News Hub | News Direct

Fah Mai Holdings' UK head says market pullback is an opportunity for buyers

Fah Mai Holdings Group Inc

Fah Mai Holdings Group Inc (OTC:FMHG) UK head and manager of Whisky Bull Auctions Jacob Carter discussed trends in the whisky auction market with Proactive's Stephen Gunnion. Carter noted that over the first three months of 2024, there has been a stabilisation in Scotch whisky prices, while Japanese whisky continues to experience a decline from its peak in April 2022. The bottle market is anticipated to improve and return to its former prominence by September 2024, offering bottle traders more market flexibility compared to cask trading, which requires a longer investment period. Carter said a recent market pullback has created opportunities to purchase rare bottles at lower prices, potentially leading to profits as the market recovers. In line with Fah Mai Holdings' approach, he highlighted Whisky Bull Auctions' policy of transparency and honesty in market dealings to prevent investors and collectors from overpaying or getting stuck with unsellable items. Reflecting on the past 12 months, Carter noted significant fluctuations in auction prices for rare whiskies, with some notable declines in value but an overall slow recovery in prices. He emphasised the importance of honesty and education in the whisky investment and collecting community. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 11, 2024 06:54 AM Eastern Daylight Time

Video

Financial Gravity Announces Appointment of Financial Services Industry Veteran Michael French as Executive Vice President (EVP)

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (OTC: FGCO), a leading provider of innovative financial services solutions, is excited to announce the appointment of Financial Services Industry Veteran Michael French as its new Executive Vice President (EVP). As EVP, Michael will ensure that our advisors and Family Office Directors are equipped to serve their clients successfully in his new role at Financial Gravity. His experience, mentorship, and training will be invaluable. In his prior role, Michael led the investments team at an RIA in Austin, TX. He implemented quantitative-driven portfolio strategies and efficiencies within the investments team and the firm during his tenure. He was also the primary "Investment voice" to the firm's advisors and highest-net-worth clients. Additionally, Michael was responsible for leading both internal training sessions and external presentations. Prior to that role, Michael was the Chief Investment Officer at an RIA in the DFW area. In addition to portfolio creation and maintenance, he was responsible for creating and maintaining a proprietary liability-driven investment solution that automated the creation of investment allocations for clients throughout their retirement journey. In his 30+ year career, Michael has worked under Nobel Laureates and in various financial services capacities around the globe. Michael shared, "I am thrilled to be joining Financial Gravity at such a pivotal time in the company's growth and am excited to be working with a team that shares my passion for finding quantifiable ways to improve client outcomes and bring the family office experience to the mass-affluent market. In my experience, most advisors want to serve clients well but fall short because they are not able to find a platform that allows them to meet certain challenges. The opportunity to solve these challenges and remove these obstacles so that advisors, and ultimately clients, can be successful is a huge motivation. I am confident that my experience will be instrumental in helping Financial Gravity achieve its ambitious goals.” “We are delighted to welcome Michael to the Financial Gravity team,” said Scott Winters, Financial Gravity's CEO. "Michael's proven track record of success in the financial services industry and his deep understanding of the market will be invaluable assets to our company. His appointment underscores our commitment to building a world-class team that can deliver exceptional value to our clients.” Financial Gravity is committed to continuing its growth and success in the financial services industry. We are confident that this increase in assets under management will allow us to better serve our clients and provide them with the high-quality financial services they have come to expect from us. For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

April 11, 2024 06:00 AM Eastern Daylight Time

News Release

Bitget Innovation Zone Adds AI-based Masa Network (MASA) to its Spot Offerings

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, The Innovation Zone now features the listing of Masa Network's native token, MASA, on Spot. Deposits and trading for MASA tokens have commenced, with withdrawals becoming accessible 24 hours after the listing. Masa is looking to build the largest decentralized AI data and LLM network in the world. According to the team users can own, share, and earn from their data and compute to power AI applications. The platform is building an open, incentivized, and private-by-default AI economy. The team states that users own, manage, and monetize personal data, and AI applications are powered by billions of consented users. Masa Network is a two-sided data marketplace that connects data suppliers (users) with data consumers (developers). On the Data Supply side, users contribute and process data to earn rewards. On the Data Demand side, developers leverage Masa's data to build decentralized AI applications. Bitget users can now trade and transact with AI tokens such as MASA with flexible trading features and Bitget Wallet ecosystem. The platform aims to offer a seamless trading experience for its users and continues to innovate and add new features to its platform. Bitget is expanding its product offerings beyond derivatives. Bitget is also listing promising coins in its revamped Innovation Zones on Bitget Spot, aiming to provide users with access to the most trending sectors such as BRC20, SocialFi, GameFi, AI and more. Bitget lists high potential tokens in its innovation zone for spot trading. This provides improved accessibility to emerging DeFi ecosystems. The inclusion of MASA in Bitget's spot helps users engage in the initial launch phases of the trending tokens. Previously under the Innovation zone Bitget has listed high potential Artificial Intelligence-based projects such as Fetch.AI (FET), SingularityNet (AGIX), Render Network (RNDR) and more. Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to participate in popular and valuable projects, the platform is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs, including BTC, ETH, SOL and more. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets. For further details on MASA users can visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

