Brooklyn ImmunoTherapeutics Inc (BTX)

[dalopey]

Hmm... wow...

[stock1ace1]

Up 30%+ shareholders disagree

[dalopey]

a lot... moving... where is everyone?

[dalopey]

We're moving!!!!

[Oxonius]

It's a crap deal for shareholders and an extraordinary deal for insiders who are picking up all the traditional gaming / trivia assets for next to nothing. It is a crime that those who have presided over such a colossal failure should benefit by acquiring the assets at $0.10 on the dollar.

[stock1ace1]

Merger w/ Brooklyn Immunotherapeutics LLC closing soon !

Quote ~> “ We expect both transactions to close simultaneously in early 2021”

Buzztime is working diligently toward closing two transformative transactions," said Allen Wolff, CEO of NTN Buzztime. "Under the terms of the previously announced asset purchase agreement with eGames.com Holdings, LLC, we plan to sell all our assets related to our game network to eGames.com. Our goal is to preserve our compelling in-venue experience that engages patrons for Buzztime customer venues and safeguard our large and loyal player and customer base while monetizing our assets. The asset sale will strengthening our balance sheet and improve our financial position for the previously announced proposed merger with Brooklyn Immunotherapeutics LLC, which is advancing clinical development of cytokine-based therapy to enable the immune system to attack certain types of cancer cells. We believe that the proposed merger will benefit both investors of Brooklyn and stockholders of NTN Buzztime. We expect both transactions to close simultaneously in early 2021, subject to Buzztime's stockholders approving both proposed transactions, the beneficial holders of Brooklyn's Class A membership units approving the proposed merger

[stock1ace1]

Yes NTN merger closing soon

[stock1ace1]

Merger closing soon watch for updates

[stock1ace1]

Closing soon ! Buying here

Quote ~> “ We expect both transactions to close simultaneously in early 2021”

Buzztime is working diligently toward closing two transformative transactions," said Allen Wolff, CEO of NTN Buzztime. "Under the terms of the previously announced asset purchase agreement with eGames.com Holdings, LLC, we plan to sell all our assets related to our game network to eGames.com. Our goal is to preserve our compelling in-venue experience that engages patrons for Buzztime customer venues and safeguard our large and loyal player and customer base while monetizing our assets. The asset sale will strengthening our balance sheet and improve our financial position for the previously announced proposed merger with Brooklyn Immunotherapeutics LLC, which is advancing clinical development of cytokine-based therapy to enable the immune system to attack certain types of cancer cells. We believe that the proposed merger will benefit both investors of Brooklyn and stockholders of NTN Buzztime. We expect both transactions to close simultaneously in early 2021, subject to Buzztime's stockholders approving both proposed transactions, the beneficial holders of Brooklyn's Class A membership units approving the proposed merger

[stock1ace1]

Ntn $2.58

[stock1ace1]

NTN $2.46 2 mill o/s Merger closing & sale of assests + 3% stake acquired on 12/30 bought by pr diamond..

Quote ~> “ We expect both transactions to close simultaneously in early 2021”

Buzztime is working diligently toward closing two transformative transactions," said Allen Wolff, CEO of NTN Buzztime. "Under the terms of the previously announced asset purchase agreement with eGames.com Holdings, LLC, we plan to sell all our assets related to our game network to eGames.com. Our goal is to preserve our compelling in-venue experience that engages patrons for Buzztime customer venues and safeguard our large and loyal player and customer base while monetizing our assets. The asset sale will strengthening our balance sheet and improve our financial position for the previously announced proposed merger with Brooklyn Immunotherapeutics LLC, which is advancing clinical development of cytokine-based therapy to enable the immune system to attack certain types of cancer cells. We believe that the proposed merger will benefit both investors of Brooklyn and stockholders of NTN Buzztime. We expect both transactions to close simultaneously in early 2021, subject to Buzztime's stockholders approving both proposed transactions, the beneficial holders of Brooklyn's Class A membership units approving the proposed merger, and the

[Oxonius]

My guess is that they are putting together a fat document that will enable them to exit the company and keep all the core assets for themselves - they would like us to think that they are nothing more than a "shell" and that the databases, hardware, software and capabilities that have been developed (and grossly under-utilized) during generations of mis-management are essentially worthless.

