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CURE ALZHEIMER’S FUND HONORED WITH FUNDRAISER

Alzheimer’s Disease Research Foundation

Cure Alzheimer’s Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer’s disease, is honored to be the recipient of donations raised by the Hamilton and Bowdoin Colleges’ women’s lacrosse teams. The Continentals from Hamilton College @hamiltonwomenslacrosse in Clinton, New York, were hosted by NESCAC rival Polar Bears from Bowdoin College @bowdoinwlax in Brunswick, Maine on Saturday, March 30. The teams joined forces to dedicate their game to raising awareness and contributions for research in honor of those who have been impacted by Alzheimer’s disease. More than $900 was raised for research. “Over the course of their lives, women are more likely to be both caregivers and patients impacted by Alzheimer’s disease,” said Meg Smith, CEO of Cure Alzheimer’s Fund. “These young women inspire us by educating their communities about this relentless disease and our work to end it, and by taking control of their futures and reducing their own risk of dementia through education and exercise.” There are 6.9 million people in the United States—and 50 million people throughout the world—currently living with an Alzheimer’s diagnosis, and experts estimate there may be as many as three times more people living with the disease who have not yet been diagnosed. Both men and women develop Alzheimer’s disease, but two-thirds of all patients are women, and women are frequently the primary caregivers for spouses, partners, parents and others with the disease. “I am grateful to have partnered with my friend, Liz Grote, and her Bowdoin Lacrosse team,” said Patty Kloidt, coach of the Hamilton Women’s Lacrosse team. “She and I, along with members of our teams have experienced loved ones who suffered from this disease. We want our communities to be aware of the Cure Alzheimer's Fund and consider supporting their amazing work. Too many people, including caregivers, are suffering from this horrible disease. Please spread the word about the Cure Alzheimer's Fund and join in the fight for our future generations.” Cure Alzheimer’s Fund is a non-profit dedicated to funding the most promising research to prevent, slow, or reverse Alzheimer’s disease. Since its founding in 2004, Cure Alzheimer’s Fund has provided more than 833 grants to more than 300 of the world’s leading researchers and contributed more than $199 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimer’s disease. Cure Alzheimer’s Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees, and a core group of other donors direct their donations to our overhead expenses so that 100% of general donations go to our research program. For more information, visit https://www.curealz.org/. To learn about the impact of Alzheimer’s on women and women working towards a cure, visit https://womenandalzheimers.org. Contact Details Cure Alzhiemer's Fund Barbara Chambers +1 978-417-9890 BChambers@CureAlz.org Company Website https://curealz.org

April 11, 2024 07:00 AM Eastern Daylight Time

Baron Oil advances gas exploration in Southeast Asia with Chuditch project

Baron Oil PLC

Baron Oil PLC CEO Andy Butler takes Proactive's Stephen Gunnion through progress at the company's TL-SO-19-16 Production Sharing Contract (Chuditch PSC) off the coast of Timor-Leste after subsidiary SundaGas commenced operations for a survey at the planned drilling location for the Chuditch-2 appraisal well. Butler said the old gas field has been reevaluated using advanced seismic technology, revealing significantly larger gas resources than previously estimated. The company is preparing to drill an appraisal well to confirm these findings and perform a production flow test (DST) to demonstrate commercial viability. Baron Oil has funded its exploration through support from shareholders in London, including a recent fundraising event in February, and is actively seeking additional funding partners. While the company has also applied for a license in the 33rd licencing round in offshore UK, Butler said its primary focus remains on Southeast Asia. The company has reported positive government support from Timor-Leste, with the government increasing its stake in the project. Immediate plans include conducting a site survey for the well location and engaging with drilling contractors. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 11, 2024 06:59 AM Eastern Daylight Time

