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When Will Betting Begin?
With PASPA no longer standing as the law of the land, the question now becomes how many states will take advantage of the opportunity to allow sports betting, and how soon they will start taking bets.
New Jersey plans to allow wagers at casinos in Atlantic City and at horse racing tracks, though it isn’t yet clear when that will be able to begin. Given the complete PASPA repeal, some in the state believe that proper regulation may need to be implemented by the legislature, as the state’s last action was simply to repeal the prohibition on sports betting.
Other states, such as Pennsylvania and West Virginia, have already passed laws that would allow sports betting contingent on the Court’s decision in New Jersey’s case against the NCAA. More than 20 states have at least introduced bills to consider legalizing the practice, and a 2017 report by gaming industry analysts Eilers & Krejcik identified 32 states that seemed to have the political will to regulate sports betting within five years following a favorable Supreme Court decision.
Article from here: https://www.onlinegambling.com/news/2018/05/supreme-court-strikes-down-us-sports-betting-ban-in-6-3-decision/
I think the rollercoaster got stuck. C'mon Carl, get the chain moving again!! Let's see what the big plan is. I know you, Michael Lajtay have stock in this company too....lets see the big plan!
Nothing is going to happen until there is some relevant news.
When are the games going to be re-released?
What projects are in development with Blockchain DNA?
What the heck is this company doing or going to do?
There are thousands of companies on the pink sheets who are going into "Blockchain" and "crypto", none of them have a way to make money other than selling stocks and assets. Oh wait, didn't DNAD do both recently?
We need some relevant news or revenue drivers.
@BigBadWolf....
That's good, right? I can't PM so have to respond here.
Still waiting Carl.
That being said, with the financing by Tide Pool and the patent sale, there should be nearly half a million to invest into some Blockchain ventures. With Michael Lajtay still on board my guess is that there will be a JV between Blockchain DNA and UA Multimedia.
Anyone else feeling this? I am getting that feeling that something huge will happen this weekend with Blockchain DNA. Hmmm....
What the heck is VFIN?
Tide Pool Ventures Corporation has 139,620,000 unrestricted shares. At .0025 that is $34.5 Million. I don't know how much Carl got for those shares but I hope it was a bunch. All this talk about $150K when a financing deal was done in November with this company and 100M shares were issued to them. We have a long way to go before they are done unloading. All this talk about funding operations without diluting stock....not sure how this plays into it. Can anyone explain this? Am I reading this wrong? I admit I have a lot to learn about stocks, grants, issuance, etc. but this seems pretty straightforward.
It would be nice to have a run, I was hoping to take a little profit from this and load up on MGXMF since it's about to be on a mega run. That one is more of a long term investment that is about to breakout. I needed $35K from DNAD to roll over and could have had that at $0.025 but the run never happened. I hope the wait is worth it because I have funds tied up in this stock that should be in other stocks right now.
Lets see that news release!! Big meeting today, hopefully news soon. I am ready for a nice run!
Per the Quarterly Report - Quarterly Disclosure Form 3.31.18 - Michael Lajtay and Complete Advisory Partners own 1.8M restricted shares of DNAD each. I assume this is payment for services rendered. Now, at these prices those are worth about $5500 if they can even sell. Anyone want to venture that they expect these shares to be worth a lot more at some point? Based on publicly available information....I would expect this grant/payment to be much more valuable, I wouldn't work for that cheap. Even at a penny this seems like a pittance of compensation for the jobs being performed. Are they expecting a surge of a stock price?
On another strange note, this is a Q1 disclosure (period end date (03/31/18) but has the date on these grants as May 2018 (Q2).
Either way, I am glad to see that Michael Lajtay and Complete Advisory Partners have some skin in the game.
Keeping up with the financials is one thing and a good thing but we need some positive news about how this company is going to generate revenue. The quarterly financials are files on time which is very good indeed. If you don't have a good plan why bother, right? The patent sale price seems to be going down with every news release though. Also, float up over 200M now. Is that the toxic debt being shed?
This is on the UA Multimedia website. Why is this relevant to DNAD you ask? Because Michael Lajtay is the CEO of UA Multimedia and also on the Blockchain DNA team.
In this pay attention to this sentence, "In addition to the usage within the company’s ecosystem, the tokens can be used to purchase other cryptocurrencies as well as use on other platforms."
Think, gaming and pot. Match made in ad-space heaven.
http://uammedia.com/ua-multimedia-provides-development-update-and-outlines-crypto-strategy/
"Work is ongoing in the design and development of the company’s cannabis ecosystem which will include free and premium ads, service provider finder, ecommerce store, profile database for professional networking, personal profile for social interaction, discussion forums and media channels. The ecosystem will consist of a collection of various websites and mobile apps.
The company is in the process of forming a new wholly owned subsidiary which will function as the main entity for the ecosystem. The entity will issue ERC20 utility tokens on the Ethereum blockchain which can be earned as customer and service rewards or purchased directly from the company. The tokens will be offered to all UA Multimedia’s shareholders at a discount. Additional information of the tokens and procurement details will be provided in the near future. Pending successful development, the tokens will be listed to trade on several crypto exchanges later this year.
In addition to the usage within the company’s ecosystem, the tokens can be used to purchase other cryptocurrencies as well as use on other platforms. Management plans to form partnerships with various other companies in the cannabis industry to adopt and proliferate the use of the tokens."
I'd be ok with 3 or 4 bucks a share....LOL.
Seriously though, anyone know what the restrictions are on the 4B shares outside of the float?
I guess it's a game of sit and wait now.