April 11, 2024 05:55 AM Eastern Daylight Time

News Release

Bitget Wallet Unveils $200,000 Meme Coin Fiesta Following Its Meme Coin Launch

Bitget

Bitget Wallet, at the forefront of the Web3 wallet landscape, has recently unveiled a meme coin-themed event, showcasing a substantial prize pool of $200,000. This move comes on the heels of the successful launch of its meme coin, MOEW, on the Base mainnet. This experimental token launch marked a bold step in Bitget Wallet's journey towards innovation in the meme coin space. The debut of MOEW last week achieved a surge of over 22,000% within just an hour after its launch. At present, MOEW is held by nearly 100,000 wallet addresses, and its total transaction volume has soared past $120 million. This strong performance not only places MOEW as a notable asset on the Base chain but also highlights Bitget Wallet's capability to stimulate noticeable activity and interest throughout the network. In a bid to build on this momentum, Bitget Wallet has rolled out the 'Game of MEME' event, aimed at deepening market engagement with meme coins. The event introduces a massive airdrop prize pool of $200,000, inviting participants to dive into a variety of activities, from trading meme coins on-chain and engaging on social media platform X to creating meme-themed content. The initiative seeks to harness financial incentives to boost participation and engagement, spotlighting the fun and community-centric essence of meme coins. The narrative within the cryptocurrency industry has evolved towards a more community-focused model, with meme coins at the heart of this shift. Emerging as one of the most lucrative areas in the cryptocurrency market, the popularity of meme coins has spread across various networks. Despite the mixed views on the value and logic behind the rapid ascent of meme coins, the sector seems to continue to be a hotbed for creating significant wealth. Alvin Kan, COO of Bitget Wallet, shared his insights on the company's meme coin strategy, saying, "Bitget Wallet is deeply invested in meme coins, viewing them as not just an exciting asset class but also a cultural phenomenon that encapsulates the financialization of attention and community culture. We're keen on journeying with our meme coin enthusiasts, fostering a deeper connection with the community spirit and culture that meme coins embody." Given that the majority of meme coins originate within community forums and decentralized trading platforms, the significance of Web3 wallets in the decentralized ecosystem has never been more apparent. Bitget Wallet is proactively enhancing its support for meme coin transactions by swiftly integrating with major blockchains, adding new meme coins, and offering comprehensive swap transaction support. Through the issuance of meme coins, launching meme-themed events, and developing specialized product features for meme coin transactions, Bitget Wallet is aiming to cement its position as a leader in the realm of meme coin trading. About Bitget Wallet Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, visit: Website | Twitter | Telegram | Discord Contact PR team media@bitget.com Contact Details PR Team media@bitget.com Company Website https://www.bitget.com/

