ALISO VIEJO, CALIFORNIA--(Marketwired - Oct. 21, 2015) - Fantasy Aces Daily Fantasy Sports Corp. (the "Corporation" or "Fantasy Aces") (TSX VENTURE:FAS) is pleased to announce that it will be launching the start of the NBA season on October 27th.
The tip-off is set for 2015-16 NBA season and FantasyAces is excited for the upcoming months. Its plans include:
-- $250,000 NBA Live Final Championship -- Awarding in excess of $7,000,000 in total prize payouts during the season -- A marketing budget aimed at continuing its tremendous growth as seen in NHL, NFL and CFB in 2015
The company also wishes to announce that they will be holding an investor conference call on Thursday, Oct. 22, at 7:00 a.m. PDT.
During this call, Fantasy Aces chief executive officer Tom Frisina will be commenting on recent macro events related to the Daily Fantasy Sports Industry in addition to recent corporate developments in the context of the business plan. Following his comments, Mr. Frisina and management will answer questions, regarding the business of the company.
"Fantasy Aces is driving full speed ahead regardless of what the media is causing everyone to believe and we're looking forward to updating investors with our progress and our views on the overall macro situation on our call tomorrow," says Tom Frisina, Chief Executive of Fantasy Aces. "We have confidence in our business moving forward, we've anticipated some form of regulation in the future and we're prepared for it whenever it materializes."
As well, the Corporation wishes to announce that due to the recent changes by the State of Nevada, its $500,000 NFL live event final in December is being moved from Las Vegas to a new location. Fantasy Aces will announce the details of the new event once all the details are finalized.
The live conference call will be available by calling:
US/Canada Toll-Free Number
Dial-in Number: (866) 644-4188
Participant Code: 66011479
The conference call is open to any investor or stakeholder, including shareholders, broker-dealers and other securities professionals. To submit one or more questions to the CEO, please e-mail your question to et@transcendcapitalinc.com with the words "investor question for conference call" in the subject line. Fantasy Aces management will do its best to address as many of these questions, along with any brought forward on the conference call, as possible in the time allocated for the call.
About Fantasy Aces
Fantasy Aces is a leading DFS (Daily Fantasy Sports) site focused on everyday skill-based fantasy sports games. Fantasy Aces has developed proprietary software which allows users to create fantasy teams from the player rosters of actual sports leagues and then use their teams to compete against other users in various categories such as points scored, yards gained, goals, assists or home runs registered, depending on the specific sport. The FantasyAces.com website currently offers daily and weekly skill based fantasy sports games for six major North American sports, including the NFL, NBA, NHL, MLB, College Football and the PGA. Fantasy Aces also offers a variety of entry fee contest options for its members to play, in addition to free roll tournaments to attract new members to the site. Fantasy Aces charges a management fee from all entry fees collected on the website.
Reader Advisory
Certain information set forth in this news release contains forward-looking statements or information ("forward-looking statements"). By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Corporation's control, including the impact of general economic conditions, industry conditions, currency fluctuations,, operational risks, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although the Corporation believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our public disclosure documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, the Corporation does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
Trading in the securities of Fantasy Aces Daily Fantasy Sports Corp. should be considered highly speculative.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
FOR FURTHER INFORMATION PLEASE CONTACT: Fantasy Aces Daily Fantasy Sports Corp. Tom Frisina Chief Executive Officer (805) 565-7850 tom@fantasyaces.com Fantasy Aces Daily Fantasy Sports Corp. Dave Antony Director (403) 531-1710 dave@fantasyaces.com Source: Fantasy Aces Daily Fantasy Sports Corp.