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News: $HUGE FSD Pharma Leaves Cannabis For COVID, Stock Pops On News
FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN )announced that it has notified Health Canada of the company’s decision to forfeit the licenses of its wholly-owned subsidiary, FV Pharma, Inc. and suspend all activities by FV Pharma within 30 days of the notification date. FS...
Find out more HUGE - FSD Pharma Leaves Cannabis For COVID, Stock Pops On News
News: $HUGE FSD Pharma Announces Decision to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.
FV Pharma to shut down operations within 30 days TORONTO, ON / ACCESSWIRE / July 30, 2020 / FSD Pharma Inc. (NASDAQ:HUGE) (CSE:HUGE.CN) (FRA:0K9A) (" FSD Pharma " or the " Company ") today announced that it has notified Health Canada of the Company's decision to forfeit the licenses o...
Find out more HUGE - FSD Pharma Announces Decision to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.
And one last thing before I remove this from my bookmark. By waiting for the payout instead of selling at the bid - which at times was slightly higher than the buyout -- my shares are in an ESCROW account so I may receive additional $$ in the future as per the press release"
Additionally, after closing of the transactions, Massive’s stockholders and the other sellers will be eligible to receive a contingent earnout payment with a maximum aggregate value of USD $35 million. The payment of the earnout is conditional and may not occur; it is subject to Massive and its subsidiaries achieving certain financial targets in the three calendar years following closing of the acquisition, subject to acceleration or reduction in certain circumstances.
Just noticed I got the payout into my account on the 20,000+ shares that I didn't sell on the runnup.
~ $4300 profit on those.
Let's find another!
HUGE: Cash merger; HUGE acquired by Deltatre Group Limited, a private entity; for every 1 share of HUGE shareholders have the right to receive $0.22128482 in cash.
FINRA deleted symbol, effective 8:53 A.M.:
http://otce.finra.org/DLDeletions
Same here Lazarus. Nice to wake to this sleeper. Let's gooooo!
woot woot! still holding some.
https://www.otcmarkets.com/stock/HUGE/news/story?e&id=1218850
Massive Interactive, Inc. Enters Into Agreement to be Acquired by Deltatre
LONDON--(BUSINESS WIRE)-- Massive Interactive, Inc. (OTCBB:HUGE), the award-winning OTT software company, today announced it has signed a definitive agreement to be acquired by Deltatre, the international leader in sports media technology services. Deltatre will acquire Massive and its subsidiaries in a cash transaction valued at approximately USD $92 million.
The transaction is structured as an acquisition of Massive, pursuant to a merger and purchase of the additional outstanding equity interests of one of Massive’s subsidiaries under a separate equity purchase agreement. The closing of that merger and equity purchase are contingent upon one another and structured to occur simultaneously. Both transactions are subject to certain customary closing conditions and are expected to be completed in November 2018.
The transaction has been approved by the written consent of a majority of the voting power of the stockholders at Massive, is subject to regulatory approvals and other closing conditions, and is expected to close by the end of November 2018. Gibson Dunn is Deltatre’s legal counsel, and HSBC is its financial advisor. Raymond James is Massive’s financial advisor, DLA Piper is Massive’s legal counsel and PwC provided tax and accounting advice.
“Since the formation of Massive in 1996, we have demonstrated a proven track record of revolutionising the way the world consumes video entertainment. Today we are pleased to announce this transaction, which strengthens Massive’s position as the leading provider of targeted user experience OTT video solutions and opens up new market opportunities together with Deltatre,” said Ron Downey, Massive Co-Founder, and CEO.
Transaction details
The aggregate consideration payable at the closing by Deltatre for the equity of Massive and its subsidiaries is approximately USD $76.6 million, with USD $47.9 million of such equity amount payable in the Merger of Massive and USD $28.7 million payable to the other holders of equity of the subsidiary. Under the terms and conditions of the definitive merger agreement, Massive’s common stockholders will receive USD $0.22128 in cash per share. The aggregate amount payable to common stockholders shall be reduced by a total of not more than USD $12,000, if closing occurs after 20th November 2018 but before the 28th November. Massive’s preferred stockholders will receive USD $0.001 per share of preferred stock upon closing of the merger.
Additionally, after closing of the transactions, Massive’s stockholders and the other sellers will be eligible to receive a contingent earnout payment with a maximum aggregate value of USD $35 million. The payment of the earnout is conditional and may not occur; it is subject to Massive and its subsidiaries achieving certain financial targets in the three calendar years following closing of the acquisition, subject to acceleration or reduction in certain circumstances.
About Massive
Massive builds a suite of tools that enable all media companies to deliver targeted content and personalized user experiences to specific user groups across devices, in real-time, helping accelerate growth and increase retention across the customer lifecycle. This includes Massive AXIS, a UX management console that gives non-technical product owners complete control over the look and feel of the user interface, across devices. Massive launched 22 years ago and has over 350+ staff across its London headquarters and Sydney, Prague, Singapore, Skopje, and New York offices.
