Spoke to IR about CASH! Here is an email I sent to IR - I deleted my last name.
Transgaming sees increase revenue in Q2 already, and, the company is in comfortable position cash wise.
We're not looking at raising money. The cash position should be be close to au/31 numbers.
Regards.
JF
Le 2014-11-26 à 13:28, , Kalvin a écrit :
Hi There,
I wanted to inquire what the cash position currently held with the company is. I am hearing rumors that there is not enough cash to last another Quarter and the company will have to either raise cash in the near future or go belly up. Can you shed some light on this for me. I have been a long time investor in the organization and have roughly 500,000 shares held in various registered and non registered accounts.
Additionally, as revenue as decreased over the last few quarters when does TNG see revenues increasing, especially from the partnership deals they have signed in the past.
Thanks,
Kalvin
GLTA IMO