Video

Kincora Copper CEO Sam Spring discusses strategic exploration and partnerships

Kincora Copper Ltd

Kincora Copper Ltd (TSX-V:KCC, ASX:KCC, OTC:BZDLF) CEO Sam Spring tells Proactive's Stephen Gunnion the company looking for partners for its portfolio of assets in the central west of New South Wales, Australia, a region noted for significant copper deposits. Kincora, a copper porphyry explorer and project generator, holds a strategic position in the Macquarie Arc, featuring both early-stage prospects and advanced projects like Fairholme and Trundle, located within a globally significant mineral system with existing infrastructure. The region has witnessed substantial mergers and acquisitions activity, including Newmont's acquisition of Newcrest and Metals Acquisition Ltd's purchase of the CSA copper mine from Glencore, indicating a high level of corporate interest and investment. In December, Kincora secured 100% interest in the New South Wales projects, aiming to attract asset-level partners to fund extensive exploration without diluting shareholder value at the company level. With $1.7 million in cash, Kincora seeks to engage majors or mid-tier companies for this purpose, following successful models of asset-level investment that have generated shareholder value in the region. Regarding its Mongolian assets, Kincora is exploring divestiture options to refocus capital and efforts on its Australian projects, which are the company's core focus. Recent drilling results from the Trundle project and adjacent mineralized systems have been encouraging, with preparations underway for further exploration phases. Investors should watch for milestones including drilling by AI partner Earth AI at the Cundumbul project, advanced negotiations with asset-level partners, and the exploration of additional opportunities. Contact Details Proactive Australia Pty Ltd Proactive Australia Pty Ltd +61 431 597 771 writers.australia@proactiveinvestors.com

April 11, 2024 06:57 AM Eastern Daylight Time

Video

Fah Mai Holdings' UK head says market pullback is an opportunity for buyers

Fah Mai Holdings Group Inc

Fah Mai Holdings Group Inc (OTC:FMHG) UK head and manager of Whisky Bull Auctions Jacob Carter discussed trends in the whisky auction market with Proactive's Stephen Gunnion. Carter noted that over the first three months of 2024, there has been a stabilisation in Scotch whisky prices, while Japanese whisky continues to experience a decline from its peak in April 2022. The bottle market is anticipated to improve and return to its former prominence by September 2024, offering bottle traders more market flexibility compared to cask trading, which requires a longer investment period. Carter said a recent market pullback has created opportunities to purchase rare bottles at lower prices, potentially leading to profits as the market recovers. In line with Fah Mai Holdings' approach, he highlighted Whisky Bull Auctions' policy of transparency and honesty in market dealings to prevent investors and collectors from overpaying or getting stuck with unsellable items. Reflecting on the past 12 months, Carter noted significant fluctuations in auction prices for rare whiskies, with some notable declines in value but an overall slow recovery in prices. He emphasised the importance of honesty and education in the whisky investment and collecting community. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 11, 2024 06:54 AM Eastern Daylight Time

Video

Financial Gravity Announces Appointment of Financial Services Industry Veteran Michael French as Executive Vice President (EVP)

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (OTC: FGCO), a leading provider of innovative financial services solutions, is excited to announce the appointment of Financial Services Industry Veteran Michael French as its new Executive Vice President (EVP). As EVP, Michael will ensure that our advisors and Family Office Directors are equipped to serve their clients successfully in his new role at Financial Gravity. His experience, mentorship, and training will be invaluable. In his prior role, Michael led the investments team at an RIA in Austin, TX. He implemented quantitative-driven portfolio strategies and efficiencies within the investments team and the firm during his tenure. He was also the primary "Investment voice" to the firm's advisors and highest-net-worth clients. Additionally, Michael was responsible for leading both internal training sessions and external presentations. Prior to that role, Michael was the Chief Investment Officer at an RIA in the DFW area. In addition to portfolio creation and maintenance, he was responsible for creating and maintaining a proprietary liability-driven investment solution that automated the creation of investment allocations for clients throughout their retirement journey. In his 30+ year career, Michael has worked under Nobel Laureates and in various financial services capacities around the globe. Michael shared, "I am thrilled to be joining Financial Gravity at such a pivotal time in the company's growth and am excited to be working with a team that shares my passion for finding quantifiable ways to improve client outcomes and bring the family office experience to the mass-affluent market. In my experience, most advisors want to serve clients well but fall short because they are not able to find a platform that allows them to meet certain challenges. The opportunity to solve these challenges and remove these obstacles so that advisors, and ultimately clients, can be successful is a huge motivation. I am confident that my experience will be instrumental in helping Financial Gravity achieve its ambitious goals.” “We are delighted to welcome Michael to the Financial Gravity team,” said Scott Winters, Financial Gravity's CEO. "Michael's proven track record of success in the financial services industry and his deep understanding of the market will be invaluable assets to our company. His appointment underscores our commitment to building a world-class team that can deliver exceptional value to our clients.” Financial Gravity is committed to continuing its growth and success in the financial services industry. We are confident that this increase in assets under management will allow us to better serve our clients and provide them with the high-quality financial services they have come to expect from us. For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

