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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

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Post by user46 on Dec 01, 2017 6:59am

2018

What ever happened with the debt since 2015 is the past. Now a little look in the present. The change from flash to Unity costed a lot of money. But if you take a look at the present market cap, is it really the real valuation of this company? In February the outstanding shares will passed from 180m shares to 140m shares. At 3c, this stock is undervalued if their costs are essentially flat in Q4.
Comment by amgod666 on Dec 01, 2017 7:55am
well...transition to unitiy is one thing (in my eyes it's only diversionary tactic). the truth is that user number didnt increase, it's stuck since years. Diwip (if I believe their marketing files when they got bought by Isis) was running perfectly, earning money, large and increasing user base. Since it was bought I cant see any development there, nearly no new apps, nothing exciting ...more  
Comment by willis888 on Dec 01, 2017 9:58am
we have been transitioning to mobile.Once they get that right,The users will grow substantially