Deja Moo: The feeling that you've heard this bull before.
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$GMGI is going no where man!
well... but down...
$GMGI will continue to consolidate like it has today.
Next week look for high 11's or low 12's.
10 bagger++! A possible MONSTER Multi-bagger play!
David Lazars $TCPP Trinity Capital is now $HBIE ! Hai Jia Inernational
Float 219k
The company according to Nevada SOS has been around 20+ years
Found on Nevada SOS!
BTW: This company has been around for 20 years...
https://www.nvannualreport.com/entities-DPC-Hai-Jia-International-Limited-Company.aspx
Found them on Google maps...
https://www.google.com/maps/place//data=!4m2!3m1!1s0x31752dc543140f55:0x5e579a68b88d0803?hl=en-US
OTCmarkets link: https://www.otcmarkets.com/stock/HBIE/profile
Float 219,200
Held at DTC 219,200 05/03/2021
Hey look! A potential MONSTER Multi-bagger play!
David Lazars $TCPP Trinity Capital is now $HBIE ! Hai Jia Inernational
Float 219k
The company according to Nevada SOS has been around 20+ years
Found on Nevada SOS!
BTW: This company has been around for 20 years...
https://www.nvannualreport.com/entities-DPC-Hai-Jia-International-Limited-Company.aspx
Found them on Google maps...
https://www.google.com/maps/place//data=!4m2!3m1!1s0x31752dc543140f55:0x5e579a68b88d0803?hl=en-US
OTCmarkets link: https://www.otcmarkets.com/stock/HBIE/profile
Float 219,200
Held at DTC 219,200 05/03/2021
Reverse Merger! A potential MONSTER Multi-bagger play!
David Lazars $TCPP Trinity Capital is now $HBIE ! Hai Jia Inernational
Float 219k
The company according to Nevada SOS has been around 20+ years
Found on Nevada SOS!
BTW: This company has been around for 20 years...
https://www.nvannualreport.com/entities-DPC-Hai-Jia-International-Limited-Company.aspx
Found them on Google maps...
https://www.google.com/maps/place//data=!4m2!3m1!1s0x31752dc543140f55:0x5e579a68b88d0803?hl=en-US
OTCmarkets link: https://www.otcmarkets.com/stock/HBIE/profile
Float 219,200
Held at DTC 219,200 05/03/2021
Hey here's a potential MONSTER Multi-bagger play!
David Lazars $TCPP Trinity Capital is now $HBIE ! Hai Jia Inernational
Float 219k
The company according to Nevada SOS has been around 20+ years
Found on Nevada SOS!
BTW: This company has been around for 20 years...
https://www.nvannualreport.com/entities-DPC-Hai-Jia-International-Limited-Company.aspx
Found them on Google maps...
https://www.google.com/maps/place//data=!4m2!3m1!1s0x31752dc543140f55:0x5e579a68b88d0803?hl=en-US
OTCmarkets link: https://www.otcmarkets.com/stock/HBIE/profile
Float 219,200
Held at DTC 219,200 05/03/2021
Call the CEO Brian Goodman and have him state that in a 8-K filing.
Talk is cheap... and... unaccountable.
It's going to be a long hot summer with declining share price of $GMGI without an up-list announcement.
BRITT2575
Wednesday, 05/05/21 06:12:59 PM
Post # of 50874
They actually meet two different criteria’s in two different ways to uplift, I suggest you listen to the video of the interview. I expect this could happen anytime now.
$GMGI has yet to date to meet NASDAQ compliance.
It may take months to get there and obviously dilution to the share holder base.
It is wishful thinking to believe that such a high share price will be achieved but...... it is unrealistic....
The summer months are unkind to OTC stocks....
Look for lower share prices as investors become impatient.
Lazar shell TCPP now HBIE
225,000 float un-friggin believably low
and...... no reverse split on the name change
A big weeeeeeeeeeeeeee!
OTCMarkets.com link
https://www.otcmarkets.com/stock/HBIE/security
There is no guarantee that $GMGI will up-list to the NASDAQ Capital market. Even if the company does up-list it could take several more months.
The current selling price reflects investors sentiment that the company WILL one day uplist.
The recent consolidation of the share price is reflected in the belief that investors understand the up-list process could take several months and that the up-list will not be immediate.
Our common stock is presently quoted on the OTC Pink Market, operated by OTC Markets Group Inc., under the symbol “GMGI”. At present, there is a very limited market for our common stock. The OTC Market is a network of security dealers who buy and sell stock. The dealers are connected by a computer network that provides information on current “bids” and “asks”, as well as volume information.
We have applied to list our common stock on The NASDAQ Capital Market under the symbol “GMGI”. No assurance can be given that our application will be accepted.
It's hard to not like $ET with it's High Yield Dividend
Dividend Yield 7.09%
Want to learn more?: https://www.nasdaq.com/market-activity/stocks/et/dividend-history
$GMGI lost money in the 4th quarter.
Yes they showed a profit for the year. They pretty much rode on the profits from the first 6 months of the fiscal year.
https://www.otcmarkets.com/filing/html?id=14909248&guid=QylnUnmVG-iErth
David Lazar is working to get TCPP current with it's filings.
I would not be surprised to see he has a buyer for this ultra skinny shell.
Number of shares in the public float: 814,800as of date: April 23, 2020
Want to learn more?: https://backend.otcmarkets.com/otcapi/company/financial-report/280361/content
Something is wrong with the financials in the eyes of NASDAQ compliance to pay such a "High Ransom" to an accountant for his or her services.
