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Count on it my friend.
No problemo!
Funny!
Topgun, welcome to the broad.
Yes, I attended the Vegas show and met with a number of folks to review the market potential and to also meet with GG staff. Walked away with a ton of information.
Check out my post in July and you will see what I shared with the folks here.
Yes, we are early, but it's always fun to get the best seat on train before it leaves the station. Placing a few dollars into GG now in order to track what management is doing is a GOOD thing.
Yes Sir, it's a right fine morning for gang!
With L2 showing over 3M shares (likely more on L3) at the ask between 34 & 36, against a 10-day moving average of under a 1M shares is more excitement than one can take.
Have to wonder if all those shares available are for a reason. Do I smell another PR?
Interesting how it doesn't take much to move MGON when there are no shares available...LOL
Love watching the bid grow...could it be we are close to news?
Totally agree my friend. We are very close to run here.
You are correct, the serious gamer is NOT sitting in the basement.
However, what GG is doing with the idea of the Meta Verse is to bring it to a whole different business model. One that doesn't have the associated cost of the typical gaming feel.
A great example was the recent rap concert where the artist was able to bring in a much larger audience without the normal related cost and limits. I'm told the rapper made just over $27M for this one-time performance, which was done in the Meta Verse. Let that sink in...lower overhead with the ability to lower ticket prices, equals larger turn outs, which means REAL dollars generated.
In yesterday's PR from John, he noted that the company is mainly focused on growing the player numbers. Trust me when I say there is a very big financial reason for this focus.
Anyone else see where this could go?
https://www.dailymail.co.uk/sciencetech/article-11117511/Drought-stricken-states-water-Colorado-River.html
I have to wonder if the recent Twitter pics are related to what is going on in Arizona and Nevada right now. If not, my money says it soon will be.
Oh, the benefit of living in a wet state...LOL
FYI, purchased one of the company water machines about a year ago, LOVE the unit.
Without blind faith...
Ouch!
When you see "insiders" dumping shares, it is far more telling...LOL
I'm guessing the "outsiders" didn't get the memo. Or is the management team telling the "outsiders" a different story than the insiders who are dumping shares?
Only discovery will tell us for sure.
So now we know who has been dumping shares...Ouch!
Bottom line!
Interesting, we haven't seen this in while...LOL
1.4M bid is going to be hard to fill. Just slap that ask!
You are correct!
I'm guessing you're not the only one who missed the "fine print" here...LOL
When I was in Vegas doing my research, I was looking to understand what the market depth (value) would be beyond simply selling parcels.
What I found was mind blowing at best!
Today's announcement of a $7.2M parcel sell is more than interesting. Today's PR now sets the stage for future sales for GG and now shows the mud slingers that John is more than just an old man pumping or spinning a good story.
Not bad for a guy that "cleans toilets" and "washes the windows"....LOL
You are correct, today's PR is a major win for shareholders in showing the parcel land values is REAL!
There is a lot to unpack here, assuming you're a long-term investor.
NOT BAD!
Closing on a $7.2M CASH parcel is HUGH!
Vystar's last filling said it all....
How long has this company been filing SEC reports?
Another late notice filing today...LOL
https://ih.advfn.com/stock-market/USOTC/vystar-pk-VYST/stock-news/88828879/notification-that-quarterly-report-will-be-submitt
You would think by now they would know when to start the process.
Best laugh I've had in weeks.
Meta is ramping up in a down market should tell investors all they need to know.
This story link shows them hiring 6,000 to 7,000 engineers can be viewed one of two ways.
https://www.cnbc.com/2022/07/01/meta-slashes-hiring-plans-girds-for-fierce-headwinds.html
Cutting their initial plans of 10K to 6K is being done for good reasons, when you look at the "woke going broke".
However, considering they are planning on hiring 6-7K engineers in a down market for their new Metaverse business model is a strong message.
Yes, we are!
The stock is now trading in the "Greys" where the majority of exchanges will not allow their members access.
I believe we will remain in the Greys until these guys can complete their filings. For now, you can sell your shares, but you just can't add in the US markets. One would need an account in the Canda exchange as I understand it.
