Replies to post #3129 on Simplicity Esports and Gaming Co (WINR)

[justnkz]

What’s more interesting is looking at Level two, It shows one buyer for 100 shares at 2.35, I wonder if that’s a mistake or it’s not?

[John_Vallay]

Simplicity business deals do not matter anymore. On friday they filed an 8K with the S.E.C. and it shows that they did a bunch of finance deals with a bunch of sharks. The sharks lent Simplicity money and they will get shares at $1.00 to pay off the debt.

This stock is heading to $1 and I am sure it will go under $1 because I am guessing there are provisions in the debt deals that guarantee the sharks additional shares for repayment if the stock goes under $1.

And if anyone thinks Simplicity will pay off the debt deals with cash you will need to show me where the cash from the operations will come to pay off the debt.

I was holding out and believing in this company in the hopes that their brick and morter places would do well, but it looks like this dog has fleas.