Marvion Announces US$15million Acquisition of Intellectual Property Assets from Euro Amazing Limited Following Initial Success From Sales of Movie Remake Licenses
This counts as the second round of acquisition to date, following the initial success of sales from the first batch of movie remake licenses acquired from Euro Amazing Limited in April 2022.
- This counts as the second round of acquisition to date, following the initial success of sales from the first batch of movie remake licenses acquired from Euro Amazing Limited in April 2022.
- Under the terms of the agreement, Marvion will acquire all of Euro Amazing Limited's right, title, and beneficial interest in the Intellectual Property related to the purchased asset.
- "We are thrilled to announce the successful acquisition of these valuable intellectual property assets from Euro Amazing Limited again, especially since we have generated $15,094,500 from the sale of the movie remake licenses within a year.
- In consideration for the acquisition, Marvion has agreed to issue shares worth US$15 million of Bonanza Goldfields Corp to Euro Amazing Limited as the purchase price.