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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. > I would rather...
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Comment by Seadooxp1on Sep 06, 2018 12:16am
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Post# 28570044

RE:RE:RE:RE:RE:I would rather...

RE:RE:RE:RE:RE:I would rather...
Why would you not force TEC to sweeten the offer and accept their first pass?  Seems like everyone forgot that Tangelo paid $20 to $25 Mil to TEC.  It would be interesting to note how much of the debt is fees, extensions, etc.

Plus, the note isn't due until April of next year and I'm assuming there is significant risk/cost with calling the note at that time.  Doesn't it seem fishy they want to expedite and close 10 days after the vote!!!!

Freelunch - you seem to have a good handle on this.  Am I off base?

Also, I didn't see Q2 numbers - did I miss them or are they somehow not needing to provide
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