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UMG Media Ltd - Ordinary Shares UMGMF

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UMG Media Ltd is a premier eSports company in North America, offering gaming entertainment, live events and online play. UMG has operations involved in live tournaments, online contests, casino eSports operations, creation and distribution of original content and eSports tournament operations through its proprietary tournament management app.


GREY:UMGMF - Post by User

UMG Media Ltd - Ordinary Shares > when does the deal close?
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Comment by YellowBrickRoadon Nov 19, 2019 7:26pm
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Post# 30371781

RE:RE:RE:when does the deal close?

RE:RE:RE:when does the deal close?
Steve888 wrote: If approved by the votes in Dec 17, 2019, what is the benefits for the shareholders? Will the shareholders make profits from it? Any thoughts please. Thanks.

Depends on what the shareholder bought ESPT for and what the price of GAME is upon receipt of shares.  

At todays's prices, one share of GAME @ $1.64 makes ESPT worth $0.1332.  

When the deal was announced GAME was $2.40, with conversion @ 0.081217 that made ESPT worth $0.1949.  

ESPT currrently trading @ $0.05 due to uncertainty.
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