Business
Oceanside Proposes Change of Business, Name Change, Acquisition of Two Gaming Companies and Financing
TSX VENTURE: OCC VANCOUVER , Sept. 19, 2014 /CNW/ - Oceanside Capital Corp. (the "Compa...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"\n\nTSX VENTURE: OCC\n\n\n\nVANCOUVER, Sept. 19, 2014 /CNW/ - Oceanside Capital Corp. (the \"Company\" or \"Oceanside\") (TSX VENTURE: OCC) is pleased to announce that it has entered into two separate non-binding letter agreements with Guru Fantasy Reports, Inc. (\"Guru\") and Pick Nation, Inc. and Stevo Design, Inc. (\"Picknation\").  The Company proposes to complete a change of business transaction, name change and financing commensurate with its business plan subject to shareholder and all regulatory approvals and will enter into separate definitive agreements to acquire each of Guru and Picknation. Pursuant to the financing, the Company will issue up to 10 million common shares at a price of $1 per common share to raise gross proceeds of up to $10,000,000.  \n\nGuru and Picknation are established multimedia based sports information services providers focused on delivering innovative strategies, predictions and player projections to a subscribed user base.  Both companies are led by some of North America's most influential sports Internet, TV and radio personalities who share their years of experience via web, mobile, TV and radio appearances to thousands of sports enthusiasts.    \n\nGuru Fantasy Reports, Inc. \n\nFantasyGuru.com, launched in 1995, is a subscription-based fantasy football website. The company, which originated as a newsletter published by owner and CEO John Hansen, entered its 20th year in business in 2014. Specializing in the National Football League, the site provides projections, statistical analysis, player rankings, and other tools for subscribers. John Hansen and the site's staff also produce regular podcasts and are very active in social media. \n\nJohn Hansen began appearing on a sports cable TV show in New Jersey under the name \"The Fantasy Guru\" in 1994 and quickly gained a reputation for his predictions and evaluations. Hansen's first foray in the fantasy sports media business was a position at ESPN.com, where he was the first fantasy football columnist for the popular Web site. Starting in 1996 he was a columnist for ESPN.com for seven years, ending in 2003, but not before being the first individual to contribute to ESPN's fantasy football coverage online, on ESPN Radio, and on TV. Starting in 2003, Hansen began working with Yahoo! Sports, where his work can still ...