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Bullboard - Stock Discussion Forum Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."

TSXV:IGAM - Post Discussion

Integrity Gaming Corp. > It hurts like heck - seeing an investment drop - BUT...
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Post by Wangotango67 on Sep 17, 2015 8:13pm

It hurts like heck - seeing an investment drop - BUT...

If the SP - is this low - Then is this not the opportunity of all time for PYD ??? 
This dream team should easily recognize this chance - and not let it pass by....

- MEANING -
PYD has one heck of an opportunity right now -  to make that strategic move - and buy back a ton of shares...  It would be an amazing if they did - and if so -

200,000,000 SHARES X .05 = $10,000,000 
leaving them with a marginal 150mm outstanding.

I think the stock would do really well if  "they can produce profits" and if  "they finance a buy back share loan" - or choose to partner up - which would facilitate an equal distributionof loan costs enabling a balanced - weighted owning - between the two -

Then spread the loan over a duration of 5 year time frame - enablING them to still show quarterly profits - helping the SP  all the more - and a portion of those profits are used to pay down the 10mm loan.

Better yet - if they have 200mm shares in company possession - and if the sharebuy back allows the SP  to increase - then they could resell the shares back into the market -
Imagine if the SP - went to .25 cents?   $0.25 x 50mm shares resold =  $12,500,000.00
A SLING SHOT EFFECT - utilizing problematic shares that use to be a peoblem - transferring it into a perfect resolution.

Being an optimist - i think this situation could prove positive - ONLY - if PYD shows profits - continued profits - tweeks Integrity 1600 machines to that of Tonkawa 600 machines - which could almost 2.5 x  the EBTIDA's - and of course partner or buy back the shares - at such an opportune time - and expand into online gaming -  they need to pick it up a notch... 

Question? - is PYD - riding with MISS DAISY?
Or will they break the levy - push the pedal to the metal - get this show on the road.... ?


Just my opinion,...
Comment by ssyringa on Sep 17, 2015 8:32pm
Love your optimism Wango but there seems to be so many "IF'S ...good luck to all !!!!!
Comment by Art35 on Sep 18, 2015 8:10am
I rushed too with my .07 buys. If the Q3 come out positive we will get a spike to well over .10 (most likely). If it disappoints, it will selloff to a penny. But I think it will not disappoint as those machines are producing CASH. Yes, they are PRODUCING CASH as I write this. Shares buyback ? How ? Sell the machines and buy back shares ??? LOL
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