PSRU DD - Updated May 13, 2022 --------------------------------------------------------------------- Significant Changes In This Version:
- Share Structure updated May 13, 2022 - no change - no dilution in 48 days.
- Updates May 9 (Ambush Karoke) and May 11 (Fungy). ----------------------------------------- $PSRU Portfolio of Companies / Partnerships:
ABA Canada ABA US Celebrity Teams Ambush Karoke America's Next Investment (ANI) Fungy NFT Jigga TV New Day Entertainment Providence Film Group Summer Technologies Inc VE Gaming XMG Media ------------------------------------------ Corporate Video:https://www.youtube.com/watch?v=Denx_y4ekqk ------------------------------------------------ Ambush Karaoke Video: https://www.youtube.com/watch?v=QEyH7KZa34k --------------------------------------------- Recent Important PRs / Newsletters - Since September 2020
2020
News - September 23. XMG, a Valiant Eagle Inc. Subsidiary, Launches Streaming Channel, Music 365.
News - September 30. Valiant Eagle Inc. Signs Share Option Agreement for the Acquisition of Majority Control of the American Basketball Association (ABA).
News - December 15. Providence Film Group, a Valiant Eagle Inc. Subsidiary, Designs Their State-Of-The-Art Studio and Valiant Eagle Inc. Provides An Update On The Acquisition Of Majority Control Of The American Basketball Association.
News - January 5. Valiant Eagle Inc. Reveals Renderings of a New Six-Building Soundstage Facility for Its Subsidiary, Providence Film Group and Provides an Update on the American Basketball Association.
News - April 19. Providence Film Group, A Valiant Eagle Inc. Subsidiary, Momentously Signs EB-5 Agreement For Its Film Production Slate and Regional Center.
News - July 22. Valiant Eagle, Inc. Subsidiary, Providence Film Group, Inc., Acquires Full Rights Of 12 Iconic Movies Including Bruce Lee's "Fists of Fury" and Enters The DC Universe With "Swamp Thing"
News - November 12. Providence Film Group, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, To Produce The Inspire Community Unity (ICU) Awards Which Honors Exemplary Individuals.
News - January 24. Providence Film Group, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Inks Second Development Project With Brian Oliver's New Republic Pictures For "Zelda" Starring Oscar Winner, Jennifer Lawrence.
Update - January 26: "Dear Valiant Eagle Inc. [OTC PSRU] Stakeholders,
The pilot is completed of DNA for Episode 1. Writer Rick Dunkle, from Criminal Minds, has literally knocked this one out of the park! This will be a network smash for Providence Film Group! $PSRU"
"Our QA team has successfully concluded its testing on Fungy!!!. We have instructed the development team to start preparing the placement to our server so we can make the deployment to matic testnet and run some checks."
"Next we will make the final deployment to matic mainnet, and then go into BETA mode!!! $PSRU"
Major Update - Non-Dilutive Funding Via EB-5 Program - February 8:
Dear Valiant Eagle, Inc [OTC PSRU] Shareholders,
Our EB5 team will finish up and deliver the complete I-526 template by the end of the next week which allows us to engage and secure funding for the film slate with over 20 films. $PSRU
Also important is our regional center sponsor, EB5AN, that has reviewed a draft bill that may soon be introduced in Congress that proposes a reauthorization of the regional center program and several other major changes to the EB-5 program. $PSRU
The min EB-5 investment amount would increase to $700K [now $800K] for TEA areas and $850K [now $1.050M] for non-TEA areas for both regional center and direct EB-5 investments. This would allow us a to raise over $50M. The higher amounts will take immediate effect on Feb 18, if the bill is passed. [Passed March 10, 2022]
On another note, the Company WILL NOT initiate a reverse split in the foreseeable future which has been a concern of many shareholders. $PSRU
Update - February 16: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, Building on the momentum from last year’s media streaming partnership, American Basketball Association Canada Inc. (ABA Canada) and Valiant Eagle, have both big news to share with fans, and big announcements for shareholders. $PSRU"
Update - February 18.
