Findev Inc (TNSGF)

[dealorfx]

I used to post on stockhouse since Transgaming is a favored

canadian stock...

here are some tidbits I had posted.....>>>SNIPS>>>>>>

Shawn stressed the fact that Transgaming is a high risk stock,
"BUT"
>>>>This is a once in a lifetime speculative stock investment should it turn out just modestly successful>>>>>>
I have been successful with Shawn's advice/recommendations, his last one,
Ballantyne Strong- BTN went from around $2.50 to $9 in approx. 3 months time,
this was a good trade.

>>>>>>>>>This exclusive partnership that Transgaming has with Intel for interactive on-demand video games through the CE Media chipset has the potential to catapult the company from investor obscurity and into the limelight. All revenue that flows through Transgaming’s gametree.tv service to deliver on-demand video games through the Intel Media chipset platform will be shared with 30% of the revenue going to Transgaming.<<<<<<<<<<<<<<<
>>>>>>>>What I want everyone to realize is that the numbers above are all very conservative in my view and could easily be surpassed as the Intel service gains traction. Either way, a very modest penetration of the Intel Media chipset and of Transgaming’s Gametree.tv service to the 400 million home potential global market for internet interactive TV’s would produce very large profits for Transgaming and monster returns for shareholders at current stock price levels<<<<<<<<<<<
>>>>>>>>>Transgaming would still have a thriving business. They currently have a second established very rapidly expanding business that takes PC/console based video games and converts them to be able to run on Apple Mac computers. Given the proliferation of Mac computer sales over the last 5 years in which over 35 million Intel based Mac’s have been sold, this market is beginning to become very substantial and all the video gaming companies are becoming increasingly interested in being able to simultaneously release new video games on the Mac and on a regular PC/console.<<<<<<<<<
>>>>>>>Transgaming has developed a proprietary technology that can carry out this conversion very quickly and at fraction of the cost currently used by the industry that makes the use of their service very economical and very appealing to video gaming companies wanting a greater penetration in the Mac computer video game market. This business generated 3.4 million dollars in revenue last year and became cash flow neutral in the last quarter. It is expected that they will convert 25 games in 2010 and be able to double this number every year for many years to come as the business has already gained full traction. This should allow revenues to approach the $10 to $15 million area over the next 3 years and generate a healthy profit of around $.10/share. This business alone would easily support a stock near $1/share at 10 times earnings. Also remember that on top of the Mac video game conversion service for store purchased video games from the PC/console to the Mac, Transgaming has developed a web service called gametreeonline.com for distribution of video games via a direct download to your Mac computer. Any such downloads would carry greater margins for Transgaming as they would be able to share in a greater percentage of the video games total sales price which would be around 30% of a video games sales price. The more the company can drive direct downloads for Mac users the greater the revenues and profits will be for the Mac video conversion business. This would tend to provide upside potential to the $10 to 15 million in projected revenue in 2013 should this service gain traction.<<<<<<<<<<<
to the best in investing
dealorfx
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