SMC Entertainment (SMCE) has issued an update.
SMC Entertainment, Inc. has significantly reduced its debt by retiring $442,875, with CEO Erik Blum converting accrued consulting fees into over 60 million shares, signaling strong confidence in the company’s future. This financial maneuver, which will appear in the second quarter financial report, underscores management’s dedication to the company’s health and solidifies the CEO’s investment, now holding nearly 285 million shares. The press release also contains forward-looking statements, cautioning that actual results may vary from current predictions.
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