ePlay Digital Inc. announced its ongoing marketing program for the upcoming launch of Big Shot Basketball continues with industry events this week in San Francisco and Hollywood. ePlay’s focus for the week is its flagship augmented reality mobile esports platform, Big Shot. Big Shot is seen as Pokemon Go meets sports, esports, and entertainment.
“Mobile esports is still growing and the industry is in its infancy,” says Trevor Doerksen, CEO of ePlay Digital. “Growth and innovation for esports, augmented reality, and ePlay’s Big Shot platform will go hand-in-hand where sports and entertainment converge.”
The events include the Immersive Technology in Sports & Entertainment Summit hosted by the Sports Innovation Network and the Verizon 5G Innovation Lab. This event is focused on emerging technologies, fan engagement, augmented reality, artificial intelligence, investment strategy, and commercial application and includes other industry leaders such as: Google, Microsoft, Seattle Seahawks, Fox Sports, Tennis Canada, Las Vegas Golden Knights, Ichi Go, and the Indiana Pacers.
Read More: Interview with Jeffrey Kofman, CEO and Founder at Trint
In addition, the CEO of ePlay, will be moderating a session that starts off the VRTL Media Summit in Los Angeles at Paramount Studios this week. VRTL Media Summit is a 250 person one-day event whose attendees consist of a curated group of entrepreneurs, investors, content studio execs, and entertainment press. Other speakers include media, technology, and esports leaders from Overwatch, Warner Bros., Paramount Pictures, Google, Facebook, UTA, Mannat Digital and Digital Media Wire.
Read More: The Top 5 “Recipes” That Give AI Projects a Higher Likelihood of Success
ePlay Announces Strategic Debt Settlements to Improve Balance Sheet Fundamentals
The Company also announced that it has reached an agreement to settle Mobovivo subsidiary balance sheet debt. The transaction cancels over $1.1 million in debt/royalty obligations on ePlay and its subsidiaries. The deal is expected to realize a potential net gain of approximately $266,000 on our Q4 i***** statement. The debt, with an approximate balance sheet carrying value of $570,000, is being settled for $200,000 of ePlay units of securities. 1,568,628 Units of securities priced at $0.1275 per Unit were issued with each Unit comprised of one restricted common share and one-half restricted share purchase warrant with each whole warrant exercisable at $0.15 per warrant share for a one year term from the date of issue. The shares and warrants have been issued with a four month and a day hold period and further voluntary restrictions from public or private resale with four equal quarterly releases of both shares and warrants starting on 31 March 2019 during the 2019 calendar year.
Read More: Fluor Uses IBM Watson to Deliver Predictive Analytics Capability for Megaprojects
e-Play continues to create a platform for growth for the Company and its products. Trevor Doerksen, CEO of ePlay Digital remarked, “creating a technology platform for growth is important to ePlay. At the same time, setting the table for the Company structurally, and strategically strengthening our financial position for growth and expansion is equally important. I’m thrilled we were able to reach an agreement at such an important moment with the debt holder accepting equity at a deep d******* to their carrying value – a testament to what they think of our future financial potential”.
Read More: The AI Gold Rush: How to Make Money off AI and Machine Learning!
The Company further settled debts of $117,410 with management and consultants for the issuance of an aggregate of 920,863 common shares at $0.1275 per share with 773,020 of these shares being issued to ePlay directors and officers. The Company also issued an aggregate of 1,211,823 share options at $0.1275 per share for a four year term to officers, directors, consultants, and employees of the Company. The options vest over a variety of dates over a three-year term; 466,399 of the share options have been issued to officers or directors of the Company.
Read More: Calabrio Delivers Powerful Enterprise Scalability and Management Capabilities
Copper scrap seller Copper bar recycling Metal scrap dismantling
Copper cable scrap collection, Metal reclaiming yard, Copper scrap reprocessing technologies
I do agree with all the concepts you have introduced for your post. They are very convincing and will definitely work. Still, the posts are too quick for newbies. May you please prolong them a bit from next time? Thank you for the post.
Thank you, I have recently been searching for information approximately this topic for ages and yours is the best I have found out so far. However, what concerning the conclusion? Are you positive about the source?
You’re so cool! I don’t suppose I have read anything like this before. So good to find someone with a few original thoughts on this subject. Really.. thanks for starting this up. This site is something that’s needed on the web, someone with some originality!
ГГУ имени Ф.Скорины
Oh my goodness! Amazing article dude! Thanks, However I am experiencing difficulties with your RSS. I don’t know why I can’t subscribe to it. Is there anyone else getting the same RSS problems? Anybody who knows the solution will you kindly respond? Thanx!!
Howdy! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be great if you could point me in the direction of a good platform.
I loved as much as you will receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get bought an edginess over that you wish be delivering the following. unwell unquestionably come further formerly again since exactly the same nearly a lot often inside case you shield this increase.
Do you mind if I q**** a couple of your posts as long as I provide credit and sources back to your webpage? My website is in the very same area of interest as yours and my visitors would truly benefit from a lot of the information you present here. Please let me know if this okay with you. Thanks a lot!
I’m not sure where you are getting your info, but good topic. I needs to spend some time learning more or understanding more. Thanks for great information I was looking for this information for my mission.
Having read this I thought it was extremely informative. I appreciate you finding the time and effort to put this information together. I once again find myself spending way too much time both reading and leaving comments. But so what, it was still worth it!
Hey There. I found your blog using msn. This is an extremely well written article. I will be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will definitely comeback.
Hi! I realize this is somewhat off-topic but I had to ask. Does running a well-established blog like yours take a lot of work? I’m completely new to writing a blog but I do write in my diary daily. I’d like to start a blog so I will be able to share my own experience and thoughts online. Please let me know if you have any ideas or tips for new aspiring bloggers. Appreciate it!
I wanted to thank you for this wonderful read!! I definitely enjoyed every little bit of it. I have you bookmarked to check out new stuff you post
Simply wish to say your article is as astonishing. The clearness in your post is simply cool and i can assume you are an expert on this subject. Well with your permission allow me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please continue the gratifying work.
1Хотите собственное дело с низкими инвестициями? Попробуйте автомойку самообслуживания под ключ – новый формат быстрой очистки автомобилей.
Heya i’m for the primary time here. I came across this board and I find It truly useful & it helped me out a lot. I hope to provide something back and help others like you helped me.
Howdy! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in exchanging links or maybe guest writing a blog article or vice-versa? My site goes over a lot of the same subjects as yours and I believe we could greatly benefit from each other. If you happen to be interested feel free to send me an e-mail. I look forward to hearing from you! Awesome blog by the way!
Thanks for one’s marvelous posting! I definitely enjoyed reading it, you may be a great author. I will ensure that I bookmark your blog and will eventually come back from now on. I want to encourage yourself to continue your great writing, have a nice day!