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No, that's incorrect. Waiting on FINRA-simple.
Lol-got proof?
#FACTSMATTER
Yup, good post-same thing I've been saying for over a year now-check my posting history ;)
GMGI is a rare otc stock-no toxic debt, revenues & profits-watch $$$$$$$$
Because this is part of the plan to uplist and get off the otc. A higher exchange (NASDAQ) will expose GMGI to institutional investors who have much larger sums of money to invest than the average otc investor. Just multiply the share price times 150 at whatever the price closes at before the RS.
1 day or 1 week does not make an investment-long term GMGI is a fantastic growth company in the early stages of the cycle.
GMGI is most likely partnering/merging with a much larger company-should be comparable to the other gaming/esports stocks on the NASDAQ, imo.
Gotta step out for an hour or so, be back later-gooooo GMGI
Absolutely, looking forward to it.
Agree: “There are over 1.2 billion gamers worldwide, and popularity for E-sports continues to increase rapidly,” said Golden Matrix CEO Brian Goodman. “We believe this new E-sports offering would not only allow GMGI to generate additional revenues from our existing distribution base, but also provide an opening for us to expand beyond the Asia-Pacific region and enter the U.S. and other markets.
Chart is looking very good, doesn't take much volume to move this up-looking for another 50 to 100m volume day to drive this .02-.03 range.
Yes, those were 2 years ago. Since then, there have been 8 profitable quarters in a row-going on 9.
There have been 8 consecutive quarters of net profit, the next quarterly report (due within the next few weeks) would be the ninth.
Golden Matrix on Track to Record Sixth Straight Quarter of Rising Revenues
Fourth quarter revenues expected to exceed $780,000.00, a 6% improvement on third quarter revenues of $737,169
LAS VEGAS, NV, July 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Golden Matrix Group Inc. (OTCPK: GMGI) a technology-driven company that designs and develops social gaming platforms, systems and gaming content, today said that for the fourth fiscal quarter ended July 31, 2019, it expects to report revenues exceeding $780,000, a 6% improvement on revenues of $737,169 generated in its third quarter ended April 30, 2019.
Fourth quarter 2019 revenues are also expected to be a 54% improvement on Q4 ’18 revenues of $510,656, and would make it the company’s sixth consecutive quarter of rising revenues.
https://www.goldenmatrix.com/News5.html
True, although there wasn't much volume back a few months ago-hard to get any meaningful trades if that is one's strategy.
No argument; I just don't see why a "quiet board" is a "problem" or "preference." I actually DON'T want a quiet board-we had a quiet board and a share price that went nowhere for 1 year. Do you want a "quiet" board and a stock price that goes nowhere? I sure don't, but to each their own.
If excessive "pumping" or enthusiasm is such a bad thing, change the channel.
Lol-this stock does not have a "6 billion share float." lol
What "percentages?" What does that even mean, too funny!
The chart is doing the talking, imo. What matters in the long term is the success of the business.
Oh yes, very nice :)
This board was quiet because NOBODY WAS BUYING THE STOCK AND THE PRICE WASN'T MOVING. Now that the stock has run up, now the board is active. That's how the stock market works. No one wants a stock that's just sitting there, but when it runs up, now it's a main attraction. EVERY SINGLE STOCK.
“Time is the friend of the wonderful business, the enemy of the mediocre.” – Warren Buffett
“If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.” – Warren Buffett
“The stock market is designed to transfer money from the active to the patient.” – Warren Buffett
“Remember that the stock market is a manic depressive.” – Warren Buffett
"All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies."
I used a Warren Buffett approach to investing here. I was ready to hold the stock for 10 years if necessary to reach a fair target price. As long as the business was/is doing well, it's a buy/hold investment, imo. I see continued growth here with GMGI.
No, we are excited about growing/expanding revenues, increasing profits, no toxic debt, entry into the relatively new sector of esports with several partners, uplisting to a higher exchange, etc etc etc
Multiple the share price (.0142) times 150. A share price of $2.13
Exactly!
It may "look" like it, but there has been zero dilution in the past year:
Shares Out
2,845,318,757
05/01/2020
https://www.otcmarkets.com/stock/GMGI/profile
As of May 28, 2019, there were 2,845,318,757 shares of the registrant’s $0.00001 par value common stock issued and outstanding.
https://www.otcmarkets.com/filing/html?id=13475630&guid=uuFHUq-7WJ-sc3h
#FACTSMATTER
Whew! That would work for me :)
Yes, agree-holding long here.
That I don't see happening.
I've speculated with a .02-.03 pps, it's within our sights.
Either way, this is a great opportunity to invest in a growth company in the beginning stages, imo.
Now THAT'S a great question! ;)
Yes, I think there's a blockbuster deal in the works.
“There are over 1.2 billion gamers worldwide, and popularity for E-sports continues to increase rapidly,” said Golden Matrix CEO Brian Goodman. “We believe this new E-sports offering would not only allow GMGI to generate additional revenues from our existing distribution base, but also provide an opening for us to expand beyond the Asia-Pacific region and enter the U.S. and other markets.
It sure is :)
That could be a possibility-there's a few different ways they can go:
LAS VEGAS, NV, May 11, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Golden Matrix Group Inc. (OTC:GMGI), a developer and licenser of social gaming platforms, systems and gaming content, today announced it had entered into discussions with multiple parties to design and launch an E-sports peer-to-peer betting application that can be integrated with the company’s GM-X gaming platform. The planned web-based solution with a mobile interface would make it easy for gamers to connect and compete for cash.
“Currently, we service over 310 casino operators; and discussions with some of our larger operator clients have suggested there is already solid demand for such a project. By leveraging our tried-and-tested systems and extensive gaming knowledge, Golden Matrix now has a timely opportunity to capitalize on the meteoric rise of the electronic sports industry.”
https://www.otcmarkets.com/stock/GMGI/news/story?e&id=1599311
That's what I see as well-I think GMGI has found an even bigger opportunity in the esports sector. Also, it looks like we may be getting a new CEO who has more experience in that area. Goodman has set up GMGI for great success moving forward; eliminating toxic debt, cash in the bank, revenues, profit margins-and after the RS, a great share structure.
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
Agree, I've seen some $25k+ bids throughout the last couple of weeks. Looks like some big buyers are accumulating before the uplisting. Why pay $2, $3, $4/share when you can load up in the .01's.
Nice & steady accumulation, we had the one day it went up crazy & pulled way back. Now it's stabilized & I also think we see a steady increase in share price with minor dips/pullbacks along the way.
Good day of churning, enjoy the w/e GMGI shareholders