April 11, 2024 06:00 AM Eastern Daylight Time

News Release

Bitget Innovation Zone Adds AI-based Masa Network (MASA) to its Spot Offerings

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, The Innovation Zone now features the listing of Masa Network's native token, MASA, on Spot. Deposits and trading for MASA tokens have commenced, with withdrawals becoming accessible 24 hours after the listing. Masa is looking to build the largest decentralized AI data and LLM network in the world. According to the team users can own, share, and earn from their data and compute to power AI applications. The platform is building an open, incentivized, and private-by-default AI economy. The team states that users own, manage, and monetize personal data, and AI applications are powered by billions of consented users. Masa Network is a two-sided data marketplace that connects data suppliers (users) with data consumers (developers). On the Data Supply side, users contribute and process data to earn rewards. On the Data Demand side, developers leverage Masa's data to build decentralized AI applications. Bitget users can now trade and transact with AI tokens such as MASA with flexible trading features and Bitget Wallet ecosystem. The platform aims to offer a seamless trading experience for its users and continues to innovate and add new features to its platform. Bitget is expanding its product offerings beyond derivatives. Bitget is also listing promising coins in its revamped Innovation Zones on Bitget Spot, aiming to provide users with access to the most trending sectors such as BRC20, SocialFi, GameFi, AI and more. Bitget lists high potential tokens in its innovation zone for spot trading. This provides improved accessibility to emerging DeFi ecosystems. The inclusion of MASA in Bitget's spot helps users engage in the initial launch phases of the trending tokens. Previously under the Innovation zone Bitget has listed high potential Artificial Intelligence-based projects such as Fetch.AI (FET), SingularityNet (AGIX), Render Network (RNDR) and more. Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to participate in popular and valuable projects, the platform is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs, including BTC, ETH, SOL and more. In 2023 alone, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets. For further details on MASA users can visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

April 11, 2024 05:55 AM Eastern Daylight Time

News Release

Bitget Wallet Unveils $200,000 Meme Coin Fiesta Following Its Meme Coin Launch

Bitget

Bitget Wallet, at the forefront of the Web3 wallet landscape, has recently unveiled a meme coin-themed event, showcasing a substantial prize pool of $200,000. This move comes on the heels of the successful launch of its meme coin, MOEW, on the Base mainnet. This experimental token launch marked a bold step in Bitget Wallet's journey towards innovation in the meme coin space. The debut of MOEW last week achieved a surge of over 22,000% within just an hour after its launch. At present, MOEW is held by nearly 100,000 wallet addresses, and its total transaction volume has soared past $120 million. This strong performance not only places MOEW as a notable asset on the Base chain but also highlights Bitget Wallet's capability to stimulate noticeable activity and interest throughout the network. In a bid to build on this momentum, Bitget Wallet has rolled out the 'Game of MEME' event, aimed at deepening market engagement with meme coins. The event introduces a massive airdrop prize pool of $200,000, inviting participants to dive into a variety of activities, from trading meme coins on-chain and engaging on social media platform X to creating meme-themed content. The initiative seeks to harness financial incentives to boost participation and engagement, spotlighting the fun and community-centric essence of meme coins. The narrative within the cryptocurrency industry has evolved towards a more community-focused model, with meme coins at the heart of this shift. Emerging as one of the most lucrative areas in the cryptocurrency market, the popularity of meme coins has spread across various networks. Despite the mixed views on the value and logic behind the rapid ascent of meme coins, the sector seems to continue to be a hotbed for creating significant wealth. Alvin Kan, COO of Bitget Wallet, shared his insights on the company's meme coin strategy, saying, "Bitget Wallet is deeply invested in meme coins, viewing them as not just an exciting asset class but also a cultural phenomenon that encapsulates the financialization of attention and community culture. We're keen on journeying with our meme coin enthusiasts, fostering a deeper connection with the community spirit and culture that meme coins embody." Given that the majority of meme coins originate within community forums and decentralized trading platforms, the significance of Web3 wallets in the decentralized ecosystem has never been more apparent. Bitget Wallet is proactively enhancing its support for meme coin transactions by swiftly integrating with major blockchains, adding new meme coins, and offering comprehensive swap transaction support. Through the issuance of meme coins, launching meme-themed events, and developing specialized product features for meme coin transactions, Bitget Wallet is aiming to cement its position as a leader in the realm of meme coin trading. About Bitget Wallet Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, visit: Website | Twitter | Telegram | Discord Contact PR team media@bitget.com Contact Details PR Team media@bitget.com Company Website https://www.bitget.com/

