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So their 6 players are playing an average of 8 min … oh wait that could just be the development team. Btw … total players online now … 1.
Not to mention 8 min is like 4 min trying to figure out how to play: messing around; getting bored and then … quitting. A player on for 8 min … not impressive.
Total hits 1600, which does not take into account the same person just reloading
The company’s marketing plan has always been do 1 tweet and then magic will happen. Never has followed up … just let’s it slide into oblivion. Their other game is flatlined for players. Will be no different here.
Talk in percentages… ha! Talk real numbers … they got 6 players now. Lol.
Yep. IMO. Only going to get worse. They have no clue what they are doing. Needs a real team on it not some hack … CEO needs to step up before there is nothing left.
The game looks lame and their attempt at tying in Microbuddies as prizes makes no sense to anyone looking at it. There is no storyline or connection. It’s all just “let’s throw this at the wall and see if it sticks” as a strategy. IMO.
An impressive 34 views and two likes on their launch tweet. They can’t even like their own stuff to get the numbers up. Lol.
Not to mention…. THEY DON’T EVEN PLAY THEIR OWN GAMES! If they did they would have a YouTube channel talking strategy or something… ANYTHING. LOL.
Drink that Kool-Aid up … it really won’t be that exciting is my guess. Same “soon train” and mediocre games for the foreseeable future. IMO.
Debt and dilution is coming imo. The company is running out of operating money I’m sure. They have to do something.
Reality check.. 50,000 robux earned on Roblox is translates to cash out for basically $350...
So, as 1000 visits translates to essentially 100 robux on Roblox it is required for creators to get at least 3,000,000 visits to cash out at a rate of $350 / 500,000 visits based on payouts that creators have reported on. This is in their Terms of Service and can be confirmed here:
https://en.help.roblox.com/hc/en-us/articles/203314100-Developer-Exchange-DevEx-FAQs#h_01FTN4PJV8AS4JHD2YHS363TDE
So, essentially GMER will have to get something like 50,000,000 hits on their game to get a payout of $35,000, which is not even enough to pay a person's salary for a few months. Essentially, you want to talk reality .... GMER will not be able to pay for expenses with Roblox for quite some time based on what they are currently pulling in, which on their beta of their other game is 13,000 hits and flatlined.
In order for GMER to make any money on Roblox they are going to need to have a ton of gamers playing their game and spending Roblox on whatever they have in it, and up until now they have not even demonstrated enough to get 10 consistent player to stick around.
THAT is reality.... and IMO Roblox is not going to pan out for paying the bills, just as Minecraft did not in the past.
This company needs to wake up and make a game that is their and a game platform that they can control. NOT work off of the coat tails of other companies ... especially since the games have not demonstrated a draw of large scale gamers in now what has been over 7 months of attempted development.
I didn’t have to trash it. They have not given anything as far as a screenshot on Roblox to be honestly impressed with. More of the same from the company…. Mediocre games and old concepts. We need a real team with innovative ideas.
They can’t get income if real gamers … not just stock purchasers… can’t be impressed. I would be impressed if there was something to be impressed with.
You’d think if they had something good they would start with something enticing…. Just sayin. Screenshots look like … meh.
Has anyone actually looked at this game? It doesn’t even look interesting. The clips they have on it are … what? Again… who with money is going to pay for anything on this to play? GMER needs revenue to survive and this IMO is not going to cut it.
IMO. This is college student level development…. Sorry.
Facts. It’s unfortunate the owners won’t listen to the shareholders. Because unless something changes all the cash reserves will be gone … and Sterling gets to go to his next obscure job.
IMO .:: Sterling treat this like a job ..9-5 and no passion.
Facts. Dorwat needs to step in. Also I’m not sure he has been or is a good manager. The guy has been non-existent since this all started.
IMO… as it appears on paper .. Sterling has very few shares. Not only that it appears that in all reality has stepped away from all jobs since he left Sony not because they were shining successes but because they were failing. When you go back in his resume this shows. So yes ViaOne actually needs to take control or the money will be gone and so will GMER. IMO.
Leads to the next question: Why did Sterling leave Sony in 2015? Was it because he had nothing but “soon” to offer?
In one quarter closing September 2022 they burnt through 1/2 their cash reserves. Given we are now 6 months from that filing period close date simple math would say they are running out of cash as they have nearly no income. IMO… Even if they cut back … they have to be near the end of the cash reserves.
