Golden Matrix Group Inc (GMGI)

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Even as a relatively small but very profitable technology company, GMGI’s strong market presence in the APAC region, and cash-on-hand of about $2 million, has positioned the company to investigate expansion beyond organic growth. As stated previously, the company has been evaluating certain strategic opportunities and relationships that may lead to a merger or acquisition. In considering attractive options, we are confident we can increase shareholder value with the successful addition of new business lines that are accretive to our already strong earnings performance.”