Greenlite Ventures Signs IP Acquisition LOI With NexGenAI
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.
Greenlite Ventures, Inc. (OTC PINK:GRNL) ha firmato un accordo di non obbligo per acquisire la proprietà intellettuale e stabilire una partnership strategica con NexGenAI Holding Group, Inc. La partnership include sforzi collaborativi nell'integrazione dei dati, comunicazione aziendale e sviluppo software, oltre all'acquisizione in corso da parte di GRNL della piattaforma SportsBet.ai di NexGen. Questa piattaforma è progettata per offrire dati sportivi in tempo reale, analisi predittive e opportunità di arbitraggio.
La partnership mira a sfruttare l'infrastruttura e il database di NexGen per creare un ecosistema di scommesse sportive con costi di acquisizione dei giocatori bassi e alti tassi di fidelizzazione. GRNL avrà accesso alla tecnologia proprietaria di NexGen, alla rete di dati e ai modelli di intelligenza artificiale. La collaborazione include anche supporto marketing per garantire un rapido ed efficace lancio di SportsBet.ai al suo pubblico target.
Greenlite Ventures, Inc. (OTC PINK:GRNL) ha firmado un acuerdo de términos no vinculantes para adquirir propiedad intelectual y establecer una asociación estratégica con NexGenAI Holding Group, Inc. La asociación incluye esfuerzos colaborativos en integración de datos, mensajería corporativa y desarrollo de software, así como la adquisición pendiente por parte de GRNL de la plataforma SportsBet.ai de NexGen. Esta plataforma está diseñada para ofrecer dati sportivi en tiempo real, análisis predictivos y oportunidades de arbitraje.
La asociación tiene como objetivo aprovechar la infraestructura y la base de datos de NexGen para crear un ecosistema de apuestas deportivas con bajos costos de adquisición de jugadores y altas tasas de retención. GRNL obtendrá acceso a la tecnología propietaria, red de datos y modelos de IA de NexGen. La colaboración también incluye apoyo de marketing para asegurar un alcance rápido y efectivo de SportsBet.ai a su público objetivo al momento de su lanzamiento.
그린라이트 벤처스, Inc. (OTC PINK:GRNL)는 넥스젠AI 홀딩 그룹, Inc.와 지적 재산권을 인수하고 전략적 파트너십을 맺기 위한 비구속 약정서를 체결했습니다. 이 파트너십에는 데이터 통합, 기업 메시징 및 소프트웨어 개발에 대한 협력 노력과 GRNL의 넥스젠 SportsBet.ai 플랫폼 인수가 포함됩니다. 이 플랫폼은 실시간 스포츠 데이터, 예측 분석 및 차익 거래 기회를 제공할 예정입니다.
이 파트너십은 넥스젠의 인프라와 데이터베이스를 활용하여 낮은 플레이어 획득 비용과 높은 유지율을 가진 스포츠 베팅 생태계를 만드는 것을 목표로 하고 있습니다. GRNL은 넥스젠의 독점 기술, 데이터 네트워크 및 인공지능 모델에 접근할 수 있게 됩니다. 협력에는 SportsBet.ai의 출시 시 목표 청중에게 신속하고 효과적으로 도달할 수 있도록 마케팅 지원도 포함됩니다.
Greenlite Ventures, Inc. (OTC PINK:GRNL) a signé une feuille de termes non contraignante pour acquérir la propriété intellectuelle et établir un partenariat stratégique avec le NexGenAI Holding Group, Inc. Le partenariat comprend des efforts de collaboration en matière d'intégration des données, de communication d'entreprise et de développement logiciel, ainsi que l'acquisition en cours par GRNL de la plateforme SportsBet.ai de NexGen. Cette plateforme est conçue pour offrir des données sportives en temps réel, des analyses prédictives et des opportunités d'arbitrage.
Le partenariat vise à exploiter l'infrastructure et la base de données de NexGen pour créer un écosystème de paris sportifs avec des coûts d'acquisition des joueurs bas et des taux de fidélisation élevés. GRNL aura accès à la technologie propriétaire de NexGen, à son réseau de données et à ses modèles d'IA. La collaboration inclut également un soutien marketing pour garantir une portée rapide et efficace de SportsBet.ai auprès de son public cible au moment du lancement.
Greenlite Ventures, Inc. (OTC PINK:GRNL) hat ein nicht verbindliches Term Sheet unterzeichnet, um geistiges Eigentum zu erwerben und eine strategische Partnerschaft mit der NexGenAI Holding Group, Inc. einzugehen. Die Partnerschaft umfasst kooperative Anstrengungen in der Datenintegration, Unternehmenskommunikation und Softwareentwicklung, sowie den bevorstehenden Erwerb der SportsBet.ai-Plattform von NexGen durch GRNL. Diese Plattform soll Echtzeit-Sportdaten, predictive Analytics und Arbitrage-Möglichkeiten bieten.
