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Latest update: October 6th 2014 - In a shareholder update the CEO of Seaniemac International (BETS) stated "...we have added 13,955 registered customers, generated turnover revenue of $11,580,888 and gross profit of $781,000. (in US dollars)." He continued "In Ireland we have seen our business grow month after month and quarter after quarter. 2014 turnover is up 600% over 2013 with 3 months still left in the year."
The CEO also stated this positive news "We have reached agreement in principal for up to $5 million in financing on terms that give the company complete control of the timing and draw down of funds...We believe with access to capital we can accelerate our already strong growth in Ireland." AND this "We have reach agreement in principal on a joint venture with a substantial US based group that we think has the potential to drive large European customers to our platform.."
In conclusion the CEO stated that "While there is not assurance that either of these agreements will be finalized we will push to complete them rapidly after our filing of the 10-k and 10-qs.....We will continue to work aggressively to build shareholder value in the weeks and months ahead and I look forward to more updates in the days ahead."
Four days later on October 10th 2014 the 10-k was filed, now is the time to buy Seaniemac International (BETS) while it is trading at historic lows and before it breaks out as new partnership and good financing is locked in. Remember month over month, quarter over quarter it's revenues are skyrocketing, it is just a matter of time before the share price corrects itself!