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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: David D. who wrote (43520)1/14/1999 4:32:00 PM
From: Gator  Read Replies (1) of 119973
 
They raised the ask on ETPI to $0.52 at the close, so it looks like a gapper for tomorrow. Company is best known for its Heros Family Entertainment Centers in Texas. I'm hearing that they are redeploying the games from their Arlington Mall site to two sites in Midland (one is the waterpark, the other one is new, profit sharing deal). This move will save them $375K/year in lease payments, without signicantly impacting revenues.

However, I think the excitement is being caused by their web sites for their other divisions. Performance Sound & Light opened a web site last month and I've heard it has been pretty successful so far (hoping to get an update on numbers). Web site is performance-s-l.com. Additionally, the company is opening a new site on Monday for their concert promotion division, Vision Quest Productions, which will allow them to promote their concerts and opens the door to more civilian concert promotions. It apparently will also have some tie-ins with record sales and related merchandise.

Gator
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