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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA
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To: Jerry Silver who wrote (447)10/2/1998 2:24:00 PM
From: Ken Sammut  Read Replies (1) of 1622
 
Hey Jerry,

Thanks for taking the time to call Jonathan. After years of not having anyone to speak with at the company, it is nice to have someone there.

No one should take what he says as 100% gospel but at least now we can get some input on what is happening.

Ken

PS Once the financing is in place for the Gammarth casino, Jonathan will be bringing in European Marketers who understand the junket market.

Once secured the financing will allow NUOA to set a target date for the casino opening. The junket companies can then plan accordingly.

The huge commercial area can also be finished as well as the villas. Gammarth is where many of the wealthy live in Tunisia. The area is starved for entertainment, fine dinning, and a commercial plaza.

There are a number of expensive (for Tunisia) homes being built directly across from the hotel.

One of the evenings my wife and I were there, the hotel had a very simple 4 member band playing in the lounge area. The entire lobby was filled with local people just to see a small band. We were amazed.

The Tunisians cannot gamble but they can take advantage of the beautiful restaurant/lounge and theater that is located inside the casino building.

The financing also provides the company the extra liquidity it needs so it can pay it's vendors/marketers in cash and not stock.

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