Bullboard - Stock Discussion Forum TRANSGAMING INC. V.TNG

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

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TRANSGAMING INC. > Revenue Stream

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Post by HeyIrish on Jan 08, 2014 12:39pm

Revenue Stream

I've been trading this one for two days and still don't undersand the revenue stream. Does anyone know what kind of revenue can they expect per T.V. and how many TV's are they currently involed with? According to Forbes the though 87 million smart TV"s would be sold in 2013. and that 67 million were sold in 2013. Thats 154,000,000 smart TV's in two years. If TNG made an average of fifty cents per set that would be $77,000,000 per year. Which would make the MC $36,550,000 at current trading price of .43 cents very low.

It looks good but I don't understand the revenue stream?

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Comment by lscfa on Jan 08, 2014 1:46pm

From TNG's latest MD&A: "The Company’s GameTree TV platform has been licensed successfully to date across a range of devices. In May 2013 GameTree TV content was deployed on AT&T’s uVerse platform where it has enjoyed steady subscriber growth. In December 2012 GameTree TV was migrated to a subscription only model on Free. Since then it has been adding net new subscribers at a rate ...more

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