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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

View:
Post by skinnybob123 on Nov 27, 2017 4:32pm

Q3

To be reported end of month. I don't expect any material news but volume has been steady both on TSXV and dark pools. This would be great timing for even a small improvement in the bottom line. Let's see!
Comment by amgod666 on Nov 28, 2017 12:00pm
didnt see any increasing user number, revenue nor profit in q2 and therefore dont expect no great change here. no wonder why i cant see any strategy nor ir, pr or anything else that would me optimistic at all bottom line: didnt see any lazier company than this before
Comment by mancer7 on Nov 30, 2017 7:41am
https://mobile.tmxmoney.com/quote/readnews/?id=6624239186680034&symbol=GEL
Comment by Champ87 on Nov 30, 2017 2:43pm
Doesn’t mean much...with the migration to Unity and no new games for a while, we couldn’t expect any growth in 2017. 2018 should start to show some improvement. Meanwhile, the important part is that there are still negociations going on for a potential transaction. The results of these discussions is what’s going to bring value to the shareholders and get Tangelo out of this hole, or not. TEC gave ...more  
Comment by Bringtherain on Nov 30, 2017 10:48pm
The value of GEL is less than the debt load.  That is the problem for TEC, as they could care less about the equity at this point.  If this is a screaming buy, then so was the Titanic an hour after striking the iceberg. TEC is trying to salvage as much of their debt as possible. Holding on to broken companies when the market is screaming higher and at new ATH's makes no sense. Take ...more  
Comment by Champ87 on Dec 01, 2017 10:35am
I understand your point and agree that the situation is not ideal. I think it will all depend on the creation of new games and new apps like they have been promising for Q1 2018. I don’t think the transition to Unity is something they had planned when they bought Diwip and Akamon, so changed the plan, but now that it’s almost behind us they will have no more excuses. I would also like more ...more  
Comment by Bangkokboy on Dec 01, 2017 12:54pm
To the poster that said the debit is worth more than the equity. NYX was the same way and looked what happened to them?