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TheRealMrPirate

06/07/17 10:05 AM

#34134 RE: Kroooo #34127

It's just the start bud. They paid of toxic Typenex debt at the end of 2016, that was huge first sign to turning it around. The Poolworks deal happened which they pulled off by renegotiating Poolworks existing debt before finalizing it. They were in bad need of revenue, since then they have closed off the ChimeraGames deal which is a paid subscription service. Added 550,000 paying users in the process which they're adding users into the Poolworks build out. Neurofuse is on the horizon as is Blackbox, Blackbox will be huge if they can close it. Plus the reality shows, Poolworks gives them a platform they own, can directly control the content, advertising, revenue streams, the music side of the business, etc. $MMEG has so many good things going for it & this is pretty much ground floor. I've never really come across an OTC that has this much potential before. It's not a quick flip, not going to happen overnight but they sure are on the right track to building value into the company in a very positive way.
I still love watching that Dennis Giles trailer...I'm not a football guy but I would definitely watch that when it goes ahead. It looks pretty cool!

RockRoll

06/07/17 10:23 AM

#34146 RE: Kroooo #34127

Well Kroooo, you just summed this all up in a nutshell. These acquisitions and debt re-negotiating were basically done with the issuance of new shares; which we as investors, who believe in this story and potential, are paying off.
Sure, this dilution increases the OS and can have a negative impact on the PPS (just look at what VNDM is currently doing).

But, if things work out by generating rising revenue quarter-over-quarter, then that will be reflected in a PPS which will finally leave the sub-pennyland to pennyland and multiple penniesland .... and still cheap enough for the company to possibly buyback & retire some shares as both a "thank you" to shareholders and in improving the SS. And when that happens --- the trip to Hangover Island will be upon us faster than we think!