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

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To: Don Rohner who wrote ()12/4/1996 12:30:00 PM
From: Slobeat   of 4539
 
Update, Phone Conversation with Brian of AGTI.

Hello, I just got off the phone with Brian of AGTI, and thought I would tell you the question and answers.

1. Was the quarterly report due in November done?
A. No. It was decided not to do the quarterly since they are
currently non-reporting. They decided to work on the annual
report instead.

2. Do they expect to be a full reporting company starting 1997?
A. Yes. the paperwork is in. So they will report the annual in
January.

3. The June 10th Press release stated they should have 8000-10000
Max Lites installed by end of 96. Is that on target?
A. No. they ran into design problems, they have about 1100
installed.

4. Do they expect to open the Comanche indian site in Lawton
Oklahoma?
A. Yes. It should open 1st quarter of 97.

Brian stated that at the rate of installation, they would be earning between $300,000 to $600,000 per month in the first
quarter of 97.

Regards,
Duane.
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