$PSRU Updates / PRs Expected - Updated October 20,
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Posted On: 10/20/2024 5:32:54 PM
$PSRU Updates / PRs Expected - Updated October 20, 2024
The following updates / PRs are expected in the days, weeks and months ahead - last update on item in []:
Share Structure / Reductions / Buybacks
- Agreement with financier to buy back half of the Float [July 31]
- Other share reductions by CEO [April 29]
- Further share buyback with the proceeds from "Zelda" movie [June 24]
- Reason for increase in September [September 18]
$4.5M Receipts From Sale of ABA Assets / Rights
- Next update on use in September 2024 [September 10]
- Possible dividend to shareholders if $PSRU acquires a stake in the company that purchased the ABA assets [September 24]
Providence Film Group (PFG)
- Progress of movies "The Wild Geese" and "Zelda" - releasable information from Producer Brian Oliver [August 26]
- Progress of "Swamp Thing" and "Fists of Fury" - in development phase at last update [June 24]
- Sales agreement with a firm like Netflix or a comparable distributor for "The Knock" - production now complete [June 24].
- PFG partnership with Africa's largest theater chain in the $1 Billion international film market [August 8]
-- PFG films starting to be distributed in theaters across the African Continent 2025 Q1.
-- Start of 6-8 weeks marketing campaign.
-- Expected to be PFG's largest revenue stream - 2025 Q1 results.
- Remake of Mel Gibson's Nuclear Run aka The Chain Reaction [August 29]
- Distribution of the currently owned 12 x classic movies via Skyrocket [June 24]
- Distribution of up to 15 films per year for 5 years via Cote Quest Distribution [March 24]
- Hollywood and African Prestigious Awards (HAPA) aka 'The African Oscars - Executive Producer role and showcasing - Los Angeles October 2024 [March 18]
- "Rise of Taragon" [2025]) - was expect to be completed 2024 Q4 or 2025 Q1 at last update [August 23]
- Projects with 360 Beverley Hills Studios [February 6]
- Film production with Kwetu Film Studio [February 29]
- Further increases of the value of Providence Film Group as each project nears theatrical / television release [August 19]
- Securing further funding for movies via partnership with Traverse Television Networks [March 20]
Cable / Streaming Shows
- "Talk Dental To Me" [series already produced] - distribution deal [July 22]
- Ambush Karaoke - distribution deal and Las Vegas casino show partnership [June 24]
- Reality competition show where winner given opportunity to take their startup public [July 30]
Fungy NFT Marketplace
- Relaunch by early-December 2024 [October 7]
- Release of major NFTs - including by Franchise X artists [October 7]
VE Gaming
- Distribution of games on Buddy Games network of 1.5 Billion phone users -formal licensing agreement [June 24]
- Income from several apps already launched - was described as "substantial" at last update [June 24]
VE Publishing
- Release of a diverse range of new titles by 2024 Q4 [June 24]
Franchise "X" Entertainment
- Further sales of high-end art [$5-figures / $6-figues anticipated] by Belle Aire [July 15]
- Increased profitability of music & audio production - further 15% revenue growth was expected in 2024 vs 2023 [June 24]
- Further commissions to create soundtracks for various films, TV shows and video games [June 24]
- Belle Aire album, EP, single releases [June 25]
- Belle Aire breakthrough role [October 1]
Further Possible Acquisitions
- Beverage company [September 3]
Possible Spin-Offs
- Movies Nuclear Run and Ginger in the Morning [September 5]
AI
- Progress of implementation in operations to streamline processes [June 24]
Note Holders
- Any further agreements with last remaining note holder - at present no conversions until 2025 [June 24]
Sumer Technologies
- $500K convertible note for the sale of stake in Sumer Technologies - may ask for Preferred Shares from a company that acquired the company that acquired from $PSRU [October 2]
- Negotiations to exchange note for shares in company that bought a stake in Sumer Technologies [October 16]
- Announcement of the major hip hop icon hired by Sumer Technologies as a Global Ambassador [October 16]
Reverse Split
- Further confirmation of no reverse split [9th time on June 24]
Uplisting To Higher Tier
- Still planned - progress [June 24]
- Audited financials - progress [June 24]
The following updates / PRs are expected in the days, weeks and months ahead - last update on item in []:
Share Structure / Reductions / Buybacks
- Agreement with financier to buy back half of the Float [July 31]
- Other share reductions by CEO [April 29]
- Further share buyback with the proceeds from "Zelda" movie [June 24]
- Reason for increase in September [September 18]
$4.5M Receipts From Sale of ABA Assets / Rights
- Next update on use in September 2024 [September 10]
- Possible dividend to shareholders if $PSRU acquires a stake in the company that purchased the ABA assets [September 24]
Providence Film Group (PFG)
- Progress of movies "The Wild Geese" and "Zelda" - releasable information from Producer Brian Oliver [August 26]
- Progress of "Swamp Thing" and "Fists of Fury" - in development phase at last update [June 24]
- Sales agreement with a firm like Netflix or a comparable distributor for "The Knock" - production now complete [June 24].
