So again.... why be here? Never seem excited... unless you’re praying for cheap shares.

Don’t stoop that low...

Good day $GMGI , it’s always great to see the company doing well! Above expected revenues for the 4th Quarter. Well done!

A friend of mine added over 20K shares of GMGI today for the long haul.

Good day all, still holding the $5.00 area support and traded on heavy volume today and yesterday. I like it!

Nope, still here patiently waiting like you guys.

Yeah, you would of loved the price to never go up. Probably wishing it was still at $3? I do too because I’ll buy $1M worth of GMGI

It’s free to dream. Also never say anything is definite in the market because saying this makes someone look like an amateur.

Is Golden Matrix Group About To Surprise Wall Street?

-Golden Matrix, a B2B gaming and sports betting software platform provider with a turn key solution to all customer needs for successfully operating and maintaining an online gaming/sports betting website.

-Golden Matrix has recently filed an application for a Nasdaq Capital Markets Uplist with approval pending.

-Golden Matrix and Playtech announced a collaboration agreement that has just kicked off this month including GMGI's all new Esports & Peer2P apps.

-Golden Matrix reached an agreement with Amelco Gaming to distribute Amelco's leading international sports betting software white labeled in the APAC Region.

-Knutsson Holdings Invests $5M with GMGI purchasing 1 Million shares at $5.00 each.

What is Golden Matrix?

Golden Matrix Group GMGI is a very unique part of the online gambling industry that doesn't get much recognition compared to the actual sports betting companies and casinos, such as Draftkings DKNG or BetMGM. Draftkings for an example is a front-end operator Business to Consumer (B2C), they are what the consumer sees on the app. Where on the other hand, GMGI is the back-end white labeled software platform, Business to Business (B2B). GMGI has everything provided to convert a land based brick and mortar casino to an online casino, including everything from data analytics, games, game management, payment gateways, currencies, languages, 24/7 tech support and more. So what I'm trying to say is Golden Matrix has everything required to setup an online casino or sports betting application. With what's going on in the world today, an online presence is a must. So this is how GMGI and GAN type companies differ from the rest of the online gaming world, as their work is mainly behind the curtains, but are needed in order to run an online casino or sport betting platform.

Seeing Golden Matrix is not a front-end B2C retail casino, they do not have to pay hundreds of thousands or even millions to advertise. As a matter of fact they don't have to pay anything, which in turn keeps the operating expenses nice and low. They make their money by setting up operators at no cost and make their money licensing the front-end casinos, usage, and providing services. It's much more low key, and they don't have to be the bank like all the front end companies such as Draftkings, BetMGM, Bet365, etc...

Continuous Revenue Growth

Here's a brief summary on Golden Matrix's more recent growth. Just since last January (2020) they have grown their operators (Casinos) from 150 to 457 of them today, a 205% Increase, and Registered End Users from 1.5M to 3.9M today, a 160% Increase in the same time frame. Those numbers to me show solid company growth, and the quarterly financials reflected from this growth as Q1 Revenues were $882K, Q2 $1.04M, Q3 $1.49M, and Q4 is expected to exceed $1.7M as quoted by Golden Matrix. Those quarterlies show me that they have grown their revenues by nearly double in the year 2020. I'm expecting these revenues for last year will total approximately $5.1M+ and can do another easy double in 2021 if not more $10.2M+ On top of all this solid core growth GMGI has also been able to maintain profitability for the past nine consecutive quarters, while growing out their top end numbers. The gross profit last quarter (Q3) was 58% and the net income was only roughly $40K. In my opinion this is a good thing considering the competition GAN who trades in the Nasdaq, lost $4.1M during that same third quarter. Profit is profit, which is an complete rarity in this sector. I'm looking forward to seeing the Q4 numbers on or before the March 15th 2021 deadline.

