VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 27, 2008) - Big Stick Media Corporation (TSX VENTURE:BSM - News; "BSM" or the "Company") is pleased to announce that it has entered into an Agreement to purchase all of the issued and outstanding shares of Corcom, Inc. ("Corcom"), a Nevada-based corporation, which operates the Don Best Sports information service business (the "Corcom Transaction"). BSM is now seeking the approval of the TSX Venture Exchange (the "Exchange") for the Corcom Transaction. Receipt of such approval is one of the conditions to closing the Corcom Transaction. The transaction is expected to close on or prior to April 23, 2008 (the "Closing Date"- http://biz.yahoo.com/ccn/080327/2008...4001.html?.v=1<!-- / message -->
Linetracker buy out Don Best
- Thread starter mvan136
- Start date
Journeyman
EOG Master
Re: Linetracker buy out Don Best
They need new managment.
They need new managment.
Johnny Detroit
EOG Senior Member
Re: Linetracker buy out Don Best
Word is they over paid. Guess Feist and them will just have to up the price on the GOYs for the weekend.
Word is they over paid. Guess Feist and them will just have to up the price on the GOYs for the weekend.
The Prophet
EOG Dedicated
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
Big Stick Media Announces Proposed Acquisition of Don Best Sports
Of the aggregate Purchase Price, USD $12,650,000 is due to be paid on the Closing Date with USD $8,150,000 payable in cash and USD $4,500,000 payable via the issuance from the treasury of BSM of either common shares (each share having an anticipated deemed price of USD $0.20) or an equivalent number of consideration warrants which can be converted into an equivalent number of common shares. With respect to the deferred portion of the Purchase Price not payable on the Closing Date (USD $4,090,000), USD $2,045,000 is due and payable in cash on the six month anniversary of the Closing Date and USD $2,045,000 is due and payable in cash on the twelve month anniversary of the Closing Date. BSM anticipates that it will be able to make these payments directly out of its operating cash flow.
Big Stick Media Announces Proposed Acquisition of Don Best Sports
Of the aggregate Purchase Price, USD $12,650,000 is due to be paid on the Closing Date with USD $8,150,000 payable in cash and USD $4,500,000 payable via the issuance from the treasury of BSM of either common shares (each share having an anticipated deemed price of USD $0.20) or an equivalent number of consideration warrants which can be converted into an equivalent number of common shares. With respect to the deferred portion of the Purchase Price not payable on the Closing Date (USD $4,090,000), USD $2,045,000 is due and payable in cash on the six month anniversary of the Closing Date and USD $2,045,000 is due and payable in cash on the twelve month anniversary of the Closing Date. BSM anticipates that it will be able to make these payments directly out of its operating cash flow.
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
I wonder which brand name is staying, Linetracker or Don Best?
I wonder which brand name is staying, Linetracker or Don Best?
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
It'll be interesting to see which platform stays. I'm assuming it's going to be Don Best's platform. The only thing Linetracker had going for it were the books - CRIS, Greek, and Grande. 15 million dollars later you're looking at the same exact company/product as before CRIS, Greek, and Grande left Don Best last summer.
It'll be interesting to see which platform stays. I'm assuming it's going to be Don Best's platform. The only thing Linetracker had going for it were the books - CRIS, Greek, and Grande. 15 million dollars later you're looking at the same exact company/product as before CRIS, Greek, and Grande left Don Best last summer.
Journeyman
EOG Master
Re: Linetracker buy out Don Best
There is no way they just give up the DB name, no way. Getting the big books back was huge, now they just need better updates and faster injury reports ....the rest of the competition probably won't be happy to see this.
There is no way they just give up the DB name, no way. Getting the big books back was huge, now they just need better updates and faster injury reports ....the rest of the competition probably won't be happy to see this.
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
I am the competition! I'm not that worried about it. I think it's going to be the same company as before Don Best lost CRIS. The only difference now is they are owned by LineTracker. Do they stick with Don Best's price of $600/month or LineTracker's...which I think is $400/month?
I am the competition! I'm not that worried about it. I think it's going to be the same company as before Don Best lost CRIS. The only difference now is they are owned by LineTracker. Do they stick with Don Best's price of $600/month or LineTracker's...which I think is $400/month?
Journeyman
EOG Master
Re: Linetracker buy out Don Best
Who are you?
Interesting to see new signups posting in this thread....really new or just new names?
:+clueless
Who are you?
Interesting to see new signups posting in this thread....really new or just new names?
:+clueless
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
I work at Sports Insights. Yes, this is my first time posting here. I was interested in seeing the reaction to the Line Tracker / Don Best merger. Send me an email at Sports Insights. I'll let you check it out for yourself.
I work at Sports Insights. Yes, this is my first time posting here. I was interested in seeing the reaction to the Line Tracker / Don Best merger. Send me an email at Sports Insights. I'll let you check it out for yourself.
The General
Another Day, Another Dollar
Re: Linetracker buy out Don Best
WELCOME FAB4
WELCOME FAB4
battered balls
EOG Member
Re: Linetracker buy out Don Best
Fab4, does Sports Insights have email alerts for specific lines or injuries?
Fab4, does Sports Insights have email alerts for specific lines or injuries?
SportsInsights
EOG Member
Re: Linetracker buy out Don Best
Yes
Yes
Re: Linetracker buy out Don Best
I heard Don Best software is 100 times better than Line Tracker
How about the software??
I heard Don Best software is 100 times better than Line Tracker