Post by
Trout080 on Jan 14, 2014 9:32am
Patience
LEGEND made some excellent points and I couldn't agree more. This company has been a long time in the making and the strongest piece of evidence that they will succeed is their desire to hire ten new staff. According to the website, Transgaming currently has 46 employees, so this would mean a 21.7 percent increase in staff; a strong sign of a potentially very successful company.
I'm pretty certain that working relationships with electronic giants such as Toshiba and Samsung aren't acquired without a lot of hard work, and management of this creative Canadian company deserves recognition. If this means selling shares from having done a good job, then by all means, take a few dollars off the table. In this era of cutbacks and reduced hiring Transgaming seems to be willing to take the chance on bringing on new staff.
Another point worth mentioning is that of the paid promotional interview that was mentioned yesterday. As a graduate of the University of Waterloo, I'm sure that Mr. Gupta is very intelligent and is a savvy marketer. While comments were made that the interview sounded 'scripted', how many advertisements are not? Because the interviewer sounded detached is no reason to downplay the value of making more people aware of Transgaming's business plan to succeed in the burgeoning smart TV market. I wish them and their investors (including me, with my tiny stake) well.
Enjoy life.