Integrity Gaming Corp. V.IGAM

Net loss of $2,918,891

[Riverfolk]

Net loss of $2,918,891

(Financing costs (Note 26) (2,170,864)
(Revaluation of earn-out liability (Note 4a) (450,000)
Revaluation loss on investment in A&W JV (Note 4b) (588,317)

Q4 will be alot cleaner

[lscfa]

Positive EBITDA of $2,363,549.....accounting earnings are distorted from economic reality due to many non-cash non-recurring items

[VPofFNE]

Not too bad. EBITDA was slightly higher than I expected, net loss was larger than I expected, only because of forgot about the debt restructuring costs. Operations are still improving, growth is still happening, the machines are still creating money. It's now up to management to get investors to care, or this company is susceptible to a cheap buyout.  VeeP

[Riverfolk]

I very much agree with this statement, if any more machine placements happen in the short term and  the price doesn't reflect, I could see a competitor taking Pyd out. Only the Managment and gaming market seems to understand this business plan. With management being bankers I wouldn't be surprised if they haven't looked into taking Pyd private as at $1.50 I am sure shareholders

[Teflon2Hype]

"It's now up to management to get investors to care, or this company is susceptible to a cheap buyout." VP, I will give you a quick crunch of both the static and kinetics values. On the static side you have $9.64 million in total shareholder equity left, or $0.28 per share. If you are to subtract the $9.39 million of intangibles from that then you have less than $0.01 per share of

[KeithORichards]

Leverage ratios and further information about the facility are in Note 13 of Q3 Financial Statements, as was promised.

[Teflon2Hype]

"Leverage ratios and further information about the facility are in Note 13 of Q3 Financial Statements, as was promised." Fair enough Keith I had not read that yet. I will give it a read over before commenting any further on this subject.