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Pretty sure real investors in Good Gaming, and I'll qualify that by saying anyone, unlike you, who actually own more than a share of stock, actually appreciate hearing from their CEO and in knowing that the company has a future game plan. Duh!
When will David learn that every time he releases a Fluffy PR the share price goes down. Every time for years!! He is just like Kamala Harris, talks a lot with out saying anything. Hens Sucks!!! FJB.
Wow! Real ignorance abounds here so let's clear things up to keep the misinformation down to a minimum by those who pretend to be smart but are factually clueless.
First, any company that converts a debt, which is expected to be paid back, and converts it into equity (in this case preferred shares of stock at a fixed price) is considered an investor in the company, no different than buying shares of stock in the company on the open market. They are subjected to the same risks and rewards as any shareholder. Obviously, they obtain much greater risk because their debt is considered paid in full the moment they accept shares of stock in leiu of the debt. So maximum risk has been taken by ViaOne to the tune of over $2 million. Which crying baby can say the same thing?
Second, Good Gaming ahs never stated they were reverse merging into any company. There has never been a press release stating such nor has the company ever represented such. So, unless I can be shown they publicly announced an acquisition or reverse merger that fell through then the statement like most of the inuendo's posed as facts are actually B.S.
Third, Good Gaming is a Form 10 filing company trading on the OTCQB, which means they are held accountable to the Securities Exchange Commission for every piece of information that is filed or disseminated to the general public through their SEC EDGAR filing. On top of that, they use Sechenzia, Ross, Ference, Carmel is one of the top Wall Street Law Firms in the country. Every SEC filing is reviewed by legal counsel before being filed. Had GMER attempted to do anything illegal with an "illegal net business model" they certainly wouldn't file their intent with the SEC, nor would their legal counsel allow that to happen.
Fourth, any sophisticated trader knows that OTC stocks cannot be shorted. In order to short a stock the shares must qualify to be margined. OTC stocks do not qualify to be margined, so anyone blurting out that an OTC stock is down because it is being shorted is only showing they have no legitimate trading experience because it cannot be done.
Fifth, again, there is a certain amount of ignorance being deployed when someone talks about dilution being associated with a capital raise. Most public companies enjoy the benefit of being able to raise capital through the issuance of shares of stock in their company. For those who do not know, when a new investor purchases shares of stock in the open market they are purchasing shares from another investor willing to sell their shares. The company does not benefit financially from any trading of their stock in the secondary market, which is where we here on this board buy and sell our stock. So when a company wants to raise capital they will do it through a primary offering and sell shares through a registration statement which is fully disclosed to all shareholders in SEC filings. Is there any dilution? Of course, because the company is saying they are going to create "X" amount of shares to sell at "Y" amount. However, one must look at the offering to see if it was something reasonable to the other shareholders. In the case of GMER they raised $3 million dollars through the offering of shares at .15 cents a time the stock was trading at .19 cents with a reputable NY investment banking firm HC Wainwright. The discount at the time was very fair, but more importantly, it was disclosed to all shareholders so that if they didn't agree it was a fair deal, they could act accordingly. Now, I will say that there are things called "toxic notes" that allow the noteholders to convert debt to equity in small batches at a discount with no bottom or floor price. These are considered "highly dilutive" types of financings which should be considered a major red flag but is not what we are talking about here with the offering that was done by HC Wainright for the $3 million raise.
I think the more mature bunch on this board realize that investing in any OTC stock takes great risk. Only fools get upset when their investment doesn't work out in the time they think it should. The fact is Good Gaming is a very unique situation because of their parent company which is a very successful and well capitalized company. If that were not the case, this company would have failed long ago under previous management that was doing bad business with bad people. To know ViaOne Services is to know that while they may not be gaming experts, they have a very high business IQ and it's only a matter of time before they figure out how to make Good Gaming successful like their other companies.
You certainly can't discount any company willing to put their monies where their mouth is and that's exactly what they have done by becoming major shareholders through the purchase of shares alongside their shareholders.
Could you please produce proof of the company stating a RM. As an investor that was my hope. However I can not find where the company said there would be one. Pure speculation on my part.
Again if you can show where the company stated a RM was going to happen. Please do. If you can’t find it, perhaps on your proctologist visit, he will assist you in finding it.
