SMC Entertainment Inc (PK) (SMCE) News

I nailed it .0035

I am sorry, typo. But these shares on 06/30 don’t get diluted in one day. It takes time, it could be being diluted them still in the high, and yes, panic sell also involved

This is a great company tho but Rome wasn’t built in a few days. This will take time and if people are expecting immediate gratification, ouch, this one will make lots of pain

It’s the combination of ….

minor dilution & people selling in fear of hearing

the D word, could be a great bargain if someone

figures out the bottom

Good luck to all

Now .0032 by .0035. More proof charts don't work in the OTC. It's all guesses. and as usual any PR, filing or even some social media posts blows any chart out of the water. As always. The OTC is all event driven.

Under .005 is a gift here imo!

Yes & no….:.

one restriction expires on 6/30 & the next expires

on 9/30…….(not 7/30)

Good luck to all

Stop speculating and read the Financials!!! Please!!! Check page 9 out of 26 at the bottom. You’re welcome, this time is for free. Next time I will charge you a fee. This debtor is cashing out little by little

https://www.otcmarkets.com/otcapi/company/financial-report/386196/content

There is no dilution. None of that! It's just retail freaking out.

Why is ASCM sitting at .0049 then? Retail panicking! He uses these scare tactics so he can load cheaper!

All true but they never mentioned the last quarter filling debt maturing on 07/30/2024, 100M this debtor will cash in. I think he was given this in triple digits. Imagine what he is going to do when he finds PPS on 0.003!!! He will pour all in and will quadruple his money on our PPS dilution

Debtor cashing out accordingly. Since 06/30, more than 50M shares in. Another coming on 07/30, 100M shares in. This could reach lower double digits… Anyways, more cheapies. You guys shall be happy, take advantage of this opportunity, correction could be a bitch or very lovely if gotten on the right side of the wave

SMC Announces Corporate Update for June & July 2024
Press Release | 07/16/2024
BOCA RATON, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK: SMCE), a holding company that engages in acquiring and supporting proven commercialized services and technology companies in Fintech, announced today the following corporate updates.

“These have been busy and productive times at SMC. We have successfully hit several milestones, starting with reducing debt and the shares outstanding. We have increased insider ownership, completed the SEC review of our Form 10, engaged a new auditor, applied for a name and symbol change, hired an institutional advisory firm, closed on a generational platform without dilution, successfully launched FYNN-AI, and engaged the Chaintrade.AI Advisor subscription model. We are now working towards the full integration of all our products onto our Platform,” stated Erik Blum, CEO of SMC Entertainment.

July 2024 Corporate Updates

Debt Reduction Progress:
SMC announced the retirement of $879,759 combined debt. On July 10, 2024, the Company retired $436,884 of debt. The Company previously announced on June 14, 2024, the retirement of $442,875 of debt. These will be reflected in the second quarter and third quarter of the Company’s 2024 financial statements and disclosures.

Management Ownership:
As part of our debt reduction activities, officers and management elected to convert $218,500 of their accrued and owed earnings into restricted shares, issued in accordance with Rule 144.

Enters Partnership with PCG Advisory Inc:
Announced on July 5, 2024, SMC entered a strategic partnership with PCG Advisory and its affiliates for the right to market and resell SMC's AI-powered products and services through its extensive investor network. The collaboration allows PCG Advisory to be in a lead position to drive traffic to the Platform and control the flow of new signups simultaneously. PCG Advisory currently holds an institutional size position in SMCE with restricted shares issued in accordance with Rule 144.

New Investment Agreement with ProActive Capital Partners, LP:
Announced on July 5, 2024, SMC entered an Investment Agreement with ProActive Capital in the form of a $35,000 convertible note with a fixed conversion price of $0.002 per share and a term of 12 months. The proceeds will be used for working capital.

