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Biotech / Medical : HQNT and other OTC/BB Stocks
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To: Dave Gore who wrote (2)4/22/2002 4:29:35 PM
From: Aj-Ruk   of 4
 
Dave,

I am biased toward a small internet lottery company (symbol ITET). To my knowledge, this is the only publicly traded internet lottery company. They have a public float of roughly 104,000,000 and a total issued of 250,000,000.

They will be releasing first quarter earnings before May 15th. The CEO has stated that he expects the company to be profitable in 2002. This would be incredible because they only began selling tickets in January of this year. The pot is growing weekly indicating that sales have been fairly brisk considering it is a new venture.

ITET should have a natural "run up" prior to the release of earnings as this will be the first time all of us will be able to tell what their take truly is on a sold ticket. It will be relatively simple to forecast future earnings once we see those May 15th numbers. It is a gamble but if the company shows it can make money in 2002 and remove all debt they should sell at a much higher number than the current .05 It has proven over time that this is an excellent entry point to make money owning ITET.

One last point, the company has done a reasonably decent job of keeping the float in check. They have stayed pretty lean and that should benefit shareholders if this thing really works out. I am not that objective anymore so I really would be interested in opinions. Thanks for the new thread.

www.planetlotto.com
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