BOCA RATON, FL / ACCESSWIRE / July 5, 2024 / SMC Entertainment, Inc. ("SMC" or the "Company") (OTC PINK:SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the execution of a Partnership Agreement ("Partnership Agreement") with NY-based PCG Advisory, Inc. ("PCG Advisory") and an investment agreement ("Investment Agreement") with NY-based ProActive Capital Partners, LP ("ProActive Capital"). Both PCG Advisory and ProActive Capital are owned and controlled by Mr. Jeff Ramson, a career veteran in capital markets. Mr. Ramson has an in-depth understanding of the inner workings of Wall Street and the expertise to make that knowledge work for main street companies.
The Partnership Agreement provides PCG Advisory and its affiliates 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 spot to drive traffic into its platform and control the flow of signups at the same time. PCG Advisory currently holds an institutional size position in SMCE with restricted shares issued in accordance with Rule 144.
The Investment Agreement from ProActive Capital is 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.
Mr. Jeff Ramson stated: "We are pleased to have executed both agreements to further develop and grow SMC's Fintech business model. We believe SMC's latest acquisition of AI-powered trading assets would greatly enhance not only SMC's business growth but also PCG Advisory and ProActive Capital's exposure to one of the hottest markets."
"We are extremely excited to be working with PCG Advisory, ProActive Capital and Jeff's whole team" said Erik Blum, SMC's CEO "We believe that with the launch of the ChainTrade.ai platform, Jeff and his team will be instrumental in helping us achieve our first milestone of 1,000 paid subscribers
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.
PCG Advisory is part of PCG Holdings Inc., a holding company for a network of resources dedicated to the discovery and creation of value in the small and micro-cap equity market that was founded in 2008. All subsidiaries of PCG Holdings are geared toward helping investors identify value where it is not most obvious by facilitating a dynamic flow of information between its clients and the investment community. PCG Holdings' operating subsidiaries also includes PCG Digital which owns, partners with and/or licenses innovative aggregation, distribution, and engagement platforms. PCG Digital reaches thousands of individuals, retail, and institutional investors and stakeholders through its proprietary and extensive distribution network as well as through the use of unique multimedia marketing and audience development techniques. For more information, please go to: www.pcgadvisory.com.
About ProActive Capital Partners, LP
ProActive Capital Partners, LP, is a private investment entity 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 high growth such as Technology and Financial, Healthcare, Energy, and Blockchain Technologies.
About SMC: www.smceinc.com
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.
About Chaintrade: https://chaintrade.ai
Chaintrade LTD is a UK Registered Entity and is affiliated with Red Matter Capital LTD a registered financial service company, with its subsidiary licensed under a securities trading license granted by the Montenegro Capital Market Authority (CMA) Authorized by the law on capital markets by the government of Montenegro.
Press Release Contact:
Erik Blum,
Chief Executive Officer
SMC Entertainment, Inc.
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 third parties. 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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