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Record fins expected to drop by 3/10, P2P system slated to launch in 2nd quarter on top of application for Mexican gaming license. Of course uplist to NAS is a huge catalyst expected any time. Possible the sellers have dried up. Either way this is a company that is not only growing but is cash positive and makes money. Rare in this sector.
Green is crap?
Haha, you also said sell at 5....
Give it up already. You obviously have no idea what you are talking about or are purposely misleading potential investors. 10 weeks... lol. Most turn around times after application are taking 10 months.
Not true, look at other company application to uplift time. Several examples showing we are still in those time frames.
$GMGI CEO no longer part of $ELRA. Do your DD people. This was a past company that could not make it. Go look at the last 10k from 2016 and see all the debt. Last filing was Goodman saying no longer reporting. People are attaching GMGI SEC reports as if there is a correlation to ELRA. There isn't. None, Zilch, Natta. There is NO evidence to prove this company is active or that Goodman is even messing with it at all.
Come on Roger, you have been telling us we would only tank from here when we were trading at pennies. The smartest investors here half done exactly opposite of what you say.
Typically don't see Goodman put news out based only on time frame from last news drop. He has stated and been consistent to not push much fluff PR, he stays on track and will push news when it is in the process or has materialized. Organic growth, this stock is up big still so nothing unhealthy here IMO. Still think he is holding multiple items for after uplist. Getting on the big board is the catalyst needed for me to know the process is moving forward. Hoping that happens sooner than later.
I think you may be wrong. We have seen this many many times over the past two years. The stock simply needs time to cool off. Pretty sure most of us who have been here this long are holding out for the big boards. Also, people who have been here this long would not be selling with no volume and on down days.
I remember one run we had the stock double and the MMs played games and took it right back down. People called it a pump and dump. The same was true then that is true now. The company is growing and fundamentals are there and that is why many of us long have been rewarded. We ignored the noise and focused on facts. This was very hard for me to do. I was very negative for a few months on this stock. Staying long proved to be a good choice and if you are able to sit on the stock, it will most likely pay off.
IMO, this is the result of people getting hyped and buying in to GMGI because it was running and now they see the next runner and taking money to lose on it. That is the cycle. It is pretty useless to watch this stock hourly at this point if you are truly long. I will not even consider selling until we enter the US market. 7 dollars will look cheap this time next year w/o a merger.
Congrats! This is a day traders dream for sure
One thing I have not seen recently I think is important to remember when figuring the upside to GMGI. Most of the stocks in our sector are US only. If, or more like when, Golden Matrix Group enters the US market they will be one of the very few stocks in the sector that are operating in both the APAC region and the US. This is very significant for the US market gets all the hype but the APAC region dwarfs all other markets across the world in regards to gambling.
So IMO, when you see people saying they do not see how the stock can rise any further, think about the potential of being in both markets. Also, look at market valuations for companies who operate with a negative balance sheet and are still way higher than GMGI. I think the large majority realize this by the current trading.
Hows it going NB?? Things are a little different than a year and a half ago. Looking forward to the next year and a half!
HAD an accumulated deficit, not has... You can go look up current debt and post that if you would like but we all know that the current debt does not fit your narrative.
Going forward, we expect the company’s market share in the APAC region to continue to grow; and the company is now positioned to expand operations globally and enter new gaming-related markets, which will significantly increase revenues and profitability later in 2020 and beyond.”
DPS1212 Member Level Thursday, 07/02/20 10:53:07 AM
Re: None 0
Post #
44113
of 45893
$GMGID settling in really nice for the news.
I agree!
Due diligence is vital in investing. Please review historical data before buying GMGI shares. Golden Matrix Group has put us on financial hardships through Four Reverse Splits in 5 years. You can expect another REVERSE SPLIT in 2020. These are facts. NOT FACTS
1:150 Stock Split on 2020/06/26
1:150 Stock Split on 2017/01/09
1:1500 Stock Split on 2016/04/07
1:2000 Stock Split on 2015/10/15
Wrong! The facts are:
-Golden Matrix has only been around since mid 16’ the ceo bought out the empty shell of another company NOT named golden matrix. Don’t believe me? Do some reall DD and find out for yourselves. It’s all right there.
The 1500:1 is when he bought the company and named it “Golden matrix” that was to clean out the tens of billions of shares from previous entire different field company.
The second 150:1 in Jan 2009 was after all the previous dilution notes went through from old company. So his only real responsibility was the most current one and this is to uplist into a major exchange this year.
For the right reasons....
The 10-KT form was required to be filed to change the company fiscal year. The most resent 10-kt/a is an amendment form showing GMGI inadvertently missed putting the 3rd party auditors consent into the original report so it has been added and signed by the auditor. See below.
