Gambler replied the topic: Jackpot Digital TSXV:JP OTC:JPOTF http://www.jackpotdigital.com
Wow, the rights offering was fully subscribed raising over $1.8 million. I went for over allotment, hope I got it??
Vancouver, British Columbia (FSCwire) - Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH1) is pleased to announce that further to Jackpot's news release of May 17, 2018, the Company's rights offering (the "2018 Rights Offering") expired at 5:00 pm (Toronto time) on June 18, 2018. Pursuant to the 2018 Rights offering, each shareholder of record on May 24, 2018 received one right (a “Right”) for every three Jackpot common shares held. One Right permitted the holder to purchase one unit (a “Unit”) at a price of $0.15 per Unit. A total of 12,266,108 Rights were exercised. Each Unit will consist of one common share and one transferable share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.50 until January 20, 2022. The Warrants will have the same terms and conditions as the warrants that were issued by the Company pursuant to the Company’s previous rights offering, which completed on January 20, 2017. The 2018 Rights Offering will result in the issuance of 12,266,108 Units comprised of 12,266,108 common shares and Warrants to purchase up to an additional 12,266,108 common shares, for total gross proceeds of $1,839,916.20. The Company has applied to the TSX Venture Exchange (the "Exchange") to list the Warrants for trading on the Exchange.
Jackpot is working with its transfer agent to calculate the number of Units purchased under the basic subscription privilege and the additional subscription privilege in connection with the 2018 Rights Offering and will provide details, including the information required by National Instrument 45-106 Prospectus Exemptions, once available. The Company expects the 2018 Rights Offering to close effective as of June 21, 2018.
PerseusLtd replied the topic: Jackpot Digital TSXV:JP OTC:JPOTF http://www.jackpotdigital.com
JACKPOT COMPLETES SHARE AND WARRANT CONSOLIDATION
VANCOUVER, BRITISH COLUMBIA. April 18, 2018 – Jackpot Digital Inc. (the “Company” or
“Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH1).
Further to the Company’s News Release dated April 2, 2018, the Company is pleased to announce that TSX
Venture Exchange (“Exchange”) approval has been obtained in regards to the Company’s share capital
consolidation on the basis of 10 (old) common shares for 1 (new) common share. Effective at the opening
on Friday, April 20, 2018, the common shares of the Company will commence trading on the Exchange on
a consolidated basis under the trading symbol “JP”. As a result of the share consolidation, the Company’s
share capital shall be unlimited common shares with no par value of which the issued and outstanding
common shares shall be 36,798,174 after adjustments due to fractional rounding. The new CUSIP number
of the common shares will be 466391208.
In conjunction with the Company’s share capital consolidation, all of Jackpot’s outstanding warrants will
also be consolidated on the basis of 10-old warrants for 1-new warrant. Effective at the opening on Friday,
April 20, 2018, Jackpot’s listed warrants with an expiry date of January 20, 2022 will commence trading
on the Exchange on a consolidated basis under the trading symbol “JP.WT”. The new CUSIP number of
the warrants will be 466391133. The Company’s transfer agent is Computershare Investor Services Inc.
WealthyPlumber replied the topic: Jackpot Digital TSXV:JP OTC:JPOTF http://www.jackpotdigital.com
Vancouver, British Columbia (FSCwire) - Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP. WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH1). Jackpot is pleased to announce that the Company has submitted its Jackpot Blitz™ electronic table game (“ETG”) platform for license approval by the French Ministry of the Interior. This approval, which is not subject to customary GLI certification, will allow the Company to sell its Jackpot Blitz™ ETG platform to French gaming establishments in partnership with Mascot SFM (“Mascot”). The Company and Mascot will be notified in the coming weeks when the French Ministry of Interior will be conducting their inspection of the Jackpot Blitz ETG platform.
The Company was approved as a Licensed Manufacturer of Electronic Gaming Equipment by the French Ministry of the Interior on June 16, 2017.
The Company continues to pursue customary GLI certification for Jackpot Blitz™ and will provide an update in the near future.
Jackpot Blitz™ is the Company’s proprietary next generation gaming platform, offering an incomparable player experience to go with unrivalled operator efficiency, flexibility, and profitability. Jackpot Blitz™ is expected to enhance financial and operational security for casino operators and to increase ETG revenues for Jackpot and its clients.
Mr. Jake Kalpakian, Jackpot President and CEO, states "We are excited to move forward with this regulatory approval in order to close sales of Jackpot Blitz™ units to French gaming operators. As casino product approvals in France do not require GLI certification, we have a number of major French casino operators interested in installing Jackpot Blitz™ units in the near future. Along with our French Sales and Service Partner Mascot SFM, we are looking forward to capitalizing on the many new business opportunities this will open for us across France with this approval.”
Hoss replied the topic: Jackpot Digital TSXV:JP OTC:JPOTF http://www.jackpotdigital.com
I have bought a position and plan on more. I posted a ZON chart so thought would do one on JP.
The chart turned bearish in late January, but is now way over sold and should be bought here. The clouds show resistance at 0.494 and 0.525 so just put it at 5 to 5.25 cents. We should see it churn here between 4 and 5, so makes for a good time to accumulate positions.