HeadsUp Entertainment International Inc (HDUP)

[griffygriff3]

Yep that's right. I expected some dilution, as I believe I recall reading whereby they stated something to the effect that this process would proceed with "minimal" dilution. I believe they've been slowly diluting for the last several months, and surely they've done so this week. I've had bids set in the low .02s for months, and of course they've now filled. It'll be interesting to see the next filing and PRs/updates.

[souwester]

Someone dropped 400K+ shares, now down to 0.0211. We could use some news or an update.

[grantastic]

Aside from the 5,500,000 shares HDUP diluted in the first Q....

Outstanding Shares
The number of shares outstanding of our Common Stock was:
234,739,368 as of April 30, 2023
229,239,368 as of January 31, 2023

No dilution.

[topweb]

No dilution.
HDUP

[griffygriff3]

We had more sizable volume today. Anybody know whether or not those shares was dilution (or appeared to be)?

[solong]

Wow! so you don't have a search engine? Mark represented Colorado when Colorado and 7 other states formed Lotto America. Which is now PowerBall. You're right, that's not an accomplishment.

And in forming lotteries in South Africa and then supporting numerous charities in S. Africa, gaining the attention of Nelson Mandela. https://www.inspirehub.com/blog/big-on-small-podcast-ep-005-mark-hutchinson-against-all-odds

Again, in your mind that is nothing. Those who haven't done anything always criticize those who do.

[grantastic]

Mark Hutchinson has spend years and a lot of money to deliver no results.

No idea about this supposedly great reputation aside from the fact that the best Hutchinson could do is end up as an executive at some rinky-dink OTC company, so it's clearly not -that- great.

I've met many OTC executives. Most are smart or at least cunning. None of them care about reputation because reputation doesn't matter in OTC promotions. "There is a sucker born every minute".

You say you don't think Kellner's investment is a positive, but then you keep insisting that the company operated by Kellner (Enteractive) is somehow the key to HDUP succeeding...

It's sweet, and hilarious, that you think Kellner is going to taint his Persec SPAC shell games by involving HDUP. There is a reason Kellner stole the only asset of value (CPT brand) and started a new company after ruining HDUP with a securities suspension.

You ask a lot of questions rhetorically, using the "appeal to authority" logical fallacy. And the answer to most of them is "people are getting paid"

Mark Hutchinson: paid a salary, and paid when HDUP acquires his worthless dormant companies.

Shields Legal Team: bills by the hour lulz

Share Count: dilution is not the only way to scam naive investors. I've explained many times how HDUP instead takes loans (on and off the books) it will never repay. That money is "spent" mostly on insiders.

"Let's see what happens next" It's been years of you insisting HDUP's promises are all ironclad guaranteed, and yet you seem quick to forget all the ones which have fizzled out. I've seen plenty of people equally invested in other OTC scams, there's always an excuse as to why -this- year will be the turnaround year. Maybe in 5+ years it will finally click for you about HDUP.

[solong]

$HDUP - so you believe that Mark Hutchinson is throwing his 30 years old reputation into the trash can of your imagination for nothing? Brilliant thought!

I guess we will see, but I NEVER invested in this because of Kelly. But because of Hutch but go ahead and attack Kelly, I'll be right behind you! He has not been helpful! IMO

And if everything they've stated in filings is comprised of empty promises, then why did the Shields Legal team sign up for the deal? They are a legit legal firm that brought in Parsec. And why did, Parsec Capital merge with Enteractive Media? Was this just a show to entertain you? LMAO

And if it were a scam then why isn't the share count higher? Doesn't a scam issue more shares?

Let's see what happens next. Then one of us will need to explain why we were wrong.

[grantastic]

Kellner is obviously not "stiffing his family" by taking shareholder funds and off-the-books loans he will never repay.

You quote a lot of empty promises press releases, stretching back years, and still none of them turn into HDUP seeing any actual business success.

How many more years of failure do you need to experience before you realize this is a standard OTC hype scheme? One would think that a decade is enough, but some people seem stubborn.

[solong]

$HDUP:
Previously, GameChangerz, on their website, said:

“Copyright @ 2021 Enteractive Media INC. All rights reserved, A Heads Up Entertainment Inc. Property, Published by Enteractive Media Inc.”

