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$HDUP we all have an opinion. Had Spinola been acquired by Parsec then as a Nasdaq listed entity they would have had to announce that.
It would also make HDUP guilty of posting about their integration with Spinola as a fraudulent statement.
I could be wrong but Spinola merges with HDUP along with all of the other entities that HDUP has announced and then they merge with PSXCU, with the surviving entity being HDUP Global.
That's what the filings state.
Also. Spinola may have various contracts and licenses that make it difficult to acquire . They may be part of the subsidiary which allows these licensing and contracts to flow seamlessly into nasdaq entity. Maintaining existing contracts and licenses and how it’s acquired is a big part of the reverse merger triangle strategy
That’s been my thesis . Acquiring spinola would force them to dilute HDUP shareholders . Spinola is going to be one of the companies being acquired and part of the SPAC. Shortly after Spinola was announced completed, pcx got started and they issued 69m worth of shares. Coincidentally same value of spinola. I believe that was Spinolas acqusition and why the quiet period and these NDAs in place. It’s likely this hive gaming company is a related company working with spinola .. both supporting national lotteries which would be a huge niche I believe with gg lottery
$HDUP - I have a guess regarding Spinola and the timing of the announcement. FWIW. I emphasize that this is a GUESS.
If I am the CEO of Spinola would I want to merge into a stock listed on the OTC Pink market? Assuming that they have the revenues we've heard about, the answer would be no. That would be nice for HDUP shareholders but it would be of no value to me (CEO of Spinola). I have to assume Ade Recenko (CEO of Spinola) would stipulate that Spinola will not merge into HDUP until they are assured that a Nasdaq listing is definite.
Last August (16th) the company stated in a PR, "This step now allows for HeadsUp to complete and finalize definitive agreements for the full acquisition of Spinola and its related companies". That was 9 months ago and it doesn't take that long for them "to complete and finalize definitive agreements" and that's why I believe that Ade would not agree to join a security listed on the Pink exchange. I suspect that there is an agreement to hold up the merger until there is an inevitable Nasdaq listing in sight.
Again, it's just an opinion...I wouldn't be surprised if it wasn't the whole story.
mkt cap under 10M more news to come, the sell the news crowd is out, time to bebuild, audit coming, SPAC coming, this is where you buy not sell. And I believe this gaming hive announcement is much more than people are giving it https://gaminghive.co.uk/platform/
I think the market wants Spinola finally acquired.
$HDUP - nice to see that and hopefully we'll be hearing more from the company!
HDUP is now pink current. $$$$$$
Attention whore mongers sell me all your shares in the low .02s. The sooner your dead weight is gone the better off we’ll be.
Go to emirates draw web site or YouTube. They have a big reveal coming that is supposedly big news for the lotto players.
Hdup is charged with marketing and growing the emirates draw so I’m assuming this is there work we’ll see … ??
Yes sir I’m staying patient. I bought more at 064 hoping it run which sucks but I just keep buying regardless of price down here ..
I’m looking for PR this week again and following emirates draw on Sunday. HDUP is in launch phase imo. For emirates draw they are revealing some new feature or rewards type program , not sure. This could give us insight into some things hdup plans to do for the global lottery industry …
Good post, buddy, will do.
This appears to be company acquired
https://gaminghive.co.uk/platform/
Been involved in penny stocks for 50 years and it is frustrating that the announcements are not what you are looking for but this is an acquistion and it adds to heads up portfolio. For a company to be acquired or merged into another it is much better and easier if the company being merged in has revenues, portfolio of businesses and has competent management. People unfortunately sell on news and it is not good for all but this is the world we live in. I like the press release because it is not an MOU or LOI it is an straight out acquistion. Lets try to be positive here instead of the negativity brought on by few. Good luck to all. This is not a regular b.s. penny stock deal. Patience my good people.
Game Hive has 633,400 followers on Twitter.
$HDUP from another platform:
"$HDUP Game Hive mobile games have been downloaded over 200M times across multiple mobile platforms"
$HDUP and one of the ways they get uplisted is to merge with a SPAC.
