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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. > Hey guys....
View:
Post by Wangotango67 on Mar 23, 2016 10:55pm

Hey guys....

I will admit - i too am uncertain - it is scary - sunk a lot of money in this one - and i don't know how the system really works -

When and if it rolls - how do we even get to the TSX -  does pyd have to apply - does it take time -- do they have to be approved ? 

Will it cost money - more money to be listed on the TSX - ?  I thought we had to be at a dollar to be listed on the TSX ?

When others say pyd can be offered to institutional investors or marketed - how do they do that - who does that - ?

And - i understand mutual funds - like whats sold at a bank - a group of stocks put into a fund - would pyd be like that - or how would they be sold to others ?  I don't quite understand how that works - as in - will they be placed on a list - and advertised to other investors as a most likely with most potential ? 

Also - what would the new appraisal be - or valuation - based on so little shares out after the reverse ?

I wish someone would do the math - a guesstimate - to p;rovide a lil piece of mind - 
If the new share count will be around 34.5  million - and a 10 million EBITDA - 2016 - AND POTENTIAL OTHER CONTRACTS - whatcould the new price target be estimated at  ?

Also - i thought a year was a long time - lol - hey new to investing stuck in two trades for about a year... And my worry is the global economy - lots going on out there - its hard to think too long term - given the uncertain markets -


- TWO DIFFERENT OUTCOMES - Will the transition happen before q-4 ?  After q-4 ?

I hope after - all because the price could rise upwards - and if so - after the reverse split could provide shareholders with more shares - on the back side - and provide a par value for the majority thathold most @ .07 cents .

I find it a hard pill to swallow - knowing im stuck at a higher buy in - making it all the more risky  breaking even - i wish i never bought as much and wish i could have averaged down to the .045 - i sure would be a lot happier going in par value - but it is what it is - - i just hope the price increases - even a lil more -

I feel left out of the party - and though im well above the .07 cent buy in - i would be a gentleman to say - i hope that the price at least achieves .07 cents before the roll - to at least be fair to all the majority of stock holders whove bought in at that price... 

Yes... I would be happy to see that happen - and know it was a fair value for those who hold the most stock - that they got a fair shake...

Just my opinion - and trying to look at it in a fair way -

Cheers !
Comment by RegularJoe on Mar 23, 2016 11:02pm
Wango buds, your scaring me by asking the same question every post 345 million shares - .22 target 34.5 million shares - $2.20 target juat times everything by 10 for the love of God 
Comment by SilverSaver333 on Mar 23, 2016 11:42pm
You have to pretend that your initial investment is gone, since it's been such a long period of time. The least amount of money you had was when PYD was at 3 cents. Now we are at 4.5, so you are really up 50 percent not down 50 percent. Otherwise, you are going to hesitate selling during a price spike and possibly miss out on the cash in.
Comment by blomskompskies on Mar 24, 2016 12:02am
I hope we see a spike in price before the RS so the 1:10 is worth aroubd a buck or better 
Comment by biggerr on Mar 24, 2016 7:46am
yes, they should be able to  make a profit with a $10 mil, EBITDA , c'mon Macy you can do it
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