diamond482
10 años hace
Nice summary from Amphenol on Stockhouse :
An update from Alphastox
Dear Alphastox Subscribers,
Make sure you keep an eye on Contagious Gaming (TSXV:CNS). The company continues to seek growth and increase value for its shareholders and is one of the few deals in the last six months that has consistently traded above its issue price of $0.40/share. CNS is heavily supported by some of Bay Streets finest and most knowledgeable investors in the gaming industry. With what the company has going on at the moment and their projected revenue stream, there is no reason in my mind whyCNS.V can’t follow in the footsteps of some its predecessors like Intertain (TSX:IT) and Amaya (TSX:AYA). CNS has been perfectly executing its business model by acquiring cash flowing businesses while still maintaining their huge upside potential with Goal Time. Remember one thing, Goal Time is being pushed and marketed by one of the largest publications houses in the UK: Trinity Mirror. Trinity believed in Contagious’ vision so much that they even invested directly in the company’s last private placement. We haven’t chatted about Goal Time over the last few months but I think the time has finally come for us to see the platform start to gain some traction. The potential for this is absolutely enormous. Not only is Trinity’s marketing machine ready to get going, but CNS is broadening their reach outside of the UK which should bring a whole new audience and user base to the table. Contagious recently announced a licensing agreement with Manyx to provide its proprietary Goal Time software platform to licensed gaming operators in Africa. We all know how big Soccer is in Africa and this is the fastest, easiest and most interactive way everyday fans can seamlessly bring a little excitement to their homes. If this thing takes off like I’m hoping it does, the company’s projected revenues could easily dwarf their current market cap.
Manyx is a high-end custom mobile value added service (VAS) & software development company. Not only will Contagious supply the Goal Time license but it will also provide live sports data and support services for the software platform which comes with licensing fees and royalty payments. This is the first B2B licensing deal outside the UK and sets the stage for additional partnerships in other jurisdictions down the road.
The company is continually looking to secure additional B2B partnerships for pari-mutuel sports betting. By continuing to expand its network, Contagious is organically growing the company to create even greater value for its shareholders; last month the company acquired Chelbis Company, a U.K. based online bingo provider.
Contagious (TSXV:CNS) offers investors the opportunity to play a small cap story with big upside potential and pending catalysts. CNS has the steady cash flow coming in from their other ventures as well as the hockey stick potential with Goal Time which could potentially be a company maker on its own merit. The time to be watching CNS is right now, especially as the company plans a heavy marketing campaign exposing their story to a broader investor base around the country. Each move this company makes has proven to be very accretive to its shareholders, so there is no telling where this stock can go form here. It’s definitely worth a second look around the $0.50-$0.60 range.
As always, if you have any questions, please do not hesitate to get in touch with me anytime. I look forward to hearing from you.
Best,
Etienne
Disclosure: Transcend Resource Group is a shareholder of Contagious Gaming (TSXV:CNS)
Read more at http://www.stockhouse.com/companies/bullboard/v.cns/contagious-gaming-inc#eRTob9elmx46mLdz.99
amphenol
10 años hace
CONTAGIOUS GAMING EXECUTES SHARE PURCHASE AGREEMENT TO ACQUIRE ESTABLISHED UK ONLINE BINGO PROVIDER CHELBIS
Further to the news release on Dec. 8, 2014, announcing the signing of an agreement to acquire Chelbis Company Ltd., Contagious Gaming Inc. has entered into a definitive share purchase agreement to acquire all of the issued and outstanding securities of Chelbis Company Ltd. (Malta) and Chelbis Company Ltd. (Isle of Man). The acquisition will require an initial payment of 3,825,000 common shares issued at a price of 80 cents and cash consideration of 400,000 British pounds on closing. The company is also required to make a payment equal to 21.43 per cent of Chelbis's 2014 net profit subject to certain adjustments, not to exceed 150,000 British pounds, on Dec. 31, 2015, and amount equal to 21.43 per cent of Chelbis's 2014 net profit subject to certain adjustments, not to exceed 150,000 British pounds, by the date that is six months from the deadline for the second cash payment. Furthermore, the company is required to make earn-out payments equal to one times Chelbis's 2015 net profit and Chelbis's 2016 net profit. Chelbis will be delivered with unrestricted cash equal to or exceeding 300,000 British pounds.
