Core Insights - Authentic Holdings, Inc. has completed the acquisition of Goliath Motion Pictures Entertainment, which adds $11 million in tangible assets to its balance sheet [2][4] - The acquisition will enable Authentic Holdings to leverage Goliath's content for Video on Demand opportunities and develop revenue share programs with corporate media distribution companies and independent station owners [2][3] - Goliath's library includes award-winning shows and films, enhancing audience engagement and expanding Maybacks' advertising market footprint [3][6] Financial Impact - The acquisition significantly enhances Authentic Holdings' shareholder equity, which is crucial for potential uplisting to a higher exchange in the future [4] - The purchase was made through issuing Convertible Preferred Stock, which will not have immediate dilutive effects on shareholders, allowing for substantial growth during the hiatus period [5] Strategic Goals - The acquisition allows Authentic Holdings to expand its presence in 61 Designated Market Areas (DMAs) with a goal of reaching 100 DMAs and achieving a $50-100 rate card for 30-second ad spots [2][3] - The integration of Goliath's content library is expected to redefine audience engagement across various platforms, positioning Maybacks for long-term financial growth [6]