- Link to PR dated June 21, 2022 - Subsidiary ABA Canada Inc, Closes In On Recruiting High Level Executives From The NBA.
- Update to Key Point EB-5 Scheme section June 25 - "Court Rules That EB-5 Regional Center Program is Now Open: EB-5 Investors Can Immediately Invest $800K and File I-526 Starting Monday, June 27, 2022". ---------------------------------------------------------------------------------------------- $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 Opportunity Knocks TV (OKTV) 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"
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"
News - February 23. American Basketball Association Canada Inc, A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Now Accepts Market Reservations.
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.
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 June 7: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, With respect to The Wild Geese movie project, our representatives are in talks with a Greek billionaire to finance the project, a famous British director and an A-list Hollywood Actor that stars in numerous action films $PSRU"
Update: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, Finally, our Fungy NFT Marketplace is ready to launch. Once our backup server operational then it will be open to the public contemporaneously with a massive marketing campaign. You are cordially invited! $PSRU"
Update - June 16:
"Dear Valiant Eagle Inc. [OTC PSRU] Shareholders, We are looking to raise funds via Reg A. Pursuant to my interview on America’s Next Investment, I fully intend on a massive buyback of shares ONCE our projects reach their full potential allowing for substantial cash flow. $PSRU"
"As previously stated, there will be no reverse split in the foreseeable future. $PSRU"
News - June 21: American Basketball Association Canada Inc., A Valiant Eagle Inc. [OTC PSRU] Subsidiary, Closes In On Recruiting High Level Executives From The NBA.
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.
Update - June 25 [from partner EB5AN]: "BREAKING NEWS: Court Rules That EB-5 Regional Center Program is Now Open: EB-5 Investors Can Immediately Invest $800K and File I-526 Starting Monday, June 27, 2022.
View Our Full Analysis Update and the Judge's Court Order Here:
Acquired the following iconic 12 x movies - including remake rights - which increased asset value of $PSRU by $42,647,892:
Adios Amigos (1976) Adventures of Huckleberry Finn (1953) Black Brigade (1970) Bloody Wednesday (1985) Callie and Son (1981) Fists of Fury (1971) Ginger in the Morning (1974) Great American Tragedy (1972) Gulliver’s Travels (1939) Nuclear Run (1980) Revenge of Doctor X (1970) Swamp Thing (1982) -------------------------------------------------- Public Offering
Public Offering Exit Report SEC Form 1-Z Filed June 3, 2022
Public Offering - that was opened June 10, 2021 - terminated after bringing in $2.65M net.
Current Public Offering opened June 14, 2022.
There has been no change - and hence no dilution - to the Share Structure for the last 99 days.
Those that bought via the Public Offering have a vested interest to run up to .01>.04+ range as seen in 2021. ----------------------------------------------------------------------------------- Share Structure - Updated July 2, 2022 - No Change In 99 Days
Transfer Agent Verified
No change - again no dilution.
Authorized Shares:5,000,000,000 [no change]
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 - July 2]
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 333 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 - July 2]
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 .0009 > .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 99 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.In the interim, there is an ongoing Public Ofrfering but with a share buyback ahead and no reverse split - both confimed as intended June 16, 2022. A court ruling announced June 25, 2022 stated that the EB-5 Regional Center Program would be open for investments of $800K and filing of I-526 from June 27, 2022. ------------------------------------------------------------------- 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 ------------------------------------------------------------------------------------ Key Points - 2022 Q1 Report Filed June 7, 2022
March 31, 2022 compared to December 31, 2021:
Total Assets: $61,602,872 - up 106% from $29,779,517
March 31, 2022 compared to March 31, 2021:
Revenue: $2,687,543 - up 146.5% from $1,090,000
Operating Expenses: $1,800,163 vs $981,600
Net Operating Profit: $887,380 - up 718.6% from $108,400
Retained Earnings at End of Period: $11,713,081 - up 10.6% from $10,591,064
Acquired the following iconic 12 x movies - including remake rights - which increased asset value of $PSRU by $42,647,892.
No convertible notes issued since September 1, 2021.
.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%
.0013 (previous close) > .0018 on June 7 - 28%
$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 and into 2023 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 and 2023 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