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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Wangotango67on Nov 11, 2015 2:36am
61 Views
Post# 24279988

SHAREHOLDER - CONFIDENCE - I WOULD SAY...

SHAREHOLDER - CONFIDENCE - I WOULD SAY...Remember - months ago - several posters on the board were talking about the share offering and the infamous 4 month wait time - I will say such posts were quite interesting to read - knowing what other traders had to say - and of course - the enthusiasm that ran rampant on the board - especially when everyone was enthrawlled about - the what if - and the when the numerous shares would be released - back into the markets - You know - the .07 cent private placement shares -

Well - surely it must be past the 4 month wait time - right? And i don't see no mass exodus - so therefore it could mean many things - or does it mean - the stock is placed sub this .07 cent threshhold - with some sort of invisable heavy hand and therefore - it explains the reason as to why very few shares have been sold. As in - no one wants to sell at a loss?

I'll let you decide such an annomaly - Sure makes one wonder why this stock is priced sub below its original offering - theres a fury of shares that im sure want some action - you would think the stock would be better off placed at 2 - 3 cent over the .07 cent offering - would this not stir the pool of shares far more ? There's smarts and then theres - the aspect of who the hell knows -

But then again - perhaps once Q3 is unleased - the bulls will be let loose to tear up a storm. Crossed fingers - and hoping - its a better than expected - higher than expected - Q3 - and if it is - then chances are - this stock could see some heavy trading - but in time - time will reveal all. Who knows... but sooner or later - if pyd is swimming in success -the stock will have to go up.... Im hoping pyd's next contract or big news or acquisition has it secured prior - with a news release stating what they want - then days later announcing the securing - yes... such back to back news is better for shareholders and stocks .

So - recap - No heavy volme trading - even after the 4 month hold - which i'm pretty sure has come and gone right ? LET ME KNOW IF IM WRONG - So does this imply some sort of shareholder confidence or some sort of wierd annomally ? I would say that's for you to decide.

HERE'S A CAPTION FROM THE- FORMER NEWS RELEASE - ON PRIVATE SHARE OFFERINGS AND THEIR RELEASE DATE -

Poydras Gaming Finance Corp. Closes Oversubscribed Private Placement Financing

V.PYD

Proceeds enable full funding of Tonkawa 600 machine placement agreement

MILL VALLEY, CA, April 30, 2015 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) ("Poydras," "PGFC," or the "Company") has completed its previously announced non-brokered private placement (see News Release dated April 14, 2014), effective April 29, 2015. Poydras issued 66,073,284 common shares at C$0.07 per share, raising C$4.6 million in gross proceeds, a 3% increase over the original financing target of C$4.5 million.

All shares issued in connection with the private placement are subject to a statutory four-month hold from the date of issuance. Net proceeds from the private placement will be used to fund the Company's 600 machine placement with the Tonkawa Tribe of Indians of Oklahoma


Read more at https://www.stockhouse.com/news/press-releases/2015/04/30/poydras-gaming-finance-corp-closes-oversubscribed-private-placement-financing#T6rDoFDFK0Qk5Tup.99
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