Sectors: Entertainment, Gaming and Internet Solutions
Shares Outstanding: Approximately 1,000,000 (fully diluted)
Stock Listing: Began Trading Publicly February 1, 2001 on National
Quotation Bureau Exchange.
Currently Completing Form 10 Filing for OTC Bulletin Board Listing.
Revenues and Assets meet NASDAQ and AMEX listing requirements (these
options are being pursued).
Financial Results (Fiscal Year 2000 Unaudited Financials): Revenues
approximately $7,500,000
Operating Profits of $1,600,000 (Giving EPS of $1.60). Corporate Assets of
approximately $7,000,000. Long-term debt is nearly paid off.
Dividends: $1.06 per share issued to Year 2000 private shareholders
Financial Auditors: Deloitte and Touche
Acquisition Offer: $55,000,000 (currently equivalent to $55.00 per share)
offer was tendered in April 2000. Acquiring Corporation was unable to
complete financing.
Financial Forecasts (Fiscal Year 2001): Revenues = $17,500,000 Income
= $5,250,000 (30% after tax profit margins)
These levesl would provide EPS = $1.60 current plus $5.25 projected =
$6.85 and a Share Price = $137 per share with PE ratio of 20 |