"In regards to our EB-5 endeavors, A final appropriations bill is expected to include a rider that will reauthorize the EB-5 regional center program to increase the minimum investment amount to $700,000 in TEAs and $850,000 outside of TEAs. $PSRU"
"This change would likely take effect immediately on March 11, 2022 and positively affect us. $PSRU"
Update - February 22: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, In anticipation of our upcoming Fungy Marketplace launch, here is a preview of one our most highly anticipated NFT collectionsfrom Bruce Lee's Fists of Fury. Only a few dozen of these will be offered. $PSRU.
News - February 23. American Basketball Association Canada Inc, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Now Accepts Market Reservations.
Update - March 7: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, Our Gaming division is proud to present playable demo for our basketball game that will be completed next month on platforms such as Xbox, PlayStation and PC, this demo will show the creativity and ingenuity VE Gaming offers.$PSRU"
Update - March 9:
"Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, Take a look at a sample of our video game’s maps and scenery. The graphics are amazing! This game will easily rival that of NBA2k. $PSRU"
"With more features, interaction, players and maps, the game should be the next top selling basketball game on the market. $PSRU"
Fungy has been advanced to its final round of testing and deployed to the mainnet on our servers. We have assigned select individuals to fully test the operation and functionality of the marketplace. $PSRU"
"The Fungy token has also been launched and will be integrated with the marketplace and our flash games to become our commerce token. $PSRU"
Update - April 26.
"Dear Valiant Eagle Inc. [OTC PSRU] Stakeholders,
Ambush Karaoke has received strong interest both from former Senior Producers and two judges from American Idol. Each one has expressed that the concept has unlimited potential. $PSRU"
News - April 28. Providence Film Group, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Enters Into Final Negotiations With Former Senior Producers And Two Judges From American Idol.
Our VE Gaming Division will be releasing a demo for our street basketball game this week on Playstation, XBOX and for PC. This will blow away NBA 2K22 and any other lowly competitor! Our graphics are off the chart!"
News - May 5. Providence Film Group, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Announces Both The Executive Producers and Celebrity Music Producers of "Ambush Karaoke”.
Update - May 9: "We're honored to have @PaulaAbdul and @RonDeShay working on this project with us. We can't wait to show you everything we have to offer, stay tuned!!"
Update - May 11: "Dear Valiant Eagle Inc. [OTC PSRU] Stakeholders. After months of arduous development, our Fungy NFT Marketplace is complete. We have deployed it to our server and established a beta test team to confirm the functionality of different components of the site. We will announce an official launch date this month. $PSRU" ---------------------------------------------------------------- Key Points from the XMG / ABA Deal PR dated August 31, 2021
This was a huge additional, unexpected, line of development.
XMG will market and provide the following:
- Streaming channels for ABA teams.
- Related apps for each team.
- Content in addition to teams proprietary content.
- Marketing and advertising collateral to secure advertisers.
- Introductions to corporate advertisers that it has associations with.
- Video production, structure, and systems for teams to stream games on their channels.
- Ability to stream channels on team's website.
Note that ABA in this context doesn't just mean the ABA Canada which is a $PSRU company but also all other ABA teams - including those in the established USA-based league. ------------------------------------------------------- Key Points - USCIS EB-5 Immigrant Investment Program
$PSRU will be using the EB-5 Program to raise around $50M initially and - if it gets approved as a Regional Center - will also be able to set up further schemes for additional acquisitions and projects itself.
The Federal run EB-5 Progam has been hugely successful in attracting foreign investors with a guaranteed path to US Citizenship in return for creating 10 x US jobs.
There are 10,000 visa slots a year.
There are not enough EB-5 schemes offered to meet the demand and the 10,000 limit is always slightly undersubscribed. Any EB-5 offering is usually "sold out" very quickly.
