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So???
Anyone who wants to be taken seriously should probably get their facts straight and also know the difference between a civil case and a criminal case.
Additionally, just because you read listed ingedients on a can doesn't mean that you are getting the full breadth of the process and formulation. Coca-Cola would be an excellent example of this.
Anyone who thinks GBB Labs would spend the money to file a $53 million claim for baseless reasons either lacks common sense or has problems with dealing with the truth.
First, the lawsuit has been deemed valid and is already in front of a judge.
Second, this is a civil case not a crimibal case so there is no prosecutor.
If Celly Nu is foolish enough to try and put their drink into production with a formulation that was stolen they will most assuredly get hit with a restraining order and will be forced to wait until the outcome of the lawsuit or subject themselves to unnecessary litigation.
I never claimed a dispute of contract. Those were your words not mine.
I claimed theft of IP by reverse manufacturing a drink after FD Pharma signed an NDA and had been given samples of the drink and proprietary information regarding the formulation of the drink.
What did FD Pharma have that GBB wanted?
Cash and stock!
Great business people don't steal the ip of another company and call it their own.
Hence, the $53 million lawsuit that should they lose, HUGE will never recover from.
I wouldn't be on that one. I expect the company to launch its new mobile idle game in February.
Listen, you want to be pro FD Pharma and believe these Canadian conmen were able to develop a billion dollar revolutionary drink in a couple of months, then you deserve everything you'll get at the end of the day.
First, it's not my lawsuit so I don't know where you would think I would start coming up with documentation.
Second, I never said anything about an executed agreement. I said there was an agreement that had been drawn up specifying terms which included cash and stock in FD Pharma.
Obviously, you can't sue for an agreement that wasn't executed. However, it's an important piece of evidence in proving just how deep the relationship was before FD Pharma thought it was better to steal the drink than pay for it.
Are they even in business? I tried calling the number on their OTC Markets corporate profile and it's to a different company.
Actually, you're the one with no substance. The facts will bear out and anyone who is long this stock will be a sucker.
Yeah, that's never going to happen. They hitched their wagon to a bunch of frauds at FD Pharma.
You'll see it come out in discovery in the lawsuit.
They should have thought about that BEFORE Safety Shot went out and procured another deal. Now, SHOT raised the capital they needed on their own and FD Pharma doesn't get to reverse manufacture the drink and profit from something that they never paid for.
From what I understand, the lawsuit is based upon an agreement that was made and drawn up, but never executed by FD Pharma. It seems like they dangled the carrot long enough to acquire enough due diligence information to be able to create the drink themselves. Had they not signed the NDA and entered into talks to acquire the company, which was what gave them access to the due diligence information, they would have never been able to reverse manufacture the drink and call it their own.
Think about this timeline....
They get access to all of GBB's information, formulation and samples by signing an NDA and negotiating terms to acquire the company and within weeks of the agreement being drawn up but not executed, they ghost GBB and come out with a press release stating they are going to start a new division to look into "alcohol abuse." Then two months later announce they have created a revolutionary drink that lowers the BAC in a person.
Essentially, we should believe that they were able to create a new drink in two months that took GBB several years to create. And oh, access to the drink and formulation from GBB had nothing to do with it.
They were betting that between GBB's financial situation at the time and HUGE being a Canadian based company GBB would never be able to afford to go adter them.
Big mistake!
That isn't year end tax selling that's people jumping ship.
Bunch of suckers that are going to jump ship once FD Pharma loses the lawsuit.
I believe $53 million was the value of the contracted agreement between the two parties before the drink went to market. This amount represents a "fair value" to the claim for damages.
As for the Capybara report....
They are being sued for the information they disseminated about the company while holding a short position in the stock. People who live in glass houses shouldn't be throwing stones.
SHOT is flushed with cash and has the ability to pursue legal remedies against anyone who they feel have damaged the company.
No doubt, HUGE made a big mistake trying to pull a fast one on this company. I wonder what Kevin Harrington thinks after dragging the good names of his buddies from Coca-Cola and Celsius into this mess.