This is per their September 2022 10-Q which is fact not fluff …
https://www.otcmarkets.com/filing/html?id=16201629&guid=f_A-knf_5YELSch
Not to mention these are their words … not mine … in their filing …
Going Concern
As of September 30, 2022, the Company had a working capital of $838,384, and an accumulated deficit of $9,299,687. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company’s future business. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
Bleeding money like a stuck pig … and most on the administrative side (so basically ViaOne is bleeding it dry because we sure aren’t getting money … and with ViaOne no visible benefit). It’s facts that can’t be denied as it is in their own filings.
Hard to deny their own PR. He has been on for over a year … Jan 2022.
https://www.globenewswire.com/en/news-release/2022/01/11/2364984/0/en/Good-Gaming-Inc-Strengthens-Leadership-with-Appointment-of-Former-Sony-Executive-as-COO.html
Been on Roblox for longer than 6 months as the players were testing Beta in June 2022 ..
https://finance.yahoo.com/news/good-gaming-inc-expands-microbuddies-163900124.html
IMO … they have now basically eliminated Microbuddies (remember the Web 3 brand in 2021 investors put money in on?) from Roblox and now are going back to their prior brand that couldn’t pay the bills. Thus rugging feeling by the web3 folks is warranted and justified.
Btw … go back in resumes … our COO’s first (now dead) company after leaving Sony tried to revive Q-Bert as their “success” for one of their selections. If that tells you anything of innovation… nuff said.
Doubt me? Facts … https://www.lootinteractive.com/
Chicago4Real … dead …
I’m not impressed…. Never have been for now over a year.
Personally.. until the company shows they have a clue about operating in this game space and not just messing around with mediocre games.. imo … down. I have more faith in RTON going up vs GMER and that is saying a lot. They need to show they have a plan … to get players … not just developers making meh games.
Nope … here to stay. Buy back lower …
Until this company shows it did not just take the Web 3 community’s money and flush it down the toilet I will continue to call their bluff. There has been nothing but drain for that community I’m no longer a Kool Aid drinker of their “soon train”... we want results not bs.
IMO. Sentiment clearly shows most of GMER web 3 people are burned right now and pissed. This is a result of their lack of communication and progress… that is their fault not ours …. and facts.
If you are telling us they are seriously only hiring personnel in Kennet Square, PA vs hiring the most qualified in a remote capacity globally then that speaks loads for why they can’t get anywhere. I’d much rather have a global team where the most qualified and experienced people are working on games vs some outdated requirement of personal showing up at a specific office. Makes total sense why their concept of Web 3 is outdated now. Thanks for sharing.
IMO … this is being run by old management with outdated ideas …
No one on GMER is investing in those brands … period. GMER is GMER … just because some company that owns GMER has all these operations exists does not mean stock holders on GMER have an impact on them. So quoting ViaOne “mysterious unrelated” operations is pointless. They could sell GMER or close it and there is no impact to ViaOne overall.
GMER needs a real team and mission. Not some sugar daddy company that could dump them at any time. IMO.
That have said that same thing for over a year. Broken record. Next release we start marketing and building community… can’t build from a dumpster fire they created. No one trusts them that is left. Too much … Soon … and not enough transparency and communication.
Needs new management that knows what it is doing. IMO.
Little to no players on stuff already out there. Expanding on what they have on Roblox and Minecraft is pointless if they can’t get a base. Not to mention they abandoned their founding base for the Etherium funds they received in 2021 that should have went towards the Web3 project. Based on the last 5 years Minecraft players you can tell are pissy and the few left are only the die hards. This and Web3 feel players / owners of things now worth $0 feel rugged.
Not to mention that they basically stopped on Web3 with part of a game and not a full game. Compared to other Web3 games I’m now in this company is leagues behind… not leading edge. IMO
The company is not being serviced well and starved of resources/pro developers. It needs a new management team to revive this thing. IMO.
The company working hard is not the problem. ViaOne I'm sure works hard on everything other than actually implementing a plan on GMER that makes sense to anyone but themselves. ViaOne is not GMER ... GMER is distributed IT workforce that is confused.
Poop floats as well as hope. Company needs a complete overhaul. IMO.
Horse is heading to the glue factory… imo. Buy back lower. Ha!
RedChip that makes me laugh and laugh. Those clowns did nothing but market their own stocks and barely helped GMER. Wasted money and effort even thinking about what happened then. IMO.
