RE:Clusterfuk : a disastrously mishandled situation Another question where is Haywood Securities in all of this ? Apparently they took the reigns for a hefty fee following Gouran's exit =============
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - GLOBAL GAMING TECHNOLOGIES CORP. (CSE: GGAM.U) (FSE: BWSP) (OTC Pink: BLKCF) ("GGAM", or the "Company") announces that Mr. Shidan Gouran has resigned as the President effective immediately. GGAM would like to thank Mr. Gouran for his contributions to the Company and wishes him well with his future endeavors. The Company is also pleased to announce it has engaged Haywood Securities Inc. ("Haywood") to provide capital market advisory services to the Company (the "Agreement"). Haywood has been engaged to provide strategic and financial advisory services and to assist in marketing the Company to various institutional and retail investors.
Haywood has been engaged by the Company for a term of 4 months with the Agreement ending on July 31, 2019. As consideration, Haywood will be compensated with a total of 3.75 million common shares ("Shares") in the capital of the Company, issued at a deemed value of USD $0.20 per Share (the "Advisory Fee"). The Advisory Fee will be paid in four monthly equal instalments of 937,500 Shares, with the first share issuance being made pursuant to this news release.
All Shares issued will be subject to a statutory hold period of four months and one day from issuance.
On behalf of the Company:
Nolan Bushnell, Chairman and CEO of the Company
info@globalgaming.tech
For more information, please contact:
Global Gaming Technologies Corp.
Investor Relations
info@globalgaming.tech
1-800-689-8089
Read more at https://stockhouse.com/news/press-releases/2019/04/25/global-gaming-technologies-announces-departure-of-shidan-gouran-and-appointment#kpKPLqJuJdLgQ5tj.99