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BREAKING: Enthusiast Gaming Targets Mobile Gaming Market with LOI to Acquire Steel Media, the Leading Global Mobile Gaming Media and Events Company

  • Will position Enthusiast as a leading publisher in the mobile gaming industry with significant growth of online and offline gaming community
  • Owner of over 20 mobile gaming websites and Pocket Gamer brand, the leading mobile gaming media website
  • Operates 25 live events in 11 countries, including the largest B2B mobile gaming event in North America and Europe

Hub On AGORACOM / Read Release

Message: Something lurks deep within the md&a.....

That might be news to you Brundal but it is certainly not something that is unexpected is it? If you have been following this forum then you will have noted that it has been expected as a result of the redirection of resources away from low volume products. The hit was anticipated as a result of the work required to produce the high volume product line that will fuel this company for a prolonged period with one time engineering costs.

As has been posted here I think it is clear that the level of production did not take as large as hit as was expected per the analyst report.

I believe that you have some idea why DenseLight has typically lost money as it has been talked about here. Your statement from the MD&A is pretty much bang on to what this company has been doing to transition to high volume low cost products integrating the dielectrics.



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