TTLN Info.
My brother swaps e-mail with Lewis Taylor about once a week and what I understand is this: He mentioned the website upgrade a couple weeks ago and earnings are to be reported "first or second week in May." I expect it this week. He said that the rule of thumb for profits is 5% of revenue. I don't know where this figure comes from but I'll toss out a rumor of 23% increase in revenue going to be reported. The Dragoncasino.com debuts in China in June. Big deal? The Chinese love gambling. Their favorite wager is (get this) American little league baseball. Of course, any laws by the American Government won't be a concern in China but who knows what laws the Chineese will exact. They are applying for the Nasdaq listing in 3rd quarter and are confident (of course) of getting it. As far as price per share goes this company gets little or no respect. CASH company, 0 debt and minimal overhead. FED crackdown on illegal internet gambling sites and also some laws being put into motion against the online gambling sector are putting the spurs to all the gaming companies. I don't have a crystal ball but IMO the online gaming sector will receive the same attention e-commerce, online brokerages, internet banks...they all get their turn at the plate. Oh, also, the latest technology that TTLN is compliant with is a new device, the size of a gameboy, receives internet transmission via radiowave, like a cell phone that you can play virtual games with. Example, you're playing poker with four other guys on the internet. You each select how your player looks - hair color, clothes, etc. and you always know who you're playing with just by sight of the player....virtual reality getting closer and closer. I don't know when this technology is released but expect it as yet another announcement sometime this year. Apparently the Japanese are already using it.
I urge you to contact Lewis Taylor at Total Entertainment to validate these rumors. I will also start posting these e-mails as my brother forwards them to me. I'll search for a buying opportunity tomorrow, I'm shooting for 80 cents. I've bought and sold TTLN twice this year for OK gains, missed the big pop, I was on vacation. |
