News Hub | News Direct

Entertainment

Animation Dance E-Sports Entertainment/Celebrity Film Music Radio Restaurants Sports Television Theater Video Virtual Reality
Article thumbnail News Release

Analyst Namtoshi Predicts $15 for Dogecoin, KangaMoon Nears $5M Amidst Shiba Inu Decline

Kangamoon

The Dogecoin (DOGE) community is abuzz with excitement as crypto analyst Namtoshi predicts a potential surge to $15 for the legacy meme coin by 2024, mirroring its explosive rise in 2021. Meanwhile, Shiba Inu (SHIB) grapples with a 1,344% increase in token burn rate, sparking investor speculation about future price movements. In another development, KangaMoon (KANG) is attracting investors’ interest having crossed the $4.5 million presale funding milestone, alongside plans to integrate both SocialFi and GameFi into its unified ecosystement. Dogecoin (DOGE) On the Rise Again? Namtoshi Predicts Potential Surge in 2024 Dogecoin (DOGE) is rocketing back in popularity with crypto analyst Namtoshi putting out bullish projections for 2024. As the price of Dogecoin climbed from $0.01 to $0.76 in 2021, Namtoshi’s analysis suggests that a similar pattern probably would bring an incredible boom. In his words, “ If this cycle acted the same, it would go from $0.20 to a whopping $15.20.” Meanwhile, Dogecoin's growing mainstream appeal and active community could be its driving force for unprecedented adoption levels, propelling DOGE price to new heights. Notwithstanding the volatility in the crypto market, the thrilling opportunity to make life-changing profits tend to draw investors' attention towards Dogecoin again. Shiba Inu (SHIB) Burn Rate Skyrockets, Investors Eye Price Movement Shiba Inu (SHIB) has just witnessed a jump in token burning activity with the burn rate rising to a spectacular 1,344%. This progression unfolds at a crucial time because the community is closely monitoring the price of SHIB which had been moving in unison with the overall market before stabilizing recently. Despite the coin not doing well over the past month and recording a 20% decline and a modest 2% surge over the past week, analysts remain highly optimistic. Their bullish sentiment is based on the notion that the resistance level of $0.000031 is likely to gain strength, propelling a rise in the price sparked by the strong buying pressure observed in the past. KangaMoon (KANG) Achieves Impressive $4.5 Million Presale Milestone Unlike Dogecoin and Shiba Inu which are currently navigating market volatility, KangaMoon (KANG) is attracting investors with its outstanding presale results. To elaborate, the value of KangaMoon has gone up by 290% from an initial offering price of $0.005 to $0.0196 in the stage five of the ongoing presale campaign. In addition, it has raised well above $4.5 million and expects to hit the $6 million funding milestone by the end of April. As a blockchain gaming network, KangaMoon plans to integrate both SocialFi, and GameFi’s P2E - play-to-earn element together leveraging a community-driven approach. In this unified ecosystem dubbed “Kangaverse”, Players can customize and own KangaMoon avatars, participate in battle contests, or speculative bettings. By engaging in any of these, they get rewarded with KANG tokens or other high-value in-game collectibles for their winnings which can be traded in the dedicated marketplace later. To further bolster trust and a community-driven platform, the active members of the community will be eligible to receive free KANG tokens before the project’s official launch. Particularly, users who sign up, and engage KangaMoon’s social media posts will be awarded free KANG coins. Meanwhile, the global Play-to-Earn NFT Games Market is projected to expand at a rapid CAGR of 21.3% between 2022 and 2028, from over $15 billion. This not only captures what value this market could bring to KangaMoon and its investors, it further solidifies the project’s position among the best new cryptocurrency in the market. As such, analysts speculate that the KANG token will become so huge that it may hit $0.5 immediately after the upcoming listing. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 13, 2024 08:00 AM Central Daylight Time

Image
Article thumbnail News Release

Ali Martinez Has a Shocking Bitcoin Prediction As KangaMoon and Pepe Become the Talk of the Meme Coin Market

