leadf
logo-loader
viewProactive Australia

MSM hits the ASX boards

au_asx_2_358_56959c312efd8.jpg

MSM Corporation International (ASX:MSM) formerly Minerals Corporation will start life as a listed company today with $7 million in cash reserves after a reverse takeover spawned an online, mobile-first, talent discovery competition platform.

The RTO saw MSM issue some 117 million MSM shares at $0.06 each in the offering that placed a post-money valuation of $16.5 million on MSM.

The first product offering is called the Megastar Millionaire talent discovery platform which will look to disrupt the search for new artists, traditionally done through television, via interactive online gaming and social media that will mobilise and individualise talent discovery.

The Megastar Millionaire competition platform will allow people to more easily showcase their talents to a global digital audience and offer advantages over traditional television platforms.

The business model will be aided by being the first to market platform and has strategic partnerships with Silicon Valley-based music content and community platform developer ToneDen Inc.

Partnerships with next generation studio/distribution platform Digital Riot Media LLC and leading talent agency ROAR LLC are enhanced by media and entertainment industry figures including Doug Barry, Dion Sullivan, Michael Pole and John Baldecchi.

 


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Quick facts: Proactive Australia

Price: - -

ASX:.
Market: ASX
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Cipherpoint hails NTT Data Deutschland deal a 'an excellent partnership and...

Cipherpoint Ltd's (ASX:CPT) Steven Bliim talks to Proactive about their new strategic new partner in global technology and innovation company NTT Data Deutschland GmbH. He expects this partnership will expose the company to some of their 123,000 employees in more than 50 countries. Bliim...

31 minutes ago

2 min read