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OCTV FINRA deleted symbol:
http://otce.finra.org/DLDeletions
OCTV SEC Suspension:
http://www.sec.gov/litigation/suspensions/2015/34-75896.pdf
Octavian and Gextech Strike Deal for Fantastic League(TM) Spot The Ball
May 26, 2009 7:19:00 AM
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View Additional ProfilesLONDON, May 26 /PRNewswire-FirstCall/ -- Octavian Global Technologies, Inc. (OTC: OCTV) ("Octavian"), a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide, announced it has signed a worldwide agreement with Gextech to roll out Gextech's Spot The Ball virtual football game to operators of land-based fixed odds betting terminals.
Spot The Ball, Gextech's latest development of its Fantastic League(TM) virtual football game, will kick off on the Octavian Symphony platform (available in both Downloadable Games and Lottery Editions).
Spot The Ball is a new and unique multi-lingual football game that updates a universally recognised and proven betting format using the latest technologies. Using its groundbreaking, versatile Smart Stitch(R) technology, Gextech is able to reproduce the complexity of team sports and replicate betting opportunities readily available in real football matches. In Spot The Ball, realistic animated action sequences are played out on the playing terminal screen. The ball is passed from virtual player to player, as well as being deflected from its course by tackles and interceptions. The winning number is the square containing the ball when the action is randomly stopped. The game has an easy-to-use interface with all odds displayed. An on-screen betting panel allows customers to increase bets and select other betting options.
"We are delighted to have teamed up with Gextech and excited by the potential of Spot The Ball," said Harmen Brenninkmeijer, CEO of Octavian. "There are many sports-based betting games but most are simple racing games which do not require complex probability analysis or detailed graphics. Spot The Ball uses the same core engine as Fantastic League(TM). This populates a virtual stadium, adds fans and players and employs game rules that simulate realistic, second-by-second football match action."
"We are excited to be working with Octavian as they have extensive experience of delivering game content on a broad range of playing terminals, and a wide range of land-based venues," added Peter Glancy, Managing Director of Gextech. "That knowledge, coupled with the scalability of Octavian's Symphony platforms, will enable us to quickly roll out Spot The Ball to a worldwide audience."
With global interest in football set to increase in the run-up to the FIFA World Cup 2010 in South Africa, Octavian says that the game, is generating high levels of interest amongst its customers worldwide.
Spot The Ball, previewed at IGE in January and due to be showcased at other major gaming exhibitions during 2009, is currently available in English, French, German, Spanish, Italian, Cantonese and Mandarin.
About Octavian Global Technologies Inc
http://www.octavianinternational.com
Established in 2001, Octavian is a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide. Octavian-developed solutions, and also leading third-party products, are marketed under four core solution areas - OctaSystems, OctaGames, OctaSupplies and OctaLotto. The company currently has offices and computer centres in the Argentina, Australia, Colombia, Germany, Italy, Russia, Rwanda, UK, and Ukraine. Through this extensive network, and also through joint ventures and partnerships across the gaming world, Octavian systems, games and other solutions are deployed and supported in more than 30 countries.
About Gextech http://www.gextech.com
Gextech is a leading provider of gaming content, with offices in London, Barcelona and Malaga. Gextech offers outstanding gaming content and technological solutions on multiple platforms, including Broadcast, Internet and Mobile.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our ability to raise capital, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
For further information contact:
Octavian,
Helen Hedgeland,
+44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
SOURCE Octavian Global Technologies, Inc
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For further information contact: Octavian
Helen Hedgeland
+44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
Octavian Global Technologies Completes $4,000,000 Private Placement and Converts US $6,500,000 of Debt Into Equity
May 21, 2009 2:47:00 PM
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View Additional ProfilesLONDON, May 21 /CNW/ - Octavian Global Technologies, Inc. (OTC BB: OCTV) ("Octavian"), a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide, announced it entered into a private placement providing gross proceeds of US $4 million and converted US $6,491,176 of its outstanding debt into common equity.
