Magnum7419
1 day ago
hell I don't believe your being fair at all look at the filing :"Maybacks is an Over the Air and platform driven television network with channels of various programs that include movies, sports, talk shows and live events, with many of those programs being proprietary content. Maybacks generates revenue through the placement of insert advertisements, revenue share programs, channel access fees and barter.
Maybacks doubled its channel count in the last 12 months from 14 to over 31 channels under the brand iDreamCTV. Maybacks has increased its footprint from 1.5 million households to over 41 million households since being acquired in April of 2023. Maybacks serves over 40 markets with its own proprietary programming. Within the 43 cities Maybacks serve are major markets such as NYC, Los Angeles, San Diego, Miami, Houston and Phoenix to name a few.
Maybacks completed the development of a multi-platform phone application โappโ in May of 2024 known as iDreamCTV. The app allows the user access to all 30 Maybacks โstreaming channelsโ as opposed to just the limited channels broadcasted at the local level at scheduled times via OTA or โOver the Air. The app is available on ROKU, iOS and Android platforms and launched in June of 2024 with 25,000 initial downloads. To date the active users of the app are 91,000.
In addition, Maybacks has signed a co-marketing agreement with ZEASN Whale TV. Whale TV is an operating system (โOSโ) manufacturer with its OS being utilized by over 400 TV manufacturers globally. Whale TV and Maybacks will market the iDreamCTV app and will look to generate ad revenue through digital ads known as Vast Tags. Maybacks and Whale TV will split the revenue on a 70/30 basis to Maybacks favor.
The relationship with Whale TV gives Maybacks access to a global market including China, India, SE Asia, Australia, South America and Western Europe, which will all serve as potential opportunities for Maybacks and Whale TV to create Vast Tag revenue.
There are many Over the Air and platform driven television networks with greater financial resources and experience in running, such as Sling TV, which is owned by DISH Network, as well as many other independent networks. We plan to compete with many firms, including corporations with large divisions, many of these companies have greater financial, technical or marketing resources, longer operating histories, greater brand recognition or larger customer bases than we do and are able to respond more effectively to changing business and economic conditions than we can.
There are no assurances that we will be able to compete against these larger rivals and gain market share. We have realized revenues for the year ended December 31, 2023 and for the three and nine months ended September 30, 2024, and we hope more advertising agreements are signed and more ad impressions are sold to generate future revenue for our company. While these are signs that progress in our company has been made, we are not profitable and still face several challenges, including those presented as โRisk Factorsโ in our Annual Report on Form 10-K for the year ended December 31, 2023.
On June 20, 2023, the Company closed an Asset Purchase Agreement (the โAsset Agreementโ) with Goliath Motion Picture Promotions owned by Priscella Cooper (the โSellerโ). On the Closing Date, pursuant to the Asset Agreement, the Company acquired various full-length motion pictures and serial television shows (the โAssetsโ).
Since execution, however, the fulfillment of the Asset Agreement has not been possible because the Assets could not be entirely conveyed to the Company as intended by the parties. Therefore, on May 10, 2024, the parties entered into an Amended Asset Purchase Agreement, to be effective as of December 31, 2023, to convert the purchase of Assets to a license to use those Assets for a period of 10 years.
As a result of the license of the Assets, the Company is in the process of uploading the 35,000 plus full-length motion pictures and serial television shows to create a VOD, โVideo on Demandโ opportunity to be driven by subscription and/or Vast Tag ad revenue. The Company is currently using the non-tokenized library for content distribution on its own TV Network known as Maybacks.
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Magnum7419
1 day ago
What am I missing ? inApril-june2023 two huge acquistions were made !!!!!
NOTE 6 โ ACQUISITIONS
Maybacks Global Entertainment LLC
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks Global Entertainment LLC, an Arizona limited liability company (โMaybacksโ), and the members of Maybacks. As a result of the transaction, Maybacks became a wholly-owned subsidiary of the Company.
In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Companyโs newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
The Purchase Agreement includes a funding obligation, which requires the Company to provide capital to fund the monthly expenses of Maybacks.
Maybacks is a 27 station network whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. At acquisition date, Maybacks did not have any tangible assets or liabilities.
Goliath Motion Picture Promotions
On June 20, 2023, the Company, closed a License Agreement with Goliath Motion Picture Promotions (โGoliathโ).
On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Companyโs Series D Preferred Stock, par value $0.001 with stated value of $50 per share.
As a result of the Purchase Agreement and the acquisition of the Assets, the Company plans to โtokenizeโ all the titles, namely 14,000 plus full-length motion pictures and serial television shows. The Company is currently using the non-tokenized library for content distribution on its own Maybacks TV Network.
Magnum7419
2 days ago
WOW I had no idea you have been following is stock for almost seven years,,,,,I for applaud your doggie-determination and hope the rest of bench setters take the time as I did and review all your posts related to $AHRO "Note to all This site has allowed everyone to experience all- PREMIUM SERICVES thru to tomorroooooooowso take advantage of their generosity,
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Magnum7419
3 days ago
Authentic Heroes Filling First Orders on Brett Favre Limited Edition Series
Authentic Heroes Expects Multiple Licenses For 202
September 02, 2020 08:30 ET
| Source: Global Fiber Technologies, Inc.
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Flemington, N.J., Sept. 02, 2020 (GLOBE NEWSWIRE) --
Flemington, NJ: Global Fiber Technologies (OTC PINK: GFTX) Inc., through its Authentic Heroes subsidiary, is delivering its first orders on the Brett Favre Limited Edition Jerseys.
Paul Serbiak, Global Fiberโs CEO, stated that โsupply chain issues related to Co"