Replies to post #18705 on Fyntechnical Innovations Inc (FYNN)

[oldstocks]

You mean $30M valuation thing. SMC grants Genesis the right to acquire a 10% equity interest in SMC for the sum of $3,000,000 by issuing 300,000 Series B Preferred Shares of SMC to Genesis (on a fully diluted basis); giving SMC a valuation of $30 million post completion of SMC's recently announced Letter of Intent to acquire AI-enabled wealth management technology platform provider, Fyniti Global Equities EBT Inc. ("Fyniti");
SMC receives $300,000 from Genesis; $50,000 upon Agreement execution and $250,000 within sixty (60) days thereafter;

[oldstocks]

SMC and Genesis will execute a distribution agreement ("Distribution" Agreement") whereby Genesis will market, promote, and distribute SMC's Fintech products on exclusive basis in the Australian market. As an inducement for signing the Distribution Agreement.

This is easier to understand now than it was when the news came out about the Distribution Agreement.
This is all coming together.
SMC gets $3M
Genesis markets Fyniti products in Australia.
SMC gets revenues!!!!!!!
That is just Australia. How many countries outside of the USA and Australia can Fyniti sell too?
This is the key to kick start SMCE valuation.
From what i read or heard Fyniti has revenues of $5M or more. This we will have to see in the future quarterly reports.