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Bullboard - Stock Discussion Forum 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 Discussion

Tangelo Games Corp. > I ASSUME deal closing
View:
Post by amgod666 on Jan 22, 2015 10:49am

I ASSUME deal closing

will be made regardless of Jan 30. Even if they cant close it that day there will be another extension inclduing contract penalty or another way to get it financed. Imperus already invested so many time and money they cant revoke the deal anymore.

E.g. https://web.tmxmoney.com/article.php?newsid=72816089&qm_symbol=LAB:TSV this news was already issued by Imperus even they arent the legal owner so far. They wouldnt have published it under their name if they wouldnt be 100% convinced the deal will be closed
Comment by Bangkokboy on Jan 22, 2015 11:20am
I totally agree on the assumption.  AND, it is still an assumption, but let's look at what this may mean. For Imperus to put on theirs and Diwip's logo with links and so forth, I assume they would have received the approval from their own legal dept and Diwip themselves.  If this is not positive then I don't know what is.  On that same write up ...more  
Comment by hawkeyfan on Jan 22, 2015 12:47pm
I am not quite sure we can assume this is the 3rd attempt. It was horrible time of year to offer Private Placement given the time of year and Holidays,not to mention global financial declines. Also heard that Dundee was completing other deals during the time period and LAB was not maybe #1 focus or next in line. No news was released/leaked of any PP pricing duing time periods of first two ...more  
Comment by Investforever on Jan 22, 2015 1:16pm
This post has been removed in accordance with Community Policy
Comment by Bangkokboy on Jan 22, 2015 2:18pm
I concur of all you have said.  I think by me stating the 3rd time, I'm including the extensions and what not, so you're right, officially it's not 3. Oh, and I see what has happened during my lunch hour, fingers crossed..   
Comment by Marenzio on Jan 23, 2015 10:58am
All the signs point to it closing: volume, price rise, Dundee buying on the market yesterday, maybe the close will be announced earlier than Jan 30th.
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