Fantasy Aces Daily Fantasy Sports Corp FASDF

Shouldn't we have a say?

[icky8]

This is a change of business so shouldn't shareholders have a vote on this transaction? What assets do we have left,are we now a shell company with a new direction.Gaming Nation has over 6m shares and I wonder if they are in the dark also.How can this go ahead without shareholder approval is what I am wondering.Does anyone know how the Limited Partner shares that Mr. Frisina owns play into this.I guess we wonder and wait.

[Floridas2000]

Yes we can only wonder and wait. It's complex with their recent financing, their purchase of assets from Gaming Nation, Tom's shares.  Plus everything has to be approved.  Patience.

[pennylane101]

It doesn't appear as though we (the shareholders) have a say in the matter because the account transfer to FantasyDraft will occur within 2 to 3 business days. Lovely!   It really is unbelievable that they have the audacity to do this without prior shareholder vote or approval.  Here is the Fantasy Ace twitter feed: FantasyDraft has agreed to acquire certain assets from Fantasy

[pennylane101]

They should have a separate heading on their twitter feed: What does it mean for FantasyAces Shareholders? You're SCREWED!!!