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With virtually no debt and zero convertible note in existence there is no chance for any dilution down at these levels.
It's up to shareholders to determine whether they want to flip or hold for the bigger picture.
I am confident we are going to start seeing a consistent string of press on releases that will show what they've been working on over the last several months.
You don't hire someone like their COO, David Sterling, a 16 yr veteran with Sony Entertainment and their Playstation dynasty, without expecting to see strong results over time
Integrating Minecraft with MicroBuddies? Genius!
Minecraft Key Statistics:
Minecraft generated $380 million revenue in 2021, mobile revenue accounted for $110 million
Over 130 million people play Minecraft once a month in 2020
Minecraft has been sold in all formats over 200 million times
I'll bring up this stellar prediction often this week. That way people know who to listen to.
LMFAO!
Really? That an opinion or a fact?
This company has no convertible notes, so there is no one to "dump" other than shareholders themselves.
People shouldn't forget that this company went from .02 to .75 cents last year.
With only 80 million in the float we could see a repeat with some news.
No debt or convertible notes on this company. Only an 80 million share float which should allow it to move with the right type of news and audience.
An S-8 is a registration statement. Once it's filled there is no "extension" required. I'm this case, the company filed the S-8 under an ESOP which will allow for their employees to have a vested interest in the success of the company.
Last I checked, GMER meets all the required criteria and qualifications to maintain it's QB listing, so I'm not sure why anyone would pretend that it's in jeopardy.
Press releases are for material events. Not for letting go of a bunch of losers who never did a shred of legitimate marketing for this company.
I love armchair quarterbacks. Especially those who have to rely on Google and Wikipedia to obtain their expertise.
We should probably remember we are dealing with speculative OTC securities. Anyone who expects share buybacks from principles should probably step to the plate and buy shares in companies on the NASDAQ and NYSE.
My take? This is speculative, but this company has stellar management with a proven track record of success with their parent $100 million+ a year company. Last year they ran from . 0175 to . 75 cents.
Getting rid of RedChip was the smartest thing they've done in months and I'm betting they will start putting out news and attracting real attention from the street relatively soon.
They've done it before, they'll do it again.
You telling me if it's written on Wikipeda it must be accurate?
I hope you don't make your investment decisions the same way.
No, I don't have a "link" because I don't need one. I've previously held my series 3, 5, 6, 7, 24, 62, 63 and 79 securities licenses.
I paid my dues studying and passing my exams to gain the knowledge and know what I'm talking about.
That's the problem with Wikipedia....
Makes you smart enough to make you think you know something, but unless you have a background in the securities industry, you probably don't have enough information.
There are many guidelines under RULE 144. A six month hold pertains to debt conversions for public reporting companies.
Insiders buying shares in a fully reporting company must hold for 12 months and 24 months for non-reporting companies.
Then after the required holding period and dependant on the type of insider they will be required to file a Form 3, 4 or 5 and will be subject to volume restrictions of 1% of the previous weeks average trading volume when they want to liquidate over a 90 day period of time.
So, it's costly, a lot of work and an insider pretty much takes a back seat to us regular shareholders when it comes to selling the shares they went at risk on.
I think the company has plenty going on to show they're undervalued at this level.
No one should measure the current climate of the stock based on whether insiders are buying shares.
For the record, when an inside buys shares in the open market, the shares purchased automatically become restricted and are subject to SEC Rule 144 causing the insider to have to wait up to 2 years to sell.
That's a lot to ask from a group who do not get paid bank on this situation currently.
Except this company has never put out a "fluffy" press release.
Prove me wrong...
I don't know why anyone would expect them to use precious working capital to purchase shares of stock in the company when their float is already low. The idea was to raise capital to fund their operations not to buy back shares in order to appease a few shareholders
A Form 4 is a disclosure for beneficial change of ownership. How would that be construed as a positive? The fact that the principles aren't filling Form 4's is a positive because it means they aren't selling.
The principles stand to make nothing if they aren't successful with this company.
You don't seriously think they would let that happen, do you?
I'm not sure Jordan Axt took over the horrendous job RedChip did.
I'm sure the company has plans that we least expect.
Remember, if everyone knew the stock was going to be higher next week there would never be a buying opportunity.
