Momentous Entertainment Group Inc (OTCMKTS:MMEG) shares are flat at $0.00050 but could be in for a bullish run. Share prices have been trading in a 52-week range of $0.00 to $0.04. The company has a market cap of $410,980 at 821.96 million shares outstanding.
In a press release, Momentous Entertainment Group Inc announced the Russian language localization of its wholly owned subsidiary, Chimera classic games title, The Mob: Rise of the Don played worldwide in over 40 countries, has been completed. It is ow available in Russia on the VKontakte social media platform, which is the second largest social media platform in the world behind Facebook.
“With recent major technology enhancements made to the game which allow fast language translation and game localizations, Chimera is able to quickly provide local language versions and will be moving to launch ‘The MOB: Return of the Don’ in local languages and on other social media and gaming platforms around the world,” remarked Momentous Entertainment Group Inc CEO Kurt Neubauer.
“We are very excited about this new user acquisition and revenue generating potential with the Chimera game now being translated and integrated onto the Russian VK platform putting the game in front of many millions more potential users,” he continued.
Momentous Entertainment Group Inc is a media company that intends to operate in four segments of the media industry. These segments include content, distribution, live events and direct marketing.
The content segment has a recording division, and a film and television division. The distribution segment will focus on the distribution of MMEG content through cable, radio, television and streaming distribution outlets. The live entertainment segment will focus on highlighting MMEG contracted artists, their content and the creation of additional content that cost has been cover by the consumers. The marketing segment will directly sell MMEG intellectual property to consumers. The recording division offers an album to the faith market entitled the Greatest Story Ever Sung with music from Susan Olmon and the late Roger Clark, and narration of the story of the life of Jesus by Stephen Baldwin. It intends to sponsor live concerts and other musical events.