Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is why we really need to thank all the penny pumpers in the past month or so because they bought up all our debt for us and now we are starting to open up on to blue skies IMO BETS
The company mentioned in the PR from a month ago give them about 6 months to have everything filed and put on record. But I believe why the company said that is because they knew that had to get rid of the old toxic debt first before the new lender would fully devote. Well there was no way the company could have known the amount of volume BETS received after the PR of the financing and it just so happens the toxic debt was paid at a heavily accelerated rate the past month or so due to the heavy volume and massive conversion during the heavy volume. So that being said debt got paid faster then the company expected IMO and the 6 months given on that PR will be much shorter because of the debt being paid faster IMO BETS
That penny maybe sooner then expected with the share faucet being turned off. This week shows already that this is actually happening as many here have kept daily records and contacted the TA daily and now everything is pointing to the end of shares for a little while. Which means it can breath. BETS will be big gainer and worth keeping an eye on $BETS
Yes I feel your 2 cent + PPS is easily achievable if it gets a chance to breath without dilution without a doubt in my mind. Especially since the company will have money in this time frame. When the company has money to invest revenues will increase I can assure it because the company knows now what affiliates to use to earn the revenue desired as simple as that. Not to mention the companies expenses this year will be way less. Last year was a joke and cost the company an immense amount of money to get thru the audit. All there is to it we are barely recovering and I should say rather quickly considering. BETS
Without a doubt. We have seeking alpha articles which we don't see much of for OTCQB stocks. We have daughters of a billionaire being major investors and board members. I mean this all points to positive IMO. I forgot to mention they are taking in record revenue month over month! $BETS
It is a long story how I know about stocks impossible however it is not a bad thing IMO. BETS
The Iliad note note that was negotiated early last year was actually a better lender that we acquired when we were still current OTCQB then soon after the audit came and cost BETS money in many different ways. So they Iliad note the one left over can actually be negotiated or paid off. It is in the companies best interest to pay it off with the new money coming in when they can. The company knows this and that is why they are requesting an AS decrease because Iliad note won't exist IMO BETS
His previous post were based upon all notes being converted however BETS is an actual company and they are always seeking better lenders. This is a fact what I stated what got BETS into taking on toxic lending was the Irish Audit as they required the accountants to actually audit Boylesports and that took a very long time for Boylesports to arrange for outside accountants to come in and audit there books. So when the filings got behind because the company was audited in there first year they could no longer get any good lenders to loan them money because they had no update to date filings. Well in the meanwhile we end up were we are. However now the company is current it can continue to negotiate new better loans and use that money to to pay off that loans that can be paid off. So they will now be on better terms getting the less desirable lenders off there back and having a more friendly lender taking on the old debt. That being said some of the loans could not be paid back in cash only shares and now those lenders debt is coming to an end and we shouldn't see much more dilution from then as it is about over. We should see some SC13Gs and when we do we will see a lot of PRs come out of the company and the PPS will rise without a doubt IMO BETS
I would 100% agree with you and some have calculated it out to be right about now. So yes we have a solid opportunity to breath here at BETS which is nice IMO $BETS
It depends on what you consider qualifications. They do actually attract long term shareholders so for me it is a plus. BETS
I know large flake graphite and its byproducts is huge and IMO a top industry to invest in now to get in early for the long term growth of current and developing methods and products in that industry. That being said from a long term perspective ENZR has huge resource. I guess the main question you are asking is will the dilute the shares so large to eventually the shareholder will get nothing even if a buy out happens. I would suspect that they sell or produce some material before they dilute it to no value. That being said you have two options with ENZR buy and hold long term and average down at every opportunity or play it short term for some gain. This is the individuals choice in that matter. I will never forget ENZR even if I jump in and out of owning time to time. It will always forever be on my watch list as the potential is always there for something big to happen with this stock. Every year they are one step closer to actually achieving something IMO wether that be buy it or production. ENZR
I feel having stocks impossible on BETS is pretty great I have been asking them to profile BETS for over a year now. They have a very solid promo email list and it is more respectable then most so this is GREAT NEWS IMO
http://stocksimpossible.com/?p=447
Seaniemac International Ltd. (OTCBB: BETS) FULL REPORT
In an effort to maximize shareholder value BETS will seek shareholder approval to reduce its authorized shares from 2,000,000,000 to 850,000,000.
Shane O’Driscoll CEO “With the recent conversions of debt and with our anticipated credit facility we wanted to set a reasonable upper limit on the number of shares than can be issued. We have left what we believe is a substantial reserve and do not intend to automatically issue shares equal to our authorized amount.”