Millions fleeced from who? Via One. It appears one’s reading comprehension is limited. Bottom line they are still in the game. As an investor that is good news.
You mean Converted debt. Bfd. Shareholders suckered into rm and illegal net business model, only to see millions of shorted shares on that run, S1 dilution, and years of monies drained to a crew of misguided and incompetent hirelings. Lmao...but wait there's more because now we admit we made mistakes and have the adjustments to scale...roflmao.. Yeah keep up with the hopium..
Anybody buying this sham needs to be examined by a proctologist.
Gee, anyone using the word fleece with a company that has invested over $2 million cash into their own company seems pretty ignorant to me.
From todays press release....
"It should be noted, our parent company, ViaOne Services, has demonstrated unwavering commitment to our success through substantial loans exceeding $2 million in Good Gaming Inc. Their decision to convert debt into equity by purchasing preferred shares, thereby turning the debt into an investment, reinforces their belief in our potential and willingness to take risks alongside our shareholders."
Lmao.. One steaming pile of stinking blah blah blah.. Years and millions fleeced, with hopium from the planet of Uranus. Can't make this stuff up.
News out on Good Gaming.....
www.globenewswire.com/news-release/2024/09/25/2953037/0/en/CEO-David-B-Dorwart-Anticipates-a-Bright-Future-at-Good-Gaming-Inc-Through-His-Most-Recent-Shareholder-Update.html
In order for there to be a "pump and dump" there needs to be a "dump." Show us where the company has been dumping stock, Einstein.
More likely another Pump and Dump, with more broken promises. Never trust a Hen!!!!! FKH.
Magic eight ball says “highly unlikely”
Anyone think we will have a R/M soon,
GO $GMER
Nope! I'm thinking we are going to start seeing some metric changes fairly soon.
ViaOne Services has over $2.5 million reasons to make sure this company does not fail.
Of course Galactic Acres was a real game. It was approved by Google for it's play store with over 10,000 downloads. "Fake games" cannot pass Google's vetting process. Duh!
Any other dumb comments that need to be addressed?
It was never a real game. Just like Microbuddies. David is a snake oil sales and should go to jail with all the other hens. FJB
Galactic Acres no longer on Google play.
https://play.google.com/store/apps/details?id=com.goodgaming.galactic&hl=en_US
Your opinion is deeply valued....
Said no one ever!
Haha sub penny what a heep of S**t
They need to just pack it up and go out if business sooner than later
"Printing shares" is a crime? Tell us how issuing shares, which have been fully disclosed in SEC filings is a crime?
Let's not forget their SEC corporate counsel is Sechenzia Ross Ference Carmel LLP one of the best Wall Street law firms in NYC!
People don't get to make up a set of lies to justify their agenda.
They let Sterling go, I am sure they will not be into games anymore,
Soon we will know what is happening
Go $GMER
Does anyone know what is happening with GMER, is there any acquisition taking place or Is VIA ONE going public with GMER
Go $GMER
You have been saying that for years, yet David failed at every GMER venture!!! Every one!!! FJB
No, that's not a crime. Printing shares and releasing false PRs is. Which he did since day one, when he was in bed with Vik. Hens are useless..... FJB
Why would he go to jail? Did he sleep with Stormy Daniels? 😀
Dave has some big plans for GMER , we will have news soon.
Go $GMER
Bill
Dave Dowart has put over $2.5 million cash into the operations of this company then took risk by converting the debt into perferred shares, making him an even bigger shareholder in the company. He doesn't receive a salary and only contributes never takes when there is money in the Good Gaming coffers. This is what anyone who actually reads their financial statements would see in plain sight.
That said, what crime has been committed to ask a ridiculously stupid question like that, Einstein?
Do you think David will go to Jail? FJB, FKH..... Hens Sucks
Sub Penny!!! I told you... FJB
Hens are worthless... FJB, FKH......
Wow! You think?
I love seeing the people who know the least act like they know the most!
LMFAO!
They will probably notify you soon that your services are no longer required. They'll save the rest of the monies for filings and eoy party chotskis..
Probably decided = Made up bullshit.
We can all fabricate stories to fit our agendas.
