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TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."


TSXV:TNG - Post by User

Comment by BrentHon Apr 04, 2014 1:31pm
122 Views
Post# 22412666

RE:For those who are interested...

RE:For those who are interested...
DRMacLachlan wrote: I e-mailed IR last night.  Here's what I wrote and here's the response I got:

Hi J-F Dube,
 My name is David MacLachlan.  I started accumulating shares of TNG back in January, 2014, when partnerships with Samsung and Toshiba were announced.  I continued to average down as the stock price plummeted and here we are at $.165.  This is extremely upsetting given the optimism expressed by Gupta in the interview following the news on partnerships.  It just seems like Gupta hasn't done a thing to support the stock price.  Can you shed some light as to what I can expect as 2014 unfolds?  What's in the pipeline?  Why did Gupta mention that "if there ever was a time to invest in TNG, now is the time" when all I've seen is a depleting stock price?  What makes Gupta say that "the future is irresistible?"  Why should I stay invested in TNG?  I appreciate your time and look forward to hearing back from you.

David MacLachlan



Response:

I can't be responsible for the share price melt down, nor for the excitement that Samsung has provided in January.
But I can tell you that Transgaming is currently working on very exciting projects on different fronts. If you don't have to sell, the current trend is irrelevant. We should see some interesting developments in 2014.

 




Thanks for sharing, it's great to have little tidbits of info like this, thanks again. I do view the current trend being irrelevant IF there is a breakthrough development... unfortunatley it sucks for anyone that has a big position above current sp where nerves kick in...  but it's a great entry for a speculative small position that could have a great reward.
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