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Re: infamous post# 2716

Saturday, 01/13/2024 12:11:47 PM

Saturday, January 13, 2024 12:11:47 PM

Post# of 5028
Hence the lawsuit against Aspire , yes it was back on April 25, 2023 which everyone was aware of at the time since the price fell from well over $10 to where we are now since then.

But that is a moot point as they are now in a Trial seeking recovery of all they lost because of the acquisition of Aspire Global.

EBET is seeking $70milllion plus punitive and other damages proven at trial


"On September 28, 2023, EBET, INC. filed a lawsuit in the State of Nevada against Aspire Global PLC, AG Communications and affiliated entities asserting damages in an amount of no less than 65,000,000 Euro plus punitive and other damages proven at trial (“Aspire Litigation”) and including causes of action against Aspire and the other defendants for fraud, material breach of the share purchase agreement whereon the Company had acquired the i-gaming B2C assets including the Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP domains, sites, player database and other related assets and also related to the operator service agreements and Promissory Note entered concurrent with the closing of the share purchase agreement, and other causes of action. On November 7, 2023, Aspire and the other defendants removed the subject matter to the United States District Court for the District of Nevada. On December 12, 2024, Aspire filed a Motion to Dismiss our Complaint in the matter and on January 9, 2024 we filed an Opposition to Aspire’s Motion to Dismiss. "

Now get ready for the Discovery phase of the trial coming up next(unless they want to end this fast and just settle or buy them out of course)
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