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by Stockwatch Business Reporter

The TSX Venture Exchange added 4.59 points to close at 790.57 Friday, ending the week up 17.55 points. David Subotic's halted capital pool shell, Stratton Capital Corp. (SNK), has completed its qualifying transaction by acquiring a Toronto-based video gaming website operator called Pro Gaming League Inc. The shell rolled back 1 for 4, which left it with 1,814,044 postconsolidated shares issued, then it issued 85,449,812 postconsolidated shares to Pro Gaming's shareholders. Stratton is now awaiting exchange approval to resume trading as Millennial ESports Corp. (MIL).

Pro Gaming's website had about 184,000 registered users as of June 1, 2016. Some of them pay subscription fees to receive perks (for example, they can accumulate gaming points faster), while others play games for free. Players can win cash and other prizes. Games on the website include League of Legends, Call of Duty and Halo. Pro Gaming's founder, Chad Larsson, used to be a professional video game player. Competitive video gaming, also called e-sports, has been gaining popularity as a spectator sport. For investors not up on the latest in video gaming, its enthusiasts flock to stadiums to watch their fellows play onstage and on large screens. In October, 2015, Los Angeles-based Riot Games Inc. held its fifth annual League of Legends World Championship. The quarter-final was held at the Wembley Arena in England, the semi-final was held at the Brussels Expo in Belgium and the final was held at the Mercedes-Benz Arena in Berlin. The games were broadcast on several websites, including the BBC Three website. The winners received between $150,000 (U.S.) and $1-million (U.S.). This year, the final will be held at the Staples Center in Los Angeles on Oct. 29. The event is sold out.

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