RE:RE:M & A You're right in one regards - should be 1.5 of their shares per one of ours.
as an M& A deal it would be a great fit and these guys have the $ to push whatever IP wins might be out there.
Dont forget Game only has a 50% interest in net IP anyway as the old group hold the other half - so i would rather see some proper forward action coming from something like this than the $15k down the toilet each month to their latest hype group.
hellz wrote:
Puma1back wrote: Enthusiast Gaming should buy these guys - isuue 1 for 1.
less than 10% of their float , fold in and you can turf all the duplication compliance costs etc
That makes no sense!!
Why would they forfeit their possible IP that they are seeking patent protection against??
Management here is likey in for the long haul to try & squeeze DKNG/Flutter etc out of settlement funds**if they get validation**
The market environment is going to be more brutal to small caps. Even big caps are getting decimated. This stock las lost all liquidity in NAS,,looking like less than $10k order flow through daily. Will likely get a delisting notice in a month or so. Only question now is how low it will go, before they prop it up in some manner. I don't think they would desire a delist & to head back onto the OTC, but it is a good place to hide out for a bit while the legal battle ensues.. At current $13M market cap, it's an interesting view! Too many Canadian equities have lost nearly all cap value, this still floats above $10M.