Ab International Group Corp (OTCMKTS:ABQQ) takes a big step up in the rankings after the company announced that it has entered into a master licensing agreement with Universal Studios’ Universal Film Company, regarding theatrical exhibition Universal films and/or other audio-visual content that Universal may elect to distribute (whether by film print, digital cinema package (“DCP”), DVD, wireless or other method now known or hereafter created ) (each such film or other audiovisual content) by AB Cinemas NY, Inc. an ABQQ company.

This is great news for Ab International Group Corp, which has experienced significant growth over the past year when it recently announced its unaudited financial results for the nine months ended May 31, 2022. Revenues for the nine months ended on May 31, 2022 increased by 1908% to reach $2,056,000. , compared to $102,400 for the nine months ended May 31, 2021. The company is currently in the process of licensing the territorial broadcast right for an additional film. The company also hopes to generate revenue for the remainder of the fiscal year by beginning to generate revenue from NFT MMM, as well as reaching enough customers to start subscriptions to ABQQ.tv. and generate revenue from the New York movie box office.

Ab International Group Corp (OTCMKTS: ABQQ) is an intellectual property (IP) and film licensing and investment company, focused on the acquisitions and development of various intellectual properties. We are engaged in the acquisition and distribution of films. The company engages a long-awaited video streaming service targeting global multi-billion dollars and a growing video streaming industry. The online service will be marketed and distributed worldwide under the ABQQ.tv brand. ABQQ.tv is expected to generate a profitable new revenue stream immediately upon launch through its hybrid subscription and advertising business model.

Movie & Music NFT Market Update – As of July 14, 2022, the drama film ‘Confusion’ sold ten thousand NFT of the movie ‘Confusion’ for 50% copyright of the special territory of the drama film ‘Confusion’ ‘. This is the 2nd fully released successful NFT movie as all transactions were done on AB’s NFT MMM platform. Today, a total of 23,000 users have installed the NFT MMM app. AB plans to continue its partnership with the service provider to entice movie owners to deploy their NFT movies at AB’s NFT MMM, these movies will be released globally.

New York Movie Theaters Update – AB’s premier movie theater “The Mt. Kisco Theatre” located at 144 Main Street, Mount Kisco, New York. Very good communications with the potential theater manager the company would hire, working for the theater ready to reopen in the next 6-8 weeks. AB continues its cinema acquisition strategy, recently creating a subsidiary “AB Cinemas NY, Inc.” is currently continuing negotiations with a view to possible acquisitions of 4 locations of 30 screens.

Movies Update – AB plan presents a new “Daddy, Don’t Worry” movie that they recently acquired. The film will be released worldwide online and in theaters in New York in December.

Video streaming service update – As of June 30, 2022, AB provided video streaming service content website abqq.tv and ABQQ channel on YouTube reaches 4.7 million views, services marketed and distributed in the world under the ABQQ.tv brand. The channel acquired 20,000 subscribers.

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ABQQ

On July 18, ABQQ announced its unaudited financial results for the nine months ended May 31, 2022. Revenue for the nine months ended May 31, 2022 increased 1,908% to $2,056,000 from $102,400 for the nine months ended May 31, 2021. Net loss for the nine months ended May 31, 2022 was reduced by 32% to $1,769,767 compared to a net loss of $2,601,535 for the nine months ended May 31, 2021. of total assets, compared to total assets of $5,757,727 as of August 31, 2021.

The company is currently licensing 1 additional completed films in the territory. The company also hopes to generate revenue for the remainder of the fiscal year by beginning to generate revenue from NFT MMM, as well as reaching enough customers to start subscriptions to ABQQ.tv. and generate revenue from the New York movie box office.

On September 6, the AABQ announced that it had entered into a master license agreement with Universal Studios, Universal Film, regarding the theatrical release of Universal films and/or any other audiovisual content that Universal may choose. to distribute (whether by film printing, digital cinema package (“DCP”), DVD, wireless or other method now known or hereafter created) (each such film or other audiovisual content) by AB Cinemas NY, Inc. , an ABQQ company.

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Currently trading at a market valuation of $1.4 million ABQQ bone is 384,773,694 shares. The stock is up after the company announced that it has entered into a master licensing agreement with Universal Studios’ Universal Film Company, regarding the theatrical exhibition of Universal films and/or other audiovisual content that Universal may choose to distribute (whether by printed film, digital cinema package (“DCP”), DVD, wireless or other method now known or hereafter created) (each such film or other audiovisual content) by AB Cinemas NY, Inc. an ABQQ company. ABQQ has a long history of big moves making a historic run from current levels above $0.24 per share at the start of 2021. We’ll update ABQQ when more details emerge, so make sure you’re subscribed to Microcapdaily so you know what’s going on with ABQQ.

Disclosure: We do not hold any positions in ABQQ, long or short, and we have not been compensated for this article.