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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: David W who wrote (3945)6/30/1998 11:21:00 PM
From: Brad  Read Replies (3) of 8879
 
I interpret "Gross Revenue" as Gross Income (or Gross Sales).

I interpret "Net Revenue" as Net Income (after expenses, but before income tax).

GLOW has a significant "Loss Carry Forward" (around $7 million as I recall) that offsets the impact of income tax to a great degree for this year.

In figuring EPS, total outstanding shares are based on a "weighted average." That figure could be significantly different (much lower) than the 57 million shares we originally thought were outstanding.

This could be a big factor based on what we learned from the last press release (retreival of 20 million shares bringing the total outstanding shares down to 37 million).

Regarding ongoing overhead...

One of the advantages of an "recurring electronic revenue stream" is that overhead expense is minimal. And maintaining this particular revenue stream (licensed software) is probably not very expensive. GLOW will be paid a fee based on usage of the software.

A "recurring revenue stream" with very little ongoing overhead cost translates into substantial profitability.

However, I'm sure there will be normal expenses incurred with the management services of the Canadian casinos.

That's how I see it anyway.

Best wishes,
Brad
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