STOCK GOODIES PLAYS OF THE WEEK

[Goodbuddy4863]

$ GMGI **

5th straight quarter of rising Revenues coming up:

Company Now Reviewing Strategic Opportunities to Accelerate Growth

LAS VEGAS, April 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Golden Matrix Group Inc. (OTCPK: GMGI), a technology-driven company that designs and develops social gaming platforms, systems and gaming content, today announced it expects revenues for the third fiscal quarter ending April 30, 2019 to surpass revenues of $713,542 reported in its second fiscal quarter ended January 31, 2019. This would make it the company’s fifth consecutive quarter of rising revenues.

Golden Matrix also said it expects to report “solid profitability” in the third fiscal quarter, with operating margins similar to those achieved in the previous quarter. The company’s Q2 net income of $421,791 was 59% of revenues.

In addition, the company announced that management is now reviewing certain strategic opportunities to expand its operating base and enhance shareholder value. According to Golden Matrix CEO Anthony Goodman, “This could result in a potential merger or acquisition of new business lines that immediately generate added revenues and higher earnings.”

https://www.otcmarkets.com/stock/GMGI/news/story?e&id=1338849