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I highly doubt they get into the weed biz. Although, it might be a good fit with the new gaming biz. Some natural synergies, as it were.
Thanks. I was on my way home so when I wrote that so I was trying to do some quick math in my head (not very well, obviously). So it's not pocket change, but the point remains.
I agree! And let me say I don't pretend to know what new investors might be thinking, but who knows, the large bid/ask spread could be one of the things keeping them away at this point.
Plus, say you have a bid in for 100k shares at .014. If you raise it to .016 and it gets filled, what are we talking, an extra $20?
I've never really understood it either.
@GoodGamingInc: Good-Gaming has a proprietary matchmaking system for top level gamers beyond the current simple linear ranking system. #Gaming #eSports
Amen!! I wish I had half a church!!
I agree - the latest 8-K definitely seemed like a PR-worthy event to me. I'm not sure why it's still be kept under wraps.
I can't find a PR anywhere out there either. Maybe they're planning to do one big one when the 10-K comes out, presumably next week?
I'm bored today at work and don't really feel like doing anything productive. So I thought I would try my hand at a quick back-of-the-envelope calculation of what a reasonable PPS of $CMGO should be. You all can correct me if you choose to as stock valuation is not my specialty.
Looking at the last 10-Q (3Q13), we had YTD earnings of $2,070,484. We know from the latest 8-K issued yesterday that shares outstanding are about 283M. So that gives us an earnings per share (EPS) of $0.073162. With the current price of $0.017, the P/E ratio currently is 0.232361.
For a "normal" company, I think a P/E ratio of between 10-20 is the norm, is that correct? Assuming it's 10 and using the EPS from above, that would give us a PPS of $0.73162.
I'd love to see us get to that level at some point!
$CMGO - a debt-free company that is positioning itself to be the leader in the eSports/gaming sector. Check out the latest 8-K. The time to get in is now!
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000029/f8k1_form-cmgo.htm
$CMGO - a debt-free company that is positioning itself to be the leader in the eSports/gaming sector. Check out the latest 8-K. The time to get in is now!
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000029/f8k1_form-cmgo.htm
$CMGO - a debt-free company that is positioning itself to be the leader in the eSports/gaming sector. Check out the latest 8-K. The time to get in is now!
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000029/f8k1_form-cmgo.htm
Another stock I used to have that I dumped a couple months ago, because it had been stuck in the .002 range for several weeks, ran up to the .006s today on what was a pretty crappy 8K that really had nothing of note in it. So I think once we get solid news here, whenever that is, we'll see a run at least comparable to that, depending on the content. It just takes some patience to stick it out until that news comes.
$CMGO starting to creep up the breakout boards!
Some nice buys to start off the day today!
Tweet from Ed:
@sycamorefilms: Thank you for all the Judy Garland site feedback. Lots more exciting stuff in the pipeline. $SEGI
MW - I finally checked out the Good Gaming web site. I couldn't find it before, but I saw the link you posted earlier today and it took me to it. You were right - it was hard to miss the "Why Good Gaming" link! Very impressive - a lot of good information up there so far.
One thing I just noticed is that if you go to Barchart.com (I don't use this site for anything but I've seen it referenced around IHUB quite a bit) and search for SEGI, all of the correct stock info for SEGI comes up but they have the name listed as Imarx Therapeutics. I contacted them to get that changed but I just thought that was strange.
I'd say the big things are that CMGO is now debt free and they've brought some really high-powered individuals on board recently. That should help spur revenues going forward.
CMGO just filed an extension for the 10-K.
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000027/fnt10k-cmgo.htm
I looked it up and the deadline for the 10-K is in fact 90 days from the fiscal year-end, which would have put the deadline for CMGO at yesterday. Maybe they thought they could get it filed yesterday so they didn't need to file an extension and maybe we'll see it today? I'm just surprised an extension wasn't filed as they've done in the past.
http://www.sec.gov/answers/form10k.htm
No, I didn't see that button.
I just checked out that link. I'm not a gamer, but that looks pretty darn impressive to me!
Oh, my bad, I was thinking 4/15 was the deadline if they took the 15 day extension. I thought the original due date was 90 days after year-end. Either way, I'm not worried about it, just want to see how good they look!
I haven't heard much talk about financials (i.e. 10-K), which are due today. Any ideas on whether they will be on time or if they might be filing an extension?
I couldn't have said it better myself.
Does this dog use punctuation? LOL - just kidding!
That's a good point, thanks. I think with all the news that's pending, we're definitely in on the ground floor here so I just look forward to the specifics once they all come out.
I find the Judy Garland series an interesting choice to stream. Of all the old shows and actors/actresses to choose from, Judy Garland? Really? Other than the Wizard of Oz, I can't name anything else she was in. But I'm also under 50 years old so that may be why. I'm hoping it works out and makes a lot of money - just seems a strange choice to me. I assume it's just a jumping-off point and we'll get more recognizable shows in the future.
XA just posted this link to their Facebook page. It doesn't really say anything other than to give a shoutout to Amanda Puck's Twitter feed. But hey, it's something.
http://michiganavemag.com/the-latest/food-and-drink-news/postings/chicago-foodies-to-follow-on-twitter
Thanks cbrad!
Yeah, I saw that. Unfortunately, I cashed out the last of my divy shares at $0.30. I'm not gonna make that mistake here - I'm holding these babies tight!
Hello everyone,
I'm back! It's good to be home!
You've got a million sitting there right now at 24 - you can get this party started right now!
The Level 2 Update is per IHUB - see link to "L2 Tools Update" at the top of the page.
The Level 2 tool has been updated. OTC share count is now the actual number. No more adding two zeros.
The market's not open yet. Nothing has changed.
GO $AEYE!
As it pertains to the mothership, I think all the updates regarding new faces being brought in are great and are appreciated. But what we really need are updates with numbers. For instance, the L'Oreal deal that was just signed: how much revenue is that expected to generate? That's the kind of information we need and needs to be PR'd.
$CMGO - a DEBT FREE company as of 1/6/14
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000002/f8k1_form-cmgo.htm
For the 9 months ended 9/30/13 (per the 3Q13 10-Q):
Revenues: $6,441,216
Net Income: $2,070,484
Current share price is currently under $0.02 so this is a steal!
And, they just added David Kovacs to their Board.
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000006/f8k1_form-cmgo.htm
Anything goes in pennyland!
$CMGO - a DEBT FREE company that is already making millions. Add to that they just brought on David Kovacs, a very heavy-hitter! See the links below.
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000002/f8k1_form-cmgo.htm
http://www.sec.gov/Archives/edgar/data/1346655/000117892414000006/f8k1_form-cmgo.htm