UPDATE, MARCH 13 CHEYENNE, WY--(Marketwired - Mar
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UPDATE, MARCH 13
CHEYENNE, WY--(Marketwired - Mar 13, 2014) - 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc. (OTC Pink: TDEY) (PINKSHEETS: TDEY) would like to announce the following updates. The company has been diligently working on its core and expanded business plans since our last update and would like to report the following progress.
First we want to give you and updated on our Bitcoin AP with RF Technology -- we are proud to announce the first test run of our Bitcoin phone application with RF payment technology. Global Product Placement LLC will test the application. We believe our applications ability to purchase, wallet, and spend Bitcoins and its capability to spend them at point of sale with ease of you RF technology will revolutionize digital currency.
Also we wanted our shareholders to know about our 3D Content Development -- we are currently in negotiations to launch a 100% 3D music video network. I am currently donating my total production library to TDEY for use as needed.
Major New Acquisitions
We have signed a MOU (memorandum-of-understanding) with a publicly traded 3D corporation with a large content library and very qualified management, which will be integrated into TDEY's BoD. We have spent a great deal of time getting all the details done for this acquisition so it will be beneficial for both companies involved. We wanted to let our shareholders know about this new deal and apologize for it taking so long to put together.
Another new area we are looking to expand our business model in is the IPTV market. We are currently in talks with an IPTV company to be fully acquired by TDEY. We will keep you completely updated as this new acquisition is being sought after.
We are very excited that our expanded business plan is starting to take shape and accelerate at a pace where considerable revenues will be generated in the coming quarters. I am looking forward to making announcements next week as to our new CEO and begin filling Board of Director positions, and also releasing expanded details of our new acquisitions.
Edward Vakser
Chairman (TDEY)