The acquisition is subject to certain closing conditions, including regulatory approvals.
In addition, the company announces that it granted 3.9 million incentive stock options dated Sept. 19, 2014, to directors, officers, employees and consultants of the company pursuant to the closing of the company's reverse takeover, as approved by shareholders Aug. 1, 2014. Each option is exercisable to purchase one common share of the company until Sept. 19, 2019, at a price of 40 cents per common share.
diamond482
10 años hace
A lot of information here .. but it's a pile of links to everything Contagious Gaming for anyone that wants to dig deeper.
Also ... Poster ISCFA on the stockhouse BB posted he got an email back from the chairman at Contagious indicating that they hope to have the agreement with Chelbis finalized by the end of this month.
NEWS: Solid AFRICA Licensing-Distribution Carriers
Been online reviewing info on Mobile Telephone Carriers connect to today's African License Grant . See Mobile Carrier overviews included c/o Wikipedia into today's NR below for your perusal More solid partners to implelent and grow with beyond Trinity Mirror PLC, G-TECH, Scientifi Gaming, Zynga. Do your Due Diligence. Timely
Just recent release of research $1.35 Target to $1.85 on Cheblis acquisition closing.
http://www.globalsec.com/market_news/research/capitalmarket/CNS_01092015.pdf
CONTAGIOUS LICENSES GOAL TIME SOFTWARE PLATFORM TO MANYX INTERACTIVE LTD.
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES
VANCOUVER, B.C., January 15, 2015 – Contagious Gaming Inc. (TSX-V: CNS), (“Contagious Gaming” or the “Company”) is pleased to announce that the Company through its wholly-owned subsidiary, Contagious Sports Limited (“Contagious Sports” or the “Licensor”), has entered into a license agreement with Manyx Interactive Ltd. (“Manyx” or the “Licensee”) to provide its proprietary Goal Time software platform (the “License Agreement”).
The Agreement grants Manyx the right to distribute Goal Time to licensed gaming operators in agreed upon African jurisdictions (the “Territories”). Any Goal Time distribution agreement entered into by Manyx is subject to the approval of Contagious.
In addition to providing the licensee with the Goal Time software platform, Contagious is also to provide live sports data and certain support services related to maintaining the software platform. Pursuant to the license agreement, Contagious, as the licensor, is entitled to:
a) a one-time licensing fee; and,
b) royalty payments based on gross revenues.
Peter Glancy, CEO and Director of Contagious, commented: “We are pleased to announce the licensing our Goal Time software platform into significant jurisdictions, as the Territories are among the English Premier League’s (“EPL”) largest global audiences. The structure of this particular agreement allows us to focus on operating Goal Time in our core markets, while at the same time deploying the Goal Time software platform in other key soccer markets around the world.”
About Manyx : Manyx is a provider and integrator of content to mobile and telecom operators. Manyx is licensed and regulated by the Nigerian Communications Commission, which enables them to provide content to Mobile Network Operators (“MNO”) which include:
"WIkipedia summaries of partipcating mobile phone companies to this agreement"
MTN Group, ...formerly M-Cell,[1] is a South Africa based multinational mobile telecommunicationscompany, operating in many African, European and Middle Eastern countries. Its head office is inJohannesburg.
Airtel Africa, is a subsidiary of Indian telecommunications company Airtel, that operates in 17 countries across Africa. It operates a GSM network in all countries, providing 2G or 3G or 4Gdepending upon the country of operation.
