Newgioco Group, Inc. (OTCQB:NWGI) is a leisure betting technology company providing regulated online and offline gaming and wagering through licensed subsidiaries throughout Italy. The Company's goal is committed to becoming a premier betting technology platform provider for government licensed operators in the global lottery, gaming and wagering industry. Newgioco Group, Inc., together with its wholly owned subsidiaries, is a fully licensed and integrated online and land-based gaming operator. The company conducts its business primarily through internet-based gambling and sports betting platform under the registered brand Newgioco on our website www.newgioco.it as well as retail neighborhood betting shops situated throughout Italy. The company offers its clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, lottery, interactive games and slots, as well as an innovative betting platform (www.odissea.at) providing both B2B and B2C bet processing. Additional information is available on our corporate website at www.newgiocogroup.com. Press Releases https://finance.yahoo.com/news/newgioco-group-signs-operators-while-130000879.html
There was a forward split on 12/27/2017 that wasn't even mentioned by the company. This is no pump and dump. This is a serious company with 74 million O/S and an 8.7 million share float. This company will take off if, as expected, the Supreme Court rules that restrictions on sports betting by the Federal Government
is found to be unconstitutional. I have had this stock through a 1/10 reverse split, months of inactivity, several ticker symbols, and basically shell status. They have not grown the company by just selling shares, which is a rarity in the penny world. There are investors, 30+ employees, and a functioning business. I have the impression that on 5/15/2018 there is going to be some changes regarding the direction of the company as far as listing and share structure. I could be wrong but I don't think I am. Read the press releases and filings and decide for yourself!