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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. > Markets up, social gaming down!
View:
Post by nervous64 on Dec 13, 2016 1:12pm

Markets up, social gaming down!

NYX, IT, GEL? All markets up, yet all these holdings are continually getting hammered. What am I missing? Although AYA is up so far today, also way undervalued.
Comment by Bangkokboy on Dec 13, 2016 4:30pm
And they'll continually get hammered.  Yes, money coming in but way too much debt, this pretty much sums up this space.  Though at least AYA and IT have made some rich in the beginning with NYX and ISIS never getting any traction from the get go.
Comment by Jpete16 on Dec 13, 2016 5:10pm
Just as a side note... Yea I get the share price has dropped but volume has been a lot higher than normal the past couple days
Comment by Marenzio on Dec 13, 2016 7:37pm
If they cannot make the payment, then surely they will be halted and ultimately delisted.  
Comment by Bangkokboy on Dec 13, 2016 8:28pm
What can be the reason for taking the penalty last year and perhaps this year as well?  Nothing of substance happened this year to make one believe they needed that cash for something else. Don't want to sound negative but this company will be in trouble if this happens again and it's showing in the recent trading.  What are we talking about, 13 million or so? I'm hoping ...more  
Comment by willis888 on Dec 13, 2016 11:33pm
Marenzio,not making a payment has nothing to do with the listing of a stock.I am absolutely pissed at the incompetence lanthier has shown to date.the lack of his interest to own the stock.his inflated salary to run a junior stock but put that aside,they mentioned that they are working with tec.They are not going to make the payment by the end of the month in my view but TEC will extend but I say ...more  
Comment by TooTall00 on Dec 14, 2016 1:47am
I think at this point we should expect a colassal f up , the stock price tanking further and if by chance something positive happens then great. This feels like Diwip all over again, be prepared for an extension annouced because we are going into xmas just like diwip. IMO