There was talk on this forum a few months ago that it was going to fly because covid would have everyone at home playing video games. This company makes the most of its income from customer payments who play in paid for tournaments.
if they are getting paid monthly from the AOE tournamnet then that is over 27k per quarter just from AOE. Let's assume they can get to 33k this quarter from paying customers then they should get overall above 60k. Unfortunately the estimated expenses are about 700k so its still a heavy loss.
The only success ESH has been having is milking the Cow with capital raising and providing magic beans in return. Whilst it may be an improvement on last years figures .. they are still a long way off.
ESH Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
