shoondale
1週前
From the most recent filing, the annual report from 4 weeks ago:
https://www.otcmarkets.com/otcapi/company/financial-report/422311/content
B. Please list any subsidiaries, parent company, or affiliated companies.
The issuer has one subsidiary, Marketing Worldwide Media, LLC.
C. Describe the issuers’ principal products or services.
Media productions and programming.
On February 28, 2023, the Company completed the acquisition of Wyoming-based Marketing Worldwide Media LLC ('MWML'), which becomes a whollyowned subsidiary. The consideration paid was the issuance of 400,000 shares of Series E Preferred Stock, which convert into 40,000,000 shares of common
stock. The management also shares in 35% of future profits. As part of this transaction, the Company retains the services of Robert Blagman, who ha over 30
years of experience in network sales, communications and management. The expectation is that MWML will generate revenues from ad sales aired on any
number of networks contracted.
On March 15, 2023, the Company announced that it was starting the process of developing a live late night televisions series titled 'Hollywood After Dark'. InLive
TV for Hollywood After Dark the company isinvesting resources and time into possible PPV Events
Marketing Worldwide Media, LLC
On February 28, 2023, the Company acquired Marketing Worldwide Media LLC ('MWWM') in exchange for 400,000 shares of Series E Preferred Stock, with
a par value of $0.025, for a transaction price of $10,000. The Company had no assets or liabilities at the time of acquisition, so the entire acquisition price was
allocated to goodwill.
surfkast
2週前
The fins do list MWWC. But there is no injvestments or any assets listed in the financials. Investments are capitalized costs and are subject to IRS reporting. So are expenses they claim are being incurred such as set designs, payments to producer, fees to other contractors and so forth.
They do list a nominal amount of $10,000 under Goodwill for MWWC.
Finally under thr following. There is nothing!
NOTE12. SUBSEQUENT EVENTS
The Company believes there are no significant events to reportsubsequent to December 31, 2024.
B. Please list any subsidiaries, parent company, or affiliated companies.
The issuer has one subsidiary, Marketing Worldwide Media, LLC.
Marketing Worldwide Media, LLC
On February 28, 2023, the Company acquired Marketing Worldwide Media LLC ('MWWM') in exchange for 400,000 shares of Series E Preferred Stock, with
a par value of $0.025, for a transaction price of $10,000. The Company had no assets or liabilities at the time of acquisition, so the entire acquisition price was
allocated to goodwill.
ITYS
3週前
By "Rookies" you don't mean SEC ?
If a company hasn't notified shareholders about using a specific social media platform for disclosures, and the posts come from an individual's account rather than an official company channel, this could raise concerns under SEC regulations, particularly Regulation Fair Disclosure (Reg FD).
Reg FD requires that material, nonpublic information be disclosed in a way that ensures broad and non-exclusive access to the public. If an individual with access to company information shares material details on their personal account without prior notice to investors, this could be considered selective disclosure, which is a violation of Reg FD. The SEC has clarified that even personal social media accounts can fall under scrutiny if they are used to share company-related information.
For example, in a past case involving Netflix, the SEC investigated a situation where the CEO shared key company metrics on his personal Facebook page without prior notice to investors. The SEC emphasized that companies must alert investors if personal accounts will be used for such disclosures.