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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST

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To: Mags who wrote (2588)12/6/1998 3:40:00 PM
From: Nittany Lion   of 6545
 
Mags,

I have just begun to do DD on this stock so I may not be in complete understanding but a couple of points. I was under the impression that the outstanding stock was 13 million with a float of 5.4 million rather than 11 million. This, of course, would change your figures somewhat. Also, depending on the casino hold (win), I can't think that the % coming out would also be 4% - aren't you assuming that total bet would equal total win by the players? It would seem to me that the % coming out would be something less than 4% overall.

Gary
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