Miami, FL – November 6, 2019 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on GME Innotainment Inc. (OTC Pink: GMEV).

GME Innotainment, Inc. engages in artist management and event management businesses in Hong Kong, China, and the Asia-Pacific. The company’s activities include movie production, distribution, and licensing; music production; talent acquisition and management; concert and event management; and social media management for artists and celebrities. It offers artist management services to adolescents and young adults, brand owners, and institutional customers; and entertainment services to cinema-goers, movie investors, cinema circuits, and broadcasting channel providers.

Average daily volume for GMEV 77 thousand shares. Today’s news has caused the volume to increase to over 2.7 million shares in the morning hours of trading.

GME Innotainment Inc.  Press Release:

NEW YORK, Nov. 6, 2019 /PRNewswire/ — GME Innotainment Inc. (OTCPink: GMEV), is pleased to announce that it has acquired a controlling interest of 60% in Foundation Farms, Corp., who will specialize in the operation of highly sophisticated organic fruit, herb and vegetable indoor cultivation units and provide beyond organic locally grown vegetables year-round to its customers. Foundation Farms Corp. has already placed its initial order with the manufacturer and expects the first installation to begin taking place by the first quarter of 2020.

Yves R. Michel, CEO of GMEV stated: “As a company that is working on saving our precious resources and moving our culture to a more sustainable way of living, we are very excited to be entering this new market with the Foundation Farms Corp. acquisition. We believe that there is significant demand for locally grown fresh vegetation without the travel time, traceability and nutrient loss that occurs in the traditional approach to delivery, all grown in a pesticide free Aeropod environment. Additionally, when grown in the Aeropod, the crop can produce all year long, producing a dramatic increase in the harvest, all while using a fraction of the water otherwise required. We are looking forward to pursuing the growth of Foundation Farms Corp. as quickly as possible and continue to actively look for other opportunities generally under the sustainability banner.”

Darcy Rai, CEO of Foundation Farms, Corp., has also celebrated this acquisition “as giving Foundation Farms, the ability to access the capital it needs to complete its acquisition and expansion of its Foundation Farms throughout the western states and provinces.” Mr. Rai also noted that working with Yves, will be appealing, as Mr. Michel has much experience and knowledge to offer the Foundation Farms team.

Yves R. Michel

Chief Executive Officer and Director

208 East 51st St., Suite 170

New York, NY 10022

Source : GME Innotainment, Inc. (“GMEV”)

Released November 6, 2019

OTCPink: GMEV

This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on GME Innotainment, Inc., current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to GME Innotainment, Inc.’s anticipated new developments, business prospects, financial performance, strategies and similar matters. GME Innotainment, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

View original content:http://www.prnewswire.com/news-releases/gme-innotainment-inc-gmev-announces-the-acquisition-of-foundation-farms-corp-a-specialty-purveyor-of-beyond-organic-locally-grown-fruits-herbs-and-vegetables-300952937.html

SOURCE GME Innotainment Inc. (“GMEV”)

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies.  Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization.  We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth.  Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community.  Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  EmergingGrowth.com, or its associates may have a position either long or short in any company mentioned herein. Please read our full disclosure, which can be found here, http://emerginggrowth.com/disclosure/. Please consult an investment professional before investing in anything viewed within this article or any other portion of EmergingGrowth.com. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

Add a Comment to this Post

comments