Probably eventually? Won't be June? Iffy in July? Thanks for that definitive fact based answer, lol.

Yeah, Brian said some of the new business didn't get assimilated due to the virus, but will show up in the next quarter. I'm glad to see the continued growth either way.

I think Brian didn't want to say too much. Under-promise but over-deliver, imo.

Nice, some choppy price action today. Market makers playing with the spread.

The dd says otherwise:


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154830424

More updates coming soon-so much in the pipeline.

Very nice, big volume on the up days, small volume on the pullbacks. Majority of investors are holding their shares, looking good for the next leg higher, IMO.

Last post of the day, see ya in the am.

LOL-what??? How does an insider sell shares "via a shell corporation?" WTF??? What "suggests" that?? Which "shell corporation" is that?? That's one of the funniest things I've ever read. That makes no sense at all, and is 110% false, but thanks for the laughs, lolololol....

Might as well say GMGI is diluting through AAPL, lmao!!

Dare I ask-got a link for that??

Nope, lol-that's pure fantasy, lololol

Thanks though, I'm still laughing

Worth repeating:


GoingLong30 Wednesday, 06/03/20 01:53:11 PM

Post #
42081
of 42118
Goodman’s plan:

Rise from penny stock status, expand into esports and fantasy, uplist to nyse or nasdaq

How:

Reverse split, updated audit, raise share price and assets to qualify. Come back to US, Launch esports platform, expand into fantasy, continue scaling current business. Sales team continue to vett and expand on current operators.

Possible merger or acquisitions

Players involved:

NY investment firm with controlling interest in Ocean, an Atlantic city casino
Viewtrade securities, experts on Ipo’s and funding
Mr. Goodman himself and vast network of APAC and gaming connections.

Good consolidation day, lower volume, higher low on the dip, looking good. gn GMGI shareholders

Thanks tg :)

Agree, looking out for shareholders :)

More great stuff for those who care to read the DD, nice!

I also see a further reduction in liabilities, making this that much closer to being a DEBT-FREE company.

Great summary!

Those are not a concern to me either. Look, in business you try to make deals to grow & expand the business. Many times, deals fall through and both parties walk away without a deal-happens every day. You heard Goodman say on the cc that they have operators who are interested in GMGI's GM-X platform, but Goodman doesn't want to do business with them, as they are not a good fit or wants to avoid any "shady" characters. GREAT-I want Goodman to fully vet & be 110% positive that whoever they do business with is going to be a good partner. If Goodman mentions a merger or whatever, I trust he is doing his full due diligence, and if a deal does not work out, it is not the end of the world. Wait for a better opportunity. Meanwhile, GMGI's core business is still growing & profitable.

I don't believe it is Goodman's intentions to give investors "false hope" or "over-hyped promises." I think he is genuinely trying to keep investors engaged. Look what the stock did when they just reported growing revenues & profits-the stock did nothing for a year. Then when he talks of a possible merger or acquisition, the market gets excited. That's the otc market. Now you see why he wants to uplist, where revenues & profits get investors excited without the otc "hype & bs."

Goldman Sachs has nothing to do with GMGI-those "concerns" are unfounded. If you're talking about some biotech or whatever, hey-those things are risky.

Exactly-and that's in addition to the business that GMGI already has, which is growing also $$$$$$$

Except here's the problem-GMGI's revenues were RISING before the pandemic-and will continue rising. Online is here to stay $$$$$$$$$$

Red, green, blue, purple, orange-makes no difference. GMGI is a long term winner $$$$$$$$$$$$$$$$$$$

That works for me. Nice consolidation day yesterday-clear out some weak hands; chart was a little hot, needed a day to cool off. Although if news comes out and we run 100%, that's fine too :)

Yes, it is a large investor:


https://www.linkedin.com/in/brianhermanviewtrade



So we have at least 2 large "institutional type" investors (Thomas McChesney) being the other. I think I'll put my trust in them knowing what they're investing in ;)




Last post of the day, gooooooooooo GMGI

Hahahahahaha!!! ;)

What are you talking about? That makes no sense.

Lol, transparency? You should have called in and asked your questions. I heard the CEO was hiding in a dark closet somewhere, but ooops-nope-he's front & center answering investors questions. Too funny.

That was in the past-the future looks bright for GMGI-don't listen to me, listen to the cc.

You didn't listen to the cc. Investors are thrilled with the company & it's progress, and future outlook.

Sell GMGI & buy some other toxic diluting junk then, lol.

And the stock is up over 400% in a year-ok, lol.

Oh wow, I guess we close up shop & go home right? Lol, the market been open 20 minutes. Let's see where the next 6 months takes us, sheesh.

