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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 hawkeyfanon Jun 19, 2015 11:28pm
99 Views
Post# 23851271

RE:RE:RE:RE:News Flow

RE:RE:RE:RE:News FlowWillis888 if you read what I wrote I said upwards of a $100 MIll, I didnt say it was $100 Mill takeout... Diwip principals got $50 MIll minimum with $40 Mill in cash and $10 MIll in shares and the rest wass based on future targets and/or milestanes. As of today Stockhouse shows company valuation of just over $48 Mill.. that's less than the $50 Mill guaranteed acquisition costs paid for Diwip and to make matters even worse, Imperus had almost $10 Mill in cash at end of 1st quarter... All I am saying is $65 Mill was put in by smart people in the last 6 months....be patient.. it was a round about way of incinuating scenarios you are suggesting might happen.... there is more to the story and we should be patient and trust in the big boys who invested... both with financing and PP..
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