EBET Inc (EBET)

[CoinOp]

📢 📢 $EBET DD: Suing a $28Billion! Company For $70m+Damages could be well above $100mil (Settlement or buyout could hit at any time) 📢 📢 - Unicourt progress shows it started Nov 7th and is showing updates and moving forward.

EBET, Inc. v. Aspire Global International Limited et al

Following the Trial here free site - https://unicourt.com/case/pc-db5-casegu28c865ea6042-1694163?init_S=ch_ltst
or
On Pacer pay site only free for 14days https://www.pacermonitor.com/case/51295245/EBET,_Inc_v_Aspire_Global_International_Limited_et_al

Currently at Docket Filing #45 Where they just added the Big Guns Lead Litigation Trial Attorney This Guy A++ Experience here https://www.sidley.com/en/people/h/hummel-chad-s#experience
Other Key Docket Filing #40 mention of Discovery Plan *

📢 This acquisition back on Oct 1,2021 is what it is all about that dragged them down so much to these oversold levels https://www.streetinsider.com/Corporate+News/Esports+Technologies+%28EBET%29+Announces+Acquisition+of+Aspire+Globals+B2C+Business/19010301.html

📢 Now the new owner of Aspire Global is Aristocrat Leisure who will have to bail them out , not a problem $28 Billion Company!
These are pretty damning claims EBET has against them here https://igamingbusiness.com/legal-compliance/legal/ebet-and-btobet-launch-legal-challenges-against-aspire-global/
_________________________________________________________________________________________

When Discovery goes through it may get interesting as details will be received by the defendants

Next step either they get scared of a trial and settlement $$ offers

A situation for a buyout is higher than before the lawsuit was started imo , mostly because of the wealth of the parent company being sued

Aspire Global = Neogames = Aristocrat Leisure <<<< Aristocrat is the leader and a $28B Company! Here is the BIG connection - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173639941

Here is Aristocrats list of acquisitions -
https://tracxn.com/d/acquisitions/acquisitions-by-aristocrat-leisure/__lHafxzYnY5-D1Mx2g3LO_DOwrDY2XJhNNRfYYXS2hBI
Here is there $28 Billion Company/Stock -
https://www.asx.com.au/markets/company/ALL

Also note EBET has had no dilution as shares out remains unchanged since OCT 2 @ 14,979,642
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173664789

Houlihan Lokey has also been hired by EBET to advise them months ago , looks like we are now seeing them work their magic as they are also a big firm with a great reputation.

Updated my DD from last month now, more to come.