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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. > Delisting
View:
Post by Marenzio on Mar 19, 2018 8:35pm

Delisting

It seems just a matter of a short time until this is halted and delisted, the company is insolvent!
Comment by willis888 on Mar 20, 2018 10:48am
Delisting...that's a good one!Tell how you come to this theory? The company makes about 40 million a year,is hiring and putting out new apps.They have never missed their listing requirements. TEC is the only one that can cause harm.They could put us into bankruptcy ,but why haven't they?Why are they still Paying lanthier 400K a year?Something is going on behind the scene.
Comment by Champ87 on Mar 20, 2018 11:39am
I agree delisting is a little bit exagerated right now, but if nothing happens, it could be a possibility. Unless revenue growth is exponential, they won't be able to deal with this debt load before april 2019. No consideration for shareholders right now and over a year and a half of hope of negotiations or possible transactions. Maybe something was going on behind the scenes, but I wonder if ...more  
Comment by nervous64 on Mar 20, 2018 12:31pm
Delisting is a little extreme at this point.  Where is management?  Radio silence!  Where is Spyro?  Radio silence!  $3.6M market cap is a joke!  Been hearing about deals, mergers, takeovers for 2 years, management could not get it done.  Question is why?  Other companies getting bought out.  Why not GEL?  Is TEC blocking deals?  Are ...more  
Comment by Champ87 on Mar 20, 2018 12:38pm
Spyros is answering. He's the only one in this company who seems to care about shareholders. Can't disclose non public info if he has any I think that's understandable. All members of TEC or Tangelo's management are hiding behind him...
Comment by GeraldH on Mar 20, 2018 1:47pm
DELISTING sounds about right! But first I shall cover before you delist. Hopeful for a delist because this can easliy go to .004 prior to removal. GLTA!!!!
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