Robert George Steele, a Director, acquired 2,429,544 Subordinate Voting Shares on a control or direction basis for registered holder 3322044 Nova Scotia Limited at a price of $10.290 through a private transaction on November 13th, 2018. This represents a $25,000,008 investment into the company's shares and an account share holdings change of 71.2%.
Stingray Digital Group is in the Broadcasting Sub Industry Group under the Consumer Cyclicals Sector.
Stingray Digital Group Inc. is a business-to-business (B2B) music products, services and content provider. The Company broadcasts music and video content on various platforms, including digital television, satellite television, Internet Protocol television (IPTV), the Internet, mobile devices and game consoles. The Company offers its clients a selection of multiplatform products (Stingray Music and Stingray Karaoke), long-form television channels (iConcerts, Stingray Brava, Stingray Djazz and Stingray Ambiance) and music video television channels (Stingray LiteTV). Its products and services are offered to pay television providers on a plug and play basis. It also offers various business solutions, including music and digital display-based solutions, through its Stingray Business division. Stingray Music is a music network, available on television, the Internet and through smartphones and tablets. The Company has approximately 400 million subscribers in over 150 countries. Stingray Digital Group Inc. (RAY) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $25,000,008.
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