Fyntechnical Innovations Inc 8-K, filed Apr 25, 2024
Fyntechnical Innovations Inc (FYNN)
About this 8-K
Fyntechnical Innovations Inc filed this 8-K on April 25, 2024, reporting on events of April 19, 2024.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Securities Exchange Act of 1934
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ITEM 7.01 - REGULATION FD DISCLOSURE.
On April 19, 2024, SMC Entertainment, Inc., (the “Company”) issued a press release announcing that the Company entered into a marketing agreement and collaboration with Plato Technologies Inc. Plato Technologies specializes in AI content disruption and AI management systems. The collaboration will enable the Company to market Plato’s platform directly to web and content development teams. The parties have agreed on a revenue sharing agreement after deducting individual client acquisition costs. As of the date of this Current Report on Form 8-K, marketing has not commenced and no sales have been generated.
Plato is an Ai powered content and syndication network that curates the latest in data intelligence across today’s most innovative market verticals. The platform is designed to provide an ultra-safe and secure environment to consume sector specific real-time data intelligence across 45 Market Verticals and 35 Languages. Plato’s in-house syndication network currently syndicates content to over 1900+ Publisher websites for deep and authentic connectivity to the communities.
In accordance with General Instruction B.2 of Form 8-K, the information set forth herein and in Exhibit 99.1 hereto are deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Exchange Act. The information set forth in Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
Safe Harbor
This release may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of our company, are generally identified by use of words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation, the risks discussed from time to time in our filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.
Item 9.01 Exhibits.
(d) Exhibits.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SMC Entertainment, Inc. |
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| By: | /s/ Erik Blum |
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| Erik Blum, Chief Executive Officer |
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Date: April 25, 2024
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EXHIBIT 99.1
SMC Announces Marketing Agreement with Plato Technologies. Inc.
BOCA RATON, FL / ACCESSWIRE / April 19, 2024 / SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC PINK:SMCE)
SMC / (OTC PINK:SMCE) is pleased to announce a marketing agreement and collaboration with Plato Technologies Inc.
Plato Technologies specializes in AI content disruption and AI management systems. The collaboration will enable the Company to market Plato’s platform directly to web and content development teams. The companies have agreed on a revenue sharing agreement after deducting individual client acquisition costs.
“This is just the beginning.” stated Erik Blum CEO of SMC, “We are very excited to be engaged with Plato to further our development and building of our internal AI foundation. The success of any ML/ AI program is data points and content management. Plato excels at both management of those data points and providing a cohesive platform to execute on. We believe we can successfully market their platform and in turn gain valuable access to its archived content. Content is key in assimilating market data. We want to utilize that content in our market driven machine learning program for trading. The synergies are huge and provide us an accelerated platform to execute on our business plan”.
“Since our inception, we are continuously setting a new standard on what Generative AI and Generative Intelligence represents to the capital markets. Our network allows us to authentically connect the communities our data and content represents to the verticals we support. This partnership represents a best of class opportunity to leverage our technology across SMC’s growing ecosystem” Bryan Feinberg, Plato’s CEO and Founder commented.
About Plato Technologies Inc.
Plato is an Ai powered content and syndication network that curates the latest in data intelligence across today’s most innovative market verticals. The platform is designed to provide an ultra-safe and secure environment to consume sector specific real-time data intelligence across 45 Market Verticals and 35 Languages. Plato’s in-house syndication network currently syndicates content to over 1900+ Publisher websites for deep and authentic connectivity to the communities. For Information on Plato, visit https://platodata.network / https://zephyrnet.com
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About SMC Entertainment, Inc.
SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC’s multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.
Press Release Contact:
Erik Blum
Chief Executive Officer
SMC Entertainment, Inc.
Ron Hughes
Chief Operations Officer
SMC Entertainment, Inc.
ron.hughes.operations@gmail.com
360-820-5973
Safe Harbor Statement
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third-party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
SOURCE: SMC Entertainment, Inc.
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