Cabo Verde Capital Inc. (OTC:CAPV) stock continues to trend higher.
This morning, many investors are possibly going to look into those companies that may have been in the news this past Friday, and one of the companies that may be in focus is Cabo Verde Capital Inc. (OTC:CAPV). The company came into focus after it emerged, along with the VYRE Network subsidiary channel VYRELive, and collaborated on the establishment of VYRE Live Studios DLTA. It would function as a creative hub for film, television, and production that would supply content creators with equipment and rental space.
In the news release, the company announced that VYRE Live Studios was a two-story creative encompassing an area of 2450 square feet. It was noted that it housed a green screen, a photography studio with grip and on-site lighting, and also a high-definition projection wall that was 40 feet in height. The second floor of the property consisted of a music studio, a podcast room, a movie scoring audio/digital workstation, and a 16-seat movie theater meant to provide private screenings.
It was announced that VIRE Live Studios was an asset that belonged to VYRE Live, and Harris Brown, the President of VYRE Live, had personally curated it. Brown had done so for the purpose of creating another source of revenue for the channel by way of equipment and studio rentals. Additionally, the fact that VYRE Live had its own studio would help in reducing the cost of creating original content meant for the VYRE Network channels considerably.
The studio had been established to function as the home of all the content providers in the VYRE network and the brands that work with the company, so as to have a designated creative hub. Brown noted that he looked forward to the sort of content that was going to be created by those who rented the creative hub.