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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 Feb 11, 2016 7:47am
42 Views
Post# 24546828

57 days till q-4 release...

57 days till q-4 release... Trading days that is - ha ha  !

- On another note -
What i tend to think is this -
PYD will always be trying to acquire contracts  - 

In the beginning - each contract will always be attached to some sort of partnership and debt -
Its the ability not to look at the intital debt - but look at how long the contract is - and how much potential in revenues are to be made per each contract.

Remember its about - partnerships-  contracts - how long the term - and how much to pay off and how much revenues over the extent of the contract.

So - this is why i look at how much profit there is to be made - vs - looking at what it cost to get the contract.

Soon - hopefully soon -  pyd will not have to partner - all because thier profits will eventually - increase - and they'll be able to fund themselves..... for each new contract....

PYD's revenues are begining to snowball - and if they keep this rtorrent pace of advancing - and reinvesting - and with each quarter continue to  advance - i don't think it will take long to see pyd take it to the self funding stage....


1 - first it was use shares to fund the contracts and acquisitions - shares launched the show and served its purpose -

2 - were at the partnership funding - which is still advancing - with no dilution -

3 - its abot earning enough to fund self - soon i think we'll see pyd start funding themselves organically with they;'re own capital,.

What i'd like to see - is pyd utilize the slightly used slots - still warrantied and under a maintenace free contract - and as so - and reduce the pay off time down even more - shaving off maybe a year or two - and paying off the slots in half the time they have now.... Maybe even in 1 year..... that is a great target for pyd to shoot for - and would certainly capture more investor interest....

Ultimately its getting to the stage of self funding - where each quarter has enough capital to acquire new contracts every three months.. that would be amazing - and i can see it happening - if the momentum continues to push forward ....

the longer the wait for this press release - pertaining to the 1 million - 3.5 million - and q-4 profits-  i guess i find it exciting - to wonder what pyd will do with their next move - this wait period - makes me thnik - thry might do something big-  ?  Hope so -


Cheers !

Go pyd.....

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