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Enthusiast Gaming Holdings Inc T.EGLX

Alternate Symbol(s):  EGLXF

Enthusiast Gaming Holdings Inc. is a gaming media and entertainment company. The Company operates in one industry segment, being digital media and entertainment. Its principal business activities are comprised of media and content, esports and entertainment and subscription. The Company's digital media platform includes its flagship video gaming related owned and operated websites, content channels including YouTube and casual games, where the Company derives the vast majority of its media and content revenue. The Company's esports and entertainment business, includes Luminosity Gaming Inc. (Luminosity Gaming), a global esports franchise that consists of professional esports teams under ownership and management, and Pocket Gamer Connects, global mobile gaming events. It has fully owned teams competing in Apex Legends, Overwatch, Super Smash Bros: Ultimate, Brawl Stars, and Pokemon Unite.


TSX:EGLX - Post by User

Comment by 1condoron May 04, 2023 10:15am
107 Views
Post# 35429815

RE:Not Good....

RE:Not Good....I mention this very scenario in my previous threads...and it now seems a reverse split is inevitable...problem is the reverse split fails "every" time. After the split is complete the shorts will come in for the kill and drive it right back down. Its very ugly to watch.  If you dont believe me then please do you own research on reverse splits and draw your own conclusions. Take a look at BRAG gaming...they too thought the reverse split was also the solution. Now the stock drifts aimlessly after the shorts drained it dry.
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