Post by
fearlessggg1962 on Oct 16, 2019 6:44pm
What is eplay doing?
Hello to all,
What is Eplay doing? Nothing except blowing sunshine up your behind.
I still have my very small position in Eplay and I still maintain this is or wasa pump and dump type play. I hardly spend time looking at this money losing company but this is one of the rare occasion. I noticed that Eplay had this big announcement 13days ago and when i say big, I am being sarcastic. Browsed through and found another sound good but worth absolutely zero. Dorksen said" A year ago, the company generated 100% of its Revenue from providing services to companies such as CBS, Sony, ESPN and Intel" so I immediatelly went on Sedar and looked at the income statement.
(Expressed in Canadian dollars) Notes Three months ended June 30, 2019, revenue was $3101.00 with a cost of sale of $46 and a G&A of over $200,000 Six months ended June 30, 2019 Revenue was a kickass $7737.00 with a cost of sales of $116 and a G&A of $429000.00.
So all the big names mentioned have basically stopped doing business with Eplay Digital. So I thought I read the financial wrongs and some zeros needed to be added to the revenue but unfortunately NO, it is a little over $1000 per month of Revenue. Canadian dollars that is. So to all the pumpers out there, please there is absolutely nothing you can do with that one... it will die soon and it will be worth a big ZERO Dollars. So i am not bailing out of this one simply because it is worth more to me in the learning on How a Pump and Dump operates in a free market than the actual lost it will generate in my account. Oh! Tanzanite,I asked you sometime ago to start pumping a real company(CPM) that could use your know how in promotion but NO you came once on the CPM's bullboard and never came again. What's wrong with you? That is a real mine with a real permit to proceed with real backers and you declined.
Regards,
Fearlessgg
Comment by
SpruceTree on Oct 17, 2019 5:47pm
CPM? Look at that decline. Mining is boring and lost its popularity it wont get back. Theres no sense in investing in small mining anymore. Only world news such as shortages and raw prices will make mining stock explode.