Golden Matrix Group Inc (GMGI)

[Gary 608]

Nothing moved since opening bell?

[TRUSTUNITS1000000]

Interesting stock, maybe the sky , huge speculating

[PokerStar]

I'd love to find out myself and have a little meeting with them behind the barn, if you know what I mean! Almost 50K in volume and they close us at $2.09 right at the bell. So f*cking sickening to see this day after day!


PokerStar

[Gary 608]

We were doing good 3 minutes before closing then dropped to the red at the 4 pm bell.
Wish we can find out who is toying with us.

[TRUSTUNITS1000000]

Down

[TRUSTUNITS1000000]

$2 to $4

[TRUSTUNITS1000000]

Could this be the reversal

[PokerStar]

Almost all buys today on 15K volume. Some just sold for $2.12 then right after, I see a sell order @$2.07???? Someone sold into the bid and it sold for $2.0699. Five digit trades can only done by MMs. Again my thoughts remain the same here....MMs sell short at a higher price to fill order then try to cover at a lower price. Only explanation in my opinion why we've had decent volume the last 2 weeks and we continue to be stuck in this stupid $2.02-$2.20 range.



PokerStar

[Gary 608]

They are not doing anything for the investors. Just letting the shorters get away with chopping the stock price down

[TRUSTUNITS1000000]

Neat company

[TRUSTUNITS1000000]

Wonder if this is the bottom
, huge speculating

[PokerStar]

Very unlikely....unless the Meridian deal falls apart. That is unlikely as well....



PokerStar

[Harbor6460]

You will probably be able to buy sub 1.00 or .50 in the next 12 months imo

[TRUSTUNITS1000000]

Not much volume WHYyyyyyyy

[TRUSTUNITS1000000]

Could this be the bottom

[PokerStar]

The deal has been announced for 6 months and CEO updated on last 8K. Not being arrogant, but not here to do everyone elses due diligence! I lead the horse to the water but I'm not forcing him to drink. That's up to you!



PokerStar

[prof81]

I’m confused are you just arrogant? Or just trying to start a fight on the internet?
It’s called conversation. I lead with a question even if I have read it you respond with a link so you just don’t look like a loose cannon all the time. Thanks for your time GMGI all day

[PokerStar]

What are you asking? Everything you need to see is in the last 8K. Can you not read?



PokerStar

[TRUSTUNITS1000000]

Amazing revenues

[TRUSTUNITS1000000]

Dropped 0.07 yesterday

[prof81]

Send me a link to that acquisition???

[PokerStar]

Firstly, they lost money last quarter for the first time in 14 or 15 straight quarters due only to payments made to the CEO and board members' performance bonuses. Secondly, they have reported the deal with behemoth, MeridianBet to acquire them in a stock and cash deal. It's due to close anytime from now to the end of the 4th quarter. All right there in the 8Ks if you take time to read them.



PokerStar

[TRUSTUNITS1000000]

How do you know of the buying of a company

[TRUSTUNITS1000000]

Company losing money, last financials

[PokerStar]

You'd think that some entity is driving the price lower, either by shorting the stock or other means to get a bigger chunk of the company once an acquisition is made. After Brian had to negotiate a lesser price point and give up more shares to consummate the deal, from $3.50 down to $3.00, our share price fell from upper $2s down to almost $2 bucks. If somehow, MeridianBet is going to get sn even lower price and even more shares of the company to close the deal, I'm going to be pissed. It's going to inflate the share count even more and make it harder for our share price to increase from these paltry levels. I sure hope I'm wrong and the deal closes soon at the $3.00 agreed upon price from the last update.


PokerStar

[Gary 608]

Me too.

[PokerStar]

Just .25 cents from their low from the reverse split a couple of years ago. Since then, GMGI has grown in size, grown their profits and are on the cusp of the huge acquisition of MeridianBet....yet here we are, near all time lows. Wish I had the funds to acquire another 20K shares at this crazy low price.



PokerStar

[TRUSTUNITS1000000]

$2.16 interesting

[PokerStar]

I get it Gary, that's my point about price manipulation! Someone is buying a pile, bid sitting, otherwise we'd be back under 2 bucks. Probably MMs or a group covering their shorts from the $2.60-$2.80 range, or getting ready for the next leg up, filling their pockets with cheap shares so they can dump them on the next bump in price. Nobody knows how to invest anymore....it's all about short term flipping nowadays.


