Do Market participants need to pay closer attention to HQ Global Education Inc (HQGE)?

A rise of 4050.00% was seen in HQGE over the past month, with an average volume of more than 339.88M shares. HQ Global Education Inc (HQGE) is trading low -7.63% at $0.0231 and in yesterday’s trading session it fluctuated between $0.0300 and $0.0221.

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About the Company

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In the heart of Los Angeles, Big M Entertainment Pictures is owned by HQ Global Education, Inc. (OTC: HQGE), a full-service film and television production company. Founded by Marvin Williams, a 15-year veteran of the music, film, and TV production industry, our company works on projects of various budgets and scopes. It was also a pioneer in creating online content and microbudget films and is currently engaged in several projects being screened simultaneously in theaters and at home or on personal devices. 

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What was the most recent HQGE Update?

The company has just announced that it does not intend to request a reverse split of its shares, nor is that matter presently discussed. The announcement came in response to rumors running rampant on social media about the possibility of a split.

“HQ Global Education, Inc. (OTC: HQGE)has no plans to split shares, nor has it contemplated doing so,” said CEO Daniel Gallardo Wagner. The company has been the subject of many discussions lately on social media, and most of it has been positive, but we’ve heard rumors about a possible restructuring. As a result, my Board of Directors has authorized me to publicly state that HQGE does not plan any restructuring at this time and will not do so for at least the remainder of the 2021 calendar year. With HQGE and Big M Entertainment Pictures’ ongoing investment in digital content, we’re confident that 2021 will be a banner year for the company, added Wagner.

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Lastly,

The Entertainment Industry is a fast-paced environment. Thus, the ability to identify desired content, foresee trends, and maximize opportunity requires management skill. For example, online content is typically a growth market that adds to a company’s long-term attraction. On the other hand, investors should be wary of companies with large stakes in declining sectors. A company may also be presented as an attractive choice in the light of near-term catalysts, such as well-received movies. Some companies may be perceived as beautiful in light of healthy return on capital, and solid cash flows from time to time.

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