Golden Matrix Group Inc (GMGI)

[KingsKnight]

MaineLob...
Honestly, I have learned not to peg too much on uplists. It's a grand desire to see something flourish, but I have seen too often
uplists that never materialize(CYDY, many others), or ones that end up in limbo for ages (MLLLF) or others that do uplist (TOMZ)& are total busts on new exchanges.

There are companies with much higher revenue run rates, that just don't flourish on the larger markets (see TOMZ). With GMGI the sector is hot for sure, so one can hope for the best. The small share structure will be a gift and a curse on the NAS. Volume here is quite low save for a few days. I think a poster here (Jericho man I think) said they didn't use a IB to get the uplist initially which would have afforded some share price support, perhaps maybe it will be there now.

The first 500% here for many was probably from being in way early, now getting the next 100% may be a challenge. We'll see where it goes, but definitely it's a wait & see. So in truth, I'm not counting on the NAS, if it happens cool, if not they still have to build the business revenues up more over time. Until then this will trade at its financing levels $5-$6. Historically, an uplist is a super rare event (30 or less annually) So let's see it happen first. JMHO

LobsterMaine Monday, 03/22/21 05:51:07 PM
Re: KingsKnight post# 50270

What do you expect to see after nasdaq uplist?