Valiant Eagle Inc. is pleased to announce that its management team will be attending the American Basketball Association’s league meeting to be held in Las Vegas starting Friday
Both Valiant Eagle Inc. and ABA Canada’s CEO, Xavier Mitchell, will be in attendance along with his marketing and advertising team. Valiant Eagle Inc. is the controlling shareholder of ABA Canada as well as the owner of two ABA basketball teams, The Beverly Hills Majestics and Hollywood Action both based in California.
The idea of local sports entertainment in Los Angeles has been well received. Many households simply cannot afford the several hundred dollars needed to attend a sporting event with their family. This is the main reason ABA teams in Los Angeles should flourish.
Beverly Hills is known for being the home to the rich and famous, the upscale Rodeo Drive, and the beautiful Beverly Gardens Park; now the Majestics will add another trademark to the city of glitz and glamour.
The golden stallion raised on its hind legs enclosed within a golden emblem was chosen to represent the Majestics to display the qualities that this team represents. This logo serves as a reminder of what the Beverly Hills Majestics is all about, which is a symbol of strength and community.
Valiant Eagle previously announced that its ABA Hollywood basketball team chose Hollywood Action as its name. Furthermore, it has picked a red basketball attached to a black backboard, with their team's name written across the front with white stars as their team logo.
Mitchell will be a panel speaker to discuss the enormous progress made with ABA Canada as well as the expected hiring of personnel for the two California teams. In addition, he will also discuss the potential for a new partnership with another Valiant Eagle subsidiary, XMG, for the launching of ABA team channels in an effort to increase viewership and, thus, advertising dollars.
The League meeting will be at the Orleans Hotel in Las Vegas. As of this morning, over 100 teams were confirmed and more are anticipated. Already this will be the largest meeting ever in the ABA and one of the most important too. There will be great representation from all 8 Regions.
The ABA is the largest professional sports league in the US with over 175 teams playing in most major US cities including, but not limited to, NYC, Detroit, Chicago, Atlanta, Miami, Charlotte, Houston, Dallas, Phoenix, LA, San Diego, San Francisco and Kansas City. It is also the most diversified professional sports league ever with over 75% of its teams owned by African-Americans, Hispanics, Asians and women.
The original ABA was established in 1967 and merged with the NBA in 1976. The New Jersey Nets, San Antonio Spurs, Indiana Pacers and Denver Nuggets were teams merged into the NBA from the ABA. Some of the ABA notable players were: Julius Erving (Dr. J), George Gervin (The Iceman), Rick Barry, Moses Malone and many others that went onto great careers in the NBA.
In 1999, the ABA was re-launched by Joe Newman and Richard P. Tinkham, a co-founder of the original ABA and Indiana Pacers. The ABA established a relationship with the NBA and has been operating in harmony for the past 20 years.
For more information, visit www.abaliveaction.com
In February, Valiant Eagle Inc. (OTC:PSRU) announced that, after extensive negotiations, it has signed a massive sports deal with the American Basketball Association (ABA). Under the terms of the agreement, Valiant Eagle will own and develop the American Basketball Association Canada with the same format as the one used by ABA Australia, ABA Mexico and the WABA.
Xavier Mitchell, CEO of Valiant Eagle Inc., stated, "Initially, we wanted to purchase the whole league. However, after extensive due diligence, we believe it to be more lucrative to develop and own ABA Canada. The Toronto Raptors NBA basketball team is now estimated to be worth more than Toronto's NHL hockey team, the Maple Leafs, and its baseball team, the Blue Jays. We will now exploit this relatively untapped market for the benefit of our shareholders."
Indeed, in Canada, basketball had long lived in the shadow of ice hockey, but in the early 21st century, the sport saw a rise in popularity, partly due to the Toronto Raptors, the expansion National Basketball Association (NBA) franchise established in 1995. The Vancouver Grizzlies was another NBA expansion franchise based in Vancouver, British Columbia from 1995 to 2001, after which it relocated to Memphis, Tennessee. Players like DeMar DeRozan and Vince Carter have made an impact on Canadian sports going mainstream. Now, basketball is sizzling in Canada which is poetic since a Canadian invented the sport.
Valiant Eagle via ABA Canada will offer and develop a select number of teams throughout Canada. Valiant intends to launch teams in certain key markets. The company is making plans to air all its ABA Canada games on television using streaming technology managed by XMG. This is expected to be a significant source of revenue. ABA Canada will be responsible for all expenses in managing and developing the league with the assistance of the ABA and will determine market reservation costs and split revenues equally with the ABA. Revenues from media, sponsorships and merchandising will be split 75% to ABA Canada, with 25% going to the ABA. ABA Canada will begin its branding and marketing by developing its logo and website. Valiant Eagle is authorized to use the ABA brand in developing ABA Canada. ABA Rules will be used as well as the ABA Standards and Requirements and ABA Code of Conduct.
Valiant Eagle will implement many of the plans needed to help with the success of the league, including media and sponsorships. A major source of revenue is intended to derive from the airing of games on a media platform built specifically for ABA Canada. This should trigger significant interest from advertisers.
Please see congratulatory messages on our ABA initiatives from various celebrities including Stormy Daniels, Paula Abdul, David Hasselhoff, Cedric The Entertainer, Lavar Ball and Tom Arnold in the “Videos” section:
https://www.otcmarkets.com/stock/PSRU/news
.
About Valiant Eagle Inc
Valiant Eagle, Inc. (PSRU:OTC) is a publicly-traded corporation focused on the energizing of celebrity entertainment, social media and TV communications. VE aims to achieve an unparalleled advancement towards media through music, sports and, with respect to the millennial generation, through technology.
Technology is an important part of our life especially in the last century more than ever. With benefits such as speed, accuracy, unlimited information and more, the internet has provided various means of communicating without delay nor difficulty. However, a level of consumer satisfaction has yet to be reached. Valiant Eagle, Inc. looks to fill this void.
With the technological infrastructure, individuals, organizations and government have created a huge platform which enables effective communication. As such, Valiant Eagle, Inc. features content on iPhone, Android phones, Tablets, and Computers. Evidently, traditional TV viewership will gradually decline due to the evolving media landscape. From statistical evidence, 2017 is the first year that the usage of digital video supersedes that of traditional TV. The replacing medium is smartphone and tablet devices, providing the audience with a truly discrete and satisfactory experience while downloading or streaming video.
The need for viewers to engage online and broadcast content for entertainment has proven and is still proving to be highly demanded by both individuals and groups.
Valiant Eagle, Inc. continues to be the handy solution, with access to set tools which allow viewers to get tuned in on topics such as Music, Sports and Entertainment in the most convenient and efficient way.
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Valiant Eagle, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Valiant Eagle, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.