After reading posts on this thread for the past few months, I felt that some additional information was needed. I have been involved in bingo for approximately 8 years. I was responsible for introducing the legislation (1995 session) that brought electronic bingo to Texas. I was originally introduced to electronic bingo over in MS, where I had helped to establish 5 bingo halls. I simply got tired of traveling over to MS and was intrigued with the opportunity to bring new technology to Texas. I also wrote the revision that loosened the restrictions on "Cardminders" during this past 1997 session. I own the largest bingo distributorship in Texas - Trend Gaming Systems. I do represent a competitor to AGTI (GameTech International GMTC). I do not want to misrepresent anything and any information I have provided is either in the public record, or is verifiable through industry sources. While I have opinions regarding an investment in AGTI, I have withheld those as I do not feel it appropriate to express them. Most likely you or others on the thread would be suspect of my motivations, which is not unreasonable. However, if I can provide industry information, that you can then check out yourself, then I so no problem.
Go back and review the AGTI press releases over the past couple years and you will understand why I felt the need to post. Investors have not been provided accurate industry information in the past, again as evidenced by the past press releases. According to those releases thousands of units have been placed, yet no revenues. Understand, some units were placed and then were removed. A good example is in MS. Bingo Rama and Bingo Depot, two of the largest halls in MS had AGTI, but replaced them with GameTech units. There are many other examples. If you don't believe me I can provide phone numbers. You need information to be able to evaualte the potential of the company. Given accurate info, you can be in a position to evaluate your investment risk and opportunity.
If you would like me to stop posting, I will honor your request.
tgs59 |
