Love how Brian has $2M usd to spend on buying up shares and terminating them. I think some great things are up ahead. I don’t let the day to day BS get to me much. I hope all is well. Still here.

Nice financials GMGI

$36M in sales for the year which represents over 200% growth YoY. I’m really looking forward to the new acquisition that’s supposed to happen by June. That should grow our top and bottom line tremendously more.

Man it’s been brutal here, the sector, and better yet the whole entire market. Still here with hundreds of thousands of GMGI. I could’ve sold a large amount at $12 all the way down to $2.50 but didn’t as I held onto the majority of my shares. Why? Because I believe in Brian and Golden Matrix. Most larger gaming companies have market cap valuations in the Billions of USD while Golden Matrix currently as I write this sits at only $70M. Can Brian become one of the majors and have his company valued in the billions? Time will tell, but I’m still here if anybody was wondering.

That’s a bs lie. Only one independent director has sold any shares over the past 24 months. Not saying they won’t sell some down the road eventually but shouldn’t be putting false info out there.

Not quite sure other than the markets in general being down big this year. This is no otc anymore so we see similar patterns as overall markets/Nasdaq. We won’t actually see the set of financials until January 31st. Non-accelerated filers get 90 days to fully audit their financials for the end of the year. So we got quite a ways until we see them but I’m optimistic. They are good. just waiting around on Mexico launch and possible potential acquisitions down the road. I’m still locked and loaded here because I do believe in this company a lot. they have given me no reason not to.

Great news today. New Record Breaking Quarter for GMGI.

North of $9 million in revenues and that’s even with the GBP down to the US dollar.

https://finance.yahoo.com/news/golden-matrix-records-record-third-131500415.html

Awesome day! About time we get some upward movement.

I’ll just leave this right here…



This company continues to grow and they are also grow in their bottom line

Great short week GMGI. Over 30% gains in just 3 days. Double digits soon? Time will tell.

I’m looking forward to seeing the Q2 financials being released. I have a feeling it should be another record breaker. Also hoping we hear about the long awaited profitable acquisition the ceo has mentioned himself in interviews numerous times. I believe we are DEEPLY undervalued here at $5 and it’s only because the markets (especially NASDAQ) have been getting hammered. Better times ahead.

$GMGI is looking very attractive lined up with the rest of the sector here. A lot of green boxes.

Definitely been some rough times here, but I’m still hanging on and know there’s a ton of value here. Longterm on 95%+ of my shares. Good luck to the ones who sold and think they can buy back cheaper. I know the company is growing and when that big acquisition hits watch out!

I’d hate to be on the sidelines here praying for cheaper buy prices.

I think we will be just fine, waiting on a pipeline of news. The CEO clearly said he was working on a major acquisition and that was the main reason why he was in New York talking to bankers and analyst. I hope all is well Mike!

Decent day today. Held $7 fairly well. Looking for news soon that can squeeze the shorts silly.

One would think anytime now as shareholders have been waiting approximately 18 months now. Still holding here.

A rough day for certain, but it did end with a fairly nice recovery. Let’s see how we end up finishing off the week here. Better days for the entire market up ahead eventually.

Take a peek at the entire sector, and also the entire stock market and you’ll get your answer. G A N down 70% from highs and it’s like that for most growth stocks. I guess on the positive side it gives others a chance to add the cheaper prices.

Hey buddy, it’s going well. They applied back over a year ago and continue to work on Uplisting here. I have no word of when but Brian was hopeful according to his ceo interview online a couple weeks ago that it could be soon. As we wait the company continues to grow and deliver quarterly.

Cheers,
Joe

You’re welcome buddy. Also GMGI trades on OTCQX which has very very high standards to be listed there, very similar to NASDAQ. Less than 5% of OTC lists there. Also the company has a chief compliance officer and a whistleblower so if there was any funny business basically the whistleblower could get paid millions. And of course the CEO knows this. It’s very tough when people make hit pieces, But that one was from over a half a year ago, and there was clear intentions as the author wrote he was shorting the stock. So from my knowledge, everything is legit by doing my own DD.

GMGI way different,
Elra never had cash on hand , GMGI $17M,
Elray 2 employees and just consultants
GMGI 17 employees plus nearly 20 consultants
Elray had only a couple revenue streams and one was related party to the ceo other private business in Sydney, GMGI over 5-6 revenue streams including the recent acquisition of RKINGS that Brian CEO purchased a few months ago that triples their revenues and profitability.

So, yeah lol completely different company bud.

Nope, that’s been completely voided, employee count false, revenue streams only related party false, and many other things. It was just a chump author with a bottom ranking on seeking alpha. Also read the last line where he stated “I/WE are Short on GMGI” lmao….

I agree with you here. It wouldn’t surprise me if they are trying to slowly cover right now.

For the few that didn’t get much from the interview or didn’t comprehend properly, here’s how I interpreted it…

Brian Goodman @ 4:45AM in Sydney Australia

Said it’s a rare thing for a gaming company like Golden Matrix Group to grow consistently.

“Why the success?” ~Interviewer

Brian Goodman~

-GMGI Products are popular.

-They Run a CONSERVATIVE company.

-Positive cash flow.

-Net income positive.

-Carries products that are sought after.

Then went on to describe B2C (Most gaming companies).

In B2C world it’s how much does it cost to acquire players and how much can you make off them.

In the U.S. the companies are paying upwards of $500 per a player and only getting a return of $300.

