RE:RE:RE:RE:RE:All This Talk About Rollback is Actually Quite Useless
from October 29, 2014 •Made a principal repayment of CA$1.1 million to BEST Funds on the CA$3.5 million in outstanding debt lowering the total debt balance to CA$2.4 million •Changed repayment terms with BEST Funds with the debt now scheduled to be repaid in full by April 30, 2016 the above piece of information, I believe supports my claim stating that the company has paid back monies borrowed voluntarily (meaning there isn't anybody chasing them for it) in advance of its due date, the second part shows that the company is acting responsibly to negotiate extended days with Best Fund to pay the remainder of the balance owing as of April 2016. So while the company hasn't fully cleared the payments it also isn't in super bad shape but has a bit of debt to take care of. the key as far as I'm concerned remains in if there will be any further pps which I don't think will be likely until the warrants of over 3 million have been exhausted and they have been extended and exercisable at .12--if the company was in rough shape those warrants would need to be cancelled/repriced with a further raise increasing the amount of dilution--so far it doesn't look like there is any intentions to do so. I believe unless otherwise done the company continues to manage its fiscal responsibilities and will use what it has to keep moving forward. At this point, I think people are just simply beating up on a stock which is fairly health and should in all likelihood continue to show economic improvement but again I am going by what I have on hand and as to what I have been seeing which is the company continues to move forward without any indications of needing to either do another raise or cancel the warrants that were recently extended. glta Read more at https://www.stockhouse.com/news/press-releases/2014/10/29/transgaming-reports-first-quarter-fiscal-2015-results#0kIFMTDzfhVfoHh2.99