Valiant Eagle is proud to announce that it has signed a letter of intent to sell its subsidiary companies, Providence Film Group (including the iconic movies previously purchased) and VE Gaming, LLC to a major British Columbia corporation presently focused on the virtual reality industry. This strategic move will allow Valiant Eagle to become the controlling majority shareholder of the Corporation that previously traded on the TSX Venture Exchange.
The gaming industry has seen a significant increase in growth and profitability in recent years, with virtual reality technology playing a major role in driving this trend. As a leader in the virtual reality market and with established relationships with major players in the entertainment industry such as Disney and Hasbro, the merged company will be well-positioned for continued success in the future.
Once the TSX Venture Exchange approves the business combination, Valiant Eagle shareholders may receive shares in the new company as a dividend. . Valiant Eagle will appoint directors to control the board. This acquisition will bring significant value to the new company and its shareholders.
The virtual reality market is expected to continue to grow in the coming years, and this acquisition will position the new company at the forefront of this exciting and rapidly-evolving industry. With a strong focus on innovation and a commitment to delivering the best possible experience for customers, the new company is poised for success in the years to come.
In short, this acquisition will bring benefits for all parties involved. It will allow Valiant Eagle to focus on its core business and continue to drive growth and value for its shareholders, and it will position the new company for even greater success in the future in the virtual reality industry.
About Valiant Eagle, Inc.:
Valiant Eagle, Inc. (OTC: PSRU) is a publicly traded corporation focused on energizing celebrity entertainment, social media, and TV communications. VE aims to achieve an unparalleled advancement in media through music, sports, and technology for the millennial generation.
Valiant Eagle
Investor inquiries: ir@valianteagle.net
Website: www.valianteagle.net
Twitter: @valianteagleinc
Facebook: @valianteagleinc
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