The problem is when you have many players and the deficit is so high you run into massive losses. At huge costs they are trying to get foothold into the U.S.

The way GMGI is trying to go about it is buy a customer for $300 and make $1000 off them and if that’s the case the sky is the limit for growth while not losing money or suffering losses.

Many people ask Brian what’s the difference between their B2B platform and others. What makes there’s better and it’s got to do with the retention, customer loyalty and customer churn rate. Meaning they extract a higher rate of money from their players than other platforms and offer top notch bonus, artificial intelligence, and other programs. Their artificial intelligence tracks everything from how long the customer plays on casinos online and such.

Recent acquisition did around $30M in sales and $2.8M net income. Double GMGI current size.

GMGI as of this interview-

Assets $28M
Shareholder Equity $24M

With RKINGS they are acquiring players for less than £1.00 or around $1.33 USD
And they are capturing upwards of £20 or $27 USD. (Amazing Deal)

They integrated the GMX system into RKINGS and are growing it nicely as they are doing excellent this quarter.

It’s doing so well they want to expand by rolling out versions of it globally.

They have more acquisitions targeted and they will only be net income positive ones that bring the company more valuable growth accretive to their business model.

They are targeting Mexico and looking to obtain a Mexico government gaming license.

Their next step with RKings is to give the 470K followers something back in turn of playing. Maybe casino opportunity’s like free spins, or something that can be accretive to their model. Which can also steer them to their casino to make even more money.

You can scale this B2C platform to over a million players simultaneously and the costs to do it are roughy the same. Sounds like they want to go big time with this imo.

If GMGI decides to buy a front end casino they would consider crypto as a source of payment. Brian’s a smart guy, if there’s money to be made he will be on it.

Nasdaq: Brian was given a path by them and it including them to end their fiscal year early and get audited to fix a item. He was being real careful not to say what he can’t but fixed it and confident they be there in the short term future.
Hopefully next time he comes on the Benzinga show they will be uplisted onto Nasdaq. They had items to be fixed and they are all fixed (Part of the Path). Seemed to me he feels very confident and this could happen anytime now.

I think it was good interview all around and I learned a good amount. Brian made this happen so we could all listen. He must’ve woke up at 3:30AM in the morning just to get this in because HE CARES about all of us! He did NOT have to do this.? Anyways this was my favorite interview so far yet. I think there’s very good things to come for us longs down the road here.

GMGI CEO BRIAN GOODMAN LIVE INTERVIEW TODAY

STARTS @ 12:45PM ET

LINK:
Link to watch at 12:45PM ET

GMGI COMPANY FINANCIAL HEALTH

Great afterhours news today.

$9.33M revenues and $648K total net income on the 9 month filing. (profitable) Most of the sector is losing tens of millions and have a net loss. I’m happy with smaller amounts of profit while they build and expand.

Tomorrow should be a great day!

Also see this below :)

It seems like a big investor swooped in and took out the big blocks on the ask. Whoever it was scored 6000 shares at $6.50 alone. That was our resistance point. Not now though.

Nice little jump we had this am! Still holding long here, just been quiet and patiently waiting for the next move from Golden Matrix Group.

$GMGI Yep, I’m a long-term Shareholder here as well. This company has done nothing but continue to grow quarterly and yearly. I expect and I expect a nice share price increase next year.

Yep, technology continues to get smarter as the years go by. I think online will be around forever and only get bigger!

No, lmao! They bought a company for $10.6M and part cash part shares. It also bumped their revenues up from $10-12m per a year to $40M+ yearly. Any experienced investor knows this is a GOOD thing as this sector is based off of revenues for valuation. Now the two co founders of Raffle Kings have a lot of skin in the game with around 330K shares a piece! They received them at $8 share price and EF HUTTON institutional just paid $7.00

Shareholders would have to be dumb as a bag of rocks to sell down there. This is a buy here at low $7s all day long for most, including myself.

Have a good day sir.

I believe $GMGI is #undervalued at this level. Their acquisition lined up for their new FY that began 11/01, and should be EASILY pulling in $45M in sales. Also sounds like they have further acquisitions soon. I see $55M+ for FY 22’ They only have a ~$200M MCap now.

100% playing games here. It’s an attempt to scare the average Joe into selling but is mostly failing here. I’m just hanging on to what I got and even bought 1K shares at $7.40 this AM

So GMGI hits $14 per a share while tracking $10-12M for annual revenues correct? Now fast forward to last Friday… we are at $7-$8 share price while tracking $40M+ revenues for 22’. This is without A SINGLE other acquisition in the next 12 months when they clearly said RAFFLE KINGS wasn’t their only target?!


How undervalued is GMGI right now?!?!

Rough all around markets lately. GMGI still channeling as we await news.

I would assume within the next 2-3 months. Maybe sooner. Patiently waiting as the company continues to grow and deliver.

Tough to watch back at $7 but I have all the faith in this company and that whatever they are working on should increase shareholder value. Long and strong folks!

Nice close today $GMGI. +5.15% gains. Many shares accumulated all week long it seemed.

I agree, I’m just sitting here humble waiting for all the action that we should see soon enough one would think. This is a buyer spot now, not selling. In my opinion anybody selling here is just foolish. Let’s not forget E.F. Hutton just paid seven dollars a share for their institutions. That means they probably valued golden Matrix at around eight dollars a share as institutions always get a bit of a discount.

Well said poker! I’m right there with you. All it takes is some dynamite news and they will be screwed.