April 11, 2024 05:25 AM Eastern Daylight Time

News Release

4 Stocks For A Decarbonized Future

VVPR, ARRY, ENLT, SMXT

The whole world is on a decarbonization mission amid rising climate change concerns. In fact, the International Energy Agency (IEA) estimates that this year will bring $1.7 trillion worth of investments in deploying renewable energy and other clean-energy technologies—a new all-time high that follows six straight years of increases. Experts have, however, warned that decarbonization will involve more than just electrifying transportation and using more solar and wind-generated energy. It will also take sustainable agricultural practices, low-carbon manufacturing, green construction and other climate-friendly solutions. This has resulted in a surge of deal-making, as illustrated by the fact that venture capital decarbonisation-related deal value topped $433 billion in 2023, according to GlobalData Net Zero by 2050 report. In addition to that, a number of global funds have shown their overwhelming support for the trend. For instance, the Arab Energy Fund has said it plans to invest up to $1 billion over the next five years in decarbonisation technologies in the Middle East and North Africa For a long time, the only way for investors to get exposure to the decarbonization opportunity was through pure-play industrial carbon capture companies, mostly done in private markets, meaning everyday investors are completely shut out. However, we have identified four companies that could provide an alternative way of playing the increasing decarbonization momentum. As mentioned earlier, one crucial part of the effort to achieve net-zero emissions in addition to carbon reduction strategies is the transition to electric vehicles (EVs), which is where VivoPower International PLC (NASDAQ:VVPR) comes in. VVPR’s flagship subsidiary, Tembo, supplies conversion kits containing all the parts needed to convert a vehicle from an internal combustion engine (ICE) to an electric vehicle (EV). These parts include the batteries, an e-motor, a reduction box, a charger, software, and many other components that make the converted vehicle work safely and seamlessly. Over the past year or so, the EV specialist has been one of the major beneficiaries of the EV transition, especially outside the US. Tembo’s conversion kits have seen significant interest from the market, as illustrated by the company securing a commitment of 5000+ kits and an order pipeline of 10,000+ in the first half of 2023. Those included an MOU in Jordan for 1,000 kits, opening a path to the Middle East, which is the largest Landcruiser market, and a definitive agreement in Kenya for 4,000 kits, providing entry into second-hand vehicle segments, which expands the addressable market considerably. That early success in those markets has validated Tembo’s conversion kits as a viable solution to help in the decarbonization process, and investors are taking notice. VivoPower International PLC (NASDAQ:VVPR) recently announced that Tembo had met all the milestones to obtain the final follow-on strategic direct equity investment pursuant to a commitment received in June 2023 from a UAE-based private investment office backed by a member of the ruling Al Maktoum family of Dubai. Under the agreement terms, the investor had the option to increase their cumulative investment in subsequent closings up to $10 million based on milestones that have now all been met. The follow-on financing values Tembo at $120 million, which means the value per share of VVPR should be approximately $40 per share. VivoPower International PLC (NASDAQ:VVPR) will continue to retain its majority stake in Tembo, which appears to be on track to unlocking even more shareholder value. Tembo recently announced it would be going public via a merger with Cactus Acquisition Corp. (CCTS), a NASDAQ-listed SPAC, at an indicative pre-money equity valuation of $838 million. Here’s a quick breakdown of the deal: VivoPower shareholders get 5 Tembo shares worth $10 each for every share held. Tembo will issue a special dividend of $1 per share, which would translate to an additional $5 per share held for VivoPower shareholders. Even if the Tembo share price upon IPO is only $1, this implies a per-share valuation for VVPR of $25, including the value of dividend shares. At the same time, the company has announced that its board has authorized a capital management