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Microcap & Penny Stocks : MDI Entertainment (MDIH) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (476)9/22/1999 8:57:00 PM
From: MDIH-Fan  Read Replies (1) | Respond to of 563
 
GREAT NEWS for MDIH!
Its the biggest news that will ever come out of this company ! Let me tell you the history of this deal.
First of all SCI-Games is a 250 million dollar a year company that trades on the NYSE.MDIH might have 25 employees Sci-games has hundreds.MDIH has done business with about 15 states and 1 foreign country.Sci-games does business with 28 states and 58 countries.I hope you are understanding this,but this is where it gets very interesting.MDIH will go to a state and if they are lucky sell a game or two and sometimes 3 games.They have no abilty to get into the war room where states plan their yearly games.Sci-games is the group that plans the games for the states so instead of being the cherry on top of the ice cream they can be the ice cream.The revenues from this which will take a quarter or two will be around 15-20 million a year.
About the convertable bond:Sci-games bought stock from some of the insiders and a few hundred thousand shares at 2 dollars a share thatiis it!
The problem has been MDIH has shareholders that dont understand or havent been able to get the information need.This will change and the flow of info will change .I expect to see news more often!
This news that just came out gets MDIH to the party with the big boys .The stock will take care of itself in a very short time.
After all is converted MDIH will have less than 9 million shares outstanding with less that 3-4 million in the float.We will see eps go down for a few quarters becase they are spending lots of money to get their web sites up and running and to get major brands so they can keep up their revenue growth.Also MDIH is looking a some companies(pooling of interest goes away at year end)So i expect to see a few mergers before the end of year.