Das Ziel der Partnerschaft ist es, die Infrastruktur und die Datenbank von NexGen zu nutzen, um ein Sportwetten-Ökosystem mit geringen Kosten für die Spielerakquise und hohen Bindungsraten zu schaffen. GRNL wird Zugang zu NexGens proprietärer Technologie, Datennetzwerk und KI-Modellen erhalten. Die Zusammenarbeit umfasst auch Marketingunterstützung, um eine schnelle und effektive Reichweite von SportsBet.ai beim Start zu gewährleisten.
- Acquisition of NexGen's SportsBet.ai platform, expanding GRNL's offerings in the sports betting market
- Access to NexGen's proprietary technology, vast data network, and AI models
- Potential for low player acquisition costs and high retention rates in the sports betting industry
- Collaborative marketing efforts to maximize product awareness and reach target audience quickly
- Non-binding nature of the term sheet, indicating the deal is not yet finalized
- 45-day due diligence period, which could potentially delay the acquisition process
LOS ANGELES, CA / ACCESSWIRE / September 26, 2024 / Greenlite Ventures, Inc. (OTC PINK:GRNL) has announced the signing of a Non-Binding term sheet to acquire IP and establish a "strategic partnership" with NexGenAI Holding Group, Inc. and its affiliated entities ("NexGen"), a cutting-edge platform utilizing AI in areas such as disruptive marketing, social media, and brand awareness programs. The Strategic Partnership calls for immediate collaborative efforts in data integration, corporate messaging, data sharing and software development, as well as GRNL's pending acquisition of NexGen's SportsBet.ai platform, subject to a maximum 45 day due diligence period.
SportsBet.ai is set to become a premier destination for real-time sports data, predictive analytics, and win-win arbitrage opportunities and alerts. The partnership team will be leveraging NexGen's existing infrastructure and massive database into GRNL's breakthrough sports betting ecosystem to produce what could be among the lowest player acquisition costs and the highest player retention rates in the industry. GRNL's peer-to-peer decentralized exchanges will be designed to deliver unprecedented direct financial benefits to its users, while offering real time AI data driven predictive modeling and highly favorable betting strategies through Sportsbet.ai.
The GRNL/Nexgen Partnership calls for the ability to leverage Nexgen's proprietary technology and gives GRNL access to NexGen's vast data network, data processing systems, and AI models. NexGen is also delivering a dedicated support team for marketing and messaging, as well as leveraging social media profiles, social media channels, and consumer data to maximize GRNL's product awareness.
This collaborative marketing effort will also ensure that SportsBet.ai reaches its target audience quickly and effectively upon launching.
Rafael Groswirt's Quote (CEO of Greenlite Ventures, Inc.):
"We are thrilled to embark on this first step in reaching an IP acquisition and strategic partnership with NexGen. By combining their AI expertise with Greenlite's innovative peer-to-peer platforms, we believe we are uniquely positioned to deliver game-changing solutions to the sports betting world. Our collaboration marks a significant milestone as we work to revolutionize the industry and provide our users with unparalleled predictive analytics and value."
Michael Woloshin (Founder of NexGenAI Holding Group, Inc.):
"At NexGen, we're focused on leveraging real-time data and predictive technology to transform sports betting. I look forward to working with Greenlite Ventures and supporting their other business verticals as we take exciting steps forward in the sports betting space, turning insights into smarter strategies."
About NexGenAI
NexGenAI Holding Group, Inc. (and its affiliated entities) is a technology leader specializing in artificial intelligence-driven solutions. NexGen's innovative platforms deliver analytics and data-driven insights to businesses across multiple verticals including sports, healthcare, and finance.
ABOUT GREENLITE VENTURES:
Through its merger with No Limit Technology Holdings Inc., GRNL is bringing together the efficiency of Artificial Intelligence. blockchain technology, cryptocurrency, and newly developed peer-to-peer to dramatically disrupt the entire sports betting industry. GRNL's new AI driven sports advisory services and decentralized betting platforms will be generating a trove of player benefits never before seen in the marketplace.
For further information, please contact:
**Investor Relations**
Greenlite Ventures, Inc.
Email: ir@greenliteventures.com
Phone: Jeff DeForrest; 954 288 4725
---
Website: https://greenliteventures.com/
SAFE HARBOR STATEMENT
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological risks pertaining to the Company's business may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
Contact Information
Jeff Deforrest
Communications Director
ir@greenliteventures.com
954 288 4725
SOURCE: Greenlite Ventures, Inc.
View the original press release on accesswire.com
FAQ
What is the purpose of Greenlite Ventures' (GRNL) acquisition of NexGenAI's IP?
How will the strategic partnership between GRNL and NexGenAI benefit Greenlite Ventures?
What is SportsBet.ai and how does it relate to GRNL's acquisition?
When is the GRNL and NexGenAI deal expected to close?
