TRANSGAMING INC. V.TNG

Things seem to be on track.......

[stillbob]

I mentioned in a previous post that I didn't think these would be 'the' financials and they weren't. Even into Oct. I think they were still experimenting with things so to expect any great results by the end of Nov. didn't seem realistic. As usual the BEST stuff has happened since QT 2 ended. In Dec. they slashed their expenses by about 33%. They cut things to "bare bones" as they say. I think I read it in the MD&A and I heard it in the conference call that they think they are now in a position to get through 2016 without worrying too much about needing more money. Apparently they still plan on selling Swift Shader and maybe some other proprietary stuff but they don't really need to. They seem to be gaining subscribers and Dish's Hopper set top box is coming on line imminently which should add even more potential customers. I think these guys are legit and they ARE going to be profitable, maybe even before the end of the fiscal year. I'm certainly not a Tech guy and I don't really know video games, but I think I do know something about people and stocks and financials (got a degree in accounting back in the dark ages).

[yyz123]

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[hintonkid]

yyz123,  I don't recall you ever commenting about TNG here before.  You are usually providing negative comments about YFI.  Something good must be coming down the line with TNG if you are taking such an interest in this little company now or have you just been put on ignore so many times on the YFI board that it was time to move on to new pastures. Do you ever get tired of

[yyz123]

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[hintonkid]

yyz123, just letting you know, I've been here for a very long time and I am no rookie to this particular board.  I just took a look at the YFI board this morning and it looks like a lot of people, posting this morning, are  ready to put you on the first stage-coach out of Dodge.  Is there anybody you haven't managed to tick off yet? LOL.  It is not my intention to run

[yyz123]

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[stillbob]

yyz123 was here when I got here about a year ago. Every time he posts he says the same thing. "They're BROKE and they'll have to raise cash". Which I have to admit was pretty valid a year ago when they had the debt to Bestfunds. Now, not so much. Apparently he doesn't believe a company can have revenues. If they don't have money in the bank they don't have any unless

[yyz123]

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[CndnBacon]

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[yyz123]

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[MrBonobo]

yyz123 is part of a boiler room scheme,they have been flipping TNG all the way down but allways knowing this stocks potential for massive gains,this is why they  lurch here,be vigilant,this is from sources...!!!!!!!!

[yyz123]

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[MrBonobo]

Yyz123 and the boiler room shenanigans have been accumulating TNG shares all the way to the lowest of lows,all the lurching and bashing coming from them in order to fill their boiler room stock quota's for future profit....this comes from sources..

[yyz123]

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[lscfa]

Who the hell cares if they have to raise more cash? That is what publicly listing is for. What matters is will the additional share dilution be exceeded by the value creation. In TNG's case, I believe so. e.g. TNG raise $2 million at $0.04 for 50 million additional shares. 116 million shs. o/s => 166 million shs. The $2 million lasts a year at $500,000/qtr burn rate. TNG grows annual

[yyz123]

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[lscfa]

hey stupid, I used gross margin as a percentage.....

[yyz123]

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[lscfa]

15% costs of sales on $3 million revenue = $0.45 million, 15% on $7 million = $1.05 million, that's an increase in costs moron. As for SG&A expenses, there is no reason sales can not climb while these costs remain flat....

[yyz123]

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[lscfa]

TNG does not need to spend money on marketing to smart TV users to discover the slots app. As I recall Samsung agreed to put GameTree on the first page of tiles and the OTT's have promoted Gametree before at their cost. If TNG were to spend on marketing the resulting revenues may be higher than $7 million.

[yyz123]

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[yyz123]

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[yyz123]

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[FluidDrummer]

How I've missed you guys..... not...

[yyz123]

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