We need a sporting goods store that appeals to over bearing White mothers. Those Moms that hold their kids hand through everything and those winy, sacred kids... The ones that won't jump in the pool...
I'm sure it's going to go up. This is exactly like LoveSac to me-- I can't buy either. This looks like ripped up egg cartons laid flat and called a mattress. what an annoying commercial!
Elys Game Technology Achieves 39% Revenue Growth and Reports Record Revenue of $14.2 Million for the First Quarter of 2020 Web-based gaming turnover increases 150% versus the same period last year Reports cash and cash equivalents of $21.5 million and no long-term debt as of March 31, 2021 NEW YORK, May 13, 2021 – Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq:ELYS), an interactive gaming and sports betting technology company, today provided a business update and reported financial results for the first quarter ended March 31, 2021. The complete financial results are available in the Company’s Form 10-Q, as filed with the Securities and Exchange Commission on May 13, 2021, which is available at www.sec.gov. Matteo Monteverdi, CEO of Elys Game Technology, Corp., commented “As illustrated by record revenue of $14.2 million for the first quarter of 2021, a 39% increase in revenue over the same period last year and on a combined record quarterly wager turnover of approximately $243 million in Q1 2021, the disciplined growth strategy we previously set out has been executed extremely well. Our web-based gaming turnover increased by an impressive 150% over the same period last year and we continue to generate strong cash flow from operations. Our management team is working to further capitalize on the success of our operations in Italy by focusing product distribution under our strong Multigioco brand.” Mark Korb, CFO of Elys Game Technology, Corp. commented, “We have made significant investments to support our U.S. expansion. These investments have resulted in short-term, non-recurring expenses as we address key regulatory and policy requirements that have impacted our bottom line resulting in a net loss of $0.6 million for the first quarter of 2021, compared to a net income of $0.2 million for same prior year period. Net loss in the first quarter of 2021 also included approximately $0.4 million of stock-based compensation and $0.25 million of expenses related to our expansion into US markets. We continue to maintain a disciplined spending approach by allocating discretionary cash towards future business opportunities. However, we believe that we are building a highly scalable business model, with the potential to generate very significant incremental margins, cash flow and profitability. We also generated over $3.9 million of proceeds from the exercise of warrants during the first quarter of 2021. As a result, we both streamlined our capital structure and now have over $21.5 million of cash and cash equivalents as of March 31, 2021 with no long-term debt.” Michele (Mike) Ciavarella, Executive Chairman of Elys Game Technology, Corp., added, “We are more encouraged than ever by the outlook for the business both in Europe and as we plan our expansion into North America, especially as and when the pandemic begins to wane and land-based operations resume. Given the successful track record in Italy, we believe that we are ideally positioned to become a competitive player as regulations evolve, opening up new markets across North America and Europe. Our balance sheet is now stronger than at any time in our history and we believe we intend to continue to execute on our growth strategy and vision of building a premier, end-to-end sports betting solution.”
Watch-- Low vol break out Farmer Bros. Co. (FARM) NasdaqGS - NasdaqGS Real Time Price. Currency in USD $10.82+0.43 (+4.14%)<----- was active last week As of 10:16AM EDT. Market open. XXXXX-> Wallbridge Mining Company Limited (WLBMF) 0.5153+0.0153 (+3.05%) As of 10:12AM EDT. Market open. Over the last year, we can see that the biggest insider purchase was by insider Eric Sprott for CA$10.0m worth of shares, at about CA$1.15 per share. That means that even when the share price was higher than CA$0.62 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. Wallbridge Mining initiated with an Outperform at BMO Capital 04/19 WLBMF BMO Capital analyst Andrew Mikitchook initiated coverage of Wallbridge Mining with an Outperform rating and C$1 price target. Wallbridge's Fenelon property discovery, in Northern Quebec Canada, contains a series of deeper underground high-grade structures, Mikitchook tells investors in a research note. There appear to be mineable high-grade structures here, says the analyst. >>> I saw this company listed with a bunch of higher priced co's in a Kipplinger's write up of small caps - at the time it was 25 cents and really stood out. Now I see it's 51 cents so the author was entirely correct and the situation bares some watching. Guy on Bloomberg TV this morning said Buy small cap industrial to get the Biden bump on infrastructure. This is not one of those companies although it could be argued it is micro cap industrial.
ELYS-> Our management team is working to further capitalize on the success of our operations in Italy by focusing product distribution under our strong Multigioco brand". I don't know.. Multigioco does not roll off the tongue. What's worse it lookslike they set up a shell company: D&B Business Directory HOME >BUSINESS DIRECTORY >CONSUMER SERVICES >ITALY >ROMA >FRASCATI >MULTIGIOCO SRL<--------- MULTIGIOCO SRL<----------- go to MULTIGIOCO SRL's websiteExternal Website. Opens New Window ON THIS PAGE Company Profile PRIVATE LIMITED COMPANYSUBSIDIARY<---- ruh roe Website www.newgioco.itExternal Website. Opens New Window Address VIA MACCHIA DELLO STERPARO 31 FRASCATI, ROMA,00044 Italy Phone +39-0623288338 Company Description MULTIGIOCO SRL is located in FRASCATI, ROMA, Italy and is part of the Consumer Services Industry. MULTIGIOCO SRL has 36 employees at this location and generates $67.20 million in sales (USD). There are 4 companies in the MULTIGIOCO SRL corporate family. Key Principal BENIAMINO GIANFELICI Jesus this money should be with ELYS!!! MISSING $67 MILL<-- On someone Elses books! The Ole' Italian pea pod in a cup game....
I hate to admit it but I fell for this scam. Took my 1st Warhol check and ran into one of these pea shell games. It did not end well for me.
No you missed my point about UTZ. I guess I wasn't clear. It wasn't about the stock of UTZ, it was about the price they negotiated for that company. We could have substituted UTZ with company "XYZ". The point was look at what they paid. 3X ebitda. They paid what the company was worth. Not a penny more. If Calloway went to buy DriveShack... they would probably pay in the neighborhood of a similar metric. Be it sales or book value or whatever. See what I mean here? My point was, people are paying (via buying stocks) exorbitant amounts for companies that aren't worth 1/10th that amount and could never sell themselves for that amount in a one off deal. Its all bs. Lynch would agree. Anyway speaking of... your kid's Roblox is back up near $75, so I guess Boston U is back on. Good.