Shares of TLD3 Entertainment Group Inc (OTCMKTS:TLDE) ended sharply higher on Friday on unusual volume.
Market Reaction
On Friday, TLDE stock soared 73% to $0.0390 with 9.4K shares, compared to its average volume of 22k shares. The stock has moved within a range of $0.0390 – 0.0390 after opening trade at $0.0390.
Latest News
Development stage digital entertainment company, TLD3 Entertainment Group Inc (OTCMKTS:TLDE), announced entering into a number of new affiliate partnerships targeting $100 billion Latino, ethnic Black, and Multicultural entertainment markets.
One of the fastest growing segments of streaming and live entertainment markets is Urban ethnic digital entertainment. The company has entered into a partnership for foraying into digital entertainment streaming markets as well as for developing markets for the social-media music app Inpulze. TLDE made Streaming Entertainment Ventures and Urban Streaming Network with Marco Mall of Florida Film House as well as Urban Film Festival.
USN will be operating as a streaming and delivery platform for urban content from around the world. In the Urban Film Festival that was online, Urban Streaming Networking showcased both films as well as celebrity interviews during the festival.
TLD3 also announced on doing an initial public offering of the common stock. While the number of shares, structure as well as price of proposed offering hasn’t been decided yet, it will start after the Securities and Exchange Commission finishes its review process of registration statement pertaining to the offering that the firm is intending to file. The offering will be subject to market as well as other conditions.
