NorthStar Gaming Holdings Inc. V.BET

Cant Wait For The Financials To Be Out Nxt Week

[ScarletSpider]

given that is when management has stated to most likely have the audited one out for all of 2023. The management stressed they are doing quite well so in the interest of transparency they released preliminary projections estimating gross revenue from what i understand at 22.5 million and yet this continues to only trade between 15 to 16.42 million on the whole for around two months since falling multiple times from the more closer reflective truer bottom value the high of .105 which is quite pathetic if not trading at the minimum .1165 roughly based on the 22.5 estimated revenue and 193 million outstanding shares. 

I dont see the companys worst case revenue actual amount being less than 20.5 million and probably 24.5 million best. I can see a 2.0 million differential either side of the projected total but hard pressed to see that differential more than that. Either way for shares to be trading less than a minimum of .10 is way out to lunch so what people who are killing the share value are saying is that the companys actual revenue will be roughly 6 to 7 million less than the 22.5 million??? Not very likely. I cant see any company making that bad of an estimate. 

We shall find out soon enough and after the financials show considerably better than .08 to .085 we can at least leg up and put these low values behind. I do expect the company to trade up a double and hold that until the next leg up.. i expect niothing less than the last raise at .175 this is where i strongly believe is the fairer price and expect it to hold prior to releasing q1 2024 which i suspect will beat q1 2023 at the growth i have seen in the preliminary financials. Where things exactly go has yet to be seen but i expect .175 no less when all the chips are down and as stated.

Time will tell this post is just another one really saying these prices are no where close at the very least .035 off of .08 current trading price but lets see what happens end of this month moving forward.

[evilballs]

I hope you are right.  It's hard to tell the short term trajectory of the company.   With the note announced today its pretty clear they won't be cash flow positive and the market interest for the company prior to F/S is anemic.  But maybe all it takes is continued growth and a clear timeline to breakeven. 

[evilballs]

I'm defnitely seeing a little bit of get me out panic before next week.

[ScarletSpider]

Dont look at world economy to overgeneralization on any stock that is a huge fallacy and a really annoying one. Look at the overall growth in any companies balance sheet not only in terms of revenue but as you pointed out the gross profit margins which have been in a healthy range and increasing as the cost of new clients to the sportsbetting platform is continuing to drop.  2) yes you are