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Bullboard - Stock Discussion Forum 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 Discussion

Tangelo Games Corp. > Consolidation
View:
Post by Marenzio on Oct 08, 2015 1:20am

Consolidation

Just had a thought: with the number of shares issued and more issued to finance the Akamon deal, the company might consider consolidating, any comments?
Comment by lscfa on Oct 08, 2015 1:39am
Not needed to get financing done...not needed to uplist to TSX....desirable to get a Nasdaq listing, someday.....desirable to get share price to a level that attracts institutional investors.
Comment by Champ87 on Oct 16, 2015 2:34pm
What do you think would be the market reaction to a reverse split? Hope we'll get a TSX listing before Nasdaq...
Comment by TooTall00 on Oct 16, 2015 8:01pm
the reaction would be bad and there will be no reverse split.
Comment by willis888 on Oct 16, 2015 9:44pm
Lets get the train back on the tracks first.Who knows if they can even close the deal or get the money required.Maybe another extension?Pretty quiet out there.I have not heard a peep.
Comment by TooTall00 on Oct 18, 2015 1:22am
I agree with you willis. To me, this time around appears to be different and there is probably a reason why it has been so quiet. Not to say there isn't a chance of an extension but it seems to me that this aquisition will be different that the last gogng show that we all experienced. We won't know until we know and all we can do is sit tight which seems to be the same sond played over and ...more  
Comment by Bangkokboy on Oct 18, 2015 12:23pm
Was disapointed with this co, but they are turning the corner with more seasoned ppl in key positions. This is dead money for awhile, most likely rest of this year and i would not expect much until after q1 2016. They'll do whatever to close then announce some appointments. About consolidation. Not a chance, as enough negativity has been casted upon this. A potential pp will cause more neg ...more  
Comment by TooTall00 on Oct 21, 2015 12:34am
Not sure I agree with you BKBoy on the dead money. It will be until the outcome of this deal. Great buying opp. I have been buying of this dip adding to my position. If the sp doesn't move to 20 or 30 cents once its closes I will be shocked. All we can is wait to see the outcome 
Comment by Bangkokboy on Oct 21, 2015 3:05pm
I think you either misinterpreted what I said or you were not here last yr. I'm just going based on history, as it would not surprise me if this gets extended again and/or a pp is done which may cause the sp to stagnate if not decrease. It may not happen but the parameters have changed since their initial announcement. They have this, the final diwip payment and additional team members to ...more  
Comment by TooTall00 on Oct 21, 2015 11:12pm
We are on the same page. CHeck your email. I have been in this for along time my friend. Only time will tell. If it gets extended we are all screwed and hopefully we all have extra powder as this will hit bad single digits! I won't be happy about that.
Comment by Bangkokboy on Oct 22, 2015 2:47am
Glad you know the story, but I believe otherwise, since this short turn hurt will be that. The reason for my optimism is that Mr. Lanthier is a winner, as through my previous posts I mentioned how he was involved in 2 companies from the beginning and they were both very successful. And, the shifting of management really bodes well with me. IMO, 9 mil is not a lot to come up with, as I was much ...more  
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