MSM Invests A$1M Into Weyo
Summary
LONDON, England, March 21, 2022 (GLOBE NEWSWIRE) -- MSM Corporation International Limited ("MSM" or the "Company") is pleased to advise it has contributed A$1M via a Convertible Note issue in Weyo, a company which has developed a unique AR early learning platform, offering kids active-play experiences to establish essential foundational skills and forge a growth mindset. Weyo was founded by Baz Palmer, a multi-platinum musician and songwriter with Hunters & Collectors and Stuart Berwick, one of a small team responsible for creating superstar band, the Gorillaz world-first AR app. MSMs first product to delivery was the Megastar App, a global, mobile-first talent competition, featuring performers of any category, who competed to win one Million US Dollars. MSM has now acquired Riva Technology and Entertainment Limited ("RTE") which is well positioned to take advantage of the significant growth experienced across the global gaming industry as Gen Cs behaviour has shaped the creator economy encompassing content creation, distribution and consumption. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this release.