Replies to post #5241 on AB International Group Corp (ABQQ)

[stockfan100]

The Company is preparing for opening its first New York State theater in May or the earliest in April 2022.

ABQQ will be showing its own movies and its own Art work exhibitions/sales of the NETWORK of 200 Chinese Artists entity, that $ABQQ recently acquired, in its own theater soon!

Company's movie theater is in Mt. Kisco, New York!

"Mount Kisco is one of Westchester's most vibrant communities. Approximately 3 square miles, it is geographically small, but it delivers big. Located 43 miles from New York City, it is easily commutable by train or car, though there is little need to ever leave as Mount Kisco is known as a premier destination for shopping, fine dining, entertainment, and award-winning medical care. Boutiques, bistros, and a movie theater line the walkable downtown.."

https://patch.com/img/cdn/users/5468/2011/07/raw/7e18ab34329aa9889b65c1593f18b0bc.jpg


“The Mt. Kisco Movie Theatre will be …

Christina Martabano, who posted about the development for the venue at 144 E. Main St., said Friday that the operator has signed a lease and would be revealed as soon as next week. Movie screenings will be the primary focus but the facility may also host other types of events, she said.
“… it’s somebody who wants to get involved in distribution and I think some other art-type functions there,” Martabano said.

The theater has been closed since COVID-19 forced the shutdown of virtually all venues in March 2020…”

https://www.theexaminernews.com/operator-signs-lease-to-re-open-mt-kisco-movie-theatre/

[stockfan100]

I believe this is a smart move. Company got additional $1.8 million CASH for its first 3 movies that already grossed almost 6.8 million in the China box office so it can expand its the NFT, Streaming Service and Theater business.

The reason behind the strategic move of having OFFICES in Hong Kong and New York is getting more clear now!

... an agreement with the buyer in Hong Kong to sell its 3 films' “Love Over The World”, “Our Treasures” and “Confusion” broadcast rights of mainland China for a consideration of $1.8 million in cash. AB continues to own all copyrights & broadcast rights excluding mainland China.