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AGORACOM NEWS FLASH

BREAKING: Enthusiast Gaming Targets Mobile Gaming Market with LOI to Acquire Steel Media, the Leading Global Mobile Gaming Media and Events Company

  • Will position Enthusiast as a leading publisher in the mobile gaming industry with significant growth of online and offline gaming community
  • Owner of over 20 mobile gaming websites and Pocket Gamer brand, the leading mobile gaming media website
  • Operates 25 live events in 11 countries, including the largest B2B mobile gaming event in North America and Europe

Hub On AGORACOM / Read Release

Message: Eastern exercised some $0.90 cent warrants

By my math the 13,270,000 and 5,600,000 units HL and Eastern subscribed to respectively, they translate into 18,870,000 units with the warrants totalling a little over 1.4 million....and being priced at $2.67 for net proceeds of close to $3.8 million if converted...

Not a huge sum given the burn rate....but the money they just got from Eastern's conversion is probably enough for Rothschild's retainer anyway. Every little bit helps at this stage until something more substantial can be arranged, hopefully at significantly higher prices than $3 or $4  per share...

Now its time for bed.....does anyone sleep in this hub?

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