September Shows Signs of Success for Tango Thursday September 23, 8:01 am ET
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 23, 2004--Tango Incorporated (OTCBB:TNGO - News) is pleased to announce that Tango Pacific has been achieving the objectives as laid out by its management. Overall production is on target, shipping and billings have been running successfully, the installation of its **new software** is underway and - the launch of **Long Hard Ride** has taken place. http://www.lhrclothing.com/http://www.lhrclothing.com/girlsbtm.htm
"I believe the company is on target to achieve its objective of **generating $6.5 million in revenue** for the next year, and the cost efficiencies from the second shift are beginning to filter into our cash flow by reducing our payroll costs. I am delighted with our overall success," said Todd Violette, Chairman and COO.
"Tango is currently producing for many major brands, including Nike, Nike Jordan and RocaWear."
Tango's Six Month Outlook Wednesday August 11, 8:05 am ET
PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 11, 2004--Tango Incorporated (OTCBB:TNGO - News) is revising its six month projected revenue due to the increase in initial purchase orders. In the event Tango achieves these revised revenue projections, Tango should be able to eliminate the dependence on additional outside capital. Tango's revised projections indicate that the Company will be running double shifts for four out of the next six months. Management has set an internal goal that by mid September the Company should achieve its goal of having the next six months of double shift production. http://biz.yahoo.com/bw/040811/115153_1.html
Tango's Success Breeds New Opportunities Thursday August 19, 3:07 pm ET
NEW YORK--(BUSINESS WIRE)--Aug. 19, 2004--Tango Incorporated (OTCBB:TNGO - News) is pleased to announced that effective immediately, it will begin engaging in discussions with potential acquisition targets. The Company has identified potential targets that would complement its existing facility in Portland. http://biz.yahoo.com/bw/040819/195532_1.html
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Tango's August Revenue Exceeds Expectations Friday August 20, 8:00 am ET
GUATEMALA CITY, Guatemala--(BUSINESS WIRE)--Aug. 20, 2004--Tango (OTCBB:TNGO - News) is pleased to announce that revenue for August, 2004 positions the Company for the highest revenue year since inception. Tango is currently projecting to increase its annual revenue to about $6.5 million for the next fiscal year which translates into about a 40% increase from last year's revenue. The success Tango is demonstrating in Portland positions the Company to engage in discussions to acquire another company of equal size in order to double Tango's revenue, achieve economies of scale and post a sustained long term profit.
"I believe Tango's combination of its acquisition and organic growth strategy should enable us to meet our revenue objectives of $12 million to $18 million by this time next year, making us well positioned to trade on the American Stock Exchange."
Tango Sets Guidelines for Acquisition Targets Wednesday August 25, 8:00 am ET
"The Company believes that over the next five years Tango Wear has the potential to grow to $10 million to $15 million a year by executing a strategy that would enable it to acquire several brands, each earning $2 million to $5 million per annum."
Tango to Drop Ship to 5,000 Retail Outlets Next Week Friday August 27, 8:00 am ET
PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 27, 2004--Tango Incorporated (OTCBB:TNGO - News) is pleased to announce that next week Tango Pacific Inc. is going to drop ship for one client to over 5,000 retail outlets. Hitting this milestone should allow the Company to generate billings in excess of $200,000 for the week. This accomplishment will demonstrate to the marketplace that Tango Pacific is uniquely positioned to print, finish and ship on behalf of its clients. http://biz.yahoo.com/bw/040827/275110_1.html
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A/S ----------------400,000,000 O/S as of 9/10/2004 166,590,461 Float?? Reported Low Burn Rate going to ZERO!!- Soon - See news above
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Weaks and shorts may be out? Holding fairly well ~0.018 which is the normal retracement on the short term! Yearly report I believe in Nov.
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Ya gotta know when to fold 'em... This thing only plays off news, and then only for a single day; not much good for anything else...
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Bard
unregistered
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I think,when and if,the company quits dumping to finance itself,the stock will definitly run.My opinion only.
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I agree with you, with all this company has going for it, TNGO should do very well short term and long term. Imo. I think we'll see .50 - .75 real soon.
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I think this will definately increase over the long run, after all, when I started playing it, the stock was at .014.
The company is undergoing a solid rebuilding process, and I think that the share value will definately increase over time.
With that being said, my long term investments are low risk investments. There's much more money to be made with penny stocks by playing the bounces, and that's exactly what I'm doing with TNGO!
You are definately correct about the runs though, this stock seems to run very well on news, and then go right back down. Youi have to know when to get out
Of course, with penny stocks, timing really is everything (I've already learned that a couple times the hard way!)
------------------ --------------------------------- Disclaimer: The opinions of the author are just that -- opinions. Do not base any trading actions on these words. Always do your due diligence before making any trading decisions.
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Just lost about 2,000 trying to play the daytrade game, so I am back to my old method...put the money in and wait, Im putting $3k in tngo and will sell at .034
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Think some flippers bailed - trying to get back in lower - or perhaps found a better "play" - I've sold on occassion a portion of a position to jump into another! 0.025 has to be broken and I think it will be on the next Move - so not a bad entry here imo
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where is their dilution see no s-8 in their filings, will we see .025 soon on some good news is more of the question than it going down much more than .015
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Dilution? Where did you see reference to dilution? Looks like there is some increased volume this afternoon, I'm hoping for an increase early next week so that I can take my money and run.
I still think though that this would be a good mid-term hold..It looks like this company has solid direction.
------------------ --------------------------------- Disclaimer: The opinions of the author are just that -- opinions. Do not base any trading actions on these words. Always do your due diligence before making any trading decisions.
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does anyone know why the price on this at close friday was .0162 and the bid is at .4550 and the ask is at .4554?? does anyone know the reason for this?? are MM playin games or ..........???
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I sure wish that was the case, I'd sell right now and make $50,000!
Unfortunately, I think that might have been an error with the information being displayed, I've had that happen before.
I'm showing bid .016, and ask .0162. And an interesting point, I couldn't even see the level II over the weekend, maybe there was some kind of a NASDAQ glitch?
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With the low volume, I think we're going to see much of the same for today. I sure wish this thing would take off. Need to make up for some of the ones that never did!
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I just don't get it, with all this company has going for it they should be on a serious upward trend, is it possible that the Berlin shorting is affecting us?
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quote:Originally posted by lumik: I just don't get it, with all this company has going for it they should be on a serious upward trend, is it possible that the Berlin shorting is affecting us?
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I would have at .015, but I ran out of funds I bought at .017, and .0166.
It IS making a slow upward trend if you look at the charts, it's just moving slowly at the moment, I'm in until at least .03, I will hold until then, I am confident about the future of this company.
I suspect that when they announce their quarterly results (and they are positive), or release new PR, the price will react to that strongly like it has in the past.
------------------ --------------------------------- Disclaimer: The opinions of the author are just that -- opinions. Do not base any trading actions on these words. Always do your due diligence before making any trading decisions.
[This message has been edited by letsplay28 (edited October 05, 2004).]
Finding new Brands and purchasing 25% or More of the Co w/ a 3 to 5 yr contract for production Which ensures Business and Accretive New Ones on the Burner!!
2) Corporate
Team Up w/ Investment Banker Purchase a "Mirror" Co. doing the Same as TANGO - there by picking Up New "Lines" and doubling the Size of the Co!
News should be in the near future - not sure when - Elaborating on these points!
Very Nice person and helpfull - but busy and Enthusiastic!
I will not Call again - No need to!!
I feel very Satisfied in this Investment!
(Voluntary Disclosure: ST Rating- Strong Buy; LT Rating- Hold)
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