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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.


GREY:FASDF - Post by User

Comment by SuperMoneyon Oct 04, 2016 1:42pm
51 Views
Post# 25307670

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I neeed to rant about the US tracker FASDF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I neeed to rant about the US tracker FASDFBy the way, dont forget to ask: Why will FAS pay $4.4 million to purchase FFI database if it can not make large profits for FAS??? No brainer. Cheers.
SuperMoney wrote: Smiles, as you requested, the following is my comments/opinion regarding to your previous posts. ======================== Based on the news (see the following quote), I can see the FFI database is worth about $4.4 million (=35,000*$125) if FAS wants to acquire 35,000 participants. In addition, the purchase price being paid in common shares of the Corporation will be a price per share based on the 20 day moving average of the shares on the transaction date (which nobody knows yet now). As far as I can see, if FFI database wants to be paid more FAS shares, the share price has to be depressed for past 20 days before the closing date. Who is likely going to do this? Hopefully, Smiles, you see the possible answer. Therefore, Smiles, I think you made lots of assumptions, calculations and conclusions in your posts that could be totally wrong and misleading. =================================== Partially quote from the news: The Acquisition will provide Fantasy Aces direct access to over 35,000 participants in the FFI database. Most importantly, there are many unique FFI participants who have deposited and played over the last year, and are not duplicated on the Fantasy Aces platform. For those unique user participants, the Corporation will pay Gaming Nation C$125.00 per participant. Gaming Nation will receive a cash payment of C$25,000, with the remainder of the purchase price being paid in common shares of the Corporation at a price per share based on the 20 day moving average of the shares on the transaction date. The exact purchase price will be determined once the Corporation and Gaming Nation agree on the number of unique user participants being acquired pursuant to the Acquisition.
Smiles48 wrote: 35000 fantasy feud participants deal, rings a bell?
If not, do a google.
Once you do please report back, to let us all know that I was not lying about fantasy aces paying 60,000,000 shares for access to 35000 players.
Don't forget to read the part about the 20 day average sp.




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