Kangamoon

The crypto market is an avenue where investors' fortunes change positively and negatively depending on the tide of the crypto market. Ali Martinez, a crypto expert, believes Bitcoin will continue its bullish rally and hit $85,000 soon. Meanwhile, KangaMoon and Pepe have been making waves in the crypto market, with KangaMoon tipped to outperform other memecoins in the market. Having given early investors substantial returns, the KANG token has been picked as one of the best new meme coins in the market. KangaMoon (KANG) Early Investors Make 290% ROI, as New Buyers Will Get 10% Bonus While Bitcoin and Pepe's prices continue to soar, KangaMoon remains one of the best new meme coins on investor's watch list. As a play 2 earn platform, every challenge on KangaMoon is a chance to win and every victory translates to real-world values and returns. Users can also earn more returns when they participate in community activities such as commenting and sharing posts aimed at promoting the project online. While the presale started slowly, it has now peaked. The KANG price, which started at a floor price of $0.0050 in stage 1, is now sold for $0.0196 in stage 5, with early investors getting a 290% ROI. New buyers will get a 10% deposit bonus when they buy the token now. Meanwhile, KangaMoon has raised over $4.5M in the presale and could raise $6M before the end of April. Moreover, KangaMoon has over 6000 token holders and 20k registered community members which makes the project the hottest meme coin for 2024. The team has also announced plans to list the token in a major tier 1 CEX exchange in Q2. As such, a surge to $0.5 is possible for KANG in Q2. Based on the success of the presale, KangaMoon is tipped to outshine popular meme coins like Shiba Inu, Bonk, and Dogecoin in 2024. With analysts projecting 100x rallies in the coming months, now is the best time to buy the top meme coin and position yourself for massive future profits. Ali Martinez Makes a Shocking Bitcoin (BTC) Prediction Ali Martinez, one of the top crypto analysts, has made a shocking Bitcoin price prediction. According to the expert's analysis, Bitcoin appears to be breaking out. The analysts went further to forecast that if Bitcoin can hold above $70,800, the next target becomes $85,000. Meanwhile, the Bitcoin price has established support at the $70,000 mark while setting eyes on breaking its ATH record of $73,750. The Bitcoin price has increased by 5% in the past week and could be set for more rallies with the halving a few days away. The Bitcoin trading volume and market cap are also in the uptrend and could trigger more rallies in the coming days. Pepe (PEPE) Heading to the Moon As Meme Coin Market Witness More Adoption The meme market frenzy is not over yet, as more investors continue to accumulate the meme token. While Dogecoin saw a massive accumulation of tokens to the tone of 200M a few days ago, Pepe is also witnessing more buyer activity. The Pepe trading volume has increased by a day-to-day average of 40% in the past few days. The Pepe market cap has surpassed $3.2B. While the top meme coin battled the bear market in the past week, it is heading to the bull market with a 5% gain in the past few days. With the bull market in sight, Pepe's price could hit $0.000010 in April. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 13, 2024 02:34 AM Central Daylight Time

Image
Article thumbnail News Release

Comtex Launches Omnia: A Cutting-Edge News API Platform leveraging NLP and AI

Comtex

Comtex News Network, Inc (Comtex), a leading provider of news aggregation and distribution services to top firms in financial services, news publishing, syndication, and analytics, proudly announces the launch of its innovative API platform, Omnia. Omnia is a state-of-the-art API platform designed to revolutionize the way businesses access and utilize news content. Omnia empowers users with instant access to real-time streaming news, AI-generated article summaries, enhanced tagging and categorization based on NLP, advanced filtering, and access to an extensive catalog of curated news sources. Key Features of Omnia Include: Real-time Streaming News: Omnia provides real-time streaming news via websockets push and REST API for seamless integration into existing systems. Enhanced Tagging and Categorization: Leveraging AI and proprietary NLP-based algorithms, Omnia offers enhanced tagging and categorization of content, including press releases, earnings releases, product categories, and more. AI-Generated Article Summaries: Omnia utilizes AI to generate concise and searchable article summaries, enabling users to quickly grasp an article before reading it. Advanced Filtering: Omnia's advanced filtering capabilities allow users to customize their news feeds based on specific criteria, ensuring they receive only the most relevant content. Access to an extensive collection of curated, high-quality sources used by top companies in financial services, analytics, research and a broad range of industries. Omnia is designed for rapid integration and serves a variety of use cases, including training of LLMs, financial platforms, asset management, trading, academic research, legal research, market research, and much more. Commenting on the launch, Comtex CEO Kan Devnani said, "We are pleased to bring a flexible, state-of-the-art news platform with access to curated, premium news sources to market. Omnia is an extendable platform, combining AI with our rich experience applying NLP to news content. This will allow clients to derive more intelligence and insights from the news content we offer and help clients curate and identify the content most relevant to them. Comtex will use Omnia to deliver evolving analytics and insight to its users." Access to Omnia can be trialed by visiting https://www.comtex.com/api. Comtex encourages users to explore its features and capabilities. To learn more about Omnia and request a demo, please contact sales@comtex.com or visit https://www.comtex.com/api. About Comtex News Network, Inc (Comtex): Comtex News Network Inc (Comtex) is a leading provider of news aggregation services to top firms in financial services, news publishing, syndication, and analytics. With a wealth of experience and expertise, Comtex delivers comprehensive news solutions that empower businesses to make informed decisions and stay ahead of the competition. Comtex also offers syndication services to content providers and platforms to generate traffic to online content. Contact Details Comtex News Network Media Relations sales@comtex.com

