Valiant
Eagle, Inc.
(PSRU) Inks Massive
Sports Deal
With
The American
Basketball Association to
Establish ABA Canada
Toronto, Canada -- February 1, 2021 --
InvestorsHub NewsWire -- Valiant Eagle Inc. (OTC
PINK: PSRU) today announced that, after extensive negotiations,
it has signed a massive sports deal with the American Basketball
Association (ABA). Under the terms of the agreement, Valiant Eagle
will own and develop the American Basketball Association Canada
with the same format as the one used by ABA Australia, ABA Mexico
and the WABA.
Xavier Mitchell, CEO of Valiant Eagle
Inc., states, "Initially, we wanted to purchase the whole league.
However, after extensive due diligence, we believe it to be more
lucrative to develop and own ABA Canada. The Toronto Raptors NBA
basketball team is now estimated to be worth more than Toronto's
NHL hockey team, the Maple Leafs, and its baseball team, the Blue
Jays. We will now exploit this relatively untapped market for the
benefit of our shareholders."
Indeed,
in Canada, basketball had
long lived in the shadow
of ice
hockey, but in the early 21st
century, the sport saw a rise in popularity, partly due to
the Toronto
Raptors, the expansion National Basketball
Association (NBA) franchise established in 1995.
The Vancouver Grizzlies was
another NBA expansion franchise based in Vancouver, British Columbia from 1995
to 2001, after which
it relocated to Memphis, Tennessee. Players like
DeMar DeRozan and Vince Carter have made an impact on Canadian
sports going mainstream. Now,
basketball is sizzling
in Canada which is poetic since a Canadian invented the
sport.
Valiant Eagle via ABA Canada will
offer and develop a select number of teams throughout Canada.
Valiant intends to launch teams in certain key markets. The company
is making plans to air all its ABA Canada games on television using
streaming technology managed by Xavier Media Group (another Valiant
Eagle subsidiary). This is expected to be a significant source of
revenue. ABA Canada will be responsible for all expenses in
managing and developing the league with the assistance of the ABA
and will determine market reservation costs and split revenues
equally with the ABA. Revenues from media, sponsorships and
merchandising will be split 75% to ABA Canada, with 25% going to
the ABA. ABA Canada will begin its branding and marketing by
developing its logo and website. Valiant Eagle is authorized to use
the ABA brand in developing ABA Canada. ABA Rules will be used as
well as the ABA Standards and Requirements and ABA Code of
Conduct.
Valiant Eagle will implement many of
the plans needed to help with the success of the league, including
media and sponsorships. A major source of revenue is intended
to derive from the airing of games on a media platform built
specifically for ABA Canada. This should trigger significant
interest from advertisers.
Valiant Eagle CEO Xavier
Mitchell
Mitchell is not unfamiliar with the
ABA. In 2008 he launched the Phoenix Fury appointing Joe
"Jellybean" Bryant (father of NBA legend, Kobe Bryant) as President
of the team.
https://lakers.newssurge.com/PNphpBB2-viewtopic-t-17354.html
Although the company is still pursuing
the overall acquisition, this is the smarter play at the
moment. In addition, pursuant to the Share Option Agreement,
Valiant Eagle now owns 8% of ABA Sports Realty Group
which is a subsidiary of the ABA involved in providing venues for the 100+ ABA teams that are active or have
reserved markets across the country.
Valiant Eagle is in the process of
reserving certain US Markets to launch its own teams that will be
announced within the next few weeks. The company has already
established its corporate presence in Canada and is in the process
of building its execution strategy and team building.
Cedric the Entertainer
(https://youtu.be/5YtTirQgPqQ)
Pop Icon, PAULA ABDUL, takes a break from Masked
Dancer to Congratulate Valiant Eagle, Inc
(https://youtu.be/L9GOSNL66Pk)
For more information visit:
www.valianteagle.net
ABA Canada Contact
Address: 567 Roehampton Ave Suite
40
Toronto, ON N4P 1S5
Phone: 289-278-6001 (CA)
917-426-1666 (USA)
Email: myabacanada@gmail.com
Legal Notice Regarding Forward-Looking
Statements:
This press
release contains forward-looking information within the meaning of
section 27A of the Securities Act of 1933 and section 21E of the
Securities Exchange Act of 1934 and is subject to the safe harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
That includes the possibility that the business outlined in this
press release cannot be concluded for some reason. That could be as
a result of technical, installation, permitting or other problems
that were not anticipated. Such forward-looking statements by
definition involve risks, uncertainties and other factors, which
may cause the actual results, performance or achievements of
Valiant Eagle, Inc. to be materially different from the statements
made herein. Except for any obligation under the U.S. federal
securities laws, Valiant Eagle, Inc. undertakes no obligation to
publicly update any forward-looking statement as a result of new
information, future events or otherwise.
About Valiant
Eagle:
Valiant Eagle, Inc. (OTC
PINK: PSRU) is a publicly traded corporation focused on the
energizing of celebrity entertainment, social media and TV
communications. VE aims to achieve an unparalleled advancement
towards media through music, sports and, with respect to the
millennial generation, through technology.
Technology is an important part of our
life especially in the last century more than ever. With benefits
such as speed, accuracy, unlimited information and more, the
internet has provided various means of communicating without delay
nor difficulty. However, a level of consumer satisfaction has yet
to be reached. Valiant Eagle, Inc. looks to fill this
void.
With the technological infrastructure,
individuals, organizations and government have created a huge
platform which enables effective communication. As such, Valiant
Eagle, Inc. features content on iPhone, Android phones, Tablets,
and Computers. Evidently, traditional TV viewership will gradually
decline due to the evolving media landscape. From statistical
evidence, 2017 is the first year that the usage of digital video
supersedes that of traditional TV. The replacing medium is
smartphone and tablet devices, providing the audience with a truly
discrete and satisfactory experience while downloading or streaming
video.
The need for viewers to engage online
and broadcast content for entertainment has proven and is still
proving to be highly demanded by both individuals and
groups.
Valiant Eagle, Inc. continues to be
the handy solution, with access to set tools which allow viewers to
get tuned in on topics such as Music, Sports and Entertainment in
the most convenient and efficient way.
Contact:
info@valianteagle.net
Ir@valianteagle.net
www.valianteagle.net
Phone: (747) 444 1542
Valiant Eagle (PK) (USOTC:PSRU)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Valiant Eagle (PK) (USOTC:PSRU)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