On June 7th, HeadsUp via OTC Mkts released a statement that included:

“HeadsUp has partnered with Canadian sports entertainment company Enteractive Media Inc on the first of a number of content production initiatives to produce daily content for sports betting customer acquisition. The companies are presenting and hosting multiple panels and main stage presentation at the SIGMA America's iGaming conference in Toronto where gaming industry leaders are congregating for the largest Gaming conference to date in Canada.”

https://www.otcmarkets.com/stock/HDUP/news/HeadsUp-Entertainment-Launches-Sports-Betting-and-iGaming-Revenue-Platforms?id=360291

And on Jan 11th, 2022 HDUP said in a Shareholder Update:

• The GameChangerz sports handicapping media platform will continue to be leveraged over many media platforms with multiple revenue streams from affiliate marketing to direct sales and advertising with expanded content designed to monetize both traditional and nontraditional global sports.

https://www.otcmarkets.com/stock/HDUP/news/HeadsUp-2022-Shareholder-Update?id=338565

The Kellners (Kelly is CEO of both Enteractive/GameChangerz and Parsec own a few shares in HDUP).
Kathleen Kellner Owner of more than 5% Calgary, AB (Alberta) 19,000,000 Common 8.2%

1992689 Alberta Inc. Owner of more than 5% Calgary, AB 18,000,000 Common 7.8% held in Arnold Kellner’s name

Lynne Kellner Owner of more than 5% Calgary, AB 18,000,000 Common 7.8%

Page 8 of this report; https://www.otcmarkets.com/otcapi/company/financial-report/374449/content

You think Kelly, CEO of Parsec and Enteractive is going to stiff his family? Just answer that one question.

But you don’t care for facts, do you…you just want to bash on a stock you don't own.

[cookieman4eva]

I agree

Management says just enough to keep us sucked in

[grantastic]

I wouldn't know the motivations of Parsec Capital. But we do know that they have NOT announced let alone completed any kind of acquisition or merger with HDUP.

If you want to keep trusting HDUP accouncements promising multi-million dollar acquisitions that never come true, no problem.

yes, it is my opinion that HDUP management is danging carrots.

$HDUP - let me get this straight. Enteractive Media, merged with Parsec Capital just for entertainment?

In June they announced, "$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m."

And in your opinion, they are doing this because they are dangling carrots? There's got to be a Forrest Gump quote for this kind of thought!! lol

[solong]

$HDUP maybe you should tell that to The Shields Legal Group out of Dallas. They're still working on it.

They're the Legal team who brought in Parsec and Parsec merged with Enteractive "A HeadsUp Entertainment property" according to their website.

[solong]

$HDUP so short-term memory loss? Spinola transaction hasn't been completed, go back and read the filings from last August.

[solong]

$HDUP - I think it's a great idea that you gave up. Can't say that I blame you. But I doubt that the Kellners sunk over $1mil into this company to quit. And I can wait and have been for over 3 years.

My first deal ever was Ventnor, they were making cast iron blocks for AMC Motors (Jeep/Chrylser) in the early 80's. It sat at .12 for over 3 years and most days wouldn't trade. It ran to $5 when AMC announced the contract for them to make all of their engine blocks.

I'll wait, I like those kinds of paydays. See ya

[solong]

$HDUP - let me get this straight. Enteractive Media, merged with Parsec Capital just for entertainment?

In June they announced, "$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m."

And in your opinion, they are doing this because they are dangling carrots? There's got to be a Forrest Gump quote for this kind of thought!! lol

[grantastic]

i think you have to face the reality that Nasdaq has listing requirements which these small-scale scammers cannot meet. I.e. audited financials, proof of revenue, etc. etc.

This "we're going to uplist to Nasdaq" is the carrot penny stock scammers dangle almost as often as "we're about to face a short squeeze"

[griffygriff3]

Exactly right, thank you, I’m wishing everyone the best indeed.

[dbob]

We all feel for you and we either make a score or we use another tax write off.

[griffygriff3]

I read all these posts and try to consider and respect all opinions. Regardless, I’m holding this whore through the transition to Nasdaq or forever, whichever comes first. Hell, I’m middle aged, and I suspect Kellner and Hutch are as well, so who knows if we’ll reap the fruits, but I’m holding hellbent and whiskey bound or vice versa or however that song goes…..LOL!

[skichic]

Sure they are, lol.

[grantastic]

But they are going to make $180 million from Spinola any day now!

