ESE Entertainment Inc V.ESE

ESE the next esports global leader

[Alexandchoy]

ESE is rapidly expanding, with multiple rev streams including

- E-Sports infrastructure software powering global tournaments

- exclusive digital media distribution, broadcast rights, 

- owning world-class leagues and teams, including its K1CK global E-Sports franchise

 

They are also still super tight with $53M mc and only 42.6M shares + they announced an apparel and merchandising sponsorship deal with Six Apparel today! They will supply and distribute merchandise for $ESE pro esports team = K1CK. 

 

= a buy here IMO at $1.26 following breakout and sell off.

[samtheinvestor1]

Nice summary, these guys are super active and finally a deal with tight structure. Any idea when they will close the next acquistion? In some interviews I hear it will bring a additional 10 +million in revenue. And if that's true they should be at $3-$5 range? 

[Doozer]

I'm just doing my DD on this company and have yet to invest.  My early understanding is that all M&A will be funded by the issuance of shares and the # of shares out can easily double from what it is today. Share price would obviously have to adjust based on the (multiple) round(s) of dillution for future M&A to reflect a market cap that makes sense.  Target acquisitions

[samtheinvestor1]

I've been bullsih on ESE since day one. Great insight, i've been following the deal closley. They seem to continue to put out valuable news and are efficients and closing deals fast. I am excited to see the terms around the next acquisition, from what I heard 12.5million plus in revenue with limited shares out and huge synergies with existing business. I love Konrads ambition, BILLION