$PSRU Overview - Updated August 25, 2024 --------
Post# of 2137
$PSRU Portfolio of Companies / Partnerships
ABA Canada
ABA Sports Reality Group (ASRG)
ABA US - Hollywood Action Basketball Team
ABA US - Beverly Hills Majestics Basketball Team
America's Next Investment (ANI)
Cote Quest Distribution
Franchise X Entertainment
Fungy NFT
Kwetu Film Studio
Opportunity Knocks TV (OKTV)
Providence Films
Providence Film Group
Sherman Oaks Newstand
Skyrocket Inc
Traverse Television Networks
XMG Media
VE Gaming
360 Beverly Hills Studios
CEO Letter To Shareholders - Progress + Future Plans - January 23, 2024
Need to read thoroughly first to understand changes / updates in the subsequent June 24, 2024 PR.
https://www.otcmarkets.com/stock/PSRU/news/Va...?id=427982
- "Upon the completion of these acquisitions, our market capitalization is projected to surpass $200 million, enabling us to fulfill a critical criteria necessary for uplisting". Even at the current Outstanding Shares count - before it is reduced by the share buyback and other cancellations - that equates to a pp s of .0156.
Update On All Projects PR - June 24, 2024
https://www.otcmarkets.com/stock/PSRU/news/Va...?id=444670
Summary of Confirmations and Changes Since January 2024 Update:
Note: [new] means new item or update not in the January 2024 - some have been covered partly in periodic updates on 'X" which have noew been removed from the PR / Updates Section below.
- No reverse split confirmed - for the the 9th time.
- Elimination of debt and reducing dilution. Only one convertible note holder remaining that has agreed not to convert their debt into shares until 2025.
- Share buyback still planned with proceeds from Zelda.
- Uplisting to a higher tier / exchange still planned.
- Plan to obtain audited financials [new].
- Implementation of AI in our operations to streamline processes [new].
- Franchise X Entertainment music & audio production poised to become increasingly profitable - anticipate 15% revenue growth compared to 2023 [new].
-- Franchise X Entertainment also commissioned to create soundtracks for various films, TV shows and video games [new].
- ABA Canada:
-- Secured 2 territories already [now 3 from August 2024].
-- Prepared to launch the league soon [new].
-- Aim to start with 6-8 teams initially [new].
-- Other progress includes America's MVP reality show, discussions with networks to broadcast games, securing title sponsors and appointing key executives [progress confirmed].
-- Several forma NBA superstars are eager to join the show [new].
- VE Gaming:
-- Design and acquisition of all assets for a AAA basketball game for Xbox and PlayStation are all indicators of the company's progress [new].
-- 5+ apps already launched have been generating substantial income since their launch [new].
-- Execution of MoU with Buddy Games to provide mobile apps, games and content to over 1.5 billion Buddy Games mobile device carriers or subscribers in 2024 - anticipate delivering 10-15 projects which should generate substantial revenue for the company [new].
- VE Publishing:
-- Acquisition of the rights to 10+ titles were confirmed in the January update.
-- Now plans to release a diverse range of new titles into the market by 4Q 2024 [new].
- Providence Film Group:
-- "Ambush Karaoke" - a music competition reality show - is on track for a successful season [update after pilot only reported in January].
--- Paula Abdul on board [confirmation].
--- Close to landing a familiar A-list talent with major network credits [new].
--- Also in discussions with a major Las Vegas casino as a show partner [ new].
--- Update to follow when talent issues the letter of intent [new]
-- "America's MVP":
--- Being positioned as a first-of-its-kind sports reality show.
--- Has garnered significant interest and commitments [new].
--- Show is currently being packaged and prepared for presentation to networks - unable to share the names at this time for legal reasons [new].
-- "Talk Dental To Me" docuseries:
--- Completed 6-episode series was being presented to major networks for distribution as at the January 2024 update.
--- Now progressing well with several major distributors and platforms prepared to air and distribute the show [new].
-- The first 2 of 12 iconic films that have their rights owned by $PSRU - "Swamp Thing" and "Fists of Fury" have now progressed to the development phase [update].
