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Yes,
But I guess it’s nothing..
I was just speaking to a buddy of mine, about online gambling sites , and I asked him.. what’s going on here, how come nobody launched any online gambling apps anywhere yet, and he told me that there’s people working on it, truth is, nobody believed Phil Murphy was going to succeed since Chris Christie tried for so many years and was never able to accomplish it... but it’s surely coming... I just hope we are on the right boat.
Did BETS file a delinquent SEC report??
How come the OTC has updated there site informing???
I don’t remember seeing it there yesterday....
Been patiently waiting ... but still there hasn’t been a single online gambling site in New Jersey or Delaware...
I wonder what’s taking so long... NFL is about to start in 3 weeks... and advertising for the summer is coming to an end, where it’ll raise advertising cost for everyone.... beaches , hotels website, radio ,and parks was the perfect place to advertise, at minimum cost.... ufff ..... MLS , MLB , NBA , NCAA
places for advertising and generate instant popularity...
IF ANY MM IS LISTENING!!
You have shaking and baking BETS where price has dropped to .0016
It’s obviously, that out of the 56 million authorized shares and 20 million shares being shorted, the only thing left to do now , I’m assuming is SS on the next spike, and holp holders , release there positions..
I’ve been watching you, and I tell you this, WE WILL BUY ON DIPS!!
This isn’t my first rodeo, and I know quarter date from last spike is coming.
IVE BEEN HERE FOR ALMOST 2 TEARS (aka years)
So come on!! Give us a sign!!
SHARE STRUCTURE PER TA
4/18/17
AFTER REVERSE SPLIT
DATED 3/14/17
Authorized: 400,000,000
O/S : 56,072,673
Float: 55,200,953
Revenue: The Division of Gaming Enforcement releases its June report covering the first 17 days of betting. Casinos took in $16 million in wagers, holding about $3.5 million in revenue.
PPB + FanDuel: Bookmaker Paddy Power Betfair completes its acquisition of FanDuel, one of the leading daily fantasy sports sites. The US branch of the combined company is now known as the FanDuel Group.
FanDuel Sportsbook: Northern NJ racetrack Meadowlands sends out invitations announcing the launch of the first-ever FanDuel Sportsbook this Saturday. In partnership with PPB, the state’s fourth sportsbook will open at 11 a.m.
Online/mobile: The 30-day waiting period for online/mobile betting expires, but operators have yet to begin accepting bets remotely. Read about the partnerships in place for possible clues on a timeline.
Esports: A networking company called Continent 8 is building data centers in NJ, apparently creating the infrastructure to support an esports hub. Atlantic City is going after the esports industry, and regulations allow bookmakers to offer esports b
The first company to start online sports gambling, will day for there licenses and fees in the first WEEK!! I would imagine...
But still no show from anyone...
other than some European investors, I still haven’t seen a large movement..
FanDuel and DraftKings are looking to impress, Vegas casinos , still haven’t shown.
IMHO the short sellers alone should bring this up to .002 .003 if people continue to be patience, ( I don’t believe they are) there should be another 1000% movement.... IMHO
there are hundreds of casinos, let’s hope one of these investors are taking advantage of the existence of this shell to get things rolling.
It’s been a couple of days in New Jersey, since they have been able to launch online sports gambling and nobody has done so yet.
I’m not sure if Delaware will be launching online sports betting , what I can tell you is that Delaware has made 7 million in 21 days
And New Jersey has made 16.4 million in 17 days
And believe me, the location for sports betting is far from metropolitan cities
At least it appears, that BETS has the requirements.....
Gov. Phil Murphy signed New Jersey sports betting into law on June 11, meaning we’ve reached the end of the 30-day waiting period for online and mobile wagering. Beginning this week, bettors could, in theory, legally place electronic bets anywhere inside the state.
Except, as of now, nobody appears ready to accept those bets.
Casinos are permitted to form as many as three online partnerships apiece — and several are in place — but they must have a physical sportsbook (at least under construction) first. Only three properties have sportsbooks at the moment. In addition, all potential partners must secure supplier licenses from the NJ Division of Gaming Enforcement, which can be a time-consuming process.
