TRANSGAMING INC. V.TNG

Fiscal Q2 Results

[Kalvin007]

Revenue for Q1 fiscal 2015 was 1.08 million. The news release dated 2014/10/29 says the following "The company expects revenue growth to commence in second quarter with profitability in the coming quarters as the pivot is completed" we need to see revenue increase from Q1, not worried about profitability right now, as long as revenue beats we are on the right track. GLTA IMO

[PuraDinero]

Absolutely right. Love to see 1.5-2m    GL Longs

[vulturecapital]

I would say the key thing now is survival. They need to quickly get to the point where they are not depleting cash reserves each quarter, since there isn't a lot left, and the stock is too low to raise more. Survival is the key, profits can come later.

[Kalvin007]

They had 1.75 million in the bank as of last Quarter Results. In addition most of their debt has been paid, they only have three monthly payments left so worse comes to worse they can finance through debt by getting a loan or line of credit. I don't think they willbe raising money at these levels and if cash flows increase to 1.5 - 2 million then they are in really good shape, they may not run