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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)
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To: (Bob) Zumbrunnen who wrote (1131)2/12/1998 7:37:00 AM
From: Hardrocker  Read Replies (1) of 4539
 
Bob,

Good point, with one exception: AGTI doesn't get paid "up front" for the equipment, they receive a cut of the revenues derived from each device. In other words, the more the equipment is used, the more revenue received by AGTI. So far as I know, the bingo halls pay nada until the revenues start rolling in. Therefore, the $5 billion figure is very meaningful. And don't forget, one of the underlying premises of electronic bingo is that it consistently increases player spend. So, over time, the $5 billion market should be expected to grow incrementally...thanks to electrons!!

Hardrocker
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