June 2024 Corporate Updates

Successfully Acquired ChainTrade:
SMC has purchased 100% of ChainTrade’s assets. ChainTrade is a UK-registered Fintech company that has developed a revolutionary Artificial Intelligence (AI) powered platform that allows users to trade Equities, ETFs, Commodities, and Indices with the support of an AI trading assistant. The platform allows users the ability to personalize and customize their investment strategies by employing AI to evaluate assets within a portfolio. This acquisition allows SMC to expand its offerings with two separate verticals that are currently being integrated into the SMC portfolio of products: ChainTrade.AI for use in the USA and ChainTrade.Pro for use internationally.

In June 2024, Chaintrade.AI successfully launched.

Successfully Launched FYNN-AI on the Chaintrade.AI Research Advisor Platform
FYNN-AI is our interactive AI research tool. It is currently available with a 14-day trial with subscriber membership. Management expects this to be a cornerstone component of the Chaintrade.Pro platform.

Chaintrade.Pro platform
SMC is also working on the development of the Chaintrade.Pro platform. Once completed, the platform will offer real-time access to all quotes, including crypto, news, analytics, research, our AI Advisor, and commission-free trading for $99.

Fyniti Global Equities EBT Inc. ("Fyniti") Product Development:
Fyniti, a wholly owned subsidiary of SMC, is a Fintech developer and provider of technologies that combines Artificial Intelligence/Machine Learning (AI/ML) driven quantitative investing (IQ Engine) with AI-enabled wealth management, and Electronic Block Trading ("EBT") technology. Fyniti's EBT platform development is focused on democratizing Basket Trading and maximizing Tax Loss Harvesting. To that end, Fyniti's development efforts are focused on creating customized personal indexes and leveraging trend investing. The potential market for trend investing and tax loss harvesting through AI/ML-based algorithms as a sector is projected to generate significant fees and presents a fantastic opportunity for using AI/ML driven portfolio management.

Corporate Name and Trading Symbol Change Status:
On June 20, 2024, SMC requested a corporate name change from SMC Entertainment, Inc. to "Fyntechnical Innovations Inc." Along with this, the Company requested changing the stock trading symbol from "SMCE" to "FYNN" to follow suit. The Company has reserved the name Fyntechnical Innovations Inc. with the Nevada Secretary of State, and the Company has reserved a new domain name that will host its new website, www.fyntechnical.com. There are no guarantees that change will be approved by the Financial Industry Regulatory Authority (“FINRA”). SMC will provide an update when FINRA responds.

Review of Form 10 Complete:
On June 10, 2024, SMC was notified that the Securities and Exchange Commission (the "SEC") had completed the review of the Company’s Form 10-12G. The Company is current in its SEC filings and is a fully reporting filer under the Securities Exchange Act of 1934.

Share Cancellation:
On June 7, 2024, SMC announced the cancellation of 250,000,000 shares of its outstanding Common Stock representing a 17% reduction of Outstanding Common Shares.

New PCAOB-Registered Independent Auditor Engaged:
In June 2024, the Company engaged RBSM, LLP ("RBSM") as its independent registered public auditor for the fiscal year ended December 31, 2024, effective immediately.

“We continue to work diligently on deploying a best in class, global DeFi platform correctly. What differentiates SMC is our strength that comes from assembling a diverse team of experts to help execute and realize our vision. When fully deployed, our global trading platform will have real-time quotes on all exchanges including Forex, Crypto, News, and Charts. Once fully developed, our FYNN-AI Advisor, integrated with Fyniti’s customized trading indexes, will be offered to subscribers with commission free trading, all for $99 a month. This a true milestone achievement,” comments Erik Blum, CEO of SMC Entertainment, “We will continue to deploy domestically. On the international front, our plan is to leverage the trading platform with our On Chain capabilities and target the most progressive crypto markets globally for deployment, starting with India, Singapore, Canada, UK, and Australia. As always, we actively seek potential acquisitions that create greater shareholder value. I want to thank our shareholders for their patience and continued support. We continue to work diligently to increase shareholder value and create a solid foundation to move forward.”

About SMC Entertainment, Inc.
SMC Entertainment, Inc., is a versatile holding company that is focused on the acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.

