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jk1283

11/22/16 10:08 AM

#42622 RE: Greedy G #42621

I've heard about a buy back before.. what does it mean exactly? Why would you want to do this ??

Thanks
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JimboM

11/22/16 1:17 PM

#42648 RE: Greedy G #42621

And also only after fully funded and substantial revenue, Vik promissed and reiterated many times.
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JimboM

11/22/16 3:54 PM

#42659 RE: Greedy G #42621

GREEDY, DO You know or are aware if these current series of tournaments are sponsored by a sponsor and thus the prize money is definitely being put up by a sponsor? The previous tournaments we have this first name in the tournaments giving them advertising and a reason to sponsor obviously we do not have this with these current tournaments.

If we don't have sponsors the current prize monies, for was not accounted for in the money is in the most recent quarterly filing so, that money needs to come out of the money that we have on hand or proceeds, if so cash on hand comes down substantially.

Is great they were making progress with these tournaments and the larger prize buckets, but as I was before the quarterly filing and i saw that the burn rate is much higher then what I have proposed I'm even more concerned about the cash that we have on hand.

I know we have sponsors I can see them like everyone else on the spots are the same ones who have been there forever and there's no indication or notations that any of them are specifically paying this price tools,