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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: T.K. Allen who wrote (5650)	12/17/1997 9:18:00 AM
From: NewGun	Read Replies (2) \| Respond to of 10368

Looks like that we are going to have a gap up at the opening.

To: T.K. Allen who wrote (5650)	12/17/1997 9:22:00 AM
From: SE	Read Replies (1) \| Respond to of 10368

1. Will you detail how you arrived at $6,000/VGM minimum? The $6,000 figure came from the Nov Power Point presentation. It was laid out like so: Net Hold Per Machine Per Year $19,300 Annual Labor Costs $10,800 Annual Licenses/Other Costs $ 2,500 Pre-Tax Operating Profit Per Mach $ 6,000 The 19,300 was denoted as State average per machine. It also noted that company results exceed State average. Also in the warrant Q&A the company notes that pre-tax profit per machine is being $5,000 and $7,000. Further, I believe the Darlington route machines are roughly $19,300 gross and they split it 50-50% with the location. Therefore I believe they make considerably more than the $6,000 on the route machines, but I may be wrong on this point. I believe what I just stated about route machines was detailed in posts on this thread, and I have no other backing for it. See post #4073. GO PACK GO! -Scott