Personally, I don't trade in the "Grey" markets, so I'm the wrong guy to ask.
Sorry, I haven't seen the numbers on TCG commercial land sales.
My gut says the current longs are toast at this point.
Let's hope my gut is wrong.
Doesn't mean that holding your shares at this point don't see a return. However, a large RS would take years on the current shares, if any return at all.
The company has issues on so many levels right now, that only a knowledgeable insider would touch this stock right now. As long as the AS hangs over this stock, no one in their right mind would touch it IMO.
That's being to kind!
Thanks!
What makes a star? Someone you don't have to do a "Google search for"...LOL
No one is perfect.
I'm guessing you caught him at a bad time.
I tend to look at CEO's no differently than I look at any other man or woman. They all put their pants on one leg at a time.
It's the ones that speak with an open an honest mind, or in this case, willing to take the blame for their actions that I have the most respect for.
In time, this team will need to perform to show if they can execute.
Again, I'm not focused on the day-to-day price movement, nor is any CEO that is worth their salt. A GOOD CEO is focused on the core business model and growing the company.
While our lone saver here believes otherwise, due to her deep knowledge of the business world, John has the best interest of the shareholders and has been more than transparent. He just pulled off a blockchain deal valued at $100M.
I for one understand that it is now going to take him some time to execute on these parcels. The market understands that.
As for the 22% drop. OTC and the market is a blood bath right now. With ONE really big problem. It's about to get a lot uglier before it gets better. Which is why you are still seeing a lot of REAL money turning to the verse.
PennyHoper a well thought out post.
To clarify, I was a skeptic in regard to how the plots were recorded. GG now owns and controls the plots, which is why the blockchain value is in place.
Here’s the current price point disconnect IMHO. Just because a company can book “assets” at a real market value, it doesn’t necessarily mean that the company or the market will see that value until it has been liquidated.
Any number of things can go wrong between now and then and the market is presently pricing this into the stock for a reason.
Any real estate appraiser will tell you that the real market value of property is what a knowledgeable seller and a knowledgeable buyer will come to agreement on value at.
When you add in the fact that investors for the most part still don't understand what Facebook, Google, Apple or corporate America sees here, the market is not going to reward GG until it performs, IMO.
IMO, until GG starts booking parcels at the “asking price” this stock will continue to see weak hands holding the stock. The broad will continue to see “noise” with quote holders looking for a run.
I on the other hand will continue to add under 3 and wait to see one key event. What is that event you ask? The day that either TCG or GG announce a major star user building out space within TCG will be that major event.
Why is this so important. Any seasoned developer will tell you that you can bring far more quality tenants/users to your development when you land your star anchor.
This will take time and will allow investors to add.
I'm a little loss here...LOL
Your earlier post claimed that John created "monopoly money" with booking $100M of virtual land.
Yet now;
Love your well thought out post....NOT!
Don't lose sight of the bigger picture here.
Watching the PP daily here is going to drive you nuts. The REAL story at the moment is the fact that GG/staff sold their first parcel for $1.8M.
Hats off to the GG team for seeing the bigger picture and delivering the goods. That is the bigger picture. NOW, on to the next parcel sale.
Well played!
Why is today's news so BIG?
If you're doing the math, this "one" sale provides enough cash flow to feed the company for roughly 2-years, according to company financials. Depending of course how they spend it.
Secondly, it demonstrates to shareholders and the market that the value booked for the commercial lots is real. Meaning this stock is greatly undervalued here IMPO.
Additionally, it now shows the market the synergy that is starting to build here.
While the Cuizon $5M sale was real, it would "appear" it is a group of investors simply trying to flip lots. Meaning it doesn't have the same value as an actual end user IMO. Which is why I believe the market hasn't given it much value.
Enjoy the ride and understand this will continue to be an OTC that sales on news.
Would you care to see the next generation of technology for Metaverse?
Yes it is my friend!
Nice to see ALTD climbing back up.
Careful what you wish for.
Short answer for now is no.
However, Ready Player One is a great example of the potential of the technology that is coming to the verse. Only think larger.
AI and Web3 is going to change the world in ways one has never seen.
Roger that...LOL