What about this stock?
Patience is a virtue
Yes, very true. We should all be thankful that ViaOne came in and kicked Laken and his crony Vik out of the company back in 2018, which ultimately protected the shareholders from his crooked ways.
Shake out from the scumbag funders at HCWainright who were holding warrants. This shakeout is minimal and will be a non-event.
JMHO
Obviously, if you own equity in one asset and then merge another asset that you own your equity ownership goes up proportionately. Plus, ViaOne owns 9 brands doing over $200 million in revenues per year and Dorwart could elect to merge one, two or all 8 other brands into GMER.
It doesn't have to be all our none.
Just my two cents....
Now, now, if you go around telling the truth about this company not having increased a single share in the float in over 6 months it will mess up the "printing shares" narrative that some would like the feeble minded to believe.
#truthmatters
For the record... GMER came into existence as a spinoff from CMGO. Hence, the relationship to Laken who has a very long history of illicit activities with the SEC and whose license was already revoked for life in the securities industry.
ViaOne became involved in GMER as an investor only. When Laken and his crony Vik couldn't pay back the loans ViaOne took control of the company through various default provisions in the notes to protect their investment in the company. Once they had control they got rid of Laken and Vik although Laken got rich off the shares he issued to himself from the original spin-off.
Hopefully, people will do their research and see that there is no current relationship with anyone at GMER and this scumbag Laken. Nor, does he own any shares in the company.
I hope Mr. Laken gets everything he deserves from screwing over ViaOne and all the GMER shareholders that bought his shares at higher levels through his apparent manipulation of the stock.
Right, they never "marketed" when the stock went from .02 to .75 cents last year. Brilliant!
Can you imagine what would happen if they decided to do it again?
Who will be the smart longs and who will be the lone idiot sitting on the sidelines keeping their big trap shut?
If there were a "pump and dump" we would see an increase in the float "the dump"
Of course, we haven't seen a share enter the market in months, thereby dispelling such foolish and unwarranted opinions.
Agreed!
Well lately the PR's have had RedChips name as a contact.
Hopefully, that changes soon.
Pretty sure if people actually read the financials of this company they would be able to disseminate accurate information instead of giving opinions that they state as facts.
For anyone to say this company is nothing more than a shell shows they have never done an ounce of due diligence into the company or read their financial statements
This company has never put out a single press release that anyone with a brain would consider to be fluff.
Material events matter, which is why this company is careful about what they release to the public.
How about this....
They put out news when they feel something is newsworthy as opposed to putting out fluff to keep shareholders happy?
First, it doesn't matter whether Dorwart is under 4.99% or not. As an Officer of the company, he has to file a Form 4 with the SEC, which is publicly disclosed if he wanted to sell a single share. Additionally, his intent to sell form would state how many shares he expects to sell over next 90 days and he is subject to selling restrictions of .01% per day based off of the previous weeks average volume trading activity. With our weak volume activity, I doubt he could sell enough to fill up the tank in his car every week.
Also, an S-8 is an SEC registration statement commonly used for the issuance of shares to employees under an employee stock ownership plan (ESOP.) This was the mechanism used to issue the shares and has nothing to do with each individual employee's intent to sell.
I highly doubt any employee would sell a single share at these levels.
I'm always dodging bullets ??
As long as McBride is out there scamming investors I'll be a hemorrhoid in his ass.
That douchebag McBride is actually promoting his new snake oil NXT LVL under ticker LTNC on the TBEV Twitter page.
Seriously, this guy has balls pitching his crap to the shareholders he burned in TBEV
Yes, because the S-8 is going to document all shares that were issued under the ESOP in order to prevent the need for future fillings concerning the issuance of shares for the ESOP. This is standard in order to remove the restricted legend off of the securities. Hence, converting them from restricted to free trading stock under a registration statement.
The S-8 was issued out of regulatory compliance in order to issue free trading shares to employees. Doesn't mean they have any immediate intent to sell.
No employees of the company are selling shares. That's for sure.
Yes, except everyone running this company has been involved in either scams or total failures. Definitely not the types that want to report anything to the SEC.
Yes, they were denied access due to pump and dump activities.