Integrity Gaming Corp. V.IGAM

14 months - 217 slots to 2200+ slot machines- in 24 casino's

[Wangotango67]

Since the completion of its reverse takeover transaction on May 9, 2014, Poydras has increased the number of its revenue-generating gaming machines from 217 to over 2,200, with gaming machines across 24 casinos. The company has purchased and expects to place additional machines to bring its number of revenue-generating gaming machines to over 2,300 in the third quarter.

-  ABOUT INTEGRITY - (Poydras' new acquisition)
The Integrity companies are a leading provider of slot machines to Native American-owned casinos in Oklahoma and Texas and have been in operation since 1997. Collectively, they are one of the largest gaming equipment and bingo supply distributors in the tribal gaming market, with over 1,600 revenue-producing machines across 21 casinos and 12 tribal nations. The Integrity companies are projected to contribute $5.0-million (U.S.) to $6.0-million (U.S.) of adjusted earnings before interest, taxes, depreciation and amortization to Poydras on an annualized basis.

[ssyringa]

All these good numbers yet it's not being reflected in the share price,,, any comments as to why??? thks and GLTA

[john378]

"All these good numbers yet it's not being reflected in the share price,,, any comments as to why???"   I can only speak for myself but I know I am also speaking for many others. So far their increased revenues have only increased their bottom line losses. Revenues mean next to nothing unless they have a positive influence on the bottom line. I know it is early but you have

[biggerr]

I don't think Macy can legally promise ahead of time that the slot machines will be profitable or he could be sued if it turns out wrong. But if the new acquisitions have the same 40% profit margin as the Windy Hill then we'll be alright Windy Hill's revenue and net income for the period from January 1, 2014 to the date of acquisition on May 9, 2014 is 

[john378]

"but if the new acquisitions have the same 40% profit margin as the Windy Hill then we'll be alright" "Windy Hill's revenue and net income for the period from January 1, 2014 to the date of acquisition on May 9, 2014 is $613,347 and $237,696 respectively, which is excluded from the Company's results of operations."

[biggerr]

everything was distorted by the payments for the RTO and various subsequent purchases, we have to wait until the situation returns to normal

[simon19]

Wango, an apostrophe is not required on the word casinos. It is the plural form of casino. You don't  use an  apostrophe when talking about more than one thing, for instance dogs, cats, beers casinos. Grade 4 stuff. No offence intended, This is a pet peeve of mine.

[honda777]

If you do not like the grammar don't read it Mr. Proper. You never have anything to add but critism any way. Many school drop outs are millionaires from the stock markets. They all do not need to be Nerds like yourself, school boy. Get a life and put your apostrophe's where the sun never shines.