Good Gaming Inc (GMER)

[TheFinalCD]

people need realize $GMER is reducing debt, paying off notes, NOT adding debt and issuing notes, looks like a public entity/stock clean up, for something bigger than just Good Gaming imo

On September 21, 2018, the Company entered into a modification agreement with RedDiamond Partners, Inc. (“RedDiamond”) relating to the remaining shares of Series D preferred stock held by RedDiamond. Pursuant to such agreement, the previous defaults under the Certificate of Designation relating to the Series D Preferred Stock were waived and accordingly the default provisions are not in effect anymore which would have allowed RedDiamond to convert at the default rate and instead will convert at a 25% discount to the average of the five lowest trading days out of the 20 days’ prior to conversion which was the original discount provided for in the agreement. The Company agreed to redeem 46.531 of the remaining 93.062 shares over the next 3 months and cancel such shares without conversion. RedDiamond also agreed to certain sale prohibitions which limit the amount of shares that they can sell in any month for the next three months.

SOURCE 10-Q filed on 11-16-18

Company under its NEW leadership is doing what they say they will do...

GOOD GAMING INC. RETIRES $46,531 OF CONVERTIBLE DEBT THROUGH A CORPORATE SHARE BUYBACK
https://globenewswire.com/news-release/2018/12/11/1665303/0/en/Good-Gaming-Inc-Retires-46-531-of-Convertible-Debt-Through-a-Corporate-Share-Buyback.html

Reducing debt, paying off notes, and Retiring shares is a huge positive in the OTC, especially with a small share structure like this


















ADXS AMFE AMRN ANDI ANY APRU BIEL BLSP COBI DBMM DEWM DSGT ERBB FUSZ GCAN GCEI GGII GMER GOLD GRDO HEMP HHSE HVCW ICNB IDGC IMO KALY KATX KRFG MJNA NAK NEO NHPI NSAV NWBO ONCI OWCP PLSB POTN PURA RSHN RUN SECI SHMP SIPC SOAN SPRV SSOF TRON VATE VPLM VRUS WDRP WEYL