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.
what is net profit. Which expenses?? Operational, fixed, variable
gross profit is not revenue. I could only guess that gross profit is revenue - operational expenses . net profit is gross profit - interest expenses.
Does anyone have idea???
Simple Actuarial Projection.
First report on New platform gross profit was $150K ( for say 30 period)
Second report for December (20 days) $ 330k
I am not adjusting timing being off, which should give a higher number the
the ratio is 2.2.
Projection for next month(January) is gross profit= $726k
Projection for next month(February) is gross profit= $1,579k
Projection for next month(March) is gross profit= $3,513k.
All the above projections are grossly understated due to several assumption I made. 1) the ratio should be increasing once they get the LOC due to the fact that V.I.P. plays will be increasing the ratio.
2)time period where not the same.
3) the growth rate was kept constant, should be exponential.
THE MONEY MACHINE JUST GOT STARTED.
Hopefully by six months it will be 6 million net profit monthly.
start taking on v.i.p players with live
poker
it was my browser. thanks
can anyone open their wed site. I think they got hacked
they go hacked ??? http://www.seaniemac.com/ not coming up .Maybe overload of too many customers?
like all startups with low cash. pay for services with shares.this is ok in my book. As profit will kept going up, price will also
move.
I just sent e-mail to investorrelations@seaniemacinternational.com
asking if the LOC is done and just waiting for funds.
SeanieMac Provides December update on Gross ProfitFont size: A | A | A
8:20 AM ET 12/21/16 | Marketwired
HUNTINGTON, NY--(Marketwired - Dec 21, 2016) - SeanieMac Ltd. (OTC PINK: BETS), an Irish gaming company, says as of December 20 preliminary numbers show gross profit of about $330,000 US for the month of December. These funds will be available to us in January. This number could increase or decrease depending on returns for the next 10 days and we will provide a full month end report at the end of the month. We anticipate a sharp increase in both turnover and gross profit as soon as we can deploy capital from our LOC.
About SeanieMac
SeanieMac Limited is an Irish gaming company. It owns and operates "www.SeanieMac.com", an online sports and casino wagering web-based platform serving gamblers directly under the brand name SeanieMac.com.
Safe Harbor Statement
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of SeanieMac International, Ltd. and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements regarding our expectations regarding amounts staked and gross profits and our marketing initiatives. Such risks and uncertainties include, among other things, the uncertainty regarding consumer preferences, a decline in the popularity of our website and competition in the online gambling industry. SeanieMac assumes no obligation and does not intend to update these forward-looking statements.
A further description of risks and uncertainties can be found in SeanieMac International, Ltd.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and in its reports on Form 10-Q and Form 8-K.
SeanieMac Limited Shane O'Driscoll investorrelations@seaniemacinternational.com
if you click on the linkwhere it says vist, you will see that they say this site is Trustworthiness Unsatisfactory
you go to do what you got to do. But I bought enough.
So who is doing the LOC.
here is the fight
https://www.facebook.com/uniladmag/videos/vb.146505212039213/2496439830379061/?type=2&theater
this video is all the fights that night. take your mouse on the time line of the video at 3:41:36 you can see bets logo on the wall.
so where is the production. what loyal costumers??? they couldn't sell it on amazon.
Barry if you are reading this I am not buying any more until you get the LOC (letter of credit).
To anyone else who already have enough don't buy more until LOC.
Every one else that doesn't have, this week may be you last chance at rock bottom prices.
time table: I was not talking about LOC.
I am hoping any time soon for the LOC.
My time table to sell is in a few years. The LOC will give it a boost but with all that toxic wast it will take profit to hit a $1. But this will take years.
.006 with LOC
.01 first report of profit
.10 paid off all debits so on.
Santa is distributing in late December. They are putting one case per Wall Mart store because that is all they have. lol
I know all about market makers, they are just doing their job. When the stock show real profit there is nothing that the mms can do to hold it back. My time frame is a few Years.
listen dude I am a religious man and I do not play games and try to tick anybody. I believe that this stock has potential. Period
I just bought 72 million and then they just dumped another 100 million at the ask
question????I have already 250 m at .0004
should I get 72m at .0002
it is called sub-micro
at this point it doesn't pay to sell out, even though you can get out with some thing in hand ,
this is not a dead bet yet:
1) we still hear news from them
2) there is a web site that has possibilities
3) Greg has 2.5 million invested here
4) LOC is still on the table.
