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GameOn Entertainment Technologies Inc - GMETF STOCK NEWS

Welcome to our dedicated news page for GameOn Entertainment Technologies (Ticker: GMETF), a resource for investors and traders seeking the latest updates and insights on GameOn Entertainment Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GameOn Entertainment Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GameOn Entertainment Technologies's position in the market.

Rhea-AI Summary
GameOn announces the late filing of annual financial statements and MD&A due to audit delays, with an expected completion date of June 28, 2024. The company has applied for a management cease trade order and cites additional due diligence for new commercial agreements and blockchain grants as reasons for the delay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.89%
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none
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Rhea-AI Summary
GameOn successfully sells out LALIGA War Chests despite Ethereum gas challenges, plans to launch $GAME on Arbitrum. The company extends loan maturity date with Proje Ventures Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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none
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Rhea-AI Summary
GameOn, a next-generation fantasy sports company, has received a grant funding from Sportsology, resulting in the acquisition of 59,000,000 $GAME tokens. The partnership aims to integrate the $GAME platform into major league projects to enhance fan engagement and drive revenue growth. GameOn LALIGA has already gained significant traction on social media, and the $GAME platform is set to launch on Arbitrum in Q2. The finalized software development and support agreement is expected to generate $9.3m over five years. This partnership positions GameOn to reach masses of sports fans and capitalize on the growing popularity of fantasy sports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
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none
Rhea-AI Summary
GameOn (CSE: GET) (OTCQB: GMETF) partners with Sportsology to drive revenue growth and fan engagement through a definitive software development and support agreement. The deal is expected to bring in $2.3m in development fees in Q4 and $1.4m in annual recurring revenue from 2024 onward, with a total expected value of $9.3m over five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.37%
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Rhea-AI Summary
GameOn (CSE: GET) (OTCQB: GMETF) reports a 456% increase in revenue for Q3 2023 compared to 2022, with a 16% decrease in net loss. The company also announced partnerships expected to drive significant revenue in Q4 and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.53%
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Rhea-AI Summary
GameOn (GET) receives grant funding from The Arbitrum Foundation to launch major league partnerships on the Arbitrum One network, including LALIGA and PFL. The deal signifies strong industry backing and support for GameOn's web3 fantasy sports platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.72%
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none
Rhea-AI Summary
GameOn Entertainment Technologies Inc. (GET) announces a letter of intent to complete a software development and support agreement with Sportsology, driving $2.3m in development fees into Q4 and $1.4m in annual recurring revenue from 2024 onward. The total expected value of the deal is $9.3m over five years, with the partnership anticipated to grow and garner further opportunities. GameOn is developing a fantasy sports infrastructure called $GAME to drive fan engagement and revenue growth for game developers and sports leagues worldwide. Sportsology will benefit from GameOn's expertise in web3-based intellectual property development, with proven domain expertise in sports and games. GameOn expects to leverage $GAME to provide unified experiences and rewards across its ecosystem of game products, including for LALIGA and PFL. Management intends to share new and detailed guidance on revenue projections in December.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
partnership
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Rhea-AI Summary
GameOn announces deal with LALIGA North America, launching next-gen fantasy games for soccer fans. LALIGA has a global audience of 2.8 billion and 200 million fans. GameOn expects partnerships to drive revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.48%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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partnership
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
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GameOn Entertainment Technologies Inc

OTC:GMETF

GMETF Rankings

GMETF Stock Data

5.67M
48.98M
31.62%
Electronic Gaming & Multimedia
Communication Services
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