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Frontera Group, Inc. (OTC Pink: FRTG) announced plans to acquire 24.9% of Texas G & S Investments, Inc. (TME), a prominent financial service provider in the Texas Rio Grande Valley. The acquisition marks a strategic move for Frontera, aiming to enhance its position in the fintech sector. TME, licensed by the Texas Department of Banking, specializes in foreign exchange and international payment services, proving critical to cross-border transactions. The deal, with financial terms undisclosed, is expected to close in Q1 2023, subject to due diligence. The acquisition is part of Frontera's broader strategy to pursue revenue-generating companies.
Frontera Group (FRTG) will soon launch Mixie AI 2.0, an upgraded media asset discovery solution, aimed at assisting organizations and content creators in efficiently searching vast video repositories. The tool utilizes AI to automatically extract metadata, enhancing searchability for various sectors, including media and security. Its new capabilities allow for improved content recommendations, automation in workflows, and better analysis of security footage. A demonstration will be available shortly, enabling users to interact with the tool.
Frontera Group, Inc. (OTC Pink: FRTG) announced the filing of its annual 10K financial statement for FY2022 with the SEC. Notably, the company recorded its first revenues from royalties linked to the intellectual property acquired from Intellimedia, marking a significant milestone. Frontera aims to enhance revenues through international sales and marketing while pursuing acquisition opportunities. Additionally, the company has taken steps to uplift to a senior exchange, signaling potential growth and increased visibility in the market.
Frontera Group, Inc. (FRTG) has launched its new Mixie Expo 3.0 virtual trade show platform, allowing clients to create engaging virtual booths quickly and economically. This platform aims to tap into the estimated $404 billion online events market, enhancing the accessibility of virtual reality solutions. The platform can be accessed via mobile devices, smart TVs, and popular VR headsets, facilitating interactivity and information gathering. The company is pursuing various acquisition targets to improve profitability in the technology sector.
Frontera Group, Inc. (OTC Pink: FRTG) has partnered with Muziqq, Inc. to develop a new music platform leveraging Frontera's intellectual property acquired from Intellimedia Networks, Inc.. This initiative aims to transform the music industry by providing new business models that benefit artists and fans.
Frontera's Interim CEO, Andrew De Luna, stated that this partnership is a key step in realizing the potential of their IP. The company is pursuing additional revenue-generating acquisition targets to enhance profitability in various industries.
Frontera Group has announced a strategic marketing agreement with consultant Stephen Steen for six months, aimed at enhancing its marketing program and social media presence. Additionally, a five-month agreement with Long Side Ventures LLC will provide guidance on capital market strategies and potential uplisting to Nasdaq, among other services. Long Side will receive $30,000 per month, with the option to be paid in company shares. The company also recently acquired intellectual property from IntelliMedia Networks, appointing new executives to strengthen its team.
Frontera Group has successfully launched commercial sales for its rebranded intellectual property, Immersient, previously known as Mixie. This platform connects various content producers and institutions, offering immersive experiences through a cloud media solution. CEO Andrew De Luna emphasized the importance of this milestone in their revenue-focused strategy. Additionally, Frontera plans to file its 10-K report for the year ending June 30, 2022, and will shift its accounting year-end to December 31.
Frontera Group, Inc. (OTC Pink: FRTG) announced the launch of its Mixie AI 2.0, an automated live video broadcasting solution, enhancing professional-grade broadcasting capabilities. This development follows Frontera's acquisition of Intellimedia Networks, which strengthens its position in advanced media technologies. The Mixie AI solution aims to significantly reduce broadcasting costs while maintaining quality, as demonstrated in recent events like the Cricket AI Tata Open. Frontera aspires to disrupt traditional broadcasting, targeting a broader audience and unlocking monetization opportunities.
Frontera Group recently announced the acquisition of intellectual property rights from Intellimedia Networks for $5 million and 20 million shares of FRTG. This purchase is aimed at enhancing Frontera's capabilities in the immersive technology sector, specifically with the release of Mixie Holoport XR, which has received accolades as a Product of the Year. The company’s CEO emphasized the strategic importance of this acquisition in driving shareholder value, focusing on technology investments that promise innovation and profitability.
Frontera Group, Inc. (OTC Pink: FRTG) announced that its client Domotics Re-Technologies has been recognized by The Close as one of the "Six New Real Estate Tech Companies to Watch Out for in 2022." Domotics has incorporated Frontera's Mixie Holoport 3.0 framework into its offerings, enhancing property showcasing through virtual and augmented reality. This framework allows for immersive, interactive property tours, improving engagement in real estate transactions. Frontera's acquisition of new intellectual property is expected to bolster its technology capabilities.