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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

Post by JaxTelleron Jun 30, 2015 12:44pm
147 Views
Post# 23881429

Current Events

Current Events1) Stackhouse is short (maybe in his mind). Numbers do not lie and as of June 15th only about
40 000 sh. were short on 168MM shares outstanding. So please put it to rest once and for all.

2) Q2 will be much better in my opinion given that 3 months of revenue will be booked in.

3) Analysts will have to follow and support the name given that they took part in the financing, that's capital markets 101.

4) If a take-over announcement is eminent and the deal is a stud, we will see this get proped up to a level that's a lot higher than initial financing to minimise the dilution on exsiting shareholders.

5) Total Volume on the downside since April 24th to today has been about 25MM Vs 33MM on the upside from April1st to April 23rd.

6) Bottom line: They have to deliver growth organically + by aquisition without too much dilution. If current management can deliver this over the coming quarters, this is a 100MM cap easily in my opinion.

7) I think Diwip management is also very well aligned to make sure their warrants + 1 and 2 year Milestones are met.

As with everything, we shall see.

J.
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