Ooooh Yehh
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I'd still be in favor of a RM with ViaOne, they'll be able to secure a lot of financing for expansion that route, and then could really capitalize the Good Gsming division if they chose.
Either way, at least long shareholders would benefit in someway.
I don't see how they scale their current model past $100-150k a year, if they're lucky.
I agree, but mobile targets everyone - parents may cut the robux funding in their house in this environment- they may be less likely to cut their own budget for that game they like on their phone.
Just an option, I think making a few mobile games would be good for the company.
Who knows, we may get a flappy bird type hit. Simple development - crazy return.
On that note, Joshman has experience in modeling of textures. I'd get him on texturing some characters for a mobile app once an idea is put together.
If they're going the route of microtransactions, then I think creating fun and exciting mobile app games would be a good way to diversify.
Minecraft and Roblox are good to develop but cater to a certain crowd - Roblox mainly to kids who last time I checked are typically broke and the model relies on parents giving in.
Mobile development would give them access to the world as everyone has a mobile in their pocket - kids and adults alike.
That would be a good area to target next once Minecade is online.
I'd have a team member researching mobile trends right now in preparation.
I don't get why they didn't do that over a year ago though. We have had products for over a year, and they've mainly ignored / not promoted the product and shut down communications with the Little community they had.
Release if the waterbear collection was their chance to build a community through communication with the web3 community.
They released that collection and went radio silent immediately. They killed that collection- the waterbear collection at that - the best of the classes and the most likely to penetrate the web3 space as a pfp in Twitter presence immediately by not talking whatsoever or promoting it or really doing anything other than selling them.
They are their own worst enemy when it comes to marketing.
I mean honestly, it doesn't take a genius to figure out that if you want something to grow you need to talk to the consumer.
David Sterling has all discussions on lock down and keeps everything secretive. The result is no one gives a shit about GMER in web3. And outside of investors in GMER, no one even knows who they are.
They have stockholder money to spend - they aren't hungry enough to push the boundaries because they don't need to.
And it's resulted in nothing being accomplished, no growth, and funds dwindling down as they revert back to the business model they claimed a year ago wasn't going to grow GMER in Minecraft development.
They should have grown web3 and then went back to Minecraft as a side hustle. They're putting all their eggs back into what failed last time.
Honestly, they need to RM with ViaOne or just sell this thing to someone who knows what they're doing. They've had ample time and opportunity to grow this, and they've missed every mark.
They punished the Web3 community that gave them initial funding, and then got them the funding from the S1 because we bought their product and tried to help them grow. Then the S1 wrecked all of us, and then they ignored the very community that got them where they were.
Long story short, David Dorwart needs to get more involved because this isn't going anywhere. Merge with ViaOne or sell this off to someone who can run this appropriately and reward those who helped them instead of punishing them.
Imo.
500mil a day here would send this through the roof. Lol
Did you all see they've released a BETA test for MineCade? March 4th I believe, announced in discord.
If they can bring that thing back to life that could be very good.
422,948 forum members. Bottom right shows Good Gaming owns the website.
Let's hope they can revive that community.
https://www.minecade.com/forum
It would make sense, his paycheck just got cut to 0 and he seems to be able to create the games and market them well enough himself.
Could teach GMER a few things, mutually beneficial hire.
If they acquired a few more developers they could become a development company like Meraki and make money working contracts to create games for others.
Free Fluxty up to work on actually doing something with Web3 if that's still in their scope.
If GMER was smart, they would sign him up as a GMER developer instead of a just a 3rd party publishing partner.
He is banned from Roblox on his account, use his talents to publish Roblox games under GMERs account and make it known to his fan base that he is continuing under the Good Gaming brand.
Easy way to have an immediate fan base for GMER, and potential new shareholders as they discover GMER.
Plus, Roblox and Minecraft have more of a crossover than Web3 and Minecraft does, might gain some new Minecraft subs too.
But that probably makes to much sense for them to actually do.
Imagine ViaOne starts a share buyback right now in GMER in this range and reduces the float. Announces the merger, followed by a PR saying they've bought back millions of shares.
Then a few weeks later announces a buyback of up to $5 million dollars over the course of the next year.
They don't need to actually buy back $5mil as it's up to $5mil.
That would send this on a riot.
One can dream I guess.
I picked up a few more today on this dip.
I think the RM with ViaOne is thr best route forward, but it doesn't hurt to take a few when there is a seller amongst us giving a steep discount foe the week.
Dorwart said previously also that they receive interest for mergers frequently (outside of ViaOne)
I hope he finds a good one and does it.
I'm done with the Minecraft and Web3 experiment. They went full circle from minecraft not being good enough, to decent web 3 results at the start, to no web3 results, back to minecraft being the main driver.
On top of that they release a PR about them helping Roblox creators fund and market their games as a new publishing vertical, sounds great, except they haven't been able to successfully market any of their own developments.
It doesn't make sense anymore. They tried, is all I can say. RM with ViaOne and start actually doing something to give shareholders real value. Good Gaming is living up to its name, good, but needs to be great, and it's not.
