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Bullboard - Stock Discussion Forum 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 Discussion

Integrity Gaming Corp. > Found the announcement news...
View:
Post by Wangotango67 on Aug 29, 2016 12:30am

Found the announcement news...

Yes... i found the press release stating pyd's development pipeline is strong, and Macy looks forward to sharing further news in the course of the second half... oh yeah !

"This new, non-dilutive long-term loan facility delivers a number of important benefits to Poydras and to its shareholders, and positions us strongly for our next stage of growth" said Peter Macy, CEO of Poydras.

"Retiring our debentures early eliminates the risk of potential dilution from their conversion, but most importantly, this new consolidated facility will fund our next phase of growth both through the new capital it provides and the increased operating cash flow that will be available for reinvestment in the business as a result of its extended maturity.  

Our development pipeline is strong, and I look forward to sharing further news in the course of the second half of the year."

Read more at https://www.stockhouse.com/news/press-releases/2016/08/02/poydras-gaming-finance-corp-announces-30-5-million-usd-debt-refinancing#fYk0kjlfEJkU5Xy0.99

Wango ~
The A & W - acquisition - happened before Q-2 - and the Q-2  is their fiscal second half of the year right ? And in the course, of the second half - would mean - during the second half, and again... A & W - happened prior to Q-2.... So, would this mean, more good news to come?

Anyone else, care to comment ? 

Am i right or wrong ?  If i'm wrong please do excuse, but it does sound like there's more good news to come during, during, during the second half ? 


I hope i'm right... but... i guess we'll know... soon enough... were in the second half now.. lol

Cheers !

 
Comment by RegularJoe on Aug 29, 2016 11:10am
My dearest la Wango, Q2 is POydras worst performing quarter so it's only better from here. Not to mention that the new contract $2mil ebitda and A&W aquisition $1.2mil ebitda is adding $3,200,000 ebitda annually. Q3 will have some of the new monies plus start to show clean balance sheet. Q4 will have clean balance sheet and additonal ebitda then last year. Q1 will once again be out ...more  
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