Valiant Eagle Inc. (OTCMKTS:PSRU) jumped 91%. Recently the company offered a shareholder update indicating that Cinevision Global has entered a letter of intent to permit valiant Eagle’s NFT platform to offer Cinevision’s television and film catalog of more than 2000 titles.
Notably, the Cinevisionn Global letter of intent comes at the back of Fungy’s NFT marketplace seeks to launch in the coming weeks. It is vital to note that Cinevision has titles with leasing stars such as Mel Gibson, Bruce Lee, Keanu Reeves, Morgan Freeman, Charlie Chaplin, Jackie Chan, Sandra Bullock, Morgan Fairchild, Tom Selleck, Nicole Kidman, Anthony Quinn, George Clooney, Charles Bronson, Danny DeVito, Michelle Pfeiffer, Burt Reynolds, Chuck Norris, and Kiefer Sutherland. The over 2000 titles create numerous opportunities for Valiant Eagle.
Valiant CEO Xavier Mitchell said that if their Fungy marketplace becomes successful, it will be valued at $4 billion. He added that they expect to secure $1.3 million to $4 million in NFT revenue within the initial three months of operating for Cinevision. So PSRU is worth watching in the coming months.
Market Reaction:
On Wednesday, PSRU stock skyrocketed 91.55% at $0.0136 with more than 184.66 million shares, compared to its average volume of 45.13 million shares. The stock has moved within a range of $0.0064 – 0.0138 after opening the trade at $0.0070.
