Advisor to Leverage Skills to Assist Build of New Regulated Cryptocurrency Platform
LAS VEGAS, NEVADA, Sept. 06, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Momentous Entertainment Group, Inc. (“Momentous” or “MEG”) (OTCBB:MMEG), announced today that Steve Kanaval has been named to Momentous’ Advisory Board. CEO Kurt Neubauer said, “Steve is another piece of the puzzle building out Momentous’ newly developed DC Offerings™ regulated service platform portal. He will focus on supporting DC Offerings in our market awareness efforts in the cryptocurrency space; his experience helping public companies develop financial services products is a timely addition to our team.”
Steve was an original member of the Morgan Stanley Futures Task Force at the Chicago Mercantile Exchange, and is also President and founder of Chicago Arbitrage Group. He managed market making operations at various trading desks on Wall Street, responsible for capital commitment. Steve was also the former Director of Research for Knobias Inc. and has served on the advisory boards of multiple US public companies.
Through our coordinated content and market awareness efforts, DC OFFERINGS™ will focus on acquiring a stable of interested crypto currency investors as well as conventional investors to populate the newly designed site. Momentous sees Digital Currency expanding into the Financial Services sector at a rapid pace, and this spearheads our efforts to accept new capital for the build out of our regulated platform portal.
The DC OFFERINGS™ soft launch is expected to begin in Q4 2018, and those interested can register online at https://dcofferings.com/. We would like to invite private investors, digital miners, and digital currency holders to reach out and join our database. Momentous’ CEO Kurt Neubauer added: "We are excited to have Steve join our Advisory Board. His market savvy and media experience combined with a solid network and database make him ideally suited to assist management in development of the DC OFFERINGS™ platform”. Visit DC OFFERINGS™ and join our Database: https://dcofferings.com/
Steve Kanaval Portfolio Manager/Writer/ Market Analyst
Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80's. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90's managing large portfolios.
Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager. Steve has managed funds in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner, and is one of the few managers who publishes his views on the asset classes in a public forum having published thousands of articles simplifying these complex and volatile assets for readers. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets.
SEC Filing Update
It’s been a while since MEG has provided an update on the current state of our SEC filings. The new outside accounting firm has taken longer than anticipated getting acquainted with the Company’s corporate and financial structure but is working diligently to complete the 2017 year end as well as our March 31 quarter and now our June 30 quarter. We also continue to interface with our auditor, ThayerOneal Company LLC, to complete the audit and associated reviews now due.
Momentous will wait until they can file all its annual and quarterly filings at one time to curb any additional problems that might result from filing separately. We continue to ask our shareholders to have patience as we get through this process.
About DC OFFERINGS™
DC Offerings™ looks to bridge the gap allowing more investors to use cryptocurrency, including Bitcoin and Ethereum, as an investment into a target company without conversion to fiat currency. The recent cryptocurrency boom has generated substantial returns for many early investors. These new millionaires and beneficiaries face many challenges when it comes to holding and utilizing their investment stakes and profits. DC Offerings™ is a first of its kind “Virtual Trade Show” for Cryptocurrency investors seeking to diversify their digital holdings by considering investment opportunities in traditional private and public companies. The growth in digital assets creates a need for a regulated platform and service. Our services will profile private and public companies seeking capital on a register only website platform where they can be reviewed by prequalified cryptocurrency investors who seek to diversify risk.
Register online at https://dcofferings.com/
Momentous Entertainment Group (MMEG) is a social media gaming, ecommerce, digital media and on-line tradeshow platform company focused on providing unique and entertaining experiences for its subscribers and members on a global scale. The Company’s strategic expansion plans are balanced between accelerating growth of its existing ecommerce, gaming and on-line tradeshow properties, to the acquisition of profitable and sustainable businesses that are highly complementary to MMEG’s operations. Please note that MEG may use social media to communicate with the public. This communication may include information that could be deemed material information. As a result, the Company encourages interested parties to review the information that it posts on the following social media channels: Facebook, Twitter and LinkedIn. https://momentousentertainment.com/
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management’s view of Momentous Entertainment Group Inc’s (MMEG) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of MMEG to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents MMEG files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on MMEG’s future results. The forward-looking statements included in this press release are made only as of the date hereof. MMEG cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, MMEG undertakes no obligation to update these statements after the date of this release, except as required by law, and takes no obligation to update or correct information prepared by third parties that are not paid for by MMEG.