Nasdaq Capital Markets

Golden Matrix filed an application to uplist onto the Nasdaq Capital Markets on August 27th 2020, and are still currently pending approval as it seems to be a very complicated and tedious task jumping all the way from OTC Pink Sheets to Nasdaq. Us GMGI long shareholders have seen many tasks from the company performed over the past 5+ months that come out in 8K filings, such as amending financial reports to Nasdaq formatting, and even creating a audit committee to meet qualifications just as of last week (01-26-21). As for now Golden Matrix is still a hidden gem as much of Wall Street doesn't know about GMGI or can't trade GMGI due to many buying restrictions. I think soon this will change and no longer be hidden with the arrival of up list.

Playtech and Golden Matrix Deals

Playtech and Golden Matrix went began a collaboration agreement around the end of November 2020 that is set to kickoff sometime this month (February). You can find this easily under recent GMGI news right on the company website. What the deal consists of is beneficial to both of them, as Golden Matrix newly designed and built a Esports betting app, Peer2P Betting Games, and a new Artificial Intelligence System (AI-X). Golden Matrix is letting Playtech PTEC.L use and distribute these applications and software exclusively to all of their new and future customers. Playtech is a market leader when it comes to gaming software and technology. Playtech granted non exclusive rights to distribute their most popular games including live dealer games, slots, table games, bingo, and poker to Golden Matrix's 450+ current operators throughout their APAC Region territories. This deal will be very beneficial for Golden Matrix as their foot print will reach the U.S. and European territories through Playtech, who is all over the world, and some states in the U.S. including very popular New Jersey. I expect we may see a significant increase in the top and bottom line growth for Golden Matrix through this significant collaboration deal.

Amelco Sports Betting Distribution Deal

One more recent larger deal was made with Amelco who's out of England U.K. and basically it gives Golden Matrix distribution rights of their premium sports betting software platform where they will offer it throughout their territories in the APAC Region to their 450+ Operators and future ones as well. I think this is a major deal because they will now become a stronger company by providing both Igaming and Sports Betting software vs just having igaming alone. I think this will not only attract more usage from the current 457+ operators and 3.9M end users, but will also have more future operators wanting to do new business with Golden Matrix being a dual distributor of both Igaming and Sports Betting. More customers equals more revenues, which is what we all want to see from any good growing company.

GMGI Obtained a European Gaming License

Golden Matrix recently acquired a Alderney Gaming License in which their CEO Brian Goodman sold to the company though another privately owned company that was holding this license. He sold this license at cost to Golden Matrix. From my understanding there's many benefits to owning this license, and it's not easy to obtain. Playtech their newly partner also holds this same gaming license, along with many other big name casinos. It seems as if GMGI will be expanding from just the APAC Region alone, and now into the European Region as well. Us shareholders didn't receive a lot info on the exact game plan, but it sounds like some expansion into the European Region. I'm looking forward to hearing more about their game plan hopefully in the near future. Europe is the largest gambling market in the whole world, and right under it is the Asia Pacific Region. Let's see what this European Alderney Gaming License has in store for us in the near future.

$5 Million Equity Investment

Just last week Golden Matrix announced they received a $5M equity investment from a strategic Swedish based gaming investor Knutsson Holdings AB. They purchased one million units which consists of 1M restricted shares at $5.00 USD each, and a warrant with a exercise price of $6.00 a share. They only can exercise the warrants once the GMGI share price exceeds $10 a share for a minimum of 10 consecutive trading days. This was all announced when we were trading around $5.50 a share and will only only dilute the outstanding share count from 21.7M shares to 22.7M shares (4.4%) which is minor. This deal brought me that much more confidence in GMGI, because not only did this investment firm valuate the company currently over $5 a share, but they know its worth more as they have been around the block dealing with gaming companies since 1963 (50+ years). They are also the largest shareholder of popular company NETENT who was recently acquired by Evolution Gaming, and are invested in many other gaming companies. Check them out. This deal puts GMGI outstanding shares to 22.7M with a super low share float that's under 12M shares and a low market cap around $116M USD while currently trading in the low $5 a share price range. Ask yourself this one question, if Knutsson Holdings doesn't even get to purchase their other 1M shares for $6M until the price exceeds $10 a share, don't you think they have good confidence GMGI will surpass this price in the near future? I very well believe so, as they have solid growth, and many new business deals into play for this Quarter (Q1) and beyond.