April 11, 2024 05:25 AM Eastern Daylight Time

News Release

4 Stocks For A Decarbonized Future

VVPR, ARRY, ENLT, SMXT

The whole world is on a decarbonization mission amid rising climate change concerns. In fact, the International Energy Agency (IEA) estimates that this year will bring $1.7 trillion worth of investments in deploying renewable energy and other clean-energy technologies—a new all-time high that follows six straight years of increases. Experts have, however, warned that decarbonization will involve more than just electrifying transportation and using more solar and wind-generated energy. It will also take sustainable agricultural practices, low-carbon manufacturing, green construction and other climate-friendly solutions. This has resulted in a surge of deal-making, as illustrated by the fact that venture capital decarbonisation-related deal value topped $433 billion in 2023, according to GlobalData Net Zero by 2050 report. In addition to that, a number of global funds have shown their overwhelming support for the trend. For instance, the Arab Energy Fund has said it plans to invest up to $1 billion over the next five years in decarbonisation technologies in the Middle East and North Africa For a long time, the only way for investors to get exposure to the decarbonization opportunity was through pure-play industrial carbon capture companies, mostly done in private markets, meaning everyday investors are completely shut out. However, we have identified four companies that could provide an alternative way of playing the increasing decarbonization momentum. As mentioned earlier, one crucial part of the effort to achieve net-zero emissions in addition to carbon reduction strategies is the transition to electric vehicles (EVs), which is where VivoPower International PLC (NASDAQ:VVPR) comes in. VVPR’s flagship subsidiary, Tembo, supplies conversion kits containing all the parts needed to convert a vehicle from an internal combustion engine (ICE) to an electric vehicle (EV). These parts include the batteries, an e-motor, a reduction box, a charger, software, and many other components that make the converted vehicle work safely and seamlessly. Over the past year or so, the EV specialist has been one of the major beneficiaries of the EV transition, especially outside the US. Tembo’s conversion kits have seen significant interest from the market, as illustrated by the company securing a commitment of 5000+ kits and an order pipeline of 10,000+ in the first half of 2023. Those included an MOU in Jordan for 1,000 kits, opening a path to the Middle East, which is the largest Landcruiser market, and a definitive agreement in Kenya for 4,000 kits, providing entry into second-hand vehicle segments, which expands the addressable market considerably. That early success in those markets has validated Tembo’s conversion kits as a viable solution to help in the decarbonization process, and investors are taking notice. VivoPower International PLC (NASDAQ:VVPR) recently announced that Tembo had met all the milestones to obtain the final follow-on strategic direct equity investment pursuant to a commitment received in June 2023 from a UAE-based private investment office backed by a member of the ruling Al Maktoum family of Dubai. Under the agreement terms, the investor had the option to increase their cumulative investment in subsequent closings up to $10 million based on milestones that have now all been met. The follow-on financing values Tembo at $120 million, which means the value per share of VVPR should be approximately $40 per share. VivoPower International PLC (NASDAQ:VVPR) will continue to retain its majority stake in Tembo, which appears to be on track to unlocking even more shareholder value. Tembo recently announced it would be going public via a merger with Cactus Acquisition Corp. (CCTS), a NASDAQ-listed SPAC, at an indicative pre-money equity valuation of $838 million. Here’s a quick breakdown of the deal: VivoPower shareholders get 5 Tembo shares worth $10 each for every share held. Tembo will issue a special dividend of $1 per share, which would translate to an additional $5 per share held for VivoPower shareholders. Even if the Tembo share price upon IPO is only $1, this implies a per-share valuation for VVPR of $25, including the value of dividend shares. At the same time, the company has announced that its board has authorized a capital management