SMC Posts Audited Financial Statements for Fiscal Years 2021 and 2022
BOCA RATON, FL / ACCESSWIRE / April 25, 2023 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE), an incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is pleased to announce that it has completed and posted its audited financial statements for fiscal years 2021 and 2022.
In preparation for uplisting to a senior exchange, the Company has engaged legal services of a securities attorney to complete and file required documentation to attain reporting issuer status as defined by the SEC. To better reflect its Fintech business plan, the Company intends on filing corporate actions to change its corporate name and ticker symbol.
Per the announcement dated 4/18/2023, the Company has executed a stock purchase agreement to acquire
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"This is an important step and milestone for SMC," stated CEO Erik Blum. "Management continues to execute on its plans to move forward. SMC will be changing its name and ticker symbol to better reflect our new identity. We expect to file Form 10 quickly and begin the up-listing process as soon as possible."
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About SMC Entertainment, Inc.
SMC is a versatile holding company focused on 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.
Press Release Contact:
Erik Blum
CEO
SMC Entertainment, Inc.
Ron Hughes
Chief Operations Officer
ron.hughes.operations@gmail.com
360-820-5973
Safe Harbor Statement
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third-party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
SOURCE: SMC Entertainment, Inc.
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