Playgon Games Inc. (PLGNF)

GGR was over 50 million in October for playgons customers and over 60 million in November for their clients on a pace to double annually. David mentions numbers before the company officially opened up in October for their clients, I mention real numbers . My guess is that playgons cut on that is 10 pct which would be over 5 million revenus in October and over 6 million in November . playgon may be the cheapest stock at a price to sales projected 2022 of maybe 1.5 is my guess. They havnt even opened up yet in Latam and USA and Canada sit back and enjoy the ride David . Best part of this company there is no downside as they could sell to 20 dif companies today for todays market price or more.

Playgon has stated 54 million betting turnover in October its first month fully up and running and approximately 60 million in November a 12pct sequential rise month to month which is insane . Lets
just say industry average 35 pct profit on gross turnover for their customers is maybe 40 million profit october and november for their customers . Even if playgons cut is only 5 pct of that which i doubt its that low is almost 2 million in revenue first 2 months up and running. Remember how many customers can a blackjack table hold in a casino maybe 5 while Playgon can have how many simultaneously 10 15 25 . Im not sure how many but i know from their sample on sight its at least 10 or more cause they imply that . Could it get to 100 customers on one table im not sure depending on software. Projecting outwards keeping in mind Oct thru feb are busier months I would think annual at least 1 billion betting turnover next 12 months without LATAM and USA and Canada so without them 35 pct of 1 billion 350 million 10 pct of that 35 million revenue Playgon or at 5 pct 17.5 mill first year or if its 20 pct 70 million revenus without USA LATAM and Canada. Sit back and enjoy David and dont disappear. These projections are assuming no new clients get onboarded which is obviously absurd.

What is very impressive if you look on their website they have many new games in development many that the Asian market likes. I hope nobody takes over playgon now because we would only double our money from here. Id rather wait couple years and when our market cap in 250 million we could sell for 500 mill.
CEO stated they are currently moving to Latin America and USA. Sit back and enjoy as David loses more money. The margins will be huge they have rent and paying a few dealers as their only fixed expenses. I believe GGR could be 1 billion for their customers in 12 month period so at 35 pct margin 350 million profit for their customers so what is playgons cut 10 pct so 35 million revenue in next year. That is only a price to sales of 2 basically on a company that is exploding.

Keep PUMPING

PLAYGON GAMES INC.
Notes to Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2021 and 2020 (Unaudited - expressed in Canadian Dollars)
13. REVENUE
During the three and nine months ended September 30, 2021, the Company generated $5,624 (2020 - $nil) and $7,842 (2020 - $nil), respectively, in licensing and use revenue from its Live Dealer Product. Revenue for the three and nine months ended September 30, 2021 was generated through Malta.