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NoWammiesSTOP!

04/29/23 6:49 PM

#80279 RE: nit2win #80271

To be fair their investment of "millions" is debt back to themselves for "services" viaone provides.

They did not spend millions in produxt development, and if they did then they're idiots vecause there wasn't really a product besides minecract servers and if they spent millions to host those then they're really dumb.

The "millions" spent is made up of their $50k+ and month they charge GMER foe ViaOne to process payroll and pretend they're marketing.

It's in the filings and a major complaint I've had with them. They went from around $45k a month up to $72k a month when we finally got revenue in 2021, they dropped it back down when they finished bleeding out the Gen 0 investors.

They aren't investing anything in GMER, they're backdoor snatching Series B shares from GMER that convert at 1,000 commons per Series B if I remember correctly.

Another way of diluting common shareholders when the tine comes.