RE:RE:RE:RE:Take over statementdpoc wrote: Every new financing is just to pay salaries - this is how the venture exchange rolls.
Nicely stated AB_ORT. Gupta has been playing the game for almost nine years. That's the reason, Transgaming will never move to the TSX with it's much higher level of scrutiny.
Many successful companies play the exact same "game". So that's not the reason for TransGaming being unsucessful. It's fine to use venture capital just to pay salaries, iff they're creating new products that will result in growth.