Possible Acquisitions On The Horizon

I personally have very high expectations for Golden Matrix this year including a up list approval onto the Nasdaq Capital Markets Exchange, major new revenue growth from the partnerships mentioned earlier, and of course building their core business stronger then ever. Also if you checkout all the last dozen press releases from the company, the CEO has mentioned several soon to be announced partnerships and possible synergistic acquisitions many times. Now with Golden Matrix sitting on a pile of cash on hand ($10M+) and staying profitable for the past nine consecutive quarters and counting, they could be in a great position to acquire something beneficial for the companies overall top and bottom line growth. I'm keeping my eyes peeled open short term to see what they do on their next move with $10M+ cash, no debt, and being cashflow positive, which is a rarity in this sector as most are bleeding millions of dollars in losses quarter after quarter! I believe with the current $116M Market Cap, 22.7M Outstanding shares, Low <12M share float and the anticipated future growth, this share price around $5.00 is undervalued and a true bargain BUY.

My Position

I hold a long position of GMGI here, and plan to continue holding for the next 3-5 years as the online gambling industry is expected to grow exponentially for quite some time with more and more legalization throughout the U.S. and many other locations. Online gambling will only continue to grow larger and larger yearly. Do some DD on GMGI and you may become a long shareholder like myself.

Note: All of the info provided above including financials can be found on the Golden Matrix website in the investors section.

WWW. GOLDENMATRIX .COM

MACD is ready to cross over BULLISH!



See!

Good day as we closed up at $5.27 per a share (+3.1%)

GMGI daily chart is starting turn bullish as the MACD is finally about ready to cross over bullish.

Bargain prices not for long imo.

Chart Below.

It was a slow and steady day as we traded around $5.00 mostly and held our support line range. GMGI traded 57K shares and closed slightly down at $5.11 a share. Many shares were purchased around 5 bucks

Nothing from the company today, but hoping we hear the future plans of the $5 million Golden Matrix received from the Swedish investment firm last week as this puts them to having around $10M cash on hand.

Chart looks good as we have been building a nice baseline around $5 over the past few days and the MACD is getting close to trying to make a move to cross bullish.

Tomorrow is another day,?? have a good night everyone.

GMGI , no matter how you dice this one up it is VERY oversold which makes this a very good bargain buy imo.

Holding the $5.00 level for now.

https://www.benzinga.com/pressreleases/21/01/ac19321750/golden-matrix-receives-5-million-equity-investment-from-strategic-gaming-investor-knutsson-holdin

GMGI closes down at $5.09 (-1.38%) to finish off this very hectic week in Wall Street. The U.S. Markets experienced their worst week of declines in over 3 months and I’m pretty sure we did as well dropping from last Friday’s close of $5.85 and finishing today at $5.09 (-13.33%). I believe for the month of January to kick off the New Year we lost around 27% in share price and market cap value ($108M Current Market Cap) but just remember this one thing, those losses are unrealized, unless you sell. I’ll never tell anyone to buy sell or hold because it’s your money. There’s a big difference between unrealized gains and losses vs realized gains and losses. You need to decide what’s best for you, and decide what you believe the future will be for this company.

It’s really surprising to see this. Yes this week was a terrible week in the stock market, but we have heard all good from the company. The company is still growing nicely and making some nice moves to bring further future growth. Like a friend told me this is just a beautiful opportunity to buy more shares while they are super discounted here. I mean even if we just think about it, since the price of $7.50 area they have revealed so much more growth it’s almost shocking, and we are where we are now for price. Two partnerships , $11M in funding from a Investment Firm, Record revenues in the month of December $703K+, Obtaining a European Gaming License (Future Expansion) new audit committee to appease NASDAQ, and more.

