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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (466)	11/10/1997 6:56:00 PM
From: HG	Read Replies (2) \| Respond to of 1574

To all ACCYers, I have been watching this unfold with growing interest. Please understand I am not a naysayer nor do I hold a position at this time. As part of my DD I do have a few comments and questions that perhaps could be answered. First the easiest part of setting up a golf tournament is securing the course. Most courses both public and private would relish having a top flight golf tounament for the publicity and the revenue. The people who want it the least are the members themselves because it disrupts their routine for weeks before and during the tournament. So the golf course procurement is relatively easy, aside from pacifying the members. The hardest and perhaps the most important are securing sponsers, signing players, and securing a T.V. contract. $100,000 in whatever form is "chump change" compared to the total cost of the tournament, if in fact it is to be a World Class event that this thread is discussing. It generally takes a lot longer than three months to set a tournament of this nature up. Unless of course they already have enough verbal committments in hand. Consider that these events are already scheduled for 1998 The Doral Open - 1st Week in March The Honda Classic- 2nd Week in March The Bay Hill Classic- 3rd Week in March The Players Championship- 4th Week in March The Masters - 1st Week in April. With the exception of the Masters, that is played in Georgia, the others are all in Florida. To schedule a Tournament, of any significance, in Arizona during this time frame would be highly unlikely and very difficult to accomplish. To wrap up a T.V. contract between now and then, and secure sponsers would be extremely difficult unless it is already done. There can be only so much Golf Scheduled, obviously, because there are a limited number of opportunities to air it. A one day tounament, in my opinion, unless it had a really unique format would draw a minimum of interest and I would think very few top echelon players due to their already crowded schedules. Then there is shareholder value. Where is it coming from? Who is guaranteeing the prize money? Who is buying the T.V. time, if there is any? Is ACCY getting a percentage of the profit from the tournament? Are they being paid a percentage of the gate? Does anyone in this scenario have a guarantee? I agree, that the best thing this has going for it is Dave Marr's name. He is well respected both inside and outside the game of golf. These questions were not raised to disuade anyone from this company. They are merely questions I need to have answered before I invest. The idea is intriguing and I wish all of you the best. Golf is a Great and Growing Game! Regards, HG