Posted On: 08/29/2014 10:18:16 AM
Post# of 83
an undiscovered company,proven management ,danny sold previous co for huge bucks to activision, has the vehicle he needs now in MYGG, new office ,staff, pps motivated workforce, producing new games and variations, experienced team-
by all logic should mean a rapid turnaround quarter to quarter esp after couple quarters
without looking it up was .60 ? or 1 dollar ? a year ago when had little or no product or business model and no income/relatively large debt- of course they increased OS/A/S to set up shop and provide acquisition etc flexibility-but will have substantial income and have already reduced debt
non-owner note conversions were a large part of that drop but those non-owner notes are mostly,if not all, gone --and experienced owners-chiefly danny- know where this is going, so they wont be converting anytime soon
the market is crazy, esp pennies w its daytrading and promo playing players, but eventually pps has to reflect value and draw fundamental value players plus other types when they see the pps progress etc
by all logic should mean a rapid turnaround quarter to quarter esp after couple quarters
without looking it up was .60 ? or 1 dollar ? a year ago when had little or no product or business model and no income/relatively large debt- of course they increased OS/A/S to set up shop and provide acquisition etc flexibility-but will have substantial income and have already reduced debt
non-owner note conversions were a large part of that drop but those non-owner notes are mostly,if not all, gone --and experienced owners-chiefly danny- know where this is going, so they wont be converting anytime soon
the market is crazy, esp pennies w its daytrading and promo playing players, but eventually pps has to reflect value and draw fundamental value players plus other types when they see the pps progress etc
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