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Non-Tech : Sungold Gaming International (SGGNF)

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To: Roger G. Budgell who wrote (4214)9/4/1999 11:25:00 AM
From: Gus Cusimano  Read Replies (1) of 5164
 
I think something is starting to happen. I too agree that it will take time, but at least something is starting to happen on several fronts.

Regrding Michigan, my take on it is that SGGNF will try to cut a deal to either (1) take one up front fee for the breach of contract or (2) take an ongoing "royalty" on the take of the casino that the GLB will put up, or option our to others. Let's face it, no one would want to be partners again if one party initiated a law suit and breached a contract as the GLB has been aleged to have done.

This scenario would give sungold the capital to persue these other modern business ventures.

I'm more positive now than I've been recently, however, I still believe, as kidl, that the marketplace requires much more information before we see a real sustained increase in the price of the stock.

Still long!

Gus

PS Archangel, perhaps we can get a few of our friends together to get the Ontario & New York territory from Sungold.
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