strategy, including a stock buyback program, that will allow the company to purchase up to $5 million of its outstanding shares. These share buybacks will be funded using the company’s proceeds from the realization of business and asset divestitures, including spin-offs like the Caret business unit’s portfolio. VivoPower International PLC (NASDAQ:VVPR) stock has performed exceptionally considering that over the past week alone, shares of the sustainable energy solutions company have created new 52-week highs and made investors triple-digit returns. Array Technologies (NASDAQ:ARRY) enables renewable energy companies to harness the sun’s power with patented trackers that drive multiple rows of solar panels and track the sun’s rays for efficient energy generation throughout the day. Though it may sound like a niche product, it has a large addressable market, as illustrated by the fact that tracker demand is growing 30%–40% faster than the rest of the solar industry, according to the company’s November 2023 investor presentation. One of the key metrics for the company’s business is the levelized cost of energy (LCOE), and Array claims to deliver the lowest LCOE for its customer base over an expected 30-year life. Another aspect that makes ARRY appealing from an investor viewpoint is that the company looks set to receive a lot of support from the Inflation Reduction Act since almost all of its materials are domestically sourced. Furthermore, the company is also growing its international presence, as shown by its recent partnerships with companies like Aluminum Products Company to support the increasing market for the renewable energy sector in the Middle East. According to its most recent filings, Array Technologies. generated $1.57 billion in revenue in FY 2023, while adjusted earnings per share for the full year came in at $1.13, almost five times higher than the $0.26 per share it reported in 2022. Enlight Renewable Energy (NASDAQ:ENLT) is an independent power producer (IPP) that builds and develops solar and wind power facilities worldwide. While most of its current plants are in Israel and Europe, the company also has several projects nearing completion in the US. According to its filings, the company has a gross installed capacity of 1883 MW, with a pipeline expected to further install 618 MW and 1500 MWh of capacity by the end of 2025. The company recently reported Q3 2023 earnings, revealing that its revenues grew by 3% YoY, reaching $58 million, fueled by new projects and inflation indexation in PPAs. During the period, the company's net income increased by 35% to $26 million, primarily due to a non-cash benefit of $8 million from the mark-to-market of interest rate hedges related to the Atrisco project. The company’s renewable energy projects have gained solid momentum across Europe, with the company revealing that the European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth $101 million for the construction of a new windfarm in Serbia. The EBRD and Erste will provide parallel loans worth $50.5 million each, including the associated debt service reserve facilities that Enlight will use to develop, construct, and operate the 94-megawatt (MW) windfarm. This project was financed under Serbia’s first renewable energy auction for wind capacity, which took place in 2023, and once commissioned, the Pupin windfarm will be able to supply clean, green electricity to more than 40,000 households. SolarMax Technology, Inc. (NASDAQ:SMXT), through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company's US operations primarily consist of the sale and installation of photovoltaic and battery backup systems for residential and commercial customers and the sale of LED systems and services to government and commercial users, while its China operations mainly consist of identifying and procuring solar farm projects for resale to third parties and performing EPC services primarily for solar farm projects. Last month, the company announced the closing of its initial public offering of 4.5 million shares of common stock at an initial public offering price of $4 per share, raising gross proceeds of $18 million. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) owned by RazorPitch Inc. is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by VivoPower International PLC. to produce and distribute content related to VVPR. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

