r/pennystocks – Analysis on React Gaming Group Inc $RGG

(TSXV: RGG) (OTCMKTS: ITMZF)

I was looking at some gaming market based companies and I came across React Gaming Group Inc, a world’s emerging leader in Esports and the iGaming industry with the mission of bringing the excitement of esports betting to the entire world through their secure, fully licensed online platforms.

Share Price: 0.250

Market Cap: 35.863M

Avg. Volume: 122,203

On April 14th the company switched over from the name “Intema Solutions” to their current name, React Gaming Group which fits in perfectly with the Company’s esports and iGaming activities

Source:https://finance.yahoo.com/news/intema-solutions-becomes-react-gaming-110000959.html

To start off 2022 the company announced the signing of a definitive agreement with Livestream Gaming Ltd to acquire all of the issued and outstanding securities in the capital of Livestream

Source:https://www.reactgaming.ca/post/intema-signs-definitive-share-purchase-agreement-to-acquire-livestream-gaming-ltd

React Gaming Group’s Portfolio:

Loot.BET is a global leader in eSports betting with a positive EBITDA.

HypeX.gg (currently being rebranded into “Compete.gg”) is an eSports social gaming platform specializing in peer-to-peer gaming with 57,000+ users currently registered.

GenerationZ Gaming Entertainment is made to deliver highly customizable sports and esports solutions, as well as being an eSports tournament platform.

Parabellum Esports which is a professional eSports organization from Toronto competing in titles such as Rainbow Six Siege with a top 12 placement at the “2021 Six Invitational”.

This company seems to have a good fit in the gaming industry and as there are 2.8 billion estimated gamers across the globe i think React Gaming Group is worth giving a look. The CEO of the company in the last PR stated: “We will also be launching programs to monetize the other subsidiaries that make up our esports ecosystem, including HypeX.gg, Team Bloodhounds and GenerationZ, as well as our professional esports team Parabellum Esports.” so it looks like they have some big plans for this year.

https://www.reactgaming.ca/

Disclaimer: This is NOT financial advice, always do your own research.

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