Who is actually paying for the US$500k of prizes? another thing that seems clear as mud...
The investor presentation said that TIM was paying for the prizes.
But the ASX Q&A seems to imply that EM1 is paying for the $500k of prizes.
Where did EM1 actually announce that change, or didnt they? or did ASX make an assumption?
The announcement released to market on 10 Sept was another ASX Q&A...but didnt look like EM1 said they were paying for the prizes
EMERGE GAMING LIMITED (ASX:EM1) - Ann: Response to ASX Query, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
IMO either EM1 or ASX has make a boo-boo....but actually not sure which one!
On EM1 previous financials, i would think that $250+$250k USD would be a material amount!
as i said....CLEAR AS MUD!!
Ann: Emerge Gaming Investor Presentation, page-62
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