[dalopey]

What's happening, period?

[peterus]

what happend with merger ?

[CyrusDaVirus]

Lets wake up to merger news on Monday shall we

[faceoff]

Brooklyn ImmunoTherapeutics LLC www.brooklynitx.com

[faceoff]

testing new support. next leg coming.

[faceoff]

We have liftoff

[faceoff]

1.70M float MC $5M could run hard and the setup is nice IMO

[CyrusDaVirus]

Looks like its getting ready for a big runnnn.

[faceoff]

i'm in on todays action. :)

[dalopey]

Still no one watching! We have movement again here, everyone! (that's for all 2 of you who are watching!)

[muneeflo]

I don't know if anyone watches this board anymore or the stock, but heads up. Bounce in progress.

[cjstocksup]

This new merger is going to be HUGE IMO. I expect NTN to see $5.00 to $7.00 soon.
https://buzztime.gcs-web.com/news-releases/news-release-details/ntn-buzztime-inc-and-brooklyn-immunotherapeutics-llc-enter

[ClayTrader]

* * $NTN Video Chart 09-21-2020 * *

Link to Video - click here to watch the technical chart video

[John Legend]

Very low float. Can hit 10. Up!

[John Legend]

NTN Buzztime, Inc. (NTN) Buy Target $3.90 Sell Target $5.38

https://seekingalpha.com/instablog/49882940-traderspro/5498985-ntn-buzztime-inc-ntn-buy-target-3_90-sell-target-5_38

[muneeflo]

As of June 30, 2020, we had cash, cash equivalents and restricted cash of approximately $2.4 million compared to approximately $3.4 million as of December 31, 2019. So that means 1.25 a share in cash, and now selling assets for 1.50, so doesn't that equal a 2.75 share price just in cash and proceeds from sales?

[muneeflo]

Okay, so $2 million divided by Shares Out 2,948,814 08/05/2020.
Just say 3 mill divided by 2 = 1.50 per share.

[Oxonius]

It's very sad that the whole bundle of assets and embedded customer base is only worth $2 million. It's actually worth far more, but if they had found a real buyer Allen Wolff wouldn't have landed another cushy job with the acquirer. It is a complete disaster (but better than Chapter 11).

[John Legend]

Whoop, whoop

https://seekingalpha.com/news/3615506-ntn-buzztime-offloads-entertainment-and-advertising-assets

[John Legend]

Up we go! Yes

[cjstocksup]

NTN perfect morning so far!

[whytestocks]

NEWS: $NTN NTN Buzztime Enters Asset Purchase Agreement to Sell Entertainment and Advertising Assets

CARLSBAD, Calif. , Sept. 18, 2020 /PRNewswire/ -- NTN Buzztime, Inc. (NYSE American: NTN) signed a definitive asset purchase agreement to sell its social entertainment, customer engagement, and advertising technology assets to eGames.com Holdings LLC (eGames.com) for $2.0 million i...

Got this from NTN - NTN Buzztime Enters Asset Purchase Agreement to Sell Entertainment and Advertising Assets

[dalopey]

another dead board... but if anyone sees this, today looks like a possible lift off point. PSAR almost touching candle, that's in the top part of the very tight BBs. RSI, SS, and MACD pointing upward. Seems primed for a RUN!

[dalopey]

more news today... not that anyone is here to see it!! lol

https://www.otcmarkets.com/stock/NTN/news/story?e&id=1672655

[dalopey]

Anyone see the "news" today?

