Findev Inc (TNSGF)

[The Stock Reader]

Maybe we get a pop in the 1st quarter of 2016? TORONTO, CANADA – June 11, 2015 — TransGaming Inc. (TSX-V: TNG) announced today that it had signed an agreement for NVIDIA to acquire the company’s proprietary cross-platform portability technology for US$3.75 million.

The technology is part of the company’s Graphics and Portability Group and includes Cider™, its core-enablement or translation and related technologies, along with associated customer relationships. The transaction does not include SwiftShader, the world's fastest pure software 3D rendering technology, and related patents. When closed, the company will report a significant gain in the first quarter of its 2016 fiscal year reflecting the value unlocked from the sale.

The transaction is conditional upon the clearance of certain closing conditions between the parties as well as final TSX-V acceptance.Something to keep in mind.