TRANSGAMING INC. V.TNG

Financials and Swiftshader

[gamer96]

Q3 financials available on SEDAR
"https://www.sedar.com/FindCompanyDocuments.do"

Quick Highlights
Company sold swiftshader this quarter for $1.25M US
Cut 9 month expenses by OVER $1M
9 month Revenue down $570K in US/Canada (switch over for DISH)
9 month Revenue up $130K Europe and Other

[stillbob]

The way I read it they sold Swiftshader AFTER the 3rd quarter ended. That's $1.25 million they've got now from that. That should be enough to get them through the next quarter. The problem here is revenue. They need to offer a better product.  They can't afford to buy a better product or develop one themselves so they should partner up with somebody that CAN offer a better

[gamer96]

You're right, it was AFTER the Q3. The way I wrote it, "this quarter", I see how you could think I meant "in the quarter (Q3) which is being "reported".   Sorry about that.

[whippet]

i invite everybody to go read the MD&A posted on Sedar. bottomline: Still not happy with the results for Q3 but i understand that with the delays at Dish we get hurt. Also a little disapointed with the price we got from the sale of swiftshader.... but we get US 1.25M or about 1.6M cdn. With the cost reduction announced and the cash in hand, we are well positionned to move forward. I believe