NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

RE:RE:RE:Tax Loss Buyers

[stocksnbonds]

I'm still in this stock for now. Everyday though, I regret it more and more. I believe in the potential but the folks at the helm are not transparent. I don't feel we're all in the same boat. I don't trust Matt. I'm starting to dislike my own posts as I'm sounding like a real suck who really should have sold long before when I first had a bad feeling. It would have been best for shareholders if the CRYP/Chartwell deal never happened. AYA really did a number on us (not on purpose). OnGame was a complete failure and a money loser from beginning to end. The Cryp and CWH deal also put more debt and shares into play. The OB deal is the only big deal I actually really really like.  OB will be the driver of growth for NYX going forward. I've never doubted the ability of NYX to bring in revenue. I just don't think they're good at managing the expense side at all. There is no proof of this in the short time NYX has been public. 

Q4 will hopefully show much improvement in EBITDA. It should with much organic growth. I want to see concrete profits though in Q4. No excuses. EBITDA does not show the cost side of the ledger as we all know. I can't even guess at the cost side to even "guesstimate" possible earnings. I can estimate the revenues, yes, but not costs at all. Far too many cost variables in play as I've been pointing out. 

sb