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Bullboard - Stock Discussion Forum TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."

TSXV:TNG - Post Discussion

TRANSGAMING INC. > LETS BE REAL NOW
View:
Post by DRMacLachlan on Feb 06, 2014 3:37am

LETS BE REAL NOW

Listen,  those of you who are talking about TNG dropping to 20 cents, you might be right.  If so, I'm jealous of those who get the chance to buy-in at that price.  TNG has Gametree TV, Swiftshader, Cider, and more, it's trading at 2 times revenues and it has 6 cents a share in cash with the recent private placement.  I frankly couldn't care what it trades at right now.  Some of the posts here are jokes.  Do your research and look at the past revenue growth and future projections.  TNG has a great share structure with minimal dilution given the potential.  With the margins they have on their products and as they grow, there will be no need to go back to the markets for funding as the company will be sustaining itself.  Management have been smart at not diluting the hell out of share structure.  They could have easily gone out and raised $25 million at $.25.  TNG is easy to promote.   They raised exactly what they needed to advance the company through the next phase of growth.  Organic growth.  I love it.  It's tough to judge where the bottom will be on TNG but one thing is for sure.  The company is worth much more than where we're trading at.  Any shares under $.60 are cheap shares in my opinion.  Feel blessed and lucky we're trading this low right now.  Take advantage while you can.  I know I am.  Good luck to the longs.
Comment by yyz123 on Feb 06, 2014 9:44am
This post has been removed in accordance with Community Policy
Comment by skyhawk1 on Feb 06, 2014 10:15am
DR - great post. Hey doc do you guys ever sleep?.. Personell come & go with rapidly growing companies. I just want to quickly touch upon the pattern these naysayers follow, it's almost COMICAL!! When TNG ran up to $.55 a couple of weeks ago, the naysayers & their major concerns were NOWHERE to be found. NOW, after a major retracement, they magically show up out of the woodwork to ...more  
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