TRANSGAMING INC. V.TNG

RE:slow and steady

[dpoc]

Even adversaries can sometimes find common ground. The following is part of a private message I sent at Stockhouse just two days ago.

TNG throughout the years has always sold the concept of the 'Big Deal Just Around the Corner'. All the while, diluting the shite out of the shares and insiders selling. The microcap stocks on the TSX Venture are massively manipulated, and TNG is no exception. Gupta, to have even the slightest bit of credibility needs to get the heck off this exchange and try his luck on the TSX or better yet, the Nasdaq where there's much more 'scrutiny'.

[domdesm]

This post has been removed in accordance with Community Policy

[robmackman11]

The TSX venture is indeed a joke.  Transgaming will need to prove itself in the coming year so it can graduate to a senior exchange and get the much needed increased visibility.  The trajectory for 2014 looks very strong, and the from a technical standpoint the chart still looks very favourable.  

[QuietWater]

from here: https://www.tmx.com/en/pdf/TSXandTSXVenture_IndustrialRequirements.pdf (assuming we don't get an excemption), for CLQ to graduate: Funds to cover all planned development expenditures, capital expenditures, and G&A (5) expenses for 1 year. For this we need ~$4 million at the current rate we are burning through money. We don't have that in the books right now, but

[robmackman11]

Transgaming will not be graduating the TSX for some time, but they are definitely doing all the right things to get there. The Smart TV market is just in the beginnings and TNG is well positioned to take advantage of this growing market. Furthermore, Cider has and continues to be a steady revenue generator and that is not going.to change anytime soon. Lastly, Swiftshader is being utilized by more

[dpoc]

Great post! Many thanks QuietWater. Cheers, dpoc