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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 hintonkidon Feb 26, 2016 3:05pm
196 Views
Post# 24599792

RE:RE:RE:NEWS!

RE:RE:RE:NEWS!I should like to address the comments, made here by Truth Buster if I may.

The news was released directly from TransGaming itself.  One would think that if the company had no future and verry little in the shape of a solid foundation GOOGLE (Aphabet) would not have entered into such a business arrangement with TransGaming.  GOOGLE did not get to be the corporate power-house that it is today by making deals, with other businesses, without conducting exaustive and detailed research reguarding the entities with whom they wish to have a working relationship with and without determining, in advance, what the risk-reward benefits that a deal could mean to the GOOGLE balance sheet over a given time-frame.  In otherr words, GOOGLE is not stupid.  Obviously, GOOGLE thought it was a worthwhile pursuit  and proceded with the TransGaming deal.

As for the share-price being, presently, what it is...I would only state the following.  When one looks at the over-all state of the markets, in general, this company's share-price has been pretty stable.  If you hold any stock, in this company, then you have nothing to gripe about.  Just be thankful that you are not holding any commodity related stocks at this point in the market cycle.  It's been a blood-bath for the shareholders of those stocks.

Finally, if you were one that thought they would make a killing in the stock market trading penny stocks (small caps and micro-caps) then you obviously did not realize that these small companies can take a long time to grow and develope.  Progress is not measured in days, weeks or months but, in years and some of these companies do not make it for what ever reason but those that remain usually have a strong root system and eventually flourish.  This small-cap is going to be one of the survivors.  It is slowly building revenue from it's gaming product bases and can now add the GOOGLE deal as a new revenue producer.

This is not a pump.  It is a reality.
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