Parsec Capital merged with Enteractive Entertainment (CEO is Kelly Kellner) see the most recent filing:
"https://www.otcmarkets.com/otcapi/company/financial-report/370127/content"
Kathleen Kellner Owner of more than 5% - Calgary, AB Quantity 19,000,000 Common 8.2%
1992689 Alberta Inc. Owner of more than 5% Calgary, AB 18,000,000 Common 7.8% Arnold Kellner
Lynne Kellner Owner of more than 5% Calgary, AB 18,000,000 Common 7.8%
And Kelly was named CEO of Parsec Capital. They were delisted from the Nasdaq exchange when several of their investors decided to exit. Kelly was named CEO after the recent delisting.
The company will acquire Spinola, with several audits showing that they will bring in excess of $100 mil in revenues (go back on OTC Mkts and read EVERYTHING under "news" category).
They didn't say if that was for 1, 2, or 3 years but it will be sufficient to meet the Nasdaq exchange standards where Parsec was listed prior to the exit of investors.
Don't listen to anyone on a Public Forum, do trust filings. Do some due diligence.
You sound like your new to investing
There are a number of requirements a company MUST MEET in order get up listed
Just because they are SEC reporting doesn’t give them a pass
Copy that. Yeah it looks like they can put the Rubber on the Road now. Hopeful.
part of the reason for people being negative about today is two-fold:
1) I keep hearing people who've seen a post on charity efforts as dismissing that market as unimportant and I think they are wrong. Mark has in some interviews suggested that this market made a lot of money while he was in S. Africa. He seemed to attribute his affiliation with Nelson Mandela as largely attributed to the efforts in charitable efforts, while stating that it was a big piece of revenue, not to mention goodwill.
2) several times over the last 2 years we've been told that they are ready to rock-n-roll only to have them go silent for the next 7 months: no updates, no conversation, nothing.
The result is a pretty skeptical shareholder base.
I think so. They put the Cart before the horse. They just should waited instead of trying to time the otc markets group.
hope that is the case
$HDUP - I think you're right about that. When I saw the "Yield" sign this morning I quit watching as I assumed there would be no PR today. I didn't see it until someone sent me a message asking what I thought about the PR.
As far as OTC Mkts goes, the sooner we can escape them, the better.
What a fuckin joke of a press release
These guys would fuck up a one car funeral procession
Instead of stringing us along, they should stop these bullshit press releases and focus on getting this “alleged” deal done
Time to walk the talk
I think they're waiting for Pink current for more news and bigger. This was to fill in because they promised Wednesday news. Where the he'll is pink current. Did they really think the stinking otc markets would do business on time. What a joke.
$HDUP - here is why today's news was important:
-- Americans made over $471bn in charitable donations for 2020 (latest I could find)
-- 6 European countries gave over $108bn in 2019 (latest I could find)
Almost no charitable entity I am aware of runs its own marketing efforts to raise capital. They hire outside companies to do that and those companies get to keep a percentage of the revenue which they generate.
Contrast this with the worldwide lottery market at $366bn and (doesn't include the gaming market, sports betting, etc) whatever piece of these markets the company can get in these various markets will contribute to the bottom line. You need to be a player in as many markets as possible in order to monetize your business efforts. Charitable giving is a big one, imo
The gaming
Typical sell on news. Buying any pullbacks here
$HDUP
Nice addition to tech stack to go with Spinola … expecting steady announcements to start as they uplist
Reverse psychology wins ,
Hopefully the sell the news crowd losses today... looking good so far.
Dare I say anything. These boards have ears shaped like MM's.
I’m done soaking for now . A lot of pressure downward otc sell the news can’t get around it in this market
I thought my buys in the 4s were solid . Yikes
Scam or not I'm a bag holder just like that, fuck
Well they have a reputation of not delivering. Do some digging FYI
I hope you right. I’m on the sidelines
Boy you really informed us since 99% of otc is a scam. What would we do with out your stellar insight. Lol
dont think you can get to the NASD being a scam
Looking into I’m afraid this one is a scam like 99% otc
Hard to believe retail would sell at .048.?.?
Man nice grab. Gap filled.
Can’t believe I just caught some of that
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