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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 Puma1backon May 06, 2023 8:14am
146 Views
Post# 35434438

RE:RE:RE:RE:Not Good....

RE:RE:RE:RE:Not Good....

easier said then done, but any serious firming  of positive ebit, then this will easily get above $US 1.00.

They appear to have reasonable room in the liquidity department but even a $US 1.00 issue of 10 million shares would be a smart move. Jam it to $US 1.25 and then announce the "in the money" issue.


1condor wrote: Puma1back..I dont see how they meet the NAS requirements without the reverse split scenario. So for me I am a firm believer now its the route they will take and consequently the company will suffer (not that it isnt already).  

 

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