NorthStar Gaming Holdings Inc. V.BET

My Overall Read Putting My Comments To Rest

[ScarletSpider]

Is that there is likely a buyout price in mind and a certain share value where when i see buyouts they are typically 5 to 10 times premium on the share value. I have said this will not do any worse than .50 to $2.00 i still strongly hold to this. What remains uncertain is what i have strong said will inevitably be a buyout. I think that price will be between .50 to a buck with the 5 to 10 premium factored in.
 
Assuming .50 that would be a buyout at $2.50 to $5.00

Assuming $1.00 that would be $5.00 to $10.00. 

Unless i see decisively above .50 next year this will likely be sold at $2.50 or so.

The reason the shares are being pushed down as far as i am concerned is as i have said Playtech wants this cheap but will argue a few things both of which will hold true 1 we are paying a significant premium over current trade value  and 2 this is our tech which i have read if i am not mistaking that Northstar is using their software be it the whole Casino suite or whatever else plus the cash infusions so one will not be able to really question that.

My feeling is within 5 years this will be sold to Playtech they already have 25 or so percent of the shares and up to 5 members of board when they are all accounted for.

I figure this will not likely hit more than a buck maybe 2 before the buyout offer comes. If at $2 $10 buyout .50 i would hope it will be at a 10 times premium for $5.00 so ultimately what i would be looking for is $5 to $10 and i would be happy enough if at the lower end really happy at $10 even though i said North of it. There is absolutely no evidence that will support that especially at how badly the shares are being surpressed.

So as far as i am concerned this is as before really secure in the sense Playtech continue to infuse money into the company and as the company entertains further financing through short term loans they have the stipulation of dping a 10 million raise for instance which then ultimately puts the company in debt to its shareholders the majority of who will remain Playtech. I am not barking because inbthe whole scheme of the end results i fear we will do badly i already said this will not be any wose than .50 but because i just despise when things seem unfair. Had this been trading bottom end fair .12 i would not be this vocal.

By comparison to rvly i said this should be around .20 right now and had maintained that this should be actually right where the .175 raise is and i still strongly hold to that.

Because i am very displeased with what is going on and have waited for 4 months to see this hold above .10 i dumped a little less than 10 percent of my shares to diversify and not have my greater ire here in order tp save and hold what i do which is what i will do. No more giving up cheap. 

I have 0 doubts we will see 10 plus time gains within 2 years if not this one next one for sure. Where i dont know what will happen is as i have sais having Playtech is a double edged sword while i am super grateful we do as i gave said from what i understand they are supplying software cash infusiin and board member knowledge i strongly sense they are actually supressing the share value and if not them they are doing 0 to give proper share support to offset those trades constantly pushing this down creating selloffs people being fleeced shares go down and them buying on the down selling on the top. I am sure that is going on as that will give more control of shares to those who will form blocks of influence favorable to the majority of the board but voting members not on board as they cant vote. 

Regardless i am convinced this is what is going on so from my perspective while this is extremely frustrating to me my moves it makes sense just to hold and for me if under  10 and i am not going to feel other companies continue to move ahead and i am missing out then possibly add. But if i feel that things are not fair will inevitably get to be more fair and seeing a minimum $2.50 buyout price just hold what i have buy others and forget about these until the buyout or $1 plus as to the 9000 shares. 

Like i said my bark is looking at the unfair values right now not that i am concerned about the future value not at all because history shows Playtech and the company doing really well together so thats really not my issue or anger whatsoever the lack of what i have said and assessed as a lay person is thats it! 

Now i have beaten this darn thing to death i will put it to rest very much as i more or less have with Acceleware. This remains my single most largest holdings and because the shares were and are again becoming more dirt cheap for what we actually have i hold in access by neatly 4 times what i would usually hold 10,000 shares. I dont like to put in more than a maximum 2500 in one company. I have about 2400 here and a bit less at Acceleware but my cost average is .25 there .0636 here that is the difference 9000 vs previously 43,000 comparing apples to apples but now 39,000 and i have 0 desire to give cheap anymore i will be holding for my dollar plus there is 0 excuse for this not to hit that next year actually. I hold .50 to .70 this one a buyout within 5 years  But like i said time will tell all things and i am not at all afraid buying below .10 and holding for whatever gains we see. 

I will not chase shares and while looking a year or more off i will not add more into this company but rather look at others that i can actively leverage some shares to trade with. My near term on this company albeit not entirely the way i would have liked is done...no more cheap give aways...next stop $1.20 plus. 

Because i yap and i deal very honestly in regards to my holdings and strike points i willl ley people know of my acquisitions and disposals i have no issue with that. Unless disclosef i have 39,000 shares at .0636 average. 

I have given my best assessment as a lay pereon and not any trading advice that isnt in my qualificatiions the only thing i can say by experience have a plan in how you manage your shares and stick to it you will likely be further ahead then if you dont. But if you see things need adjysting of course. 

With that said and until i either buy or sell i am looking to put this all to rest and as with acceleware hardly anything to talk about until we can finally snile at the share value which has tons to be desired of because one last time it is garbage right now from a hold and inevitably sell prospective but from a buyimg one dirt cheap and extremely well worth rolling the dice on 

Have a good weekend everyone and the best to all.

[a2bman]

"Playtech they already have 25 or so percent of the shares and up to 5 members of board when they are all accounted for." if this is true the float has got to be pretty tight.  Im sure the RTO target is to blame for some of this Sp slaughter. Ive seen it so many times before and happens regardless of the the fundamentals. I Just keep buying throughout the slaughter as long as biz

[ScarletSpider]

Way undervalued in the current sp and is one of the best stocks to grab at these levels. I still would have preferred the share price to more adequately reflect the fairer market value. I divested a little less than 10 percent not at all interested in divesting anything else. While i dont regret the move i am strongly considering grabbing more because it is severely undervalued however if it

[a2bman]

Looks like shake and bake going on. time to load up, down low

[ScarletSpider]

I was extremely tempted to buy back most of my shares 3000 to 3300 but decided to keep things the way they are because if we get a low buyout in the end i dont want to tie money uo and be disappointed. Anything less than $5 a share is low for me. The worst .50 to $1.00 so if any of this happens i wont feel as upset had i not moved the money out. I still ideally want North of $10. Lets see. So far

[a2bman]

There was a lot of non cash expenses last year that affected the numbers.  I dont see anything like that amount this year.  I have a feeling we'll see a good quarter, maybe not a huge revenue jump but should be on the road to cash flow positive, and I think ontario gamblers spend more in the winter (thats just me).  Either that or company is going under and its not a shake. 

[ScarletSpider]

The company is definitely not going under it is obligated to put out proper news releases and nowhere is there any indication of that nor stated like that. This is simply being heavily manipulated down and shares taken out of retail shareholders hands systematically for those who are doing so to gain more control and to keep more of that power for an easier and less costly acquisition price. As