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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: TrumpCards who wrote (5432)7/30/1998 3:10:00 PM
From: Chris Noel  Read Replies (4) of 8879
 
I am looking for some clarification on the PR today. The PR mentions that the government is going to get $9,000,000 or roughly 10% of projected profits. It then mentions that GLOW will get paid by getting 10% of profits over 5 years. Which is correct? Or are both? If so, where is the extra 80% going? Somebody with more knowledge of this deal let me know.

I do have a concern over the projected profits that GLOW expects to make. How much wagering dollars would the site need in order to generate $90 million in profits? At least $250 million IMO. That would translate to over $20,000,000 per month in wagers. There are no casinos up and running even close to that number. Why will this site do so much better? The most profitable casino I have seen is from CRYP and it is netting about $10,000 per day. But it has taken some time to generate traffic and confidence at the sight.

Is the $90 million projected over 5 years or one?

Thanks in advance for any response.
Chris
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