Golden Matrix Group Inc (GMGI)

[ThreeFromTheTee]

Re reverse split, there is nothing ominous here, simply the procedure is to announce the split then to make an application to FINRA and simultaneously file documents with Nevada Secretary of State. Within the filing to FINRA you are required to include a suggested Live Date which is normally around 3 weeks ahead. This date is only a guideline. As you can appreciate right now due to Coronavirus FINRA seems to be running behind and we are awaiting their approval and the date will obviously be pushed forward.



As to the Fiscal Year. As per our previous announcements it was our intention to uplist to a Higher exchange and in order to do this we need an Audit demonstrating a minimum Net Asset Value that are applicable to that market. Our last review (Q’s are classified as Reviews and not audits even though auditors work on them and oversee them and they are filed with the SEC) was a Q2 on Jan 31st we are simply taking the review and auditing it and will also change financial year which will save the company from re auditing again in July this year.

Re the Esports / Peer to Peer one of the companies are a listed company and we need to be careful not to divulge any further info at this stage but will keep you updated. We should have a conference call in the next week or so and on this will be able to update all shareholders about our progress and immediate plans.



I hope this helps



Thanks again for all your support



Kind regards



Brian Goodman