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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. > Conference Call
View:
Post by RegularJoe on May 24, 2017 11:01pm

Conference Call

That conference call was one of concern. Management offered no reason for stagnation and could not offer machine protection for 2017! Rather they know something we don't or they have given up! I wish I got out at .73 with everyone else
Comment by Riverfolk on May 25, 2017 2:12pm
The call was very straight forward and to the point! Quarter after Quarter consistently proving numbers! The debt is coming down quarter after Quarter and now we need stronger growth to go along with that
Comment by Teflon2Hype on May 25, 2017 7:24pm
Riverfolk, a little lesson about business. When a company is losing money and has reserves to draw on from a LOC but yet the creditor of that LOC wants you to use your dwindling remaining cash to pay down the principal somewhat, then you know the creditor is getting very nervous about the present situation. You also should know that means that either the company will be once again be coming for ...more  
Comment by VPofFNE on May 30, 2017 1:47pm
I'm sensing another virtual Timmies coffee bet coming up here Teflon! What do you say? How about a tiebreker? I say no equity financing in 2017, you say there will be. Deal? VeeP
Comment by Teflon2Hype on May 30, 2017 8:44pm
"I say no equity financing in 2017, you say there will be. Deal?" I can not go that narrow. I am not saying that there will be an equity financing, I am saying under the present state of affairs, something has to give in 2017 and that is one of the options. Now if you care for Timmy's gentleman's bet on status quo or not for the rest of 2017 then I good with that as soon as we ...more  
Comment by Teflon2Hype on May 30, 2017 8:50pm
Sorry about the choppy post. Busy with too many things at the moment
Comment by VPofFNE on May 31, 2017 10:29am
"At the present moment, any equity raise or any sale, forfeiture or any form of revenue split of any part of the company to any party would define that line for me." Yah, I can't bet against that. I'm pretty sure we'll see one of the following: 1) Go private transaction 2) A merger with another entity 3) An outright sale 4) Significant management change VeeP
Comment by Riverfolk on Apr 29, 2018 11:26pm
Looks like option 4, they must have taken the year trying the first 3 options 
Comment by Allah_says_BUY on Jun 02, 2017 4:32pm
Check pages 23 and 24 of the Information Circular for the Annual Meeting. It says they want to do a 15 to 1 share consolidation (after the previous 10 for 1 a few months ago) in order to "satisfy the company's financing requirements and attract new equity into the company". This thing should tank after the next roll-up puts it to approximately $7.50 and most of us have virtually no ...more  
Comment by lscfa on Jun 02, 2017 7:33pm
Wrong..the stock is actually up since the last 1:10 rollback..... $0.04 May1/16.... $0.40 May 2/16.... $0.46 Jun 2/17
Comment by fracker on Jun 03, 2017 12:44am
Wrong ..the stock is actually up since the last 1:10 rollback.... $.04 May 1/16.... $.40 May 2/16.... Are you for real???? Say you owned 10,000 shares @ .04 on May 01/17 -- Value $400.00 1:10 Rollback --- You now own 1,000 shares @ $.40 -- Value $400.00 ROTFLMAO @ U
Comment by lscfa on Jun 03, 2017 1:05am
Dumbass, the real comparison is $0.40 on May 2 vs $0.46 today...the stock is up since the rollback......
Comment by fracker on Jun 03, 2017 6:43pm
ISCFA.. On January 27/17 the share price opened at .66 cents.... On June 02/17 Last Friday, the share price closed at .46 cents... DOWN .20 cents a share since the end of January, HOW MUCH IS YOUR PORTFOLIO WORTH NOW....LMAO @ U LOSER And now another reverse split --- Your 10,000 share diluted 10:1 before gave you 1,000 shares - now another dilution 15:1 will leave you with about 67 shares.... The ...more  
Comment by lscfa on Jun 03, 2017 8:58pm
the reverse split is not the cause of the share price rise and fall over the last year, developments in the business are....rollbacks are neutral events, dumbass....
Comment by fracker on Jun 03, 2017 10:29pm
iscfa... wrote: rollbacks are neutral events!!!!! Stop chewing those brownies....most rollbacks are done because the company has no cash and want to raise money. Checkpage 13 of the report:  Table of compensation... Peter Macy 275,631 (2016)  Daniel Davila 213,848 (2016)  and others paid over 150,000 dollars (2016) --- Why are they getting paid so well when the company has money ...more  
Comment by lscfa on Jun 04, 2017 1:35am
Dumbass, distinguish between rollbacks by co.s in decline and rollbacks by co.s that are growing....
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