About ChainTrade LTD
ChainTrade LTD, is a UK Registered Entity and is a joint Venture between Plato Data Intelligence and Redmatter.Capital., a registered financial services company, with its subsidiary granted a securities trading license by the Capital Market Authority of Montenegro. ChainTrade's AI research tools will enable investors to analyze thousands of data points including live price data, performance, investor sentiment, fair value, and risk factors simultaneously. These features enable the ChainTrade AI Research tool to provide timely insights to investors, which in turn will allow them to make informed decisions on optimizing their portfolio performance.

About Fyniti Global Equities EBT, Inc.
Fyniti Global Equities EBT, Inc., a wholly owned subsidiary of SMC, is a Fintech platform developer founded by veteran Wall Street technologists and investment bankers who worked for Goldman Sachs, JP Morgan Chase, Bank of America (Merrill Lynch) and Citigroup. Fyniti has a clear focus on developing disruptive technologies in the Wealth Management and capital markets domains. Fyniti owns the IQ Engine and EBT Technology which combine to provide AI driven. For more information, click the following links: (www.fyniti.com, www.fynitiiq.com).

About RBSM, LLP ("RBSM")
RBSM LLP, is a certified public auditing firm with operating offices in major cities in the United States, Europe & Asia. The firm provides professional accounting, auditing and tax services to several publicly traded companies as well as privately held businesses.

About PCG Advisory:
PCG Advisory, is a leading investor relations firm dedicated to the delivery of top-tier strategic services that encompass investor relations, capital markets navigation, digital strategies, and corporate communications for innovative and emerging companies from around the globe. PCG Advisory has extensive experience with life sciences, technology, and other emerging growth companies. For more information, please go to: www.pcgadvisory.com.

About ProActive Capital Partners, LP
ProActive Capital Partners, LP, is a private investment firm managed by Jeff Ramson. Specializing in investing in asymmetrical opportunities, the fund is anchored in over 30 years of identifying and investing in disruptive innovations with the power to revolutionize the global economy. Leveraging its versatile investment model, ProActive Capital identifies management teams, businesses, and sectors of emerging growth such as Technology and Financial, Healthcare, Energy, and Blockchain Technologies.

Press Release Contact:
Erik Blum
Chief Executive Officer
SMC Entertainment, Inc.
Cee@Jwprice.com
360-820-5973

What happened with this stock?

Bid
$0.0036

Ask
$0.0039

It is getting real, also market manipulation is going out of control

And tomorrow is Tuesday sell off

.0035 is the bottom they like it at.

Then repeat.

Yes you can make money off your brothers that believe this BluM chet is real but people wise up like now and the $$$ dries up

Been here before

.0037 BOTTOM NOT IN YET AS OWNERS RAISE CASH

LMAO who panic sold at .0039

Again, I think you are angry because things not working the way you expected. Blum is a businessman, this is OTCM!!! This is a Fintech holding company, it takes time to build base on something like this. Look all the filings submitted lately, they’re aiming big and a major index upgrade. The AI is the golden egg in here, and the dumps in the PPS have been, majorly due to debtors cashing out. 07/30/24 there another one with 100M shares that will dilute us for sure. Nothing to do with CEO intentions, if he wouldn’t care, he would have used the common shares to pay Chaintrader! Think about this, instead he used preferred B to protect us and himself. He is the highest common shareholders holder. If we lose, CEO and insiders lose more. Check the outstanding shares structure. Insiders got more that retailers. This is also assurance that not R/S will happen, unless it’s for the sake of the company

SMCE READY FOR .0036

One PR can take this to penny land.

The symbol change will be very soon.

No CEO Erik BluM is a scam period. IMO
Playing everyone since 2021 here.

What real money is going to use his platforms where he gets the inside info on you all. LOL

He’s a known manipulator barred from trading
Now a CEO of a trading platform. Okaaay.

Break ATH .017’s and I’ll believe
Hold .007’s, it won’t as I said last month.

