Replies to post #834 on EBET Inc (EBET)

[blue finch]

Is this company making a profit ?

Was it 50 million per year that I read ?

Thanks

[work-n-hard]

This is from the Q. " The registrant had 300,183,243 shares of common stock outstanding on August 14, 2023. "
That is a 50% increase in less than a month.
This is just my opinion and if I'm wrong, I'll be happy to say so.
These guys are issuing shares like a drunken sailor. In other words, like a company that is going to R/S.
I'd say that is what the " other transactions " are, that they put in that PR.
They are approaching sub penny and they are a NASDAQ stock. All you have to do is, read the last Q and do the math. (Debt) Then ask yourself if they can get their Bid price to where it needs to be any other way.

https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317684702&type=HTML&symbol=EBET&cdn=4f228626ca42848e2e78edc5b133a9e9&companyName=EBET+INC.&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&dateFiled=2023-08-14