In connection with Mr. Jimenez’s appointment, the Company entered into a Consulting Agreement with Mr. Jimenez. The Consulting Agreement provides for Mr. Jimenez to be paid $12,500 per month (which may be increased from time to time with the mutual consent of Mr. Jimenez and the Company), to be granted options to purchase 50,000 shares of common stock, granted under the Company’s 2018 Equity Compensation Plan, with an exercise price of $9.91 per share, of which options to purchase 25,000 shares vested on April 22, 2021, and options to purchase 25,000 shares vest on the six month anniversary of the entry into the Consulting Agreement, subject to Mr. Jimenez’s continued service to the Company, and have a term of two years. Mr. Jimenez may also receive discretionary bonuses from time to time in the discretion of the Board of Directors in cash, stock or options.
The Consulting Agreement has customary assignment of invention and work for hire language, confidentiality and indemnification requirements and requires Mr. Jimenez to devote at least 20 hours per week to the Company, which may be increased from time to time with the mutual approval of Mr. Jimenez and the Chief Executive Officer of the Company.
Installing a new CFO at such a late date suggests that $GMGI's accounting has not been satisfactory to the NASDAQ compliance department.
Perhaps the first task of the new CFO is to go back and restate the financials till NASDAQ is satisfied with the re-filed financials.
This just may be a RED FLAG indicating that the uplist will not occur for several more months.
Investors who loaded on the last price surge may find themselves underwater till much later this year....
'Sell in May and Go Away' ~ Definition Investopedia
https://www.investopedia.com
"Sell in May and go away" is an investment adage warning investors to divest their stock holdings in May and wait to reinvest in November. From 1950 to around 2013, the Dow Jones Industrial Average posted lower returns during the May to October period, compared with the November to April period.
Effective on April 22, 2021, the Board of Directors of Golden Matrix Group, Inc., a Nevada corporation, appointed Mr. Omar Jimenez as the Chief Financial Officer and Chief Compliance Officer of the Company effective as of the same date.
A new CFO could cause a delay in the timely filing of the $GMGI 10-K Annual report. I just wonder if we will see a NT-10K filing by the end of the month.
A delay in the filing of the 10-K Annual Report could have a negative impact on the share price of $GMGI.
note: Fiscal Year End 1/31
This change in CFO's should have happened earlier this year and not right before the due date of the 10-K Annual Report
https://www.otcmarkets.com/filing/html?id=14889749&guid=Y-1nUK5xX2GD8th
8K filed late Friday with details of new consultant appointed as CFO and CCO.
It looks like $GMGI peaked @ 10.00. Time to consolidate...
I guess we will just see...
Just waiting on the $GMGI bubble to burst (and it will)
Kingswood Capital is a private investment firm primarily focused on businesses that are undergoing varying degrees of operational, financial or market-driven change.
It's going to take many months to raise the capital (maybe) unless they can find other firms to join in on the Capital raise. According to the company's S1 filing they do not meet the criteria for NASDAQ listing.
We believe that upon the completion of the offering contemplated by this prospectus, we will meet the standards for listing on the NASDAQ Capital Market. We cannot guarantee that we will be successful in listing our common stock on the NASDAQ Capital Market;
Learn more here:? https://www.otcmarkets.com/filing/html?id=14814846&guid=q2FpUaYBuo_GLth
The likelihood of $GMGI uplisting to the NASDAQ exchange is NOT GOOD considering that only one (weak) brokerage house that
has a S1 offering to aide $GMGI in the uplist.
I have seen crazier things happen and I am rooting for the $GMGI underdog.
Let's slap the "ASK" and let the flippers score coin
I will see you all after the share price collapses "again"
Do you want to learn more about Kingswood Capial?
Kingswood Capital is a private investment firm primarily focused on businesses that are undergoing varying degrees of operational, financial or market-driven change.
It's going to take many months to raise the capital (maybe) unless they can find other firms to join in on the Capital raise.
Want to learn more?: https://www.thebalance.com/which-firms-have-the-most-assets-under-management-4173923
It's really unlikely. If $GMGI was a "Hot" number several more brokerage houses would have been involved with the capital raise and not just one.
Kingswood Capital is a small firm. They certainly are not in the Top 10 investment firms like BlackRock, The Vanguard group or UBS Group.
Kingswood Capital is a private investment firm primarily focused on businesses that are undergoing varying degrees of operational, financial or market-driven change.
It's going to take many months to raise the capital unless they can find other firms to join in on the Capital raise.
Want to learn more?: https://www.thebalance.com/which-firms-have-the-most-assets-under-management-4173923
It's Not Speculation that the S1 offering has not yet been sold out.
The uplist is being delayed until the offering has been completed.
That means it could be many months before a NASDAQ uplist.
Want to learn more?: https://www.otcmarkets.com/filing/html?id=14814846&guid=q2FpUaYBuo_GLth
Our common stock is presently quoted on the OTC Pink Market, operated by OTC Markets Group Inc., under the symbol “GMGI”. At present, there is a limited market for our common stock. We have applied to list our common stock on The NASDAQ Capital Market under the symbol “GMGI” simultaneously with the closing of this offering. We believe that upon the completion of the offering contemplated by this prospectus, we will meet the standards for listing on the NASDAQ Capital Market. We cannot guarantee that we will be successful in listing our common stock on the NASDAQ Capital Market; however, we will not complete this offering unless we are so listed (or our common stock is otherwise listed on the NYSE American).
Speculation is SPECULATION and you don't know anything more than ANYONE else!
It will be many months before the NASDAQ uplist (maybe never). Investors are lining themselves up to be underwater on $GMGI for many months to come.
Uplist news tomorrow and we open Tuesday at $25.00.
$GMBL is a wild roller coaster stock.
Stocks on the NASDAQ bounced back real nice today...
Oh yeah..... so sorry... $GMGI is an OTC stock... :(
I guess that explains the crappy day....