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Bullboard - Stock Discussion Forum Fantasy Aces Daily Fantasy Sports Corp FASDF

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.

Bullboard (GREY:FASDF)

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Comment by PriceIsRighton Jan 09, 2016 4:34pm

RE:RE:RE:Gypsy Swap - 2c PP Financing - All the selling makes sense

  Fantasy Aces 28-million-subscription-receipt placement   2015-10-05 20:35 ET - Private Placement   The TSX Venture Exchange has accepted for filing documentation with ...more  
Comment by PriceIsRighton Jan 09, 2016 4:31pm

RE:RE:Gypsy Swap - 2c PP Financing - All the selling makes sense

No new shares will be floating soon....the private placement was not in escrow and was free trading from october 5th.
Comment by rugulator1on Jan 09, 2016 3:57pm

RE:RE:Gypsy Swap - 2c PP Financing - All the selling makes sense

They need to grow the users plain and simple......Money spent on marketing is a must but it they need to make sure its highly effective marketing.   Easy to value marketing results with a user ...more  
Comment by rugulator1on Jan 09, 2016 3:47pm

RE:Gypsy Swap - 2c PP Financing - All the selling makes sense

Correction:  -That makes sense. A Gypsy Swap is pretty much all they can do right now to raise cash....With proper market making services, future PP investors could have sold while the ...more  
Comment by Hamerson Jan 09, 2016 3:40pm

RE:Gypsy Swap - 2c PP Financing - All the selling makes sense

I agree, and stop the most spending at marketing and try to survive a couple of years with a low overhead
Post by rugulator1on Jan 09, 2016 3:30pm

Gypsy Swap - 2c PP Financing - All the selling makes sense

That makes sense. A Gypsy Swap is pretty much all they can do right raise cash.  The company should be opening a placement to current shareholders with a low price warrant attached ...more  
Comment by Hamerson Jan 09, 2016 3:17pm

RE:RE:No financing or consolidation required

In the past FAS did a private placement of 40mln shares at 0,10. The company involved did guarantee the placement and for that they recieved also 40mln warrants for free. They only will exercise the ...more  
Comment by lscfaon Jan 09, 2016 2:53pm

RE:RE:RE:No financing or consolidation required

2,013,880 shares issued October 28. Warrants exercised? https://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=MarketCapDailyTradingSummary&SECURITY_ID=230131&MARKET_ID=CDNX& ...more  
Comment by Hamerson Jan 09, 2016 2:05pm

RE:RE:No financing or consolidation required

And who would exercise at 0,10 when the stock is trading at 0,03?? I think they already agreed a private placement around 0,02 and that the company involved is selling right now.. 
Comment by lscfaon Jan 09, 2016 1:20pm

RE:No financing or consolidation required

Company has 40 million warrants outstanding with $0.15 strike price. If company gets strapped for money it could offer holders a reduced strike price at $0.10 to exercise early. That would raise $4 ...more  
Comment by lscfaon Jan 09, 2016 10:22am

RE:Today Conference call

FAS Dec 9, 2015 CC   Average player plays on 3 to 5 sites so FanDuel, DraftKings has no duopoly   Large marketing budget not required because many players are looking for alternative ...more  
Post by lscfaon Jan 09, 2016 9:25am

CEO interview on Smallcappower

Projecting users to grow from 20,000 to 100,000 https://smallcappower.com/top-stories/were-seeing-explosive-growth-numbers-right-now-says-fantasy-aces-tsxv-fas/
Comment by thearabon Jan 09, 2016 8:04am

RE:RE:No financing or consolidation required

Scuba-Believe me or not I have had five consolidations in the past year in one of them a member of the board was one of my best friends and he was not able to tell me that there was a consolidation ...more  
Comment by rugulator1on Jan 09, 2016 2:13am

RE:They do need financing!

We shall see shortly in the upcoming financials how much cash is left of the recent financing on the balance sheet and a more accurate on going cash burn rate. FAS needs cash no matter how you look ...more  
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