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Bullboard - Stock Discussion Forum Global Gaming Technologies Corp BLKCF

Global Gaming Technologies Corp. is a Canada-based gaming industry investment holding company. The Company provides investment exposure to digital interactive entertainment in emerging technologies, such as augmented reality, virtual reality and artificial intelligence, in addition to e-sports and traditional games platforms, such as mobile and console.

GREY:BLKCF - Post Discussion

Global Gaming Technologies Corp > Possible GOOD news
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Post by Grinder57 on Jul 20, 2019 1:29am

Possible GOOD news

It looks like Amazon is selling on average 119 St. Noire game sets per day at an average price of $40 per unit, translating into $143,000 in monthly sales revenue!

Not bad considering these are just pre sakes not ready to ship until August 15, 2019.

Lets say the game board sets cost about $10 per unit and then get wholesaled to Amazon for a minimum of $20-24 per unit, leaving the retailer a nice 40% gross profit.

That would give X2 about $71,000 in gross revenue for the month or about $35,000 in gross profit at $20 per unit!

No one is getting rich here, but this game is just launching. Wait until Amazon puts some marketing power behind the product for a full launch!
Could get interesting...
Comment by tradersam99 on Jul 20, 2019 2:29am
is gonna sell a LOT more than 119 a day soon. With Kevin Smith and Amazon pushing it, this will sell millions of units.
Comment by bohemian61 on Jul 20, 2019 10:15am
According to the figures apparently there have been about 100 million Alexa units sold  as of Jan. /  2019 . Just 10 % of that number of just the St. Noire games being sold equates to about 400 million in revenue so the evaluation of this stock at present is dirt cheap . This will be a great christmas gift and I preordered a whole bunch of them . Global Gaming market cap sits at about 3 ...more  
Comment by pennystockjunke on Jul 20, 2019 2:47pm
This post has been removed in accordance with Community Policy
Comment by pennystockjunke on Jul 20, 2019 6:27pm
This post has been removed in accordance with Community Policy
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