Gambling company’s stock sheds 31%
GLOBAL ENTERTAINMENT HOLDINGS/EQUITIES INC (GAMM.OB) is a software provider to online sportsbooks such as VIPSports. Over the week, the stock shed 50% of its value from it’s $0.40 high on March 6 to yesterday’s close of $0.15 (March 14). The company’s market cap sunk to $1.1M. Other developments include
- $713,000 Net Income for 2005 (from $748,000 Net Loss in 2004)
- departure of Mr. Dave Outhwaite resigned from further service as a member of the Board of Directors (12/31/2005)
- new software system Elements to be introduced 2Q 2006 specifically to BetInternet in the Isle of Man
- integrated Real Time Gaming’s casino product into it’s licensees.
Related web sites
Global Entertainment Holdings/Equities, Inc