April 12, 2024 02:01 PM Eastern Daylight Time

Article thumbnail News Release

Select Sector SPDR ETFs: A Strategic Approach to Precision Investing and Customized Portfolios

Select Sector SPDR

In the dynamic world of investing, Exchange-Traded Funds ( ETFs ) have proved to be a powerful tool for investors seeking diversification, flexibility, and potentially a more sector-driven approach. Select Sector SPDR ETFs offer a focused approach to sector investing, enabling investors to specifically target sectors within the broader market. This method of investment strategy is designed to arm investors with greater control and flexibility over their portfolios. Select Sector SPDR ETFs segment the S&P 500 into 11 investable sectors, covering all broad market segments. They provide access to various industries, allowing investors to craft a diversified portfolio that aligns with their unique investment goals. This approach presents an excellent opportunity for both individual and institutional investors to effectively navigate the financial markets. Each ETF comprises well-known, large-cap companies from the S&P 500, ensuring broad exposure and diversification. The transparent nature of ETFs allows for daily disclosure of portfolio holdings and weightings, providing investors with visibility into their investments. The full lineup of Select Sector SPDR ETFs includes: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These ETFs provide flexible, transparent, and low-cost investment options to both retail and institutional investors. The flexibility offered by these ETFs empowers investors to make strategic adjustments in their portfolios as market conditions change. This flexibility, combined with the transparency of daily disclosure of portfolio holdings, allows investors to always be aware of where their money is invested. Select Sector SPDR ETFs offer a unique opportunity to invest in various sectors with precision and flexibility. They provide a simplified approach to sector investing, allowing investors to customize their portfolios to meet their specific investment objectives. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007439 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 12, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

Only 27% Of Chinese Citizens Have Visited Amusement Parks, And Demand Is Now Growing – Golden Heaven (NASDAQ: GDHG) Plans To Ride The Wave

