New Risk • Dec 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (55% average weekly change). Negative equity (-CA$314k). Revenue is less than US$1m. Market cap is less than US$10m (CA$410.5k market cap, or US$309.8k). Anuncio • Oct 14
Fandifi Technology Corp. announced that it expects to receive CAD 0.5 million in funding Fandifi Technology Corp. announced a non-brokered private placement of up to 33,333,333 units at a price of CAD 0.015 per unit for the gross proceeds of up to CAD 500,000 on October 13, 2023. Each unit is comprised of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of CAD 0.05 within 24 months of the closing of the offering. In connection with the offering, the company may pay a finders' fee in accordance with the rules and policies of the CSE. The company may close the offering in one or more tranches. Completion of the offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals and including approval of the CSE. The transaction is expected to close on or before October 31, 2023. Anuncio • Aug 19
Fandifi Technology Corp., Annual General Meeting, Oct 18, 2023 Fandifi Technology Corp., Annual General Meeting, Oct 18, 2023. Anuncio • Dec 08
Fandifi Welcomes Ryan McCumber to Advisory Board Fandifi Technology Corp. announced that Mr. Ryan McCumber, CEO and Founder of SportsTech.ai, a consultancy and advisory firm focused on innovation driving the global sports and esports sector forward, is joining the Fandifi Advisory Board. Ryan is a global sports tech evangelist having previously led KPMG's Global Sports Tech practice. Ryan's expertise encompasses growth strategy, global business development, capital investments and board advisory. SportsTech.ai also delivers consultancy services for large clients (clubs, federations etc.) such as the Royal Belgian Football Association, and Strategic Planning for Esports for Saudi Arabia Telecom Play. Ryan also leads the Global Virtual Accelerator for Hype Sports which included many global teams, federations and broadcasters such as GS Warriors, LAFC, Toronto Blue Jays, NY Islanders, Miami Dolphins, PSG, Belgian National Team, Tennis Australia, River Plate, Bundesliga, French Football Federation, Sky TV, and FIBA. Ryan is also a founding partner in the Sport Innovation Alliance an alliance made up of 32 like-minded football clubs; one in each league (including Real Sociedad, Wolves, Chivas, Celtic and LAFC to name a few). Ryan is also the founder of FIST (Future Innovation SportsTech) a global conference series promoting innovation across both Esports and Traditional sports. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. Co-Founder & Independent Director Tristan Brett is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Nov 05
Fandifi Technology Corp. Announces Platform Launch Date of November 10 Fandifi Technology Corp. announced that sign- ups for Fandifi's Beta Launch have been completed and the Fandifi platform will go live on November 10, 2022. Fandifi has succeeded with its organic beta sign-up campaigns achieving results that exceeded expectations. The Company reached its target sign up number while spending only half of the budgeted amount. Using psychographic marketing techniques and simple contests to generate impressions and sign ups, Fandifi accomplished significant growth in followers across the spectrum of the Company's social platforms and sign-ups for the Fandifi platform itself. Targeting North American and European markets and players, the Company has been able to establish a baseline CPA (cost per acquisition) and is confident that moving forward meaningful efficiencies can be realized towards lowering CPA using lessons learned in the current campaigns and out-reach processes. Anuncio • Sep 30
Fandifi Technology Corp. Announces Beta Sign Ups Live for Fandifi Fandifi Technology Corp. announce that sign-ups for Fandifi's Beta launch have commenced along with an accompanying marketing campaign. Players of the Fandifi platform can sign up on the Company's sign up page at Fandifi.com. Fandifi recently commenced a multifaceted marketing campaign to build up player interest ahead of the Beta utilizing Discord, Steam, Instagram, Twitch & Youtube amongst other mediums. The Company will begin producing various forms of content and contests to reach a representative demographic base of social media users who are content creators, sports and esports fans. Anuncio • Aug 27
Fandifi Technology Corp., Annual General Meeting, Nov 03, 2022 Fandifi Technology Corp., Annual General Meeting, Nov 03, 2022. Anuncio • Jul 07