I guess with time the share price will catch up to the company growth. I have a feeling we could see NASDAQ soon as well which is a game changer. Especially with them releasing the 8K yesterday showing they have constructed a new “Audit Committee” Which must’ve been clearly request from NASDAQ. The question is is there anything else they need them to complete? None of us know that for sure but I just have that feeling it’s coming very quickly.

Have a good weekend everyone, and don’t beat yourself up too much over this, it’s nothing the company did. PAY-tience usually pays with a good and solid investment. GMGI is still growing tremendously and making strategic moves, that should value the company higher in the near future. Just because the share price is stagnant, does not mean they aren’t making money and breaking new company records. To me, this is a good buying opportunity?.

I can tell you don’t even have any shares. It’s clear as day. Maybe you’re a believer of the company but you were looking for a cheaper entry... Probably sold your shares a while back ago.

It’s all good I know the game. And FYI I’m not paid.

Tic Tok...

Well said. Good post.

Do you own a position in GMGI? I do. It seems you were not that positive about the company so I’m wondering why you are here? Just curious...

GMGI released a 8K out this morning with the SEC to the public. It was basically stating they created a “Audit Committee”. What is this? It’s basically between the independent directors and they just check over the financials of the company and transactions regularly. This was a requirement from the NASDAQ apparently. I’m hoping this could be the last thing they ask them to do, and we can be on the NASDAQ fairly quickly here. So it’s good news to see they already assembled the committee.

Today we closed down @ $5.16 a share As it was a rough start to the morning, once again everybody’s trading platforms were lagging or not even opening up. It seems like today was a bit of a cluster, but we traded over 104,000 shares. Hopefully the 104,000 shares ended up in stronger hands that are awaiting the NASDAQ and the future with Golden Matrix. Many people were able to get great deals here today and a few lucky ones were able to buy shares under $5.00 and many bought low $5s.

Have a good night all. Let’s see what happens tomorrow, which also happens to be the last day of Quarter 4. Next week we are on to Q1

$GMGI is Super Undervalued here with a meager $110M Market Cap. Just waiting on the NASDAQ uplist approval.

They do the same thing as $GAN and they have a $869M Market Cap

A tough day after yesterday’s good news from Golden Matrix, not sure exactly why it went down today but the overall market went down heavily with some of the largest losses in months.

Personally I’m not worried, the fundamentals of the company have not changed for bad, but actually for good over the past few months. It’s unfortunate the share price hasn’t reflected. I imagine it will eventually. More sellers than buyers today??? It’s a simple short explanation of why we went down.? Why did some people sell? I don’t know and honestly it doesn’t matter?. I’m looking ahead for the Q4 financials to come out in March? and hopefully a NASDAQ uplist sooner rather than later. I watch stocks every day that increase over 100% in a single day. I feel whenever NASDAQ eventually happens, the share price will adjust accordingly, in my opinion we’re only becoming more and more undervalued here. I took advantage of buying some discounted shares myself? today.

Let’s not forget, if and when a Nasdaq acceptance news comes out, the company could put it out after hours and we could be on NASDAQ the next morning. Premarket trading happens in the NASDAQ and the market makers are very smart and will up this up extremely high trapping out people that think they are waiting to buy in on the NASDAQ announcement?.

Have a good night. Tomorrow is another day.

Good day as GMGI closes up at $5.67 (+2.72%) and we hear more confirmation from the company about the direction they are heading. Family owned Investment Firm Knutsson Holdings AB, completed a deal with Golden Matrix for 1M shares with the cost of $5.00 per a share and a optional 1M more shares for $6.00 a share later down the road. The $5,000,000 should already be wired over to GMGI bank which now puts them at $10,000,000+ cash on hand, and in great position to acquire a company that will bring Golden Matrix further value and increase their revenues which usually increase share value.

