Business
Video River Networks, Inc. Engages Maxim Group LLC to Provide Strategic Advisory and Investment Banking Services
Video River Networks, Inc. Engages Maxim Group LLC to Provide Strategic Advisory and Investment Banking Services.
About this update from Video River Networks, Inc.
[{"type":"text","content":"Video River Networks, Inc. (OTC PINK: NIHK), a technology holding firm that operates and manages a portfolio of Electric Vehicles, Artificial Intelligence, Machine Learning and Robotics (\"EV-AI-ML-R\") assets, businesses and operations in North America, announces the hiring of Maxim Group LLC, a leading full-service investment banking, securities and wealth management firm, to provide strategic advisory and investment banking services for the Company's 2021-2023 corporate initiative roadmap.Video River Networks, Inc.'s Chief Executive Officer Frank I Igwealor states. After extensive meetings with the Maxim team discussing corporate initiatives for 2021-2023, we felt the timing was right to retain the firm and advance with the roadmap now in place as articulated in NIHK’s effective S-1. We look forward to working with them and leveraging their expertise in order to maximize shareholder value.\" Continuing on last year's progress, the Company is moving to become a The Company's current and target portfolio businesses and assets include operations that design, develop, manufacture and sell high-performance fully electric vehicles and design, manufacture, install and sell Power Controls, Battery Technology, Wireless Technology, and Residential utility meters and remote, mission-critical devices mostly engineered through Artificial Intelligence, Machine Learning and Robotic technologies.Frank I Igwealor concluded with, \"With three quarters of consecutive profitability for NIHK, the past months has a great transformative impact on NIHK, where we improved our financial performance and cemented our position Electric Vehicles, Artificial Intelligence, Machine Learning and Robotics (\"EV-AI-ML-R\") assets, businesses and operations.\" We had a JV agreement with a Chinese EV Maker, we brought some sample EV to Torrance and have continued evaluating the design, QA, and possible improvement to the models we imported to make them feel more American. We’re on a prowl for acquisition of profitable operations.”About Maxim Group LLCMaxim Group LLC is a leading full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed income and derivative sal...