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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. > Those 230 machines should be producing revenue any day now
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Post by RegularJoe on Jul 12, 2016 10:30am

Those 230 machines should be producing revenue any day now

The new casino is expected to open early in the third quarter with all machines deployed and revenue producing by the end of September. With these machines in place, the Company will have over 2,600 revenue-generating machines deployed.

“We are pleased to exceed our early 2016 target of 2,500 installed machines, and in the continued expansion of our footprint in Oklahoma, which is a strong, vibrant and growing gaming market,” said Peter Macy, CEO of Poydras. “Moving forward, we are committed to expanding our existing network and executing on opportunities to continue growing our strong base of recurring revenue.” 

Comment by VPofFNE on Jul 13, 2016 10:48am
Thank God, finally someone is talking about company facts again, good job RegularJoe! Apparently Macy is in Toronto this week, meeting with some of the larger investors/brokers of PYD. I know a couple that he is scheduled to meet with, I'll touch base with them afterwards and get their impressions.  VeeP
Comment by Riverfolk on Jul 15, 2016 9:26pm
The meetings in Toronto must have went well given the large volume today, Veep any word?
Comment by Teflon2Hype on Jul 15, 2016 11:21pm
"The meetings in Toronto must have went well given the large volume today" Every trade today went off at the Bid which means all  transactions were initiated by the selling party. Make of it what you will but I would not be too eager to credit the sentiment from any meeting on the motivation for todays action if I was looking to pump to anyone with more than 2 active brain cells ...more  
Comment by VPofFNE on Jul 16, 2016 10:07am
T4H is right about the trading yesterday, I doubt the volume had anything to do with Macy being in Toronto this week, except maybe someone at Raymond James deciding to take a small position at these levels. T4H is wrong about the PP though, they aren't looking to raise money, instead he was here looking to restructure the debt - which is REALLY needed - and I haven't heard if he was ...more  
Comment by Teflon2Hype on Jul 16, 2016 12:09pm
"T4H is wrong about the PP though, they aren't looking to raise money, instead he was here looking to restructure the debt -" Oh i agree they are trying to restructure their debt given that $16 million of it is current, but I hold fast to the belief that a PP will be tendered within the next 8 weeks and therfore these meeting do have a dual purpose if you choose not the put the ...more  
Comment by VPofFNE on Jul 16, 2016 8:15pm
Ok T4H, I already owe you a lunch at Cactus Club, let me see what I can do to earn back some dignity. I say that the company does not announce a PP on or before Sept 9th. Timmy's in on the line! VeeP
Comment by KeithORichards on Sep 09, 2016 7:58am
You were a gentleman to remember to pay up, and to leave a tip. I was pretty sure VP woulld collect, as I was at all those meetings save for one. Keith
Comment by RegularJoe on Jul 16, 2016 11:22am
So all the selling went into the bid, but the bid was higher then the previous day close... We had a gain for the day lol. Your classic 
Comment by Teflon2Hype on Jul 16, 2016 12:32pm
Joe, please try to stay focused on what was said before you think about commenting. He was commenting on the possibility that a positive meeting may have caused the slight spike in volume. I commented that all the tranactions were into the Bid which would hardly indicate a positve sentiment overflow. The fact that the Bid that they were selling into was sitting a penny higher than it was the ...more  
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