- PFG partnership with Africa's largest theater chain in the $1 Billion international film market [August 8]
-- PFG films starting to be distributed in theaters across the African Continent 2025 Q1.
-- Start of 6-8 weeks marketing campaign.
-- Expected to be PFG's largest revenue stream - 2025 Q1 results.
- Remake of Mel Gibson's Nuclear Run aka The Chain Reaction [August 29]
- Distribution of the currently owned 12 x classic movies via Skyrocket [June 24]
- Distribution of up to 15 films per year for 5 years via Cote Quest Distribution [March 24]
- Hollywood and African Prestigious Awards (HAPA) aka 'The African Oscars - Executive Producer role and showcasing - Los Angeles October 2024 [March 18]
- "Rise of Taragon" [2025]) - was expect to be completed 2024 Q4 or 2025 Q1 at last update [August 23]
- Projects with 360 Beverley Hills Studios [February 6]
- Film production with Kwetu Film Studio [February 29]
- Further increases of the value of Providence Film Group as each project nears theatrical / television release [August 19]
- Securing further funding for movies via partnership with Traverse Television Networks [March 20]
Cable / Streaming Shows
- "Talk Dental To Me" [series already produced] - distribution deal [July 22]
- Ambush Karaoke - distribution deal and Las Vegas casino show partnership [June 24]
- Reality competition show where winner given opportunity to take their startup public [July 30]
Fungy NFT Marketplace
- Relaunch by early-December 2024 [October 7]
- Release of major NFTs - including by Franchise X artists [October 7]
VE Gaming
- Distribution of games on Buddy Games network of 1.5 Billion phone users -formal licensing agreement [June 24]
- Income from several apps already launched - was described as "substantial" at last update [June 24]
VE Publishing
- Release of a diverse range of new titles by 2024 Q4 [June 24]
Franchise "X" Entertainment
- Further sales of high-end art [$5-figures / $6-figues anticipated] by Belle Aire [July 15]
- Increased profitability of music & audio production - further 15% revenue growth was expected in 2024 vs 2023 [June 24]
- Further commissions to create soundtracks for various films, TV shows and video games [June 24]
- Belle Aire album, EP, single releases [June 25]
- Belle Aire breakthrough role [October 1]
Further Possible Acquisitions
- Beverage company [September 3]
Possible Spin-Offs
- Movies Nuclear Run and Ginger in the Morning [September 5]
AI
- Progress of implementation in operations to streamline processes [June 24]
Note Holders
- Any further agreements with last remaining note holder - at present no conversions until 2025 [June 24]
Sumer Technologies
- $500K convertible note for the sale of stake in Sumer Technologies - may ask for Preferred Shares from a company that acquired the company that acquired from $PSRU [October 2]
- Negotiations to exchange note for shares in company that bought a stake in Sumer Technologies [October 16]
- Announcement of the major hip hop icon hired by Sumer Technologies as a Global Ambassador [October 16]
Reverse Split
- Further confirmation of no reverse split [9th time on June 24]
Uplisting To Higher Tier
- Still planned - progress [June 24]
- Audited financials - progress [June 24]
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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