News Focus
News Focus
Followers 46
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

Re: Greedy G post# 25413

Monday, 11/16/2015 4:26:30 PM

Monday, November 16, 2015 4:26:30 PM

Post# of 83395
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.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GMER News