Fandifi Technology Corp. Appoints Renjun Bao as a Member of Advisory Board Fandifi Technology Corp. announced the appointment of Renjun Bao Ph.D as a member of the Fandifi Advisory Board. Mr. Bao is a renowned thought leader with extensive sports industry knowledge both in China and USA having worked with many major international leagues. Mr. Bao currently serves as the Director of Business Development and is a Senior Sports Reporter for Tencent Sports America where he is responsible for maintaining top-tier relations with major sports leagues for which Tencent has exclusive broadcast rights for the Chinese market. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Co-Founder & Independent Director Tristan Brett is the most experienced director on the board, commencing their role in 2015. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director DJ SKEE Keeney was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jun 23
Fandom Sports Commences Development of NFT Exchange for Esports and Sports Rewards FANDOM SPORTS Media Corp. announced that the company has commenced development of a Non-Fungible Token exchange that will be built into both the company's all ages and wagering Fan Engagement platforms. Fandom Sports has already minted its first Fancoin non-fungible token which will form the backbone of the company's fan rewards program. The company will be creating numerous unique NFTs to encourage and reward Esports and Sports fans for their use of the Fandom Sports platform. The company is also incorporating the NFT exchange into planned test marketing campaigns with industry partners and will issue regular updates relating to those efforts. Anuncio • Jun 18
Fandom Sports Media Corp. Enables Odds-Line Wagering Across the Entire Fandom Sports Ecosystem Fandom Sports Media Corp. enabled odds-line wagering across the entire Fandom Sports ecosystem. Game titles include: League of Legends, Dota 2, Counterstrike:GO, Valorant, FIFA, Overwatch, Call of Duty, Rocket League, Rainbow Six, StarCraft BroodWar, King of Glory, Warcraft 3, StarCraft 2, and World of War Craft across the entire Fandoms Sports ecosystem. On June 3, the Company announced the deployment of eleven additional game titles for dynamic predictions on top of the original launch of League of Legends, Counterstrike:GO and Dota 2 from First Quarter 2021.These deployments were based on Fandom's machine learning enabled neural network's derived predictions and wagers for Peer-to-Peer (P2P) interactions. Odds line wagering will facilitate a more robust consumer offering as Esports wagerers will be able to place bets against odds lines to further interact with their favourite Esports team and streams regardless of P2P availability. Anuncio • Apr 11
Fandom Sports Media Corp. announced that it has received CAD 5.067688 million in funding On April 9, 2021, Fandom Sports Media Corp. (CNSX:FDM) closed the transaction. The company issued 3,082,867 units for gross proceeds of CAD 739,888 in its final tranche. The company received 21,115,365 units for total gross proceeds of CAD 5,067,688 in the transaction. The company paid finders fee's of CAD 31,609.20 in cash and 131,705 warrants to Gravitas Securities Inc, and 925,432 common shares and 1,850,864 warrants to BT Global Growth Inc. The warrants are expired on on or before April 7, 2023. The securities issued in second tranche may not be transferred until August 8, 2021. Anuncio • Mar 31
Fandom Sports Media Corp. announced that it expects to receive CAD 5 million in funding Fandom Sports Media Corp. (CNSX:FDM) announced a non-brokered private placement of up to 20,833,333 units at a price of CAD 0.24 per unit for gross proceeds of CAD 5,000,000 on March 29, 2021. Each unit consists of one common share and one half of one common share purchase warrant. The transaction included participation from existing shareholders and strategic investors. Each warrant entitles the holder to acquire one common share at an exercise price of CAD 0.36 per share within 24 months from closing. All the securities will subject to a hold period of four months. The transaction is expected to close on march 31, 2021. The company may pay finders fees in accordance with the rules and policies of the Canadian stock exchange. The transaction may be completed in one or more tranches. Is New 90 Day High Low • Mar 03
New 90-day high: CA$0.31 The company is up 265% from its price of CA$0.085 on 02 December 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 83% over the same period. Anuncio • Feb 26
Fandom Sports Media Corp. Announces Marketing Program with Yalla Esports Fandom Sports Media Corp. announced that it has entered into an agreement with Yalla Esports for marketing services for the promotion of the Company's launch of its Esports fan prediction platform for fan engagement. Anuncio • Feb 03
Fandom Sports Media Corp. Signs UK Cross Licensing Agreement with Gamerwager Ltd Fandom Sports Media Corp. announce that it has entered into a letter of intent for an affiliate partnership for the Company's regulated wagering platform. Fandom's peer-to-peer wagering platform is being built upon proprietary data feeds from leading Esports game publishers. Fandom has signed a Letter of Intent ("LOI") with Gamerwager Ltd. Under the proposed terms of the affiliate agreement, Fandom and Gamerwager will offer each other services under the umbrellas of their respective licensing regimes. Fandom will promote the Gamerwager platform under its Curacao Internet Gaming License and Gamerwager will offer the Fandom platform under its UK Gambling License. Fandom and Gamerwager are consulting towards implementation of go to market and technical integration strategies. Fandom will issue updates on the rollout of integrations of both products. Anuncio • Jan 15
