RE:RE:RE:RE: US $5,000,000Maggs wrote: Remember...Snipp just paid $5 million dollars for Gambit. Look at what the investment just got them without even taking into account the pilot revenues (which snipp did not get).
Snipp will now start collecting the revenues from Gambit before the Ballys offer, after the Ballys offer and continue to grow their Snippcare platform. All for $5 million which is gonna look like a steal over the course of the rest of the year. And they just put another $5 million into their kitty.
They continue to grow their tier one clients and they are only a tiny microcap company which is undervalued by quite a lot even as of today. You can see they are positioning themselves for a Nasdaq listing and a revaluation of their market cap. If your selling stock in this company now you must be absolutely brain dead. This is a buying opp...IMO of course!
I'm very happy with this development but if expected growth is as explosive as everyone thinks it is, why didn't Bally's just buy out the entire company? Like you said, Snipp is a microcap company. I was a shareholder of Gamesys when it was bought out by Bally's 7 months ago for 2B pounds (CAD $3.3B). So this investment of $5M is very small potatoes for Bally's.