[Nelson2]

This leads me to believe they can’t do another R/S as they only have 570k shares outstanding

“To remain listed on Nasdaq, companies must have at least 500,000 publicly held shares under Nasdaq Rule 5550(a)(4) (the “Publicly Held Shares Requirement”) and at least 300 public stockholders under Nasdaq Rule 5550(a)(3) (the “Public Stockholders Requirement”).

[Nelson2]

Off the flatline!

GLTA

[Nelson2]

Volume, of some kind anyway

GLTA

[DD14]

lol I thought that also but look like bankruptcy is coming, I just did more DD and look like all the stores are closed since the pandemic, I got out today for a small loss.

[DD14]

I strongly believe that a merger will happen!

[DD14]

This is not done, franchises & license are worth more than the market cap

[RKMKE]

Anyone contacted Roman about whats the company future now?

[willlbone]

Sorry for your loss.

[formerdtrader]

I am officially done with this stock... years of torment.. $100k loss... I sold all 400k shares today and good riddens

[WallStreetMyWay]

$WINR-Do you get some do has it do have it were entering for dollar gains plainness potential?

https://www.otcmarkets.com/.../Simplicity-Esports-Signs...

[DawgTrading]

: /

[DawgTrading]

8k filed

https://fintel.io/doc/sec-simplicity-esports-gaming-co-1708410-8k-2023-july-13-19551-1888

[RKMKE]

https://www.sec.gov/Archives/edgar/data/1708410/000149315223024460/form8-k.htm

[DawgTrading]

This is some bullish cryptic message LOL

Im hoping to check out the gains here if this merger gets done and Zack brings this to new levels.

[WallStreetMyWay]

Seemed accomplish dollar valuer alertness on context upright new innovation could be very very serious. Check it out.

[DawgTrading]

I wasnt happy about the ttrade eod yesterday... but yes im hoping for some news here

[formerdtrader]

no.. just going on the timing that was put out there months ago that there were supposed to merge by mid July

[RKMKE]

Has anyone communicated with the company?

[formerdtrader]

Here's to praying that we get good news in the next 3 days!!!

[formerdtrader]

not the start we wanted but it is early in the week :)

[formerdtrader]

not the start we wanted but it is early in the week :)

[DawgTrading]

$WINR will it try to run into weeks end!

[DawgTrading]

Someone lost their 400k shares, decent slap there... there is money flowing in here.

[formerdtrader]

agree with your share logic... my concern is more valuation as we dont have any feel for what Diverted's revenue or EBITDA are... once we get a peak into that, we will get a better feel for potential

Remember Simplicity only had like $3-4M in revenue and were heavy net losses (losing a lot of money on that Brazilian esports team and COVID store closings)

[DawgTrading]

Another thing in the growing list of bullish items...

Zack had already brought one company to Nasdaq, and sold it... The new management after he sold what he build successfully to them... new management ran it into the ground after.

There is a good track record here for incoming management.... hopefully the deal gets done and everyone gets rewarded on this interesting business.

Check the executives and board members out...

https://divertedriver.com/who-we-are/

[Nelson2]

Back in the black! Hope you’re right mate

GLTU

[DawgTrading]

Check my previous message...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172289544

[DawgTrading]

Rebuttals and correcting my math welcomed!

[Nelson2]

Well Boyz averaged down again today
Now .47. OUCH!

GLTA

[DawgTrading]

So lets say diverted getting 200 million of 250 million is restricted and locked up that leaves 50 million tradeable.

Latest SS update shows an increase in OS to 35,724,938 on 07/06/2023.

If they are getting 5% of 250,000,000 that would be 12.5 million. 50m - 35,724,938 OS would leave 14,275,062 left which currently allows for the 12.5 million 5% equity, leaving only 1,775,062 room left in the total OS for warrant holders to sell before its maxed out and locked if everyone holds.

Lets see if any warrant holders continue selling and the OS goes past 37,500,000 before the merger is completed, then they may have to raise the AS to complete the deal... lets see.

Realistically if the AS isnt raised.... this is a 50 million float only, since 200 million going to diverted river will be restricted shares.

[DawgTrading]

I also find bullish that $6 million in debt if this merger goes through will be wiped out for 5% equity...

At 250,000,000 AS with diverted river (DR) taking 80% thats 200 million of the 250,000,000.

5% of 250m would be 12,500,000 shares... of which $6 million in debt for an OS of 250,000,000 (regardless of restricted or not), would be the equivalent of $0.48 per share if they'd want to break cost even on that $6 million for those 12.5m shares.

At $0.48 per share with a 250m OS this could have a potential market cap of: $120,000,000

https://www.globenewswire.com/news-release/2023/03/31/2638727/0/en/Simplicity-Esports-Signs-Agreement-to-Convert-Promissory-Notes-into-5-Common-Stock-Ownership-and-Extension-to-Exchange-Agreement-with-Software-Company-Diverted-River-Technology-LLC.html

[DawgTrading]

Not nothing... this share price is ++++++

[formerdtrader]

we will find out next week... nothing is positive until the merger happens and Diverted River takes over

Then we can be optimistic about the future

[DawgTrading]

$WINR the beginning of a RUN up?

Boosting on no news... imagine if PR comes next week or two.

Site looks great... recreational gaming is bigger and bigger... i bring my kids to these places and easily end up dropping $100+ on each visit.

Zack from diverted delivered before in esports with ggCircuit (sold for $26 million), I think hes about to do it again in rec gaming and entertainment!

https://www.linkedin.com/pulse/diverted-river-update-pinball-ax-throwing-just-start-zack-johnson/

[Nelson2]

Embarrassed to say yes. :(

Worst penny stock I have EVER owned. I was all in
Dumb and Dumber

GLTA

[RKMKE]

You never averaged down?

[formerdtrader]

lol.. hear that!!! but happy it is potentially alive again... if Diverted River can execute we will make our money back for sure (if not a healthy profit)!

[Nelson2]

Hard to excited when my average cost is $1.09
Good grief. Think I’ll disappear again for awhile

GLTA

[Jake731]

Nice to see some life back here. July 14th was the estimated date that was set for the merger. Let’s see what happens.

WINR !!!!!!!!

[Invest-in-America]

WINR: And the Wall Street WINNER of this day is both literally & figuratively WINR!! (All puns intended.)

[formerdtrader]

what do people think the stock should be valued out if the Diverted River merger goes through?

[DawgTrading]

$WINR agree, but last 3 updates show SS intact





https://twitter.com/DawgTrading/status/1676947656675938310

[RKMKE]

Also selling faucet needs to be turned off.

Imo.

[DawgTrading]

I figured it was looking that way, thanks for the reply

DivertedRiver though new website looking good... hopefully this thing/merger goes through.

https://divertedriver.com/

Great track record of incoming owner Zack if it gets done.

[formerdtrader]

no... completely different

[DawgTrading]

Seems they updated the profile somewhere in OTCM

Verified profile 6/2023

SS looks intact still from 6/20

[DawgTrading]

SS stayed the same between 6/12 to 6/20

[DawgTrading]

Maybe someone starting to know something???