The Warrants offered at $6.00 per share can not be exercised until GMGI stock trades above $10 per a share for a MINIMUM of 10 consecutive days. This would further GMGI with another $6,000,000 in the bank. This will be further down the road though. For now GMGI received $5 million for exchange of 1M GMGI shares that will be immediately added to the Outstanding shares, we should go from 21.33M outstanding to 22.33M shares outstanding just a 4.6% increase to the structure. This is a great thing as it gives GMGI a very comfortable position to purchase new company assets (Acquiring). Also by making this deal offshore from U.S. they were able to save a ton of money vs doing it here and paying high taxes and fees.

I have a feeling we could hear about an acquisition sooner than later as Dennis was thinking. It would make sense, and I’m sure this private investment Group that’s been investing with gaming companies since 1963 more than likely sees where Golden Matrix is heading or they never would’ve purchased the shares and made the $6.00 Warrants executable only above the price of $10 a share.

This is all my opinion. But once again Golden Matrix continues to make strategic moves as the edge closer to becoming a market leader.

Chart looks great, and the MACD is starting to curl upwards. Getting closer to being out of bearish territory!

Great day all. Have a good night.

Today’s news release.

https://finance.yahoo.com/news/golden-matrix-receives-5-million-142000706.html

The Investment firm share deal now puts Golden Matrix $GMGI over $10 million cash on hand, as they gear up to become a market leader. I’m keeping my eye out for future acquisitions.

Here’s my thoughts on today’s GMGI news.

I believe this news should comfort and attract many new and current investors to Buy/Add more shares as we trade at this ridiculously low price. This to me was a confirmation that big buyers are stepping up to the plate. These aren’t just any big buyers but they are a family-owned holding company of the Knutsson Group of companies based in Gothenburg, Sweden, Knutsson Holdings is a private equity firm involved in the gaming industry since 1963.

This is a big deal guys, with the first reason being the share investment deal was from offshore, sold to non-US citizens which saves the company a large amount of money versus going through JP Morgan or somebody else and paying high fees.

And secondly more importantly this company truly believes Golden Matrix will do great as they are a very well established investment firm that has been involved in gaming industry forever! If anyone knows it would be them. They took the deal of supplying Golden Matrix $5 million which GMGI already has in their bank now for a VERY FAIR price of $5 shares (1 Million Shares) and get 1 million more shares for a price of $6.00 a share in the future. They cannot get the six dollar shares until Golden Matrix trades above $10 a share?. So they offered golden Matrix a very very fair deal that benefits GMGI greatly as it strengthens the balance sheet and Puts them in a very good position to perform an acquisition that can grow GMGI greatly? up ahead. $10M+ in GMGI bank with $6M more coming down the road when GMGI trades over $10 a share.

Like I said this is all my opinion and my thoughts and I am very pleased with today’s news. I’m am really looking forward to the future and growing with Golden Matrix.

Feel free to drop your opinions on today’s news down below. I would be glad to hear your opinions.?

Today many shares were being accumulated throughout the price range of around $5.50 to $5.75 mainly. There was many big buyers sitting there waiting for people to sell shares to them all day long. A couple of people on here showed some of the large blocks of shares that were on the level 2 as they awaited For sellers to continue selling more shares to them.

The daily chart still looks good as a base has built around the $5.50 area. In my opinion I believe there are some large Shareholders sucking up all the shares here in this range as many are willing to surrender their shares over to them. I have no 100% proof of this, but just from my knowledge in the investing world with my software this is what I see going on.

Let’s see what tomorrow brings. Have a good night all.

Friday was another good and solid day for GMGI on lower volume (33K Shares) as it once again tested the $5.50 support level but quickly bounced off it nicely. GMGI hung around slightly down for a good portion of the day until later on in the afternoon when the bulls took charge, and bought the Ask prices to finish GMGI nice and green at the price of $5.85

The chart is looking much healthier as the MACD is beginning to curl? closer towards where it’s needs to be to go BULLISH. You can see this in the bottom of the chart, the black line is getting closer to red line. Once this crosses over it is officially bullish. Not there yet but getting close. Let’s see if we can get any news next week as this will certainly propel us upwards.