You would have to ask GBB Labs (Safety Shot) how they derived that amount. I believe they had come to an agreement for the licensing rights to the drink for cash and stock totaling that amount before FD Pharma ghosted them and then lied to the public about "creating a new division" that somehow created this drink in less than 90 days. This is the original reason why there was an NDA in place and why FD Pharma physically visited GBB's lab and was provided samples of the product.
It tells you a lot about the people running FD Pharma when you try to defraud a company and their own shareholders like this.
I doubt "Unbuzzed" will ever be released. I'm sure a restraining order to prevent production until this matter is resolved will be implemented.
As for the merit of the case.....
Considering Safety Shot's R&D was comprised over several years as opposed to 3 months for FD Pharma combined with the fact that FD Pharma signed an NDA with GBB Labs (now Safety Shot), physically visited their lab, received samples, was exposed to the formula, then "miraculously" ghosted the company and announced their own version 3 MONTHS LATER, I would say the case has significant merit.
Who ever said, "Trust us with your money?"
Smart investors know that when they buy stock in the market the proceeds from their purchase do not go to the company.
Operative word is "smart"
What video? Where can we see it?
This is what happens when a company tries to steal another company's IP. The company who's IP they stole, Safety Shot (SHOT), has gone from $1 - 5 a share while this stock tanks.
That's what happens when a person doesn't have anything else positive going on with their lives. They are content with pissing on other peoples cornflakes. Focusing and spreading negativity makes them feel happier.
Is this company trading under new symbols?
If that were true then every major corporation should be considered a failure when a subsidiary doesn't perform.
What kind of reasoning is that?
Private corporations have no need to audit their financials. Anyone can dig to find out how large the corporation is.
Is that a fact? Gee, listening to you one would never know that the executive team also run a successful $200+ year company comprised of eight additional brands.
Negativity breeds negativity which never makes money in the market. Stocks go up and stocks go down. Most times in the OTC, the best time to buy and hold is when a stock is down and out of favor.
Always be leary of those with nothing better to do than to piss on your cornflakes. Especially, when they do it every single day.
Celly Nu will be bankrupt before they ever get started once the IP that HUGE stole from Sure Shot is yanked. What kind of moron starts a company for a "revolutionary" product after the company they have the licensing rights from gets sued for $53 million for stealing the IP? I thought Kevin Harrington was suppose to be a smart guy?
Yes, very few OTC companies make it. Every investor should know this before investing in the OTC. It certainly would help with all the crybaby whining I see.
At least Good Gaming continues to try new innovative things. All it takes is for one effort to go viral and it erases all the failures in the past. That's the way the gaming industry works.
No one makes money harping on a company's past. If there is money to be made it will be in their future.
Sounds like you don't know how mobile app games are monetized.
Ignorance is bliss in these parts.
The company raising $3 million in capital for over 3 years worth of operations and expenses is a far cry from the company milking anyone.
The word milked should only be applied to those select investors who still need to be breastfed.
Newsflash.... Anyone who invests in the OTC market should be prepared to take risk. Additionally, when a person buys stock in a company, the money does not go to the public company so no one has been "fleeced." If a company fails to meet its objective then welcome to the real world where 95% of OTC companies fail to meet their goals.
People need to grow up and either move on or be patient and wait to see if GMER's next move will be successful. At least they are transparent and keep trying to hit a homerun.
New post from Fluxty and what we should expect from his team......
It’s time to talk about Galactic Acres! Let’s start with a high-level overview of the game:
WTH Is Galactic Acres?
Galactic Acres (GA) is set to be a free to play idle clicker game which will be available for Android (at launch) and iOS (later). In Galactic Acres, you run a sanctuary for creatures around the universe, protecting them from the dangers of space. The creatures in your sanctuary are productive and generate revenue, which you can reinvest into recruiting even more creatures.
But Galactic Acres isn’t all peaches and roses. There are many dangers lurking in space, threatening the community you’ve built. To protect your sanctuary, you’ll have to employ armies of aliens to battle it out with space pirates from across the galaxy. Fortunately for you, you’ll be able to plunder the plunderers you defeat for handsome gold rewards!
Who is Galactic Acres for?
