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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)
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To: Cannon who wrote (1649)3/25/1998 11:51:00 AM
From: Zvi Yammer  Read Replies (1) of 4539
 
I am reading this correct.

SGT will buy 5 million shares which is 5% of the outstanding which means that AGTI has approx 100,000,000 shares outstanding.

SGT and AGTI will form a new company which will be owned 50/50 by each partner.

So the effect of this partnership at $2 per share for AGTI will mean the new company has a value of (200 mil*2) 400 million dollars.

I believe that is a stretch !!..

Yes it is good news for the company but how high do you think the stock can realistically go?
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