Time to think bigger than Minecraft servers and copycat Roblox games and get some real revenue flowing into this small share structure.
Imo.
I wonder how much thought David's put into contemplating the move. He has to see that GMER is not going to be the vehicle that reaches those levels.
ViaOne already controls a lot of the shares through Series B, Dorwart owns several million shares.
Seems like the solution to the statement below is literally in his control. He's nearing retirement age, he could take it public now, run it for a few years and turn the reigns over to someone to continue to the trajectory he's set.
From Jan 2021 PR:
"Although we recognize our improvements have been nice to enjoy, we also acknowledge the revenue numbers are nothing close to what they need to be for a nice shareholder improvement.
Relative to looking for strategic relationships, we continue to be optimistic that our efforts in searching for a great strategic partner will come our way. As I have mentioned before, our aim is high and our only goal is to increase shareholder value by operating a business that has raving fans."
I'm holding strictly for the chance they RM ViaOne into GMER.
Their current path will produce minimal results imo. If they want to uplist to Nasdaq like David Dorwart says, then he needs some BHAGS - Big Hairy Audacious Goals like he said a few years ago.
They've given this experiment enough time, fold ViaOne into GMER and use GMER as an arm not the whole body.
Everyone benefits, shareholders, Dorwart, other ViaOne employees holding stock or using the ESOP, and they could actually begin to capitalize GMER if they want to keep the experiment going instead of running on fumes.
David should do it now while the share structure is still intact. Should've done it before the S1, but nows the next best time.
Imo.
It's after hours, the bid and ask always widen after hours. Bid on Tuesday will probably be .039 - .041.
Just means there's not many buyers or sellers. Pressure either eay will push it.
Sellers are getting bought on the bid which is good, but no one is really taking the bull by the horns and slapping the ask.
It's thin, but there's got to be sustained buying pressure.
When that happens we will move up as there aren't many sellers left here. But when will it happen? Who knows, their news isn't driving any movement l, so investors are obviously wanting something different out of them.
There's only so long they can milk the wl"we are building minecraft and roblox games" news.
A hint of them merging with ViaOne could send it sky high though.
A $200mil revenue parent company merging into a 111mil outstanding share child company... that could instantly send us back to test the .70+ range and pending their actual numbers we could be sitting at $2-5 in short order if that were to happen.
Yes please.
How have they not followed up? I'm all for calling a company out on things, but they did follow up on multiple games and revenue streams.
Even Microbuddies, though it hasn't really gained much success, they did release it. They follow up on everything they say.
It was around 110mil last time. I agree, about 1 million added to the OS
I think it would be a better take if they released a PR about an investor presentation from the CEO / COO / Developers where investors can use Zoom or whatever and see a presentation of what the company is doing and hear it from them directly.
Showcase their work on Roblox, Minecraft and the Crypto side (if their even working on that still)
Most investors aren't playing Roblox and Minecraft so we are just imagining what they're trying to sell us on.
They should make a dedicated investor presentation and post it to their website and promote that link and show us how they're growing, what they're developing, and what their plan is to see exponential growth moving forward.
They're a small timer gaming company building upon others framework. It's not like EA games or a AAA developer where we see commercials and know people that play or shareholders play themselves.
I'd be surprised if the # of shareholders who also play their game is more than 2-3.
A presentation that current and potential investors in them can see that highlights their developments would be good, a lot better than random people telling us to buy without buying themselves.
It's really odd to me that ViaOne has a marketing division but they can't seem to figure out a good way to market the GMER products. Maybe this past PR stating they're going to market is true, but I've been hearing about them going to market soon for a year and a half.
They need to understand that marketing is not the same as paid promotion, one may have slower results but more meaningful conversion, the other just brings hype boys with no conversion but a lot of confusion.
Imo, they can do better if they really tried. And avoided the easy way out.
Promo videos, build out an investor presentation hub on their website, drive people to the presentations, presentations will lead to shareholder conversion, that will lead to growth.
And they need to stop missing their deadlines. Come hell or high-water, they said Minecade would launch I'm January 2023. It is now February, no Minecade.
I don't care if you just released Prison and don't want to release two things at once. You said January not us, release it when you say you will or don't say you will. Looks bad. Every deadline gets pushed back for some reason, if you aren't going to release it on the exact day you say you're going to, than don't put a self imposed deadline on it. It is becoming a theme of them to miss the deadlines, the product eventually comes out, but punctuality matters and they've created an expectation (from those who've been here awhile or pay attention) that they will miss their deadline instead of exceeding it.
Say you'll release it in March 2023 if you think January. Then the PR in February 2023 saying its released makes you look like a genius instead of a dummy.
Imo.
Yeh, the posts are kind of obnoxious. Especially seeing as they are pumping it without actually buying it or else we would have seen increased volume.
Pumping with no action smells bad, if I wasn't already a holder and I visited the board I'd probably turn around and look elsewhere.
They aren't really saying anything in their posts except restating what we already can see in the PR.
And the fact that so many new random showed up the same day, to say the same thing, and no increase in volume just looks bad.
