Welcome to our dedicated page for VALIANT EAGLE news (Ticker: PSRU), a resource for investors and traders seeking the latest updates and insights on VALIANT EAGLE stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VALIANT EAGLE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VALIANT EAGLE's position in the market.
Valiant Eagle Inc. (OTC: PSRU) and Truestone Trading have announced a partnership to develop three mining sites in the Democratic Republic of Congo (DRC). The joint venture, with 50/50 equity ownership, will focus on extracting critical minerals including cobalt, lithium, copper, and coltan. Key aspects include:
- Valiant Eagle will handle fundraising and logistics while Truestone Trading manages geological operations
- The partnership will commission an NI 43-101 compliant technical report for independent evaluation
- The company plans to use mining revenues to fund entertainment sector projects
- DRC holds 70% of world's cobalt reserves, important for EV batteries and electronics
Valiant Eagle, Inc. (OTC: PSRU) announced that its subsidiary, Providence Film Group, is developing a reboot of the iconic DC Comics character, Swamp Thing. The original film released in 1982, tells the story of scientist Alec Holland's transformation into the monster Swamp Thing. This reboot follows the acquisition of film rights in July 2021. With other DC franchises underperforming, the company aims to attract fans with a more engaging and well-crafted film. CEO Xavier Mitchell expressed optimism about the project's potential, anticipating A-list actor signings and a successful box office outcome.
Valiant Eagle subsidiary, VE Gaming, has signed a license agreement with the American Basketball Association (ABA) to develop an official ABA video game.
Valiant Eagle CEO, Xavier Mitchell, expressed confidence in the project, noting the potential for success similar to the NBA 2K franchise. The global video game market is projected to reach $583.69 billion by 2030. This partnership will feature ABA teams and players, employing a profit-sharing model that could elevate both the league's and the game's visibility.
Valiant Eagle, Inc. (OTC: PSRU) has announced the upcoming launch of its first playable video game demo, "Roo Awakening," developed by its gaming subsidiary, VE Gaming, in partnership with Robot Sea Monster. The demo will feature a unique storyline and 13,000 NFT kangaroos with varied attributes. Gamers will collect these NFTs to enhance their gameplay and earn rewards through the company's Fungy NFT marketplace. Additionally, an animated feature inspired by the game is in development.
Valiant Eagle, Inc. (OTC Pink: PSRU) has signed a letter of intent with the American Basketball Association (ABA) to develop an officially-licensed ABA video game. The project aims to utilize a revenue-sharing model, inspired by the successful NBA 2K franchise, which has sold 125 million copies since its inception. The ABA game intends to capture a share of the lucrative basketball video game market. CEO Xavier Mitchell highlighted the massive potential in creating an ABA-focused game, building on the popularity of basketball-themed video games.
Valiant Eagle, Inc. (OTC: PSRU) announces the upcoming launch of its Web 3.0 video game, Rabbit Race, developed by its subsidiary VE Gaming. The game will integrate non-fungible tokens (NFTs) that players can earn by achieving objectives. This initiative aligns with the growing demand for blockchain gaming despite a downturn in cryptocurrency markets. Since August 2022, blockchain gaming and metaverse projects have raised $748 million, a 135% increase from July 2022. Valiant Eagle sees strong potential for innovation within the gaming sector amid increasing institutional investment.
Valiant Eagle’s subsidiary, Providence Film Group, is rebooting the classic film “Fists of Fury”, originally starring Bruce Lee. The new title, “Fists of Fury: Johnny Too Bad”, will be directed by Damian Lee, known for successful projects like “A Dark Truth”. The film is projected as a box office hit by CEO Xavier Mitchell, who expressed confidence in the prospects following the acquisition of the film rights in July 2021. The original film grossed $100 million globally, a significant achievement for Lee's debut in the U.S.
Valiant Eagle, Inc. (OTC: PSRU) has announced a significant increase in its ownership stake in Sumer Technologies, Inc., tripling its equity position. Originally investing in October 2021, Valiant Eagle aims to capitalize on Sumer's innovative ride-sharing platform, Zumr, set to launch in the U.S. in Q1 2023 and in Africa by Q3 2023. Zumr promises enhanced earnings for drivers, allowing them to keep 100% of their fares and tips. The app also features a unique service fee structure and rewards for passengers. This strategic move positions Valiant Eagle for potential growth in the competitive ride-sharing market.
BIOLASE, a leader in dental lasers, announced on Sept 22, 2022, its collaboration with Providence Film Group to create a docuseries titled "Talk Dental to Me." Directed by Debbie Levin, the series aims to highlight the evolution of dental practices, showcasing BIOLASE’s innovative laser technology, known for its benefits like less pain and shorter procedures. Executives believe this partnership will enhance public awareness and position BIOLASE’s technology as the gold standard in modern dentistry.
Valiant Eagle, Inc. (OTC: PSRU) announced its second film development agreement via Providence Film Group with New Republic Pictures for a biopic on Zelda Fitzgerald, starring Jennifer Lawrence. The film aims to celebrate the life of Fitzgerald, a notable figure in American culture. CEO Xavier Mitchell expressed excitement about the collaboration, highlighting Lawrence's talent. Providence Film Group will finance the project, with Mitchell and other partners serving as Executive Producers. This development reinforces Valiant Eagle's commitment to media and entertainment sectors.
FAQ
What is the current stock price of VALIANT EAGLE (PSRU)?
What is the market cap of VALIANT EAGLE (PSRU)?
