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X1 Entertainment Group Inc. C.XONE

X1 Entertainment Group is an esports portfolio company that owns and operates an esports franchise, RixGG. The business of the company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments. It engages in the acquisition and development of esports teams and digital content creation which is considered one business segment.


CSE:XONE - Post by User

Post by dealsharkon Jul 25, 2022 12:38pm
232 Views
Post# 34848476

XONE - I like the stock

XONE - I like the stockHuge potential here IMO. Looked deep into the ceo and his background,

His past venture, FUN Technologies, IPO'd at a similar market cap valuation to XONE and yrs later got bought out by Liberty media for just under $500M

FUN Technologies was a gaming portfolio company (same model as xone) which is great because (A) it's a proven model considering Mark successfully pulled it off before and (B) due to current market/macro-economic circumstances, xone has an opportunity to buy up high value assets for pennys on the dollar and grow them

With XONE it's all about the quality of assets they retreive. This company has the potential to be a profit machine so long as management moves correctly and builds their portfolio the right way (which im confident they will)

Buying more today, cheers
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