Explanatory Note
This Amendment No. 1 on Form 10-KT/A (the “Amendment”) to the Transition Annual Report on Form 10-KT for the fiscal year ended January 31, 2020, filed by Golden Matrix Group, Inc., a Nevada corporation (the “Company”), with the United States Securities and Exchange Commission on June 8, 2020 (the “Transition Annual Report”), is filed for the sole purpose of including Exhibit 23.1, the auditor’s consent, which was inadvertently omitted from the previously filed Transition Annual Report.
As required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended, new certifications of our principal executive officer and principal financial offer are being filed as exhibits to this Amendment.
Other than the inclusion of Exhibit 23.1, there are no changes to the information contained in the Transition Annual Report and this Amendment does not reflect events occurring after the Transition Annual Report, or modify or update the disclosures therein in any way.
On watch for the bounce today.
I was asking if your statement on app being in BETA stage was assumption or communicated? Bambi cleared that up with her communications with Goodman.
Thanks
This is great. I know you have had communications with the CEO in the past so may I ask if this is something he shared or assumption? I def. feel like this is the case because Goodman has proven he only puts out products that can handle the expected demand and is very calculated so like I said, as a long term share holder, his approach of making sure he is putting out a quality product is reassuring to say the least.
The longer the base builds the higher it eventually goes, no worries, nothing has changed except the company is making more money each month than the previous. A couple people may have short term impact but it means nothing in regards to long term gains. GL
I agree. I just wish Goodman would not make statements on the CC in the form of time lines and then not communicate. He has done this on the last two conference calls. Not sure if he is thinking by making these statements that is him actually telling us these things are happening but I think most get the impression, myself included, that there will be a follow up PR. First was the lottery company and last time it was the E sports and P2P happening in two weeks. I am long here so people can accuse me of flipping or whatever and that is fine but as fast as this thing moves no way I am getting stuck with my pants down. I do not watch this thing every second of every day to try a flip the short term drops. Look at the numbers, this is a ticking time bomb and I see us moving past $5 in the not so distant future but you have a lot of people ready to unload so this consolidation may last longer than a week or two IMO.
Due diligence is vital in investing. Please review historical data before buying GMGI shares. Golden Matrix Group has put us on financial hardships through Four Reverse Splits in 5 years. You can expect another REVERSE SPLIT in 2020. These are facts. NOT FACTS
1:150 Stock Split on 2020/06/26
1:150 Stock Split on 2017/01/09
1:1500 Stock Split on 2016/04/07
1:2000 Stock Split on 2015/10/15
Wrong! The facts are:
-Golden Matrix has only been around since mid 16’ the ceo bought out the empty shell of another company NOT named golden matrix. Don’t believe me? Do some reall DD and find out for yourselves. It’s all right there.
The 1500:1 is when he bought the company and named it “Golden matrix” that was to clean out the tens of billions of shares from previous entire different field company.
The second 150:1 in Jan 2009 was after all the previous dilution notes went through from old company. So his only real responsibility was the most current one and this is to uplist into a major exchange this year.
For the right reasons....
The D will be removed 20 business days from 6/26, the date of the RS. The D should be removed on or near 6/24
Due diligence is vital in investing. Please review historical data before buying GMGI shares. Golden Matrix Group has put us on financial hardships through Four Reverse Splits in 5 years. You can expect another REVERSE SPLIT in 2020. These are facts. NOT FACTS
1:150 Stock Split on 2020/06/26
1:150 Stock Split on 2017/01/09
1:1500 Stock Split on 2016/04/07
1:2000 Stock Split on 2015/10/15
Wrong! The facts are:
-Golden Matrix has only been around since mid 16’ the ceo bought out the empty shell of another company NOT named golden matrix. Don’t believe me? Do some reall DD and find out for yourselves. It’s all right there.
The 1500:1 is when he bought the company and named it “Golden matrix” that was to clean out the tens of billions of shares from previous entire different field company.
The second 150:1 in Jan 2009 was after all the previous dilution notes went through from old company. So his only real responsibility was the most current one and this is to uplist into a major exchange this year.
For the right reasons....
Folks! Due diligence is vital in investing. Please review historical data before buying GMGI shares. Golden Matrix Group has put us on financial hardships through Four Reverse Splits in 5 years. You can expect another REVERSE SPLIT in 2020. These are facts.
1:150 Stock Split on 2020/06/26
1:150 Stock Split on 2017/01/09
1:1500 Stock Split on 2016/04/07
1:2000 Stock Split on 2015/10/15
Wrong! The facts are:
-Golden Matrix has only been around since mid 16’ the ceo bought out the empty shell of another company NOT named golden matrix. Don’t believe me? Do some reall DD and find out for yourselves. It’s all right there.
The 1500:1 is when he bought the company and named it “Golden matrix” that was to clean out the tens of billions of shares from previous entire different field company.
The second 150:1 in Jan 2009 was after all the previous dilution notes went through from old company. So his only real responsibility was the most current one and this is to uplist into a major exchange this year.
