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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

Post by Synguton Jan 16, 2014 10:11pm
234 Views
Post# 22101974

Sell the company or see this through?

Sell the company or see this through?In 2012, Sony bought out Gaikai for what many say was a steal for 380 million! Flickr in 2005 sold to Yahoo for 35 million and Instagram sold to Facebook for 1 billion dollars in 2012, both photo sharing sites. Snapchat recently turned down 3 billion! Although long term prospects look really good for Transgaming, you can't help but wonder with the money being thrown around, if the temptation to give in to the almighty dollar is too alluring. They are in a favourable position with the contracts signed, unlike Gaikai who had revenue issues. Either way, I think Transgaming investors are in a win/win scenerio.
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