SeanieMac International, Ltd. an Irish gaming company, owns and operates www.SeanieMac.com, an online sports and casino wagering platform.
Besides offering casino wagering, SeanieMac is prepared to capture the Irish Sports market focusing on the Gaelic Athletics Association (GAA) or Gaelic Games as well as Irish horse racing and soccer. The Company continues to provide a market-leading, user-friendly website for online gambling, including sports betting and casino gaming (traditional casino, live casino, poker, bingo and interactive skilled games).
The Irish gambling industry generated approximately $23.7 billion in revenue in 2014, with $2.3 billion of that amount generated online. The Irish online gambling sector is projected to reach $4 billion in 2016.
As its national pastime, the Gaelic Games have long been popular in Ireland but they are gaining worldwide appeal, especially in areas with large communities of Irish heritage and their descendants, such as the U.S., Canada, Australia and the United Kingdom, where many communities have their own teams and clubs participating in the Gaelic Leagues locally and internationally.
Gaapko IR Initiates Analyst:
Seaniemac International Ltd. (OTCBB: BETS) is an Irish gaming company. It owns and operates www.SeanieMac.com, an online sports and casino wagering web-based platform serving gamblers. SeanieMac intends to capture the Irish market by initially focusing on the Gaelic Athletics Association (GAA) or Gaelic Games as well as Irish horse racing and soccer.
The report that follows gives more specifics on the company as well as details of their plan to reduce authorized shares by more than half: http://bit.ly/-BETS-AnalystReport
At this point in time I could only 100% agree. i won't get to carried away on the future and try and stay in the current moment. So yes being in this current moment the current prices are a steal IMO. Truly inexpensive for what BETS is as a company even now.
I feel it is important to point out that BETS is a real company with growing revenues and it takes money to make money in this industry IMO Seaniemac currently has a large advantage over other online Casino start ups. That advantage is being publicly traded and having the cash to keep funding operations and growth. BETS got way behind with the Irish/US audit of Boylesports and those few months of being behind set BETS back probably about 6 months. What I mean by setting them back is for probably nearly 6 months last year this company operated on very little financing and unfortunately because the filings were so delayed they could not approach any solid lenders with company profit numbers. Well this is no longer an issue now that BETS is fully reporting and a lender can see now on paper the take in of the company. So I am very confident the future will be bright this year. There are so many less expenses this year and now BETS knows exactly were to invest its money to get the best return which was a learning process last year so some money was wasted on marketing that had little revenue turn around. BETS management knows now the affiliate programs and a few events are the way to go and to stay away from the small advertisers IMO. I see only very bright things for Seanimacs future so many areas to only go up IMO. BETS
IMO this seeking alpha column about BETS gives a big perspective on the industry and Seaniemacs place in it. BETS
http://seekingalpha.com/article/1935801-seaniemac-a-pure-play-online-gambling-company
When the OS was 40 million we used to through out numbers like .40 cents for possible PPS. There were even seeking alpha articles about BETS when it started up giving it high valuation such as that. So the initial talks of the PPS being 40-50 cents were very logical. Not much has changed now other then OS increasing. Read the seeking alpha column below.
http://seekingalpha.com/article/1935801-seaniemac-a-pure-play-online-gambling-company
That works out to $0.57 per share or nearly 6x the current price. Keep in mind, that's not only a conservative valuation, but that's before the betting site really starts to gain traction from a year's worth of marketing and promotions. The company could easily have $20 million in revenue within two years - and earn a profit. At that point, we'd very likely be talking about a stock price of over $1.
Barry has always been a hush hush guy. Arnold seems to know slightly more but even he is not as forward as the guys on the Irish side. The guys involved on the Irish side are more willing to speak about future moves. Barry and the USA guys are just there for money IMO. The USA guys daily involvement is very little outside of that IMO because they Irish guys are who do the marketing and events/promotions and that is what brings in the money. I am assuming the only thing that goes by Barry's desk is request for cash for projects.
That is somewhat of a silly question IMO as this is a public traded company. Not a privately owned entity. The whole purpose of using a clean shell is to use it for the growth of the company. Considering the OS is just under 300 million and most of the debt situation is working itself out short term BETS is still fine. This year BETS will push thru many boundaries that only come with experience. The company is far from bankrupt IMO BETS
Yes we are linked to an entrepreneur worth an estimated $3 billion dollars Via his 2 daughters being major shareholders in BETS it really is pretty large news any investor should know. $BETS
Rina Chernaya is the daughter of Mikhail "Michael" Cherney, an Israeli businessman known for his significant role in the 1990s Aluminium in Russia, and his business ventures in Israel. His net worth has been estimated as high as $3 billion.
