Interesting metamorphis from clothing to gaming. As long as they deliver, how they got here means less to me.
I have talked with Anita - true, she is the PR firm but she's been available to answer questions each time I've called - can't say that about other Pennies I currently own.
They have published a business plan as of March 1998 with some insightful information - I know - call Anita for a copy. After reading it I did have some additional questions which I raised with her, she said an updated one was being prepared and should be out soon. Amongst all the skepticism which will naturally ocure in an unfound, untested Penny I think it is fair to conclude these three things:
1:BETT is testing an interesting pioneering Gaming device
2:If the test is positive, their first order is for 60,000 units
3:Last PR stated a hopeful 600 SWYW stations in use by this fall, if this is correct, each station is used 4/day @ $3 to BETT each time equals .26 cents per share estimated revenue with a good portion being income.
I recognize the risks of small pennies, new companies, at times inexperienced management, estimated growth curves which seem unrealistic, and a thread that now has a wopping 127 posts with very little DD. I also recognize the risk of this companies "Pie in the sky" stories - but they don't have to deliver too many pies to make this .15 cent baby move. Optimism alone will do that with a 4,500,000 float.
The opportunities seem great but I've only been watching this one for 5 days now. The more DD I have, the more I buy - hopefully though in time I will have bought all mine before the herd shows up.
Looking forward to working with everyone over the next months!
hammer
P.S. Please everyone, do you own math, I've always been teased about my math skills. |
