Several Corporate Updates Spark Major Buying Pressure For This Micro Cap

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Tuesday, April 22, 2025

A Florida-based asset management company is turning heads on Tuesday after the company made several important corporate updates.

SMC Entertainment SMC Entertainment Inc. (OTCPK:SMCE) announced the completion of its audited financials for 2023 and 2024 by RBSM, marking a key milestone with approval from its PCAOB auditing team. The company has also consolidated its technologies—Fyniti, Chaintrade AI, and AI Advisor—into a unified platform named FYNN AI, which now serves over 3,000 free users and offers extensive market research across global equities, Forex, and cryptocurrencies, with plans to expand into Australian and UK markets by mid-2025. SMC is adopting a "razor and razor blade" business model by offering research for free and generating revenue through trading platform conversions and licensing deals. Additionally, the company successfully unwound its acquisition of Chaintrade following a legal dispute, resulting in the cancellation of an $8.36 million liability, including a promissory note and accrued interest, as ruled by the Nevada Court. 

Traders wasted no time snatching up shares of SMCE, with shares of the micro cap reaching up to $0.0017/share (+100.00%) at the early session high. Be sure to keep your eye on this one!

SMC Entertainment, Inc. is a holding company focused on the acquisition and supporting commercialized technology (Fintech) companies. The Company's wholly owned subsidiary, Fyniti Global Equities EBT Inc. (Fyniti), is a Fintech developer and provider of technology that combines artificial intelligence/machine learning (AI/ML) driven quantitative investing (IQ Engine) with AI-enabled wealth management electronic block trading (EBT) technology. Fyniti markets a software-as-a-service (SaaS) proprietary platform for certified public accountants (CPAs) financial institutions and registered investment advisors (RIAs) (the Platform). The Platform is a SaaS platform, which enables users to see the developing market trends and use it to create customizable baskets.

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