Tangelo Games Corp. IPRSF

update

[willis888]

well they put out an ho hum update but how about putting some numbers with it.I see they still are hiring.Last job post was October 4.There is no way that Tec and tangelo are not working to fix the debt issue.Tec should have closed on us by now.I think they need us just as much to get themselves out of the whole they are in.Whole loan is due jan 2018 and will all have to be refinanced.need a better interest rate to start with.

[HobbyDigger2]

Hi Willis, if so we´ ll see more share dilution. There re already  Total Shares: 180,668,880 fd. so what do you think  when next  R/S  will be due ??  I don´t hope so but for me it´s very uncertain. :-))

[Lendlfan]

Reverse splits aren't necessarily bad for a stock. I've seen many US stocks recently announce 10 for 1 reverse splits and the stocks jumped 300-400% .... Less supply of shares floating around means way higher prices IF demand comes in for the stock....(like if their debt problem gets sorted out or some nice revenue growth comes in) And then poor GeraldH will have to go back on the

[HobbyDigger2]

Hi Lendlfan,  right, lot of the rose after R/S  but as of my 12 year experiance that happens only with the nice income say a positive eps  strategy  in connection with the right time for the market. So GEL is out of any positive eps ( for long )  I can´t  follow you regarding higher valuation time beeing. May change in the future. Hopefully . :-))

[Lendlfan]

I see your point, but one could look to many of the Shipping stocks in the US that have done R/S recently and they are NOT making money but losing a ton....yet some shipper stocks have soared after the R/S. We just need a catalyst event to get this going...i.e. debt deal or a nice equity stake. Even if we get dilution....as long as the debt issue overhang is out of the way....I think we'll

[skinnybob123]

I very much agree with Lendifan. The company is extremely undervalued. Market cap of 5 million a company that does 40 mil a year in revenue and 10-12mil in EBITDA. TEC is obviously milking the **** out of this deal. 12% interest, penalty fees, warrants issued. But they certainly didn't lend 86million without doing their due diligence. This thing isn't going down. ive loaded up in the

[Bangkokboy]

Sensible post.  Also I liked what ISCFA had pointed out that even companies with large amounts of debt that is still bringing in good revs are being taken out at a nice premium like NYX. Though I see that deal is on the rails..

[HobbyDigger2]

Hi Lendl, please watch your inbox .  HD

[willis888]

still not sure why they are not putting out some forecasted revenue numbers with these new apps that Vicent says "We are making some bets on these platforms and hope to have more to announce soon".Its now mid November,where are the new individual slots games?? lets see if they even come close to being on time.

[amgod666]

I own this crrrap since this company was set up and they NEVER had any useful PR