Business
HeadsUp Entertainment International Outlines Corporate Strategy
HeadsUp Entertainment International Outlines Corporate Strategy.
About this update from Headsup Entertainment International, Inc.
[{"type":"text","content":"\n\n\n\nHeadsUp Entertainment International Outlines Corporate Strategy\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nHeadsUp Entertainment International Outlines Corporate Strategy\nCanada NewsWire\nCALGARY, AB, May 3, 2022\n\n\n\nCALGARY, AB, May 3, 2022 /CNW/ - HeadsUp Entertainment International Inc. (OTCPINK: HDUP) is pleased to outline its corporate strategy on a series of acquisitions, mergers and strategic partnerships, all part of a reverse triangle merger proposal to close multiple transactions and execute the plans as previously outlined in the January 11th, 2022 Press Release.\nThe Company is in various stages of negotiations and closings of 8 independent transactions for the consolidation and merger into a surviving entity branded as HeadsUp Global Inc. which is set to apply for listing on NASDAQ based on asset values and revenues meeting exchange listing requirements.  In order to clarify the previous press release statements made by the Company, HeadsUp Entertainment International and its public shareholders are planning to be merged into the new vehicle through the filing of a Registration Statement to meet all disclosure requirements and work with the various regulatory agencies to meet their conditions.\nThe planned series of mergers and acquisitions that have been implemented by the management team is designed to minimize dilution and maximize shareholder value as multiple closings take place.  Disclosure and updates on all transactions will now begin to take place and a clear picture of the scope of the new business model will be clear and substantial.\nEach of these agreements have been brought to HeadsUp by Chief Business Development Officer, Mark Hutchinson, whose experience and resume as an icon in the global gaming and lottery sectors is legendary.  \"We are building the gaming, lottery and digital company of the future\" commented Hutchison.  \"The network of relationships, opportunities and emerging markets are greater than anything I have seen in the business, and I am proud to bring such value to this organization.\"\nEa...