Preferred Authorized: 5,000,000
Issued and Outstanding Preferred: 1,000,000
Common Shares Authorized: 250,000,000
Issued and Outstanding Shares Common Shares: 29,932,935
|Outstanding Shares ||31,302,743 ||a/o Dec 31, 2015 | Freely Tradable Shares (Public Float): 73,340
|Float ||1,023,340 ||a/o Dec 31, 2015 |
Transfer Agent(s) TRANSFER AGENT
Continental Stock Transfer & Trust
17 Battery Place
New York, NY 10004
Business of Issuer
As a result of the closing of the acquisition of World Poker Fund, Inc., the Company has entered the casino and online gaming sector. See, http://www.worldpokerfund.com.
We are comprised of four divisions: Sponsorship Tournaments, Media Entertainment, Web Gaming, and Casino Development and Operations.
The sponsorship tournaments are held to discover and develop poker careers for up-and-coming poker players.
Every member has the opportunity to earn a spot as a sponsored WPF sponsored player.
A series of non-cash multi-table tournaments (MTT) will be held to determine the best poker players.
Top ranked members will be awarded with a three-year player’s contract.
Player’s contracts consists of a $2,500 monthly draw for the first twelve months, fully sponsored action on all approved buy-ins and tournament fees,
all-expense-paid travel and accommodations for out-of-town tournaments, 50% of winnings, and a chance to star in our reality TV show.
We are currently in production of two reality TV series. The first show is entitled Urban Poker.
Urban Poker will feature established musicians, actors, and athletes in a series of poker tournaments for charity (Instagram: URBANPOKER).
The second show is tentatively entitled Poker Dreams. This is a reality show based on the lives of our sponsorship contestants.
Both shows have been secured to be filmed in Hollywood, CA. Both shows are planned to be distributed on Lookhu.com.
Currently, just Nevada, Delaware and New Jersey have web gambling industries.
We will be developing an internet poker platform for the California market should online gaming become permitted in the state.
We are also currently seeking to establish relationships with American Indian Tribes to develop internet poker and gambling platforms
throughout the country within sovereign rights under the Indian Gaming Regulatory Act (IGRA).
CASINO DEVELOPMENT & SERVICES
We are seeking opportunities with American Indian Tribes to establish and develop of Class III gaming operations.
Part of our business model will include assisting Native American tribes secure financing to petition for federal recognition and repurchasing land into federal trust.
INDIAN GAMING REGULATORY ACT OF 1988
As codified by the Indian Gaming Regulatory Act of 1988 (IGRA), states have limited ability to forbid gaming in areas that have tribal sovereignty. IGRA
breaks gaming into three separate classes: Class I gaming is social and ceremonial gaming of the tribal members; Class II gaming includes bingo and
house-banked card games; and Class III gaming is all other types of gaming. Indian tribes are allowed to engage in Class I gaming without exclusions
or conditions. Class III gaming can only be conducted under a legal compact between a tribe and the state wherein the Indian lands on which the gaming is conducted lie.
Tribes may operate Class II gaming on their Indian lands under self-licensing and regulation, and without a governing tribal-state compact,
when such gaming is permitted to anyone else within the state in accordance with state laws.
It is our position that an online poker site on sovereign land is authorized Class II gaming under IGRA.
BENEFICIAL OWNERS OF WPFH
(5% of issued and outstanding common shares or more)
Floyd Mayweather, Kyle Massey, Justin Bieber, Michael Ray Nguyen-Stevenson (aka Tyga), Jason Paul Douglas (aka Poo Bear), De Andre Cortez Way (aka Soulja Boy)