-- One of the most viable sources of revenue in media is distribution via all avenues. PFG has now entered the realm to distribute films of its own and become a third-party distributor as well [new].
--- Also plans to distribute 30-50 films annually in Africa [new].
-- "New Republic":
--- Zelda and Wild Geese are 2 of $PSRU's most valuable and heavily invested assets to date [confirmation].
--- Secured several talents including Jennifer Lawrence, Jason Statham and Jude Law [confirmation].
--- Upcoming meeting scheduled to discuss the status of all our projects with New Republic [new].
--- Projects of this caliber take years to realize from concept to release.
-- Licensing deal with Skyrocket Inc to distribute the 12 iconic films [new].
--- This deal - many years in the making - is anticipated to generate substantial revenue for the company [new].
-- "Rise of the Taragon" has added Edward James Almos to the cast which consists of Carmen Electra, Glenn Plummer, Jeremy Meeks, David Yeung, Marina Mazepa and many more [new].
--- Expect to be completed Q4 2024 or Q1 2025 [new]
--- Anticipated to be an indie blockbuster [new].
-- "The Knock" - horror movie - first film with Subplot Entertainment - now production complete [new].
--- Planned to seek a sales agreement with a firm like Netflix or a comparable distributor in the next Q [new].
- Fungy - NFT marketplace - is being updated - expected to be fully operational around mid-September 2024 [new].
Corporate Video: https://www.youtube.com/watch?v=Denx_y4ekqk
EB-5 Investment Marketing Video: https://www.youtube.com/watch?v=jhRoW3fAmHM
Ambush Karaoke Video: https://www.youtube.com/watch?v=QEyH7KZa34k
Talk Dental To Me Video: https://www.youtube.com/watch?v=0UrhU6l9Ncc
Rabbit Race Video: https://www.youtube.com/watch?v=-ZxniNfSu4A
Important PRs / Updates Since the All Projects Update June 24, 2024
[see original posts on the main board for links - omitted here for brevity]
News - July 30. Valiant Eagle Inc.’s [OTC PSRU] Reality Competition Show Offers The Winner The Chance To Take Their Startup Public
Update - July 31: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
We are in discussions with a financier to buy back half of our float. Will update shareholders if we get an agreement signed. $PSRU"
Update - August 6: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
American Basketball Association Canada Inc. has submitted a joint venture proposal to a major athletic shoe brand as well as solicited a former brand from the 1990’s that rivaled Nike and Reebok.
The Brand continues to have an international market and appeal. Updates will be forthcoming. $PSRU"
Update - August 8:
"Exciting update! Providence Film Group (PFG) is partnering with one of Africa's largest theater chains to tap into the billion-dollar international film market. With Africa's diverse and growing audience, our films will hit theaters across the continent starting Q1 2025, backed by a 6-8weeks marketing blitz. Expect 6+ films annually and a major revenue boost! With PFG receiving an admirable revenue split, the deal will be PFG's largest revenue stream within two years.
Additionally, we will be revealing several other major upcoming updates this month. Full press release to follow. $PSRU"
Update - August 12: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
ABA Canada is thrilled to announce our third six-figure commitment from a future team owner! Just like our initial two, this commitment reinforces their excitement for the league's future.
Funds are held in trust until six locations are ready to launch, with details on team names, executive staff, and schedules to follow. League activity is set to commence upon the sixth commitment being secured.
