SMC Entertainment Inc (PK) (SMCE) ニュース

Shorts? Hombre a grave yard has more life in it than this load of PR.

I don't understand why it keeps going lower?  Shorts?

10Q has been dropped for those questioning about the debts, etc!!!!
https://www.otcmarkets.com/filing/html?id=17984930&guid=4uY-ke82wLvrh3h

And this is an audited company as well. You and myself are 2 as well waiting for some fools in here to get eggs on their faces

You're going to be very wrong. Once the name change happens, they are going to have revenues.

You know why I know this is not a scam? They have a real product that has revenue (it will be reported) and there is no heavy dilution going on. Scammers dilute.

I can't wait to see egg on your face.

You are not reading the financials. I think if you focus on such and the PRs, you will understand more the process this company is going through

The financials look horrible. Where's the $25 million in assets?  Where's all the revenue?  $8 million in losses. What a scam 

Hombre, ya know that the gang running this show ain’t got it in their breeches to get anything done of what they say they can.

You gotta stop watching too many Mexican soap-operas man. 😂

You said the same about Chaintrader AI too. Chill

Muchacho, you sound like you been manually stimulating way too many horses. 

Haw-haw Hombre, you know that Bateau is a steamin’ pile cuz you and your gang of Snollygosters cobbled the scam together.

Alright delay will be then NT-10-Q in

https://www.otcmarkets.com/filing/html?id=17979345&guid=jsY-kHcQEEJpJth



The Company was unable to compile the necessary financial information required to prepare a complete filing. Thus, the Company would be unable to file the quarterly report in a timely manner without unreasonable effort or expense. The Company expects to file within the extension period.

Good question… I think both outcomes are balanced equally. The delay is potentially seen to be happening more then …..


Crossing fingers

Don't worry as soon as I hit the sell button this thing will take off...I'm being bogged

I wonder if we’ll get 3rd quarter filings or late filing notice.

I spoke about it and they planned to acquire such for double amount Blum got it for. We got this on a bargain. Back then was a LOI in 2023. Whale you are get worse and worse on DD over time. Very lame mate. You are sooo behind. This is not for you anymore. Go out and do something else. Get out of that basement and get some fresh air

That was an LOI from 2023. LOL
https://financialit.net/news/fund-management/gologiq-acquire-boutique-investment-manager-bateau-asset-management-providing

Over at GOLQ they claim a deal with Gammeray that Bateau is being acquired by them.

Sadly, that is true. I was only trying to rebut another post on this board that said, "$SMCE in the 8-K it stated no reverse split."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175361935

There's never any guarantees in the OTC.

I wish it was true that SMCE guaranteed there would be no reverse split. But unfortunately, the recent 8-K does not do so.

There is no specific statement in the recent 8-K prohibiting a reverse split of common shares.

I searched the entire 8-K document on Edgar and found the word "split" only once. It can be found in Exhibit C of the Acquisition Agreement which states the following: The shares of Series C Preferred Stock shall not be affected by or subject to adjustment following any change to the amount of authorized shares of Common Stock or the amount of Common Stock issued and outstanding caused by any split or consolidation of the corporation's Common Stock. https://www.sec.gov/ix?doc=/Archives/edgar/data/1497230/000165495424014018/smc_8k.htm

You have to click on this part in the link above to get to the wording quoted above: 10.1 Acquisition Agreement with Bateau Asset Management Pty, Ltd dated November 2, 2024

Correct, also it would make sense to stay away from R/S. Specially on this recent deal with common shares… This is one of the few OTC companies that I am certain R/S is far away from the table

$SMCE in the 8-K it stated no reverse split.

In 2yrs would be insane growth. Hope we see it.

For that to happen, we need to bypass the FINRA’s milestone. Once it is thing of the past: KABOOM

That sounds good! 

LCJR

To reach $1 per share in the next 12 to 24 months, it should start going up now—first to a penny, then to 5 cents, then 10 cents, and then 25 cents and then 50 cents and then $$

12-24 months is definitely a long term hold, but hopefully it starts moving soon to keep people interested. 

LCJR

It seems that way but the interesting part is the 12-24 months window as well. It seems Blum understand we should be at the dollar land within that time frame

Stuart Haley:
Stuart Haley
Managing Director
Stuart Haley is a veteran of technical business operations, with over twenty years of relevant experience in transforming and running mission-critical services. Stuart brings a wealth of international experience, having worked in a range of cultures across North America, Europe and APAC. He has held senior leadership and strategy consulting roles in a variety of organisations and sectors. Stuart has a clear focus on operational effectiveness through strong Corporate Governance and is well versed in both implementing systems and improving commercial performance. https://www.bateauam.com.au/business-management

Bateau Asset Management

https://www.bateauam.com.au/
Bateau Asset Management is a boutique investment manager founded in 2016, an Australian investment management company with an absolute-return investment philosophy and a multi-manager approach to investing.