All in all it was a great day, and I hope each and everyone of you has a good weekend.

Chart is looking strong like this is a great adding point here under $6.00

It was a very solid day for GMGI as it held the strong support area of $5.50ish for the third or fourth time over the past 2 days and actually touched all the way up to $6.00 temporarily. We has a good strong close at $5.80 which makes today’s green candle over come yesterday’s red candle, as you can see in the chart. The top of the green candle is higher than the top of the red candle from yesterday (Good sign).

It looks like this could possibly be the end of the selling pressure and time to trend back upwards as we’ve held that $5.50 range support area multiple times. Also many people have been clearly taking advantage of all of these super cheap shares under six dollars.

I was very happy with today’s movement, it was a bummer one of our good shareholders out in Honolulu Hawaii had miscommunications with his retirement brokerage, and they sold off 6400 shares roughly of GMGI on the bid. This is why the price climbed up this morning and then took a sharp dip around 1 PM Eastern time?. He said he will be buying them back ASAP. Sorry to hear you lost your shares.

All in all though we closed very green erasing all of yesterday’s losses and then some. I’m looking forward to seeing how tomorrow goes. Have a good night all.

Another day passes by as we close down 3.7% @ $5.56 per a share. Large volume of 115K shares traded today. Let’s not forget, every time somebody sells a share, somebody is buying a share. ?I’m honestly not sure why anybody would sell here. The company has continued to deliver good growth quarter after quarter and has picked up great partnership deals over the past few months which tells me new “Revenue Streams” and that usually reflects in a positive way on the financials. So selling here for more than likely a loss if you have purchased your shares in the past ?4 months is a real bummer... I understand the feeling of being in the red or underwater. I’ve been there in the past with other companies. It’s obviously not fun.?

Maybe you were only here for the NASDAQ? Hoping there would be a big jump in price for a quick flip when it hits? I don’t know. I don’t have the answers, what I do know is I remain holding every single one of MY shares?, Because I see the continued growth and see the massive effort from this company. This is why I am a long-term shareholder for more than likely the next few upcoming years ahead. Like I said before, you either believe in the company and believe they will grow and expand, or you don’t. You can read every day on all post here and can tell clearly who has sold and who has not. It doesn’t matter if you sold, but there’s no need to be a jerk and hang around trying to get everybody to question their investment or even convince to sell. Everyone makes that decision on their own. Nobody but you gets to decide what to do with your investment.

Let’s hope we can have a better day tomorrow, I’m optimistic that the selling could be over with. Have a good night all.??
???

??Look, I understand the majority of people are frustrated here because the share price has been stagnant and has gone down quite a bit lately. Would you agree with this? It clearly shows on every comment section in this group. ?If you are a long shareholder and a true believer this is just a speed bump in the road on the way to your future goals?. I myself?, and others believe this is the next GAN. You will all learn that investing takes patience if you haven’t already figured this out over the past years. If you’re invested the right companies that will grow nicely over the next upcoming years the share price should reflect nicely off this. I’m sure many others are loving this drop as they can obtain more shares for less cost. ?

I’m not telling anybody to buy, hold, or sell. I never will as this is not my decision? to make. It’s your hard earned money. Everything that I have seen the company do since I’ve been invested here shows nice significant growth. Quarter after quarter we continue to see increased Revenues, last quarter was 43% higher than the previous quarter. The company just announced they did a $703,000 month of December ALONE! Do the math, 703,000×3 months equals a quarter… And that’s if the next upcoming months don’t even grow larger. To me it’s all written right there in black and white. I believe GMGI with a time can pass GAN, I’m not saying it will happen in three months, but down the road in the future. I think the Longs will be rewarded heavily here.

I just did a breakdown this morning on the GAN vs GMGI numbers.?????? Why do I compare them? Because they are in the same exact business as GMGI is. Just different territories.

Below is a simple breakdown…?

