GDET Named Best Pure Play in Three Fastest-Growing Industries in Research Report Issuing $0.06 Target PPS
March 21 2019 - 9:19AM
InvestorsHub NewsWire
GDET Named Best Pure Play in Three
Fastest-Growing Industries in Research Report Issuing $0.06 Target
PPS
FORT LEE, N.J. -- March 21, 2019 -- InvestorsHub
NewsWire -- GD Entertainment And Technology (OTC:
GDET) (“GDET” or the “Company”) today announced that
Goldman Small Cap Research issued a research report on the Company.
The report includes a target price-per-share
of $0.06. The report reviews recent events and
provides an analysis of GDET’s new initiatives. To view the
research report, along with disclosures and disclaimers,
visit http://www.GoldmanResearch.com.
GDET
Goldman Small Cap Research Update
Highlights
GDET may be the
only publicly-traded pure play covering three of the fastest
growing, multi-billion-dollar, next-gen industries: Cryptocurrency,
Blockchain, and CBD products. Thus, investors can participate in
all 3 industries via one investment vehicle, GDET. In particular,
Goldman is high on GDET’s prospects in the CBD arena. According to
a report by the Brightfield Group, the hemp-derived CBD market is
forecast to reach $22 billion in 2022. Given that the market
remains fragmented, in-demand, niche offerings sold by GDET
position the Company for rapid market share
gains.
In the
Opportunity Research report, analyst Rob Goldman discusses the
Company’s new initiatives, and exciting upcoming opportunities that
lie ahead.
CBD
Products to Drive Revenue
Goldman noted,
“GDET’s new CBD products subsidiary, the Greenery is preparing to launch their product
line with an aggressive marketing/social media campaign with
specific target customers in mind.”
“There is
substantial interest in hemp-derived CBD-infused products, as
evidenced by the flurry of M&A, and investment activity.
Moreover, companies such as the maker of new products such as
CBD-infused Jelly Belly candy can’t keep up with consumer demand.
We envision similar events with some of GDET’s current and proposed
offerings.”
Crypto
ATM Generates High Profit Margins
“The Company’s
HyperDigital Technologies subsidiary is in the process of securing/applying for multiple MSB
licenses to secure multiple money services business licenses
in order to host cryptocurrency ATM (or kiosk) units throughout the
country. Once deployed, these units can generate high returns per
transaction, regardless of crypto pricing changes. GDET also runs
crypto mining operations in New Jersey.”
Upcoming
Milestones Serve as Catalysts for GDET
Stock
“An early stage
player with a diversified revenue stream in high profile and high
growth markets, we believe GDET offers considerable upside at
current levels. As GDET achieves CBD product introduction and
revenue milestones along with broad cryptocurrency ATM deployment,
these event-driven shares are primed to be driven towards their
52-week high.”
About Goldman
Small Cap Research: Founded in 2009 by former Piper Jaffray analyst
and mutual fund manager Rob Goldman, Goldman Small Cap Research
produces sponsored and non-sponsored small cap and microcap stock
research reports, articles, stock market blogs, and popular
investment newsletters.
Goldman Small
Cap Research is not in any way affiliated with Goldman Sachs &
Co.
This press
release contains excerpts of our most recently published sponsored
company research report on GD Entertainment and Technology Inc.
which carries a rating and a price target. The information
used and statements of fact made have been obtained from sources
considered reliable but we neither guarantee nor represent the
completeness or accuracy. Goldman Small Cap Research relied solely
upon information derived from GD Entertainment and Technology Inc.
(“the Company”) authorized press releases or legal disclosures made
in its filings with the U.S. Securities and Exchange Commission
http://www.sec.gov.
Separate from
the factual content of our report about the Company, we may from
time to time include our own opinions about the Company, its
business, markets and opportunities. Any opinions we may offer
about the Company are solely our own, and are made in reliance upon
our rights under the First Amendment to the U.S. Constitution, and
are provided solely for the general opinionated discussion of our
readers. Our opinions should not be considered to be complete,
precise, accurate, or current investment advice. Statements herein
may contain forward-looking statements and are subject to
significant risks and uncertainties affecting
results.
A Goldman Small
Cap Research report, update, newsletter, article, trading alert,
corporate profile, or press release is not intended as an offering,
recommendation, or a solicitation of an offer to buy or sell the
securities mentioned or discussed is to be used for informational
purposes only. Please read all associated full disclosures,
disclaimers, and analyst background on our website before
investing. Neither Goldman Small Cap Research nor its parent is a
registered investment adviser or broker-dealer with FINRA or any
other regulatory agency.
To download this
research report or any of our research, view our disclosures and
disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research
has been compensated $3500 by a third party for research and
distribution services.
About GD
Entertainment and Technology Inc. (OTC
- GDET): GD Entertainment & Technology, also known
as GDET, focuses on high growth industries to fulfill a diverse
selection of premium products nationwide. The company currently
manufactures, wholesales, and markets a portfolio of
blockchain/financial service-based products. GDET strives to become
one of the premier Cryptocurrency mining facilities that is
client-focused and dedicated to creating a new standard in the
Blockchain space based on security and transparency. GDET has also
developed a strong relationship with suppliers worldwide to ensure
future purchasing. The company currently has two subsidiaries,
DreamCard and HyperDigital Technologies, which both offer a
selection of transactional-based products and services. DreamCard
allows users to create a customizable debit or credit card using
its state of the art online platform. HyperDigital Technologies is
the Cryptocurrency ATM sector of GDET and aims to secure multiple
MSB, money services business, licenses in order to host ATM units
throughout the country.
For more
information, please visit: www.GDET.co
Goldman Small
Cap Research
Rob Goldman,
Analyst
410-609-7100
rob@goldmanresearch.com
GD Entertainment and Technology
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge Plaza
2nd Floor
Fort Lee, NJ 07024
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