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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

Comment by Teflon2Hypeon Jun 23, 2017 3:46pm
99 Views
Post# 26399610

RE:RE:RE:12 million Can market cap

RE:RE:RE:12 million Can market cap"Book Value was .55 until Q4 decimated it to .26"

I believe you are quoting Shareholder Equity and not Book Value. BV does not include intangibles whereas SE does.If you subtract the $9 million they have given themselves as intangibles you will find their real world BV is a negative number. Simply put, their liabilities exceed their tangible assets
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