Welcome to our dedicated page for Liquid Media Group news (Ticker: YVR), a resource for investors and traders seeking the latest updates and insights on Liquid Media Group stock.
Liquid Media Group Ltd. (symbol: YVR) is a dynamic media and entertainment company based in Vancouver, Canada. The company specializes in providing top-notch video game products primarily catered to casual-game consumers. In addition to creating engaging and interactive content, Liquid Media Group also publishes video games for various interactive entertainment hardware platforms, ensuring a broad reach and significant impact in the gaming industry.
Beyond its core gaming operations, Liquid Media Group Ltd. offers a range of gaming-related services, including visual effects (VFX) and production services. These services are designed to enhance the overall gaming experience, making it more immersive and visually appealing. The company's commitment to quality and innovation is evident in its seamless integration of cutting-edge technology and creative expertise.
In addition to its gaming ventures, Liquid Media Group also delves into the distribution of third-party film and television content. Through its robust digital platforms, the company ensures that a wide array of entertainment options is accessible to its audience. This multi-faceted approach not only diversifies its product offerings but also strengthens its position in the competitive media and entertainment landscape.
Liquid Media Group Ltd. continuously strives to expand its portfolio and improve its financial health. Recent strategic moves include a post-split adjustment of its common shares, aimed at optimizing its market presence and shareholder value. With a focus on growth and innovation, the company remains committed to delivering high-quality entertainment content and services.
For the latest updates and detailed information, you can visit the company's official website at www.LiquidMediaGroup.co. Investors and business inquiries can be directed to Justin Kulik at CORE IR via email at justin@coreIR.com.
Liquid Media Group Ltd. (NASDAQ: YVR) reported its Q4 and FY 2021 financial results, showing significant growth. For FY 2021, sales soared to $767,790, up from $35,487 in FY 2020, leading to a gross profit of $301,094 in Q4. This marks the first positive gross profit since trading began in 2018. The company acquired iNDIEFLIX in September 2021, which contributed to these results. However, net losses increased to ($12,799,371) for FY 2021 compared to ($6,109,385) in FY 2020, with cash reserves at $4,305,461.
Liquid Media Group Ltd. (Nasdaq: YVR) announces its participation at SXSW, showcasing its iNDIEFLIX original documentary, “RACE to Be Human,” focusing on race and mental health. The virtual screening, running until March 18, 2022, is available via Eluvio LIVE. iNDIEFLIX also launched an NFT collection tied to the film. CEO Scilla Andreen emphasizes the importance of discussing race through empathy. The company aims to leverage blockchain technology for independent creators, enhancing distribution and monetization opportunities.
Liquid Media Group Ltd. (Nasdaq: YVR) announced that the British Columbia Securities Commission issued a cease trade order (CTO) effective March 9, 2022, due to the company's failure to file audited annual financial statements for the year ending November 30, 2021. The delay is attributed to consolidating financial information from newly acquired operations. Despite this, Liquid Media is actively working with auditors to meet filing requirements and aims to revoke the CTO. The CTO applies only to British Columbia investors; those outside this region can continue trading.
Liquid Media Group Ltd. (Nasdaq: YVR) has successfully completed its acquisition of Digital Cinema United Holdings Ltd. (DCU) for $11.25M, payable in common shares contingent on performance milestones. This acquisition enhances Liquid's business capabilities in content distribution and digital asset management, integrating DCU’s services into its Phase III business solution. DCU supports independent IP owners and distributors with streamlined Digital Cinema Package (DCP) services across more than 40 countries, thereby expanding Liquid's market reach and service offerings.
Liquid Media Group Ltd. (Nasdaq: YVR) announced it received a notice from Nasdaq stating it failed to meet the minimum bid price of $1.00 per share for 30 consecutive business days, effective until March 4, 2022. The company has a 180-day compliance period ending August 29, 2022, to correct this issue. If not resolved, it risks delisting. Additionally, Liquid received default notices from the British Columbia Securities Commission for late filing of annual documents, attributing delays to integrating recent acquisitions. The company aims to regain compliance and file necessary documents soon.
Liquid Media Group Ltd. (Nasdaq: YVR) announced the definitive agreement to acquire Digital Cinema United Holdings Ltd. (DCU) for US$11.25 million, payable in common shares. This acquisition aims to enhance Liquid’s service offerings across the film and TV industry, enabling a streamlined content supply chain. DCU's expertise in delivering digital content services to over 700 clients globally will be integrated into Liquid's four-phase business model. The deal is expected to close soon, pending customary conditions, and will support Liquid's growth trajectory and shareholder value creation.
Liquid Media Group Ltd. (Nasdaq: YVR) has engaged North Equities Corp. to enhance its social media presence and investor engagement. The contract, valued at $50,000 plus GST for a three-month term starting January 20, 2022, may be renewed for an additional three months. Neither party has any current equity interests in each other's securities. Liquid Media aims to support independent IP creators with an end-to-end business solution for video content.
Liquid Media Group (Nasdaq: YVR) announces the premiere of iNDIEFLIX's documentary ANGST, streaming on blockchain from January 21 to January 31, 2022. This groundbreaking event aims to raise awareness about anxiety, with 50% of proceeds supporting mental health organizations like Jack.org and the Born This Way Foundation. ANGST has been integrated into California's education curriculum, addressing mental health in youth. The event will feature NFT collections to promote mental health discussion and fundraising opportunities.
Liquid Media Group Ltd. (Nasdaq: YVR) has announced the launch of its first blockchain film streaming event featuring the documentary Angst during the 2022 Sundance Film Festival. The screening will utilize the Eluvio Content Fabric and includes NFT access to a 'Creative Coping Toolkit' aimed at mental health awareness. A virtual panel on January 21 will discuss the film's impact and the opportunities blockchain technology offers independent creators. CEO Ron Thomson emphasized the potential of blockchain for decentralized distribution, engaging audiences, and monetization of content.
Liquid Media Group (Nasdaq: YVR) announced its first blockchain film streaming event featuring the documentary "Angst" during the 2022 Sundance Film Festival. The film, aimed at raising awareness of anxiety, will be streamed on Eluvio's Content Fabric. A virtual panel discussion on the film's impact will be hosted on January 21, 2022. Liquid's CEO, Ron Thomson, emphasized how their blockchain technology enables independent creators to engage audiences more effectively. This event follows their successful showcase at the 2021 Toronto International Film Festival.
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