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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. > Q4 earnings
View:
Post by vulturecapital on Jun 10, 2014 8:51am

Q4 earnings

on the last conf call one of the analysts asked Gupta if he expected a big q4; last year was above $4 million. He sort of hemmed and hawed a bit and said something about things getting better later this year. The good results are always around the corner, just out of reach. As a side note it takes tng 3 mos to report q4 results. A normal company takes one month. Just another example of how they struggle with simple tasks.
Comment by Rothchildish on Jun 10, 2014 9:36am
Playing with numbers gets harder the more you play.
Comment by Rothchildish on Jun 10, 2014 10:45am
They are burning through cash like madmen and we see no revenue upgrade, no good news, no updates. What, if, maybe, is what we get.  If you take the loss divided by total capital you get a beautiful 82%. That is even worse than the devaluation of the USD. Every single dollar ever put in that company has lost 82% of it's value. The last round of financing proved investors are getting sick ...more  
Comment by dpoc on Jun 10, 2014 11:26am
It's very likely Gupta's Last Stand, and we know what happened to General Custer! Bring on the Swede!
Comment by Prospektor31 on Jun 10, 2014 10:54am
Q4 is year-end. The regulatory requirements on most exchanges is 90 days. I've yet to see a company report under the 90 days. This is standard procedure. And it is definitely not simple with external auditors.
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