May 29, 2024

NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Coinbase Global (NASDAQ: COIN), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), Organic Garage (OTC: OGGFF) (TSX.V: OG), and Spotify Technology S.A. (NYSE: SPOT).

Millennials are now entering their prime consumer years – with $1.4 Trillion in spending power. Lifestyle trends embraced by millennials are creating generational investment opportunities in diverse sectors such as: digital entertainment, cryptocurrencies, and plant-based foods. Wall Street Reporter highlights the latest comments from industry thought leaders:

Spotify Technology (NYSE: SPOT) CEO Daniel EK: “Podcast Ad Revenue Accelerating Beyond Expectations”
“…Our ads revenue continues to surpass even our own optimistic expectations. This I think, clearly proves the potential for ads to be the second big revenue driver for the future of our business. Not only did we have our biggest quarter ever for ads in Q3, but 2021 will mark the first time we will surpass EUR1 billion in ad revenue. While this is a significant milestone, this business is accelerating with much more room to run. Excitement from advertisers for the podcast industry has increased substantially over the last year, and we’re ahead of our plans for podcast monetization. Audio ads on the Internet are now becoming a bigger part of advertisers media mix overall….”
Spotify (NYSE: SPOT) Earnings Highlights:

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela: “10X Increase in Revenue Run Rate in 10 Months is Just The Start”
ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela, a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investors livestream shared that revenues have increased to $25 million+ run rate – which is a ten-fold increase in 10 months. Konrad says this is just the beginning as his goal is building ESE into a billion dollar global e-sports enterprise. Wasiela shared that “ESE now has a growing e-sports M&A pipeline with over $100 million annual revenues” and expected to close a significant number of these potential transactions in the coming months.

In his interview with Wall Street Reporter, ESE CEO Konrad Wasiela, says the company is now ready to scale – expanding its global footprint, with new partnerships with global brands like Porsche, and Kia driving revenue growth with aggressive focus on top line sales and margin expansion, and M&A opportunities. ESE is now rapidly expanding, with multiple revenue streams including, e-sports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and owning world-class leagues and teams, including its K1CK global E-Sports franchise.
Watch ESE (OTC: ENTEF) (TSX.V: ESE) Next Super Stock livestream video:

October 25 – ENTEF closes the acquisition of Frenzy, a European media and production infrastructure company focused on the video game industry, which creates and executes esports and gaming events, broadcasts, and media content.

October 6 – ENTEF wholly owned e-sports team, K1CK Esports, has qualified for the Apex Legends (“ALGS”) Pro League, which has a $5 million prize pool.
ALGS is a competition for the popular e-sport Apex Legends, developed by Electronic Arts. The game is available on multiple platforms, including Playstation, Xbox, and PC.
K1CK E-sports CEO, Pedro Fernandes commented, “The video game Apex Legends is seeing major growth and this $5M USD Pro League esports competition is clear validation of the game’s growing market. I am excited to announce that K1CK has qualified to the ALGS Pro League and will be competing against some of best teams in the world. The ALGS Pro League will include the highest level of competition, all fighting for a significant prize pool and chance to be crowned the best esports team in Apex Legends.”

September 15 – ENTEF closes the acquisition of e-sports company Auto Simulation Limited T/A Digital Motorsports, an Ireland-based provider of advanced simulation racing (“sim racing”) infrastructure, technology, and support. Sim racing is one of the hottest growth categories in the multi-billion dollar global e-sports market.
Watch ESE (OTC: ENTEF) (TSX.V: ESE) Next Super Stock livestream video:

Organic Garage (OTC: OGGFF) (TSX.V: OG) CEO Matt Lurie: “Ready to Scale with Plant-Based Brands and Next Gen Organic Retailing”
Organic Garage (OTC: OGGFF) a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investor conference, is capitalizing on twin megatrends in the booming plant-based foods space and specialty organic retailing. In his recent presentation, OGGFF CEO Matt Lurie shared with investors how OGGFF is positioned for explosive growth in the coming months, as it scales its “Organic Garage” specialty retail stores and launches its “Future of Cheese” brand which targets multi-billion dollar opportunities in the global plant-based dairy sector.

OGGFF’s “Organic Garage” specialty retail stores have built up a cult following among millennial shoppers in Toronto, Canada through a fun experiential retail concept and discount pricing – “Healthier Food For Less”. OGGFF currently has four stores generating over $30 million in revenue, at strong gross margins – and is now at an inflection point – ready to scale rapidly with new locations. In his interview with Wall Street Reporter, OGGFF CEO Matt Lurie discusses the possibilities for scaling the Organic Garage brand globally, whether through company owned stores, partnerships, and or franchises.

Watch Organic Garage (OTC: OGGFF) (TSX.V: OG) Next Super Stock livestream video:

OGGFF is further leveraging its retailing domain expertise into the plant-based foods space. With a strong knowledge of what sells on retail shelves and what today’s consumers want, OGGFF is developing its owned plant-based CPG brands. OGGFF has just launched the “Future of Cheese” brand targeting the dairy alternatives space. Developed by the world’s leading cheese experts, Future of Cheese is rolling out a full line of cheese, butter and other exciting plant-based dairy products. The brand is a hit with consumers – OGGFF’s initial run of butters has sold out within 48 hours of launching with selected retailers in Ontario. In his interview with Wall Street Reporter, Matt Lurie discusses OGGFF’s growth strategy for global sales expansion of Future of Cheese in retail and restaurants.

Watch Organic Garage (OTC: OGGFF) (TSX.V: OG) Next Super Stock livestream video:

October 28 – OGGFF engages Savills Real Estate to represent the company in locating, negotiating and signing prospective new Organic Garage sites, as the company prepares for the largest expansion plan since the company’s inception.

October 21 – OGGFF’s plant-based foods company, Future of Cheese sells out the initial run of its line of butters to selected retailers in Ontario following its successful launch earlier in the week.

Coinbase Global (NASDAQ: COIN) CEO Brian Armstrong: “We want to be the Amazon of Crypto Assets”
“…Q2 was a really strong quarter for us. We had amazing growth in terms of users added to the platform, assets on the platform, revenue, just about everything. And also, great diversification across our revenue lines and users. This is really good to see more and more people are using crypto and using the Crypto Economy, individuals, businesses, developers all over the world…. Two big trends we’re seeing: staking and decentralization. We now have 1.7 million users doing staking in crypto, which is a way to earn a yield on your assets. And this is up from probably zero a year ago. And I think if you go back to 2019, late 2019, we had less than a million MT users on our retail side for Coinbase in total. And now we have 1.7 million just doing one type of activity, staking. So, we’re seeing people do more and more things with crypto, whether that’s earning money with crypto, borrowing and lending, staking, using Coinbase card, and then, of course, trading. I think we’ll continue to see that percentage go up over time…That’s how a truly a crypto economy is forming, it’s not just a trading platform…”

“…We believe the future of this industry is going to be decentralized. There’s going to be more and more third-party apps that are being created where people want to connect their wallets to it and Coinbase is their primary financial account, so we need to make it easy for people to connect to and integrate with all of these third-party apps out there that are happening; NFT’s and DeFi, and there are hundreds of crypto startups now being built….We’re also focusing on international expansion, another form of decentralization, and just listing more and more assets. We want to be the Amazon of assets, list every asset out there in crypto that’s legal. There are thousands of them today. There are eventually going to be millions of them. This is the — all under the theme of embracing decentralization…”
Coinbase Global (NASDAQ: COIN) Earnings Highlights:


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