Glo Mobile, "Globacom Limited" is Africa's fastest growing telecommunications company. Globacom is the market leading mobile service provider in Nigeria. Globacom operates in the Republic of Benin and Ghana. Globacom also acquired licenses to operate in the Ivory Coast. It has a reputation as one of the fastest growing mobile service providers in the world. Globacom Limited aims to be recognized as the biggest and best mobile network in Africa.
Etisalat.: Emirates Telecommunications Corporation, is a multinational UAE based telecommunications services provider, currently operating in 15 countries across Asia, the Middle East and Africa. As of February 2014, Etisalat is the 12th largest mobile network operator in the world, with a total customer base of more than 150 million. Etisalat was named the most powerful company in the UAE by Forbes
The Territories covered in the License Agreement represent combined MNO subscribers of over 213 million. "UNDERSTATEMENT OR WHAT ACCORDING TO WIKIPEDIA."
This is a licensing agreement only and Contagious will not be operating in any new jurisdictions. The royalty payments are not dependent on gaming win or tied to the outcome of any gaming activity but rather a function of tickets sold.
For further information please contact:
Charles Shin, Chairman
email: charles.shin@contagiousgaming.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this news release is considered forward-looking within the meaning of certain
Mark Lackey is regularly on Pat Bolland’s SNN and BNN if you haven’t seen this yet worth a repeat even. You’ll recognize Bolland as original host on BNN way back now on Sun Network. CNS starts at the 7:14 mark. He put out 2 gaming stocks buys on his client list last yr that went ballistic and he says he's really excited on CNS re various reasons stick out re his criteria.
Nov 23, 2014 Explosive New Industry Could Crush Vegas
http://www.pinnacledigest.com/articles/explosive-new-industry-could-crush-vegas
Dec 10, 2014 CNS Part I
http://www.pinnacledigest.com/articles/contagious-story-cnstsxv
Dec 14, 2014 CNS Part II
http://www.pinnacledigest.com/articles/contagious-story-part-ii
http://www.trinitymirror.com/pressrelease/trinity-mirror-launches-goal-time-in-partnership-with-contagious-gaming/2106
Read more at http://www.stockhouse.com/companies/bullboard/v.cns/contagious-gaming-inc#Ge5VTGdvjYyPYZKE.99
Ciroc
10 años hace
Agreed! I have taken a small position of 9,000 shares. I wanted 10k initially, but other investments were at their bottom, so I will get there next week. I do aspire to be like Dimond & hold a bigger stake in this company! I will build my position to 50k slowly, as I do feel the potential upside is huge w/ this company.
I do agree though (as a non-gambler of sports) the website is a bit confusing & should be revamped to be more intuitive. With said, I am in the United States & with it illegal to do online betting, (at least poker) my view could be seen as narrow in regards to the website; just my opinion though. I would hope they could redo it so that If someone like myself were to place a bet that it would be much easier.
I am very excited about the software they are introducing to Georgia for the state lottery. The upside to that is huge, specially if it works. They could use that software & adapt it quickly for the other 49 states.
Of course all IMHO
Ciroc
10 años hace
Diamond,
Thanks for the tip. I'm from the frequent reader of TITXF board and post every now and again. I'm on the medical side so I did some DD on this company, but since I am less than lay when come to tech & software stuff I couldn't understand most of what I read. Does look exciting though as I feel everything becoming real time is the now & future.
So to make gaming real time as the sport is being played seems like a good bet to me. Plus, (eLottery) here in the states is really exciting to me & the type of revenue it will generate. Oh, and it doesn't hurt that I had couple very tech. & software savvy friends of mine look at it & they both liked the company, who they're partnered with, and the software & technology & "said" they will be taking a position.
I took a position of 7,000 shares today. I will be increasing my position to 10,000 total and see what happens. What I don't understand though is why the 7,000 shares I bought didn't show in the total of shares traded today. Anyone who can answer that, it would be appreciated. I trade threw Scottrade if that helps.