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      6. Elys Game Technology Corporation (ELYS)

      7. Elys Game Technology Corporation (ELYS) News

      Elys Game Technology Corporation

      Elys Game Technology Corporation (ELYS)

      Elys BMG Group Inc (CE)
      0.41
      0.00
      (0.00%)
      At close: December 26 4:00PM
      Delayed by 15 minutes
      0.41
      0.00
      ( 0.00% )
      After Hours: -
      Delayed by 15 minutes

      Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

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      ELYS News

      Official News Only

      Form PRE 14A - Other preliminary proxy statements
      Edgar (US Regulatory)
      October 13 2023
      ELYS (0.00%)

      Form 8-K - Current report
      Edgar (US Regulatory)
      July 31 2023
      ELYS (0.00%)

      Form 8-K - Current report
      Edgar (US Regulatory)
      July 26 2023
      ELYS (0.00%)

      Form 8-K - Current report
      Edgar (US Regulatory)
      July 17 2023
      ELYS (0.00%)

      Quarterly Report (10-q)

      0001080319 false 2023 Q1 --12-31

      Edgar (US Regulatory)
      May 22 2023
      ELYS (0.00%)

      ELYS Discussion

      View Posts
      grantastic grantastic 1 year ago
      Another $3m lost in Q3 alone... that's $1m per month in operating losses.
      7 million shares diluted in the past year. Yikes.

      Regardless of the "cycle", ELYS definitely turned out to be a "bust"

      Possibilities? Or done deals?

      If we still get the Lottomatica/Yahoo deal and the 5D in the name signifies a deal with 5Dimes this company will grow exponentially as will the share price. Bookmaking can be boom or bust. We may be on the precipice of a boom cycle.
      👍️0
      grantastic grantastic 1 year ago
      Only 'shallow analysis' was needed to correctly conclude this was a doomed investment.

      Buying into a software company that tells you up-front "We cannot make profits until we've been operating for 7 years" is ridiculously foolish.

      Sometimes the "complex analysis" is just a way to trick yourself into throwing away money on a transparently bad idea.

      Not exactly a deep analysis by looking at 2 qtrs over a 15month period and therefore concluding it sucks.

      Elys has always said they are in investment phase which was a 3-5yr plan starting from the repeal of PASPA. We are just coming to the conclusion of that 5 year period, so would not expect to see any profits until year 6 or 7.
      👍️0
      grantastic grantastic 1 year ago
      Do we need to wait the full 6 months for you to admit I got this stock correct?

      Or are you willing to admit that the market has proven me right sooner than that?

      I wonder

      If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.
      👍️0
      Renee Renee 1 year ago
      Major ouch. Shareholders are so expendable.
      👍️0
      lucky, mydog lucky, mydog 1 year ago
      now .14.
      👍️0
      Renee Renee 1 year ago
      ELYS delisted from the Nasdaq to the OTC. Stock dropped 48% from .51 to .26 on the announcement.

      https://otce.finra.org/otce/dailyList?viewType=Additions
      👍️0
      Birdiejf Birdiejf 1 year ago
      Reverse split coming. 1-10 In proxy from Friday
      👍️0
      rodgranite rodgranite 1 year ago
      Kind of pedestrian

      There is growth to be certain but certinly nothing that is overwhelming. We need something like the Yahoo/Lottomatica deal to be finalized to give us that boost we need.
      👍️0
      bme bme 1 year ago
      Sorry, 10Q is already out.
      👍️0
      bme bme 1 year ago
      Double or nothing is what gaining for, like ELYS. Expect ER tomorrow.
      👍️ 1
      rodgranite rodgranite 1 year ago
      Possibilities? Or done deals?

      If we still get the Lottomatica/Yahoo deal and the 5D in the name signifies a deal with 5Dimes this company will grow exponentially as will the share price. Bookmaking can be boom or bust. We may be on the precipice of a boom cycle.
      👍️0
      rodgranite rodgranite 1 year ago
      I suppose

      That depends on whether or not you care about the near term share price. We will not lose the NASDAQ listing and a R/S is highly unlikely due to the already low O/S and the fact that somebody just agreed to buy shares. Beyond that, time will tell and patience will be rewarded.
      👍️0
      bme bme 1 year ago
      How did the recent 8k impact the near future SP?
      👍️0
      rodgranite rodgranite 1 year ago
      The funny thing is

      That these board gurus tend to answer to statements that weren't made. I never said ELYS would be profitable by years end. What I said was things will look much different. If you follow this company you already know this. If we stay in development for years with no growth of course the company will falter. I don't believe that will happen.
      👍️0
      Adhes Adhes 1 year ago
      Not exactly a deep analysis by looking at 2 qtrs over a 15month period and therefore concluding it sucks.

