STOCK TITAN

GREENLITE VNTRS INC - GRNL STOCK NEWS

Welcome to our dedicated page for GREENLITE VNTRS news (Ticker: GRNL), a resource for investors and traders seeking the latest updates and insights on GREENLITE VNTRS stock.

Greenlite Ventures, Inc., known as Game Time Productions, is a prominent player in the sports licensing, merchandising, and media industries. Recently, they secured a multi-year partnership with the New York Jets, expanding their reach in the US and UK markets. With a focus on licensed sports watches and bands, along with developing podcast and media content through Game Time Media, Inc., the company is at the forefront of innovation and growth.

Rhea-AI Summary

Greenlite Ventures (OTC PINK:GRNL) has appointed Mary Pierce as Chief Operating Officer and Executive Vice President. Pierce brings 28 years of leadership experience in gaming and hospitality, having worked with major companies including Sands , Starwood Hotels, Planet Hollywood, Plaza Las Vegas, and Sahara Hotel & Casino. She previously served as COO of a foreign tech company and recently worked with a Tribal gaming company.

The appointment aims to strengthen Greenlite's leadership team and support its growth strategy in licensing gaming and crypto solutions globally. CEO Rafael Groswirt highlighted Pierce's previous contributions as an outside consultant and her potential impact on the company's strategic initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.23%
Tags
management
-
Rhea-AI Summary

Greenlite Ventures (OTC PINK:GRNL) announces plans to deploy innovative software solutions in Q1 2025, focusing on sports betting and Daily Fantasy Sports markets. The company's platform integrates blockchain payment systems, crypto security, and AI-driven sports advisory services. Key features include a 90% reduction in house 'vig' charges and a NoLimitCoin (NLC) token-powered ecosystem. The platform will support multiple services including sports betting, daily fantasy sports, crypto exchange software, and AI-powered advisory services. The system is designed with plug-and-play functionality, allowing global entrepreneurs to customize and operate their own platforms while ensuring compliance with local regulations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.05%
Tags
none
-
Rhea-AI Summary

Greenlite Ventures Inc. (OTC PINK:GRNL) has expanded its leadership team with two key appointments. Wesley Tate, experienced in high-growth public companies, joins as CFO, while Mary Pierce, a gaming industry veteran, takes charge of software compliance. CEO Rafael Groswirt emphasized the company's focus on delivering transformative business and gaming solutions. The company recently appointed poker professional Johnny Chan as Brand Ambassador, strengthening its presence in the gaming industry. These strategic additions aim to position Greenlite Ventures as a leader in AI and innovation within software development for gaming, blockchain, and cybersecurity sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
Tags
management
Rhea-AI Summary

Greenlite Ventures, Inc. (OTC PINK:GRNL) has successfully completed the acquisition of Grin Gaming (GRIN), a strategic move aimed at disrupting the sports betting industry through AI-driven innovation. The acquisition provides GRNL with access to Grin Gaming's AI-powered tools, including in-game platforms and player prop pricing engines, which have generated over $5 million in revenue over the past three years.

GRNL plans to fully integrate Grin Gaming's backend in-play data platform and consumer-facing platforms ahead of a planned Super Bowl marketing campaign. The acquisition also brings in Grin Gaming's expertise in proprietary language processing systems for chatbots and voice-activated software, enhancing user experience on GRNL's betting platforms.

Rafael Groswirt, CEO of Greenlite Ventures, expressed confidence that the combined technologies will set a new standard for sports betting systems and enable the company to capitalize on the evolving sports betting landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
-
Rhea-AI Summary

Greenlite Ventures (OTC PINK:GRNL) has signed poker legend Johnny Chan as a Brand Ambassador for all GRNL products and platforms. Chan will promote the 2025 launch of GRNL's AI Sports Advisory Services and Arbitrage Betting Alerts. He will also feature in gambling podcasts, advertising campaigns, and special events to boost the brand's visibility globally. Chan, known for winning 10 World Series of Poker bracelets and starring in the film Rounders, will appear regularly on the 'Bury Your Bookie' podcast with Jeff DeForrest. Chan will also participate in various media interviews to discuss GRNL's platforms, including the No Limit AI Arbitrage Alerts, a service for premium subscribers to capitalize on AI-detected betting opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.42%
Tags
none
-
Rhea-AI Summary

Greenlite Ventures, Inc. (OTC PINK:GRNL) has signed a non-binding term sheet to acquire IP and establish a strategic partnership with NexGenAI Holding Group, Inc. The partnership includes collaborative efforts in data integration, corporate messaging, and software development, as well as GRNL's pending acquisition of NexGen's SportsBet.ai platform. This platform is set to offer real-time sports data, predictive analytics, and arbitrage opportunities.

The partnership aims to leverage NexGen's infrastructure and database to create a sports betting ecosystem with low player acquisition costs and high retention rates. GRNL will gain access to NexGen's proprietary technology, data network, and AI models. The collaboration also includes marketing support to ensure rapid and effective reach of SportsBet.ai to its target audience upon launch.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
Rhea-AI Summary

Greenlite Ventures (OTC Pink: GRNL) has signed a Letter of Intent to acquire Grin Gaming (GRIN), an AI-driven sports betting technology company. GRIN has generated over $5 million in revenue and raised nearly $5 million in investment capital. The acquisition aims to integrate GRIN's software stack, including in-play data platforms and consumer products, into GRNL's No Limit AI ecosystem by the end of 2024.