For those that don't know who Michael Chernaya is:
http://en.wikipedia.org/wiki/Michael_Cherney
He is a Uzbekistan-born Israeli entrepreneur and industrialist. He is known for his significant role in the 1990s Aluminium in Russia, and his business ventures in Israel. He is also the founder of the Michael Cherney Foundation and main sponsor of The Intelligence Summit.
So when you couple this altogether you see BETS not not a pump and dump but a real business with real investors with very deep pockets. $BETS
We have been advised that RDRD has a total of five Equity Owners, each of whom would qualify as an Accredited Investor under Regulation D. Prior to the Acquisition, we were a shell company with no business operations. RDRD’s internal operations are governed by Delaware law and that certain Limited Liability Company Agreement of RDRD II Holding LLC dated May 22, 2012 by and among Rina Chernaya, Diana Chernaya, Robert Kessler, David Gentile, and Greg Trautman (i.e, the Members of the RDRD). The Members have elected the following as Managers of RDRD: Robert Kessler, David Gentile, Greg Trautman, and Rina Chernaya.
Many don't know this but Rina and Diana Chernaya are daughters of Russian billionaire Michael Chernaya
So BETS has huge money behind it as the 30 million float is held by RDRD
$BETS
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8891190
Hey wow good to see you CR! You are one of few that have been with BETS (COPI) for some time. I am glad to be back involved with BETS and look forward to the coming year with BETS. The company has been throwing out some serious PRs so look forward to what they have in store for us as shareholders. Plus is we have many more shareholders now to bounce ideas off of and keep good discussion rolling along.
Yes but many here on this board made it a point to point out wording. The company has always done what they said they would. In the past people doubted BETS in many ways yet every time BETS did prove them wrong I don't expect that to change much. There will always be doom and gloomers. This company is not in as bad of shape as many make out. I have seen real pump and dump companies and right now they would be making moves to increase the AS not decrease it. BETS is in a heavily growing sector and at a good timing IMO they can establish a foothold this year once that happens you would be surprised at how quickly revenue increases. Look at Paddy Power (PDYPF). The company started out slow and all the sudden they became a hit and in a short amount of time revenue increased a massive amount now Paddy Power is a main player. This can happen very fast and it is very possible even for this little OTC stock. BETS
Possibly you may be right if that is so then I would be bet they are done this week. The OS was growing by strange numbers this week. I feel it was obvious Iliad was converting last week and one more person converting now. So since the number added today was less then 5% of OS it could very well be it for conversions. I looked over numbers that you provided and it seems to add up. I without a doubt am sure there is only one company converting right now so that is a good sign considering our volume outweighs dilution shares 5 to 1 at least so that is not a worry for me. Looking forward to the filings coming soon to put this all to rest. It is always nice to stop bashers dead in there tracks with filings to link to to. BETS
It is so true and affiliates are essential to these companies. They pay affiliates for every person brought to the site. So the affiliates really work hard to bring in new people. Of course it cost money to work with these guys some just do work for back end percentages but most have an initial start up fee also. Seaniemac should be again high on the top 100 list once the money arrives to do marketing. The management is now seasoned and knows what is a waste of money and what pays off for them to invest in as they have already tried some outlets that have no worked well at all so they dumped those outlets and kept the lucrative ones. The management team is highly qualified to run this company IMO.
Sad but true yesterday volume alone could have shot this to near a penny. But hey that is the name of the game it will pass and BETS will trade higher IMO.
BETS has never released a PR filled with fluff just to dump shares IMO. Whoever spread that scare tactic rumor is way off base. I will bet the AS decrease goes thru and relatively soon. BETS seems doom and gloom because of negative posters but truth is BETS is far from doom and gloom. In actuality there are few OTC stocks with business and actual revenue. Especially increasing revenue month over month.
