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$57.3M and 3 of them are now seemingly worthless.
As part of its ongoing rationalization efforts, the Company has significantly reduced its operational footprint in the United States, where a lack of regulatory clarity around CBD products is perceived by the Company to be limiting growth. Operations at Socati, N8 and Big Swig have been suspended and certain assets have been or are in the process of being liquidated as the Company redeploys resources to jurisdictions where a more structured regulatory environment is expected to facilitate growth in the CBD industry, as well as in the Company’s non-CBD businesses
I will take a stab at explaining the discrepancy between revenues and MCAP.....ahem.....here goes..............
........... comprehensive losses for the year of US$33.35 million.
Sorry about that Mat. The only reason I stayed awake is because I had a game of 'spot the dickie bow'. Inveniam must be paying him in FCT these days.
Talking of crypto w*nkers
https://youtu.be/NHlNcWzGaJE
I can't for the life of me see how Accumulate is going to be more successful than Factom when the man himself expresses reservations.
IF the sale of Leap is tied to the OpenBet acquisition then you will be waiting a lot longer than 6 weeks. Not due to happen until Q3 now. Timing could be down to issue of Leap licences though.
Thank god I got out at 0.3
An 85% haircut is better than 100%
Waiting patiently to get back in. Here is why
Executive are currently preparing detailed software development, payment processing, marketing and regulatory expansion plans for our core website. These four factors underpin a successful USA licensed online wagering site. There is, however, an obvious cost to all four of these items, some of which can be financed through existing cash flows. This investment is critical to the future growth of the business and indeed our market valuation. The Board will keep shareholders fully informed of any decisions to invest in the current wagering platform.
I may be wrong but I think there is a strong possibility of a placing coming before the November ballot in CA.
Me. I'm Ronnie Pickering
And therefore OD as well :-)
RONNIE PICKERING!!!
Ronnie Pickering!!
Ronnie Pickering?
Yes the SP is on its arse but I have gone on record before to say I like what Yooma are building.
My only frustration is the inaction since the acquisition of Big Swig, I think that that in collaboration with Socati this has real potential.
https://www.gamblinginsider.com/news/16129/comeon-group-approved-for-gambling-licence-in-ontario
Just some gentle fun OD, please don't take any offence
Old Ham (Not very) Athletic?
Just a theory.
The Gambling Commission website shows IMG Arena US has held a betting host licence for live events since March 2020. Since then they have acquired OpenBet meaning EDR basically have all the ingredients they need to set up, and have full control of, their own sportsbook.
If they acquire Leap they can bolt on a casino.
I may be mistaken but it looks like one of those pending licences is for Leap to host its own casino.
Some impressive names in the updated list of partners on the Leap website - DraftKings, Bet365 & Casumo. GVC updated to Entain.
@ ICE London today. Just one appointment remaining @ 16:30.
Anyone available to attend? I have a list of questions!!! ;-)
The Brucie bonus with palm oil is there is a huge market for the waste product as well with the kernel shells sold for biomass and livestock feed once the oil has been extracted.