13:32:55 EDT Tue 27 Oct 2020
Enter Symbol
or Name

Login ID:

Shell Summary for May 14, 2020

2020-05-14 20:16 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 gained 4.85 points to close at 498.26 Thursday. Mohammad (Mo) Fazil's second capital pool shell, Elephant Hill Capital Inc. (EH: halted), plans to acquire Esports Ltd., doing business as Luckbox, for the shell's qualifying transaction. The shell will roll back 1 for 4.2, leaving it with 1,666,666 shares issued, then issue 32,200,142 shares to its target's shareholders.

Luckbox operates a betting website for e-sports (competitive video gaming). On the website, users can watch e-sports matches, place bets before or during matches, view statistics, and chat with other users. They can finance their bets using credit cards or cryptocurrencies. Luckbox was founded by Mike Stevens and Lars Lien in 2016. Mr. Stevens lives in Sydney, Australia. From 2007 to 2012, he worked for the on-line poker operator PokerStars Inc., in positions including game integrity manager, poker specialist team manager and collusion team manager. He has since been a self-described professional gambler. His Luckbox co-founder, Mr. Lien, lives in Malta. He worked at PokerStars from 2008 to 2015, in positions including tech support manager, operations manager and promotions manager.

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

© 2020 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.