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Pulse Evolution Announces Plans to Join the National Exchange

Recently, Pulse Evolution, BusinessWire wrote the company most famously known for creating an animated digital recreation of the late Michael Jackson at the 2014 Billboard Music Awards, announced plans to become a part of the national exchange after a highly successful second quarter.

Pulse Evolution’s earnings during the in the six months prior to December 31, 2014 totaled $4,253,309. Between the quarter ending December 31, 2014 and through August 20, 2015, the companies’ earnings from stocks sold through two strategic partnerships, were $5,020,000. Pulse Evolutions’s operating expenses during the six months prior to December 31, 2014 were $7,024,761

Given these numbers, company CEO John Textor felt that the time to move to the national exchange was right.

“We now feel that our leading role in the advancing uses of digital humans, combined with significant interest from both financial and strategic partners, suggests strongly that we should move to fully reporting status and be recognized on a national exchange. We look forward to this next stage of our development as a company,” Textor said.

On LinkedIn he further elaborated that Pulse Evolutions’s investments from strategic investors has given the company the ability to look toward creating new forms of entertainment, virtual reality, and artificial intelligence.

Pulse Evolution’s long term goals include positioning digital humans to the forefront of entertainment and culture. Future digital humans will not only preform for audiences, but also make appearances in online communication, social media, and other forms of technology. Ultimately, Pulse Evolution aspires to be the face of the rising field of artificial intelligence.

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