[cookieman4eva]

These guys have more stories than there are fish in the ocean

Would prefer for them to close a deal with specific information with like maybe revenue projections

Without specifics, one could argue this looks like another pump and dump story

Looks like someone just unloaded 400 K

Why sell when the future is so allegedly bright ?

[cookieman4eva]

These guys have more stories than there are fish in the ocean

Would prefer for them to close a deal with specific information with like maybe revenue projections

Without specifics, one could argue this looks like another pump and dump story

Looks like someone just unloaded 400 K

Why sell when the future is so allegedly bright ?

[alabama1001]

haha.. big difference from 180m SPINOLA

[skichic]

Go back and read all their PRs for the past 18 months and then memorize this number $19,782. That is how much they made in the first 3 months of this year! Give me a break!

[skichic]

Sure they did! Been waiting for HDUP to do what they say for well over a year, maybe longer. I personally have given up. Be very careful here!

[AgentQ]

Nice day here. This thing moves on updates with the possibility being so huge … paytience

[dbob]

INVESTORS NEED TO STOP SELLING. THIS THING HAS WHEELS AND CAN MOVE BUT GUYS LOOKING TO SCALP 50.00 ARE STANDING IN THE WAY. EVENTUALLY YOU WILL BE BULLDOZED BY THE MOVE. KEEP YOUR 50 AND 100 PROFITS AND SHOVE IT

[solong]

$HDUP buys a casino -
HeadsUpEntertainment
@HeadsUpHDUP
·
11m
$HDUP is leading a group of 3 companies for the acquisition of a US land based casino that includes 3 online gaming licenses. 2022 revenue was over $13m. This purchase is a new strategic business unit and will add to the valuation for the uplisting and merger previously announced

[Rob~daBanca]

Nice tweet out on $HDUP

[solong]

$HDUP - I agree - I found it was wise to follow the wisdom of Garfield. A bright orange cat from our US cartoons. Many years ago on January1, Jon his human asked him if he had made a New Years resolution.. Garfield said that he had and Jon asked what it had been...Garfield said, "to lower my expectations".

Helpful advice when you invest in OTC stocks, imo

[solong]

$HDUP - Mark has had a steady conversation regarding the importance of Charity and/or Fundraising via tailored lotteries and games. He's been saying this for at least a couple of years.

This was from their PR in May, "HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, eSports, sports betting, online lottery, mobile 50/50, charity fundraising platforms, software and blockchain based payment solutions."

At first I thought it was a little strange, regarding the focus on "charity fundraising" but I saw this video of Mark from a Podcast in Vegas where he said something close to this regarding charity, "you get to raise a lot of money for good causes and you get to make a lot of money doing it". HDUP has been saying that they will be a player in the charity fundraising market for over 2 years now.

do a search on Spinola Gaming: ( https://spinolagaming.com/ ) guess who is going into charity fundraising? You think that is a coincidence?

Then remember last August, HDUP had a video update for shareholders - they made several good points - 1) being that over 90% of Lotto Games were analog, requiring you to go to a store to buy a ticket and that means the winning ticket can be forged but that goes away with digital (internet) lottery and 2) that many good charities find it hard to raise money and providing a way to get people to give is by providing a way for them to win something if they are lucky.

In searches on Mark Hutchinson I've found GG World (which he is CEO of) https://gg.world/ , and GG Gaming can be found on https://lottopark.com/ where you can play Lotteries from around the world from you desktop. That is, I believe, what Mark is working towards and it takes time.

This might require patience, I've owned shares since 2020...I think it will pay off.

[AgentQ]

This was also part of recent disclosures.

"In March 2023, Parsec Capital Acquisitions Corp. (“Parsec”) completed the acquisition of the majority
common shares of Enteractive, representing 56.7% of the issued and outstanding common shares of
Enterative. Parsec is also acquiring the remaining 43.3% of Enteractive pursuant to separate Minority
Stockholder Stock Purchase Agreements. Pursuant to the Stock Exchange and Reorganization
Agreement between Parsec and Enteractive, the Company’s investment in Enteractive was converted
into 50,000 Class B Common Stock of Parsec. As of April 30, 2023, Parsec’s Class B shares are not
listed for trading on an exchange."

[solong]

$HDUP so you are of the opinion that from the filing (the following is from NOTE 5)

ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.

In your opinion, I'm guessing that this debt was settled? In some imaginary world?

And then from the most recent filing

Apr 21/23 Transfer from Mark Hutchinson of 250,000 Common shares. To a James Mueller in a Private
Transaction of Restricted stock, was that Mark trying to screw a friend?

