GMER is something we consider of value that we are keeping close to our vest. As you know, we spend a considerable amount of time and money to keep it caught up on all the required SEC filings. We do this to make sure that when something we feel is worth pursuing comes up, we can spend the energy, time, and money investigating it, knowing that we have an appropriate vehicle to consummate a transaction or acquisition with.
In relation to our gaming division, we have found that Minecraft, although the second most played game in the world, will not get us to the promised land.
Let me explain…
We are looking for GMER to be a scalable business with the potential to reach annual revenues in excess of $50M (excluding any ViaOne current company) within a 24-month period with the proper funding, and could be scalable to much more. To say it in a different way, we are not interested in small, irrelevant, non-scalable business models that have no "story" to compel a shareholder to be involved, and more importantly, to compel an employee to stick around and work the business model. Over the last year, we have eliminated more opportunities with GMER because of our rigid expectations. Because of these strict investment guidelines, we are open to looking at strategic opportunities in all sectors of business, not just Gaming.
We are proud of our ViaOne businesses. All of them are scalable, relevant in their respective space, and operate in a profitable way that allow us to pursue "Big Hairy Audacious Goals" or BHAGs. So trust, as we continue to invest in GMER, we do so in order to do something that makes us proud.
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