Fantasy Aces Daily Fantasy Sports Corp FASDF

valid questions from an interested outsider

[markcuban]

I used this company's website form last night to ask some questions I would have liked answered after yesterday's news. I was expecting to get a reply from someone from the management team. Instead, I was given a reply of some guy named Etienne M. A Google check shows he's an amateur tennis player?? Anyway, he just said to call. From past experiences, I don't like dealing with IR guys at all and would rather pose these questions to current investors instead: 1) They had almost $4 million at the end of September. Why the need for financing so soon? Did they really burn through that money in only 4 months? 2) If their burn rate is $1 million/month, what will doing a $1.25 million finance do, keep them open until Spring Training? 3) Who is this strategic marketing partner? Why was no name mentioned in the news release? Is Fantasy Aces in such dire financial constraints that this was the best arrangement they could come up with? Shareholders seem to be getting bent over in this deal with the obscene dilution. A name should have been disclosed. 4) Why didn't they propose a private placement when the share price was stronger? Poor forward thinking by management? Incompetence? Thanks to all replies.