VNUE, a small technology company traded on the OTC markets, is acquiring livestreaming platform StageIt
VNUE, a small technology company traded on the OTC markets, is acquiring livestreaming platform StageIt, it was announced Thursday .
VNUE is considered a penny stock, due to its value being below $5 per share. As of Thursday VNUE shares were trading for $.0126 apiece.According to a press release announcing the acquisition, StageIt will add over $9 million in revenue to VNUE's books, which per the SEC only generated $22,404 in 2020 and $2,261 in the first quarter of 2021, likely because of the halt to touring during the pandemic.
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