33k liquidity and market cap of 1.3 million. Lmao. CFO Fontana boogied. Probably decided he couldn't be all that he could be at Via. 3 rats left the ship. More to come.
https://www.otcmarkets.com/stock/GMER/security
For what? You keep spewing this nonsense and then when asked ignore the question.
Stop making your motives so obvious.
David should go to Jail. FJB and all the Hens
I see this guy is on Stocktwits too. It's very possible that these guys, and Game Square, will go belly up, but no one can ever know with 100% certainty. It's tempting to me to buy a little of both at these prices.
Lot's of companies try and fail, but it seems as though you think you know more than everyone else. So, other than the company going into new genre's within the gaming industry, developing games, and paying legitimate operational expenses over several years, why don't you show us how they "milked the pooch" and "bait and switched" investors?
Let's see how confident you are with your theory stated as facts knowing that a $200M+ a year company like ViaOne is probably paying attention.
Well, now we know you can read. Since you are so intelligent, why don't you impress us with an explanation of what is "deritive debt" since you felt the need to bring that to our attention?
Company spent millions and years on junk, and sold the garbage for $12k, millions in derivative debt, and no viable pathway to solvency. Shareholders got left with the ultimate f u , after they milked the pooch here. Classic OTC bait switch from disinformation to the real real.
Got to love your resident spinster hypster eh? Chronic postings spinning the poop into hidden treasures.
Bottom line, they drained All the funds until the very end. Management had, and has zero shame for their actions. Disgusting at the minimums..
Thanks Wolf I found the information
Bill2
The 10q is a public document. Everyone can see. No need to for me to repeat it here. Just got to take the time to read it thru. Then decide on ur own.
More loser disclosures..
Other than as described below, there were no issuance of unregistered sales of equity securities during the three months ended June 30, 2024.
On April 18, 2024, the Company issued 2,209,047 Company’s common stock to ViaOne employees as stock based compensation.
On May 3, 2024, the Company issued 641,519 Company’s common stock to ViaOne employees as stock based compensation.
On June 6, 2024, the Company issued 641,519 Company’s common stock to ViaOne employees as stock based compensation.
More dujor..
RESULTS OF OPERATIONS
Our auditors have issued a going concern opinion on the financial statements for the year ended December 31, 2023. This means that our auditors believe there is substantial doubt that we can continue as an ongoing business for the next twelve months from the date of issuance of these financial statements unless we obtain additional capital to pay our bills. This is because we have generated little revenue although revenue is anticipated to grow as we have completed the development of our game, Galactic Acres. We anticipate moving into the pre-loading phase through our partnership with ViaOne Services in the coming months. Accordingly, we must raise cash from sources other than operations. Our only other source of cash at this time is investments through our existing agreement with ViaOne Services and the revenue we generate from our products and services. We must raise cash to continue our project and build our operations.
Bottom line... A big crew of slimy LOSERS...
33k cash, divested " Scaleable" lol, games, millions in derivative debts, Sheisterville scambags almost done..last one out turn off the lights.
The Company has generated minimal revenues to date, has never paid any dividends, and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future. As of June 30,2024, the Company had a working capital deficit of $744,422 and an accumulated deficit of $11,286,887.
June 2024, the board evaluated the game platforms the Company has developed games on and decided to discontinue operations of all Microbuddies, Roblox, and Minecraft games and related assets to focus on preloaded game distribution through the Company’s partnership with ViaOne Services. The company sold these assets for $12,500 to Despawn, LLC in July of 2024 and officially exited all operations related to Blockchain/Crypto gaming, Minecraft, and Roblox. The asset sale included all game code, artwork, rights to use related trademarks, social media channels, and all other intellectual property related to the games developed on these platforms.
Please Wolf can you copy and post so everyone can see, I can not find anything,
Thanks a lot
GO $GMER
Bill
Read thru the 10-q. It talks about plans for next 12 months.
Can anyone explain what that file means, could be an acquisition happening here, they got ready of Sertling and the games so could be they having a R/M, any thoughts?
Go $GMER
I would imagine that considering the amount of revenues the games were generating their counsel probably felt that disclosure in their next 10-Q filing is sufficient.
It's not like they've been trying to keep the sale of those assets a secret.
