Advance Gaming Technologies Inc. (AGTI) Message Board

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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)

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To: PhinancialGuy who wrote (1723)	3/25/1998 10:34:00 PM
From: Zvi Yammer	Read Replies (1) of 4539

PG,, having me agree with your opinion won't win you many friends. But, what you don't see is what isn't there. I've been looking hard for a good penny stock to buy. And AGTI isn't the one for me. A dime dosen't seem like a lot of money. However, at the current rate there will probably be some 150 million+ shares issued and outstanding within the next 6-9 months. The SGT venture is a 50% venture whose initial AGTI investment will most likely swallow 75% of AGTI's available cash. Additional Revenues are non-existent. Now about this "profitable by the 4th Quarter" quote I'm sure it qualified by a "We hope to be..." But even if AGTI can earn 1.5 million dollars by getting sales somehow upto 13 million dollars within 12 months the Company would be worth maybe 50 million dollars or about 33 cents per share (PE of 30 and Price/Sales of 4:1). But most likely sales will be around the 2.5 million mark and earnings will be less than 100,000 which would give the comapny a value of less than 10 million dollars or around 6 cents per share on a fully diluted basis. But that's just my rationale, please choose to ignore it if it makes you feel uncomfortable.

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