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Bullboard - Stock Discussion Forum
Fantasy Aces Daily Fantasy Sports Corp
FASDF
Technology
Electronic Gaming & Multimedia
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.
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Bullboard (GREY:FASDF)
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(4)
•••
Floridas2000
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Comment by
Floridas2000
on Jan 26, 2017 1:55pm
RE:Shouldn't we have a say?
Yes we can only wonder and wait. It's complex with their recent financing, their purchase of assets from Gaming Nation, Tom's shares. Plus everything has to be approved. Patience.
(4)
•••
Floridas2000
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Comment by
Floridas2000
on Jan 26, 2017 1:52pm
RE:RE:worth 4 x 3.8 = 15c a share
Impossible. They need to finalize approval of their last set of financing and selling it for .04 or less would guarantee it will not be accepted. There would be a price to pay if they
...more
(0)
•••
icky8
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Post by
icky8
on Jan 26, 2017 1:46pm
Shouldn't we have a say?
This is a change of business so shouldn't shareholders have a vote on this transaction? What assets do we have left,are we now a shell company with a new direction.Gaming Nation has over 6m shares
...more
(0)
•••
Smiles48
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Comment by
Smiles48
on Jan 26, 2017 1:34pm
RE:worth 4 x 3.8 = 15c a share
If that was the case the now ex-CFO and the CEO would have announced it by now. My feeling is they sold the company for the amount at which it is trading (0.04) or maybe 50% of that, desperate
...more
(0)
•••
nanaimo16
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Post by
nanaimo16
on Jan 26, 2017 12:52pm
worth 4 x 3.8 = 15c a share
if the whole thang is flogged worth minimum of 15c a share.
(4)
•••
Floridas2000
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Comment by
Floridas2000
on Jan 26, 2017 10:02am
RE:RE:"Shareholders pretty low on the totem pole"
Very true. They just closed that financing this month. If they turn around and screw the shareholders then those financiers will sue, or charge, them large and win easily. The
...more
(0)
•••
caldernet
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Comment by
caldernet
on Jan 26, 2017 9:54am
RE:RE:"Shareholders pretty low on the totem pole"
...so let's hope shareholders benefit. I get so excited when there's a halt....but immediately dread sets in. My problem.
(2131)
•••
lscfa
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Comment by
lscfa
on Jan 26, 2017 9:48am
RE:"Shareholders pretty low on the totem pole"
FAS just did a financing so it fully intended to keep operating the business...it must have got a very attractive offer to be enticed to sell the business....
(95)
•••
thearab
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Comment by
thearab
on Jan 26, 2017 9:44am
RE:RE:Site is now down
Local startup FantasyDraft.com is competing against the big boys like DraftKings and FanDuel
...more
(0)
•••
caldernet
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Post by
caldernet
on Jan 26, 2017 9:42am
"Shareholders pretty low on the totem pole"
"...purchase certain assets..." reads the news release. I worked for a company once that sold all its assets to some holding company, but none of its liabilities....my stock options
...more
(4)
•••
Floridas2000
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Comment by
Floridas2000
on Jan 26, 2017 9:27am
RE:Site is now down
That makes sense, Fantasy Draft purchased Fantasy Aces. Next they need to figure out what that means to shareholders. Fantasy Aces can't operate with no players so the company can'
...more
(28)
•••
pennylane101
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Comment by
pennylane101
on Jan 26, 2017 9:20am
RE:RE:RE:RE:Agreement with Fantasy Draft
The news release states that they sold some of their assets and yet all of their assets are tied to the accounts which they've sold. Is this a non-arms length transaction? I wonder
...more
(9)
•••
Geckom24
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Post by
Geckom24
on Jan 26, 2017 9:14am
Site is now down
https://fantasyaces.com/ well there site is down saying they have been acquired by fantasy draft on a pop up memo. They note that they beleive the transition will be done in 3 to 5 business days
...more
(0)
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Smiles48
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Comment by
Smiles48
on Jan 26, 2017 9:02am
RE:RE:RE:RE:Agreement with Fantasy Draft
As I mentioned before, the strongest Q just went by and no announcement of a record day. Somehow the board had voted to bring the new guy in, at the same time Tom saw the Q4 results and said to
...more
(4)
•••
Floridas2000
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Comment by
Floridas2000
on Jan 26, 2017 8:33am
RE:RE:RE:Agreement with Fantasy Draft
Agreed. I don't know what they're doing but they just sold their player base and account balances. We don't know how much they sell it for but how will Fantasy Aces continue
...more
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