NIA loves Breaking Data Corp (TSXV: BKD) here at $2.75 per share – it has just resumed trading for the first time in four months after officially closing on the acquisition of GiveMeSport the world’s #1 most popular sports publisher on social media with 26,030,324 Facebook likes vs. ESPN’s 16,505,616 likes. GiveMeSport’s content generates over 3.6 billion impressions per month, reaching over 138 million unique users per month on Facebook alone.
According to Alexa, GiveMeSport.com is now the #528 most popular site in the world. In the UK, GiveMeSport is the #33 most popular site – ranked just behind #32 Amazon.
This morning, BKD announced that GiveMeSport has signed a massive global programmatic advertising deal with the NBA. Currently, BKD has 27.464 million shares outstanding. At its current price of $2.75 per share with a market cap of $75.53 million – we believe BKD is a steal. NIA’s President is an expert on this industry after selling his EliteDaily.com for $50 million and believes GiveMeSport deserves a valuation of approximately $150-$200 million.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by a third-party $40,000 cash for a two-month BKD investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.