The EB-5 Reform and Integrity Act of 2022 signed on March 10, 2022 recently resurrected the EB-5 Regional Center Program - in limbo since June 30, 2021 - until September 30, 2027 with a minimum standard investment of $1.050M or $800K in a Targeted Employment Area (TEA). We can therefore now expect updates ahead on $PSRU's application to become a Regional Center.
Outstanding Shares: 1,482,468,251 [on August 6 had been up 322M in 104 days - then no change to August 30 - then up 43.5M on August 31 - then no change in 13 days - then up 248.5M in the next 12 days - then up 85M in 5 days - then up only 78.75M in 30 days - then up 190.875M in 27 days - then no change in 88 days - then up 130M in 34 days February 21 - March 26 - no change March 27 - May 13]
Restricted: 40,101,702 [down 25M in last 41 days to August 6 - back to figure it was 104 days ago prior to that - then no change in last 282 days]
Unrestricted: 1,442,366,549 [up 201M in 104 days to August 6 - no change to August 30 - then up 43.5M on August 31 - then no change in 13 days - then up 248.5M in 12 days - then up 85 in 5 days - then up only 78.75M in 30 days - then up 190.875M in 27 days - then no change in 88 days - then up 130M in 34 days February 21 - March 26 - no change March 27 - May 13]
Note 1: It is only the Unrestricted O/S count that is relevant to immediate trading.
Note 2: Relatively low Unrestricted Outstanding Shares count of only 1.44B - hence why it so thin to the upside for a stock in the .0015 > .15 price range.
Note 3: The Unrestricted Outstanding Shares count increased by 150M during the period March 1 - April 11 and then only 27M in the next 13 days. However, this increase was not that significant to repeat top traders of $PSRU since 805M shares were traded during the same period - including over 322M on the big surge day [March 29] .0135 > .0298 - 120%.
Note 4: The Unrestricted Outstanding Shares count increased by 121M in the next 63 days to June 26. 210M shares were traded during the same period.
Note 5: The Unrestricted Outstanding Shares count increased by 201M in the next 41 days to August 6 [including 25M that became de-Restricted]. 273M shares were traded during this period.
Note 6: There was no change to the Unrestricted Outstanding Shares count August 6 to August 30.
Note 7: The Unrestricted Outstanding Shares count increased by 43.5M on August 31 - the first increase in 25 days. This increase was not significant to the top traders of $PSRU as 538M shares were traded during the same period including over 320M on the big surge day [August 31] .0038 (available August 30) > .0079 - 108%.
Note 8: There was no increase to the Unrestricted Outstanding Shares count September 1-13.
Note 9: The Unrestricted Outstanding Shares count increased by 248.5M September 14-25. This increase was not significant to the top traders of $PSRU as over 2,753M shares were traded during the same period including over 1,157M on the big surge day [September 14] when it ran from .0033 > .0123 - 272%. It was also noted that there were many shares changing hands from legacy debt holders to what looked like pre-arranged institutional level buyers up to $60K per transaction. On September 24 there was a $121.5K transaction [15M at .0081] above the ask at the time.
Note 10. The Unrestricted Outstanding Shares count increased by 85M September 26-30. This increase was not significant to the top traders of $PSRU as over 448M shares were traded during the same period including 102M on September 28 and 169M on September 29.
Note 11. The Unrestricted Outstanding Shares count increased by only 78.75M October 1-30. This increase was not significant to the top traders of $PSRU as over 883M shares were traded during the same period including 77M on October 1 and 225M on October 4.
Note 12: The Unrestricted Outstanding Shares count increased by 190.875M October 31 - November 26. This increase was not significant to the top traders of $PSRU as over 1,125M were traded during the same period including over 266M on November 1 alone.
Note 13: The Unrestricted Outstanding Shares count increased by 130M February 21 - March 26. This increase was not significant to the top traders of $PSRU as over 204M shares were traded during the same period including over 37M + 27M + 20M + 17M + 16M on just 5 of the 34 days concerned.
