Elys BMG Corp inc (ELYS)

[Adhes]

Not exactly a deep analysis by looking at 2 qtrs over a 15month period and therefore concluding it sucks.

Elys has always said they are in investment phase which was a 3-5yr plan starting from the repeal of PASPA. We are just coming to the conclusion of that 5 year period, so would not expect to see any profits until year 6 or 7.