0001654954-18-004751.txt : 20180504 0001654954-18-004751.hdr.sgml : 20180504 20180504104259 ACCESSION NUMBER: 0001654954-18-004751 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180504 FILED AS OF DATE: 20180504 DATE AS OF CHANGE: 20180504 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mission NewEnergy Ltd CENTRAL INDEX KEY: 0001463471 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 000000000 STATE OF INCORPORATION: C3 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35022 FILM NUMBER: 18806513 BUSINESS ADDRESS: STREET 1: UNIT B9, 431 ROBERTS RD CITY: SUBIACO STATE: C3 ZIP: 6018 BUSINESS PHONE: 618 94439512 MAIL ADDRESS: STREET 1: UNIT B9, 431 ROBERTS RD CITY: SUBIACO STATE: C3 ZIP: 6018 6-K 1 mnel_6k.htm PRIMARY DOCUMENT Blueprint
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of May 2018
 
Commission File Number: 001-35022
 
Mission NewEnergy Limited
(Translation of registrant’s name into English)
 
Unit B9, 431 Roberts Rd
Subiaco, Western Australia 6008
Australia
(Address of principal executive office)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F     √      Form 40-F          
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):          
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):          
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes            No     √     
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
 
 

 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
Mission NewEnergy Limited
 
 
 
 
 
 
 
 
By: /s/ Guy Burnett
 
 
Name: Guy Burnett
 
 
Title: Chief Financial Officer and Company Secretary
 
 
 
 
 
Date: May 4, 2018
 
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit Number
Description
 
 
99.1
PlayUp Acquires innovative social betting platform - betting.club
 
 
 EX-99.1 2 mnel_ex99-1.htm ADDITIONAL EXHIBITS Blueprint
 
 
 
 
 
 
THIS ANNOUNCEMENT HAS NOT BEEN APPROVED BY THE AUSTRALIAN SECURITIES EXCHANGE (“ASX”) FOR RELEASE ON THE ASX PLATFORM AS THE ASX HAS EXPRESSED CONCERN TO MBT IN RELATION TO THE PROPOSED TRANSACTION AND THE SUITABILITY OF THE COMPANY TO BE LISTED ON THE ASX POST-COMPLETION OF THE TRANSACTION
 
THE ASX THEREFORE TAKES NO RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT
 
 
***
 
As announced on 9 April 2018, PlayUp has agreed to merge with Mission NewEnergy Limited (ASX:MBT, OTCMKTS:MNELF), subject to the approval of the ASX and NASDAQ and regulatory approval requirement, upon the completion of the merger it is anticipated that the company's securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX.  Please refer to the announcement released on 9 April 2018 which gives further details on the acquisition of Playup Limited by Mission NewEnergy Ltd.
 
PlayUp has made public the following announcement of a material development:
 
 
PlayUp Acquires innovative social betting platform - betting.club
 
●
Further acquisition and growth for PlayUp Limited
●
Provides greater distribution for the PlayChip among high volume wagering platform
●
Represents a first step towards in venue
●
First step towards in venue use of PlayChip for wagering payments and rewards
 
04 May 2018 – PlayUp Limited (PlayUp) has acquired online wagering operator betting.club, as part of its continued growth strategy. betting.club was acquired from its owners which comprised three of Sydney’s leading club organisations – the iconic Mounties Group, Campsie RSL and Club Rivers.
 
betting.club offers punters the chance to bet and be social in the one platform. The betting.club social betting platform allows players to rate and share form, share tips and bets, was well as share wins with mates and fellow punters.
 
Daniel Simic, PlayUp CEO commented: “betting.club has been on our radar for sometime as they have built a truly social wagering platform used by a high volume of punters as well as developed an innovative app and online presence. We’re committed to enhancing the social and community focus of the platform as well as integrate the PlayChip as an optional wagering payments and rewards offering.”
 
Kelly Signell, CEO, betting.club said: “PlayUp has significant momentum and importantly has demonstrated to us their ability to grow and engage online communities which is fundamental aspect of betting.club. We’re pleased to see betting.club now join the PlayUp ecosystem and our clients will no doubt benefit from the opportunity to use the PlayChip Utility Token in both the online platforms and potentially in some of the largest club venues in Australia.”
 
PlayUp Limited Background:
PlayUp Limited is a technology developer as well as a fully operational Fantasy Sports, Sports Betting and Online Gaming Platform. PlayUp Limited operates PlayUp.com, ClassicBet and DraftStars within its gaming and wagering ecosystem. PlayUp Limited will deliver the world’s first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.
 
PlayUp.com currently has more than 400,000 registered users and is represented by global sporting icons such as Brett Lee, who has amassed a social network of over 4 million sports fans. PlayUp.com offers Daily fantasy challenges which are free to play and easy to enter. Users simply create their fantasy team by selecting a line-up of real world players and the platform operates in real-time. As users move up the leader board they can win PlayChips and purchase prizes from the PlayUp.com Store. PlayUp.com offers daily fantasy challenges across the worlds biggest leagues from Cricket, Football, Basketball, Kabadddi, Rugby League, Ice Hockey, Basketball, Australian Football, American Football with plenty more on the way.
 
PlayUp Limited currently employs 27 fulltime employees with offices in Sydney (HQ), Melbourne, Darwin and Hong Kong. PlayUp Interactive Pty Ltd, a wholly owned subsidiary of PlayUp Limited, is a licensed gambling operator in Australia. 
 
The PlayChip Utility Token
Developed in Australia, the PlayChip Utility Token is a crypto-asset built on the Ethereum blockchain, and is set become a universal payment and rewards currency for gaming and wagering.
 
PlayUp.com will be the world’s first wagering platform to use the PlayChip and it will form the foundation to facilitate the decentralisation of the wider PlayUp ecosystem and gaming platforms, allowing sports fans to connect, compete and collect, irrespective of their location. In addition to betting.club, DraftStars, ClassicBet, TopBetta and MadBookie will also shortly incorporate the PlayChip within their payments and rewards systems.
 
* As announced on 09 April 2018, PlayUp has agreed to merge with Mission NewEnergy Limited (ASX:MBT, OTCMKTS:MNELF), subject to the approval of the ASX and NASDAQ and regulatory approval requirements. Upon the completion of the merger it is anticipated that the company’s securities will seek to re-comply with both ASX and NASDAQ listing rules resulting in the trading of shares on the NASDAQ stock exchange and the ASX. 
 
- Announcement Ends –
 
 
 
For editorial enquiries for PlayUp please contact
Michael Henderson
DEC PR
Phone +61 413 054 738
m.henderson@decpr.com.au
 
For more information and a copy of this announcement, please visit: www.missionnewenergy.com or contact:
 
Company Contact:
 
James Garton
Phone: +61 8 6313 3975
Email: james@missionnewenergy.com