Note 14: There has now been no change in the last 48 days.
Note 15: The company will be using the non-dilutive EB-5 Immigrant Investor Program to raise $50M rapidly for its current projects and intends to become a USCIS Regional Center to set up further EB-5 schemes for any future acquisitions. The EB-5 Reform and Integrity Act of 2022 signed on March 10, 2022 recently resurrected the EB-5 Regional Center Program - in limbo since June 30, 2021 - until September 30, 2027. -------------------------------- Upgraded to OTC Pink Current. --------------------------------------------- Key Points from 2021 Annual Report filed March 23, 2022
As at December 31, 2021 compared to December 31, 2020:
Current Assets: $13,790,017 - up 2% from $13,519,500
Other Assets: $15,989,500 - up 23% from $13,004,500
Total Assets: $29,779,517 - up 12% from $26,524,000
Total Liabilities: $1,953,573 - down 93% from $28,841,437
Stockholders' Equity: $29,779,517 - up $32,096,954 from ($2,317,437)
Net Operating Gain (Loss): $343,037 - up $1,254,261 from ($911,224)
Debt Settlement: $26,316,759 vs ($200,000)
Net Income: $26,659,796 vs ($1,111,224)
Retained Earnings At End of Period: $10,825,701 vs ($15,834,095)
Cash At End Of Period: $328,017 vs $57,500 ----------------------------------------------------------- Runs Since March 2020
2020
.0460 (April 29) > .1289 (May 5) - 180%
.1289 (May 5) > .4257 (May 6) - 230%
.075 > .195 on August 3 - 160%
.062 > .1188 on August 5 - 92%
.0123 (previous close) > .1125 on September 29 - 814%
.0452 > .1150 on October 1 - 154%
.0233 > .0544 on October 20 (in a few minutes) - 133%
.0180 (previous close) > .0224 on December 17 - 25%
2021
.0163 (previous close) > .0278 on January 7 - 71%
.0168 (previous close) > .0238 on January 20 - 42%
.0224 (previous close) > .0440 on January 25 - 97%
.0270 (previous close) > .0510 on February 1 - 89%
.0220 (previous close) > .0300 on February 23 - 36%
.0235 (previous close) > .0290 on February 24 - 23%
.0186 (previous close) > .0220 on March 8 - 18%
.0184 > .0232 on March 10 - 26%
.0144 > .0174 on March 16 - 21%
.0160 > .0193 on March 17 - 21%
.0140 (previous close) > .0184 on March 23 - 31%
.0135 > .0298 on March 29 - 120%
.0121 > .0155 on March 31 - 29%
.0109 > .0132 on April 7 - 21%
.0090 [previous close] > .0112 on May 6 - 24%
.0071 [previous close] > .0090 on June 2 - 27%
.0038 [available August 30] > .0079 on August 31 - 108%
.0033 > .0123 on September 14 - 272%
.0070 > .0138 on September 22 - 97%
.0110 [paint down at open] > .0149 on September 23 - 35%
2022
Started breakout from bottom on May 3, 2022
.0011 (ask) > .0015 on May 2 - 36%
$PSRU was already a $6-figure profit earner in 2021 for some of the top OTC market traders of it before September 14. More traders would have gone in that category on the next run on September 23.
$PSRU closed out 2021 as the #2 Top Profit Earner on my Watch List due to its repeat large runs.
$PSRU will remain a Top Profit Pick throughout 2022 for the self-evident reasons in this DD.
We can expect more significant buys across holdback attempt asks at any time by traders of $PSRU taking it back up into the .0200 > .1000+ range in minutes again on a repeat basis throughout 2022 as multiple EB-5, ABA, XMG streaming, film, Ambush Karaoke and NFT developments play out over the coming days, weeks and months. ---------------------------------------- $PSRU Investor Factsheet Document