In the gaming industry, $1.4B in revenue is not much. I am also...

In the gaming industry, $1.4B in revenue is not much. I am also convinced that number has been fluffed up to incorporate peripherals which offer cloud gaming as a bundle, but are not primarily cloud gaming services.

The cloud gaming deal has been a disaster for 5GG. I have written elsewhere in this forum that I suspect the contract with Nvidia is a crown of thorns that imposes huge costs on 5GG with minimal upside exposure, plus a brutal termination clause.

I once attended a meeting where management repeatedly stated they had minimum interest rolling their product out in the eastern states because cloud gaming was where the money was to be got. Sheer arrogance and stupidity. 5GG traded its market-leading position in wireless internet for a speculative business model built on unproven tech. The cloud gaming arrangement should at least have been floated as a separate entity.

I put in a couple of grand above 70 cents. This stock was my single biggest loss in all my trading.