Our efforts to secure a media partner, which will significantly boost revenues, are progressing smoothly. Stay tuned for more updates! $PSRU #ABACanada #Basketball #FutureOfSports"
Update 2 - August 12: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
We have filed our quarterly disclosure statement with OTC Markets Group. Please note the increase in value of “Providence Films” on the balance sheet to be explained shortly $PSRU"
Update - August 15: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
We are having a conference call with Brian Oliver, renowned film producer, this week to get an update on “The Wild Geese” and “Zelda”. Shareholders will be updated thereafter. $PSRU"
Update - August 19: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
As previously stated, with respect to our most recently filed financial statements, the value of "Providence Films" on the balance sheet has increased significantly. This is caused by the fact that many of our projects are nearing theatrical / television release. In saying that, we had a discussion with renowned producer, Brian Oliver on Friday and are awaiting his approval on items that can be disclosed to shareholders. I am beyond excited with the progress! $PSRU"
Update - August 23: "Dear Valiant Eagle Inc. [OTC PSRU] Shareholders,
This will be huge next year. As an executive producer, I have never seen so much talent in one movie: $PSRU"
https://m.imdb.com/title/tt13682122/fullcredi..._=m_ttfc_4
Providence Films
Acquired the following 12 x iconic movies - including remake rights:
Adios Amigos (1976)
Adventures of Huckleberry Finn (1953)
Black Brigade (1970)
Bloody Wednesday (1985)
Callie and Son (1981)
Fists of Fury (1971)
Ginger in the Morning (1974)
Great American Tragedy (1972)
Gulliver’s Travels (1939)
Nuclear Run (1980)
Revenge of Doctor X (1970)
Swamp Thing (1982)
2024 Q2 Filed August 11, 2024 - Key Points
Total Assets Values - June 30, 2024 vs December 31, 2023
$19,968,195 vs $17,075,362 - up $2,892,833 - up 16.94%
Increases:
Providence Films: $2,610,000 - up 22%
Franchise X Entertainment: $365,000 - up 18.25%
VE Gaming: $417,833 - up 122.67%
Total Liabilities - June 30, 2024 vs December 31, 2023
$1,326,686 vs $1,591,532 - down $264,846 - down 16.6%
Total Expenses - June 30, 2024 vs June 30, 2023
$310,499 vs $975,101 - down $664,602 - down 68%
Net Operating Gain (Loss) - June 30, 2024 vs June 30, 2023
Profit $127,077 vs Loss $423,412 - up $550,489
Current Tier - OTC Pink Current with Verified Profile
Share Structure - Updated August 24, 2024
Transfer Agent Verified
No change - no dilution since the 100M reduction on April 23 - 123 days
Authorized Shares:22,000,000,000
Outstanding Shares: 12,760,268,251
Restricted: 940,101,702
Unrestricted: 11,820,166,549
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading.
Note 2: Only one convertible note holder remaining that has agreed not to convert their debt into shares until 2025 . [latest source: PR dated June 24, 2024]
Note 3: More share cancellations planned [source: 'X' update April 29, 2024]
Note 4: Intention for share buyback ahead confirmed [latest source: PR June 24, 2024].
Note 5: No reverse split confirmed again (for the 9th time) [latest source: PR June 24, 2024]
Note 6: The company has now received approval to use the non-dilutive EB-5 Immigrant Investor Program to raise $20M for its current projects [latest source: 2024 Shareholder Update Letter].
Note 7: The company also has a comprehensive plan to raise $100M for future acquisitions and investments.
Note 8: The company also has $600K in cash coming in for 3 x ABA Canada license fees [sources: PR dated March 11, 2024 + Update August 12, 2024].
Note 9: The company also has secondary funding of $50M coming in to support its African, Canadian and US 6-picture film slate [source: Update on March 14, 2024].
Note 10: Market capitalization is projected to surpass $200 Million - fulfilling a criteria for uplisting [latest source: 2024 Shareholder Update Letter].
Note 11: Even before the future planned reductions and later share buyback, a market cap of $200M (higher expected) divided by the Outstanding Shares would equate to a pps of .0156.
Note 12: A buyback of 50% of the float is now also planned. This would reduce the O/S by 4.9 Billion leaving 7.8 Billion and for a market cap of $200M would equate to a pps of .0256 [source: update July 31, 2024].