      Elys has always said they are in investment phase which was a 3-5yr plan starting from the repeal of PASPA. We are just coming to the conclusion of that 5 year period, so would not expect to see any profits until year 6 or 7.
      👍️0
      grantastic grantastic 1 year ago
      Just checked, and over the past 2 years:

      2021 Q1 revenue: $14.1m
      2023 Q1 revenue: $12.4m

      2021 Q1 operating loss: $650k
      2023 Q1 operating loss: $2231k

      This company is going in the wrong direction. No wonder VCs won't touch it. They want either growth and/or profits, and ELYS has neither.

      I wonder

      If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.
      👍️0
      grantastic grantastic 1 year ago
      No need to wonder, if you look at my history on this board.

      2 years of history has so far proven my concerns about the business prospects as valid. Will ELYS suddenly pick the next 6 months to magically become a success whereas before it was a failure? I'd be shocked but it's not impossible.

      If ELYS turns their operating loss into an operating profit before 2023 year end, please ping me and I'll publicly admit my skepticism was wrong.

      I wonder

      If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.
      👍️0
      rodgranite rodgranite 1 year ago
      I wonder

      If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.
      👍️0
      grantastic grantastic 1 year ago
      Still makes me laugh to think about someone comparing ELYS to MSFT
      👍️0
      grantastic grantastic 1 year ago
      Looks like time has answered my question: ELYS was always destined to be a failure, VCs knew this, so the owners milked naive penny stock gamblers instead.

      Nice pop for a brief time, and then only pain for people holding ELYS shares.

      That doesn't answer: why go public instead of using venture capital or issuing private equity for M&A
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      Something is def cookin'
      👍️0
      bme bme 2 years ago
      Have we touched the moon? What a wonderful day!
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      If they were to close both of those acquisitions this year, that would be incredible! And let's see how their web and mobile app debut in North America goes.
      👍️0
      rodgranite rodgranite 2 years ago
      Yep

      And the company expects the deal to be done in Q3. The Illinois sports bars deal may happen soon since they just got their certifications for the system in the U.S. I think the Lottomatica deal will open it up for us once it is in play.
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      Research analysts at HC Wainwright issued their Q1 2023 earnings estimates
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      Yes, let's hope the Lottomatica deal lands soon. Their IPO is supposed to drop at the end of April
      👍️0
      rodgranite rodgranite 2 years ago
      To me

      We are treading water until the Lottomatica deal and the Illinois sports bars producing. It isn't bad but certainly not earth shattering.
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      What's everyone thoughts on the 10-K?
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      New press release!
      👍️0
      MisterInvestorGuy MisterInvestorGuy 2 years ago
      Let's keep our fingers crossed!

      https://gamingamerica.com/news/4456/elys-game-technology-inks-with-lottomatica
      👍️0
      John_Vallay John_Vallay 2 years ago
      Why would ELYS go up

      They filed a preliminary with the SEC that states they raised $1 million at a price lower than the current market price. This means management doesn't even believe ELYS stock is worth more.

      Michele C is a convicted crook that had his hands in an illegal stock scam a few years ago. even if he is flying straight now, the mere presence of him running ELYS is reason enough for fund managers to never invest in the company. There are 10 thousand other companies in the U.S. that funds can invest in, why would they take a chance on a convicted CEO.

      While I do admit the sector is strong and growing, their balance sheet is weak. $30 million of there 42 million is goodwilla nd rights of use assets which really have no value unless someone were to acquire ELYS.

      From an operational standpoint they lost $3 million for the 3-months ended Sept and over $8 million for 9-months ended Sept.

      Bottom line numbers are much worse since they lost $11 million for 9-months ended Sept

      Their cash position is bad, as is evident with this most recent $1 million capital raise, but the more concerning part is that they may run out of money in late 2023 unless they raise more capital.

