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Bullboard - Stock Discussion Forum 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 Discussion

TRANSGAMING INC. > The selling
View:
Post by gamer96 on Apr 18, 2016 1:38pm

The selling

I think the selling (for the current N/R) is unjustified. Dennis is doing the right thing. With 68? games, the company  can 'sit at that level for now' and rethink adding at a later date. Although I feel for the employees being let go, I think they knew the writing was on the wall. Such is the nature of jobs now. They are not "careers". The timing is interesting, just before Q3 comes out. He knows that will be an issue on the conference call, as it was one of his last comments in January's call.  "to keep all his employees." He made an unpopular decision for the sake of the company.
IMO

1 Vancouver trade @ .02----7,000-----12:56:48----on 1,532,625 shares----both TD Sec (B & S)

3 of 6 trades below 0.03 on US side----on volume of 36,900
$0.0161 2,000    OTO 11:16:40
  $0.0206 500    OTO 10:29:30
  $0.0206 1,000    OTO 10:29:30
           
Comment by gamer96 on Apr 19, 2016 4:28pm
I guess some people just couldn't wait for the fins (due next week??) 64,000 of 218,428 went off today at 0.02. Hopefully now in STRONGER HANDS.   0.02 2,000 TSXV 15:59:56  001 001   0.02 34,000 TSXV 15:59:56   ...more  
Comment by illumination1 on Apr 20, 2016 2:18am
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 ...more  
Comment by gamer96 on Apr 20, 2016 8:18am
What can I (we) expect from Q3 fins/conference call???? - an update on WPT which WAS LAUNCHED at the end of Q2, Any revenue? - an update on Gametree Casino which WAS LAUNCHED  in Q3, Any revenue? - an update on Gametree Gold, which WAS LAUNCHED in Q3, Any revenue? - an update on Hopper Arcade, which WAS LAUNCHED at the end of Q3. Any revenue? - an update on the revenue from our ' ...more  
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