PokerStar

[Gary 608]

The volume is selling - 46,195 to 5,020 buying..That's why.

[PokerStar]

Look at today's volume....over 52K shares traded and up a whopping .03 cents! Can we say price manipulation! Looking forward to the usual take down and back to red at the close! F*cking manipulating losers!


PokerStar

[richme]

I do not see him as one that would stop posting so it may be that he went to join God in heaven. We are all headed that way; I will soon turn 84 and every year seems to fly by. I will be on the Boards (or one or two) as long as I am physically able.
We need a good press release and I am sure that there will be some soon to keep interest in the stock now with all the 6M issued/6M potential coming up. I would love to see STKH move up to high heavens. By the way I was on GMGI at the split but got sold too soon. Never saw 14, not even 10.

[PokerStar]

I'm not sure myself where Roger is, or if he's even still with us. This site has become so out of touch and most traders have moved on to Twitter and other sites for their trading discord. My guess is he's on another platform.



PokerStar

[Eddo1976]

He hasn’t posted anywhere on iHub since Oct 11, 2022

[richme]

He hasn't been trading on any Board. Wonder if he is still with us. I never knew his age. I was working as a contractor in Iraq in late 1998-2008 (off and on).

[Gary 608]

Maybe he is laying low while he tries bringing us down? Seems like a few are doing that lately and don't want to admit it.

[Gary 608]

Maybe he is laying low while he tries bringing us down?

[Eddo1976]

Haven’t seen the spaceman on here in years. We need him back, that’s when this ran to $14

[richme]

Anyone have info on roger wilco? Last posted with him when I was in Iraq a few years back.
Thanks.

[PokerStar]

It's not like we hasn't seen that for well over 100 trading days in the last year.



PokerStar

[Gary 608]

Another 4PM knock down to the red

[PokerStar]

Hey Trust.....GMGI is currently supplying over 645 casino and online casino sites their gambling software. They just started their own online casino in Mexico about 6 months ago and are in the very late stages of acquiring MeridianBet.....one of the largest and profitable casinos in the Asian region. Once complete they plan on expanding their reach to South America and hopefully the North American market in time. GMGI has been profitable for over 3 years and the acquisition coming onboard has a great track record over the years of even better profitability. This stock has been lightly traded in the last year but expecting once the acquisition is complete, we see better daily volume. MeridianBet, when deal is complete has agreed to take a large block of restricted stock valued @ $3.00 per share, as part of the 100 million dollar acquisition. The rest of the funds will be debt and the CEO's last 8k stated that they had the funders lined up and ready. They expect the acquisition to close late in the 3rd quarter or early in the 4th quarter. This price we see today is bargain basement, in my opinion. It did dip to the $1.89 range, but that didn't last for more than a day before buyers scooped up piles of stock and the price responded to the high $2.80 range. I'm expecting good things from the company and hopefully the stock price will respond positively and grow with the company. Best of luck with your decision. I'm not suggesting to buy or stay away....that is your call after you do your due diligence!



PokerStar

[TRUSTUNITS1000000]

Interesting company what they do

[TRUSTUNITS1000000]

Had a reverse split and split if I had bought it would have been the bottom and after r s company soared over time

[TRUSTUNITS1000000]

Have not been here for a while

[Gary 608]

Yep..They took advantage of this mornings green. Greedy bastards.
I emailed the SEC again to see when they are going to start doing something about these shorters.

[PokerStar]

More good news this morning and these loser shorts just keep beating us down, lower and lower. F*cking unbelievable!



PokerStar

[PokerStar]

Yep....f*cking losers! Shorted it right back down to where it started @$2.30. Unbelievable @ssholes!



PokerStar

[Gary 608]

Shorters started right in this morning.

[PokerStar]

Unless Brian was buying heavy in the $2.40 area, it's hard to believe sells were 49K and buys were a mere 4K and we closed green. Maybe a whole lot of small, Friday profit taking, until the gap was closed, by this group of sellers for peanuts. Weird day of trading is all I can say!



PokerStar