Board Change • Apr 28
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (4 non-independent directors). Member of Advisory Board Kenny Huang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Apr 17
Playground Ventures Inc. announced that it has received CAD 0.031075 million in funding Playground Ventures Inc. announced that it has issued a secured promissory note for gross proceeds of CAD 31,075 on April 16, 2026. The transaction include participation from a non-arm's length lender of the company. The note will mature on April 9, 2027 and is secured against all of the assets of the company. The note bears an interest of 8% per annum payable with any outstanding principal at the end of the term. The note was approved by the members of the board of directors of the company. Ankündigung • Mar 25
Playground Ventures Inc. Announces Board Changes Playground Ventures Inc. announced that Mr. Damien Reynolds has been appointed as a director of the Company, effective March 24, 2026. Mr. Reynolds is a Canadian entrepreneur with multiple decades of experience in the small public capital markets. While his primary focus has been mineral exploration globally, he is also involved in many tech startups and investments. In addition, the Company announced the resignation of Mr. Harrison Reynolds as a director of the Company. Management and the board of directors would like to thank Mr. Reynolds for his contributions to the Company and wishes him well in his future endeavours. Board Change • Feb 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • May 08
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$74k free cash flow). Shares are highly illiquid. Negative equity (-CA$349k). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.11m market cap, or US$1.52m). Board Change • Apr 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Jul 18
Playground Ventures Inc. announced that it expects to receive CAD 0.25 million in funding Playground Ventures Inc. announced a non-brokered private placement financing of 5,000,000 common shares at a price of CAD 0.05 per Common Share for gross proceeds CAD 250,000 on July 18, 2024. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. New Risk • May 31
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$193k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Negative equity (-CA$415k). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.96m market cap, or US$2.17m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$193k sold). New Risk • May 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Negative equity (-CA$389k). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.11m market cap, or US$1.53m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.2% increase in shares outstanding). New Risk • Apr 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$330k). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.53m market cap, or US$1.83m). Minor Risk Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Ankündigung • Apr 12
Playground Ventures Inc. announced that it expects to receive CAD 0.1 million in funding Playground Ventures Inc. announced that it has issued secured promissory grid notes to certain lenders of the company for gross proceeds up to CAD 100,000 on April 11, 2024. The Loan has a term of April 30, 2024 and is secured against all of the assets of the company. The company may draw on the available proceeds of the notes from time to time during the Term, and the amounts outstanding under the notes bear interest of 8% per annum payable with any outstanding principal at the end of the term, and the interest increases to 15% per annum upon an event of default. The Loan was approved by the members of the board of directors of the company. Board Change • Apr 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Sep 05
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$95k free cash flow). Shares are highly illiquid. Negative equity (-CA$280k). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.60m market cap, or US$1.18m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Board Change • Aug 11
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Feb 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Aug 27
Playground Ventures Inc. Announces Chief Financial Officer Changes Playground Ventures Inc. announced that further to its press release of June 17, 2022, due to unforeseen circumstances, Ms. Kaylee Whitcroft is unable to continue her tenure as the Chief Financial Officer of the Company. Mr. Whitcroft will continue as the Company's Operations Accounting Manager. The board of directors have approved the appointment of Mr. Jon Gill as the Company's Interim Chief Financial Officer. Board Change • Jun 28
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Jun 18
Playground Ventures Inc. Appoints Nidhi Kumra as Chief Financial Officer Playground Ventures Inc. announces that Nidhi Kumra has resigned as the Company's Chief Financial Officer, effectively May 31, 2022. The Company announced that Kaylee Whitcroft, the Company's Operations Accounting Manager, has been appointed the Chief Financial Officer of the Company. Kaylee Whitcroft, Chief Financial Officer - Ms. Whitcroft most recently served as the Controller and Senior Manager of Acquisitions at an international company, where she managed a finance team in a division that had grown over 100% in one year through significant acquisition activity. She started her career at Deloitte LLP where she became a manager in the audit practice, working with multiple technology companies. Ms. Whitcroft has a Bachelor of Management and Organization Studies with an honour's specialization in accounting with distinction from Western University. She received her CA, CPA designation in 2017. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 8 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Advisory Board Roman Krashanitsa is the most experienced director on the board, commencing their role in 2018. Independent Director Harrison Reynolds was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Jun 11
Playground Ventures Inc. (CNSX:PLAY) agreed to acquire 40% stake in MotionPix Game Studio Inc. Playground Ventures Inc. (CNSX:PLAY) agreed to acquire 40% stake in MotionPix Game Studio Inc on June 10, 2021. Ankündigung • Jun 04
Playground Ventures Inc. (CNSX:PLAY) entered in an agreement to acquire 1281750 B.C. Ltd. for CAD 2.6 million. Playground Ventures Inc. (CNSX:PLAY) entered in an agreement to acquire 1281750 B.C. Ltd. for CAD 2.6 million on May 31, 2021. Pursuant to the Share Purchase Agreement, the Company will acquire all of the issued and outstanding
