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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. > Delisting
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Comment by Champ87on Mar 20, 2018 11:39am
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Post# 27746682

RE:RE:Delisting

RE:RE:DelistingI agree delisting is a little bit exagerated right now, but if nothing happens, it could be a possibility. Unless revenue growth is exponential, they won't be able to deal with this debt load before april 2019. No consideration for shareholders right now and over a year and a half of hope of negotiations or possible transactions. Maybe something was going on behind the scenes, but I wonder if it is still the case?
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