LOL, you're missing all the clues! imo



Amazing due diligence on your part but completely the wrong conclusion.

[grantastic]

"pray" doesn't seem like a good investment strategy.

The only question for shareholders is: at what price will they figure out that HDUP will never operate any of the legitimate business they promise?

[hazarderk]

Damage control is the rightful move here…..Just move on to the next 10 bagger

[hazarderk]

Chart, displays a pump & dump !the market is never wrong. Hdup is a scam like whole the gamble industry & 90% of otc .

[cookieman4eva]

We’re fucked

Do not trust the quality or intent of any press releases

Amazing how much selling occurs when an announcement is made

Rats leaving the sinking ship

Good luck to all

[cookieman4eva]

We’re fucked

Do not trust the quality or intent of any press releases

Amazing how much selling occurs when an announcement is made

Rats leaving the sinking ship

Good luck to all

[AgentQ]

I think that money was to buy out related parties but yeah who tf knows !! Buy the dip and pray

[alabama1001]

Doesnt past the sniff test HDUP. Im questioning if they really gave $2m to Spinola. If you go and download Spinola/Jackpost group financials which is available on the portal there is nothing about a loan for the last 2 years.

[alabama1001]

you will find out in a few weeks/month when they will finally disclose they are not pushing ahead with Spinola.

[AgentQ]

Again… that’s assuming it’s not a scam … I wanna hear more and I’ll keep waiting before I decide anything about what’s going on

[AgentQ]

They wouldn’t be selling for 2 million. They’d be getting 69m worth of a stock in the NASDAQ entity . That’s why in the disclosures it says they are still working towards completion of deal and reverse triangle merger financing structure etc

[dbob]

I am a shareholder of HDUP, and some of the guys on this site seem to be paranoid and want to take any statements made into a bigger deal then they are. HDUP was going to be doing business with Spinola at this point they have put up 2 million dollars that is in the filings. Why would a company of Spinola size sell the company for a measly 2 million dollars. I have a position in this stock and other stocks such as AAPL and TSLA and have not put up a great deal of monies in a penny stock. I will wait it out and if it fails I will still be fine financially. If your looking for the score of a lifetime this is not that.

[grantastic]

How would you guarantee the details of HDUP's finances, when those details are not even publicly disclosed let alone audited?

Are willing to share your true identity, and explain your relationship with HDUP?

that i can guarantee 1 million percent

[alabama1001]

There is no 180m. Do your research and check out the filings of spinola/jackpot group in malta. Its readily available on the portal https://www.datocapital.mt/companies/The-Jackpot-Group-Ltd.html

It generated less than 1m..... HDUP is a scam. Did the money actually go to Spinola? Where is the DD?

[AgentQ]

Very nice. I did notice the additional info and found it bullish. Also recently Spinola has started with demo sites for white label clients I presume

https://demo.spinolagaming.com

Imo things are happening and there getting ready for launch in many ways … I guess we’ll need to wait some more time to see whose conspiracy theories are right

[solong]

$HDUP - from the latest filing: Did you forget that they would go to Nasdaq based on revenues and income?

5. ADVANCE TO SPINOLA SOFTWARE SOLUTIONS LIMITED
"In May 2021, the Company entered into a letter of intent to acquire Spinola Software Solutions
Limited and Jackpot Group Limited (together, “Spinola”). As a condition of the closing, the Company
and Spinola entered into a Loan Agreement and Promissory Note, to be secured by stock in Spinola
(the “Spinola Loan”).
The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, bears interest of 3% per
annum, and is due within 12 months. All payments are first applied to accrued interest and the
balance to principal. The Spinola Loan can be paid in whole or in part, at any time and from time to
time, without penalty or premium. On May 5, 2022, the Company and Spinola agreed to extend the
loan repayment due date to May 5, 2023.
During the year ended January 31, 2023, the Company advanced $536,162 (2021 – $830,560) to
Spinola. As at January 31, 2023, total amount due from Spinola was $2,086,722 (2022 – $1,550,560).

that was from the latest filing. Did you notice that the latest filing had more information than we've been given before?
Maybe they are getting ready to move to Nasdaq where they will have to be transparent.

As of January 31, 2023, the acquisition of Spinola has not been completed. All parties continue to move
toward the disclosed corporate finance structure of the reverse triangle merger."