It doesn’t appear anyone has met the full list of requirements yet, so let’s run through what we know so far. Some of the land-based intel might help frame the timeline for the first online/mobile bets.
This price movement just isn’t making any sense...
I see the volume, and I just can’t figure this out.
And that 3 million shares support comes and goes,..
The all barriers are being placed for 18,000 shares
Keeping prices from surging
Yet the are now showing a sell by NITE at .0054
It’s been 3 months now, and they have kept share prices up 250%
But they insist in only buying back at .0027-.0025
Aff ?? how long are they going to keep this up...
Online gambling is taking all types of action
Investors are coming from around the world for the opportunity
To join the market
But I still don’t know who thie private investors might be!!
Aff ??
YEP! It’s crazy!! But now the bid is 3 million at .0028.
Price had a few hits for maybe a little over 250 thousand last week.
It appears they had tried doing that already. They decided to bring prices down once they saw there wasn’t a bid at .0038 no more. Cool I guess.
Someone wants 3 million shares of this, and there raising there bid for it, if I’m not mistaken.. the question is, how will they get it?? It’s been over 3 weeks that bid has been out there.. well , like any good investor should do , is please do t stop researching.. has anyone discovered anything new??
July 11 should be the beginning of online gambling..
It falls on a Wednesday... let’s see if we can pull a rabbit out of this hat.
I don’t understand.. how can someone sell 4 shares at .0027 and the price not decline??
Today’s total volume so far was 4 sold shares for a total value of .0108
If I have to own all 400 million shares of BETS
Than be it, if price keeps dropping, I will buy more..
Whoever is playing this game... must be getting tired..
it’s been over a month now...
I’ve been patient... and I can wait a whole year again if necessary... but this time , I WILL keep accumulating.
If it takes buying all 400 million shares. At .0001 I will do it
I like to think I ain’t no fool.
It’s not everyday, a POS runs up 1,100 %
One thing is for sure, once it ran, it was shorted, and if OTC short report is right, there was approximately 10 million shares shorted, and not enough volume to show it has been covered..
I might be wrong..
Regardless, according to rules, apparently online sports gambling can only start 30 days after the bill is sign..
I’m being patient, but I do know, New Jersey ???? has been allowing people to register for gambling licenses since February of this year.
Hopefully something has got to give.
This is my understanding..
Market Makers work by contributing liquidity to the market and standing ready to take the other side of trades, earning the bid-ask spread for this service. Spread betting providers are essentially market makers who work just like stock broking firms. Stock exchanges traditionally have market makers on the floor setting the prices. Their function is to buy and sell stocks, standing ready to provide a quote at any time. As their ultimate goal is to balance the amount of stocks bought and sold overall, they set the price to try and achieve that, but it is their responsibility to provide liquidity so that anyone can trade at any time.
The spread betting provider has a similar task. Spread betting involves a bid and an ask price, the difference between these being the spread, and in the case of spread betting on stocks for instance these prices will typically bracket the price offered on the exchange. The provider's task is a delicate balancing act; the prices the market maker quotes should be such that he gets an equal number of buyers and sellers, so that he is not left speculating on the price move. The provider's profit does not come from speculation on the direction of the market, but from the spread i.e. from the different market participants crossing the provider's bid-ask spread quote to go long or short.
In ideal conditions each time someone goes long another trader would go short the equivalent amount eliminating the net exposure. But in the real world prices are constantly changing, and market makers must stay on top of the market's supply and demand in order to have a successful business. Therefore, when many more spread traders are going long than short on a particular market, the company will need to hedge its excess exposure in the markets or futures contracts. As there are many spread betting providers vying for the traders business, the individual provider must not only balance his exposure, spread and market prices, but must also compete against other providers who could offer better terms and attract business away.
I’m still here as well..
And it’s very interesting, how they can easily drop the price to .0001 but there not doing it..
One thing I can say , is that CANT , and CDEL and NITE has had a few large purchases, and they all look like accumulating..
another thing I believe, is that short sellers has not yet covered, and if correct, there’s at least 10 million shares to be covered..
