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To: David W. Tucker who wrote (236)1/7/1998 11:23:00 PM
From: Silicon Trader  Respond to of 7701
 
Dave you wont have to worry about it/ this is a FUTURE PROJECT and when it becomes closer to reality , you will understand it in a whole new light......

It isnt a bed of roses but there are other things not menitoned on that desription /

The project will surely be funded with " disposable Income " after the lottery is rollin rollin rollin ..

No sense even really getting into to many of the details on this project , at least for now .. It could be another COW if everything comes together on it.

GO NRAG MBA



To: David W. Tucker who wrote (236)1/8/1998 11:29:00 AM
From: Ed Pettee  Read Replies (1) | Respond to of 7701
 
David, I agree, we have eneough to be concerned about right now, without the problems that the internet gaming issue can bring. The current cash position of the company needs an infusion to help it get on track. I recall George commenting that he couldn't get too invoved in the 150 slots waiting for the legal hurdels to be cleared until he was in a better cash position. Also, that he was considering a plan with a certain bank to fund the repayment of the Video Machines over 5 years instead of the current plan which is 1 year, in order to free up more cash as the revenue starts coming in. All this says is that cash is very important at this time in the companies development.

I assume that if some of the VLT machines are up and running now, we should be hearing soon. I also assume our partner Sharp who has as much financial intrest in this as us must know how things are going.

My wife keeps talking about a trip to Aruba that I promised her, I see that its just a puddle jump over to Caracas from Aruba. Maybe I could get going and check out the operation for myself. I am sure Frederico Fernandez would welcome a Noram stockholder to view the operation.

GOOO NORAM..............