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Tangelo Games Corp. IPRSF

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Comment by lscfaon Jan 10, 2015 2:38pm
150 Views
Post# 23305767

RE:Some Proforma Numbers

RE:Some Proforma NumbersUpdated for latest developments.


57,267,692 shs
12,042,467 wts
5,226,747 options
74,536,906 total diluted shs.
28,571,428 to diwip ($10 million @ $0.35)
57,142,857 new shs. ($20 million @ $0.35)
28,571,428 new wts
188,822,619 total
 
 
$12,888,630 us diwip earnings
$14,693,038 Cdn.
$4,800,000 interest on $40 mil x 12%
$9,893,038
 
Eps = $0.052
P/E of 20x = $1.05 share price


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