"Before you embark on a journey of revenge, dig two graves" -
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$HDUP - then you just don't understand what they are doing...
Spinola primarily is a software provider to companies with existing game/lottery platforms
HDUP (which means Mark Hutchingson) is a game/lottery developer
Can you see the synergy?
Tipton who was brought on because he understands licensing and the legal issues of gaming/lottery platforms...makes up another component.
If you dig into this you will understand that the estimate for gaming/lotteries world wide is very close to a $1tn market. Spinola alone will never get more than a small fraction of that.
It's why companies merge...and it's why Spinola would want to be with the guy who brought about PowerBall, the biggest scratch game in the world (UK) and another success in S. Africa.
Like any business man, he wants more than just a small slice of the pie.
$HDUP - if you dig a little deeper you'll find that they operated in Malta but have offices somewhere else...Malta is the center of Lottery operations for a good portion of the world.
Before you wear out your sniffer, let's see if they continue to put out the info about new acquisitions to the HeadsUp Global entity. They said today, more news is coming on Tuesday.
Funny that no one can sniff out what their new offices mean in Abu Dhabi...lol
$HDUP - when you are in the process of acquiring another company, the SEC does not say that you have to file/report on your DD. They said that they had the numbers audited for the purpose of understanding the value and confirming that claimed revenue stream.
Spinola is not a public company and HDUP is not required to file the contents of its DD. Most people understand this.
Once Spinola is part of the company, their numbers will be included with the filings.
$BOXS is holding steady...this might be getting close!
$HDUP - remember that these results were audited...and they just have an office in Malta...can't find where they are based? My eyes are wide open...
$BOXS - hopefully they can tell us how much lithium they will be providing?
Just putting out posts showing that Lithium is important...is something we already know.
$HDUP my response is that you might need to check out how many countries Spinola and some of Hutchinson's entities already work in, under license.
Let me know when the light comes on.
$HDUP - this is my opinion - Lottix was brought in and if you do any research on them, it existed because of Hutch. Hutch has been involved in other companies and they might end up being partners.
But step back a second and look at Hutch's history.
The first Lotto America drawing was in 1988... which morphed into PowerBall which had it's first drawing in 1992. It's the largest in the world, some 30 years later.
The company keeps saying that they are going to move into a digital environment. Where you'll no longer go to your grocery store nor convenience store to buy a ticket.
And that your ticket will be governed by Blockchain tech so that you can prove your ownership. Beyond that, you can play any game, anywhere and at any time. All you need is a connection to the web.
I would suggest that Hutch is still 30 years ahead and we'll see that unfold, this year.
So now we have lottery plays that open with a $20mil payday...what happens if the entire globe can play that lottery from whatever connected device they own?
Minimum paydays in the hundreds of millions would attract how many people?
Spinola has been primarily a software company. Their claim to fame is that they can adjust their software easily and quickly. Take a second to think about what that means.
Google directs ads to you based on what you do on the web. Analytics can direct you to the type of games/lotteries that you like...we're heading into an new day and based on Hutch's history...I would place a bet on him.
$HDUP - don't miss out on this part:
In a subsequent deal, the management team of HeadsUp Ventures has entered into an engagement agreement to launch and operate a major lottery operation in the largest market on the African continent. The anticipated revenues from this and other operations under the HeadsUp Ventures business portfolio are substantial and look to be a major contributor to the top and bottom-line financial results for the Company.
This global expansion positions HeadsUp to accelerate its plan to substantially increase shareholder value while targeting the newest opportunities unfolding in this digital sector.
$HDUP - CALGARY, AB, May 26, 2022 /PRNewswire/ - HeadsUp Entertainment International Inc. (OTCPINK: HDUP) is pleased to announce the closing of a major partnership agreement with MetaVerse Vision Group FZE LLC, UAE whereby a new subsidiary under the HeadsUp Entertainment International public company has been created and named HeadsUp Ventures FZ UAE. HeadsUp owns 49% of the shares of the new entity which is positioned to monetize numerous opportunities and contracts under the strategic alignment of industry leaders.
Metaverse Visions' main principal Ola Lind has been a key icon in the global lottery and gaming business, securing multiple licenses and has been a 15 year associate of HeadsUp's Chief Business Development Officer, Mark Hutchinson. The management team has specific goals to immediately monetize the new frontier of the emerging digital landscape in the region and beyond.
HeadsUp Ventures has opened new offices in Abu Dhabi and the management team in place are pleased to announce its participation in the release of the first product to the marketplace, a ground breaking generative NFT drop with platform partner Tokonomika and its "Beat My Team Euro NFTational Tournament" which can be seen at http://nftational.beatmyteam.com which launches today. This is the first in a planned series of sports team based NFT launches that management believes will be highly successful and profitable. Pictures of the new Abu Dhabi offices will be posted to the Company's Twitter account soon.