.0035 is the base he likes and washes and repeats, rinse and repeats

With $SMCE- huge gift here .004-.0045 + pps

There is no way this stays down here. Several factors caused this last week among others profit taking and debt sellers.

That being said - the value proposition here is too high for the current pps and I suspect we will see .006-.007 + here again over the next week.

Chaintrade has too much value imo

Outstanding Shares = 1,284,701,483 Shares as of 07/08/2024
https://www.otcmarkets.com/stock/SMCE/security

SMC Completes Asset Purchase of UK-registered ChainTrade Ltd.’s AI-powered Trading Platform
https://www.otcmarkets.com/stock/SMCE/news/story?e&id=2897240

Playing me? Hahahahahahaha I wish. Look, just because you don’t know how to read the fins, you don’t get to call this a scam. I understand you bought high but don’t get disgruntled over such, it happens to best of the tickers. This is OTCM, it is all a gamble. For the record, SMCE is based and always will be based in FL, so not sure what you talking about it is a scam due to location. The AI purchased is real and they paid 2.5M shares in preferred B stocks at $10 per share. Think about this, $25M for the sale. The seller must believe on this company to give his company at a price it hasn’t reached yet. Yes, there are debtors diluting, 06/30 was one diluting millions of shares and 07/30 mature another one with 100M more. But it is normal in all these companies. You just gotta know what and when you are getting into.

Will it continue going down? Potentially, with these shares converted, it probably keeps going down the hill at 0.0030 ish

They can’t monetize this until FINRA approves it, so I heard it takes like up to 180 days for such. Name change and ticker submitted. Yes, the downtime and silence time the company will go into, won’t help the PPS, it will tank. Diamond hands

A lot of shareholders are buying this silently.

Under .005 is a gift here imo!

I do know about you but I've made good money here

Erik BluM is playing you

How many bought up above .005?

I said .007’s was Blums top tipping point here.

Nothing changed from 2021 same BluM Boca Raton FL scam play as usual

I’m curious. You made a ton of what here?

Erik BluM on dumb

We made a ton here well I did, but thank you for trying to teach others your BS

Nothing like this one mate. Also check their year revenue in 2023 year. Chaintrader is amazing

The fins are being dropped accordingly, this CEO means serious business moving forward. I am adding in the DIP next week. I hope it drops harder so I can buy the cheapest possible

Why. because they have a trading app? There are many out there now....some are free

I've made some good money trading this one, what's your problem.??

Can't lose now with free shares! Holding my 48 ave here for .0115, then .015 easy! Look around, OTC is coming back!

Follow and learn the hard way with SMCE

You really have no idea on what you are talking about do you?

How many scams like this one this year?

Grab some more bags, space them out

One can always say that the Devil made me do it

SMCE is the current one!!

.0075 you are absolutely right!!!

SMCE heading back home....

That is the spirit!!! I will add again in the DIP next week when my money clears. Probably the chart master will be accurate this time, in the mid or high 0.0030ish next week. I cant wait

ADDED AGAIN AND AGAIN ... ;)

SHARE HOLDINGS: 33,043,502 STRONG SHARES

SMCE

If this goes under.0040 I will buy 6 million shares... I'm ready for it!!!

Good call. Congrats!

PS. I like 0040's 😁

I think so to .

Yup, as expected 0.00484, more to come down

If that is the way you think of such, you are in the wrong field. You forgot that this Market comes to a basic principle of hands to hands transactions. For you to win money, someone else must lose. If you do not agree with such, then please enlighten me. Nobody is a saint in here, I think you are confused... Maybe you were referring to yourself when looked at your reflection. You shouldn't, this is not a monastery, this is a competition and nobody is friendly, last men standing

And here we are !

Load the cheapies! Soon these prices will be gone for good! Pennies coming!!

POS!!

And I'm not talking about the stock!

fake bottom...

Owners are not dumping! Stop with the lies!!

You guys must be so pathetically miserable with your life to get a thrill out of
People losing money! So disgusting.