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Or maybe it's because MYGG isn't even sure they can claim any revenue the game made until the court case is settled and they figure out who actually even owns the game?
Definitely looks like a reversal is gearing up though. Can't wait to see where the pps is sitting once the PRs start rolling out. Sellers at these levels are pretty much gone and the rest of us have proven to be strong hands who are holding for much better gains. $VTXB$
Good post. Spot on.
After reading the terms of the merger I was wondering if that's even final either?
"Upon OBJE and its joint venture partner successfully completing certain milestones, which include demonstrating a launch-ready Android game, securing game imbedded brand sponsors and product placements, and raising approximately $1 million in additional funding for game development and operations, OBJE will finalize a definitive merger agreement to be brought before the shareholders of the Company, to consolidate the joint venture and the company’s joint venture partner into OBJE."
Not sure, but I don't think the million dollars was raised... Can the merger be reversed?
Good point. BTW, don't you have a pacer account?
Maybe MYGG is trying to distance themselves from Danny, because of the lawsuit his previous employer has against him, which was just amended to include MYGG in the suit as well.
"This action consolidates two cases, No. 5:14-CV-173-BO and No. 5:14-CV-157-BO, which were filed in this Court. Plaintiff iEntertainment ("iEnt"), a North Carolina corporation, filed one ofthe cases against its former employee, Mr. Hammett, and his affiliated entities. Prior to being served, and without knowing that iEnt had filed an action, Mr. Hammett and Great Outdoors, LLC ("GO") filed a case against iEnt concerning a proposed asset sale that was never consummated. This Court entered its consolidation order on May 28, 2014. On June 18, 2014, plaintiff iEnt filed a motion to amend its complaint. Plaintiff iEnt seeks to amend its complaint in order to add My GO Games, LLC ("My GO") as a new defendant in this action and to bring a new claim for relief against Mr. Hammett for violating the non-compete and non-solicitation provisions of his Employment Agreement with iEnt."
http://leagle.com/decision/In%20FDCO%2020140808C57.xml/iENTERTAINMENT%20NETWORK,%20INC.%20v.%20HAMMETT
Looks like Danny got MYGG wrapped up in his mess as well and it may be in the boards best interest to end their association with him. Either that or the lawsuit is related to Danny's breach of the company's code of ethics. All IMO of course.
Thanks for posting. Looks like they're doing things by the books.
Hoping to get my avg. below .01 in the next few weeks. VTXB
You know nothing of revenue until the quarterly is released. And Danny's salary was for the position he just resigned from, not for some unspecified "work" he may or may not do for the company.
So does he still get his $300,000 salary? Hopefully not for you guys. Company would've had to dilute to pay him.
Wow!!! Looks like Danny did it again! At least you guys were made aware of his departure this time...
Wonder how certain members of the board are gonna try to spin this one...?
In at .0007. $AVEW$
I have a hard time believing that as well... which is why I asked which MM it was? Just trying to figure out if it was retail or not.
What MM is on the ask?
I might sit on the bid today... as important as slapping the ask is, having a reasonable spread and keeping the bid over .01 is just as important IMO.
If support is good I'll probably slap with you once or twice though. GLTA and go VTXB!!!
Nice uptick on the bid! Getting ready to break out!!! VTXB
Blah blah blah... Still can't prove that Big game hunter brought in 2 billion in revenue huh...lol
Oh, and BTW... posting negative comments isn't against TOS. As long as it's on topic I'll post whatever I want!
Good stuff Haji! Thanks for taking us to new HOD!
No prob. This is a good board and we're all on the same team here.
Bid uptick looks nice! Have a great weekend all.
Just slapped for 17k. Would be great to see a finish over .012! GLTA and go VTXB!
How about some links with sales figures to back that up? Nothing else counts as verification.
He's also lying about the 2 billion in sales for Big Game Hunter. Can't wait till financials come out and they show next to nothing revenue-wise from those crappy games they make. The reviews have just been getting worse and worse too. I doubt they make more than a couple thousand bucks at most.
https://play.google.com/store/apps/details?id=com.mygogames.gohunting.archery
You too pal. GLTA and go VTXB!!!
Just happy to see no bid whacking yet... Hoping that next week is the week we've all been waiting for. Once we get that form 10 filed the PRs will start rolling. Then these prices will seem like a gift! GLTA $VTXB$
I slapped right after you. Figured I might as well while the 1s were still there. VTXB
Yup. Anyone getting an entry point at this PPS is gonna do damn well once the PR's start coming. Should be soon... they're testing our patience, but we should be hearing something by next week. Probably why they're shaking the tree so hard...
Just raised my bid to .0087. Pretty hard to believe we're down here, but I'll continue to take advantage of these prices while I can.
Does anyone know what MM the pm trade was?
Ask thinned out and over 100k on bid now. Starting to get exciting! $$VTXB$$
Yup. Must've cleared out a seller with all that volume yesterday. Going green soon. VTXB
Good stuff Prophetable! Very informative post.
Definitely. Seems to be a couple of sellers out there, but the ask remains paper thin here and once we get a little volume it should pop hard. Form 10 coming any day now... then the real news starts flowing.
I hope people have been taking advantage of these prices while they're still here... I sure have! Best of luck. $VTXB$
Got some of those .0118s. Thanks for the cheapies!!!
Form 10 was always supposed to be in the second half of August, so saying news in the next 2 weeks is pretty much what was already expected.
Agreed. Dividend should be in my account by now!
No wonder the pps just keeps spiraling down the tubes... management can't be trusted. I'd get ready for another big disappointment as far as financials go... no reason to believe otherwise.
Yeah, definitely been tough to watch for the last week... Seems like someone is trying to walk us down even though if peeps laid off of the bid whacking, we could have just as easily been creeping up throughout the same time frame.
No one's gonna scare me out of my shares though. This has all the makings of a big runner and I, for one, will not be that guy regretting my decision to sell when I see this ticker popping! Filings should come through in the second half of August, like was originally stated and should give us the shot in the arm we need to start a hard reversal in the PPS.
Still waiting to hear what they're gonna do with that 500k financing deal they got. Hoping for a massive advertising campaign coming soon! Plenty of catalysts to get us heading in the right direction PPS-wise. Trust your DD and know what you own. Best of luck! VTXB
Just did some quick figures and saw that we've pretty much traded the entire float here since the merger. Not sure how many shares our sellers have left, but you wouldn't think it's much, unless we've got some truly masterful flippers at work here. Any significant news should send us flying though, so GLTA. $VTXB$
Thanks for the reply. Hopefully shouldn't be too much longer in scottrade. GL
Does anyone have mngg in their accounts yet? Still ytrv on scottrade.
LOL, very true. If anything I think the snowboard game sounds like a good idea and a better fit for the mobile market.
Question: What did you think about the aiming? I've always thought precision aiming on a mobile device would be kind of tough...
Wrong. It's free to download. Where did you get $1 from?
https://play.google.com/store/apps/details?id=com.mygogames.gohunting.archery