5) Dead cats do bonce at least a few times before it dies.
Quote "Dr. Matthias Lohr: "When we treated the first patients, they did not believe that they were receiving chemotherapy because there were NO side effects at all in the initial trial."
I wish they had this when my mother had chemotherapy. This should hit the world like a title wave.
where did to you the 3 months from, did you speak to the lender?
If not, it could continue for 3 months.
what continue for 3 months???
Let's pray for the LOC.
Oh Please G-O-D. I will be good for now on. please send us the LOC.
disagree the LOC is based of the fact that they will pay off the load with revenues, the revenues is dependent on a functional and profitably website.
This is what they are waiting for . Hopefully last months results was good enough for the lender.
OK , I guess I am new to GT and the way I asked the question was different. So that is why he did not get made at me.
I asked if the bid goes to zero. We already got to a .0001 bid. That is very close to a zero bid.. So therefore this question was more realist than asking at other times.
Good Luck to all
I spoke with GT,
I asked if the bid goes to zero would there be a rs?
He said --Yea, but hopefully it wouldn't get there, we have a update coming up soon we are stilling wanting for the LOC, I would PR either way.
or we can do a buy back.
I spoke with him for 1/2 hour, so this is basically what was said. I am not a reported, and did not make any thing up.
I don't think that he is looking to do a rs , only if it has to happen, to me it sounds like a buy back if needed, but he is hopping for better things.
they have some big VIPs to service I hope the LOC issuer will recognize that.
wow. that sounds good can not wait to see that.
Meant to say own 10%
you got it wrong. He didn't ask me. He was just saying the possibilities of what he can do. a RS or buy back.
By the way I won 10% of the o/s. Shares. At this price I could buy the whole company.
There is risk in every thing .
I spoke to Greg:
Q I ask about the RS, If it goes to zero bid?
A He said that is possible or a buy back some shares. But he said that he hope that would not happened because they will announce the results of Nov, very soon. They was good.
Q. What about the LOC?
A That it is still on the table. He did not want to promise either way. He said whatever happens he will let us know, as soon as they make a decision. He did say that there are quit a few of VIPs waiting to spend some bid bucks. But without the LOC they can handle only a few.
He said he wasn't sure what will move this stock, I told him get the LOC
I think news on result Monday, yes on LOC by Friday.JMAO
but
greg Trautman is the consultant to Bets right now. Barry text me and said that he will call by the morning. How can I trust him?
SEC Finds Trautman Wasserman CEO Participated in Market Timing, Late Trading of Mutual Funds
By Securites Lawprof Share
The SEC found that Gregory O. Trautman, who was co founder, president, and chief executive officer of Trautman Wasserman & Company (TWCO), a registered broker dealer, willfully violated Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b 5 by participating in a scheme involving deceptive market timing and illegal late trading of mutual fund shares. The Commission found that Trautman, as TWCO's president and chief executive officer, engaged in numerous deceptive acts as part of the scheme: he personally engaged in the late trading of mutual funds on behalf of several customers; he deceptively sought market timing capacity from mutual funds by materially misrepresenting the nature of TWCO's trading and its impact on the funds; and he fraudulently induced customers to invest or to continue investing with TWCO by falsely assuring them of the legality of the late trading. In addition, the Commission found that Trautman willfully aided and abetted, and was a cause of, TWCO's violations of Exchange Act Section 15(c) and Exchange Act Rule 10b 3, which prohibit broker dealers from effecting transactions in, or inducing or attempting to induce, the purchase or sale of securities by means of a manipulative, deceptive, or other fraudulent device or contrivance.
For these violations, which the Commission noted "generated at least $22 million in illicit profits for TWCO and caused dilution losses to mutual fund shareholders of more than $102 million," Trautman was barred from association with any broker or dealer, ordered to cease and desist from committing future violations of the relevant federal securities law provisions, ordered to pay $608,886 in disgorgement plus prejudgment interest, and assessed a $120,000 civil money penalty.
who is Greg Trautman?????????????? I am spouse to get a call from him, I want toknow what to ask him. LOC of course any other questions???