SMC Entertainment Inc (PK) (SMCE) Quote

You on locoweed?

Too many here remember the Genesis claims which are from the same showmen as Bateau. Price goes down because no one believes Blum anymore.

If you want to find the devil within the details, check his filings trajectory since near before the A.I acquisition. He has kept himself uniform, if you are genuinely interested or concern, study his old fins. None of the convertible notes that were supposed to be expired a year ago, aré dropped. Why? Because he extended them. If you have doubts is because you haven’t reviewed this company and the CEO trajectory well. No just my take, it is general facts. I dont question CEO Blum, because I have learned the way he works and his path view over the years.

For the record: You won’t find any devilish in his files, all clean. The users in this chat, some, not all, are questionable

So the breakdown on total shares for the loi is essentially 882 million shares issuance @ .0017.
442 million restricted. 442 million uncertain on abatement.
Hopefully we will get an answer today I asked on X. I'll post the response if I get one.

https://www.otcmarkets.com/stock/SMCE/security

8k LOI by Feb 15th acquisition.
On January14, 2025, SMC Entertainment, Inc., (the “Company”) entered into a Letter of Intent to acquire 100% of Flax Tech, Ltd, a United Kingdom corporation (“Flax”). Flax is a developing Crypto disruptor company and participates in the creation of a disruption platform for research, AI interaction and trading. The acquisition is subject to the parties executing a definitive purchase agreement by February 15, 2025, (“Purchase Agreement”). The closing of the Purchase Agreement will be subject to the completion of customary due diligence and contingent upon Flax’s completion of PCAOB audited financial statements.



Under the terms of the Letter of Intent, the total consideration to be paid by the Company 100% of Flax would be $3,500,000. The consideration is payable in multiple parts, including a) the issuance by the Company of a convertible promissory note in the principal amount of $750,000; b) 441,176,470 restricted shares of the Company’s Common Stock at a share price of $0.0017, valued at $750,000, and c) $2,000,000 in working capital over the next 24 months based on certain milestones being reached. SMCE may also fund up to $150,000 at closing.

My take given the .0017 strike, convert is issued per acceptance.
Convertible share equivalent on 750k is 442 million share dilution.

https://www.otcmarkets.com/filing/html?id=18122187&guid=Mh0-kKa3gJXDTBh

Well the devil is in the details. There were some but that convertible should be cleared up stat IMO. I asked twice for a simple yes or no on abatement for 2 years. If it comes down to the 8k, hopefully we get that soon. Nobody likes uncertainty, especially given the amount. Just my take.

Wait for the filings. He won’t risk to provide any insider intel over social media. Things too hot lately

Wales, watch it Hombre, before you get kicked out of at the Hombre’s country. Mr. Blum can’t provide details of such over social media. Answering Yes alone, was risky enough. He couldn’t have said anything. Not the first time people ask him questions about FINRA or the techs and he doesn’t answer. You better buy in the low

I highly doubt he would've responded if he was agreeing it would scare investors. Stop trolling.

You’ve been played Hombre. EB replied “Yes” to agree this will scare investors.

Hardly a clear answer which is why I asked for clarity and asked him to elaborate. I'll post the response if I get one. Should be easy to clear up if there's no their their..

Sure!!!! That’s what I like, provide solid evidence!!! This agent popped the question and CEO answered

https://x.com/vaden365/status/1883949420976431147

Thank you. I found it and found the one word response. I asked him if he could elaborate on the specific meaning regarding restricted. Upon acquisition completed? 2 year abatement etc. I'll post the response if i get one.

Sorry, just go to Erik Blum's profile on X and click the Replies tab. You'll see it there. The question is from Kris, and he asks "Is the convertible note in your recent 8k going to be restricted? This will scare investors." Blum's response is just a simple "Yes"

Unable to access/log in. I asked corporate directly. I'll post a response when I get it.

https://x.com/Fyntechnical_Ai/with_replies

As i said, I monitor but haven't seen the convert topic verified as a lock for 2 years
Https://x.com/SMCE92539883?t=L5SSlivXyx0zjFPv-x555w&s=09

Link on confirmation please. I follow on X and haven't seen it.

I've seen no such confirmation or communications on X. Can you provide the communicated link? Would be good to have this topic resolved by corporate.

Nope the convertible will be restricted. He said on X yesterday

CEO Confirmed convertible locked in. No such thing. Please check X

Maybe, or just stop losses being triggered.

Convertible being exercised?

Yup!!! I am just laying down here and waiting for such assured time. Best and easiest money made: FYNN!!! So silly those who didn’t see this coming. And now DT embracing Crypto, we are going to be landing on the moon soon

It's coming (: 🛥️

Holding strong in SMCE-FYNN . Side liners seen them before many many times. The whine will come when the skyrocket leaves. Them chasing the higher prices…

Big vision with little delivery. Sketchy language on the recent acquisition regarding the convertible. Sidelined here.
Just my take.

Bateau has not closed.

Let's just agree to disagree. We've shared different analysis on the 8k.
Last post response on the subject.

If you don’t have tick skin to take facts as it is, I am sorry for that mate. What details are you talking about? CEO provided enough!!! You have to learn your craft

Reading and comprehension mate. Condescending and patronizing eh? The details aren't included. Possibly upon completion, the specifics on each part of the acquisition will be specified in detail.
Carry on...mate.

No the place for teaching. Neither the time. Not insults mate, you gotta learn your craft. IT IS BUENO

I've read the 8k. Terms on the convert are not clearly defined. Spare me the insults. If I've missed it, then point out where it specifies a 2 year lock up.
Tia

I don’t think they need to clarify beyond. What I do believe is that you need to practice on understanding such more. I only want to know who has it, what is the time frame of the unlock and at what price. Not sure what you mean on need to clarify more on such. None sense

For you? Because I don’t see any issues with a locked 2 year convertible. By the time we get there, do you really believe we won’t be at the dollar land? Or even better, do you believe the owner of the convertible won’t wait until the best PPS opportunity? Think deep mate

It is chess being played, not checkers

Didn't read that part. Reason why they need to clarify the details on the convertible.

After 24 months, right?

Corporate should provide details on that convertible. That's a lot of dilution shares.
Just my take.

I don`t disagree with your premise. But it is still old news. Its already baked into the stock price. And it did nothing to move it up, so there`s that.....

Big convertible. No Bueno IMO.

You won’t see Bateau passing on hands, you are so silly. It is under our umbrella but it will be ran under same management, etc. All normal in Australia. That acquisition isn’t the same as chantraider or Flax full acquisition. You gotta learn how to read well, it will save you waste of hours on silly DD wrong made. 🤣

Your head of steam has a burst boiler Hombre. The closing of Bateau is false. Government agency records in Australia (asic.gov.au)confirm that Bateau has not changed hands, management or shareholders, the Trustee in control of the Bateau fund is still the same.
Post on Chaintrade is on the way on the Pony Express too, it’s going to be interesting.

8K provides legitimacy of such news. It is official and sealed in the 8K. It is not important unless you and others are the kind that get sold in the news from just a PR. The guarantee or at least the assurance, is at the SEC or OTC fillings

Old news! Price is still going down! POS!!!

Fillings 8K January 23rd: KNOW WHAT YOU OWN!!! Diamond hands

https://www.otcmarkets.com/filing/html?id=18122187&guid=eJ0-keCfOs_WJth

Maybe a blue sky in hell.

Really?

RIP

What happened to the "blue skies"?
Doesn't look so blue anymore. LOL

Is it going to replace this https://flaxbit.com/ with https://chaintrade.ai/?

I believe the Name change is needed to run higher