Fandom Announces Letter of Intent with Funjoy Ltd Fandom Sports Media Corp. announced that it has entered into a Letter of Intent ("LOI") with Funjoy Company Limited of China ("Funjoy"), together, for several initiatives related to Fandom's Unified Information Access Platform ("UIA") technology for predictions for Esports games, events and streaming platforms. Funjoy is a joint venture between several prominent industry firms comprised of leading businesses of livestreaming platforms of internet games, top-notch Esports competition operational platforms, Esports player/webcaster brokerage, Esports content production, Esports news media, as well as gaming and Esports education. Funjoy boasts state-of-the-art livestreaming technology and operational capability, the capability to organize large-scale Esports competitions, a mature entertainer brokerage and operation ecosystem, a vast experience in the game industry, and a technology reserve for VR Esports. Is New 90 Day High Low • Jan 09
New 90-day high: CA$0.27 The company is up 238% from its price of CA$0.08 on 09 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 80% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: CA$0.23 The company is up 59% from its price of CA$0.14 on 17 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Interactive Media and Services industry, which is up 80% over the same period. Anuncio • Nov 20
Fandom Sports Media Corp. Signs A Letter of Intent with Elite Duels Corp. in Respect of an Affiliate Partnership Agreement Fandom Sports Media Corp. announced that it has entered into a letter of intent for its first affiliate partnership for its regulated wagering platform. Fandom's peer-to-peer wagering platform is being built upon proprietary data feeds from leading Esports game publishers. Fandom has signed a letter of intent with Elite Duels Corp., in respect of an affiliate partnership agreement. Under the proposed terms of the affiliate agreement, Fandom will be launching a white-labeled fantasy Esports platform. Concurrently Fandom will be providing the peer-to-peer wagering services under an affiliate marketing plan to the operators of the fantasy Esports platform under a revenue sharing agreement upon the platform launch. Fandom and Elite are consulting towards implementation of a go to market and technical integration strategies and the Company expects to issue updates on the rollout of integrations of both products. All current players on the Elite Duels database will have early access to the Fandom wagering platform. Anuncio • Nov 17
Fandom Sports Media Corp., Annual General Meeting, Dec 08, 2020 Fandom Sports Media Corp., Annual General Meeting, Dec 08, 2020, at 11:00 Pacific Standard Time. Location: #830 1100 Melville Street Vanocuver British Columbia Canada Agenda: To receive and consider the audited financial statements of the company for the fiscal year ended January 31, 2020, and the auditor's report thereon; to elect directors for the upcoming year; to appoint Dale, Matheson, Carr-Hilton, Labonte LLP, as the company's auditor for the upcoming year and to authorize the directors to fix their remuneration; and to transact such other business as may properly come before the meeting. Anuncio • Oct 06
Fandom Develops Simultaneous Multi-Stream Prediction and Wagering Capabilities for Esports Fandom Sports Media Corp. reported that the Company has commenced requested upgrades to the Fandom Esports Platform (the "Platform") based on feedback from potential partners and super users garnered during the private Beta launch. Certain purpose-built features and functionalities which are being integrated to the Platform include but are not limited to: Platform-wide multi-stream viewing capabilities that facilitate multiple game streams to be viewed in a floating Picture-in-Picture format whilst maintaining in stream predictions and wagering. Verified logins from major international social and messaging platforms. Preferred Esports streaming platform selection. User generated predictions for both all ages predictions and regulated iGaming wagering. Global and direct challenges on all predictions and wagers. Curated news and action feeds. Development of Game Publisher and Tournament direct Application Program Interfaces ("API"). Custom data analytics and administration portals. Partnership discussions are on-going and the Company will be providing regular updates on feature rollouts which will assist in defining business terms for localized launches of the Platform. The Company is currently advancing corporate structures and governance to support the forth coming iGaming wagering launch built upon the Fandom Sports user interfaces.