Pursuant to the private placement, the Company issued (a) US $4,395,600 principal amount of Original Issue Discount Convertible Debentures due May 14, 2012 convertible into Octavian common stock at a conversion price of US $3.10, (b) five-year Common Stock Purchase Warrants to purchase up to 645,161 shares of Octavian common stock with an exercise price of US $3.10 per share, (c) seven-year Common Stock Purchase Warrants to purchase up to 645,161 shares of Octavian common stock with an exercise price of US $4.65 per share and (d) 283,587 shares of Octavian common stock.
Additionally, Austrian Gaming Industries GmbH ("AGI"), Octavian's principal supplier of casino gaming machines, agreed to exchange outstanding accounts payable held against the Company of US $6,491,176 for (a) a Convertible Debenture with a principal amount equal to US $6,491,176, at a conversion price equal to US $3.10 which was immediately converted into 2,093,928 shares of Octavian common stock, (b) five-year Common Stock Purchase Warrants to purchase up to 1,046,964 shares of Octavian common stock at an initial exercise price of US $3.10 per share, (c) seven-year Common Stock Purchase Warrants to purchase up to 1,046,964 shares of Octavian common stock at an exercise price of US $4.65 and (d) 418,786 shares of Octavian common stock.
Octavian has 10,812,700 shares of common stock issued and outstanding immediately following the financing described above.
The securities issued in the private placement and conversion have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and accordingly may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
<<
About Octavian Global Technologies Inc
http://www.octavianinternational.com
>>
Established in 2001, Octavian is a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide. Octavian-developed solutions, and also leading third-party products, are marketed under four core solution areas - OctaSystems, OctaGames, OctaSupplies and OctaLotto. The company currently has offices and computer centres in the Argentina, Australia, Colombia, Germany, Italy, Russia, Rwanda, UK, and Ukraine. Through this extensive network, and also through joint ventures and partnerships across the gaming world, Octavian systems, games and other solutions are deployed and supported in more than 30 countries.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our ability to raise capital, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
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Octavian
Helen Hedgeland
+44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
OCTV Octavian Global Technologies Completes $4,000,000 Private Placement and Converts US $6,500,000 of Debt Into Equity
May 21, 2009 2:19:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesLONDON, May 21 /PRNewswire-FirstCall/ -- Octavian Global Technologies, Inc. (OTC BB: OCTV) ("Octavian"), a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide, announced it entered into a private placement providing gross proceeds of US $4 million and converted US $6,491,176 of its outstanding debt into common equity.
Pursuant to the private placement, the Company issued (a) US $4,395,600 principal amount of Original Issue Discount Convertible Debentures due May 14, 2012 convertible into Octavian common stock at a conversion price of US $3.10, (b) five-year Common Stock Purchase Warrants to purchase up to 645,161 shares of Octavian common stock with an exercise price of US $3.10 per share, (c) seven-year Common Stock Purchase Warrants to purchase up to 645,161 shares of Octavian common stock with an exercise price of US $4.65 per share and (d) 283,587 shares of Octavian common stock.
Additionally, Austrian Gaming Industries GmbH ("AGI"), Octavian's principal supplier of casino gaming machines, agreed to exchange outstanding accounts payable held against the Company of US $6,491,176 for (a) a Convertible Debenture with a principal amount equal to US $6,491,176, at a conversion price equal to US $3.10 which was immediately converted into 2,093,928 shares of Octavian common stock, (b) five-year Common Stock Purchase Warrants to purchase up to 1,046,964 shares of Octavian common stock at an initial exercise price of US $3.10 per share, (c) seven-year Common Stock Purchase Warrants to purchase up to 1,046,964 shares of Octavian common stock at an exercise price of US $4.65 and (d) 418,786 shares of Octavian common stock.
Octavian has 10,812,700 shares of common stock issued and outstanding immediately following the financing described above.