This has been manipulated since it went to .013 and yes prices has dropped dramatically..
I hope this is the real deal
All this makes me believe that there will be an incredible price surge, IMHO
Yes we all know authorized shares is 400 million
But does any of us know how many is being circulated??
Not for nothing... but I DONT think many.. and that is why market makers have so little to work with, They won’t even risk putting to many shares out to on the ask.. it feels like there just trying to get everything they can on the bid side... because it’s there job , and they have to do it every day, so that makes them patient..
Unfortunately I don’t know what I’m doing.... I’m going in this blind, only fallowing my instinct..
Truth be told, imho this is only a shell... with manipulation over the price...
it took a whole year for this stock to show any sign of life..
I was in the acquisition of Apollo and I was left stranded in the RM
once I saw the stock go up 1,100 % I had made a lot of money... but I did not sell it..
Part of me wish he had... but I’m a believer...
How cool would it be , if DraftKings decide to take this shell over!!!
I’m very focused in New Jersey gambling, only because of it population, and it’s proximity to other major players..
With that said, they were letting people sing up for gambling licenses since FEBRUARY!!
Onother piece of the puzzle that has come to my attention, is that online gambling only starts 30 days after the bill is signed... I did not know that...
But I do know , that it’s was in a U.K. that New Jersey gambling commissioner said in February, that now is the time to apply for your New Jersey licenses !!!
And it was in February that BetPack took over Seaniemac accounts and purchased by a private investor!!
I’m crossing my fingers here folks, I hope we get rewarded for this!!!
Ceaser casino, Harrahs, Bally’s, Golden Nugget, Wild West , Tropicana,Rebel,Hard Rock.
I can’t remember any others in Atlantic City..
I can only point these 8 from the top of my head..
But maybe I’m wrong... and all my expectations will lead me to nothing..
Who knows. Maybe..
They sold more shares, now there supporting.0018
I guess I will put a little bid there.
You should see my bids under NITE
I’m very happy to be here!!
Phil Murphy is supposed to sign the bill today..
Gives investors to advertise on the beach’s of New Jersey
Where they’ll be able to reach MILLIONS of people every single day
Seaside heights , Long Beach Island, Wildwood, cape may, sandy hook, long branch, great advantage for sports gambling
I was really hoping he would have signed it yesterday , but I’m not going to hate him for it.
My friend, we don’t need PA nor NY to legalize it. Just NJ is sufficient to get things going..
I can see that too..
But there not doing that..
Everyone knows there’s a chance this can go to .0001
If you say so.
Between New Jersey, and New York, what would you say?? 15 million people??
Let’s say , 1 million plays sports betting,
A small platform of 30 thousand players
30thousand times 20 dollars a week = 600thousand a week
600thousand times 4weeks is 2.4million dollars
Of course you have to pay winnings
So take 2million for expanses
Your still left with 400 thousand dollars
Take that number and cut it in half
Your still left with 200 thousand a month , 2.4 million a year
It’s a new market, and there are plenty of investors out there, who wants to take there money and put it to work for them
2.4 million a year, would bring 400 million shares value to .006
Just about where it’s at now
Ok, your right, but it’s enough to move the market,
If Seaniemac was able to process 321 thousand bets with 21 thousand customers
Imagine what it would be able to do in the United States ????!!
Horse racing, NBA , MLB , SOCCER, NFL , NHL, OLYMPICS , OMG
I’m leaving so much more out !! PGA , NCAA,
There’s no end to the possibility’s !!
If nothing happens, this will be a shame.
Isn’t that the great thing about trading ??
You are absolutely right, NOBODY is buying..
but whoever is selling is making sure price stays here
Whoever is controlling the market is keeping it above.003
Look anytime anyone decides to move on and take there profits, price drops, but almost immediately it rises here again.
I don’t know what moved the 3 million shares this week. All I know is that it traded hands , and it would be much better if it was upward
But I’m still positive
I’m still holding
Money is coming soon imho
Still no updates here I see..
legislators has passed the bill in New Jersey, now let’s see how long till Phil Murphy will take it to sign it. Delaware is up and running, but population is not the same.
