East Side Games Group Inc T.EAGR

Too Much Dilution

[blackgold14]

I'm liking the strategy of acquiring competitors and talent but the company is issuing way too many shares.  Total issued stands at 3/4 of a BILLION shares.  If you factor in the dilutive and contingent consideration aspects of the deals, we are probably well over a BILLION shares.  This the why the stock has been on a steady decline since trading millions just a shade under 50 cents.  We will probably see the stock under 30 cents in a month.  A share consolidation is inevitable either later this year or next.

[Leaftime]

Why would an insider buy at 0.37 if they know a reverse split is coming?

[blackgold14]

He can buy a few hundred thousand to keep the price up and investors guessing, but the avalanche of free trading paper that is now hitting the market and will continue to do so for quite some time will depress the stock. I've been at this for 40 years and seen it all. It's more probable that we will continue to see a decline in the share price and eventually there will be a period of

[Leaftime]

What you are saying is there is no point in holding then?

[Leaftime]

For a change, glad I was working this morning and didn't sell.  What's going on?  Why is it suddenly hot?

[Arbutus22]

Speculating: word spread re: move into NFT space; this was enough to bring in huge volume and sp jolt. Two cents: I've been holding LEAF for about 6 weeks. Bought in first @.47, then averaged down @ .34. Mobile gaming growth is significant and only growing. LEAF has talented, experienced, management team. Recent acquisitions are positive, and I would expect more. Large insider buys since early

[Leaftime]

what kind of timeframe are we looking at?