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Tangelo Games Corp. IPRSF

"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."


GREY:IPRSF - Post by User

Comment by Champ87on May 24, 2017 11:08pm
144 Views
Post# 26280870

RE:RE:RE:RE:RE:RE:GEL

RE:RE:RE:RE:RE:RE:GELYour guess is as good as mine. I've been hearing something's brewing behind closed doors for over a year now and nothing has materialized. Even people who seemed to have some insight close to the company seem to be completely in the dark right now. But from the past couple pr and the extended delay to hear about the debt extension, I think we can affirm that they are working on some kind of deal to improve the capital structure and TEC seems to be giving them the time they need to close. Will the deal be good for current shareholders...that remains to be seen. Except for the uncertainty about the debt, this is a better structured company since Lanthier came as CEO, but if he can't pull it off it won't mean anything. Been reaching out to IR but Spyros is sticking to public info, and it's better that way. Not even sure if he knows what's going on. I doubt we can talk about a selloff yesterday, probably some sh giving up or maybe a little manipulation going on. We will stick around this level until the company clears things up about the debt. We should get Q1 numbers before the end of the month...maybe a little progression will ease things up for us. We should start seeing a little growth after over a year of synergy between Diwip and Akamon. Selling here sure doesn't make sense. Good luck!
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