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

RE:Poor numbers

[Mastermind28]

They are still working on getting new products out later this year so I doubt there will be any immediate downsizing. The CFO mentioned, if they wanted to get to high 30% for EBITDA margin they could do it fairly quickly and easily but that is not what they want to do at the moment as that does not make sense for the long term potential of the business (3-4 years). They want to be a product led company and really want to focus on becoming the industry leader in the industry they operate and gain market share. The company still remains focused on meeting their 30% EBITDA goal by end of this year. Lots of customers in the pipeline and revenue will continue to grow QoQ.