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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
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Post by allison5120on Oct 12, 2017 9:16am
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Post# 26803404

Oct 10th press release announces closing of acquisition

Oct 10th press release announces closing of acquisitionSee October 10th , 2017 press release at Quantum International Income Corp. Completes Acquisition of Fun Games Inc.; Continues Consolidation Strategy in Georgia Gaming Market

New acquisition is accretive. If company can replace its current 16% debt facility with a debt facility closer to more usual bank rates (which it is actively attempting to do by end of this calendar year), 2018 will be a profiable year for QIC.  Based upon new acquisition announced on October 10th, annualized revenue run rate could be approaching Cdn. $60M.

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