SMC Entertainment Inc (PK) (SMCE) Noticias

I don`t disagree with your premise. But it is still old news. Its already baked into the stock price. And it did nothing to move it up, so there`s that.....

Big convertible. No Bueno IMO.

You won’t see Bateau passing on hands, you are so silly. It is under our umbrella but it will be ran under same management, etc. All normal in Australia. That acquisition isn’t the same as chantraider or Flax full acquisition. You gotta learn how to read well, it will save you waste of hours on silly DD wrong made. 🤣

Your head of steam has a burst boiler Hombre. The closing of Bateau is false. Government agency records in Australia (asic.gov.au)confirm that Bateau has not changed hands, management or shareholders, the Trustee in control of the Bateau fund is still the same.
Post on Chaintrade is on the way on the Pony Express too, it’s going to be interesting.

8K provides legitimacy of such news. It is official and sealed in the 8K. It is not important unless you and others are the kind that get sold in the news from just a PR. The guarantee or at least the assurance, is at the SEC or OTC fillings

Old news! Price is still going down! POS!!!

Fillings 8K January 23rd: KNOW WHAT YOU OWN!!! Diamond hands

https://www.otcmarkets.com/filing/html?id=18122187&guid=eJ0-keCfOs_WJth

Maybe a blue sky in hell.

Really?

RIP

What happened to the "blue skies"?
Doesn't look so blue anymore. LOL

Is it going to replace this https://flaxbit.com/ with https://chaintrade.ai/?

I believe the Name change is needed to run higher 

When we see 100+ million volume for a few days--which is coming--then we'll know. When revenues are announced, this thing goes ballistic.

No love for us today haha. A shame, some of my other OTC positions were dead today as well. Not a big deal, holding this LT anyway.

Not getting the volume it needs to move.

I am baffled with shareholders selling after such wonderful news on new acquisition. In shock!!! But hey, this is why a few are the ones who make a fortune and 95% loss their panties in OTCM.

Looks to be heading under .002 again...

Phenomenal news today! Great to add a crypto disruptor into the fold, and perfect timing of the announcement with the new pro-crypto administration now in place. I'm very bullish here, but what are people thinking selling at these levels? With this announcement before market today I kind of assumed we'd be closer to .003 by now, but we'll get there soon.

Another soon acquisition soo SOON?? WOW!!! I am in shock, Amazing!!! This is something I didn’t see coming. Very very cool

Yup! Above 20 is all BLUE SKIES!!!

This one has all the ingredients.003s soon 

Nice!

SMC Entertainment Inc. Signs Letter of Intent to Acquire 100% of Flax Tech Ltd, a United Kingdom Crypto Disruptor Provider

BOCA RATON, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK: SMCE), a Fintech incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is pleased to announce that it has signed a Letter of Intent (“LOI”) to acquire a 100% of Flax Tech Ltd. (“Flax” or the “Subsidiary”).

SMC is anticipating quickly reaching an executed definitive purchase agreement (“Purchase Agreement”) after conducting and completing its due diligence. Upon the completion of due diligence, at the closing of the acquisition, Flax will be a wholly owned subsidiary of the Company, led by its founder and president, Surya Chowdhury.

SMC also announces the appointment of Mr. Eric Sherb of EMS Consulting Services as its new Chief Financial Officer. SMC thanks its former Chief Financial Officer, Mr. Adam Yang, for his valued service.

“We continue to work on the development and integration of all our legacy platforms into Fyntechnical.com,” Erik Blum CEO stated. “Once completed the Flax Tech platform will enhance our ability to execute our FYNN AI model. I look forward to working with both the Flax Tech team and our new CFO.”

About Flax Tech Ltd.

Flax, a United Kingdom corporation, is a developing Crypto disruptor company and participates in the creation of a disruption platform for research, AI interaction and trading, as well as all associated proprietary technology, relevant IT, and infrastructure to run the platform, all-inclusive in the acquisition. For more information, visit www.flaxbit.com

About SMC Entertainment, Inc.

SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information, visit www.smceinc.com.

Press Release Contact:
Erik Blum
Chief Executive Officer
SMC Entertainment, Inc.
360-820-5973

Safe Harbor Statement

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by any third-party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
https://www.globenewswire.com/newsroom/ti?nf=OTMzNDk5NyM2NzAyMTI1IzUwMDEyNjMwMA==
https://ml.globenewswire.com/media/Yjc5ODAwYTgtMGJiOC00YTQyLWFjNTktZjQ3MTc3MjIwZDZlLTUwMDEyNjMwMA==/tiny/SMC-Entertainment-Inc-.png

Source: SMC Entertainment Inc.

© 2025 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/SMCE/news/story?e&id=3109467

Next par sar flip to bullish is on the monthly. .0068 next to drop. First fib retrace off 10 year monthly is .30
Enjoy the ride.

