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Seven Aces Limited - Ordinary Shares ACEXF

Consumer Cyclical Leisure
Seven Aces Ltd is a gaming company with a vision of building a diversified portfolio of gaming operations. The corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the corporation is the route operator of skill-based gaming machines in the State of Georgia, United States of America.


GREY:ACEXF - Post by User

Seven Aces Limited - Ordinary Shares > News to chew on...
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Comment by Wonderwonon Mar 01, 2017 11:30am
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Post# 25912388

RE:RE:RE:News to chew on...

RE:RE:RE:News to chew on...If they closed the deal and received the cash why are there two options as consideration?  Can they not confirm which option they received?
"As consideration, the company shall receive an aggregate of $3-million (U.S.) in either (i) cash or (ii) $2.4-million (U.S.) in cash and $600,000 (U.S.) in promissory notes (bearing an interest rate of 6.5 per cent per annum to be paid in monthly instalments starting June 30, 2017, and ending on Nov. 30, 2018)."
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