Mr. Andrey Kontyaev of Global Gaming reports
GLOBAL GAMING TECHNOLOGIES ANNOUNCES DECISION IN AB MINING LITIGATION
The B.C. Supreme Court has rendered its decision in the lawsuit brought by AB Mining Ltd. against Global Gaming Technologies Corp., formerly Global Blockchain
Technologies Corp., and Metaverse Capital Corp. in connection with an asset purchase
agreement for the sale of bitcoin mining equipment from AB to the
company and Metaverse. In its decision dated Aug. 13, 2019, the court determined that the
company and Metaverse breached the agreement and that AB is entitled to damages, pre and
postjudgment interest, and costs of the litigation from the company and Metaverse. The
amount of damages has not yet been determined.
About Global Gaming Technologies Corp.
Global Gaming Technologies is a gaming industry holding company that provides
investment exposure to digital interactive entertainment in emerging technologies, such as
augmented reality, virtual reality and artificial intelligence, in addition to e-sports and
traditional game platforms, such as mobile and console. It is focused on gamifying content
using visual cinematics across all platforms. The company's strategy is to publish games and
content that are immersive in storytelling, bold in design and technologically innovative.
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