strategy, including a stock buyback program, that will allow the company to purchase up to $5 million of its outstanding shares. These share buybacks will be funded using the company’s proceeds from the realization of business and asset divestitures, including spin-offs like the Caret business unit’s portfolio. VivoPower International PLC (NASDAQ:VVPR) stock has performed exceptionally considering that over the past week alone, shares of the sustainable energy solutions company have created new 52-week highs and made investors triple-digit returns. Array Technologies (NASDAQ:ARRY) enables renewable energy companies to harness the sun’s power with patented trackers that drive multiple rows of solar panels and track the sun’s rays for efficient energy generation throughout the day. Though it may sound like a niche product, it has a large addressable market, as illustrated by the fact that tracker demand is growing 30%–40% faster than the rest of the solar industry, according to the company’s November 2023 investor presentation. One of the key metrics for the company’s business is the levelized cost of energy (LCOE), and Array claims to deliver the lowest LCOE for its customer base over an expected 30-year life. Another aspect that makes ARRY appealing from an investor viewpoint is that the company looks set to receive a lot of support from the Inflation Reduction Act since almost all of its materials are domestically sourced. Furthermore, the company is also growing its international presence, as shown by its recent partnerships with companies like Aluminum Products Company to support the increasing market for the renewable energy sector in the Middle East. According to its most recent filings, Array Technologies. generated $1.57 billion in revenue in FY 2023, while adjusted earnings per share for the full year came in at $1.13, almost five times higher than the $0.26 per share it reported in 2022. Enlight Renewable Energy (NASDAQ:ENLT) is an independent power producer (IPP) that builds and develops solar and wind power facilities worldwide. While most of its current plants are in Israel and Europe, the company also has several projects nearing completion in the US. According to its filings, the company has a gross installed capacity of 1883 MW, with a pipeline expected to further install 618 MW and 1500 MWh of capacity by the end of 2025. The company recently reported Q3 2023 earnings, revealing that its revenues grew by 3% YoY, reaching $58 million, fueled by new projects and inflation indexation in PPAs. During the period, the company's net income increased by 35% to $26 million, primarily due to a non-cash benefit of $8 million from the mark-to-market of interest rate hedges related to the Atrisco project. The company’s renewable energy projects have gained solid momentum across Europe, with the company revealing that the European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth $101 million for the construction of a new windfarm in Serbia. The EBRD and Erste will provide parallel loans worth $50.5 million each, including the associated debt service reserve facilities that Enlight will use to develop, construct, and operate the 94-megawatt (MW) windfarm. This project was financed under Serbia’s first renewable energy auction for wind capacity, which took place in 2023, and once commissioned, the Pupin windfarm will be able to supply clean, green electricity to more than 40,000 households. SolarMax Technology, Inc. (NASDAQ:SMXT), through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company's US operations primarily consist of the sale and installation of photovoltaic and battery backup systems for residential and commercial customers and the sale of LED systems and services to government and commercial users, while its China operations mainly consist of identifying and procuring solar farm projects for resale to third parties and performing EPC services primarily for solar farm projects. Last month, the company announced the closing of its initial public offering of 4.5 million shares of common stock at an initial public offering price of $4 per share, raising gross proceeds of $18 million. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) owned by RazorPitch Inc. is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by VivoPower International PLC. to produce and distribute content related to VVPR. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

