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Non-Tech : NORE - High Tech Bingo Equipment - Online Bingo -- Ignore unavailable to you. Want to Upgrade?

To: FARRIS who wrote (133)	12/31/1997 2:07:00 PM
From: Silicon Trader	Respond to of 7701

Hello Faris , I found this on the James Gagel report located at noramgaming.com OVERVIEW On April 22, 1996, Venezuela ended almost two years of foreign exchange controls, eliminating the single largest impediment to foreign investment. The government is now returning to the 1989-1993 trend toward privatizing, decentralizing, and deregulating the economy. Capital flight has been reigned in, inflation brought under control, the debt burden reduced, the financial sector stabilized, and special measures have been introduced to provide incentive for direct foreign investment in the non-petroleum sector. These elements provide for economic and political stability, and have been introducedinresponse to the crisis created by the statist policies of 1994-1995 Venezuela, with a population of 22 million, is 2 hours 45 minutes by air from Miami, making it a natural neighboring market for U.S. exports, which total about $4.5 billion per year. It has attracted the highest per capita of U.S. investment in South America. U.S.sales to Venezuela rose by almost 15 percent from 1994 to 1995, and are expected to continue to increase in response to the economic reforms of 1996. The largest single source of foreign investment in Venezuela is the United States, with 48% of the total.As the hemisphere's leading producer of petroleum, as well as the world's leading supplier of petroleum to the United States, Venezuela has the capacity to rebound quickly from crisis, as is being witnessed since the implementation of sound economic policies in 1996. Leading the recovery is the petroleum industry, which was opened to foreigninvestment in mid-1995, and will see $60 billion of investment in 1996-2005. I would like to hear from you more about the landscape and the conditions, such as the quality of the hotels,housing,maybe a comparison if possiable to a United States city. In my intial research i fought kicked scratched ,screamed , jumped up and down , and a good many arguments regarding this company back in January. The company was recommended to me by a friend in florida. One of the main things to me as i was force feed Info by my friend, what was becoming more appearent was that conditions in V-Land were not what i thought they were. In fact they sounded pretty nice .I have never been there.Ed zwallia(known as EZ on this thread ) said he planned on going at some point in january , and i look forward to his return if i am unable to make it. Ferris i have simply gone on the INFO available and post here in an effort to answer questions for people begining there research or trying to get a better handle on certain subjects. I for one am very much still in the learning process of the workings of things like the AutoCaller 2000 and the exact details of the Internet bingo software and other projects as well. This is why if is was to make a recommendation of any kind to a new investor , i would recommend a phone call to MR Zilba. Prepare the questions and post your findings back to the board . I am very comfortable with my investment in this company and have asked the same questions you have , but at the same time have not always been able to articulate my point as i intended it. This thread is about Noram Gaming not MRBIGAIR . I appreciate your input in advance thanks GONRAG MBA Jeff NorAm