Some NICE DD here on GLOBAL GAMING TECHNOLOGIES
https://www.globalgaming.tech/
Nolan Bushnell
Chairman and Chief Executive Officer
When Nolan Bushnell founded Atari in 1972 he created an industry. And with it - the first blockbuster video game: Pong. Today, his design credo - games should be easy to learn and hard to master - inspires a new generation of developers.
A prolific entrepreneur and considered the Godfather of the Video Game, Nolan has started more than 20 companies, including Catalyst Technologies, the first Silicon Valley incubator, Etak, the first in-car navigation system, Atari, and Chuck E. Cheese’s Pizza Time Theatre. In the process, he pioneered many of the workplace innovations that have made Silicon Valley a magnet for creative talent and world-changing phenomena.
In 2009, the British Academy of Film and Television awarded Nolan with the prestigious Academy Fellowship in recognition of his outstanding achievement as a founder of the video games industry. A true icon of the digital revolution, Nolan was named one of Newsweek’s “50 People Who Changed America”, and was one of the first inductees to the Video Game Hall of Fame.
RECENT INVESTMENTS SINCE 2018
https://x2.games/ https://www.spectra7.com/ http://www.millennialesports.com/ https://www.bragg.games/ On December 17, 2018, the Company completed an Acquisition Agreement (the “Transaction”) with
X2, whereby the
Company will acquire all of the issued and outstanding common shares of X2 by way of a three-cornered amalgamation. The Company acquired all of the issued and outstanding common shares of the Company.
https://www.proactiveinvestors.com/companies/news/210489/global-blockchain-technologies-signs-deal-to-buy-atari-co-founder-s-gaming-company-x2-games-for-496m-210489.html https://bitcoinmagazine.com/articles/atari-founder-nolan-bushnells-x2-games-acquired-global-blockchain/ https://venturebeat.com/2019/03/08/the-deanbeat-our-dream-event-with-atari-father-nolan-bushnell-respawns-vince-zampella-and-spider-man-dude-ted-price/?
On July 5, 2018, the Company completed an investment of $5,000,000 in Hyperion Crypto Exchange Inc. (“Hyperion”).
The Company paid $2,500,000 in cash and issued 8,333,333 common shares of the Company with a fair value of
$2,500,000. At October 31, 2018, the fair value of the shares was $5,000,000. The Company acquired 5,000,000 common
shares of Hyperion, which represents approximately 12.82% ownership interest.
https://midasletter.com/2018/08/video-hyperion-exchange-ceo-introduces-hybrid-blockchain-exchange/ https://bitcoinexchangeguide.com/hyperion-ats-crypto-exchange-agrees-to-stellars-crypto-assets-trading-support/ https://tokentops.com/news/hyperion-and-stellar-xlm-engaged-in-partnership-stellar-news-october/ On January 23, 2018, the Company purchased 1,000,000 common shares of
Bragg Gaming Corp. (Formerly, Breaking
Data Corp.), a company listed on the TSX Venture Exchange (“TSXV”), at $3.00 per common share for $3,000,000,
which represents approximately a
3% ownership interest. Prior to the disposition of Bragg Gaming Corp, the fair value
was $1,210,000. During the period ended January 31, 2019, the Company sold 1,000,000 shares for gross proceeds of
$744,961 and recognized a loss on sale of investment of $465,039.
https://www.bragg.games/ On January 10, 2018, the
Company subscribed to 8,000,000 Kodak Coins an Initial Coin Offering (“ICO”) by the
Eastman Kodak Company, for $2,509,000 , (USD $2,000,000) at the pre-ICO stage. At January 31, 2019, the fair value of
the Kodak Coins was $2,509,000 (April 30, 2018 - $2,509,000).
On January 11, 2018, the
Company invested $2,000,000 in Spectra7 Microsystems Inc. (“Spectra7”), a company listed on
the TSX. The Company received 2,000 senior unsecured convertible debentures of Spectra7 with a principal amount of
$1,000 each, bearing interest at 7% per annum (the “Convertible Debenture”), and 2,850,000 share purchase warrants.
the Convertible Debenture was fully converted into 5,714,285 common shares of Spectra7, which represents
approximately 4% ownership interest.
https://www.spectra7.com/ On January 15, 2018, the
Company invested $2,000,000 in Millennial Esports Corp. (“Millennial”), a company listed on
the TSXV. The Company acquired 2,857,143 units of Millennial at a price of $0.70 per unit, which represents
approximately 2% ownership interest. http://www.millennialesports.com/ On March 23, 2018, the
Company completed an investment of $1,000,300 in Fusion Agiletech Partners Inc. (“Fusion”)
through a private placement. The Company received 2,858,000 units comprising of one common share and one-half of one
Series 2018I share purchase warrant. During the period ended January 31, 2019, Fusion
completed a reverse take-over of Quisitive Technology Solutions Inc. (formerly Nebo Capital Corp.) (“Quisitive”) by the
shareholders of Fusion. The common shares of Quisitive are trading on the TSX Venture Exchange under the symbol
“QUIS.” At January 31, 2019, the fair value of the shares was $380,995 and the fair value of the warrants was $331,661.
mike.reinhart@quisitive.com
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