Member Info for Mozax

Nothing worse than selling and watch a share scoot off over the horizon.

So you closed the other at just the right time? Now your looking to open another are you? Your timing is impeccable indeed - you must have lots of shorts on lots of Companies as it's all you ever post - and trying to open & close them all at just the right time is quite a feat.

One can be sure that Companies looking to come into the USA now are going to be fleeced for NEW licence costs. Already being licensed in 28 States is certainly worth more than our current MCap - by a long way.

That's bad advice - nothing is guaranteed!! However, the position here is interesting at a time that Supreme Court ruling works in our favour.

It's up to you. There are thousands of Companies out there. Protect your capital and only invest smaller amounts in high risk Companies.

For Newcomers one issue but speed to the market is the other. Much easier to piggyback an existing Company already well positioned. This is going to get interesting fairly quickly.

The Position. Established in the USA in 2013 and currently hold licences in 28 States. Results last year showed small profit on turnover of $440M. USA Supreme Court has passed legislation to allow gambling. UK has tightened rules on value of bets placed. WEBIS are actively seeking a partner to capitalise on its position. MCap here is currently only �15M

5.8p was the high on news last week, this has consolidated well at 4p. SCAP now on 5.7p Games here but pressure is on.

Going. I'm back home now and on L2 again - SCAP just moved to 5.5p. Personally, Im holding for the partner news.

Yup - Cheerio.

UK betting laws have been tightened, USA opened up - Companies need USA market share to survive.

It should be noted that a volume of 2M has put the SP up 15% - the stock is getting tighter as more load & hold for partnering news. Trade some if that's your thing, but I would suggest keeping a core holding.

This hasn't started yet. With the change in the UK betting laws diminishing bets significantly the USA will be overrun with Companies trying too increase market share. Webis is well positioned.

WEBIS is already licensed in 28 States, Including California. Read the RNS.

Wres - that's an article form the 29th April - The Supreme Court has ruled since then!!

UK tightens betting Legislation as US Supreme Court lift regulation. WEBIS - perfectly positioned with licences in 28 States. You couldn’t make it up.

I was writing that as you posted that link - Webis BoD having the door knocked down I suspect!!!

How new UK betting legislation will affect the interest in new markets - like the USA. Big pressure here tomorrow, either go out of business in the UK or partner with someone established in The USA.

Good evening. I’m following this but have bought more in ‘the other’ in the meantime. I’d prefer to miss out on ‘a percentage’ here & wait for positive news, rather than invest on hope - I don’t like binary bets. Following both & interesting to see what evolves.

I see that now - I didn’t see the time stamp at the time of my post. Will Wait & See what is announced next.