Benzinga

By Meg Flippin, Benzinga The amusement park industry is having a moment in China, with interest in this form of entertainment growing. It doesn’t hurt that only 27% of the population in China has visited a theme park, presenting a big opportunity to reach the 1.4 billion people who live there. Habits learned during the pandemic are helping drive growth in the industry. With heavy restrictions on international travel, local trips became the only option. That attitude toward travel remains today, which is driving the popularity of amusement parks. In 2019, the Chinese amusement park market was valued at RMB 40 billion. By the end of 2025, McKinsey projects it will grow to over RMB 90 billion. One company that appears to be benefiting from this trend is Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG). The amusement park operator, which developed and manages six amusement parks across China, is seeing an increase in the number of visits to its theme parks. During the Chinese Spring Festival holiday which ran this past February 10 to 17, park attendance was up 28.4% year-over-year. Attendance of 100,362 sets a new record, reports Golden Heaven. Nearby For Many The company’s six parks occupy approximately 426,560 square meters of land in aggregate and are located in geographically diverse markets across the south of China. Due to the geographical locations of the parks and the ease of travel, the parks are easily accessible to an aggregate population of approximately 21 million people, Golden Heaven says. The parks offer a broad selection of thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances and high-tech facilities. For 2024, Golden Heaven wants to expand its presence in the amusement park market, enhance operational efficiency and increase investments in technology to elevate visitor experiences and improve overall customer satisfaction. As it stands, the company is already in expansion mode, opening parks and inking deals to support long-term growth. Take Seven Rainbow Park in Anshun City, Guizhou Province. Trial operations of the 15,000 square-meter park – which has a range of attractions including a Ferris wheel, luxury carousel, zoo, ocean hall, pirate ship and bumper cars – kicked off in January. The construction of the park was completed ahead of schedule. “The trial operation results have met our expectations,” said Qiong Jin, the CEO and Chairman of Golden Heaven. “The park offers a valuable model for future projects. Our goal is to establish the park as an entertainment hub in the local area while advancing the Company's sustainable development and profit objectives." Golden Heaven is also utilizing the capital markets to broaden its presence in the amusement park industry. It also recently made a deal with PT BESTAR JAYA, an Indonesian trading company that services large-scale supermarkets nationwide. Golden Heaven was hired to develop, staff and manage 30 to 50 indoor amusement parks in major shopping centers and supermarkets across Indonesia. Bringing In The Revenue Beyond opening parks and expanding its market presence, Golden Heaven is entering into lease agreements that give it recurring revenue. Two worth mentioning include deals with Nanping City Dacheng Culture Communication Co., Ltd. and Zigong City Dragon Culture & Arts Co. Ltd. Golden Heaven is leasing certain land and property to Dacheng Culture to host a range of activities, including wedding photography, family photography, marriage proposal planning, Hanfu (traditional Chinese clothing) photography and various celebratory events. Dacheng Culture is paying RMB 6 million, payable quarterly, over the contract period, which extends from March 29, 2024, to March 28, 2025. Meanwhile, Zigong Culture is paying RMB 8.73 million to lease certain land and property to host a range of outdoor activities including seasonal excursions, extracurricular activities, physical competitions and talent shows. The contract period runs from March 11, 2024, to March 10, 2025. All of this is positioning the company for what it says should be profitable growth in 2024. Travelers in China want to stay close to home and are willing to spend money to do it. They are increasingly choosing amusement parks as the preferred form of entertainment. That’s good news for companies like Golden Heaven that are making several moves to capitalize. Featured photo by Thomas Stadler on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 11, 2024 08:45 AM Eastern Daylight Time

Image
Article thumbnail News Release

Kartoon Studios (AMEX: TOON) Is Keeping Stan Lee's Legacy Alive With Its Brand New Stan Lee Store On Amazon And YouTube Channel

Benzinga

By Faith Ashmore, Benzinga In 1941, a little-known editorial assistant at Timely Comics published his first comic, ‘Captain America Foils the Traitor's Revenge’. That someone then went on to gain fame as Stan “The Man” Lee – and the world of comics and superheroes was forever changed. Stan Lee was a towering figure in the industry, creating classics like Spiderman, Iron Man, Black Panther and many others. His legacy is everywhere and central to the world of superheroes. As of November 2023, the Marvel Cinematic Universe had earned more than $29 billion, making it the biggest movie franchise ever. While Stan Lee has passed, the world he created is long-lasting and is showing no signs of slowing down. Kartoon Studios (AMEX: TOON) is one of the global companies working hard to keep Stan Lee’s vision alive. It is a global company specializing in creating, producing, distributing, marketing and licensing entertainment brands. With a diverse portfolio of original animated content, including popular shows such as Stan Lee's Superhero Kindergarten, Shaq's Garage, Rainbow Rangers and Llama Llama, Kartoon Studios seems to have established itself as a prominent player in the entertainment industry. Kartoon Studios, which is the controlling partner of "Stan Lee Universe, LLC," has recently unveiled a new dedicated storefront on Amazon, exclusively featuring products related to Stan Lee. This Stan Lee storefront, powered by Meteor, offers a wide range of branded apparel and merchandise adorned with graphics that pay homage to the legendary "Godfather of Comics." This new storefront further enhances the brand's connection with its digital community of passionate fans. “The launch of our first Stan Lee dedicated storefront with Amazon and Meteor is game-changing for our brand because it offers an incredible, far-reaching, and trusted e-commerce store to provide Stan’s legion of tens of millions of devoted fans globally, access for the first time to Stan Lee merchandise,” shared Andy Heyward, Chairman & CEO of Kartoon Studios. “In building an engaged community, we are also providing the framework for recurring revenue and growth opportunities. We are confident this program has the capacity to significantly grow Stan Lee Universe both in the U.S. and globally.” In a divided world, Stan Lee’s pen often brought communities together. Stan Lee is well-known throughout the industry as someone who not only created amazing stories of heroes triumphing over evil but as someone who decried injustices in real life. The legend spent a lifetime condemning racism and creating characters that every little boy and girl could relate to, regardless of their background and heritage. Kartoon Studios is firmly intent on keeping Stan Lee’s legacy alive. The company has also announced the launch of the " Stan Lee Presents " channel on YouTube. With a subscriber count of already over 300,000, this newly rebranded channel, previously known as "Cinematica," will be managed by Frederator Networks, a subsidiary of Kartoon Studios and one of YouTube's largest animation networks. “Stan Lee’s immense creativity, his relatable characters, and his groundbreaking storytelling style had a significant global influence on the world of entertainment and pop culture, from Star Wars to The Simpsons. To honor his incredible legacy, we are launching ‘Stan Lee Presents’ to continue to share his vision of storytelling to his millions of fans around the world,” shared Heyward. Dedicated to everything Stan Lee, "Stan Lee Presents" will feature a diverse range of content sourced from Stan's personal archives, digital Stan Lee comic books, exclusive interviews, behind-the-scenes footage, seldom-seen historical materials as well as sneak peeks of upcoming projects from the Stan Lee Universe. The channel will be an exclusive destination for clips, trailers, interviews and more related to Stan Lee. “Stan Lee’s popularity and fan base continue to grow with new generations of fans discovering his talent and magic, and we will continue to create opportunities for fans to engage whether it be through the Amazon storefront or new products and experiences we have in the pipeline,” shared Lloyd Mintz, SVP of Global Consumer Products, Kartoon Studios. Featured photo by Glenn Carstens-Peters on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 11, 2024 08:25 AM Eastern Daylight Time

