Entertainment Arts Research Inc. (OTCPK:EARI) acquired 90% of stake in Tian Jin New Pattern Buolong Film Enterprise Management Co., Ltd from New Pattern Capital Ltd. (Shenzhen) for $17.9 million in October, 2017. As per the consideration Entertainment Arts Research Inc. will issue 30.39 million share to New Pattern Capital Ltd. (Shenzhen). Post completion Tian Jin New Pattern Buolong Film Enterprise Management Co., Ltd. will be renamed as EARI China. Entertainment Arts Research Inc. (OTCPK:EARI) completed the acquisition of 90% of stake in Tian Jin New Pattern Buolong Film Enterprise Management Co., Ltd from New Pattern Capital Ltd. (Shenzhen) in October, 2017.