Paul Couture
On March 25, 2025, in connection with the Chaintrade transaction, Paul Couture was terminated from his position as Chief Technology Officer of the Company.
Highest-materiality recent filing
SMC owns 49%, Circle Energy 51% of new Swedish JV Carbon Capital Solutions AB.
Nevada court unwinds Chaintrade acquisition, cancels SMC's $8M promissory note
On April 18, 2025, Nevada District Court ruled in favor of SMC, terminating the May 30, 2024 Acquisition Agreement with Chaintrade.
SMC terminates Flax Tech LOI, sues Chaintrade, consolidates tech under FYNN AI
Terminated LOI to acquire Flax Tech on March 26 due to inability to complete PCAOB audited financials in timely manner.
SMC Entertainment signs LOI to acquire Flax Tech for $3.5M, appoints new CFO
SMC entered LOI to acquire 100% of Flax Tech for $3.5M: $750K convertible note, 441M restricted shares at $0.0017, and $2M working capital.
SMC Entertainment closes acquisition of Bateau Asset Management; CFO resigns
Acquired 100% of Bateau Asset Management, an Australian boutique investment manager founded in 2016.
SMC Entertainment to acquire Australian investment manager Bateau Asset Management
Consideration: 14M Series C preferred shares plus $2M in convertible notes (5% interest, convertible at $1/share).
SMC Entertainment signs LOI to acquire Bateau Asset Management for US$14M stock
SMC to acquire 100% of Bateau in all-stock deal valued at US$14 million in Series C Preferred stock.
SMC Entertainment acquires ChainTrade AI trading platform for $8M convertible note
Acquired 100% of ChainTrade's AI-powered trading platform for $8M convertible note at $1/share, 5% interest, 18-month term.
SMC Entertainment replaces auditor from Olayinka Oyebola to RBSM LLP on June 24
Olayinka Oyebola & Co resigned as auditor effective June 24, 2024; no adverse opinions or disagreements in FY2022-2023.
SMC Entertainment cancels 250M shares, reducing outstanding by 17% after audit discrepancy
Cancellation of 250M common shares (17% reduction) completed.
SMC Entertainment acquires ChainTrade's AI platform for $8M note, appoints new CTO
SMC enters agreement to buy 100% of ChainTrade's AI-powered trading platform assets.
SMC Entertainment signs LOI to acquire AI trading platform ChainTrade LTD
SMC (OTC: SMCE) signed LOI to acquire ChainTrade LTD, an AI-powered asset trading platform.
On March 25, 2025, in connection with the Chaintrade transaction, Paul Couture was terminated from his position as Chief Technology Officer of the Company.
On January 12, 2025, Mr. Bryan Feinberg resigned from his position as Director of the Company.
On January 17, 2025, Mr. Eric Sherb, CPA, of EMS Consulting Services, was appointed as the Company’s Chief Financial Officer.
On January 6, 2025, Xuqiang (Adam) Yang resigned from his position as Chief Financial Officer.
Also on June 25, 2024, Bryan Feinberg was appointed to our Board of Directors.
Paul (Prem) Couture, CEO of ChainTrade, and Red Matter Capital, was appointed as the Company’s Chief Technology Officer.
On December 26, 2023, Xuqiang (Adam) Yang, was appointed as Chief Financial Officer (“CFO”) of SMCE Entertainment, Inc. (“SMCE”) to replace Erik Blum, the Company’s Chief Executive Officer, who was also serving as SMCE’s Interim CFO.
to replace Erik Blum, the Company’s Chief Executive Officer, who was also serving as SMCE’s Interim CFO.
Max materiality 0.85 · Median 0.60 · Most common event m_and_a