LAS VEGAS, Feb. 14, 2022 (GLOBE NEWSWIRE) — MMA Global, Inc. (OTC Pink: LUSI) (the “Company” or “ZUKI.APP”) (name and ticker symbol change pending) is pleased to announce that it has joined forces with LILAKFORTUNE, LDA (doing business as “Moneyball”), the first artificial intelligence (AI)- powered TV ads management platform, connecting sporting organizations, clubs, teams, and other influencers (large and small) and the brands who sponsor them with their fans and followers through over-the-top (OTT) media services.
Applications for Moneyball tech include:
- Post advertising dynamically embedded through video ads.
- Using machine learning-based approaches to automate and optimize the processes for potential consumer identification, information extraction, and market segmentation.
- Targeted advertising in order to present the most relevant advertising messages to consumers.
- Managing semantics-driven video ads.
- Distribute the data efficiently in order to maximize the ROI for brands for media Consumers.
- Integration with existing technologies already deployed.
- High-Level Data and Analytics.
- Object detection – Different engines focused on specific groups of game objects and formations.
- Optical flow-based Computer Vision to identify movement of a ball/moving object.
Moneyball General Manager Joel de Silva said, “We decided to partner with ZUKI.APP, since we are both in a mission to empower digital experiences and convert the right audience into engaged fans.”
Transaction Overview
The deal takes the form of a share swap, which sees LUSI taking a 25% equity ownership stake in the voting shares of Moneyball, which is valued at eight million U.S. dollars ($8,000,000), and Moneyball receiving 6,153,846 voting shares of LUSI at a price of $0.325 per share. By law and agreement, the shares issued on both sides in connection of this deal will be restricted for a year. In this transaction, the Company will have VIE control for purposes of consolidating the results of these two companies.
This deal contemplates, LUSI, Moneyball and LUSI’s other group companies collaborating to raise up to $75 million in capital together, with up to $2 million of that new capital earmarked for application to the execution of Moneyball’s ambitious strategic plan to grow and to diversify its revenue streams through adoption of its AI-powered by sporting clubs across Europe, with the main focus being on top flight professional football (soccer) clubs. Moneyball has three such clubs aboard so far, one in Brazil and two in Portugal.
About ZUKI.APP
Learn more about ZUKI.APP and its sister companies at https://www.zuki.app/zuki-group.
Forward-Looking Statements Notice
This press release includes statements that may be deemed “forward-looking statements” and for this reason is subject to the forward looking notice disclaimer found at https://www.zuki.app.
Disclaimer:
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated seven hundred fifty dollars cash and two thousand five hundred dollars worth of restricted stock for the creation and dissemination of this content by the company.
This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/