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

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To: Brian H. who wrote (3228)6/29/1998 12:39:00 PM
From: John T. Hardee  Read Replies (1) of 4539
 
If they reverse split , the new shares will be down 50% or better in the first week + they will increase the share outstanding in private placements + sent out some Reg s shares. At best we could see AGTI new shares selling for .10 to .18 cents. Right now those people which have avg cost of .88 cents would have to see AGTI at $35 or better to break even after a reverse. This big shot company lives off of selling the shares and has been doing so since they started. AGTI posted word was we should see profit in about 3 qtrs and they have been saying this for 4 + years. I gave up calling them, Some common answers were , dont't feel sorry, My shares are down also . I am losing just as much money as you are, but we expect profit in the next qtr.

What ever happened to the deal in England and all the unit on order which were to make money. There were to be 5000 units placed back in early 1997. You need to have rubber hip boots on when you read about the old glory stories AGTI has made public. I got Fax messages going back to 1993 . .
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