The securities issued in the private placement and conversion have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and accordingly may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
About Octavian Global Technologies Inc
http://www.octavianinternational.com
Established in 2001, Octavian is a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide. Octavian-developed solutions, and also leading third-party products, are marketed under four core solution areas - OctaSystems, OctaGames, OctaSupplies and OctaLotto. The company currently has offices and computer centres in the Argentina, Australia, Colombia, Germany, Italy, Russia, Rwanda, UK, and Ukraine. Through this extensive network, and also through joint ventures and partnerships across the gaming world, Octavian systems, games and other solutions are deployed and supported in more than 30 countries.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our ability to raise capital, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
For further information contact:
Octavian
Helen Hedgeland
+44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
SOURCE Octavian Global Technologies, Inc
----------------------------------------------
For further information contact: Octavian
Helen Hedgeland
+44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
November, 2008
Octavian International completes $13 million private placement and merges into public shell
London, UK – November 5th, 2008 – Octavian International Ltd. (“Octavian”), a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide, announced today that on October 30, 2008 it completed a reverse merger with HouseFly, Inc., a publicly traded shell company (OTC BB: HSLY) (the “Company”). Upon closing of the reverse merger, the Company changed its corporate name to Octavian Global Technologies, Inc.
Contemporaneous with the reverse merger, the Company completed a private placement to certain accredited institutional investors for gross proceeds of $13 million. Pursuant to the private placement the Company issued, in the aggregate, $14,285,700 principal amount of Original Issue Discount Convertible Debentures due October 30, 2011 with a term of three years and a conversion price of $3.10, five-year common stock purchase warrants to purchase up to 2,096,774 shares of common stock with an exercise price of $3.10 per share, seven-year common stock purchase warrants to purchase up to 2,096,774 shares of common stock with an exercise price of $4.65 per share and 4,624,327 shares of common stock. Other than the 4,624,327 shares of common stock, the prices and numbers of shares issuable pursuant to the debentures and warrants will not be adjusted for an anticipated 5.0174 for 1 reverse stock split.
At the closing of the reverse merger, the Company issued to Octavian’s stockholders 30,773,387 shares of the Company’s common stock, representing approximately 78.6% of the post-financing issued and outstanding shares of the Company, in exchange for all of Octavian’s outstanding ordinary shares. Additionally, the Company issued to certain advisors five-year common stock purchase warrants to purchase up to, in the aggregate, 335,484 shares of common stock with an exercise price of $3.10. In addition, the Company issued 2,720,833 seven-year common stock purchase warrants with an exercise price of $3.10 per share to management of the Company.
Octavian has 39,147,714 shares of common stock issued and outstanding immediately following the reverse merger and financing described above.
Feldman Weinstein & Smith LLP acted as legal counsel for the Company in the reverse merger.
Harmen Brenninkmeijer, CEO of Octavian and the Company, stated: “This transaction allows us to forge ahead with many exciting opportunities that we have been planning and developing for some time. It also allows us to invest further in solution development – such as our Maverick EGM brand, our games kits and our e2e GMS (End to End Gaming Management System). This will enable us to invest in our customers’ future success by working with operators to maximize the business benefits of our new Octavian EasyStart casino system.”
Brenninkmeijer added: “Our strategy has always been to seek out and nurture opportunities in growth markets across the gaming world. Now, with strong backers, we can capitalise on those opportunities and take Octavian to the next level. Nevertheless, our core positioning as a strong and innovative, technology-focused company remains unchanged. We will continue to grow our technologies into major business-building pipelines, through which our customers can manage their gaming operations and generate and deliver business success.”
The securities issued in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and accordingly may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
About Octavian Global Technologies Inc www.octavianinternational.com
Established in 2001, Octavian is a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide. Octavian-developed solutions, and also leading third-party products, are marketed under four core solution areas – OctaSystems, OctaGames, OctaSupplies and OctaLotto. The company currently has offices and computer centres in the Argentina, Australia, Colombia, Germany, India, Italy, Russia, UK, Ukraine and USA. Through this extensive network, and also through joint ventures and partnerships across the gaming world, Octavian systems, games and other solutions are deployed and supported in more than 30 countries.
For further information contact:
Helen Hedgeland
+44 (0) 1483 543 543 or
Mail H.Hedgeland@octavianinternational.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our ability to raise capital, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
http://www.octavianinternational.com/news_details.asp?nid=113&id=31
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