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Tangelo Games Corp. IPRSF

Technology Electronic Gaming & Multimedia
"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Tangelo Games Corp. > Lab is still cheap compared to AYA and IT
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Comment by Leafs007on Nov 28, 2014 12:14pm
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Post# 23174189

RE:RE:RE:RE:Lab is still cheap compared to AYA and IT

RE:RE:RE:RE:Lab is still cheap compared to AYA and ITWow!  defensive are we?  Probably a pumper.  Any how....

According to latest finance, Aug 25, Lab has $1.4 M cash and no/little revenue.  Where will cash come from for $100?  My bet is on selling shares and coupled with debt financing.  I'll believe it when I see it.  Personally, I'll wait to see when/if the deal closes and how much dilution there are and at what price before deciding to dip in.  I've seen this type of deal before, I prefer to wait to see where things fall.
Good luck to you though!

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