Further to the Company's announcement dated 21 April 2021, SportsHero announced that it has completed, ahead of schedule, its proprietary artificial intelligence esports Predictor. The Predictor utilises the latest advancements in deep learning technology to predict the outcomes of esports competitions prior to the match, as well as live during the competition. The Company announced that it has engaged the services of a highly experienced esports consultant, Mr. Scott Russell to develop a go to market strategy to enable a successful launch into the Australian and global esports markets. Scott is currently the Head of Gaming for Asia Pacific with a global pre- paid, gift card and payment provider. Scott was intimately involved in the launch of the Gfinity Elite Series, which was the first professional city-based esports league in Australia. Scott also led the inception of a world first dedicated esports division within the Hoyts Group. In 2019 Scott relocated to Singapore to set up Knew Land, an esports consultancy business with a well-established network of industry contacts and relationships within the esports and gaming industries across Asia. As an indication of Scott's confidence in SportsHero's future, he has agreed to take the majority of his consultancy fees in SportsHero shares. In that regard and subject to the receipt of shareholder approval, 500,000 shares are to be issued to Mr. Russell (or his nominee). The Predictor is expected to generate new revenue opportunities, including licensing revenue, subscription revenue, exclusive streaming revenue and royalties, affiliate gaming revenue with potential customers that operate gaming communities and betting companies, esports and sporting news websites and esports tournament organisers. To increase the accuracy of the Predictor, the prediction algorithm was built on the large datasets available for `League of Legends', which was compiled, developed and is fully owned by SportsHero. The dataset autonomously analyses new matches and the data generated from those matches in order to optimise the underlying algorithm and its accuracy. Expressed another way, the deep learning/machine learning Predictor will autonomously become more and more precise as more data is added to its ecosystem, delivering for SportsHero a unique esports value proposition that can be replicated across multiple sports and jurisdictions. In addition to providing the algorithm, the development team also built a functioning website that packages the Predictor, the underlying players and teams library as well as an integrated live betting odds feed.