Tangelo Games Corp. IPRSF

Technology Electronic Gaming & Multimedia

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."

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Tangelo Games Corp. > Op & Info

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Comment by lscfaon Dec 13, 2016 12:52pm

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Post# 25592648

RE:RE:RE:RE:Op & Info

TEC is not your typical lender.....it may switch hats and go into private equity mode, make a going private offer for say $0.15, and basically steal the company from shareholders......then after a couple of years go public again for $1.00 per share.....

Bangkokboy wrote: Ppl have lost faith as almost a mil traded at an all time low.

Expecting them to announce another arrangement with TEC for another penalty..

Since this happened last year and we thought something was in the works and nothing materilaized it appears they're in trouble to make payment rather than using those funds for something else.

Hate that jerk 0ff Gerald but appears he's getting the last laugh here.

G_d forbid they do a consolidation as why would this not tread lower with the negative sentiment the company is showing.

No wonder there was indication that this was on the selling block, at almost 40 mil coming in and they still cannot pay the debt? What are they doing?

Come one company, surprise us?