In a subsequent deal, the management team of HeadsUp Ventures has entered into an engagement agreement to launch and operate a major lottery operation in the largest market on the African continent. The anticipated revenues from this and other operations under the HeadsUp Ventures business portfolio are substantial and look to be a major contributor to the top and bottom line financial results for the Company. This global expansion positions HeadsUp to accelerate its plan to substantially increase shareholder value while targeting the newest opportunities unfolding in this digital sector.
$BOXS we've been through a year + of selling to deal with the debts, hope they can produce the "goods" and we go to a higher share price.
$HDUP - news release is imminent - HeadsUpEntertainment
@HeadsUpHDUP - 13m (twitter)
$HDUP Press Release being uploaded for Immediate Release.
$HDUP - we need to look closely at how they phrase these announcements. The words they use are meant to help us understand the deal without them spelling it out.
Here goes:
From their PR on OTC Mkts 9/28/21:
After independent audits and private analyst reviews, it has been confirmed that the total value of contracts as part of this transaction are in excess of USD $180 million with revenues already being generated from multiple clients and acceleration of other new product launches.
THEY DID AUDITS TO CONFIRM WHAT THEY WERE GETTING, you don't do that if this was just a PR exercise.
In their PRNewswire Press Release of 5/3 - they stated this:
When they referenced the deal to buy Spinola they said this: "The complex nature of the acquisition and merger strategy has been onerous and complicated, but we are pleased that we have built a financial model that will maximize our corporate finance structure and build a strong foundation for the many sectors we are operating in to generate substantial revenues."
So the downside is that it's taking time, but they are building something to past the test of time. IMO
Then remember that they hired the Texas Law firm in part "because of their success in taking OTC companies to NASDAQ"
They have not given a SINGLE signal, that they are not moving forward with this transaction.
$HDUP - $HDUP - again...show the link that says Insider did a $40k promo on them.
we've offered you the opportunity to put up a link...but there isn't one.
$HDUP - Kellners didn't sell a share, proven by the filings. Everything else is just a distraction from the truth.
$MJWL - correct, I was reading the Canadian assertions. SEC was not involved.
That aside, I've seen that if a CEO needs to spend a lot of time with a regulator (any of them) that they will be offered the opportunity to step down, rather than keep the stock/company in limbo. I've seen that before with the SEC, then the SEC investigation will continue regarding the now "former" CEO but the company can continue under new leadership.
During this period, the SEC doesn't bar them from having contact, they just don't want them to be responsible for filings, etc while they investigate.
So maybe the same thing happens here. CE needs to be removed or we'll likely be stuck for awhile. Sorry about the "SEC" statement.
I do know that once this begins with OTC Mkts, they are not very fast at getting these things resolved so we might have a wait.
$MJWL - OTC Mkts and the SEC are notorious for being slow. But they usually do not want to punish shareholders so it will get resolved at some point.
$MWWC - eventually this one will do well, they've been making steady progress for a long time...it will payoff
$HDUP - just a follow-up on the baseless assertions that the Kellner's were selling and had paid for a pump n dump. In the latest filing, the number of shares owned by each of the Kellners is EXACTLY the same as it was on the 3rd quarter report.
So, hopefully, that puts this falsehood to bed and we can go back to waiting! lol
$HDUP - from what I can find, which isn't a lot is that they operate in Africa, Europe, some parts of SE Asia, Brazil. There was an article from the UK that provided a brief summary of them, just saying that they were licensed, had business in the above places, etc.
The article did have a list of their milestones which I found interesting:
016 — Founding of Spinola Gaming
2020 — Spinola Gaming expands to markets of LatAm and Asia
2021 — Spinola Gaming launches eSports lottery betting platform
2022 — US-based operators start implementing Spinola Gaming’s solutions
$HDUP - it's (the small trades) from the one who is driving this. A bunch of new MM's came on board recently. They are good and not our normal OTC destroyers. If it begins to run like it did on the 100k share buy, followed within minutes by a 50k share buy (both this morning)...they come in and calm things down.
when this was at .05, they came in and this went from .0504 to .168 - then they put on the brakes. It came back down and today when it was being hit at the open to move it up to .16, it all stopped, as if by magic.
But those moves took the upside potential up...it moved the RSI higher. We'll see when they come out with the next news both as to when and how strong is the news.
News is weak and we might get to .20....news is strong and we're headed towards .30. GL2A
Never let anyone say, that you didn't have a way with words!!!!