That is precisely why it won’t. SEC is not something that someone with a successful private business wants to report out on and put on the line just to have their business insta go from value to pennies, which imo will happen within weeks of a merger. All retailers investors will dump on a pop … and there goes your value. IMO.
I also agree RM is fantasy talk. ViaOne likes the fact the are private and can hide everything; race NASCAR with money; and do whatever they do … without us all peeking under the curtains. IMO … RM will never happen.
I feel honestly based on my experience dealing with GMER is only worth subpenny IMO … GMER has nothing going for it at this point … other than little to no income; no user base and a plan to revive a dead horse in the race.
Needs an actual game development manager and a fresh focus on Web 3 and value add to the gamer community. Without that it’s essentially a game company running servers that college students do on their spare time … Roblox/Minecraft… and not real companies that are forward thinking. Riding on the coattails of others is not breaking molds. IMO.
IMO. We cut Sterling slack for now over a year and he essentially rugged the crypto/Gen 0 holders and went with Minecraft and Roblox, both of which no one on the original Web 3 project that started all this care about… and by the look of the player base neither do the players. Wrong leadership for a Web 3 community… and world.
It’s time the CEO actually does his job and leads this thing vs letting the worker bees fight it out.
They stunk on community development and communication long before August last year. This has been over a year of crap management and crap communication. The company need a colon cleaning to get going on the right track. Until then the company will continue to build stuff no one wants to play and have near 0 dedicated users. IMO.
IMO. It’s not the SEC that is their problem…. It’s their plan of putting lipstick on a pig (old game that ultimately could not pay the bills).
I just think they stink as managers and management of a game company. That’s where I’m at. IMO. ViaOne is like a dead weight on this public entity, which should have had a fair chance.
I’m not talking my loss or any retail investor’s loss. They don’t care about that. And yes, my loss in this thing sucks. I’m talking the company is acting like the stock doesn’t exist or have a bearing on their communication. That’s where I’m at. It was ok in 2021 on communicating then everything in GMER went in the toilet in early 2022. IMO.
Tax write offs for the rich are always in the back of my mind. Losses are not always “losses” for these people. Imo.
Yeah, for the sake of what this public entity was supposed to be I'm still not in favor of that ... the whole reason I got sucked into this as I thought I was getting into a public company that was forward thinking and Web 3 engaged.
Having this go into ViaOne is basically like throwing the towel in ... IMO. Needs a new company to take over. IMO it would be best if ViaOne would just sell this off and let someone else who knows what they are doing take over.
Yeah, I realized this morning that they said back in December their JV was with a company and to be honest I think that company was their Merkai Studios. So, IMO, I expect nothing to come new with "JV" as it was basically already done. If it hasn't already happened by now in the last 1 1/2 years the concept of a JV with a real gamer company (not some focused studio on one platform) then in my opinion it is not going to happen.
Also, everything they are building is old technology and old games. I mean it is Minecraft and trying to regurgitate stuff from over 5 years ago with a fresh look. IMO it is putting lipstick on a pig and calling it new.
Essentially when you put it all together this company in my opinion is being run by a group of old executives that have old ideas and shelved the younger folks from chiming in and leading. To me it looks like the whole track is to build games essentially that they shelved 5 years ago because they couldn't make money but now it is DO IT again "with new ideas". From a money standpoint, it appears, they are going the path of microtransactions; not allowing the players to own anything or really make money on it; and essentially the company controlling everything. But they are doing this all on something they already said "We are not putting any more resources on" in 2022... So, yeah ... What changed? IMO, this whole path is old school development and old game company processes.
Not to mention, I was in conversation with the current leadership at one point in 2022 and the response was "the players will make money and the company will not make much" on sales of NFTs. I should have realized this is an old game executive with old thoughts, but I was on the hopium train. The whole basis of Web 3 is for the company and the players to make money on a transaction-by-transaction basis but not aggregate sales. The key is ... the players make money ... so everyone wins. I honestly don't think the leadership has an idea on how these Web 3 projects work, which is micro-sales and aggregation of the sales. Sure, there is some gamer that makes like $1000 on a sale and you make 5%, but that is what you want. You want that to happen over and over ... for as long as possible. As it stands, they basically killed the market of their Web 3 and are going back to their old "we are the company, and we get all the money" mentality. IMO.
