HSX Forum

Movies

(Kavanaugh tried to buy HSX in 2019, ESX is what he started instead)

Posted by: notfabio on May 12, 13:33 in response to notfabio's post Skill House that she's the lead in is backed by a...

After unsuccessfully attempting to acquire the online stock trading game Hollywood Stock Exchange (HSX) in February 2019, Kavanaugh set out to create a film properties trading exchange for fans to invest in movies.[50][51] In May 2019, Kavanaugh announced a cryptocurrency to be used for fractional investing in the platform's slates.[52] Kavanaugh was confident that the Jobs Act would allow his platform to operate legally, but securities experts said that the project's inherent risks might increase scrutiny from the SEC.[51][53] He tapped Elon Spar, who formerly worked for Cantor Fitzgerald, the owner of HSX, to help him develop the company. The two subsequently formed Entertainment Stock X (ESX) with Spar as CEO.[50][54]





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