$HDUP - at this link you'll find 3 filings: https://www.otcmarkets.com/stock/HDUP/disclosure
Attorney Letter - just saying...all is well
Management Discussion and Analysis - this one has some meat
Annual Report and this one has the revs/expenses/etc
$BOXS - Andrew has been pretty open regarding this...and it's in the filings (the notes) so it's not a surprise.
In the next few months we'll see what we've all been waiting for...the outcome of testing from existing wells and the value of the lithium deposits.
Someone is buying....
$HDUP - not trying to question you but could you send the twitter link for this reply?
HeadsUpEntertainment
@HeadsUpHDUP
·4m
Thank you for those comments. Once all closings and announcements are complete, management is confident that their strategy to create enhanced shareholder value will be substantially reflected. Lawyers and accountants have created quite the experience but mgmt will succeed!
You seem to make that sound like it was in response to 2outted? is that correct?
$HDUP - low volumes but higher prices, I think that means that everyone who wanted off the train...got off at the last stop....20's coming up
$HDUP - lol! too funny!
$HDUP - I think we have to meet the requirements of Nasdaq - $3 share price and capital valuation. I think we can get part way there with Spinola.
Have to see how long it takes. It's not very often that you get an OTC company that has this potential. imo
$HDUP - according to FINRA they owned 10k shares as of the end of April.
SPLN is part of Celadon, we know them as CFGN - SPLN is normally associated with Institutional buyers and Hedge Funds...at a minimum, we should wonder why they care about this.
It might be a sign of how important this company will be. Rarely do you see the big dogs showing up at the OTC party.
and I don't think that you'll see them slapping the ask, it's not how big money acts.
$HDUP - we have a new MM and on the ASK. SPLN - usually represents Institutional investors or hedge funds...wonder what they know that we don't?
$hdup - I just thought you might not have known that in the SEC's view. A tweet is the same as a PR. There is no difference.
I know you've been watching them and so you'll see them issue a pr on one release and the tweet on another. Both have the same legitimacy with the primary difference being as to how many letters can be in one (Twitter) vs the other (PR)...I'm guessing that is a decision for the company to make?
Maybe they don't want to say more? But more is coming and I think we both agree on that. GL 2 you!!!
$HDUP - the SEC ruled on this in 2013: 2013-51
Washington, D.C., April 2, 2013 —
The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
https://www.sec.gov/news/press-release/2013-2013-51htm
The company already said they would issue news via Twitter, Press Releases, etc.
AS LONG AS THE COMPANY HAS TOLD INVESTORS THAT THEY WILL USE TWITTER AS A METHOD TO RELEASE NEWS....IT'S LEGIT!
$HDUP:
HeadsUpEntertainment
@HeadsUpHDUP
·
9m
This strategic relationship is the secret sauce to monetizing the global digital lottery platforms that we are building globally. Much more news on this coming!
$HDUP - and...we begin. be careful - this one is going on a long ride, you'll need to be patient. GL
HeadsUpEntertainment
@HeadsUpHDUP
·
22m
In non-arms length deal $HDUP and Goodson Gaming announce global lottery TV game show. Producing over 25 of the world's largest lottery game shows $HDUP/Goodson will produce new show targeting 150m viewers. Goodson produced the "PowerBall The Game Show" + many others in industry
$HDUP - I didn't think that either...
$HDUP - I sometimes assume that posters are moderately attached to the filings:
My bad: see the CEO's - Doug Wilson's video:
https://drive.google.com/file/d/13eQyOC3hx8NmkpMOTcm8fGU8Zp2BWT1v/view
In that video, he says that they are dealing with all the regulatory bodies, as appropriate, for them to conclude that acquisitions and mergers. THAT DOES NOT INCLUDE THE UAE...if you can't trade in the UAE, it's not the company's fault.
Show me where the UAE should be driving the bus...if you can't participate in the UAE but represent .0001 percent of the market...too bad.
$HDUP - news is out:
As outlined in the last press release, to complete the reverse triangle merger, a Registration Statement will need to be completed which includes all required items for submission to the Alberta Securities Commission to remove the CTO.
As outlined in the last press release, to complete the reverse triangle merger, a Registration Statement will need to be completed which includes all required items for submission to the Alberta Securities Commission to remove the CTO. https://t.co/SIeK0TZiy6
— HeadsUpEntertainment (@HeadsUpHDUP) May 10, 2022
$HDUP - I think that what they are planning is that you can play, anywhere, on any game/lottery, and any time....it's called Global...Whether it's sports betting or lottery playing. Anywhere, any lottery/game, and any time is where this is heading.
$HDUP - I'm just curious about this post, who give a damn about the UAE? Where did that come from?
$HDUP - just saying they didn't lend Spinola 3/4 of a million dollars because they wanted a PR...