Golden Matrix Group Statement From the CEO
Las Vegas, NV, July 11, 2016 (Newswire.com) - Golden Matrix Group Inc. (OTCPK: GMGI) a provider of Social Gaming Technology that recently launched its first iPhone App with multiple Social casino games. https://itunes.apple.com/us/app/lucky-panda-888-casino/id1094179903?mt=8
Brian Goodman, CEO stated that “We have remained focused on building revenue for the company, while removing the inherited debts and restructuring our operations. This new offering will add value and revenues to our existing game portfolio and in particular to our newly established distribution agreement with L.H. Information and Technology (LHIT) in Hong Kong. LHIT is one of Asia's leading Social Gaming Operators, and they provide an extensive active customer base for access to our exciting new Lucky Panda Apps. We have started earning revenue from our products.”
Mr. Goodman further stated that, “We are in process of restructuring operations, strengthening the companies balance sheet and laying a solid foundation for the roll-out of our Social gaming network into Asia, Europe and the USA. We have recently extinguished $2,693,697 of debt; we are in the process of appointing a new transfer agent that will allow DWAC capability. This transition will be complete in the short term and result in a stronger and more resilient company, poised to take advantage of further business opportunities, increasing revenues and incremental shareholder value.”
About Golden Matrix Group
Golden Galaxy Group owns Social Gaming IP and builds configurable and scalable white labeled social gaming platforms for its international customers and delivers innovation that players want. The Social Gaming IP includes tools for acquisition, retention and monetization of users. The Company's platform is unparalleled in both desktop and mobile applications. Moreover user management is optimized though its ability to accommodate both free and cost to play state of the art games.
Brett Goodman - brett@goldenmatrix.com
SOURCE: Golden Matrix Group/ www.goldenmatrix.com
Source: Goldne Matrix Group