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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)
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To: Mark Riley who wrote (1117)2/10/1998 10:15:00 AM
From: flightlessbird  Read Replies (2) of 1574
 
Mark: I believe that the emphasis being placed on "valued" by some is probably inaccurate. Remember ACCY has only begun planning its 1998 tournaments so far. There is no way to tell how many tournaments it will sponsor in 1999 or 2000. They have to use "valued at" at this point since it is only an approximation based on anticipated tournaments. More or less tournaments could shape that value. But it is a commitment, as I read it, to sponsor the SERIES for the next 3 years, so that means whatever the number ends up being. They just can't pinpoint the precise value until the full range of tournaments are planned. Again, it is an inked contract, just the precise dollar amounts that will remain flexible as the Classic Series evolves. Also, as for offering free use of sites, etc. as in the Raven release, I don't read that anywhere into the press release. I read this as a direct sponsorship, separate and apart from that issue.
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