RE:Great job, you've talked this one down from 7 to 3 cents now
don't know if you are talking to me and if you are have a look at egt--151 million outstanding shares low of .06 now at .13. still less outstanding shares here, stronger balance sheet from what I understand yet trading less than half!!! Now you tell me, wouldn't this be a good buy and hold and with a potential to get back up? Yes, there are risks and things are contingent upon revenue as well as what people are correctly pointing out cost cutting. The question, why did this company go to Israel as per the article,--hmmm is it part of cost cutting while working with a very highly qualified workforce. Tng could stay in Canada--it is from my understanding based in Ontario and could easily move to Canada's hotbed of tech firms (industry) in Vancouver but it isn't went to Israel--most likely because they can achieve more bang for the buck. Ensing may even have Jewish roots I don't know would need to do a search on the last name but he does look Jewish to me. In any case, Israel is an excellent choice as would Romania from what I have been hearing in terms of gaming and media and most likely at fraction of anywhere else like Vancouver. I honestly don't care if this goes down like you are saying--why because I don't have a short term vision here--this goes down fantastic I will buy a lot more than when this goes up and averaging up and really itching to do so in the New Year. Still see this as a potential .25 over time--within a year who knows, but I do believe .15 is quite viable yet. .20 is stretching a bit but still not outside the realm of possibilities. Like I said before and I still say right now this is one I am willing to bet on! The risk to reward ratio over the longer term is as far as I am concerned fairly low for where we are trading and despite if this goes down I still see an overall upward trajectory based on selling off parts of our assets, adapting to the evolving tech environment, targeting the smart t.v.'s which from other investments that I have know is still growing and look promising overall. But hey, say and do what you like that's cool! I humbly disagree with your overall perspective over the longer term--however, only time and developments will truly tell--dilution let's see if burn rate is high without more incoming revenue/contract yes likely but again only time will tell. glta glta