Yes there were many pluses of the promo groups i believe the pluses outweigh the negative. They chomped thru BETS debt and we acquired some new mid/long term shareholders that we did not have before. So I see no negatives really. BETS
Yes I believe the heavy toxic guys are out as they were relentless on bid dumping when they were in and we have not seen that dumping. So they are paid I am pretty positive. Plus is Summit is pretty friendly as they only get a 20% discount compared to a 50% discount on the toxic guys. Also Summit gets shares on a 7 day low average instead of the 10 day low average the other toxic guys did. The fact that the OS has been growing random odd numbers suggest to me it is only Summit. The other plus is Summit will be paid much faster then the other lenders because they are getting shares at a higher cost and much less of a discount. Which makes sense why the diluters have been being very selective about there sells. So realistically this leaves us in a prime position. I also agree BETS has always tried to negotiate better debt terms whenever they could. Now that the company is 100% fully reporting and transparent along with the proven company growth they can achieve much better financing terms. So them Paying off one of there last notes which is Iliad with the new money only makes sense. this way there is only one lender owed and owed at non toxic arrangements. So lots of good stuff there. and I see lots of really bright light at end of tunnel. BETS
We should see some SC 13Gs anyway now and they will give us a nice PPS pop IMO as they will once and for all get rid of the nonsense dilution posts here. BETS
I am of firm belief Summit Trading may be the only one converting right now and all others are done and here is why. Summit has only a 20% discount and they can take as many shares as they want each time it looks like. However it would not be in there interest to take to many shares at once due to volatility. So plus about summit is it would take less shares to pay them because of lower discount. Also they can not dump like the 50% discount guys do and they are on a 7 day average not a 10 day one. So they have less room to dump. Which would also explain why the converters have been less aggressive. I believe that is it Summit only debt holder left and they are very friendly. Iliad we will se pop in and out. However I believe the company will take care of iliad with cash in the future once financing is lined up. Because the new financing does not need to be paid right away and it is on better terms. So it only makes sense to transfer debt over to better terms IMO BETS
Yes many of us that don't use bit coins don't really conceive how this is becoming a global currency. I am very impressed by the result sit is having on companies revenues. BETS
Yeah I am not scared looking forward to see what tomorrow will bring. BETS
This article explains the large link between bit coin and the gaming industry
http://calvinayre.com/2015/02/24/business/why-microgamings-partnership-with-coingaming-io-is-a-big-step-forward-for-bitcoin-and-igaming/
As everyone can see it was very big news for pokerstars also to get bit coin service:
http://newsbtc.com/2015/02/17/pokerstars-accept-bitcoin/
PokerStars rules the online gambling arena:
Currently the top online poker website, PokerStars has a customer base of nearly 50 million members and it is by far the leading gambling application in the world. If the rumors are true, US players may even be able to play real online poker as bitcoin surpasses the restrictions imposed by the Unlawful Internet Gambling Enforcement Act, which forbids banks to send payments to gambling websites. Given that a large number of people are already using bitcoin, it won’t be a surprise if the digital currency breaks down the walls of the poker community by allowing users to recharge their accounts.
Bitcoin Gambling
Should PokerStars accept bitcoin?
Given the reputation of PokerStars, the reliability of digital currency will skyrocket. Moreover, it is very likely that similar websites will consider using cryptocurrency to improve their market position and be more competitive. But perhaps the biggest advantage for the online poker site will be the cut down in operational costs. This will leave more room for putting more money in promotion and loyalty rewards for poker players. And of course, as bitcoin is not regulated, it allows PokerStars to enter the grey zone of any unregulated online poker market with a large population like China or India.
The whole concept of bit coin is changing and Seaniemac is getting into this early at the right time. This is an extra revenue feature that should be significant IMO. The article below explains the current evolution of the but coin pretty cool:
http://www.hypergridbusiness.com/2015/02/new-grid-uses-bitcoin-for-payments-gambling/
The iliad note is a long term note and is paid monthly. However from my understanding it can also be paid in cash. I believe it may be the companies intent to use some of the new non toxic financing to pay off the remainder of Iliad note and then once the one last converter is done which should be very soon BETS should have some room to breath from that IMO. I believe that is all to come very soon. The $5 million financing is coming but it has not been fully filed with the SEC meanwhile the company is somewhat in limbo. As we need to money for this years marketing and ventures. But all that said I am of firm belief blue skys are right around the corner. Seaniemac has tired multiple marketing strategies some have worked better then others. They have ditched the lame ones and kept the money generating ones. Seaniemac has some major plans to promote the website via events and marketing but the financing to come is what will drive that. Those events and marketing are what make this company revenue so I can only assume that our revenue will keep growing like it has been. If they can have 100% plus increase in revenue this year which i feel is possible then there will be no worries IMO. Of course we have to look more short term and there is plenty of short term news to drive this main one being AS reduction. Not to mention next 10 filing should reveal a lot.
How could i disagree they are actually getting to a point to were it is written in stone what there resources are so now is as good of time as any for something major to happen. ENZR