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TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."


TSXV:TNG - Post by User

Comment by vulturecapitalon Nov 25, 2015 7:44pm
108 Views
Post# 24326362

RE:Raising cash here

RE:Raising cash hereI think they are going to have to do some more significant cost cutting soon as well; they are between a rock and a hard place. They need to cut their quarterly burn rate down to half of what it currently is to match revenue, but there isn't much left to cut other than personnel. Whether or not they could limp along with half their current staff, I don't know.
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