Image
Article thumbnail 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

Article thumbnail News Release

Ripple to Issue USD-Backed Stablecoin, NEAR Protocol and KangaMoon Continue Stunning Growth

Kangamoon

Ripple announces stablecoin market entry and the price of XRP can reach $1.30 by Q4, 2024 NEAR Protocol rises 266.5% and can rise to $10.48 by the end of 2024 KangaMoon raises over $4.4 million and can spike 100x following its complete launch Ripple (XRP) has seen an increased level of interest as the company Ripple, a leading provider for blockchain-based and crypto solutions for enterprises, has announced plans for the launch of a stablecoin backed by the U.S. dollar, marking its entry into a $154.7 billion stablecoin market. Alongside it, NEAR Protocol (NEAR) has exploded in value 266.5% year-to-date (YTD) and could soon reach new heights. However, the most gains were made by KangaMoon ( KANG ) which is up 290%, and at this rate could surge further up. To see which is the top crypto to buy, we will go over their on-chart metrics. Ripple (XRP) to Grow to $1.30 Following Latest Stablecoin Market Entry Announcement Ripple (XRP) has experienced an upwards trend as its year-to-date (YTD) climb has been by 20.4%. However, it is yet to achieve significant gains, and these will come during 2024 following the latest announcement that the Ripple company will be entering the $154.7 billion stablecoin market. According to the official blog post, this will be a stablecoin which will be 100% backed by USD deposits, alongside short-term US government treasuries and even other cash equivalents. The stablecoin will be available on the XRP Ledger. However, they will also make it a part of the Ethereum blockchain, however, there are plans to expand to additional blockchains and decentralized finance (DeFi) protocols. The Ripple price has moved between $0.56 to $0.61 during the past week, and at this rate could reach new heights. However, the Ripple crypto will first need to gain additional investor and whale attention in order to spike in value. Based on the Ripple price prediction however, it can end 2024 at $1.30. NEAR Protocol (NEAR) Grows 266.5% YTD – Price to Reach $10.48 NEAR Protocol (NEAR) has experienced much further gains as its year-to-date (YTD) climb was by 266.5% in the past year. Moreover, during the past month, the NEAR Protocol price has gone up 19.1%, and in the past week it moved up by 10%. During this time-frame, the NEAR Protocol crypto went up from $6.16 to $7.53, and could soon break even above the $8 price barrier. If it does so, it is set to reach new heights as according to the NEAR Protocol price prediction, it can spike to $10.48 by Q4, 2024. KangaMoon (KANG) to Grow 100x Following Its Launch KangaMoon (KANG) is an upcoming project that will introduce Social-Fi elements and a community-driven approach, alongside Play-to-Earn (P2E) features. With its current rate of growth, it managed to spike 280%, as it moved from $0.005 to $0.0196. In addition, its raised $4,463,830.183 and could soon break above $5 million raised. On top of this platform, anyone can earn KANG tokens or NFTs by engaging with their KangaMoon characters. They can battle other players, complete tournaments, or even spectate and place bets on fights. Another major part of its ecosystem is the marketplace in which anyone can buy, sell or trade NFTs. Analysts are now bullish on the future of KangaMoon and project a 100x price increase following its full launch, as it is now at Stage 5 of its blockchain ICO. These aspects position it as the best crypto to invest in now. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 10, 2024 08:08 AM Central Daylight Time

