Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Same here, holding over a million shares also. I've seen wayyy worse than this run to the moon-anything's possible in pennyland.
Every year the world gains >100 million new gamers 🎮 pic.twitter.com/7T71eIdhvp
— gpt (@shiv_laugh_love) June 28, 2020
Yup, no complaints here-I appreciate the way he's managing the company's finances.
100% correct. If anyone had anything bad to say, the argument could be made that maybe Goodman shouldn't have used the Source Gold shell-but he probably got the shell for little or nothing. Regardless, that's all in the past & the future looks very bright here.
Well, all the bad news is out of the way now.
Every single trader/investor who bought before the RS is in the green, or if a long term investor has substantial gains-looking for more substantial gains going forward.
Gaming, gambling, sports betting, esports-GMGI's gonna be a one-stop shop for all your vice, lol $$$$$$$
Good point-agree; anyone who really wanted to sell would have done so before the split. Wouldn't make any sense to completely exit now anyway-the company hasn't reached full potential yet, imo.
Yes, yes, yes, yes, yes, yes, yes, yes, lol-great summary!
Not entirely out of the question.
Yes indeed!
It’s a pretty easy pattern to figure out, as the company grows revenue wise they become worth more and when they become worth more the share price increases. No rocket science here.
99% have it figured out, there's always that 1% that can't grasp the concept ;)
The share price can also jump up very quickly, especially with the low trading float now.
Pessimists may sound smart, optimists make more money $$$$$$$$$
Same for me, the stocks that slowly climb higher can sustain the climb; the quick rockets always come crashing back down-not that type of stock here, imo.
Yes, they've got a plan and are checking off the boxes. Now with a higher share price and no longer a penny stock, GMGID can be bought by all investors; it opens the door for more money to flow into the stock, which can result in a much higher share price as more investors participate.
Approx 9m float: Golden Matrix Authorizes 1-for-150 Reverse Stock Split
LAS VEGAS, April 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- The board of directors of Golden Matrix Group Inc. (OTC: GMGI), a developer and licenser of social gaming platforms, systems and gaming content, today announced it has authorized a reverse split of both its outstanding and authorized shares of common stock.
The effective date for the reverse split will be determined by the Financial Industry Regulatory Authority (FINRA). On the effective date, every 150 shares of issued and outstanding common stock will be automatically exchanged for one issued and outstanding share of common stock, resulting in about 19 million shares post-split. The authorized shares of common stock will also be reversed at the same ratio and be reduced to 40 million shares from 6 billion shares.
Nice day, maybe we churn around this 3.00 area for a bit, all good. Shout out & welcome to all the new investors. Have a great w/e GMGID shareholders!
Oh yes, they are just getting started here, imo. I fully expect more news & updates going forward. Last post till 4pm
Company tweet:
GMGI-Golden Matrix Group, Inc.
4m
Replying to
@theescotty11
The company will be addressing everyone as soon as we are able to. Thanks for having patience as we continue pressing forward. $GMGI
The company will be addressing everyone as soon as we are able to. Thanks for having patience as we continue pressing forward. $GMGI
— Golden Matrix Group (@GMGI_Official) June 26, 2020
Yes, once your broker updates your position, you will have 15000 of GMGID. It's currently at 3.01/share, so you will have around $45000 worth.
Makes us a great merger or acquisition candidate-good luck!
Yup, no toxic debt, insiders own half the o/s, leaving a float (shares that can be traded) around 9m. Growing business, merger/acquisition under consideration, etc etc etc. Lots to look forward to here, imo.
TD is slow as well, Schwab I've never used.
Share price doing well, very close for NASDAQ qualifications, add in merger or acquisition, continued growth/profits, esports app, another qualified board member or two-I'd say the odds are very high we succeed. ;)
Yeah, I think Etrade is one of the slower ones. Fidelity seems to be faster.
Your broker may not have updated your position yet. Some brokers are faster than others.
Exactly
Got a link for that? Nope, thanks anyway. 110% false.
Heard that since .0003. Oooops, lol.
Lol-sure thing. Just like the SEC had a "battery of questions" and wouldn't approve the RS. Funny stuff
GMGI is the .1% that will qualify for uplisting.
8-k filing:
Item 8.01 Other Events.
Golden Matrix Group, Inc. (the "Company") reported in its Form 8-K dated April 28, 2020, that it had filed an Issuer Company-Related Action Notification Form with FINRA on April 27, 2020, under FINRA Rule 6490, for processing a 1-for-150 reverse stock split of its authorized and issued and outstanding common stock. On June 24, 2020, we received notice from FINRA/OTC Corporate Actions that the reverse stock split described above will take effect at the open of business on Friday June 26, 2020. A "D" will be placed on the Golden Matrix Group ticker symbol, GMGI, for 20 business days to alert the public of the split. The trading symbol for the Company's common stock will remain "GMGI." The new CUSIP number for the Company's common stock following the reverse stock split will be 381098 300.
There aren't 2 employees; check the website & profiles, you will see a CFO, CTO, lead customer service agent-it's all there. Try keeping up, lol.
Day is not over yet-whatever happened to GMGI sinking back to .003, .002 triple zeros? Always "disappointing? ;)
Much more realistic "guess" than many other "guesses" I've heard about GMGI, lol.
GMGI is going to the NASDAQ-won't be an otc stock anymore
We've been hearing to "bail out" since .0003. Not such a good idea, is it? lolololol
That's why uplisting is going to be such a great thing-more doors open up to the big money. Win-win $$$$$$$$$
Blast off!!!!!!
Reading is fundamental:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156507810