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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

Bullboard Posts
Comment by dpocon Nov 29, 2011 12:20am
181 Views
Post# 19273288

RE: Here it is......

RE: Here it is...... When the complete earnings report becomes available at Sedar.com which it wasn't at the time of the news release, I'll take a look and make a comment. Judging from the highlights, a 2% growth in quarterly revenue from a year ago is representative of a micro penny stock. Forget the spin. Let the numbers when available, speak for themselves. How fast is the 'cash burn?' Less than a million dollars a quarter in revenue minus much greater costs begs a lot of questions. Can this company continue to pay their bills with this kind of revenue. Don't think so! The trouble with investing in start-up video game companies is the fact that the ground is always shifting in this industry. Little guys like TNG need a very big brother to help them along. Intel was just that until they fully understood the inherent dangers and said adieu.
Bullboard Posts