Image
Article thumbnail News Release

ACTIVATE BRINGS HIGH TECH PHYSICAL GAMING TO CHARLOTTE

Activate

Activate, the pioneering live-action gaming venue and viral sensation on TikTok, is excited to announce the grand opening of its first North Carolina location in Charlotte, opening on May 3, 2024. The unique and dynamic venue promises an opportunity for guests to immerse themselves in the nationwide gaming phenomenon. Activate Charlotte is located at 1848 Galleria Blvd Suite 9B, Charlotte, NC, 28270, USA. With 20 locations in North America's hottest cities, such as Houston, Plano, Chicago, Atlanta, and New Jersey, Activate Charlotte joins the family, promising an electrifying mix of games that will put your agility and wit to the ultimate test. "Charlotte's vibrant culture is the perfect match for our physically immersive gaming adventures," said Bryce Anderson, Partner at Activate. "We can't wait to energize the city with our unique blend of tech and play. It’s a destination where every visit is a new challenge, every game a fresh conquest." Activate Charlotte’s new state-of-the-art gaming facility welcomes all ages and skill levels, encouraging players to explore and create their own unique gaming experience. Here’s what to expect: Guests can sign up in groups of two to five players Through progress tracking via Activate’s high-tech electronic RFID wristbands, players can rack up points, level up, and earn prizes along the way. Top gaming rooms include the TikTok viral sensation Mega Grid with 500+ multi-activated rainbow-colored tiles, blasting the beaming bullseye in a game called Strike, and feeling like a modern-day spy in the Laser room. Try Level 1, easy, or take it to Level 10, extreme. Play as a team in cooperative mode, or challenge your friends in competitive mode games. "Activate is about igniting that team spirit and passion for fun," added Anderson. "We're here to create epic stories, memorable laughs, and to cheer as our guests shatter records. We believe in fun that fuels the soul and games that push you to your playful limits!" Additional Activate locations are set to open in 2024 across the U.S. in markets such as Kansas City, Columbus, and Detroit, along with internationally in the UK and UAE. Today, Activate operates in over 20 locations across Canada and the U.S. PLAN YOUR VISIT Book in advance to save time and ensure a game room is available. Each game lasts 1-3 minutes. The full gaming experience lasts 75 minutes. Complete the safety waiver required for you to play in advance. Wear activewear and flat, closed-toe shoes. Age requirements: Children 10 and under require a paid adult with them at all times in gaming rooms. Children ages 11 to 13 must have an adult present at the facility. Where: 1848 Galleria Blvd Suite 9B, North Carolina. When: Sun-Thur 9:30am - 10:00pm, Fri-Sat 9:30am - 11:00pm. For a sneak peek into Activate’s action-packed gaming experience, and to keep tabs on the Activate Charlotte grand opening, visit https://playactivate.com/charlotte. Join the Inner Circle to be the first to hear about new locations, behind-the-scenes information, deals, and more. As a thank you for signing up, Activate will extend 50% off your first booking, valid until June 3rd, 2024. Please find imagery assets here. To keep tabs on the grand opening, visit https://playactivate.com. Founded in 2019, Activate is a state-of-the-art gaming facility with locations across the United States and Canada. Each Activate location offers a variety of unique gaming rooms with over 700 levels for players to compete, earn stars, and track achievements online. Activate combines physical activity and gaming to create an immersive experience as part of a healthy lifestyle. To learn more about Activate, please visit https://playactivate.com. Follow Activate on Facebook at http://www.facebook.com/activategames and Instagram at https://www.instagram.com/activategames/. Contact Details Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://playactivate.com

April 10, 2024 09:06 AM Eastern Daylight Time

1 ... 1718192021 ... 247