SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : NORE - High Tech Bingo Equipment - Online Bingo
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David W. Tucker who wrote (236)1/8/1998 11:29:00 AM
From: Ed Pettee  Read Replies (1) of 7701
 
David, I agree, we have eneough to be concerned about right now, without the problems that the internet gaming issue can bring. The current cash position of the company needs an infusion to help it get on track. I recall George commenting that he couldn't get too invoved in the 150 slots waiting for the legal hurdels to be cleared until he was in a better cash position. Also, that he was considering a plan with a certain bank to fund the repayment of the Video Machines over 5 years instead of the current plan which is 1 year, in order to free up more cash as the revenue starts coming in. All this says is that cash is very important at this time in the companies development.

I assume that if some of the VLT machines are up and running now, we should be hearing soon. I also assume our partner Sharp who has as much financial intrest in this as us must know how things are going.

My wife keeps talking about a trip to Aruba that I promised her, I see that its just a puddle jump over to Caracas from Aruba. Maybe I could get going and check out the operation for myself. I am sure Frederico Fernandez would welcome a Noram stockholder to view the operation.

GOOO NORAM..............
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News