GA is for everyone, not just Web3 gamers! It’s also free to play, so there needs to be as little friction to playing as possible to achieve adoption — and pre-requisite knowledge of Web3 is a major point of friction.
With that in mind, even though GA contains NFTs, it requires ZERO knowledge of Web3 to play, and there are also NO transaction fees or any other blockchain requirements in the app.
Additionally, we are collaborating with ViaOne, who’s Assist and enTouch Wireless companies provide free, government sponsored phone service to low income individuals and families. Our games are going to be pre-installed on tens of thousands of their devices every month, and will possibly exceed 100,000+ per month in the future. While exciting, providing games to this audience creates some interesting design challenges that are worth talking about, so you know what to expect when GA launches.
GA Design Challenges
The first big design challenge was the spec challenge. Because these government sponsored devices are not as high-end as a flagship smartphone (often $1000+), we needed to create a game with simple 2D graphics that could still be successful with general consumers on higher end devices. Luckily, some of the biggest successes in clicker games show that not only is it possible to succeed with simple graphics, it’s often preferable in this genre.
Next, we needed to keep our vision for Web3 alive while appealing to an audience that has likely never engaged with Web3 before. This is where we “abstracted” away all of the complexity of blockchain from the user’s view. The game will play exactly like a traditional mobile game. It will be monetized exactly like a traditional mobile game, except with one critical addition — If you are interested, you can withdraw certain in-game assets to the blockchain, or deposit them from the blockchain back into the app.
What are the in-game assets?
The first items we are tokenizing in the app are skins. You’ll learn more about skins as we reveal gameplay, but they are essentially cosmetic enhancements for your character that also grant a myriad of gameplay bonuses. Skins are going to be a really important element in Galactic Acres, as the gameplay bonuses let you custom tailor the gameplay to your preferences, and the aesthetics let you achieve the look you desire most.
Every skin drop will be sold as an in-app purchase through the standard Play/App store, but with a limited supply! If there’s a specific skin you want that is sold out, you’ll either have to settle for another skin or trade for the one you want on the blockchain.
GA will also feature an optional “vault”, so that if you do choose to get into the blockchain side of the game, you’ll be able to setup and manage a GA specific crypto wallet directly from the app. The vault will be able to send and receive in-game assets over the Polygon network.
The entire skin system won’t be immediately available until shortly after launch. MicroBuddies Divine holders (and possibly other types of MB holders in the future), will be entitled to exclusive, MicroBuddies themed skin drops when they connect their accounts (100% free).
In Conclusion
On a personal note, the MicroBuddies community is at the heart of the work I’m doing here. Improving the core experience in the MicroBuddies base game is also top of mind, such as reducing gas fees, fixing long standing bugs, and addressing GOO inflation/maxed out buddies. I’m sure we will have more discussions on this topic in the future.
We as a company are excited to bring you all Galactic Acres and offer free drops for our community. GA is just the first part of a larger, long term vision for Good Gaming, and I hope the MicroBuddies community will stick along for the journey.
Thank you GOO farmers!
An OTC company that needs capital?
Stop making the norm look like something extraordinary.
At least GMER has a parent company that does $200M+ a year in revenues and has enough skin in the game to make sure their needs are met.
Find me one OTC company that doesn't have a "Going Concern" disclaimer in their financial statements.
Good luck!
Please share with us the data you've collected on "share compensation" and how it relates to any type of signiificant dilution.
I ask because I know you won't be able to, although I will say the average OTC investor isn't concerned with a company that issue shares of stock as a form of compensation. They're worried about shares issued to satisfy toxic convertible notes, of which, this company has none.
That's funny.....
I've never seen a pump and dump scam with no "pump" and no "dump."
Whether the purpose is fear mongering, malice, or just pure ignorance, it's a baseless statement devoid of the actual facts.
Let me clarify.... a $53 million judgement against HUGE for violating a NCNDA and stealing proprietary information?
No basis of actual facts for any of those baseless predictions.
Prove me wrong.
Trajectory should start seeing revenues in about 6 months between preloaded games and advertising revenues.
No need for anyone to continue making things up.