GMGI
$119M Market Cap (Current 01/20/20)

Quarter 3 Results ($USD)
Revenue $1.49M
Cost of Revenue -$619K
Gross Profit $872K
Gross Profit Margin 59%
Total Operating Expenses -$830K
GAINS from operations +$41.6K
Net Income $30.5K

GAN
$865M Market Cap (Current 01-20-20)

Quarter 3 Results ($USD)
Revenue $10.26M
Cost of Revenue -$3.89M
Gross Profit $6.37M
Gross Profit Margin 62%
Total Operating Expenses -$10.43M
Net Comprehensive Loss -$4.08 for Q3

So GAN market cap? is currently 7.26 times Larger. If or when GMGI gets to? GANs market cap with their share structure (21.3M Shares) the share price would be:

7.26 X $5.56= (Current Share Price) = $40.41 per a GMGI SHARE.

Why is this? GAN has many more shares outstanding vs GMGI 21.3M to 35.5M I believe offhand. 60% larger Share Structure. GMGI share structure is more lucrative.

Of course the above example of being close to $40 a share is all speculation GMGI I would need to get their revenues? to $8-9M quarterly or slightly less but profitable. GAN doesn’t have profitability as their liabilities are high and they are losing $4M+ after everything was all said and done in the 3rd Quarter.

I 100% truly believe in GMGI, and that they will grow exponentially fast for the next 3-5 years minimum as this whole sector booms!

GOLDEN MATRIX ACCOMPLISHMENTS ANNOUNCED SINCE SEPTEMBER 24 2020
NOTE: GMGITraded around $5.75 per a share 9-24-2020. So all of these events below were announced and we are currently only .35 higher share price since.

-GMGI Projects a 40% revenue increase for Q3 Financials. 9-24-2020

-Landed a partnership deal with the London based company AMELCO to offer their premium tier 1 Sports betting software to all of Golden Matrix current (457 operators/online casinos) and new future operators. 10-28-2020

-Golden Matrix and Playtech announce a collaboration agreement. GMGI offers their all new Peer2P and Esports betting apps to Playtech exclusively. They also offer their new AI-X (Artificial Intelligence) software system to Playtech. Golden Matrix will be granted rights to distribute Playtech’s most popular games through its vast operator network. Playtech gaming software distributed by GMGI will include live dealer games, slots, table games, bingo and poker. 11-20-2020

-Golden Matrix beats the Q3 expected revenues by a few percent. 43% increase over Q2 with liabilities lowered to under $1M with cash on hand increasing to $5M+. 12-11-2020

-Golden Matrix obtains highly prized European Gaming license out of Alderney which hints of expansion out of the APAC REGION. . "It will be instrumental in expanding the Golden Matrix brand beyond the APAC region and help to accelerate our expansion into global markets. We believe that 2021 is going to be a significant year for both top-line and bottom-line growth." (hint: significant year) 12-28-2020

-Golden Matrix Achieves Record Monthly Revenues of $700,000 in December ALONE and on Track To Exceed $1.7 Million in Fourth Quarter (Q4 ends Jan 31st 2021)
01-08-2021

I think people need to realize what they are invested in here. Just my opinion. Know what you own. ?

Down the road not good or “zero”? Lol... I’m guessing many here don’t follow the company, and don’t realize they just sign two new partnerships, And our grow in their core business like crazy. I’ll just leave it at that, use your heads.

Flippers are going to flip. Trying to create fear amongst others is pretty pathetic but I guess it is what it is. I hope nobody makes their investment decisions based off a forum.

Huh? LMAO.... they just announced they did a all time record high month of $700K in December alone and project a $1.7++ Q4?

Revenues are amazing, and the growth is amazing. This Quarter doesn’t even include all the new partnerships which will put us through the roof in the next upcoming months!

Nobody looking for cheap Shares will certainly effect my position.

