Simplicity Esports and Gaming Co (WINR)

[kdm57]

Looks like the big stakeholders in WINR and WINRW are apparently holding tight, looking at the SEC disclosures. Average daily volume is a tiny trickle compared to 2-3 months ago. The saying “every dog has its day” used to be tossed around by stock market traders and observers decades ago. An example of a China-based company that went from under $1 (in December 2018) to as high as $4.96 hence is CIFS, to cite an out of favor “dog” that rebounded in a major way. A major upswing in sentiment could be key for WINR rebounding from the year-to-date mauling represented by the current share price.

WINR should still have substantial cash on hand. Q1 results (they really need to submit their filings on time to enhance investor confidence), when announced, should reveal more about their cash burn rates. Their Simplicity team seems to compete fairly well in tournaments. They have team members arriving and departing: turnover akin to what Kaplan sees with his Memphis (NBA) and Swansea City (FB) pro sports teams. Probably fair to say that holders of shares and/or warrants greatly want to hear much more from the company (from CEO Kaplan namely!) as to where they see the company headed. Their results to date and texture regarding plans and outlook. Hope they embrace the fact they’re a publicly traded “eSports pure play” company with seemingly very interested shareholders. Lastly, an Investor slideshow prepared by them would be helpful!