April 11, 2024 05:00 AM Eastern Daylight Time

News Release

Emerging Entertainment Powerhouse? SportsQuest (OTC: SPQS) and Huayi Cinemas Forge AI-Driven Merger

SPQS

In the landscape of penny stocks, one company has recently caught the attention of investors with its ambitious merger plans and strategic partnership in the burgeoning Chinese AI cinema industry. SportsQuest, Inc. (OTC: SPQS) has set its sights on a transformative merger with a leading Chinese AI theatre company, Shenzhen Huayi Excellent Cinemas Co., Ltd. (Huayi), marking a significant move towards reshaping the entertainment sector. Merger Announcement and Strategic Partnership The journey began in February 2024 when SportsQuest announced its intention to merge with Huayi, a pioneering force in the Chinese cinema industry known for its advanced AI technology and innovative approach to cinema management. The merger announcement highlighted Huayi's impressive track record in cinema operations, boasting a capitalization of $100 million in China and a visionary leadership team with over two decades of experience in movies and cultural development projects. The merger process, outlined in a supplemental filing, emphasized the commitment of both parties to ensure a seamless transition, including compliance with merger laws. SPQS expressed its dedication to supporting the merger process and outlined plans for corporate restructuring, including the appointment of new officers and directors and a corporate name change to better reflect its expanded activities. To provide shareholders and followers with comprehensive insights into the strategic partnership, SportsQuest and Huayi launched a new investor relations website, huayicinemas.net. The Huayi Cinemas Advantage Huayi Cinemas, headquartered in Futian District, Shenzhen, Guangdong Province, China, is a trailblazer in the cinema industry, leading the chain operation of movie theaters with its cutting-edge AI technology. Huayi's core competitive advantage lies in its digital intelligent system technology, which drives efficient cinema management through its "Thousands of Cities, Ten Thousands of Cinemas" large-scale model. By accurately managing resources and data traffic, Huayi achieves seamless operations, positioning itself as a visionary leader in the industry. With a commitment to innovation, Huayi offers a diverse range of products and services tailored to enhance the movie-watching experience. Its Huayi Cinema Chain is renowned for high-quality screenings, offering comfortable seating, advanced equipment, and high-quality services. Additionally, Huayi utilizes AI technology to provide personalized services, optimize marketing strategies, and enhance audience engagement. Huayi's innovation extends to its Huayi Cinema Robot, equipped with digital AI intelligent system technology, enabling automated theater operations and enhancing efficiency. Moreover, Huayi Scent Movie represents an innovative form of movie experience, allowing audiences to experience scents corresponding to on-screen scenes, enriching the viewing experience. Currently operating 12 theaters across major Chinese cities, Huayi is poised for further expansion, with plans to acquire 50 cinemas by the end of 2024 and reach 500 cinemas by 2028. With a dedicated workforce of 139 employees, Huayi is committed to advancing the film industry through innovation and technology, reshaping the future of cinema. Formalization of the Merger As the merger progresses, SportsQuest, Inc. (OTC: SPQS) formalized a Special Purpose Vehicle (SPV) to comply with China's regulatory requirements on March 21. The SPV, designed to isolate risk and facilitate non-dilutive investment, represents a crucial step towards realizing the full potential of the merger. With both parties committed to leveraging AI technologies to enhance the cinema experience, the merger promises to deliver innovative solutions and drive market growth. Latest Announcement: SportsQuest, Inc. (OTC: SPQS) announced that the long-anticipated merger with Huaying Online Film Co., Ltd. has entered its final stages, marking a significant milestone in the company's strategic growth plan. This merger will see the incorporation of Huaying Online Film Co., Ltd. under the SportsQuest umbrella, further diversifying the company's portfolio and expanding its presence in the digital entertainment sector. The newly formed subsidiary, Huaying Online Film Co., Ltd., is set to revolutionize the online film industry with its innovative approach and cutting-edge technology. Leveraging SportsQuest's expertise and resources, Huaying Online Film Co., Ltd. aims to deliver unparalleled entertainment experiences to audiences worldwide. As part of the merger agreement, the corporate structure of Huaying Online Film Co., Ltd. has been finalized as follows: President: Jinbiao Wang: Jinbiao Wang brings a wealth of experience and leadership to his role as President of Huaying Online Film Co., Ltd. With a deep understanding of the industry and a proven track record of success, Wang is poised to drive the company towards new heights. Secretary: Lirong Lai: Lirong Lai will serve as Secretary of Huaying Online Film Co., Ltd., overseeing administrative functions and ensuring compliance with regulatory requirements. Lai's attention to detail and organizational skills make her an invaluable asset to the company. Treasurer: Qianjin Qin: Qianjin Qin will assume the role of Treasurer, responsible for managing the company's finances and ensuring fiscal responsibility. With a keen eye for financial strategy, Qin will play a crucial role in guiding Huaying Online Film Co., Ltd. towards sustainable growth. Director: Yiyuan Cao: Yiyuan Cao, a shareholder of 51%, will serve as Director of Huaying Online Film Co., Ltd. With a majority ownership stake, Cao will play a pivotal role in shaping the company's strategic direction and vision for the future. "We are thrilled to announce the finalization of our merger with Huaying Online Film Co., Ltd.," said the spokesperson of SPQS adding, "This strategic partnership represents a significant opportunity for SportsQuest to expand into the AI film industry and deliver innovative entertainment solutions to consumers worldwide. With a strong leadership team in place, we are confident that Huaying Online Film Co., Ltd. will achieve great success under the SportsQuest umbrella." The merger with Huaying Online Film Co., Ltd. is subject to customary closing terms. Upon completion of the merger, SPQS will provide further updates regarding the integration of Huaying Online Film Co., Ltd. into its operations. Conclusion The merger between SportsQuest, Inc. (OTC: SPQS) and Huaying Online Film Co., Ltd. heralds a new chapter for the company, with potential for promising innovation and growth in the rapidly evolving landscape of AI-driven cinema experiences. Investors keen on tapping into the evolving landscape of AI-driven entertainment may find SportsQuest, Inc. an intriguing prospect in the penny stock market. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by a third party to assist in the production and distribution of content related to SPQS. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://razorpitch.com

April 11, 2024 05:00 AM Eastern Daylight Time

Gear Up for Bitcoin Halving! HTX Offers $200,000 USDT in Spring Affiliate Futures Team Contest #3

