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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: TJG who wrote (3783)6/16/1998 4:19:00 PM
From: DavidCG  Read Replies (3) of 4142
 
<<<<<OFF TOPIC>>>>> Since you guys are liquidating (well some of you)

Take a look at SPTK

SPTK: Spintek Gaming Technologies, Inc.

Profile:

Spintek Gaming Technologies is a California corporation based in Las Vegas, whose focus is the development, acquisition and marketing of diversified technology, including unique gaming industry products. Spintek offers a new standard of operational coin control with AccuSystem, which brings a new level of gaming device security and management information to the casino industry.

Web site: spintek.com

SPTK trades on the OTC:BB at .53 X .56

SPTK - Share info.

SPTK has 18,673,055 shares outstanding, with the following
shareholders:

6 directors and exec officers own 21.6%
3 large holders own 58.5%

This leaves a public float of under 2 million shares.

Why to buy short term:

The Nevada State Gaming Commission is watching Accuhoppers performance over a 30 day period currently at Sam's Club in Vegas (a casino). Currently it takes 2 people to sign a slip vs one in changing the hopper. SPTK's hope is that it can be reduced to one using this system.

Why to keep long term:

Basically read the news releases for the past 4 months at this one link:

newsalert.com

Notice, they are not only letting casino's "try before you buy" they are actually selling and installing these units to these casinos like Bally's.

They secured patents overseas as well. And as far as I know, they have no competition for their accuhopper system.

So we have a good product which casino's try first, and buy later. No competition. Patented technology here in the US and overseas. This company IS an SEC reporting OTC:BB. And contracts, contracts, contracts..They've signed them and they are installing machines
Look at the sheer number of machines they are installing this system on.. Literally thousands...

And finally, they are currently working on an interface with Bally's and IGT (the two largest suppliers of slot machines) so that NEW machines can be sold with this accuhopper system. As it currently is sold, it is an act alone type of device.

Alpha testing on the Bally interface starts in July.

Do your DD, and you will find this company severely undervalued.

I think this company will reach .75 - 1.00 in the short term.

Good Trading!

-DavidCG

PS. and no FBI investigations to date or other shenanigans
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