mustang656
3 days ago
Courtesy of grok - Yes, AB International Group Corp. (ABQQ) has announced plans that could involve spinning off its ABQQ.tv streaming service, though the specifics tie it to a broader strategic move rather than a standalone spin-off of just ABQQ.tv. On December 3, 2024, ABQQ revealed its intention to spin off its Non-Fungible Token (NFT) MMM IP and Artificial Intelligence (AI) Consulting division into a separate entity, tentatively named AB Digital Innovations, which will pursue its own initial public offering (IPO). While ABQQ.tv itself isnβt explicitly named as the sole focus of the spin-off, itβs part of the companyβs broader media and technology ecosystem, which includes movie licensing, streaming, and related IP ventures.
ABQQ.tv is the companyβs video streaming platform, launched in 2020, focusing on Chinese movies and TV dramas with a hybrid subscription and advertising model. The spin-off plan emphasizes unlocking shareholder value by separating the NFT and AI divisions, which are described as focusing on NFT marketplaces and AI consulting services, particularly in film production and distribution. Given ABQQ.tvβs role in the companyβs content distribution strategy, itβs reasonable to infer it could be integrated into or impacted by this new entity, especially since the spin-off aims to capitalize on growing markets like streaming, NFTs, and AI in entertainment. However, the announcement doesnβt explicitly state that ABQQ.tv is being spun off independentlyβitβs more likely bundled into the "AB Digital Innovations" vision.
The companyβs recent updates also show ABQQ.tv evolving, with plans to open it for industry partnerships (e.g., allowing film owners to upload content) and projecting monthly revenue of $150,000 to $250,000, as noted in an August 26, 2024, press release. This suggests ABQQ.tv remains a key asset, and its fate might align with the spin-offβs focus on digital innovation rather than being divested entirely on its own.
So, to answer directly: AB International isnβt spinning off ABQQ.tv as a standalone entity based on current information, but it is part of a larger spin-off plan involving NFT and AI divisions under AB Digital Innovations, announced in December 2024, with details still unfolding as of March 24, 2025. If youβre looking for confirmation of a more isolated ABQQ.tv spin-off, thereβs no clear evidence of that yetβkeep an eye on future ABQQ announcements for clarity!
Hole shot King
4 weeks ago
On February 21, 2025, the Company entered a Securities Purchase Agreement (the βSecurities Purchase Agreementβ) with Anyone Pictures Limited (βAPLβ), whereby APL agreed to purchase 2,000,000,000 shares of common stock in the Company at $0.00015 per share for a total of $300,000.
https://www.otcmarkets.com/filing/html?id=18218114&guid=V_B-k6GuTl4FJth
$ABQQ
Private placement https://t.co/AwkyokNZXF— ABQQ (@ABIntlGroup) February 25, 2025