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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. > Q2 out this month... any ideas?
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Comment by Lendlfanon Aug 30, 2017 3:15am
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Post# 26635714

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q2 out this month... any ideas?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q2 out this month... any ideas?I do like the fact they lost less money than last year. Cost cutting has been working.

I believe that any 3rd party that would want to take an equity stake to save their a$$es, or outright buy them, would want the company to cut unecessary costs before any acquisition was made. It just makes sense. 

Stock price is at a bottom here. Nothing in this ER report puts any more fear into the market. Nobody is selling anymore and potential growth is on the horizon with Unity platform and new original type slots. 

The wild card is the equity stake/partnership etc. deal, and I think something on that will happen soon. Social gaming/casino apps are still hot and a gambling userbase is worth money. 

Just my opinion but I think the stock price moves up from here over the next few days to few weeks. The bottom is in, it seems.



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