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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)
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To: tgs59 who wrote (2900)6/12/1998 8:53:00 PM
From: tgs59  Read Replies (1) of 4539
 
To All:

These two halls in Waco have had the BTC TED handsets for a long time, but wanted to add fixed units. Unfortunately these two small installs will not provide any real financial assistance to AGTI. The royalty is 15% of BTC's revenue, with the minimum royalty being $350,000 per year. At this point BTC is significantly short of revenues sufficient to produce the $350K minimum. BTC has quite a bit to go before they generate any incremental revenue above the minimum royalty.

tgs59
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