well, I look at it this way - ATARI can give us an order to make a game or modify their games' platfrom from the usual to a blockchain based platform... that would be the usual modus operandi - you go to someone who is an expert at something and give them a Purchase Order of $ X and the supplier tailors things to your requirements and deal is signed off and everyone walks away or does the next deal...
ATARI did not have to buy into AB1 for US$250K and that too pay a premium of 10% to the last traded price... this is the spec end of the town - stocks don't get issued to big names AT A PREMIUM here... at this end of the town, the junior player is rolled over a barrel and the senior players have their way with them - that is what I have seen all my life - NO ONE PAYS A PREMIUM TO A JUNIOR now...
yet, AB1 has had got two premiums in the last few days itself... I seriously cannot find anything from my experience that shows me such deals in the junior space...
will it translate into a big burst of the sp that we all want? I think the quarterly results will be the litmus test now - bring in some nice $$$ and all the good news stories of this quarter gets 1c each added to the sp in the coming quarter... so far, the news has been only SUPER BULLISH, but we wait for the confirmation from the top / bottom line in 4 weeks to get the sp on a trot...
I hope we get an "early" quarterly in Jan to get the story going... too good a company to not hold or try and trade it for pips for me... I am just sitting quiet for all of 2019 and will assess my situation after 2 more quarterlies... too hot !!!
Ann: Atari partners with Animoca Brands to make blockchain games, page-14
Add to My Watchlist
What is My Watchlist?