For the right reasons....
Can find updated share structure here:
https://esos.nv.gov/EntitySearch/BusinessInformation
Mr. Goodman said he expected the current (second fiscal) quarter to finish strongly with increased revenues and profitability. “Additionally, we plan to soon leverage our large and growing user base to enter new vertical markets such as eSports and Sports Gambling.”
GMGI Facts:
Record Month in June
50 to 60 % profit margins for 8 to 9 quarters, even through a pandemic
RS leaves less than a 11 million float
GMGI Potentials and items CEO has stated are in the works:
Launch of sports betting app
possible merger / acquisition
Looking to upgrade to major exchange by end of 2020
Folks! Due diligence is vital in investing. Please review historical data before buying GMGI shares. Golden Matrix Group has put us on financial hardships through Four Reverse Splits in 5 years. You can expect another REVERSE SPLIT in 2020. These are facts.
1:150 Stock Split on 2020/06/26
1:150 Stock Split on 2017/01/09
1:1500 Stock Split on 2016/04/07
1:2000 Stock Split on 2015/10/15
-Golden Matrix has only been around since mid 16’ the ceo bought out the empty shell of another company NOT named golden matrix. Don’t believe me? Do some reall DD and find out for yourselves. It’s all right there.
The 1500:1 is when he bought the company and named it “Golden matrix” that was to clean out the tens of billions of shares from previous entire different field company.
The second 150:1 in Jan 2009 was after all the previous dilution notes went through from old company. So his only real responsibility was the most current one and this is to uplist into a major exchange this year.
For the right reasons....
GMGID IS NOT GAGGED.
Reference sticky at top of page: 44548
See email I sent back in August 2019 to TA which literally tells you that it is a general or universal VStock Policy not to share the information unless you are authorized by the company. This is applicable for all the companies using their (VStock) services. That includes GMGI or GMGID. Case Closed!!!
This is Vstock Transfer’s policy for all companies in which we serve as transfer agent.
Sometimes you have to give the sharks a little meat to chew on. Its not often they get to swim in the sea of red here at GMGI so they take advantage on the limited opportunities.
Fundamentals have actually changed.. We have twice as many users as we had in the beginning of the year and we have had a record month in June. This is very healthy and solid accumulation at these levels. I have watched it on this stock, and others enough to tell you, big dips will be short and the leg up will be strong when it happens.
Sorry to hear.
Well it is the stock market so there is a possibility of the price dropping. Still does not change the fundamentals of the company though and at this time the fundamentals are very strong and show good chances of getting better.
Thank you for watching out though buddy!
Expecting big moves today, in which direction is the part I am uncertain about. Haha.
I just can't imagine with the E Sports and lottery being mentioned on the updated website we do not see news with the R/S. Almost thinking that is a hint from them.
Everyone have a good trading day and enjoy GMGI's last day in the land down under. Almost want to celebrate. Just being penny stock exempt is huge!
Sorry, you are wrong. On the January 22, 2020 conference call @ 9 minute mark Goodman discusses this topic stating GMGI is two weeks away from launching with one of the largest providers.
At this point I strongly recommend covering and making false statements and accusations.
No it didn't. Listen to the conference calls where he discusses this going live earlier this year. What happened to it is it helped to reach 3 million people and helping to produce the continued profitable quarters with unheard of profit margins...
Modern trading principles:
*Stock in bankruptcy and can not pay their bills - Buy because there is a buy out!! Stock up 15 to 50% today and it is going to $10
*Stock making millions a quarter with a 50% profit margin and fins due within next 4 days. SELLL to chase the stock losing money!! People are flipping, OMG, why are people flipping??? This stock is junk, cant hold 150% gains for more than two weeks!!
Haha. See how stock boards work? It took me some time to learn the game but not long. Do you think these boards are here to help the average trader make money? This my friends is how those who control the narrative and the boards take your money.
Hyped potential? How is that even brought up from my post? Look at the fins buddy or do you not know how to find them? Company is printing money just the way they are. I get it though, you are shook because you do not know what organic growth looks like down here in the otc.
Very well could fall, could go up. When you look at things the way a piss ant does all you will ever see are short term gains or losses. The one thing that will not change today or tomorrow or anytime in the foreseeable future is GMGI has a business model that is growing and maintaining 50 plus percent profit margins on existing operations. You can flip it, short it, do whatever you want to make money the way you want but the facts are very simple, the stock price will react to the business fundamentals and as of now, the fundamentals are solid, strong and show a very strong chance of only getting stronger.
You want to show up when the market is down 800 plus points and spew whatever it is you spew that is fine. Look at the charts, all you can see are gains over the past two years.
Also, in fairness, thank you for doing what you are doing. I have pretty much made my mind up your job is to keep the board active and conversation going. You have done a good job at that so do not think that goes unnoticed. You sure do come up with some creative posts, it is almost like a form of art with how creative you get.