Today, Massive is used by the world’s most pioneering video companies across five continents. Customers include international companies, like AT&T, Perform Group and BBC Worldwide, and regional companies, like Bell Media and Channel 5.
About Deltatre
A Bruin Sports Capital portfolio company, Deltatre is the international leader in sports media technology services. It powers an unmatched suite of leading-edge technologies for the full spectrum of media including OTT, CMS, and digital platform production, virtual broadcast studios featuring state-of-the-art VR and AR capabilities, broadcast graphics, content and data creation and real-time distribution.
It serves a blue-chip client roster of the most prominent and influential sports and media companies including FIFA, Premier League, DFL, IOC, EuropeanTour, NFL, UEFA, BBC, BT Sport, Discovery, ATP, Sony and hundreds of media companies worldwide. In all, Deltatre delivers hundreds of technologies and services backed up by a team of more than 650 people operating worldwide including offices in Italy, France, Germany, Switzerland, the UK, the United States, India, Singapore, and Japan.
Deltatre has over 30 years' experience at the highest level of international sport. Billions of consumers experience sport through Deltatre technologies.
This press release contains, and our officers and representatives may from time to time make, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: expect, shall, will, may, should and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the Merger and the Equity Purchase. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20181107006029r1&sid=acqr7&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20181107006029/en/
Investor relations contact
Tim Meanock
Non Executive Director at Massive Interactive, Inc.
tim@coldharbourcapital.eu
or
Massive media contact
Andy Eldridge
XYZ Communications (for Massive Interactive)
andy@xyzcomms.com
+44 (0) 1908 464120
or
Deltatre media contact
Scott Novak
Bruin Sports Capital (for Deltatre)
snovak@bruinsc.com
+1 917 699-4142
Source: Massive Interactive, Inc.
Well the other HUGE one is running pretty good. Glad I loaded up on that to :) Not so much here lol
LOL 4300 volume drops it down 25% to close the day. Funny shyt
Was that you Laz? LOL
What is BWDIK? We just need news here. How the company doesn't release news is unreal to me. With an update or something about the companies progress this can fly again. This morning I missed my chance to sell by a fraction.
Looks to me like it will be a HUGE disappointment for those who bailed on the cheap --- BWDIK?
This is setting up to be a HUGE piece of crap. Was a nice run but now will go dead for months or years. See u then lol
Ya I know Lazarus, that was the one I mentioned the first day it started trading. Thought it was this HUGE one but was the weed stock. I got in the HUGE weed play and it has tumbled heavy since. Kind of like this 1.
Anyways I saw the add, lets hope it moves this. GL
Massive add posted 5 days ago
Also a pot stock that goes by HUGE (traded on canadian exchange) being pumped.
HOLY SHYT. It is now .061 WOW is all I can say. LMAO what a terrible buy. Should stick to weed stocks and not massive p&d's.
Only down 67% today, not bad ffs
Hit 10 today, big trouble coming here. I can see it being under 5 cents again by weeks end. NOW WE NEED ANOTHER PHUKN PUMP. Sweet manipulation.
For sure lol. If I had known as well would've dumped over 20 and bought back in. Anyways holding now for a push or gonna hold long term and wait for it to spike again in the future. GL Lazarus
I have no clue as to what is going on other than what I already mentioned. It could be we're witnessing the birth pangs of a company that's just waking up.
Had I known it would be at these levels today I would have sold all last week.
Its trading just under a pivot so if it holds here --- that would be positive.
Looks like it took a major dive. Creating bag holders here and I'm included. Gotta hold now and wait. Seems likely that this pump is over. Didn't see any news that resulted in this pop so was just an orchestrated pump for a week or so. Hoping for a push above 20 but probably dreaming :)
Stock is on the pivot... could go either way. My guess, oversold and up from here. But again, its just a guess.
Ya also hoping for another pop here or gonna be left holding the bag. In at 21 and 19. Had a ridiculous run, no news and it moons. Can easily drop to below 10 cents again. Looks like a pump. Can't see it hitting .28 again really. Volume drying up.
There will definitely be another leg
Sorry, I am just seeing this. But yeah i was in at 18 I got out at 25. It didn't wanna break and hold. I'm looking to get back in when the time is right though
Guess u didn't see the volume when I posted that. Was very low and they put up a wall. Anyways bud, ya I'm in.
Are u in or are u just yapping away?
Absolute rookies. Maybe the one blaming market makers for the direction of the stock should be considered rookies LOL. Definitely considering every MM on the L2 had been retail AKA you and me and any other normal trader trading this. Anyway, I hope you got in on the action today
Lazarus is cleaning up here, I would listen to him. He has the inside track ;). Hey Lazarus what is your feeling about where this is going to go? Hit .28 today, incredible. GL
I am jealous of u Nomopo, excellent buy even if it was a mistake. I also am a weed investor. Unfortunately the other HUGE stock is not doing well since it's opening last week. This jumped the exact same day and I also thought it was mistake buys but everyday since this has mooned. Good luck here
I'm not a greenhorn by any means.