April 11, 2024 05:00 AM Eastern Daylight Time

News Release

Emerging Entertainment Powerhouse? SportsQuest (OTC: SPQS) and Huayi Cinemas Forge AI-Driven Merger

SPQS

In the landscape of penny stocks, one company has recently caught the attention of investors with its ambitious merger plans and strategic partnership in the burgeoning Chinese AI cinema industry. SportsQuest, Inc. (OTC: SPQS) has set its sights on a transformative merger with a leading Chinese AI theatre company, Shenzhen Huayi Excellent Cinemas Co., Ltd. (Huayi), marking a significant move towards reshaping the entertainment sector. Merger Announcement and Strategic Partnership The journey began in February 2024 when SportsQuest announced its intention to merge with Huayi, a pioneering force in the Chinese cinema industry known for its advanced AI technology and innovative approach to cinema management. The merger announcement highlighted Huayi's impressive track record in cinema operations, boasting a capitalization of $100 million in China and a visionary leadership team with over two decades of experience in movies and cultural development projects. The merger process, outlined in a supplemental filing, emphasized the commitment of both parties to ensure a seamless transition, including compliance with merger laws. SPQS expressed its dedication to supporting the merger process and outlined plans for corporate restructuring, including the appointment of new officers and directors and a corporate name change to better reflect its expanded activities. To provide shareholders and followers with comprehensive insights into the strategic partnership, SportsQuest and Huayi launched a new investor relations website, huayicinemas.net. The Huayi Cinemas Advantage Huayi Cinemas, headquartered in Futian District, Shenzhen, Guangdong Province, China, is a trailblazer in the cinema industry, leading the chain operation of movie theaters with its cutting-edge AI technology. Huayi's core competitive advantage lies in its digital intelligent system technology, which drives efficient cinema management through its "Thousands of Cities, Ten Thousands of Cinemas" large-scale model. By accurately managing resources and data traffic, Huayi achieves seamless operations, positioning itself as a visionary leader in the industry. With a commitment to innovation, Huayi offers a diverse range of products and services tailored to enhance the movie-watching experience. Its Huayi Cinema Chain is renowned for high-quality screenings, offering comfortable seating, advanced equipment, and high-quality services. Additionally, Huayi utilizes AI technology to provide personalized services, optimize marketing strategies, and enhance audience engagement. Huayi's innovation extends to its Huayi Cinema Robot, equipped with digital AI intelligent system technology, enabling automated theater operations and enhancing efficiency. Moreover, Huayi Scent Movie represents an innovative form of movie experience, allowing audiences to experience scents corresponding to on-screen scenes, enriching the viewing experience. Currently operating 12 theaters across major Chinese cities, Huayi is poised for further expansion, with plans to acquire 50 cinemas by the end of 2024 and reach 500 cinemas by 2028. With a dedicated workforce of 139 employees, Huayi is committed to advancing the film industry through innovation and technology, reshaping the future of cinema. Formalization of the Merger As the merger progresses, SportsQuest, Inc. (OTC: SPQS) formalized a Special Purpose Vehicle (SPV) to comply with China's regulatory requirements on March 21. The SPV, designed to isolate risk and facilitate non-dilutive investment, represents a crucial step towards realizing the full potential of the merger. With both parties committed to leveraging AI technologies to enhance the cinema experience, the merger promises to deliver innovative solutions and drive market growth. Latest Announcement: SportsQuest, Inc. (OTC: SPQS) announced that the long-anticipated merger with Huaying Online Film Co., Ltd. has entered its final stages, marking a significant milestone in the company's strategic growth plan. This merger will see the incorporation of Huaying Online Film Co., Ltd. under the SportsQuest umbrella, further diversifying the company's portfolio and expanding its presence in the digital entertainment sector. The newly formed subsidiary, Huaying Online Film Co., Ltd., is set to revolutionize the online film industry with its innovative approach and cutting-edge technology. Leveraging SportsQuest's expertise and resources, Huaying Online Film Co., Ltd. aims to deliver unparalleled entertainment experiences to audiences worldwide. As part of the merger agreement, the corporate structure of Huaying Online Film Co., Ltd. has been finalized as follows: President: Jinbiao Wang: Jinbiao Wang brings a wealth of experience and leadership to his role as President of Huaying Online Film Co., Ltd. With a deep understanding of the industry and a proven track record of success, Wang is poised to drive the company towards new heights. Secretary: Lirong Lai: Lirong Lai will serve as Secretary of Huaying Online Film Co., Ltd., overseeing administrative functions and ensuring compliance with regulatory requirements. Lai's attention to detail and organizational skills make her an invaluable asset to the company. Treasurer: Qianjin Qin: Qianjin Qin will assume the role of Treasurer, responsible for managing the company's finances and ensuring fiscal responsibility. With a keen eye for financial strategy, Qin will play a crucial role in guiding Huaying Online Film Co., Ltd. towards sustainable growth. Director: Yiyuan Cao: Yiyuan Cao, a shareholder of 51%, will serve as Director of Huaying Online Film Co., Ltd. With a majority ownership stake, Cao will play a pivotal role in shaping the company's strategic direction and vision for the future. "We are thrilled to announce the finalization of our merger with Huaying Online Film Co., Ltd.," said the spokesperson of SPQS adding, "This strategic partnership represents a significant opportunity for SportsQuest to expand into the AI film industry and deliver innovative entertainment solutions to consumers worldwide. With a strong leadership team in place, we are confident that Huaying Online Film Co., Ltd. will achieve great success under the SportsQuest umbrella." The merger with Huaying Online Film Co., Ltd. is subject to customary closing terms. Upon completion of the merger, SPQS will provide further updates regarding the integration of Huaying Online Film Co., Ltd. into its operations. Conclusion The merger between SportsQuest, Inc. (OTC: SPQS) and Huaying Online Film Co., Ltd. heralds a new chapter for the company, with potential for promising innovation and growth in the rapidly evolving landscape of AI-driven cinema experiences. Investors keen on tapping into the evolving landscape of AI-driven entertainment may find SportsQuest, Inc. an intriguing prospect in the penny stock market. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by a third party to assist in the production and distribution of content related to SPQS. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://razorpitch.com

April 11, 2024 05:00 AM Eastern Daylight Time

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