We never received a 8K on the sale of all the games
It’s a “material event.”
https://discord.com/channels/828483991883087873/828486265271353354/1265713133671026768
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Good Gaming is an innovative brand leading the gaming industry across multiple segments in the space since 2008. Beginning with our roots as a collaborative space for gamers to share their knowledge, we went on to establish ourselves as one of the leaders in hosting Hearthstone tournaments. In 2016, we expanded our reach to include establishing multiple Minecraft servers with some of the most popular versions of Prison and SkyBlock, then developing our completely custom-developed NFT blockchain game, MicroBuddies™, in 2021. The Good Gaming advantage comes from our development team's close relationship with the player communities of all of our games. The constant communication and resulting feedback further expand our proprietary content, and we continue to be influencers in the realm. Good Gaming continues to find exciting and innovative ways to branch across the gaming industry. As a staff and community, our goal is to cement our place as a fun and collaborative place for ALL gamers to enjoy.
Learn more on the Good Gaming website.
Good Gaming to Pioneer the Launch of Its First To Market Blockchain Collectible NFT Game
MicroBuddies™ is a first-to-market collectible NFT game, where players will be able to collect lovable, self-replicating microbes. Use your strategies and skill to maximize the rarity and collectability of your Microbuddy NFT’s. Each MicroBuddy produces GOO, the in-game currency which fuels the multiplication of MicroBuddies, starting from just one parent. The number of MicroBuddy permutations are almost endless! Create the most unique MicroBuddies to sell, collect, or trade on OpenSea, while also maximizing your GOO production!
At the Polygon Mainnet launch of MicroBuddies™, a player will use their special Nano Factory Tokens to synthesize Generation 0 MicroBuddies™ and begin the game. The first 2,500 MicroBuddies™, collectively known as Generation 0, are expected to be the rarest and most scarce set of MicroBuddies™ and what the rest of the game will propagate from. If the Nano Factory Tokens sell out, or a player fails to purchase a Nano Factory Token prior to the launch of the game, the only way to acquire a MicroBuddy and play will be to first purchase one from another player on the secondary market at the fair market value.
GOO™ can be used to replicate new MicroBuddies™ from existing ones and customize their genome using a strategic artificial selection process. Well-bred MicroBuddies™ will have a high rate of GOO™ production, so players who develop their skills will be able to create greater opportunities for themselves. To learn more about MicroBuddies and to purchase the limited-edition Nano Factory tokens go to: microbuddies.io
Read more about the NFT market here:
Gaming and Non-Fungible Tokens
NFT Sales Top $1.2 Billion In July As Demand For Blockchain Games Soars
Douglas "Fluxty" Wathen | David B. Dorwart | JD Hilzendager |
Sam Schwieters | David Sterling | Jordan Axt |
Domenic Fontana | Layal Wathen | Roger Hovland |
ViaOne Services is a dedicated and growth-minded family of professionals with experience in a broad range of industries which encompass 9 brands that collectively produce over $140 million in revenues per year. In addition to founding, funding, growing, and scaling dozens of ViaOne-owned and operated businesses, the company also provides turnkey Operational, Marketing, Finance, Accounting, and Logistical services to external clients seeking to remove barriers to growth and quickly expand revenue. ViaOne’s entrepreneurial organization has founded and acquired over 10 companies during a 4-year period.
ViaOne Services has been recognized by the Blue Hen 17 & 49 award as one of the fastest-growing companies in 2019 with revenue growth of 200% and customer growth of 65% over the last 4 years!
Visit us on our social media platforms:
Discord: https://discord.com/invite/MicroBuddies
Telegram Group: https://t.me/microbuddiesio
Telegram Channel: https://t.me/MicroBuddies
Twitter: https://twitter.com/microbuddies, https://twitter.com/GOODGMER
Reddit: https://www.reddit.com/r/MicroBuddies/
Instagram: https://www.instagram.com/goodgmer/, https://www.instagram.com/microbuddiesgame/
Facebook: https://www.facebook.com/GoodGMER, https://www.facebook.com/GoodGamingMC, https://www.facebook.com/microbuddiesofficial
Twitch: https://www.twitch.tv/goodgaminginc
YouTube Channel: https://www.youtube.com/channel/UC3YyoK_Xdo7sfPmse898Nog/
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