Bingo.com Refuses to Allow the Grinch to Steal Their Christmas, or Yours!

Written by: Nikola Zugic on 09/12/2009 10:45

Amid losses and a bit of a problem with finances, Bingo.com is refusing to allow the grinch to steal their Christmas. The company has finalized a plan to refinance by floating a private placement of 1.36 million common shares at a cost of $0.15 per share and this has received signed subscribers and raised the necessary capital to allow them to breathe a little easier regarding their positive cash flow.

The funds will be used for marketing and general corporate purposes, and there is a plan in place to go live on a new software platform very soon. This is their second placement of private shares for sale this year, but they are managing to sell these; so investors are obviously very interested in their stock options. This pleases us, it is a nice site and it would be very sad to see them fall into the hands of a large online bingo conglomerate and lose their individuality.

In the meantime it looks like December is going to be a bumper month for members as all the wonderful games this site offers are still available. No expense has been spared to keep their customers happy, free bingo with real cash prizes is still up for grabs and there is £135 000 in guaranteed December fixed prize pots going for a song.

Six hours of fixed pots per day take place in Diamond Daubers, Mum's Room and Sunset Hangout, so check out the bingo schedule and schedule your games. There is a £1,500 Puppy Paws Tourney being hosted and for playing from Tuesday to Thursday, so take a spin or two on this game and you could be a winner of some magnificent extra cash. Take a break in Mum’s Room for VIP Mums and play the latest VIP version of 90 ball bingo for fantastic £2,000.00 worth of fixed pots every night between 9pm – 11pm.

Categorised Under: Bingo Promotions,
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