Enthusiast Gaming Holdings Inc (EGLXF)

[StockLogistics]

This company uses shares to buy companies, creating selling pressure on the SP that retail and institutional investors can’t make up for imo. Congratulations you made some of your friends millionaires:

“ The Closing Shares are subject to a statutory hold period and a contractual lock-up as follows: 1,008,150 common shares issued to each of Shinggo Lu and Alan Liang will be released as to one third on each of 180, 360, and 540 days following the closing date; 3,183,700 common shares issued to other equity holders of Outplayed, Inc., including 1,568,278 common shares issued to Harris Blitzer Sports & Entertainment, or a designate thereof, will be released as to one half on each of 120 and 240 days following the closing date. Any common shares issued in connection with the Anniversary Payments or Earnouts will be subject to a contractual lock-up of180 days for Shinggo Lu and Alan Liang and 120 days for all other holders.”