      Will the capital be at a discount to market as they just did, or will it be some toxic financing like a convertible note.

      They have negative cash flow so each and every business day they open the doors knowing they are going to lose money for that day.

      They are not in the business of magically turning things around like generating enough cash to sustain themselves or turning a profit which would make them an attractive investment, so I ask you why would anyone stay the course and then be happy
      👍️0
      rodgranite rodgranite 2 years ago
      This stock

      Is actually further along than it was at $6. With a stock like this if you have done the research and made an informed purchase you should not ecpect this to be an overnight double, until it is. This has always been an investment not a quick hitter. Stay the course and you will be happy ypu did.
      👍️ 1
      Can'tSparTheGhost Can'tSparTheGhost 2 years ago
      https://ih.advfn.com/stock-market/NASDAQ/elys-game-technology-ELYS/stock-news/90271215/statement-of-changes-in-beneficial-ownership-4?xref=newsalert
      👍️0
      Adhes Adhes 2 years ago
      Yahoo/Lottomatica is synonymous.....same deal
      👍️0
      rodgranite rodgranite 2 years ago
      Look how much it jumps

      Just on the mention of a potential, future venue. Just wait until >100 venues are announced in Ohio. NY is in play. There are rumors of a Yahoo partnership and also the Lottomatica deal, which is huge. The future looks great!
      👍️0
      Timing101 Timing101 2 years ago
      $ELYS Stop and think here, ELYS is huge in the EU and now HAS ALREADY come to the US , with big locations see below! Follow them, plus take note one that is really taking on "Shorting" see below. Note US HQ right in Las Vegas.
      https://finance.yahoo.com/news/elys-game-technology-partners-t-120000181.html
      https://elysgame.com
      =====
      Quote Tweet
      Elys Game Technology
      @ELYS_Gaming
      ·
      1h
      If anyone wants to have some fun. This is where short sellers are situated. twitter.com/tiffinyfawcett…
      👍️ 2
      bme bme 2 years ago
      Here we go
      👍️0
      Timing101 Timing101 2 years ago
      $ELYS, Besides the acquisition, they pulled the S-1 filing (HUGE) , and today announced their hiring a firm to take on the Naked Shorting (8-K). Leading the way here folks , plus US Market Share increasing https://finance.yahoo.com/news/elys-acquires-software-engineering-development-130000971.html
      -
      https://marketscreener.com/quote/stock/ELYS-GAME-TECHNOLOGY-COR-34091117/news/ELYS-GAME-TECHNOLOGY-CORP-Other-Events-form-8-K-42910036/
      👍️0
      Adhes Adhes 2 years ago
      No, they issued a convert instead.
      👍️0
      Grandvic Grandvic 2 years ago
      Wonder if they pulled the offering because it was at a much lower price ? They see their stock price rising and might want to apply for another offering down the road at higher prices ? I’m only guessing guys because I don’t know the original offering price but it could make sense . Hope I’m wrong
      👍️0
      Can'tSparTheGhost Can'tSparTheGhost 2 years ago
      Looking forward to the
      Electric
      Light-
      Year
      Show!
      👍️0
      glenn1919 glenn1919 2 years ago
      ELYS..................................https://stockcharts.com/h-sc/ui?s=ELYS&p=W&b=5&g=0&id=p86431144783
      👍️0
      fitzkarz fitzkarz 2 years ago
      https://www.benzinga.com/secfilings/23/02/30714088/elys-game-technology-corp-formrw
      👍️0
      fitzkarz fitzkarz 2 years ago
      https://ir.elysgame.com/sec-filings/all-sec-filings##document-1304-0001017386-23-000047-2
      👍️0
      harry crumb harry crumb 2 years ago
      Premarket monday will be interesting
      👍️0
      bme bme 2 years ago
      About 4.6Mil trading so far AH
      👍️0
      bme bme 2 years ago
      We will have our days.
      👍️0
      bme bme 2 years ago
      We will have our days.
      👍️0
      fitzkarz fitzkarz 2 years ago
      That was awesome$$$$$$
      👍️0
      Timing101 Timing101 2 years ago
      Yes indeed .. NICE,
      👍️0

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