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Monday, April 19, 2021 12:43:26 PM
Good luck with the large holdings here, it's surely a wobbly investment at best. One thing for sure is that GAME is "creating" capital, as for the business, meh!! A $30M Rev Run rate annual with significant losses, and current $130M Market Cap. Upside at max I think is a $500M-750M Valuation using all the capital they created & all the shelfs they have set up. I suspect they will print shares like robbing a cash machine & maybe dangle a new acquisition or such with share issuances.
Weeks to NAS? riiight...Nas compliance certainly hasn't green lit them. They need the green light & then can decide when to officially debut on the NAS. IF...don't count on it, best hope the price isn't back to $7.50 in a few weeks.
App may be in the apple store, not sure. You got so many other majors in the space [DKNG/SCore/etc] WView is a failed product. WinView IP is interesting, and will probably cost Engine some big $ settlement in the long haul.
henry1010 Monday, 04/19/21 07:58:46 AM
Thanks so much Kingsknight. It is a risky name thats for sure. I probably hold too much stock if I'm honest- didn't realise this Nasdaq listing has been a story as long as it has.
Any ideas on a price target/ranges if it does list soon?
I am hearing from another source that it could be a matter of weeks. I mean, you have probably heard that before, but they have a link to management.
And do know why they took the App down from Appstore? Is the app in their plans for the longer term?
Thanks
Look Out below!!
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