Invesco Next Gen Media and Gaming ETF V.PBS

Primary Symbol: GGME

The investment seeks to track the investment results (before fees and expenses) of the Dynamic Media IntellidexSM Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of common stocks of U.S. media companies. These companies are principally engaged in the development, production, sale and distribution of goods or services used in the media industry. The fund is non-diversified.

ARCA:GGME - Post by User

Invesco Next Gen Media and Gaming ETF

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Post by Thedondomon Feb 25, 2020 4:41pm

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Post# 30732787

Pacgen sued for alleged default under distribution deal

2020-02-25 14:26 MT - News Release

An anonymous representative of Deserving Health reports

DESERVING HEALTH INTERNATIONAL CORP. AND DERMAMED PHARMACEUTICAL INC. ANNOUNCES CORPORATE UPDATE

Deserving Health International Corp. and DermaMed Pharmaceutical Inc. have begun legal action in the Supreme Court of British Columbia against Pacgen Life Sciences Corp.

On May 12, 2017, the defendant entered an exclusive commercial right to DermaMed and Deserving Health. The named plaintiffs claim Pacgen has defaulted on the performance under the distribution agreement and is seeking general damages and special damages.

The named plaintiffs have no guarantee of succeeding and no estimate of when this matter will be resolved; however, the management is committed to vigorously pursuing this matter to protect the company's investment and intellectual property.

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