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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 lscfaon Jan 27, 2017 9:24am
134 Views
Post# 25762629

RE:Possible scenarios

RE:Possible scenariosIt's an asset sale so FAS continues as a co. with a big wad of cash....mgmt probably deciding if they 
will wind down co. and pay out cash to shareholders or does FAS look for new business and take advantage of tax loss carryforwards.....

SuperMoney wrote: Given FatancyDraft has bought FAS (please see https://www.fantasyaces.com ), I think we may have three possible scenarios: 1. Our shareholders get cash payment from FantacyDraft based on the number of shares we own while all FAS shares will disappear from our accounts; 2. We get part of cash payment from FatancyDraft based on the number of shares and meanwhile we continue to trade FAS shares under FAS shell company; (3) FantacyDraft offers higher prices to acquire +51% common shares from our shareholders.

Any comments or any other possible scenario please. Thanks. Cheers.


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