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  4. VALIANT EAGLE INC. (PSRU) Message Board

$PSRU - Key Points - Shareholder Update - November

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Post# of 2473
(Total Views: 560)
Posted On: 11/27/2022 3:36:45 PM
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Posted By: AJH92
$PSRU - Key Points - Shareholder Update - November 21, 2022

Updates on Recent Material Progress Across The Company


Dilution

- Dilution - and the subsequent raising of capital - is an important element so that the company can grow.

- Every dollar of capital raised that is used for corporate purposes has the potential to provide exponential returns.

- Once sufficient capital has been raised to fund several initiatives and projects, the company will immediately cease dilution.

- When the various ventures are successful, a share buyback program will be instituted to retire shares that are undervalued - thus increasing shareholder value.


Sumer Technology

- The stake in Sumer has been sold for five times the amount paid for it.


American Basketball Association Canada, Hollywood Action and Beverly Hills Majestics

- ABA Canada purchased in 2021 - giving majority ownership and exclusivity on all ABA activities in Canada.

- Launching a professional sports league is a long-term endeavor - will require adequate staffing and hiring of executives.

- Search and interviews have begun for a Commissioner and other key executives.

- Signed an ABA Team Reservation Agreement to launch a professional basketball team in Beverly Hills and Hollywood, CA.

- Preliminary work has been performed on all of these deliverables.

- Infrastructure for each team is completed: logos designed, social media accounts, bank accounts, initial budgets, business plans and scores of other tasks.

- Search for a General Manager has also begun. He/she will be responsible for assisting with a large portion of the teams’ startup tasks.


VE Gaming

- Entered the gaming sector late-2021.

- Global gaming industry has exploded as player numbers increase and games become more accessible.

- Gaming industry now worth more than $200 Billion - shows no signs of slowing.

- Tech giants such as Google, Meta and Apple have all made plans to expand their presence in the video gaming-industry.

- Analysts predict the industry will generate more than $260 Billion in revenue by 2025.

- VE Gaming is developing exciting and noteworthy games for all major gaming platforms.

- Exciting plans in the work s for VE Gaming to become a triple-A gaming studio, on par with publishing and development teams like Activision, Rockstar and Epic Games.

- Development on a high-level basketball video game has begun.

- VE Gaming has also engaged the game studio Robot Sea Monster to develop a slate of Web3 and mobile games.

- Already completed production on the demo for Roo Awakening.

- Continuing development of several other gaming properties.


Debt Reduction

- A significant portion of convertible debt has been cancelled.

- CEO has personally agreed to forgive all of his convertible debt to increase the profitability position of the company and to make the balance sheet significantly stronger.

- $26,500,000 of debt forgiveness filed with otcmarkets.com March 31, 2021.

- Without the burden of debt weighing on the company, $PSRU can now dedicate its energy and funds to the many projects maturing under its subsidiaries.


Providence Film Group

- One of the most active subsidiaries of $PSRU.

- Emergence and popularity of streaming giants like Netflix and Hulu have generated an insatiable need for content - so $PSRU is ramping up productions.

- Ambush Karaoke pilot - directed by industry veteran and former American Idol producer Ron DeShay - completed.

-- Paula Abdul, an executive producer, is also set to be a judge on the show.

-- Now set to begin discussions with major networks for distribution.

- Also completed production of horror movie The Knock - the first film with Subplot Entertainment.

-- Will be seeking a sales agreement with a firm like Netflix or a comparable distributor.

- Entered film development deal with the iconic New Republic Pictures and its founder renowned film producer Brian Oliver.

- First joint development project is a remake of the 1978 war and action classic "The Wild Geese”.

-- Expect to close on the balance of the financing - around $60M - and begin production in 2023.

- Second film development project is a bio-pic on Zelda Fitzgerald - a famous American socialite and the wife of F. Scott Fitzgerald.

-- Expect to close on the balance of the financing - around $50M - and begin production in 2023 as well.

- Branded docu-series about Biolase Inc. “Talk Dental to Me”.

-- Production has been completed with the entire season expected to be fully edited by the first week of December.

-- Expecting a distribution with Netflix, the History Channel or a comparable network or distributor.

- Providence Film Group, Inc. also acquired the full rights to 12 famous movies including remake/reboot rights:

-- Adios Amigos (1976):
-- Adventures of Huckleberry Finn (1953):
-- Black Brigade, aka Carter's Army (1970):
-- Callie and Son (1981):
-- Fists of Fury (1971):
-- Ginger in the Morning
-- Great American Tragedy (1972):
-- Gulliver's Travels (1939):
-- Nuclear Run (1980):
-- Revenge of Doctor X (1970):
-- Swamp Thing (1982):

- $PSRU has "rights of every kind" to distribute, broadcast and sell anywhere in the world - including copyright interests, all production rights, subsidiary rights and more.

- $PSRU will also retain all negative and positive films, picture prints and all other forms of media related to the titles above - and intends to fully utilize these extensive new cinematic assets to increase shareholder value.

- “Fists of Fury” reboot has also begun - working title “Fists of Fury: Johnny Too Bad”.

- "Laugh At LA" - a 12-episode series of stand-up and sketch comedy shows - has been completed.


ANI

- Acquired an equity stake in a premier crowdfunding company America's Next Investment (ANI).

- Can be described as "Shark Tank meets Kickstarter”.

- The TV portion of ANI is featured on major financial channels such as CNBC, Fox Business, and Bloomberg.

- This helps drive interest and promotes the company's investment thesis and message to investors in real-time.

- Viewers of ANI can go onto its website - americasnextinvestment.com - and invest in the startup company they saw, and like the prospects for, on an episode through ANI's crowdfunding platform.


Fungy

- Fungy - the “Beta version” of $PSRU's NFT marketplace - has been launched.

- Fungy allows artists and creators to issue, buy and sell custom digital assets representing ownership of their digital work.

- Fungy is both a marketplace for those assets and a distributed network built on the Polygon blockchain - enabling trade without a middleman.

- There are many exciting updates and developments coming for Fungy in the coming months.

- Venture capitalists and angel investors have shown massive confidence in the sector by pouring $ billions into digital currency and blockchain start-ups.

- Thanks to its unique approach and marketplace, Fungy has already received worldwide interest that will crossover into the new year.


New Day Entertainment

- Acquired an equity stake in New Day Entertainment (NDE) - an independent US-based entertainment company - to develop, produce and fund feature films and television projects.

- NDE is currently in negotiations with major studios to form a distribution and co-financing partnership.

- NDE also has a potential development pipeline that spans all stages of production. This includes 3 films that are currently in the pre-production stage that require near-term funding.

- NDE has commenced seeking funding of up to $100M for upcoming Providence Film Group projects in partnership with New Republic Pictures.


EB-5

- Now that the USCIS EB-5 Regional Center Program is back up and running, discussions will begin in the weeks ahead with foreign investors for funding the current film slate.

Acquisitions

- To scale $PSRU, several companies are being targeted as possible acquisitions.

- Several acquisitions are anticipated in 2023 - not only to bolster the asset base but also to assist with the growth of subsidiaries currently owned and controlled.


Full PR: https://www.otcmarkets.com/stock/PSRU/news/st...id=2387643



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