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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Art35on Nov 28, 2015 3:51am
93 Views
Post# 24334177

Just as expected! OUTSTANDING Q3 and fresh financing options

Just as expected! OUTSTANDING Q3 and fresh financing optionsVery good quarter

Well well well, looks like stampede has begun ! Hope to see Danny Deadlock follow this on Stockhouse soon. He recommended this a month ago or so. 
And they say on friday afternoon they release only bad news :)
Gap up on monday ? And who was the lucky one to buy some of those CHEAP
6 cents shares eh ??? Just as Art has predicted. Everything is going according to plan.
I will have a good weekend now :) Ready and loaded !
 
Now, this is VERY INTERESTING !
 
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New financing relationship with PDS Gaming
 
Subsequent to quarter-end, the company entered into a new financing relationship with PDS Gaming (PDS), a leading provider of customized financing of gaming equipment in the United States and internationally with a recently announced $150-million dedicated equipment financing facility. The initial financing for Poydras will consist of:
 
A loan package of approximately $1.0-million over four years, directly financing machines owned by the company and the company's joint venture with A&W Enterprises;
A $3.5-million loan over four years, including a one-year interest-only period, secured by the company's contract with the Tonkawa Tribe of Indians of Oklahoma.
Proceeds will be used to finance new machine deployments, working capital requirements and additional growth initiatives in the coming year.
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