common shares of BCCo in consideration of: (i) issuing to the Vendors an aggregate of 6 million common shares in the capital of the Company (the “Consideration Shares”) at a deemed price of CAD 0.2625 per share; and (ii) issuing a promissory note in the amount of CAD 0.5 million to 1279059 BC Ltd. (the “Prom Note”). The Consideration Shares are subject to the following vesting provisions: as to 1/7 immediately upon closing of the Transaction (the “Closing Date”) with 1/7 additional Consideration Shares being released from escrow every six months following the Closing Date. The Acquisition is subject to receipt of all necessary regulatory approvals. Ankündigung • Apr 30
Blocplay Entertainment Inc. (CNSX:PLAY) entered into binding letter of intent to acquire 40% stake in Mobile Game Project of Ludare Games Group Inc. for CAD 0.63 million. Blocplay Entertainment Inc. (CNSX:PLAY) entered into binding letter of intent to acquire 40% stake in Mobile Game Project of Ludare Games Group Inc. for CAD 0.63 million on April 12, 2021. As consideration for the Acquisition, Blocplay will issue 1,670,000 common shares in the capital of the Company to Ludare Games and make an investment in the amount of CAD 300,000 into the project. The transaction is subject to closing conditions. Once the due diligence completed, Closing of the Acquisition is set to close on or about May 31, 2021. Ankündigung • Mar 10
Blocplay Entertainment Inc. announced that it has received CAD 0.563949 million in funding Blocplay Entertainment Inc. (CNSX:PLAY) announced a non-brokered private placement of 3,759,658 units at a price of CAD 0.15 per unit for gross proceeds of CAD 563,948 ON March 8, 2021. Each unit is comprised of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at a price of CAD 0.20 per common Share for a period of three years from the date of issuance. The common shares shall be subject to contractual resale restrictions providing that the Common Shares may only be sold, transferred, optioned, encumbered, pledged or hypothecated in any way, except as follows as to 25% on the date which is four months from the date of issuance; as to 25% on the date which is eight months from the date of issuance, as to 25% on the date which is twelve months from the date of issuance; and as to 25% on the date which is sixteen months from the date of issuance. The securities issued upon closing of the transaction are subject to a hold period until July 6, 2021, pursuant to applicable securities laws. Is New 90 Day High Low • Feb 17
New 90-day high: CA$0.31 The company is up 182% from its price of CA$0.11 on 18 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 206% over the same period. Is New 90 Day High Low • Jan 26
New 90-day high: CA$0.24 The company is up 96% from its price of CA$0.13 on 27 October 2020. The Canadian market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 144% over the same period. Ankündigung • Jan 22
Blocplay Entertainment Inc. announced that it has received CAD 0.326559 million in funding On January 20, 2021, Blocplay Entertainment Inc. (CNSX:PLAY) closed the transaction. The company announced that it has issued 2,141,450 shares for gross proceeds of CAD 235,559.50 in its second and final tranche. The company has received CAD 326,559.42 in the transaction. Is New 90 Day High Low • Jan 22
New 90-day high: CA$0.21 The company is up 30% from its price of CA$0.17 on 23 October 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 130% over the same period. Is New 90 Day High Low • Jan 09
New 90-day high: CA$0.21 The company is up 68% from its price of CA$0.13 on 08 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 82% over the same period. Ankündigung • Dec 19
Blocplay Entertainment Inc. (CNSX:PLAY) completed the acquisition of 1279078 B.C. Ltd from the shareholders of 1279078 B.C. Ltd. Blocplay Entertainment Inc. (CNSX:PLAY) entered into a share purchase agreement to acquire 1279078 B.C. Ltd from the shareholders of 1279078 B.C. Ltd on December 16, 2020. The consideration includes 5 million common shares in the capital of Blocplay Entertainment and 5 million common share purchase warrants. Each Warrant shall entitle the holder thereof to acquire on common share in the capital of Blocplay Entertainment at a price of $0.15 per common share for a period of five years from the date of issuance. The acquisition is subject to receipt of all necessary regulatory approvals.
Blocplay Entertainment Inc. (CNSX:PLAY) completed the acquisition of 1279078 B.C. Ltd from the shareholders of 1279078 B.C. Ltd on December 17, 2020. Ankündigung • Dec 18
Blocplay Entertainment Inc. (CNSX:PLAY) entered into a share purchase agreement to acquire 1279078 B.C. Ltd from the shareholders of 1279078 B.C. Ltd. Blocplay Entertainment Inc. (CNSX:PLAY) entered into a share purchase agreement to acquire 1279078 B.C. Ltd from the shareholders of 1279078 B.C. Ltd on December 16, 2020. The consideration includes 5 million common shares in the capital of Blocplay Entertainment and 5 million common share purchase warrants. Each Warrant shall entitle the holder thereof to acquire on common share in the capital of Blocplay Entertainment at a price of $0.15 per common share for a period of five years from the date of issuance. The acquisition is subject to receipt of all necessary regulatory approvals. Ankündigung • Nov 04
Blocplay Entertainment Inc. announced that it expects to receive CAD 1 million in funding from Australian Consolidated Venture Capital Pty Ltd Blocplay Entertainment Inc. (CNSX:PLAY) announced a non-brokered private placement of 10,000,000 shares at a price of CAD 0.10 per share for gross proceeds of CAD 1,000,000 on November 2, 2020.
On the same date, the company has received its first tranche of CAD 300,000 by issuing 3,000,000 shares to returning investor Australian Consolidated Venture Capital Pty Ltd. The securities issued upon closing of the offering are subject to a hold period until March 3, 2021. Post the closing, Australian Consolidated Venture Capital Pty Ltd will own 3,900,000 shares of the company for 29.31% stake. Ankündigung • Nov 03
Blocplay Entertainment Inc. Announces Board Changes Blocplay Entertainment Inc. announced that Mr. Jordan Manzer has resigned as a director of the company. The company also announced that it has appointed Mr. Harrison Reynolds as a director of the Company to fill the vacancy created by Mr. Manzer's resignation. Harrison Reynolds is an actor, screenwriter and entrepreneur in the tech and entertainment sectors. He has been a founding member of multiple venture backed startups in the film and mobile gaming industries. He was the driving force behind their concept development, corporate strategy and the raising of private equity. With a diverse body of experience, Harrison is well suited for ventures that blend the creative and corporate worlds. 