STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Good Gaming Issues Its First Quarter Corporate Update To Shareholders

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On May 17, 2021, Good Gaming, Inc. (OTC PINK: GMER) released its Q1 2021 corporate update, highlighting major operational developments. In January, upgrades to the SkyBlock Winter season generated $2,177.09, while February's Prison Winter season earned $4,339.80. The company made significant progress in blockchain technology and NFT development, planning a major game announcement by the end of May 2021. This initiative aims to position Good Gaming as a pioneer in the online gaming space, allowing players to earn passive income through gameplay.

Positive
  • Generated $2,177.09 in January and $4,339.80 in February from seasonal updates.
  • Significant breakthroughs in blockchain product development, focusing on NFTs.
  • Plans for a first-to-market online game utilizing blockchain technology.
  • Upcoming announcement regarding player participation and potential passive income from the new game.
Negative
  • None.

KENNETT SQUARE, Pa., May 17, 2021 /PRNewswire/ -- Good Gaming, Inc. (OTC PINK: GMER) (the "Company") CEO David B. Dorwart is pleased to provide his first quarter corporate update through the issuance of this letter to shareholders.

Operational report for Q1 2021:

In January 2021, the Company was able to create major upgrades to its SkyBlock Winter season. This allowed us to produce $2,177.09 for the month with the enhanced upgrades. We also made a significant breakthrough in our development for new potential products in 2021 in the blockchain space utilizing non-fungible tokens (NFT's.)

In February 2021, we launched our latest Prison Winter season, which produced $4,339.80 in revenue for the month. We also invested a significant amount of time in developing a strategy that would capitalize on the rapid growth of the NFT market and set Good Gaming apart from its competitors.

March 2021 was an exceptional month as we upgraded our Prison game mode and went full tilt on a successful strategic development for our first-to-market, online game utilizing blockchain technology. This soon-to-be-announced game will exploit recent opportunities created in the NFT market and the Company believes it will be a game changer in Good Gaming's presence as a potential pioneer in the online gaming space.

The Company plans its initial rollout through a major announcement by the end of May 2021. The announcement will detail the new game and its involvement in the NFT and blockchain space, while addressing how players will actually be able to incur passive income while playing.

For more information about Good Gaming please visit our website:

https://www.good-gaming.com

Social networks:

Twitter: https://twitter.com/GoodGamingInc

Facebook: https://www.facebook.com/goodgaminginc/?fref=ts

Investors Hangout: https://investorshangout.com/Good-Gaming-Inc-GMER-62551/

About Good Gaming:

Good Gaming is an established brand with a highly involved, loyal player base within the Minecraft server network. We foster a community for players from all over the world, regardless of age and skill set, to enjoy our robust library of high quality, engaging content. The Good Gaming advantage comes from the close relationship our development team has with the players. The constant communication and resulting feedback further expands our proprietary content and we continue to be influencers in the realm. Good Gaming continues to find exciting and innovative ways to branch out not only in the Minecraft space, but the gaming industry as a whole. Our goal as a staff and community is to cement our place as a fun and collaborative place for ALL gamers to enjoy.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Good Gaming Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Good Gaming Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Good Gaming Inc.'s filings with the Securities and Exchange Commission.

Public Relations and Shareholder Information:

Infinity Global Consulting Group Inc.
Joseph M. Vazquez III
Email: infinityglobalconsulting@gmail.com 
(888) 295-7279

 

Cision View original content:http://www.prnewswire.com/news-releases/good-gaming-issues-its-first-quarter-corporate-update-to-shareholders-301292289.html

SOURCE Good Gaming, Inc.

FAQ

What were Good Gaming's revenues in Q1 2021?

Good Gaming generated $2,177.09 in January and $4,339.80 in February 2021.

What new developments did Good Gaming announce in May 2021?

Good Gaming announced advancements in blockchain technology and NFTs, with a major game announcement planned for late May 2021.

What is the significance of the upcoming game announcement for GMER investors?

The announcement is expected to position Good Gaming as a pioneer in online gaming and may provide players with opportunities for passive income, potentially impacting investor interest.

How is Good Gaming capitalizing on the NFT market?

Good Gaming is developing products that leverage NFTs and blockchain technology, aiming to set itself apart in a rapidly growing market.

When is Good Gaming's major announcement scheduled?

The major announcement regarding the new game and its features is planned by the end of May 2021.

GOOD GAMING INC

OTC:GMER

GMER Rankings

GMER Latest News

GMER Stock Data

1.23M
116.44M
8.56%
Gambling
Consumer Cyclical
Link
United States of America
Kennett Square