It's kind of like when Jordan decided to promote their Twitter account, we have some followers, then all of a sudden we have thousands and thousands of new low quality followers on twitter but the same few people in discord.
It makes it look like a paid follower campaign without any substance - not a good use of funds.
Quality matters when it comes to followers and shareholders, not quantity.
Yep, and they didn't even do a good job of getting high volume. Lol
If we ever become quite profitable, I wonder if GMER would try to acquire Meraki Studios?
This is what, there 4/5th collaboration with them?
GMER news out. Breakout watch, today might be the day.
AI tech in game would be interesting to use for moderation. Would cut down on employee expenses having a human moderate the servers if AI can handle it.
Cut down on abusive language and gameplay automatically.
It would be interesting tonsee if the can tweak the AI to learn player behaviors well and print our reports on how to drive higher sales based on player habits.
Hope to see the hype return to previous 2021 levels.
I think a PR from the CEO about the overall health and growth plans of the company would do well.
Messages from the COO about product lines are nice, but I'd like to hear from the CEO how he envisions the growth of GMER, and why investors should believe in him and his team for the long haul.
That was his strength here in 2021, laying out a plan of the future. I'd like to see that David D return. He's been silent on GMER since bringing on David S.
I get He's busy with ViaOne, but David D has a large stake in GMER, and his words of wisdom could give investors the confidence to buy and hold.
He should detail how he's scaled several ViaOne companies, and how he can do the same with GMER.
I agree. It would be foolish to use cash outside of development right now.
I'd rather they buy back S1 shares and put them back in the treasury than a dividend if they were going to burn their cash.
I don't see either being an option at this point.
Weird posting here today. A lot of hoopla from New posters about how they can't wait to buy bit they ain't buying.
Lol
Keep an eye on $GMER. On the cusp of a breakout. When it goes it normally moves quickly.
I'm sure he can, but taking his companies public and owning a bunch of shares could make it a juicier retirement package.
I have no idea, I don't have access to his bank account. Lol, but it seems like an idea that could be explored, especially since he said it was an option.
I just wonder when the scale tips towards that becoming a more serious consideration.
I'd certainly welcome it as a shareholder.
We'd gain the stability of 7 more companies + Good Gaming instead of just Good Gaming.
200mil revenue is a good chunk of change / 110,000,000 outstanding shares.
$GMER breaking out of its channel here. 87 mil float.
Looks like it! Ask walls cleared. Ready for take off.
Good day here. Manipulation of price will come to an end the higher we move and as shares get distributed more evenly.
I wonder what the thought process is for not doing it. I mean, obviously complicates things, but seems like David has a lot to gain from going this route, as well as other shareholders that work for the company.
I bet more employees would jump on that stock option plan.
Assuming they make 10% profit on their $200 mil revenues, that would give this a PPS target of around $2.4 at a 13x multiple, which also could be a low valuation.
At a 25x PE ratio which is not uncommon in those sectors ViaOne operates in would put it at $4.5 and would meet Nasdaq requirements.
Wonder why they haven't seriously considered this route.
David Dorwart said on a conference call previously that an RM with ViaOne was something they were aware of as a possibility should push come to shove.
I wonder at what point they begin to seriously consider it as an option.
If their 200mil revenue number they said was correct for ViaOne as a whole, that could be the catalyst needed to get this ticker to Nasdaq, which David also stated was his goal.
David owns quite a few shares and could be eyeing retirement as he grows older.
When will he pull the trigger on the idea and make GMER just an arm of the public face instead of the whole body?
Time for round 2 and beyond. Let's get going GMER. Time to engage the rockets.
I hope they kick their marketing and social media presence into gear this year and start converting on their efforts in 2022.
The games are all there now, they just need more players.
It could be a breakout in either direction. But I'd say the breakout potential is more to the upside at this point.
The market cap reflects almost the same value as their cash on hand without accounting for any of the new product lines or any growth that we have had or may see.
They need to continue to build out their platforms, but they really need to work on engagement and conversion rates to really build this into something.
They lack heavily, in my opinion, in promoting their products. I search microbuddies and good gaming somewhat frequently to see if anything new is out there.
You would think an algorithm would pick up my search history and suggest an ad targeting me for their product, but so far, it has not.
They may build a beautiful empire, but it's no good unless we get traveller's to stop and think it could be their home.
Still holding.
To be fair, a lot of everything is down a lot of percent.
LGB
Price sucks, but at these levels I'm still confident this is a good buy.
They have products, they have a clean public co should anyone be interested in merging.
Market cap is about 2x Cash in hand.
OTCs got smash and grabbed in 2022, GMER was obviously one of them.
But, with a MC of 2x Cash on Hand there's a lot of room for growth here. And a lot of options for what to do from here.
Minecraft server is growing. 64 players online right now.
It would be nice if David or David bought some shares in this range. At least show they have a little faith in this stock.
I know they own shares, and that Sterling was given shares, but if they used their money to take a position here it would at least show they believe in their product.
Bidders not stepping up.