To: Gator who wrote (13 ) 9/20/1999 5:32:00 AM From: Safe Cents Read Replies (1) | Respond to of 29
Observations from The Las Vegas Gaming Expo Sept 14-16. The Las Vegas Convention center is huge, there must have been hundreds of trade show booths and exhibits. A large percentage of companies were traditional gaming. But the internet gaming service companies were definitely represented. I met people from all around the world and there were many individuals and companies that did seek out CasinoBuilders. I learned that CSNO is not an internet casino, instead they provide internet gaming services. Internet Casinos are a dime a dozen, I now get more spam email from casinos then I used to from porn sites. Gambling is a multi-billion dollar industry and it will prosper on the web. One thing I did notice and this is paramount, is that most online casinos all look alike. CasinoBuilders systems are unique. With the Avatar software and graphics systems CSNO can offer a totally unique online gaming experience. Sticktoitness, is how it has been described. If most online Casinos are PONG, CSNO is Super Nintendo . You can actually have online chats with other players on the casino sites. In the future you will be able to send the company a picture of yourself and you will see a 3D virtual reality image of yourself in the Casino. I also discovered that the Netherlands is, so far, the only country that regulates online gambling. This is where CSNO has their license parked. Many countries such as The Dominican Republic will grant a license, but do not regulate the business. Cheating and fraudulent activities abound. With some casinos you get paid in foreign currency. Not so with CSNO sites, you get American greenbacks. So CSNO has the best turn key online casino, yes but it is only the tip of the iceberg. The casinos will provide an annuity revenue stream. There is gambling and there will also be gaming, watch for that happening. E commerce will also be a big part of the companies growth plan. What is happening now is strategic partnerships, mergers and acquisitions. The Penny Bingo, Casinos, Lost Boys, Avatar, Millennium Partners and E Commerce will produce a heavy/steady revenue stream for the company. As with all internet businesses overhead is extrmely small. If CSNO can develop strong revenues PROFITS will not be far behind. I wouldn't be surprised to see a break even or even a penny or two a share when the next Q reports. Outstanding shares is 6 million and the public float is 3 million, with much of that actually locked up. Shorters have dropped the price from it's reverse merger into a clean shell, but once things get going, they will have to cover and the run upwards will be as quick as the drop. Again, all the acquisitions and partnerships CSNO has formed are cash cow, revenue producers. When I left the show Thursday afternoon, there were 6 potential orders for new casinos. CEO Andy Rupanner was employed with IBM from 1966 to 1992, one of his positions was Vice President of Business Development. He was also a VP at Home Depot. These are fantastic credentials for a COMPANY BUILDER not a poser. Usually a company will hire someone with credentials such as this as a CELEBRITY board member. We have the CEO so endowed here. CasinoBuilders is embarking on the Wall Mart method of business development. Find out what people want and give it to them. If this company is successful I will pay off my house. Other online casinos are NOT the competition, Microsoft and Amazon are. Time will tell if investors will hit the jackpot. I went to the show a skeptic and came away convinced. I have a group of friends and investors that follow my lead, I will now bring them into this company. Strong buy rec. FinancialSolutionsWeb.com has been paid 25,000 shares by CSNO for promotional services. Statements of fact are thought to be accurate. As always, investigate before you invest. SafeCents