Calgary, dadAnd January 11 2022 /PRNewswire/ – HeadsUp Entertainment International Inc. (Pinksheets: HDUP.PK) today updates all shareholders and interested parties the state of the company and upcoming operating goals. As previously announced, HeadsUp is working to close a major acquisition in the gaming software segment that is expected to significantly increase the company’s value on its balance sheet and through revenue and new contracts as part of the deal. The company expects to close this month January 2022.
The acquisition is part of a major growth strategy that will leverage existing gaming operations on the global stage and be part of a corporate financing strategy to list the company on a higher-level stock exchange through a planned merger with a fully responsible company. The effect of this merger will allow Canadian shareholders to make their positions fully tradable and allow the company to initiate a series of product launches in multiple sectors. These new revenue streams will begin in the first quarter of 2022.
The commencement of operations is to include:
Acquisition of one of the world’s leading suppliers of digital lotteries and online games with a large number of concluded contracts
Chosen as a supplier, operator, and licensee for some of the world’s largest gaming markets. Full details to come.
Access licenses in key global gaming markets through a partnership with a major gaming technology operator in AfricaAnd several sub-Saharan countries as well as North and East African markets as well as South American opportunities. This agreement is in the final stages of negotiation
Completed the acquisition of a multi-million dollar asset which is a well known global legal concierge platform with a database of over 4 million users which HeadsUp plans to launch in several countries including the US in 2022
The launch of a joint venture with global marketing partner MH Universe, one of the world’s leading digital and traditional marketing agencies based in the UK which operates the NFT technology platform and operating system together with the previously announced agency Tokonomica. The major NFT launch is planned for the second and third quarter of 2022.
Launch and distribution of Safariflix, a global streaming and televised program with global charitable fundraising platform in partnership with MH Universe and Pure Wildlife Fund in South Africa. Oceanflix, a follow-up program will be launched and will start in mid-2022
Sports handicap media platform GameChangerz will continue to leverage multiple media platforms with multiple revenue streams from affiliate marketing to direct sales and advertising with expanded content designed to monetize traditional and non-traditional global sports.
HeadsUp President and CEO commented: “There are many opportunities unfolding simultaneously within the company’s business development plan, and while some are taking longer than anticipated, the wait will be well worth the investment of time, money and effort.” Doug Wilson. “We look forward to starting 2022 with a series of concrete shutdowns that we anticipate will dramatically increase the value of this global, digital, media and gaming company, and truly be a disruptor in monetizing a huge market.”
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global gaming operator and media company focusing on online gaming, online poker, esports, sports betting, online and mobile 50/50 lotteries, charitable fundraising platforms, software and blockchain-based payment solutions.
This press release contains “forward-looking statements” within the meaning of the US Securities Litigation Reform Act of 1995. When used in this release, words such as “estimate,” “anticipate,” “anticipate,” and “expect” are intended to be planned expressions and “Expected” and similar to identifying forward-looking statements, which, by their nature, are not guarantees of the future operating or financial performance of HeadsUp Entertainment International Inc. It is subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to risks and uncertainties, actual events could differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements because of new information, future events, or otherwise.
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SOURCE HeadsUp Entertainment International Inc.