KelownaClown wrote: This isnt complete gibberish... maybe a small buy at these levels is waranted? On the other hand, it's kind of scary that a debt of $9,000 needs to be paid with shares - does this company have no cash whatsoever?
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2020) - FANDOM SPORTS Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FSE: TQ43) ("Fandom Sports" or "the Company") is pleased to report that the Company has commenced requested upgrades to the Fandom Esports Platform (the "Platform") based on feedback from potential partners and super users garnered during the private Beta launch.
Certain purpose-built features and functionalities which are being integrated to the Platform include but are not limited to:
- Platform-wide multi-stream viewing capabilities that facilitate multiple game streams to be viewed in a floating Picture-in-Picture format whilst maintaining in stream predictions and wagering.
- Verified logins from major international social and messaging platforms.
- Preferred Esports streaming platform selection.
- User generated predictions for both all ages predictions and regulated iGaming wagering.
- Global and direct challenges on all predictions and wagers.
- Curated news and action feeds.
- Development of Game Publisher and Tournament direct Application Program Interfaces ("API").
- Custom data analytics and administration portals.
An updated highlight video can be viewed at:
https://www.youtube.com/channel/UCLSa11fHLfYSphSC6wLx5Aw
"Having already determined the infrastructure requirements required for a global launch, we continue to develop innovative and proprietary technologies that will give Fandom players a transformative way to play predict and get rewarded for interacting with Esports data feeds," states David Vinokurov, CEO and President.
Partnership discussions are on-going and the Company will be providing regular updates on feature rollouts which will assist in defining business terms for localized launches of the Platform.
The Company is currently advancing corporate structures and governance to support the forth coming iGaming wagering launch built upon the Fandom Sports user interfaces.
Shares for Debt Settlement
The Company reports that a debt settlement agreement has been issued for 45,000 shares based on price of $0.20. The shares have been issued in lieu of a payment of $9000 CAD. The shares when issued will be subject to a 4 month hold period.