In my holding of privately run projects, the projects I am on are being run by a generation of folks younger than me, which means new ideas and new paths that are more related to the current times. As it stands, if GMER is to succeed as a public entity it needs fresh management to run the show. Not some past leadership from a section of a gaming company in 2015. They need fresh ideas and players want ownership, but IMO this company is heading down a path where ownership is still in question, and they certainly are not favoring the players making good money.
Basically ... GMER needs an enema .... IMO ... otherwise this public entity is not going to succeed like it should be allowed to do.
The consistent thing about this company is that they answer no questions and they surely don't answer to retail investors. They don't even answer to gamers of their own game. IMO, it is the worst company for communicating. I am now on multiple projects that, while they don't reveal their plans entirely, at least they tell the user base something. GMER consistently tells nothing at the excuse of "We are a public company and cannot disclose information" .. at all.
So, I would not expect any answers on anything until they get there act together, which in my opinion is only after new management takes over.
Minecade … down since 2019 … looking at the remains on the site … well … nuff said. Stick a fork in it. IMO. See link …
https://www.minecade.com/
Thread says it all … on their still active … not maintained site …
https://www.minecade.com/forum/m/10639516/viewthread/33748039-if-you-visit-this-thread-still-have-to-post-here/post/140201967#p140201967
I wish I would have found this server in 2021 … might have rethought my life choices…lol.
They haven't even retooled the logo for the Roblox game after 4 years and just reused the logo of a game they essentially abandoned and ditched their users on for 4 YEARS. I don't even know what to say to that.
Again, nothing surprising there. As a player, and tester on beta, I told them back in 2021 they needed to adapt Microbuddies Web 3.0 for mobile and based on my testing it came down to some pretty simple formatting work to make it work on mobile Metamask. As someone who actually played the game ... not just an investor ... not impressive. They could have been mobile on Web 3 with their base game basically in early 2022, but chose not to be.
So, essentially we, the Web 3 players, in the crypto side started to realize they were starting to put less resources on what we all came to them in 2021 in the first place, Web 3 when they came back with "we are too busy doing other things to make that happen", and never followed through. Keep in mind, they basically never actually played their own product on the public servers, so why would they care about mobile, or the value add to the players?
Lots of signs in 2022 this was going south for Web 3 innovation ... not a lot of signs it was not. We all just didn't want to believe it. IMO
Now they claim they are "making mobile", but that is only because Roblox can be played on mobile, not because of some innovative change they did. Again, relying on the values other have to offer vs. actually adding value to the market themselves.
Again these are my own opinions as a player of the games and not just an investor. Feel free to make up your own minds about this.
Keep in mind in 2022 they stated they gave up Minecraft as it didn’t make enough money to be profitable so they were not putting resources on it …. So yeah. Backtracking to a strategy that didn’t work once is not a real strategy.
IMO. Real money is in Web 3 but then again the management would need to have a clue what Web 3 was … senior management in GMER is Web 3 clueless. IMO. Still trying to live in a Web 2.0 world.
Not to mention the company would need to support the idea game players should own resources they can leverage for sale and trade outside proprietary platforms. Everything they are currently building is designed to keep gamers in the talons of the company and companies they partner with. Nothing innovative about that imo, but more of the same micro transaction bs all over.
My opinion … which others may not agree with.
This has been going on for over a year. In addition their solid commitment to not communicating has killed their user base.
Also, if you haven’t been playing then you don’t know the pain these guys have caused to the community. They are really bad on finding bugs and basically push to product broken stuff routinely. Not to mention they don’t play their own product in production and thus leave it to the community to find the problems. Not only that they let the crypto game sit broken for basically 6 months and still have not cleaned up the mess completely.
I’m not giving them a pass at this point. I have seen more capable teams on other projects and this entity is being underserved by being starved of resources and talent.
If the entity of GMER was sold off it would be much better for everyone if a real software developer took controlling interest. IMO.
I’ll disagree on one point …. I don’t think they are a scam honestly.
I just think they stink as a software developer and building communities.
IMO … The public entity needs to be sold off to a real software development company and not some play toy of a private company.
Personally I think the RM is never going to happen. My view is ViaOne likes being free from public scrutiny and there is little value at this point to rolling everything into what is currently clearly not going well. IMO ViaOne was the worst thing that could have happened to this public entity, but that’s where I stand and may not be the views of others.
IMO … GMER becomes a success when it is sold and operated by a real game developer and not some play toy, which imo it is.