about a year ago MGG completed a cap raise for the purpose of finding a company to acquire to grow the brand. The assumption was that they will seek out some other gaming brand or software house that would compliment MGG.
Through that process someone must have pitched the idea of LU7. The decision was made to go down this path.
Personally I'm not mad at the idea. It's a much more exciting play than anything in the gaming space.
Think of it this way, mobile gaming is one of the fastest growing sectors, being in lithium is the smartest gaming play we can make.
about a year ago MGG completed a cap raise for the purpose of...
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