Spackman Entertainment: Most recent announcement was on 25 Jul when Alibaba Picutres purchased the rights to distribute Spackman's "Life Risking Romance" in movie theatres and on online platforms in China.
Also, Spackman's "The Last Princess" is performing relatively well in Korean box office, earnings a total of US$25.7m (week 1: US$12.4m) over the last two weekends. The movie's production budget was US$9.5m.
For comparison, Spackman's previous movie, "The Priest" scored US$34.7m in box office receipts with production budget of US$5.9m over its entire release period.
Spackman is testing a key resistance level this morning:
- Hit a high of $0.088, now trading at $0.087, +7.4% this morning.
- Immediate resistance at $0.088, followed by $0.095.
- Support at $0.081, followed by $0.076
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