Ab1. Didnt they sell off one of the main money maker games to...

  1. Archieus
    1,076 Posts.
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    30/04/19
    13:59
    Post #: 38328327
    Ab1. Didnt they sell off one of the main money maker games to pay off a substantial debt last year which caused them to nose dive?

    i got burnt pretty bad from that. Dont understand they didnt just restructure thier out-standing debt in order to mainly a positive cashflow.

    they sold thier top game for 8mil i think. Then proceeded to do a cap raise soon after.

    my info could be wrong (it was a year ago) DYOR.

    But i'd be careful. If thier new games flop expect a cap raise soon after.

    so youve been warned!!

    AB1
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