Post by
DRMacLachlan on Feb 04, 2014 3:42pm
Looks like not everyone will be able to take part in PP
MMs are selling this thing down to fulfill the larger orders we see on the bid. Global Maxfin is purchasing which tells me that the PP is already fully subscribed. I don't think we'll see much movement in the next few weeks but everyone needs to look out a few months from now and where TNG will be. This is a huge investment opportunity if you're a serious investor and not someone trying to flip pennies. As the story unfolds, we will creep higher and higher. Bottom should be in now and lets not forget. Buying shares at this price is buying shares at $.04 higher than where the stock was trading at prior to major partnerships. I think more partnerships are in the making when it comes to Gametree tv but the true value lies in Swiftshader. TNG is currently licensing it's technology to huge tech companies worldwide and have yet to announce who the $1 million licensing partnership is with. All we know is that it's a Fortune 500 company. Apple? Microsoft? Who knows, but soon enough more will jump on the bandwagon. Get out of your short time-frame state of mind and look at the bigger picture here. Long and strong.
Comment by
leaf67 on Feb 04, 2014 4:11pm
MM,s may try to push this to 0.20 or lower....lots of dry powder to add shares if that tranpires. DO your own dd. leaf67
Comment by
lscfa on Feb 04, 2014 4:22pm
Global and Jacob will try to keep price from going below $0.25. If they don't they will have trouble selling a $0.25 issue when it is trading at less in the market.
Comment by
domdesm on Feb 04, 2014 4:24pm
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Comment by
lscfa on Feb 04, 2014 4:30pm
Prospectus says units will only be offered in Ontario, Alberta and BC.
Comment by
lscfa on Feb 04, 2014 4:16pm
Like I said this new issue will be sold to institutions, not retail. And these institutional investors will receive selective disclosure from TNG and their selling agents. I don't like that but if that disclosure convinces the institutions to invest it will instil confidence in retail investors.