SMC Entertainment Announces Company Name and Business Strategies Branding
San Francisco, CA -- July 29, 2019 -- InvestorsHub NewsWire -- SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), a provider of wireless communications services, digital content, and media distribution solutions, is pleased to announce that it’s taking initial steps to change its corporate name as it refocuses its business strategies in wireless media and digital content services.
In-light of the recently announced Letter of Intent to acquire FiberSKY Networks, Inc., SMC’s management team and board of directors have decided to change the Company’s name to FiberSky Corp. To that end, the Company’s securities attorney is in the process of submitting required regulatory documentation for the corporate name change and an application for a new stock trading symbol. The Company will be launching a new website under the domain name www.fiberskycorp.com. Moving forward, FiberSky Corp. will be the parent of existing and future subsidiaries.
FiberSKY Networks, Inc., soon to be a wholly owned subsidiary of the Company, has submitted a trademark application to the U.S. Patent and Trademark Office to trademark FiberSKY. The application was assigned serial number 88513143.
“We believe SMC’s rebranding will better reflect our expanded business plan and vision of where we want to be,” said Rick Bjorklund, President and CEO of SMC. “We also want to thank our loyal shareholders who have been patient to see our growth as we continue to look for complementary partnerships and potential acquisitions.”
About SMC Entertainment, Inc.
SMC Entertainment Inc. is a provider of wireless communications services, digital content, and media distribution solutions. For more information, please visit us at www.smcemedia.com.
SMC Entertainment, Inc.
Safe Harbor Statement
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, members of its management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.