11:37:56 EDT Thu 18 Jul 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Shell Summary
Symbol C : *MKTSHEL
Recent Sedar Documents

Shell Summary for June 28, 2019

2019-06-28 21:12 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange rose 5.42 points to 585.47 Friday, but it ended the month down 16.08 points. Scott McGregor's first capital pool shell, Gegs Capital Corp. (GEGS: halted), has submitted a filing statement for its qualifying transaction, which is the acquisition of an e-sports (competitive video gaming) company called UMG Media Corp. The shell will roll back 1 for 4, leaving it with 3,648,000 shares issued, then issue 37,801,503 shares to its target's shareholders.

UMG Media hosts video-gaming competitions on-line as well as in live events (in which players gather together to compete, and other video-gaming enthusiasts can watch the games live on big screens). According to the company's website, it has so far given out $394,569 (U.S.) worth of cash prizes to the winners of its free-to-enter tournaments on-line. UMG Media, which was founded in 2012, boasts of having 2.1 million website users who have so far played video games on its website 18 million times.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2019 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.