Monday, November 16, 2015 4:26:30 PM
Good Gaming only reported $62K in Q2 2015 revenue
CMGO 2015 Q2 10Q report showing Good Gaming division:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10963880-1057-83289&type=sect&TabIndex=2&dcn=0001213900-15-007861&nav=1&src=Yahoo
If there is a lot of potential, why does the 2015 Q2 10Q report only show about $62K of revenue for the Good Gaming segment?
They CMGO bought Good Gaming 3-28-2014, so they had five quarters to get sales going, yet they only had $62K in sales in the last reported 10Q.
On a fully diluted basis, HDSI is being value at over $1.7 million (assume the stock is at $0.0001, if you buy for more than that price the valuation is higher and more out of sync with the fundamentals) for a product that would only bring in about $250K on an annualized basis and loses money.
It does not make any sense.
Louis J. Desy Jr.
CMGO 2015 Q2 10Q report showing Good Gaming division:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10963880-1057-83289&type=sect&TabIndex=2&dcn=0001213900-15-007861&nav=1&src=Yahoo
If there is a lot of potential, why does the 2015 Q2 10Q report only show about $62K of revenue for the Good Gaming segment?
They CMGO bought Good Gaming 3-28-2014, so they had five quarters to get sales going, yet they only had $62K in sales in the last reported 10Q.
On a fully diluted basis, HDSI is being value at over $1.7 million (assume the stock is at $0.0001, if you buy for more than that price the valuation is higher and more out of sync with the fundamentals) for a product that would only bring in about $250K on an annualized basis and loses money.
It does not make any sense.
Louis J. Desy Jr.
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