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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: pavlov 1 who wrote (42021)8/5/1999 3:33:00 PM
From: Techplayer  Read Replies (1) of 122088
 
Pavlov, Claude only 2.5%, HERE IS THE PROOF

Total yearly revenues: 9.773M

Since the beginning of fiscal 1999, revenues from all components of the gaming business, which include licensing, casino operations and financial transaction processing, have undergone tremendous growth and generated revenues of $6,254,000, representing 64% of the total revenues for the year ended April 30, 1999.

Revenues from licensing 52.8%

Revenue from software licensing, which has become a significant income source, accounts for 52.8% of the total revenues for the year ended April 30, 1999. At April 30, 1999, the Company had entered into agreements with 37 licensees and had fully completed software for 20 licensees.

9.773x0.528=5.16M

Revenues from casino operations and financial transaction processing is the difference:

6.254M-5.16M=1.094M

Based on the document at the Claude's junk site total revenues from casino operations of the licensees=13.9M

LasVegas' share 3.12M, which is 22.4% of 13.9M sum.

Assuming the same percentage of 22.4%,

REVENUES FROM LAS VEGAS' OPERATIONS TO STARNET DURING FY99

1.09M X 22.4% = 0.244M

PERCENTAGE OF REVENUES FROM LAS VEGAS' OPERATIONS DURING FY99

0.244/9.773M = 0.025 = 2.5%

YES 2.5%
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