Recommendation: Strong BUY
Entertainment Technologies & Programs, Inc. (http://etpinc.net)
A Global Entertainment Company
Trading Symbol: OTC: ETPI
Bid/Ask: $0.31/$0.38
Turn Around Opportunity: Revenue Breakout
ETPI is an emerging growth co. positioned for a dramatic revenue breakout in 1999. It completed more than six acquisitions in 12 months, doubling its asset base and laying the foundation for strong revenue growth in 1999. Each of ETPI's four divisions enjoyed rapid expansion in 1998, ending FY98 with record revenue in the final quarter. Like many public companies seeking exponential increases in revenue, 20 year old ETPI has introduced its products and services to the internet with strong results. ETPI presents a unique groundfloor opportunity. It benefits from the excitement of entertainment stocks and unlimited profit potential that has created the "dot.com" craze. A tough situation for the company and existing investors last fall now provides a compelling opportunity for those who enter at this level, as it is near the stock's historical low.
Corporate Overview
During 1998, ETPI used its proven experience in military entertainment to branch into the expansive commercial entertainment market. ETPI is actually four high-growth companies in one. Each division has a business plan for growth with a common goal: to provide top quality entertainment and maximize return on investment.
Performance Sound & Light
* A leading distributor of professional sound and lighting equipment
* Guaranteed lowest prices
* Recently introduced an e-commerce site at www.performance-s-l.com that provides an online catalog for viewing and ordering.
* Aggressive marketing campaign underway that is expected to dramatically increase revenues.
Stargate
* Fastest growing division; in 1998, Stargate acquired or opened three new family entertainment centers, including two Hero's Family Fun Centers in the Houston area and Wonderland Waterpark in Midland, Texas.
* Stargate will soon introduce a web site that offers interactive internet entertainment that complements its retail operations.
Redfish Management
* In 1998, Redfish acquired two Chacho's Mexican Cantinas to add to the popular Redfish Bar & Gril
* Increased market focus and growth initiatives, like food and beverage catering, add to revenues and profitability.
NiteLife
* Oldest division of ETPI, yet possibly the most exciting.
* ETPI has provided highly-profitable (net 30%) entertainment services to military personnel for more than 20 years, and during the last 5 years under a coveted Air Force Non-Appropriations Funds (AFNAF) contract which eliminates competitive bidding.
* ETPI operates 102 entertainment systems on nearly 70 military bases worldwide.
* Promotes concerts under Vision Quest Productions
* Entertained our troops on military bases with over 400 concerts in the last 5 years.
* Notable bookings include the Blue Oyster Cult, taking "Godzilla" tour to Japan in May of 1999; Jeffrey Osborne, with dates in Korea and Japan.
* Entered the civilian market by providing turn-key concert promotions in corporate venues.
* Recently opened a web site at www.etpinc.net/visionquest which includes on-line booking, schedule of events, and links for merchandise sales.
Investment Conclusion
ETPI is actively seeking and negotiating additional acquisitions. These factors will significantly and likely dramatically increase share valuation over the short and long term.
ETPI is not to be missed.
financialsolutionsweb.com
BUY ETPI up to $1.50 per share.
ETPI 281-486-6115
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