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Saturday, September 10, 2022 9:41:32 AM
Corporate has seemingly begun to disclose some progress and in so doing has also begun to defend their market cap. They've also revamped their website, link provided, and there are some differences from the prior website provided by RedChip. You'll notice on the link 4 essential goals. The 3rd regarding licensing is of particular importance. The JV partnership on game developments is now clear to see that it will be with multiple developers and collaborates. The ten game development, unless a future press release disclosure confirms, is most likely a stretch. They've stated that their not looking for an acquisition to further develop their games. Fluxty is the principle architect but also under staffed IMO. Hence the slower progress in executions. No fault on his end but they need additional developers. Cash burn and increased debt need to be addressed.
Technically, were showing signs of a reversal and hopefully it'll continue to be sustained. There's been an increase in volumes, and timely share updates will let us know if S8 shares are in play. The updated float was higher than expected, and I hope the S8 shares are still in reserves for a pivotal event. They've been slow to update shares on OTC but hopefully they'll be back on track. The greater the transparency and communications in real press releases, should achieve a sustained and viable reversal.
While I applaud the news of late and efforts to shore up support, the latency of disclosures and efforts has unfortunately resulted in being way lower than we ever should have. Hopefully those days are over and a new impetus to unwrap the potential develops. The market exposure, penetrating new markets, diversification in products, scaling of metrics preferably through a viable series of licenses, effectual JV partnership with a power house, and or the ultimate RM disclosure, takes the company and long shareholders to the promise land.
https://good-gaming.com/
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