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Non-Tech : venturetech VTEH bullettin board

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To: bob prisco who wrote (106)4/15/1997 11:06:00 AM
From: Donald A. Kerper   of 913
 
Bob,

My understanding is that casino world was recently acquired by vteh. E Casino has been the beta test site and obviously one of the reasons vteh acquired them was to not only gain their customers but also to pick parts of the software and technology that work for them.

My bet is that E Casino will probably be dropped and the other would become the interface for vteh's casino operations after they have got Casino World all set up with all the games, security, etc. that they envision. Just speculation of course.

My broker has found out the following:
1) 4 million share float
2) 2 million of float held by institutions
3) Barry bought .75 mil shares as vteh came down
4) 1.25 mil shares will be bought by vteh starting late this week with debenture funds coming in late this week.

Supposedly, this will clean up all the margined stock once and for all so that no stock will be available at these levels.

Don
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