Sungold Gaming International (SGGNF) Message Board

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Non-Tech : Sungold Gaming International (SGGNF)

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To: coach137 who wrote (88)	2/2/1997 12:47:00 AM
From: Mayer Tchelebon	of 5164

They would have to have a deal with a major casino company and also a casino license before raising any money. The major casino operator will (presumably) also fund part of the construction costs. Also, $150M would not go very far. One project will cost $300M USD and the other $750M USD. In my opinion, the only way the stock would go up to $15 post-split is if they have both a deal and a casino license. I would be very surprised if all of this happens right after the annual meeting (only 9 days from now) but who knows, anything is possible. May the force be with SGI's management in pulling this off.

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