GLOW - Global Games, Inc. - Great Profit Potential ! Message Board

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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: TrumpCards who wrote (3927)	6/30/1998 6:17:00 PM
From: Double Dipper	Read Replies (3) of 8879

Has anyone spoken with Gary concerning Burnt Church lately? Was wondering if anything is going on regarding projected revenues or bringing that whole letter of intent to final agreement. ==== PR dated MAY 22 1998 ====== "This definitive Letter of Intent covers only the first phase of the gaming operations management which Burnt Church has offered to Global Games. Subsequent to signing a final agreement, Global Games anticipates collaborating with Burnt Church to manage other segments of their gaming operations. Total revenue projections from each segment of Global Games management of Burnt Church gaming operations will be forthcoming pending the signing of definitive agreements." We sure could use something to jump start our investments. I was also wondering about an announcement concerning the revenue start date that when the trial period started and stops and revenue begins. =========== MINNEAPOLIS--(BUSINESS WIRE)--June 10, 1998-- Global Games Corporation today announced the Company's beta test Bingo gaming site is now available at www.Vegas-Live.com. The new web site, Vegas-Live.com, will be used as a non-revenue beta test location for the next several weeks. At the end of this testing period, software developed by Global Games will be licensed to Internet Gaming Corporation (IGC) in Dominica, West Indies and Vegas-Live.com will be IGC's primary revenue gaming site. Global Games forecasts annual net revenue from its software sales to IGC will reach $10.3 million, and contribute $.20 EPS for Global's shareholders. IGC reports it will begin generating gaming revenues approximately July 31st. ======== Do we know if the vegas-live website and software meets the criteria specified/required by the agreement with IGC, in order for the revenues to begin on or about July 31st? Is this a done deal or are additional negotiations or contracts required to bring this one home? If anyone has already asked Gary these questions I would appreciate sharing the information, if not I can e-mail him the questions. I limit my questions to mangement because I dislike redundant questioning on the same topics. Kevin Kevin

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