Corporate momo continues. Could be very near the name symbol change here.

https://prismmediawire.com/smc-entertainment-inc-signs-letter-of-intent-to-acquire-100-of-flax-tech-ltd-a-united-kingdom-crypto-disruptor-provider/

DT just got inaugurated, gentlemen. Now the easy part: Lay back and wait for the universe to manifest on SMCE>FYNN

Congratulations brother in arms, we endured and waited, now it is our time. Make OTCM great again

It could be obtained, DT back on the 20th could cause a euphoria in the market never seen. I wouldn’t be surprised to see a Blue Sky formation after the 20th. $$$1 land material, Diamond hands

Don’t worry about it, what better catalyst for OTCM than Donald T on the White House again. Just a few days left for this Dems nightmare to be over. I remember Barbie’s head first term! Darn, we made a banging on volatility!!’ It was epic, it won’t be any different now

YW, Basically Blue skies means the pps has cleared above all it's MA lines

OK. Thanks. That's different from what I've heard before.

And daily stochastics buy signal given today!

No, Blue sky line is the 200 day MA now at .002

I thought "blue skies" was a move above all-time highs.

For SMCE that would require a move above $.018, which was achieved in Nov. 2021.

BLUE SKY BREAKOUT ALERT! Above 20 is all Blue Skies!

So the recent drop to 14 was a shakeout...glad I kept adding. Hoping name change comes soon.

Easy big fellow. First we need to see the volume. Then the price will follow.

Like today! LOL

Would be great, but getting to $1.00 in this market would require a host of major catalysts. A lot of OTC pennies got there in 2021 because people were sitting at home with extra $ and figured why not take a shot on a microcap OTC stock. That strategy worked then, but we'd have to see the overall OTC market revert to the wild west of 20-21. The new administration should be more favorable from a regulatory standpoint at least, so we'll have to wait and see. I'd be ecstatic to see even .05 to .10 this year, which will still be tough but way more realistic than $1.

Adding more SMCE this is about to bust .0025 

I gotta tell you, if Ponzi of ENZC made it to almost at a dollar, definitely that thunder you expect is on its way… I AM NOT UNCERTAIN!!!

Crossing my fingers we can get there soon. I've been in SMCE since May of last year and willing to wait it out. Last time I was in an OTC stock for this long was during Covid back in 2020-21 with ENZC, when basically ran from $.001 to almost $1. Hoping lightning can strike twice. Just comparing our market cap right now to IGPK's, if we were to hit their MC of approx 27M our share price would be right around .02. I'd certainly take that.

Thank you for the thorough response. It makes sense, but I agree that an update is warranted given that we haven’t heard much since the initial launch PR. And I guess they don’t know when there may be approval of the name change. Nonetheless, I feel good about the company moving forward.

Thank you for the thorough response. It makes sense, but I agree that an update is warranted given that we haven’t heard much since the initial launch PR. And I guess they don’t know when there may be approval of the name change. Nonetheless, I feel good about the company moving forward.

I also tried using my PayPal account to sign in, but it doesn't redirect to PayPal when I click the button.

The name change and brokerage account processes are separate, right?

I used my laptop. I did give provide credit card info, but it didn't process. I even left the window open for a few minutes to make sure all it says was "processing...". I've checked my credit card transactions a few times and still doesn't show anything on there, which is good. Curious if anyone has actually had any luck successfully paying, logging in, and using the platform at all? Maybe it's just my laptop or internet connection. As stated before, I was able to use the platform in the free trial period, so I can validate that there was a usable product that looked legit, at least at that point. My hope is that right now they are working through some issues and waiting for FINRA approval (as a broker dealer) to launch the full platform the trading platform with market intelligence. We need to hear an update from the horse's mouth though because I'm just speculating as to what's going on and really have no clue.

Did you give the credit card info sign up? Did you use the mobile smart phone or desktop to sign?

I don't think it's fully up and running yet because of the trading component. I believe this is part of the FINRA broker dealer approval process (along w/ the name change). I will note that I was able to sample the free trial last month to see the market intelligence side of things and it looked pretty good. I actually tried to sign up and pay for one month just a few days ago, but the order was just stuck in "processing" mode. I checked my cc and didn't get charged, so no funny business thankfully, but my guess is that they are still working on the trading element of it so they probably aren't allowing purchases right now until that's complete. It would be nice to get some clarity from the company on this though since the non-trading part of it was supposed to be live in August per the PR )https://www.nasdaq.com/press-release/smce-otc-smce-announces-launch-chaintrade-its-ai-powered-platform-revolutionizing). This is the product that will make or break the company so it's not too much to ask Blum to update us on this. I would be a little bit skeptical if they hadn't just announced the Australian acquisition last week. That shows me at least there is some life behind the scenes.

When will the company start showing revenues? I thought they had launched chaintrade, or is there still development of the platform to be done?

Ticker change should be any time. We already crossed 200 days.