Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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."


GREY:IPRSF - Post by User

Tangelo Games Corp. > Irresponsible? Unethical?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by Lendlfanon Jun 11, 2017 1:34pm
98 Views
Post# 26350245

RE:RE:RE:RE:RE:RE:RE:RE:RE:Irresponsible? Unethical?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Irresponsible? Unethical?Your math on Market Caps is way off.

If the share price gets to .06 cents with 180,000,000 shares outstanding, the Market Cap value is $10,800,000.

If the company gets bought for $30,000,000 the value of the shares would be .17 cents (rounded) ($30,000,000 / 180,000,000 shares) - (looks like you calculated 180,000,000 divided by 30,000,000)

Now, I know.... 17 cents is not great either considering the company was at .65 cents. But lets also be realistic......also people should have been averaging down their cost as this thing tumbled. If you did, you would have a cost price alot lower and a better chance at making money on this investment.


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities