For the past year and a half, I have watched $GMGI, Golden Matrix Group Inc. (Company Website), grow from having toxic debt no money and a tiny revenue stream to a company that looks to be uplisting very soon to OTCQB. They have paid off all of the toxic notes brought on by old management, increased revenue and profitability for the last 7 quarters strongly, and now have a sizeable amount of cash on hand. This is largely due to the new management sticking to their business model and putting their nose to the grindstone.
Short term flippers may complain they don’t put out enough news to build the hype, but they have a real business with real growth and do not look to do as every other OTC company has done for many years. They are now standing out as a long term investment that more seasoned investors are looking very hard at. It appears they are in a good position to make a sizeable acquisition that could change their valuation considerably and not have to dilute the company’s shares to do it.
Golden Matrix Group Inc, is in the digital gaming space and offers their proprietary games and gaming technology to casino operators in the Asian Pacific region. They also glean revenue from multiple licensing deals with much larger companies in the same space because of the new GM-X gaming platform they launched a year ago in August 2018. What a beautiful chart they have.
This stock is well worth doing your DD on considering a serious position before they take the next leg up. In my humble opinion.