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My only point was that you were expecting terrible #'s and the #'s were far better than you could have imagined eh? There is one valuable asset inside Engine.
KingsKnight,
Monday you will have a very different point of view. That's all I'm saying.
Kk
Let's see what Monday brings before you make that call.
KK, Again, agree on all fronts. You are very intelligent when it comes to this name. The conversion of the $15 strike warrants would take place if the stock was above $30 for a period of time. That's obviously a dud.
Any life in the stock right now has been met with large selling.
You can short the stock all day long, this I know.
Based on your opinion you may have just sold the low?
Make sure you are up early Monday. I think you'll be surprised.
..................
KingsKnight,
So you believe a good earnings release makes a difference? There is so much for sale being its broken the $7.5 private mark. I dont think good revenue numbers will matter for quite some time. Too much for sale from the broken financing.
Appreciate your intelligence and I agree with all your thoughts. Except upside to the stock. The days of $7-$10 are long gone.
I agree with you. Only point I was making was the 500 point drop killed the gap up that most likely would have followed the next days open and then the stock would have gone down the rest of the day.
Seems to me these patents are EXTREMELY valuable because they are foundational and David Lockton is a legendary inventor. I think the stock would have performed much better if Lockton hadn't signed the amended lawsuit the same night Game filed against DNKG. So I wonder if that was strategic on Locktons part?
When you mention patents expiring how come Netlist doesnt seem to have that issue?
If you look at Locktons patents that DKNG and Fanduel are supposedly infringing upon they are patents built on prior Lockton patents from circa 2005. Foudational.
So I always felt that if Lockton wasn't on the team then how would the patent portfolio continue to evolve and grow?
Appreciate your replies. Again, you are the most intelligent guy on these boards I've ever encountered.
So you are thinking $4(1.5x revs) you might buy back? Should be there this week. LOL
Kingsknight, I agree on all points you made. You are well versed in the hype of this name. I couldn't have spelled it out better. I'm hoping its not $5 by Wednesday.
I'd be curious to know your thoughts on the Lockton suit, being you are the most intelligent person on these boards I've ever chatted with. And how much that actually hurts investors perception of the patent suit and patent portfolio. DKNG and Flutter's next moves?
Jeffrey Parkers patents are tops in their class and what makes it such a standout to me is he is the guy orchestrating the suits. Most trolls dont have the inventor front and center like Parker. What does engine lose not having Lockton on board?
Thanks
So the only point you left out was the 500 point market gap down the morning after the stock popped to $14.
KingsKnight, Very refreshing. You know the game for sure. I agree patents take a very very long time. And I agree with your move. Im just a bit surprised you didnt sell on the DKNG suit? Being you know it was going to be years and the stock acted like crap. By the way what is the abbreviation IB? Thx
Nice trade KingsKnight. So no more moderating here?
So I guess there wont be anymore postings! lol
No one left.
I always thought you knew a good amount about Engine media.
Guess you really don't know much about Engines true asset value.
Do you know the value of Stream hatchet? Probably more then the entire co currently trades at. Good luck.
You are nuts holden, get out of that EGOC......before you get trapped
Your Chart looks like a bottom to me based on stochastics.
Last Q revenues grew quite nicely. You are too bearish
Get fired up for a week of all time lows after all time lows! Maybe chan will bring a $100 mil secondary at .1 soon. I'd take that bet!
He's the only insider to buy either shells games. He is in full control of both boards this is all a sham. Don't be long. Chan gets all his stock for free. Follow the money
Smart move man. So many have followed this con man and held on. I spotted him early on and got out at $10.
Those clowns know nothing.....
So the last q over q 12% revenue growth was not impressive? Sure looked solid to me. Current 34 mil run rate? 3 times revenues with 60 plus foundational patents? Comp me another co in the space anywhere near these metrics. Dont forget the 20 mil cash in the bank. EnjoY!
Yeah, Im sure he will waste his time with someone on the penny stock board. LOL!
And bye bye to current shareholders equity! As they get massively diluted and the stock never lifts again!
Like everything else, it's all fraud.
You need to have your hearing checked.....
It's not in a PR. No company would out that out. It's in their recent f-10 to the sec
Why would Engine care what the stock price is? The warrants are 7.5 exercise price. 900K of em.
Should be an interesting May
Yeah, I'm sure you have buckets full of penny stocks that have gone to multiple dollars.
I was talking about APLD. Typical shell
MC should be twice what its currently trading. The past is the past. The company is under new management. Top notch resepctable board. plenty of acquisitions ahead to create a real operation. They are still in the process of figuring out the secret sauce. Look at Enthusiast gaming. They just lit the fuse on their revenues with a few acquisitions. This whole industry is rolling up. Early stages. Its all fueld by cheap money.
Hysterical, chan the uniCON!
Really? You are pitching this garbage? was a .01? and you think this is real? come on
MLLLF (it might be a while)? Based on what? Canada approved the 150 mil shelf. Makes no sense why its not approved. Maybe the SEC is waiting for a resolution on the patent dispute? AIS arbitration? Cant be much longer
Looks like the money will just continue to be stolen by Chan and Thatch. Maybe even throw Frank a mil or 2. All criminals
The 8% rate on the convertible will be Chan's and thatch's retirement fund. That's how they lock in the long term steal. Enjoy
Don't kid yourself. Thatch and chan will steal that 30 mil. Shrg and dss both will suffer long term. Enjoy!
Fully diluted is 260mil and growing
It's not based on public float but rather daily volume. The daily volume isn't enough to handle the conversion of 900k. I suspect the stock will drop to 8 once may approaches. Unless of course they get listed but even if they do get listed still 900k needs to be sold or some amount. I'd sell and buy back at 9 or lower
That's Chan's end game. Make dss a flea market of holdings so no one can figure out what is going on until all the money is gone!!! Chan the uniCON!
It's all about chan selling dss his dog shit assets he developes just by filing a new llc registration in Texas. Worth nothing but sells it to dss for $14 mil. Just like the garbage dss is about to close. This is legalized fraud cause no one understands the uniCON!
There are about 900K warrants that need to be exercised from May 10-22 so that is potential supply. No clue if those warrants will be exercised and sold or held. No clue when the SEC might approve the listing. Lots of moving parts could affect the price with all that supply if nasdaq listing doesnt happen by mid May. This is why the stock is being held down at the present time
jholden you are soft, you must have double paper hands.......LOL
And down the toilet the shrg ever increasing float goes.....