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Tangelo Games Corp. IPRSF

"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

Comment by Lendlfanon May 04, 2017 3:42am
102 Views
Post# 26201569

RE:RE:RE:RE:Since we have time here, prediction on potential take out?

RE:RE:RE:RE:Since we have time here, prediction on potential take out?Not necessarily.....because if 1 company offers only 11 or 12 cents, whose to say that Tangelo doesn't pitch the sale to another company that may offer 15 cents, and then a small bidding war between a few companies start.

They are most likely not talking with only one potential suitor...it may be multiple and all of them may be interested and willing to pay various amounts of money for the company.
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