Key highlights:

  • GRIN specializes in AI-driven micro markets and player prop pricing engines
  • Integration planned for both B2C and B2B offerings
  • GRIN's LLM and natural language processing capabilities to enhance user experience
  • Revenue generation expected in time for a Super Bowl PR push

The acquisition is expected to accelerate GRNL's AI revenue production and market penetration in the sports betting industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.17%
Tags
-
Rhea-AI Summary

Greenlite Ventures (OTC PINK:GRNL) has released a corporate update following its merger with No Limit Technology Holdings. The company is developing a sports-betting ecosystem using AI technology, blockchain, and peer-to-peer algorithms. Key initiatives include:

1. Launching the No Limit AI Sports Advisory Service for premium subscribers, offering Arbitrage Alerts and real-time statistical updates.
2. Introducing a Daily Fantasy Sports (DFS) platform for the upcoming NFL season, powered by NoLimitCoin (NLC).
3. Launching a decentralized crypto exchange in Q4, modeled after Uniswap's non-custodial DEX.
4. Leveraging existing sports betting podcast networks and licensing deals with brands like Woodway and Bare Knuckle Fighting.

The company aims to achieve low player acquisition costs and high retention rates in the sports betting industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
none
-
Rhea-AI Summary

Greenlite Ventures (OTC PINK:GRNL) has launched No Limit AI, a new business division offering sports betting advisory services. This AI-powered platform provides subscribers with daily picks, in-game betting alerts, and Arbitrage Alerts for guaranteed profits. No Limit AI will be featured on GRNL's "Bury Your Bookie" podcasts hosted by Jeff DeForrest, a prominent sports betting figure.

The company aims to disrupt the $300B sports betting market by combining blockchain technology, cryptocurrency, and AI algorithms powered by NoLimitCoin (NLC). GRNL is currently awaiting the completion of a Finra merger review with No Limit Technology Holdings Inc.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
Tags
AI
Rhea-AI Summary

Greenlite Ventures Inc. (OTC Pink: GRNL) has signed a Reorganization Agreement with No Limit Technology Holdings Inc., a company in the sports betting and cryptocurrency markets. The agreement, pending FINRA review, will result in GRNL acquiring all of No Limit's assets and intellectual property. In exchange, No Limit gains majority shareholder control of GRNL, and its founder Rafael Groswirt will become GRNL's new CEO.

GRNL aims to create a decentralized sports betting ecosystem using blockchain, cryptocurrency, AI, and peer-to-peer algorithms. The company plans to launch a sports betting exchange powered by its own cryptocurrency, the No Limit Coin. This platform intends to offer users financial benefits, including reduced house take and non-custodial wallets for fund control.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10%
Tags
none

FAQ

What is the current stock price of GREENLITE VNTRS (GRNL)?

The current stock price of GREENLITE VNTRS (GRNL) is $0.4592 as of December 20, 2024.

What is the market cap of GREENLITE VNTRS (GRNL)?

The market cap of GREENLITE VNTRS (GRNL) is approximately 100.4M.

What is Greenlite Ventures, Inc. known for?

Greenlite Ventures, Inc., operating as Game Time Productions, is a key player in sports licensing, merchandising, and media, with recent partnerships and developments.

What recent partnership did Greenlite Ventures secure?

Greenlite Ventures recently signed a multi-year partnership with the New York Jets, expanding their market presence in the US and the UK.

What products does Greenlite Ventures specialize in?

Greenlite Ventures focuses on licensed sports watches and bands, in addition to developing podcast and media content through Game Time Media, Inc.

What are some of the recent achievements of Greenlite Ventures?

Greenlite Ventures has made significant strides in the sports licensing and merchandising industries, with a growing presence in key markets.

How is Greenlite Ventures expanding its reach?

Through strategic partnerships, such as the one with the New York Jets, Greenlite Ventures is expanding its reach and offerings in the sports licensing and media sectors.

What is the vision of Greenlite Ventures for the future?

Greenlite Ventures aims to continue innovating in the sports licensing industry, offering unique products and engaging media content for their audience.

Who are some key figures associated with Greenlite Ventures?

Key figures associated with Greenlite Ventures include CEO Adam Pennington and Chairman Russ Elbaum, who have played pivotal roles in the company's recent developments.

What sets Greenlite Ventures apart in the industry?

Greenlite Ventures stands out for its focus on licensed sports watches, bands, and media content, offering a comprehensive approach to sports licensing and merchandising.

How does Greenlite Ventures plan to engage with its audience?

Greenlite Ventures plans to engage with its audience through podcast content, media outreach, and strategic partnerships, creating a dynamic and interactive platform for sports enthusiasts.

What are the core values of Greenlite Ventures?

Greenlite Ventures values innovation, growth, and strategic partnerships, aiming to provide unique and engaging products and media content to their audience.

GREENLITE VNTRS INC

OTC:GRNL

GRNL Rankings

GRNL Stock Data

100.35M
7.21M
Footwear & Accessories
Consumer Cyclical
Link
United States of America
North Las Vegas