Good Gaming Inc (GMER)

[Boum-Yeah]

By the news today, they return 70 000 000 shares to the treasory but in fact, they converted them into preferred shares as they were already having some of them.

To me, it is good news as it is clear that by converting them into preferred shares, there is NO interest whatsoever in selling them. To me, such investors locking their share in the form of preferred share is a STRONG signal for coming growth ( and likely not a small one, I would bet a 10 to 20 fold from now).

One has to remember that their share seems to have a value of 0.001 to start with, which would mean that they are also in the "red" from their initial investment.

I can only guess that the coming weeks and months should be stong, upward.

This is how I analyse today's news.