HTX

With Bitcoin's halving event approaching (less than 10 days away!), the cryptocurrency market is buzzing with opportunity despite a general downturn. On April 2 Bitcoin experienced a 5.64% drop within 20 minutes, falling below $67,000 from $69,000. Ethereum also dipped below $3,400, hitting a 6.91% decline over 24 hours. Additionally, BNB, SOL, and AVAX witnessed drops of 7.0%, 9.1%, and 10.8% respectively. In the fierce battle between longs and shorts in the cryptocurrency market, there emerges a realm of opportunities in futures trading. To capitalize on this, HTX has launched the 3rd round of the Spring Affiliate Futures Team Contest, offering futures trading experts a chance to share a $200,000 USDT prize pool. According to HTX's official announcement, the contest takes place from 12:00 (UTC) on April 8 to 15:59 (UTC) on April 30, 2024. HTX Affiliates can invite their friends to team up for this event and share the amazing prize pool. During the event, each participating Affiliate can win up to 45,000 USDT in rewards by referring five or more futures traders, provided that these traders' total net futures trading fees achieve 1,000 USDT or more. This event is only open to Affiliates. Affiliates' partners are not allowed to participate in this contest independently. They must join their Affiliates' teams for this contest. Users need to visit the event page and click Register Now to participate. The event offers a total prize pool of 200,000 USDT. Rewards, distributed in USDT, will be credited to winners' HTX accounts within 14 working days after the end of the event. Each Affiliate can share the prize pool only once and receive rewards based on the highest tier of their team's net futures trading fees reached. See below for reward details: HTX Spring Affiliate Futures Team Contest is one of the series of trading events introduced by HTX, aiming to provide users with a fresh and engaging experience. Moreover, the contest emphasizes the prowess of teamwork, encouraging Affiliates to invite their friends with superior trading skills and build elite teams to excel in the leaderboard. HTX sincerely invites global futures trading experts to join the trading feast. While continuing to provide a secure and diverse trading experience, HTX is committed to offering new opportunities for wealth growth to users worldwide. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 11, 2024 02:05 AM Eastern Daylight Time

Image

TRON x HTX DAO Hong Kong Meetup 2024: Building a Metaverse Free Port in Hong Kong

HTX

On April 9, the "TRON x HTX DAO: Hong Kong Meetup 2024" event, hosted by TRON and co-organized by HTX DAO, took place in Hong Kong with great success. This bustling event brought together the brightest minds of the HTX DAO ecosystem: project leaders, committee members, and influential KOLs. Their energy was palpable as they delivered speeches delving into the future of HTX DAO and the ever-changing crypto landscape. TRON founder Justin Sun took center stage via a video, outlining the exciting developments within the TRON ecosystem and HTX DAO's commitment to decentralization. Sun emphasized the mission: leveraging blockchain technology to build a borderless financial system, empowering billions of unbanked individuals worldwide. This dedication is reflected in TRON's impressive statistics: over 220 million registered accounts, 7.4 billion transactions facilitated, a whopping $23.5 billion in total value locked, and over $11 trillion in total transaction value, ranking second to Ethereum among global public chains. Meanwhile, HTX DAO is forging its own path. Having recently concluded its inaugural People Committee election, HTX DAO established strategic partnerships with over 30 parties, such as projects, institutions, and exchanges. This collaborative approach gathers diverse expertise and influence within the blockchain sphere, shaping a new model for decentralized ecosystem governance. Justin Sun wasn't just looking back; he cast his vision towards the future of crypto. He highlighted the recent crypto spotlights, including the approval of spot Bitcoin ETFs and innovations in Layer 2 and Web3. These advancements, he argued, are attracting traditional finance and fueling a bullish market across cryptocurrencies, anticipating Bitcoin to hit an all-time high of $160,000 to $200,000 post-halving. Sun emphasized the critical question in the bull cycle: how can communities and teams thrive in the next decade? He believes the answer lies in decentralization and community-driven governance. Sun sees these elements as essential for fostering transparency, fairness, and collective decision-making within crypto projects. This focus on community aligns perfectly with his long-held vision for the blockchain industry – a vision where he started in this realm. Besides technological development, Sun stressed the need for a cultural shift within the crypto industry, advocating for a strong foundation of communities built on transparency, fairness, and user autonomy. This community-centric approach, he believes, will be the true driving force for the future of TRON DAO and HTX DAO – a future where people, communities, and users are seamlessly integrated. Sun also pointed out that Hong Kong is rising as a gateway for blockchain services. He expressed his belief that Hong Kong has the potential to become a financial free port within the metaverse, offering a stage for engagement within the cryptocurrency and blockchain industries. Additionally, a diverse range of KOLs and project representatives took the stage. Moon, a newly elected member of the HTX DAO People Committee, emphasized the constant presence of opportunity in the market. Jessie, representing the Miss Asia Charity Fund, highlighted HTX DAO's ability to empower each member to become a community leader. Dr. K, founder of MetaMCN, expressed unwavering confidence in HTX DAO's future success, fueled by active participation and support. Cc and Mia, the driving force behind SHEHUB DAO, showcased their platform designed to empower female professionals in Web3. They focus on knowledge sharing, networking, and collaboration, ultimately fostering greater female participation in the space. The successful hosting of both the 2024 Hong Kong Web3 Festival and the TRON x HTX DAO: Hong Kong Meetup 2024 event has fueled excitement for Hong Kong's role in the future of blockchain and cryptocurrency. As industry leaders, HTX DAO and TRON remain dedicated to providing more opportunities for communication and collaboration with Web3 participants and entrepreneurs. Their ongoing commitment to the exploration of Hong Kong's innovations within the crypto field promises to inject fresh momentum into the global cryptocurrency market to boost growth and prosperity. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 10, 2024 10:32 PM Eastern Daylight Time