I’m adding another 2000 shares on Tuesday!!! :)

Good day today for GMGI shareholders as we held our ground and held green for most of the day. We did close slightly down though, down just a few cents at $6.22 a share. I am happy to see the overall recovery from the large dip a couple days ago. If it wasn’t for a seller last minute before the bell rang we would’ve actually closed up green today. It seems like the heavy selling that occurred for the majority of the week has dried up. Like I always tell you guys, you can only sell shares once. Once you sell your shares there’s nothing left to sell. Nobody has infinity amount of shares and they WILL run out. I think this is what happened. Whoever wanted to sell for whatever reason ended up running out of shares yesterday. The last sell at the very end of the day (3:59PM) was very minor, approximately 350 shares sold on the bid price.

On another note many first time buyers and long-term Shareholders were able to receive a great deal all week long on shares as there was plenty of them available.

Enjoy the long weekend everybody as on Monday we observe Martin Luther King Day, and the Stock Markets will be CLOSED.

I agree. All good signs...

PE? You’re joking right? What’s the PE of draft kings? What’s the PE of GAN? Oh yeah they are both zero. So what’s better a company with a high PE in the sector? Or a big fat zero?

I think you need to go back and study the sector a little more harder.

Today was a very interesting day? for Golden Matrix GMGI, had a big dip of around 10%? and somehow ended up closing back up even on the day. This was our largest volume day? GMGI has seen since the first week of September 2020 (4+ months). What does it mean? Personally anyone trying to claim they know does not know the truth. None of us do. My guess is we had a chain affect of sellers over the past week and a half for whatever reason. The last two days have been the heaviest, and today was the most. All I can say for sure is 151,000 shares are now in different hands. Unfortunately I think there was some scared sellers that gave their shares away cheap today and yesterday???. There was fortunate buyers on the sidelines that had piles of cash on hand to buy on this nice dip. I did see there was some first time buyers today which is nice to see as we consolidated nicely today.

Could this be the end of the big selling? I would like to think so and would like to say so but nobody knows for sure. I do know this, once you sell your shares you’re out. You can not sell those same shares again??. So I think we are weeding people out? as they sell for whatever reason, good or bad reasons.

So bottom line we closed even today as 151,000 shares got exchanged from what you would call “weak hands” into “stronger hands” no pun intended. What this means is the “stronger hands” that bought today??, Shouldn’t be looking to sell anytime soon, if you bought shares for $5.50-$6.00 You expect to get a return on those. Even if you are a flipper.

Let’s see what tomorrow brings, I know many of you transferred money over but the funds weren’t available today, but it looks like the price is still very cheap considering the share price has been higher for the past 34+ trading days. Many shares bought throughout the $6-$7 range in the past few months????.

Chart is still in very oversold territory, and the prices here are still screaming? undervalued and buy in my humble opinion. Look at that power move today on today’s candle. It tipped all the way down and climbed all the way back even. There’s a huge candlewick on it called a bottom tail. A Strong signal of a potential reversal back upwards.

I hope you all have a good night, I’m sorry to hear for the ones that got shaken out? and congrats to those new owners of the shares?. Let’s hope they were a good deal. There’s no saying you can’t buy back in if you sold. This is actually fairly common people of done this in the past even with GMGI.

You should always remember and ask yourself is the company growing? Are they fundamentally strong? Yes and yes. I know what I own and the day to day is all background noises.

PAY-tience pays if you’re on a good investment. I try not to let boredom interfere with my decisions, and the he said, she said on the group comments & stockTwits.

Good day.

Well said.

Lol... good post. “No upside for years here” very intelligent man.

Lmao

It’s not, those were all share options for the new directors. There’s only 21.3 million shares in the whole entire outstanding. That is very low for the sector. The whole sector is bleeding money, even GAN the competition They lost 4+ million dollars last quarter with $15 million in liability. GMG I was able to squeak by a profitable for the ninth consecutive Quarter and put a few bucks in the bank. You can’t really pick on this company much because there isn’t much to pick on. It’s a solid company and that’s why it’s going to the NASDAQ any day now. Have a good day.