New Jersey does not only offer closer proximity to New Yorkers but also to Philadelphia.
I was sure it would have been June 7
This thing popped on a Monday, I hope history will repeat itself.
The way this is thin , any small investors with 10k will send it right up to .01
1 PR WILL DEFINITELY send it to .05
Just tell us that you are coming home BETS!!
Sounds like you’ve been in this mess for a very long time.
I’m pulling for you, I’m pulling for us.
Hope is within me, and there is no such thing as coincidence, everything is done for a reason .
I sincerely believe that there’s a lot more money to be made in sports gambling in the US than in Europe
They had a legitimate business at one time.. hopefully there going back to it.
I’m glad I got to meet and hear you.
Thank you.
Incredible!! How have you kept up with all this??
I was doing some DD on the transfer agent, and I’m sorry to say I’m not too happy about them. But I came across something kind of interesting... wasn’t BETS an IRISH company?? But on the transfer agent, it’s marking USA. Anyone knows anything about that??
Look billy, I really want you to be wrong. But there’s a possibility that you are not.
Investing not just on the OTC but anywhere is a HIGH risk game,
I believed something is going on in BETS but I have no proof other than what we have all seen
And if someone is being fortunate enough to buy shares at .003 and sell it at .004 good for them, but soon there will be no more shares available at .003 and sooner or later his not going to be able to buy at .004 regardless of his actions
My belief is that by the end of June there should be some news
Look, if that’s the case . Fine.
But still someone or something is still consistently buying shares at 100% value of abou 2 1/2 weeks ago.
Share prices was at .0014 if I remember correctly.
Now I can be wrong , until I’m proven right , this is all jeeber jabbers nonsense.
Ilegal or not
Price has been constantly moving.
And bid price has not changed from the .003
Don’t you think if it was old investors selling out, that they would have lowered ask price by now??
Or if it was new investors coming in , they would have raised the bid prices??
Who’s manipulating the market if in your words it’s illegal to buy and sell???
Didn’t Solaris power cell (SPCL) have no value and when word came out , about a RM it went from .0001 to .02
It’s just a matter of being patient in my honest humble opinion.
There’s to much coincidences going on here.
They could have very easily closed this ticker for good in the past 2 weeks,
It’s almost as if , they want us to sell to them for .003
At times they even raise there bid up to buy back shares
But there always there. Waiting patiently.. picking up bids at the lowest prices they can. And I have to admit, it seems like there being successful..
You are absolutely right. This can easily be another scam...
I’m almost sure , that New Jersey dense population of 9 million people, they are going to start many online gambling companies.
I’m not sure they will be successful, but I’m sure there going to have to start somewhere.
Regardless of anything I say , it’s just my opinion.. but really.. how many ticker are out there , with the same capabilities as BETS??
In case it’s a RM , wouldn’t all the have to do is proof the existing company value and new company financials??
Look , Seaniemac is gone, and They have almost no Irish affiliates ,
Everything is pointing to BetPack, that’s who became responsible for all the accounts.
Now , we know Seaniemac had more than just sports gambling, we all know they also had licenses for table gaming, and slots.
We ALL know they had poker tables
The question is, how much is that worth, and how many companies are there out there with this kind of structure just ready for a investor to get started??
Look , I’m no genius, and I’m going more on guts , rather than smarts, but there licenses in the UK , Ireland, and Vegas , has got to count for something.
SS doesn’t have a determinant amount of time to cover the shares.
They can hold it for as long as they want. My concerns are those small 10k slaps, I ask myself.. what are they signaling to each other. There is no base support, but resistance keeps appearing in many lvls .
There hasn’t been any money in this for almost 3 weeks but I need to be patient , and when possible I’m going to continue buying.
,
One thing I believe I can be honest and sure about. If they wanted this at triple 0001 they could have had it, 400 millions shares at .01 is only 4 million dollars.
That’s with ALL authorized shares.
With a few millions, they’ll send this right back to triple.0001
But they haven’t, because they know, we would buy more shares to average the price down, where in the end it would cost twice as much to merge or buy this ticker.