No, incorrect-it's great for GMGI. It keeps costs down for GMGI, benefiting us shareholders. Also, GMGI is in the process of hiring a new CEO, so that will be a moot point-time to load back up ;)


Notice of the Filing of a Labor Condition Application with the Employment and Training Administration

An E-3 nonimmigrant worker is being sought by Golden Matrix Group Inc. through the filing of a labor condition application with the Employment and Training Administration of the U.S. Department of Labor.
One (1) such worker is being sought.
This worker is sought as a Chief Executive Officer.
A wage of at least $258,000.00 per year is being offered to this worker.
The period of employment for which this worker is sought is 09/01/2020 to 08/31/2022.
The employment will occur at the following locati on: 3651 Lindell Road, Suite D131, Las Vegas, NV 89103.
The labor condition application is available for public inspection at the offices of 3651 Lindell Road, Suite D131, Las Vegas, NV 89103.

"Complaints alleging misrepresentation of material facts in the labor condition application and/ or failure to comply with the terms of the labor condition application may be filed with any office of the Wage and Hour Division of the United States Department of Labor."



https://www.goldenmatrix.com/Careers.html

No specific date-a couple more weeks he said.

Lots more news coming soon, excited for the future here.

Loving the growth here with GMGI-and soon we will be offering esports betting to the same subscribers-win-win!

That's exactly how I see it. The salespeople are most likely commissioned sales reps, so they are not paid health insurance, vacation pay, etc etc etc to keep expenses down and therefore GMGI benefits from low-cost subsidiaries.

You got it, nice summary. The A/S has already been reduced to 40M (From the Sec'y of State NEVADA):


GOLDEN MATRIX GROUP, INC.Entity Number:E0357962008-6
Entity Type:Domestic Corporation (78)Entity Status:Active
Formation Date:06/04/2008NV Business ID:NV20081267768
Termination Date:
Perpetual

Annual Report Due Date:6/30/2020
REGISTERED AGENT INFORMATION
Name of Individual or Legal Entity:UNITED REGISTERED AGENTS INCStatus:Active
CRA Agent Entity Type:Registered Agent Type:Commercial Registered Agent
NV Business ID:NV20161093676Office or Position:
Jurisdiction:NEVADA
Street Address:701 S CARSON ST STE 200, CARSON CITY, NV, 89701, USA
Mailing Address:
Individual with Authority to Act:
Fictitious Website or Domain Name:
OFFICER INFORMATION VIEW HISTORICAL DATA
Title Name Address Last Updated Status
President ANTHONY GOODMAN SUITE D131, LAS VEGAS, NV, 89103, USA 06/18/2018 Active
Secretary WEITING FENG SUITE D131, LAS VEGAS, NV, 89103, USA 06/18/2018 Active
Treasurer WEITING FENG SUITE D131, LAS VEGAS, NV, 89103, USA 06/18/2018 Active
Director ANTHONY GOODMAN SUITE D131, LAS VEGAS, NV, 89103, USA 06/18/2018 Active
Page 1 of 1, records 1 to 4 of 4

CURRENT SHARES
Class/Series Type Share Number Value
Authorized 20,000,000 0.000010000000
Common 40,000,000 0.00001
Page 1 of 1, records 1 to 2 of 2
Number of No Par Value Shares:0
Total Authorized Capital:60,000

No competition-that other stock doesn't even have revenues and is loaded with massive debt. That's probably what Goodman was referring to today when he said that some companies just claim to be an esports company and don't have an idea what they're doing & just take big salaries. If that stock can trade $7+ on the NASDAQ, GMGI can easily be $10+/share.



GMGI:

Golden Matrix Provides Update on Corporate Steps Being Taken in Calendar 2020 to Increase Shareholder Value
Expansion of Core Business Revenues and Profits with Addition of More Gaming Operators.
Strengthening Corporate Governance with Addition of Independent Directors with Varied Backgrounds who Support the Company’s Vision.
Satisfying All Requirements to Uplist to a National or International Exchange Later This Year.
Optimizing Strategic Opportunities and Relationships that May Lead to a Merger or Acquisitions of New Business Lines.
Strong Balance Sheet And Cash Position To Support Gmgi’s 2020 Objectives With No Capital Raise Currently Needed Or Anticipated.


Last post of the day for me, gn GMGI shareholders

THIS IS THE REAL DEAL FOLKS-HOPE YOU'RE LISTENING $$$$$$$$$$$$$

GMGI-Golden Matrix Group, Inc.
@GMGI_Group

$GMGI - We hope to see all our shareholders and investors on the call today.

5 minutes folks.

$GMGI - We hope to see all our shareholders and investors on the call today.

5 minutes folks. https://t.co/o1B3vYE6zz

— Golden Matrix Group (@GMGI_Official) June 1, 2020

Company tweet:


GMGI-Golden Matrix Group, Inc.
@GMGI_Group
Replying to
@MalinStudios

After the conference call there will also be some time for a Q&A session where investors and shareholders can ask questions that have not been covered yet. $GMGI
12:29 PM · Jun 1, 2020·Twitter for Android

After the conference call there will also be some time for a Q&A session where investors and shareholders can ask questions that have not been covered yet. $GMGI

— Golden Matrix Group (@GMGI_Official) June 1, 2020