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Enthusiast Gaming Holdings Inc T.EGLX

Alternate Symbol(s):  EGLXF

Communication Services Financial Services Asset Management Software - Application eGaming
Enthusiast Gaming Holdings Inc. is a Canada-based gaming media and entertainment company. The Company’s principal business activities are comprised of media and content, entertainment and esports. The Company’s digital media platform includes video gaming related websites, YouTube channels and a library of casual games. The Company’s esports division, Luminosity Gaming Inc. (Luminosity), is a global esports franchise that consists of professional esports teams under ownership and management, including the Vancouver Titans Overwatch team and the Seattle Surge Call of Duty team. The Company’s entertainment business owns and operates a mobile gaming event in Europe, Pocket Gamer Connects. Its subsidiaries include GameCo Esports Canada Inc., GameCo eSports USA Inc., Luminosity Gaming Inc., Luminosity Gaming (USA) LLC, Enthusiast Gaming Properties Inc., Enthusiast Gaming Inc., Enthusiast Gaming Live Inc., Enthusiast Gaming Media (US) Inc., TeachMe, Inc., Outplayed, Inc. and others.


TSX:EGLX - Post by User

Enthusiast Gaming Holdings Inc > New Press Release - Enthusiast Gaming Announces Appointment of Interim Chief Executive Officer
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Comment by Puma1backon Jan 10, 2024 1:50pm
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Post# 35819820

RE:RE:New Press Release - Enthusiast Gaming Announces Appointment of Interim Chief Executive Officer

RE:RE:New Press Release - Enthusiast Gaming Announces Appointment of Interim Chief Executive Officer

Canaccord just released some comments and they are drawing same inference as below from the CEO departure.

and the first to tumble the target from $1.50 to 25 cents. 



Puma1back wrote:

Well, resignation likely means they did not hit a 4th quarter positive ebitda. Nothing else makes a lot of sense. 


so selling in December was likely not tax loss driven - it was ebitda loss selling


 

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