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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 VPofFNEon Oct 12, 2016 3:49pm
45 Views
Post# 25336564

RE:RE:RE:RE:So much fabricated rubbish

RE:RE:RE:RE:So much fabricated rubbishI have to admit Keith, I'd like to know more about the debt aspect too. This is a VERY material part of the company - in fact, it's more than the entire market cap of the company. When I go to evaluate the worth of this company, I would like to know at what point does the interest rate start to ratchet down? All I know is that it goes down when the company is further de-levered. What leverage points? Debt to EBITDA? Overall debt? Debt to TNW? 

I fully agree that this debt program has to be better than the convertible debt that was hanging over the company's head. 

It would be helpful to allow an analyst access to the debt instrument details so he could provide a summary of meaningful points. 

VeeP
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