[TheFinalCD]

if it makes ya feel any better, I had 3k bids in @ 4.60 that I thought I canceled, yesterday before getting on a plane flight.... didnt get home till 10PM


woke up this morning with a nice surprii$e

why couldnt I have woken up to $8.60

instead of 3.60

[$treet $inatra]

big pop then big drop $$$ great week here playing both sides of the trade



https://finance.yahoo.com/news/ntn-buzztime-inc-brooklyn-immunotherapeutics-100000352.html

NTN Buzztime, Inc. and Brooklyn ImmunoTherapeutics LLC Enter into Definitive Merger Agreement
PR Newswire PR NewswireAugust 13, 2020
-Proposed merger will create a public company focused on the clinical development program of a cytokine-based product for the treatment of cancer

-Combined company expected to trade on the NYSE American under a new ticker symbol

-Brooklyn already has $10 million of funding committed for post-merger activities

CARLSBAD, Calif. and BROOKLYN, N.Y., Aug. 13, 2020 /PRNewswire/ -- NTN Buzztime, Inc. (NYSE American: NTN) and Brooklyn ImmunoTherapeutics LLC ("Brooklyn"), a privately-held biopharmaceutical company focused on exploring the role that cytokine-based therapy can have in treating patients with cancer, today announced that the companies have entered into a definitive merger agreement. If approved by the stockholders of NTN Buzztime and the beneficial holders of the Class A membership interests of Brooklyn, Brooklyn will merge with a wholly-owned subsidiary of NTN Buzztime in an all-stock transaction. Following closing, which the parties expect will occur in the fourth quarter of 2020, the combined company will continue under the Brooklyn ImmunoTherapeutics name and will focus on the advancement of Brooklyn's program to further develop its cytokine-based drug for the treatment of various cancers.

Brooklyn's chief executive officer Ron Guido, MS, MS Pharm. Med., stated, "We are pleased to reach an agreement with NTN Buzztime for the proposed merger. This provides us with the opportunity, once the merger is completed, to have our shares traded in the public market and to expand our investor base, which we believe will increase our ability to advance our clinical development program exploring the treatment of certain cancers using derived cytokines. We expect this merger will also enable us to expand our resources and expertise to build momentum in our drug development program. We believe that the merger will provide benefit to both the members of Brooklyn and the stockholders of NTN Buzztime."

Mr. Guido continued: "Brooklyn is focused on exploring the role that IRX-2, a cytokine-based investigational therapy, can have on the immune system in treating patients with cancer. IRX-2's active constituents, namely Interleukin-2 (IL-2) and other key cytokines, are postulated to signal, enhance and restore immune function suppressed by the tumor, thus enabling the immune system to attack cancer cells. Unlike existing recombinant IL-2 therapies, IRX-2 is naturally derived from human blood cells. This may potentially promote better tolerance, broader targeting, and natural molecular conformation leading to greater activity, and permit low physiologic dosing rather than high doses needed in existing IL-2 therapies. Our ongoing development program is specifically investigating use of IRX-2 in neoadjuvant (pre-surgical) and adjuvant (post-operative) treatment for advanced head and neck squamous cell cancer. IRX-2 has received both fast track designation and orphan drug designation from the FDA for this indication. Potential use of our product candidate in other cancer indications is also being evaluated in several investigator-sponsored trials. Finally, we are currently modifying our manufacturing process to allow us to develop additional drugs with a variety of cytokine mixtures to expand our product offerings."

[dalopey]

Here, hold my bags, please. Phthththt. this sux. I hate when I do stupid stuff.

[MELBENZ2020]

It didn't nosedive to my original price of 3. Might still rebound if volume surges. Planning to average down my second batch of shares.

[dalopey]

So far acting just like yesterday!

[TheFinalCD]

NTN 3.57

[ClayTrader]

* * $NTN Video Chart 08-13-2020 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

NTN Asset Accumulation

[Disquisition]

COLOSSAL DUMPING NOW

[dalopey]

So all these people that were posting on here BEFORE today are just happily offloading shares, I'm sure!! Probably been holding bags for a long time! Well done, ya'll!

[dalopey]

OK... maybe $15 ain't happenin...

[Disquisition]

DUMPED all my shares at $7.50

DOWN she goes!!!

[dalopey]

VERY STRONG!! I'm thinking $15 EOD