Moves Since March 2020
2020
.0460 (April 29) > .1289 (May 5) - 180%
.1289 (May 5) > .4257 (May 6) - 230%
.075 > . 195 on August 3 - 160%
.062 > .1188 on August 5 - 92%
.0123 ( previous close) > .1125 on September 29 - 814%
.0452 > .1150 on October 1 - 154%
.0233 > .0544 on October 20 (in a few minutes) - 133%
.0180 (previous close) > .0224 on December 17 - 25%
2021
.0163 (previous close) > .0278 on January 7 - 71%
.0168 (previous close) > .0238 on January 20 - 42%
.0224 (previous close) > .0440 on January 25 - 97%
.0270 (previous close) > .0510 on February 1 - 89%
.0220 (previous close) > .0300 on February 23 - 36%
.0235 (previous close) > . 0290 on February 24 - 23%
.0186 (previous close) > .0220 on March 8 - 18%
.0184 > .0232 on March 10 - 26%
.0144 > .0174 on March 16 - 21%
.0160 > .0193 on March 17 - 21%
.0140 (previous close) > .0184 on March 23 - 31%
.0135 > .0298 on March 29 - 120%
.0121 > .0155 on March 31 - 29%
.0109 > .0132 on April 7 - 21%
.0090 [previous close] > .0112 on May 6 - 24%
.0071 [previous close] > .0090 on June 2 - 27%
.0038 [available August 30] > .0079 on August 31 - 108%
.0033 > .0123 on September 14 - 272%
.0070 > .0138 on September 22 - 97%
.0110 [paint down at open] > .0149 on September 23 - 35%
2022
.0011 (ask) > .0015 on May 2 - 36%
.0013 (previous close) > .0018 on June 7 - 28%
.0010 (available day prior) > .0014 on July 21 - 40%
.0006 (previous close) > .0015 on September 1 - 150%
.0015 on September 1 > .0020 on September 7 - 33%
.0008 > .0013 on September 14 - 62%
.0008 > .0010 on September 15 - 25%
.0006 (previous close) > .0009 on September 22 - 50%
.0006 (available November 2) > .0009 on November 3 - 50%
.0007 > .0009 on November 7 - 28.5%
.0007 (available November 7) > .0009 on November 8 - 28.5%
.0007 > .0009 on November 10 - 28.5%
2024
.0001 > .0002 on January 18 - 100%
.0001 > .0002 on March 19 - 100%
.0001 > .0002 on March 22 - 100%
.0001 > .0002 on April 22 - 100%
.0001 > .0002 on June 10 - 100%
.0001 > .0002 on June 11 - 100%
.0001 > .0002 on June 12 - 100%
.0001 > .0002 on June 14 - 100%
.0001 > .0002 on June 17 - 100%
.0001 > .0002 on June 18 - 100%
.0001 > .0002 on June 20 - 100%
.0001 > .0002 on June 21 - 100%
.0001 > .0002 on August 23 - 100%
$PSRU has given significant returns regularly since 2020 - as shown above - for those that maintain an inventory of shares at a variety of price points - to trade continuously on every run opportunity each year - whilst maintaining a core amount for bigger moves on longer term major developments.
$PSRU will remain the #1 Top Profit Pick for me throughout 2024 and into future years for self-evident reasons in this Overview.
I think we can expect more significant buys at any time by traders of $PSRU - as seen on January 18, 2024, March 18-22, March 25-29, August 19 and August 23 - as multiple institutional and EB-5 funding, dilution ending, share cancellations, share buyback, Providence Films, ABA, XMG streaming, NFT and AI developments play out over the coming days, weeks and months ahead.
Every 1M bought at .0002 whilst still available is worth a profit of $15.4K - $154K per 10M - at .0156 - the correct pps for the CEO's projected market cap of $200M - at the current Outstanding Shares count - even before it is reduced further by the planned cancellations and share buyback.
If the float is reduced by 50%, the profits increase to $25.4K per 1M - or $254K per 10M - at .0256.
Social Media / Websites:
$PSRU Valiant Eagle 'X': https://twitter.com/valianteagleinc
$PSRU Providence Films 'X': https://twitter.com/providencefilms
$PSRU Fungy 'X': https://twitter.com/fungynft
$PSRU Providence Film Group Website: https://providencefilmgroup.org/
$PSRU VE Gaming 'X': https://twitter.com/vegamingla
$PSRU Ambush Karaoke 'X': https://twitter.com/AmbushKaraokeTV
$PSRU Ambush Karaoke Website: https://ambushkaraoke.com/
EB5 Affiliate Network [the company $PSRU is using to set up its scheme to raise $50M]: https://twitter.com/EB5AN
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $PSRU in my portfolio throughout 2024 and into 2025 for the long-term, trading some on surges from the bottom up too and reloading on any dips.
VALIANT EAGLE INC. (PSRU) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.