?Bateau Asset Management focuses on its clients and on delivering consistent investment returns in-line with its stated objectives.

? https://www.bateauam.com.au/aboutBateau Asset Management’s commitment to investors includes:

prioritising risk adjusted investment returns,

a focus is on achieving absolute returns through the economic and financial market cycles,

providing regular, clear investor communications, and

being transparent in all aspects of its business https://www.bateauam.com.au/about

My mistake. Your numbers are correct.
Sorry.

So they can't convert $2 million until $SMCE trades at $1, right?

Don’t say I didn’t tell you so. I hope you have learned something from our interaction:


Under the terms of the Acquisition Agreement, the Company will purchase Bateau Equity exchange for the issuance to Bateau of 14,000,000 shares of the Company’s Series C Preferred Stock and two convertible promissory notes, each in the principal amount of $1,000,000 (the “Notes”), carrying 5% interest, which are convertible into shares of the Company’s Common Stock at $1 per share. The closing of the Acquisition is pending the completion of customary due diligence by both parties, which is expected to be completed within 10 days.

And you don’t need to be an expert in finances, just study your CEO track, moves, history behavior. That’s all you need to know what’s next

PROMISSORY NOTES

$1,000,000 Promissory Note for 24 Months issued to Stuart Haley

$1,000,000 Promissory Note for 12 Months issued to Stuart Haley

KABOOM: Comrades, check what BLUM is doing to the $2M convertible NOTES… I am adding more NEXT WEEK.

https://www.otcmarkets.com/filing/html?id=17953931&guid=g-Y-kHnONOUnChh

Today: Buy/Sell Ratio
Buy: 3,350,601Neutral: 1,876,784Sell: 873,700

Here are the final numbers for today's trading:

Buy: 2,235,122 Neutral: 29,262 Sell: 0 https://ih.advfn.com/stock-market/USOTC/smc-entertainment-pk-SMCE/trades

I dont assume or speculate like you do. I follow closely the CEOs of companies I do invest with. You don’t need to be a skyrocket student to find out from a CEO that has been avoiding for several months, shareholders being diluted, washed out as normally you see in OTCM. This guy isn’t exposing shareholder’s interest at all and every deal he does is locked in preferred shares. Now this new deal with the $2M in common, I can guarantee you, based on the trajectory of Blum, he will place such in a lock deal for a 2-3 years safety net. If he does like you have been implying, all his efforts since months ago will be flushed out in the toilet in one day. Not a thing. This is not speculation mate, I am talking to you with data and his previous fillings that display the pathway this CEO has been taking. It is called business analytics

You are free to check his previous fillings as well. If you know how to read them, you will agree that it is nonsense to release those $2M at current price range. He would automatically destroy himself on this. Also, he hasn’t increased his OS/AS for this Billion of shares you are talking about. Can’t wait for the next filling

You presume, assume and speculate, without specifics on the details. Haven't seen a convertible yet that didn't result in a massive dilution pollution. The action since the news is quite telling here. Time will tell when but trips are inevitable..

In this case:

Total asset worth = $15 million
Total number of shares = 1.5 billion
Share Price = $15 million
---------------
1.5 billion OS
So, the company's share price would be $0.01 per share.

$SMCE NO DILUTION

Outstanding Shares
1,352,951,483 11/06/2024
Restricted
701,264,015 11/06/2024
Unrestricted
651,687,468 11/06/2024

Still speaking nonsense, current range?? $2,000,000 in convertible promissory notes, will be given, not at current PPS. I am certain Blum will lock it under certain conditions met: $1 PPS or 2-3 years locked. Of course, it will be up to such entity to sell before due time if deem so but by then, I won’t be around to find out. Nothing new in here, NEXT on line, please…

Learn how to do DD. This new acquisition is worth over $15Millions!!! For them to be capable to fulfill the total capital, SMCE, somehow, must be, at least, wayy beyond $0.25 and by the time it reach there, we will be probably long gone. Similarly with Chaintrader lock shares, $1 PPS. Diamond hands

Wait for fillings to find out on details before you go ahead of yourself. Blum isn’t an idiot, he would never give 1B shares on the common side. So much effort protecting us to end up doing this nonsense

Sell volume ZERO today (so far), according to iHub trade data:

Buy: 1,985,000 Neutral: 25,746 Sell: 0 https://ih.advfn.com/stock-market/USOTC/smc-entertainment-pk-SMCE/trades

Nonsense? 2 million convertible at current range is over 1 billion dilution. How are trips and r s not in play here?
Educate me...

Point out where I'm wrong. Tia

I totally agree with you on this. Anyways, he will soon realize that investors I. FYNN are quite smart and won’t fall for his nonsense

Thanks gosh is only your speculatively take and nothing else

You might want to rethink that. Try planting seeds of doubt somewhere else. 

LCJR

$1 per share is written based on the 8k