Image

HTX Ventures Invests in Monad Labs to Support Parallelized EVMs Ecosystem

HTX Ventures

n alignment with its mission to drive innovation and advancement within the blockchain ecosystem, HTX Ventures has strategically invested in Monad Labs, a pioneering team behind the development of the high-performance Monad blockchain. This investment reaffirms HTX Ventures' commitment to nurturing cutting-edge Web3 solutions and supporting projects that tackle critical challenges facing the industry. The Monad blockchain is a state-of-the-art Layer-1 blockchain platform known for its unique rearchitecture of the Ethereum Virtual Machine (EVM). It aims to address Ethereum's limited throughput problem, ultimately enabling decentralized applications (DApps) to scale for mass adoption. This platform intends to deliver Ethereum's flexibility alongside Solana's performance, boasting over 10,000 transactions per second, 1-second block times, and immediate finality, all while maintaining full backward compatibility with EVM and key Ethereum infrastructure. The tech startup Monad Labs, founded by the former team from traditional finance giant Jump Trading, recently raised $225 million in Series A Funding with a valuation of $3 billion to build the scalable smart contract distributed ledger. "Monad is driven by a great team with a strong understanding of market mechanisms and connectivity," remarked Edward, Managing Partner at HTX Ventures. "Their go-to-market strategies and tactics are similar to Solana, demonstrating a savvy approach to blockchain innovation. Our investment underscores our commitment to supporting smart teams like Monad Labs, who are driving big changes in the Web3 ecosystem." “We are thrilled to partner with HTX Ventures,” said Keone Hon, Co-founder and CEO of Monad Labs. “Their track record of supporting the growth of decentralized technologies, and their strong relationships across the space, make them an ideal partner for our team. We can definitely learn a lot from collaboration.” The Monad blockchain will launch a testnet in the coming months, with the mainnet deployment planned for later this year. The blockchain will employ the proof-of-stake consensus mechanism and will be Ethereum Virtual Machine (EVM) -compatible. As such, projects on Monad will be able to interact with the EVM software platform, where developers from many other blockchain projects also create interoperable decentralized applications on the Ethereum network. About Monad Labs Monad Labs is an early-stage, venture-backed tech startup founded in 2022. Two of the three co-founders of Monad Labs have roots in Jump Trading, where they worked together for seven years building low-latency high-frequency-trading (HFT) systems, and later contributing to R&D at Jump Crypto in 2021. This was the genesis of Monad — synthesizing learnings from HFT, as well as some new ideas, to build the most performant and robust smart-contract blockchain possible. Monad applies expertise in low-latency programming, compiler optimization, systems engineering, cryptography, and graph theory to substantially advance the performance and scalability of decentralized computation. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

April 10, 2024 09:44 PM Eastern Daylight Time

Image

All Industries

Fah Mai Holdings' UK head says market pullback is an opportunity for buyers

Financial Gravity Announces Appointment of Financial Services Industry Veteran Michael French as Executive Vice President (EVP)

Bitget Innovation Zone Adds AI-based Masa Network (MASA) to its Spot Offerings

Bitget Wallet Unveils $200,000 Meme Coin Fiesta Following Its Meme Coin Launch

4 Stocks For A Decarbonized Future

Emerging Entertainment Powerhouse? SportsQuest (OTC: SPQS) and Huayi Cinemas Forge AI-Driven Merger

Gear Up for Bitcoin Halving! HTX Offers $200,000 USDT in Spring Affiliate Futures Team Contest #3

TRON x HTX DAO Hong Kong Meetup 2024: Building a Metaverse Free Port in Hong Kong

HTX Ventures Invests in Monad Labs to Support Parallelized EVMs Ecosystem