I can't tell you guys what's driving this stock but I have bot:
* shares of a stock at around .02 where the CEO died and the wife liquidated the company I got .20 per share divy
* shares of a stock as low as .015 that was bought out by the president of the company within a year for .30 cents
* shares of a company at around a dime with no info that - after I liquidate my position at around ,14-.16 (after holding it for years) got bought out at .92 cents
* shares of a company that I bought at .03 that went to nearly 19 bucks. I still have over 20k shares in my IRA that I never sold (it was a dotcom that went belly up)
Lots more stories -- believe me.
Sometimes... you just never know.....
I am a green horn, no pun intended, trading in mostly pot stocks. I made a quick draw play of 5000 shares at a nickel a share thinking I was buying the pot stock. I just said hell with it and Wahlah! Anyone know what’s driving it other than me, green horns like myself. In researching I think I learned they signed a contract with Google in April 2018. Is that driving it. Been at .02 for investment eternity.
Greenhorn here and bought 5000 shares at a nickel with the loose change in my account. Thought I was buying a new CS pot stock. I read HUGE may have a new contract with Google as of April 2018. IS THAT DRIVING THE RISE OR JUST DAY TRADERS.
This is going to tank soon. They don't want more buyers, putting up a huge wall. Pulled my order, not gonna get suckered in here, I'll buy under 6 or forget it. Screw the market makers, absolute rookies, don't want more volume. Dumb asses
Didn't get filled yest at .075 and now I know why the stupid MMs here making it very difficult to buy this. Not buying at the high of the day lol, screw u MM. Idiots completely blocking people from getting in. Wouldn't they want more friggin action? Reduce the spread and the volume will double or triple ffs. Morons
Nice, u must have a good price. Debating if I get in now. Should've the other day when it was under 7 cents. May put an order in for around 7 see if it gets scooped. I have some shit to today so I won't be able to watch. Gl
I'm not buying any right now but I am holding some shares: pure speculation.
I believe you Lazarus, must be nice when your holding a bag that turns out to be a gem over time. I consider those forgotten or a write off till one day I check and they're flying. Gl. Are u buying HUGE, Massive Interactive, or do you own this one?
I got the stories, believe me, not a brag, just fact.
And I've owned stocks that went up due to confusion over the name. I'm pretty sure ISOL is one of them. Just do a search on iHub and see what you come up with.
There's a cannabis stock they keep tagging as $ISOL but ISOL is this company: 1mage Software
But everywhere you look they are using the $ISOL symbol for Isodial ISOLF (a foreign company)
Its just boggles my mind that folks have not figured it out.
LOL ya a HUGE high :)
Sounds like some good news then. I like your stories of other dead stocks that suddenly one day popped. I have a a few dead ones waiting for them explode to. Anyways gl go HUGE
Lmfaoo ya seriously, these people must have been "HIGH" when they were buying "HUGE" ??????
It is pretty damn funny. The crazy ironic part is that this would've been a better buy yesterday than the HUGE weed stock lol. Maybe should dip in for a quick hit. Good luck on either HUGE stock :)
I think it had to do with the recent news:
Ex-Verizon Go90 Boss Chip Canter Lands at Massive Interactive
This company filed a form 15 in 2015 and is no longer making its financial information public.
Just because they don't make their numbers public doesnt mean they aren't doing well. Some traders are speculating that things may be going well.
I had one stock a few years back that I bought for around a dime per share. I held it for years and it did nothing. Tried to contact the company but never got to speak to anyone who knew anything. The stock moved up to around .14 to 16 cents and I was like " the hell with it" and sold.
About 4 months after I sold the company was bought out for .92 cents per share.
Some of these companies stop reporting right around they time they become profitable.
CDLA - a 100+ year old steel fabricator stopped reporting and the stock sunk to around .07 Nobody cared about it. But for many years they were paying shareholders .01 per share divy. I think the company went private and bot out the last of shares around $4.00. ( I sold when it ran up over $2.00 - but held 90k shares for years)
P P M D also filed a form 15 years ago but if you read their last Q you will notice they were just beginning to make a profit.
Lots of shenanigans in penny world.
Lmfaoooo!!!, yup
I'm not sure either. I think people got confused with the weed stock LOL. A new listing with the same symbol. HUGE. Listed today. current price 14.5 cents. Company named FSD Pharma Inc. GL on either
CA: HUGE
FSD PHARMA INC..
Website updated 2018 they got 100+ awards
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Massive is a global technology company. We are recognised and awarded for powering the world’s best multiscreen video platforms and solutions. Our premium UI software products, research division and UXD consultancy are the principal choice of leading telecom, cable, broadcast, media and aviation companies.
Committed to innovation for 20 years, we continually redefine operators’ expectations of the tools that they use to control multiscreen video service presentation and merchandising. We deploy off-the-shelf or bespoke solutions and are responsible for video entertainment services that are used by tens of millions of users, every day.
Massive has received more than 100 awards and nominations presented by a spectrum of well respected institutions such as Cannes Lions, The International Academy of Television Arts & Sciences, BAFTA, and LIA. Massive AXIS most recently won ‘Connected Technology Hero’ at the Videonet Connected TV Awards
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