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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 illumination1on Apr 20, 2016 2:18am
97 Views
Post# 24787335

RE:RE:The selling

RE:RE:The selling
what can you honestly expect of the financials. they are slowly improving and some things remain relatively flat however, there isn't enough monies coming in to offset the expenses and the reason the company has shed 50% of its workforce. And despite this and what is really concerning is that they are thinking of shedding the t.v. gaming part, then what would be left of the business? This is signaling its end! Sensio was in exactly the same position and it went under. It will take a miracle for this company to survive. the odds are like two or less percent for that to happen! In any case, hope that the financials are good enough for a bounce maybe some people could squeeze some more money from that. This is really ugly news. I will follow to see what happens but will avoid making any further comments unless there is a turn around here. I am not here to say I told you so or rub salt in peoples' wounds if I happen to be right. I took a massive hit on this one as I had on others that went down as well as others which I currently own and taking losses on. I'm down close to 35% overall. Liquidating shares here has allowed me some monies that will look after my brokerage requirements, wasn't my preference but needed to be done. I hope those who are having faith will be right and I wrong. Good luck to all of you. glta
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