AB International Group Corp (ABQQ)

[beer$$money]

$ABQQ My point of view here is a complete lack of understanding that an Investment is not Revenue or a Line of Credit!

The $10.8m estimate revenue is based on an investment of $10m. He commented on this in Dec. 2023?

DENG had to know about this before he made the Revenue prediction?
Because the company still needs to raise US$10 million to participate in distribution investment in the Chinese film market?

What happens if they don't get the $10 million Investment/Line of Credit?
And as it is presented in Tweets it is not an Investment but a Line of Credit?

@ABIntlGroup Jan 19
$ABQQ Investors in the $10 million credit line are allowed to use it for http://abqq.tv marketing. This builds on investors' interest in the streaming service's partnership with the owners of more than 1,000 movie rights.

@ABIntlGroupJan 2
$ABQQ New Year’s progress, can’t wait to share with you that it will be confirmed that the company has generated US$2.1 million in revenue from the Chinese film market alone this January SO they can't record this Revenue currently because "The box office settlement will take up to 9 months to complete, and the income of investment companies outside China must go through legal transfers to outside before they can be included in operating income.

So none of this revenue is from is from the Chinese film market?
REVENUE
Copyrights and license $885,289
Theatre admissions and food and beverage sales $199,364
Consulting services $102,347
Total revenue $1,187,000
https://www.otcmarkets.com/filing/html?id=17449607&guid=xmQ-kHXtV1mldth

And here in Dec. 2023 DENG has statedn "It’s received an investment credit line of US$10 million will be added to working capital from some investors.

$ABQQ: Because AB won’t use equity to raise funds, the shares are not diluted and there is no need to R/S. It’s received an investment credit line of US$10 million will be added to working capital from some investors. Investors are optimistic about AB's unique businesses,…

— ABQQ (@ABIntlGroup) December 5, 2023