TRANSGAMING INC. V.TNG

For those who are interested...

[DRMacLachlan]

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.
 

[TJECON]

Thanks for sharing....

[PennyStoc]

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[johnnyryan]

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[Syngut]

If that gives you enough confidence then I am happy for you. Thank you for sharing that.

[PennyStoc]

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[BrentH]

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.

[TheWolfOfBaySt]

JF Dube only mentioned Samsung and not Toshiba. Why?? He also seems pissed.    Maybe if the Samsung agreement announcement would have included a sentence such as "Transgaming has no control as to when Samsung will actually feature ads in GameTree TV", then perhaps the market would have reacted differently. Perhaps the share price would have never reached $0.55

[PennyStoc]

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[CH4RTQU4NT]

If I'm a shareholder I don't want to hear this BS from my CEO. This is coming from a guy who told shareholders "now is the best time to buy" when it was trading in the .30's only so he could dump millions of shares into volume right before announcing a PP. Credibility shot. And he's one to say the current trend is irrelevant? Yeah, after he sold. Pure arrogance. "

[Gaughin1]

Who cares? Next week. Takeover announcement. $$$ Greggy

[mbbttfb]

There's no takeover coming banx. 

[CH4RTQU4NT]

Forgive me Gaughin, we were lost without picasso... but you have been reborn, and once again your taut brush strokes arouse my soul.  Thanks Greggy

[dpoc]

Davey mee bhoy, I respect you for your frankness and honesty. As CEO, I would have sent Dubé packing years ago. He comes real cheap to TNG. No doubt a buddy of Louis Plourde and a part of the original investors I call the French-Canadian Connection. His spin about exciting developments in 2014 has been unchanged since 2006. Remember that the SP is 15% below the IPO price of $0.20. The fact

[shawshank]

That is the goal-accountability in the IR food chain and who was invited the odd time to an info buffett...which I gather from the email campaigns you participated in- from a dedicated insurgent from this thread? included you Dpoc...included you...so continue to bite your nose to spite your face-it ain't lost in me at all...it never was. SS

[dpoc]

Dave, This is the sort of thing that can happen when a CEO shoots his mouth off to the detriment of the people who own the company, the shareholders. All the while selling. Simply unconscionable! https://finance.yahoo.com/news/morganti-legal-p-c-announces-120000345.html?soc_src=mediacontentsharebuttons

[shawshank]

DpocMarks: Yeah...your a long suffering long alright...got us all convinced...suffering being key. SS