mt. KISCO, New York, June 14, 2023 /PRNewswire/ — All For One Media Corp. (OTC-PINK: AFOM) (“AFOM” or the “Company”) announced today that the previously anticipated effective date of its 1:2,854 reverse split has been extended, pending approval by the Financial Industry Regulatory Authority (FINRA) of corporate actions. The reverse split has previously been approved by the company’s shareholders in connection with and as a condition of the proposed acquisition of All Entertainment Media Group (AEMG). As previously announced, the acquisition of AEMG is subject to various customary conditions of such transactions, including the validity of a reverse split, unless waived by the parties.
All Entertainment Media Group ( AEMG ) is an up-and-coming content creation and marketing company headquartered in New YorkComprising three core divisions – PODs Entertainment Group, EMG Music Group and Terry D Films – AEMG has garnered significant revenue and attention, with over 1 million podcast downloads across all major streaming providers.Finish $4 million Combined revenue for 2021 and 2022. Notably, AEMG’s podcast division ranks in the top 3% of all podcasts worldwide on podcast database giant Listen Notes.exist August 2022AEMG then released its first feature film, 17 Days, which quickly became one of Tubi’s “Most Favorite Movies”. The company’s online entertainment properties are already generating advertising and royalty revenue, which is expected to grow exponentially through 2023 and beyond.
This press release contains “forward-looking statements” that are subject to significant risks and uncertainties. All statements, other than historical facts, in this press release are forward-looking statements. Forward-looking statements contained in this press release can be identified by the use of words such as “expects,” “believes,” “considers,” “may,” “estimates,” “anticipates,” “intends,” “seeks,” and similar expressions, “may”, “may”, “plan”, “potential”, “forecast”, “project”, “goal”, “goal”, “should”, “will”, “would” or negative forms of these words or otherwise similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the current expectations of All For One Media and All Entertainment Media Group, Inc. and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. In addition, certain forward-looking statements are based on assumptions about future events, which may not be accurate. These and other risks and uncertainties are more fully described in the section entitled “Risk Factors” in All For One Media, Inc.’s Annual Report on Form 10-K on file with the Securities and Exchange Commission. December 29, 2022, and other filings and reports with the Securities and Exchange Commission. The forward-looking statements contained in this announcement are made as of this date and All For One Media, Inc. undertakes no obligation to update such information, except as required by applicable law.
For more information about Quan Entertainment Media Group, please visit https://www.aemgworldwide.com.
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touch: Brian Luko
Phone: 914 574-6174
e-mail: [email protected]com
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