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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 Aug 14, 2017 5:03pm
107 Views
Post# 26580250

RE:Third eye capital

RE:Third eye capitalI agree....they also wouldn't be putting so much resources into this Unity switch-over if they were about to collapse.

Look, here's the whole trade on this....there is a BIG opportunity to make alot of money if there is even any inkling of this debit restructuring improving the balance sheet.....even if its not the best restructuring.

The thing is, is that if they do restructure some of the debt, then this $5-$6M mkt cap is completely completely completey and hugely discounted to its proper value.

Once they restructure, any fear of bankruptcy goes away, which is basically what this panicky market is doing to this stock right now....putting a fear discount on it.

If Third Eye is being supportive, then so am I.
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