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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

Comment by KeithORichardson Oct 12, 2016 1:19pm
78 Views
Post# 25335777

RE:RE:RE:So much fabricated rubbish

RE:RE:RE:So much fabricated rubbish
Teflon2Hype wrote:

I sincerely look forward to your response.


Poydras will be providing more detail in the Q3 release and probably the annual as well. I've already addressed the fact that the lender is able to preclude them from releasing the whole agreement.

As for your contention that not releasing the whole agreement, or significant details, is "unheard of," first of all that's a meaningless statement - how would that be proven? Second, it happens. One example - look at the terms disclosed by North American Palladium in their press release of Dec. 21, 2015. [https://www.napalladium.com/investors/news-releases/news-release-details/2015/North-American-Palladium-Announces-Extension-of-Credit-Facility-and-US25-Million-Debt-Financing-from-Brookfield/default.aspx].

They never posted detailed conditions of the facility, the covenants, etc. on SEDAR. If however I'm wrong I'll gladly apologize and take my lumps. I'm like that when I'm wrong.

Everyone note that in our meetings last week in Toronto, none of the current major equity holders had any questions about the timing of the financing, the use of the financing, or the terms attached. And these are people with more than 30+ years successful investing experience - whose names I know. I don't know who you are, T2H.

T2H, you have accussed me of being biased, as I am compensated by the company. What is your bias based on? Because you obviously have one. Of the 1,500+ Venture listed companies, you regularly post on only around 6 or 7 names. Why? 

I thought your post of October 15th, 2015 that read "This is my last post, good luck" was . . . well, just that.

What is your bias?
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