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DION ARE IN THE GAMING BUISINESS. THEY OWN AND OPERATE SEVERAL NATIVE CASINOS IN NEW BRUNSWICK. THEY ARE ALSO VERY BIG IN BINGOS OUT WEST. THEY HAVE HAD CASH FLOW PROBLEMS IN THE PAST TRYING TO FINANCE THIER OWN PROJECTS. THEY NOW KNOW IT IS BETTER TO HAVE OTHER FINANCIAL BACKERS FOR A CUT OF THE PROFITS THAN TO USE MONEY THEY DO NOT HAVE. CURRENTLY TRADING AT $0.19. THEY HAVE THE EXCLUSIVE RIGHTS TO SELL BALLY GAMING MACHINES. WITH THE CANADIAN GOVERNMENT PASSING LAWS ON ALLOWING MACINES AT RACE TRACKS THEN BARS, I CAN ONLY ASSUME DION WILL JUMP ON THIS MARKET. ANYONE WITH RECENT INFO? |