5M zero interest.
•They are trying to get the rights for the distribution release in Asia for TaylorSwift movie/musical "The Eras Tour"
•Also abqq obtained value $1 million of common stock of ME Metaverse. It's a private company, may be going public.
•Audited Financials
•Preparing $2.5M share Buyback
Company states Dilution is done
•R/S cancelled, In a recent 8-K by abqq said they will not do a reverse split
•They started the operation of their movie theatre since the end of October 2022. For Nov, Dec, January and February (the 4 months ended February 28, 2023), they generated total revenue of $177,965, including $115,918 from ticket sales, and $62,047 from food and beverage sales. Total cost for the cinema segment was $78,708, which resulted in gross profit margin of 56%
Market Data 
Markets 
AI
