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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. > All This Talk About Rollback is Actually Quite Useless
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Post by illumination1 on Mar 16, 2015 2:52pm

All This Talk About Rollback is Actually Quite Useless

in my opinion despite it being a possibility but one I would add is very remote. The reason I say this is quite simple, when this was trading up close to a dollar it had a recognizable tech, companies that it is affiliated with and its clientele. At this point, the same thing continues to hold true, the only thing that is different is the s/p but from what I have been seeing and following there is still a good clientele base, the tech has shifted from mac and computers to some extent to the t.v integration which this company allows for keeping in tact the core notion of seamless cross platform compatibility. The need for increasing revenue and expectations of stronger balance sheet has brought this company to where it is to some extent, but I have no doubt that things are improving and hence, why I say this talk of rollback is quite useless. If the company however was looking to uplist that would be a different story altogether--it didn't uplist in the past and it has no reason to do so in the present and everything else is going as it has done so with the exception as has been reported the company's economic strength is actually becoming stronger and stronger. So--useless rollback talk, useless comments from the people who keep bashing which I personally ignore anyways so waste of mine and everyone else's time given what we are seeing through press releases etc. This is trading at half of where it really should be trading and the proof will come as the company continues its upward traction--so far, all noise from people who i tend to ignore and who are blatently bashing but nice try--you will be proven wrong--Period! glta glta
Comment by dpoc on Mar 16, 2015 5:28pm
I don't know whether to call you illuminator or terminator! You're long on pure conjecture and very short on numbers. The shareholder chant remains the same, "Show me the money!"
Comment by illumination1 on Mar 16, 2015 6:27pm
dpoc...I think you can not refute the strengthening in the numbers that were reported in the second quarter--I suspect the company will continue to build on it! I honestly see onwards and upwards! glta •Reported revenue of $1.3 million during the quarter, up 32% from Q1 •Entered into a strategic co-publishing partnership with a world leading MMO developer to bring a top 10, award-winning massively ...more  
Comment by shawshank on Mar 17, 2015 4:09am
Lummi...well said. SS  
Comment by dpoc on Mar 17, 2015 4:14pm
Illuminator, Shine a little light on this espèce de merde! What the market is telling everyone is that there will be a reorganization and consolidation of the company's stock. I was dead on the money about Gupta,.Now watch for the second time! May the luck of the Irish be with ya cause you'll need it. dpoc
Comment by Syngut on Mar 17, 2015 8:28pm
I'm glad we both sold dpoc! Somebody at the National Bank sure made a grand exit today! I would like to agree with illumination1, but it is hard to ignore what the market is saying right now. I'd like to take another position, but right now I think I'll just stay on the sidelines.
Comment by illumination1 on Mar 18, 2015 3:12am
dpoc, if there is a consolidation--just saying if--it won't be more than a 4-1 which would bring this to 40 million shares at that point. But prior to any consolidation the company would need to be burning through so much cash and heavily diluting for them to entertain that thought. Again, there is simply no need to consolidate to draw any further interest from brokerages or capitalists to ...more  
Comment by illumination1 on Mar 18, 2015 3:28am
from October 29, 2014 •Made a principal repayment of CA$1.1 million to BEST Funds on the CA$3.5 million in outstanding debt lowering the total debt balance to CA$2.4 million •Changed repayment terms with BEST Funds with the debt now scheduled to be repaid in full by April 30, 2016 the above piece of information, I believe supports my claim stating that the company has paid back monies borrowed ...more  
Comment by illumination1 on Mar 18, 2015 3:31am
for info on warrants see December 29, 2014 news release.
Comment by dpoc on Mar 18, 2015 10:57am
TNG Bid $0.05  Ask $0.055  Volume 462,950 YIKES!
Comment by illumination1 on Mar 18, 2015 1:14pm
dpoc the lower this goes the more I will be able to buy with a determined amount of money. I'm salivating right now because I know that this is really heading up as more games and more deals are made moving through this year. but if people want to listen to you and they are scared good for them I will take their shares and will not have any remorse because I have now stated my piece very ...more  
Comment by yyz123 on Mar 18, 2015 1:27pm
This post has been removed in accordance with Community Policy
Comment by shawshank on Mar 18, 2015 5:18pm
Wow....we actually agree to a larger extent...took a good year but will wonders never cease. SS
Comment by dpoc on Mar 19, 2015 8:49am
yyz123, Nice analysis and well stated. I couldn't help but notice that the Winnipeg Wanker actually agreed. Heaven forbid, you'll have to resign from this board. Reorganization is imminent leaving shareholders like the shank with shares virtually worthless, just watch! I've seen this sort of thing many times. Transgaming makes no money, and the games that they offer are worthless ...more  
Comment by shawshank on Mar 19, 2015 9:44am
Dpoc; I said by and large I agreed Dpoc. Some of Yzz123's last post were salient and understated for a change. I especially agree  WIth the necessity to show traction and raise funds at some point becoming imminent. To what extent will be come self evident. My position already locked in 400% profit 2mths after I entered the stock and sold a good chunk of it as I believe any and ...more  
Comment by PennyStoc on May 17, 2015 1:42am
This post has been removed in accordance with Community Policy
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