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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?

To: sigmass who wrote (1298)	2/26/1998 5:59:00 AM
From: Brian H.	Respond to of 4539

Congress shall pass no law abriding the freedom of speech or the press. Hey kids, I spoke my heart. I think this announcement is taking too long. I've got a car for sale that pops out of reverse once in a while. I'm going to tell the next guy before I sell it, because I believe that honesty is the best policy. If I had a publicly traded company I would put out a news release everyday as do companies like Microsoft and Apple ect. Even if it's just that the boos smoked a cigarette and had a hamburger for lunch... Let people know what's going on... that is the best way and as far as I can see. Hardrocker, I love you man. You're a human being and I love you. I'm not the Associated Press... I'm just a "little man" so who cares what I said. I only wrote my perception. Well before I write anymore I'm not sure if I'm kicked off SI or what so I'll post now. If I am kicked off SI, I'll know that they are not an American company. Proud to be an American. Glad to be able to speak my mind (even if I'm wrong).... If I'm wrong who cares? You see this is what makes the US the best, that anybody csan have an hold an opinion and express it, even if wrong or inspired by a half liter of Vodka. Who cares? If I rocked the boat, then the better. Lets see some real news AGTI. I don't have to answer to anybody. I'm a free citizen of the greatest country in the world, and I have the right to say whatever I want as long as I don't make overt threats. Respond to me instead... what is the insider selling all about? Answer that.... Prove me wrong AGTI so I can get my money back and bail.

To: sigmass who wrote (1298)	2/26/1998 8:56:00 AM
From: Bulgar	Read Replies (1) \| Respond to of 4539

Thanks to the following poster from AOL for putting the forum interview together...here it is for those who can't link with AOL...very positive...Credit Davidcg580 for this easier to read modified version... Note...I just noticed after I did the paste that Hunziker's name and the names of people asking questions didn't copy from the paste...sorry for the inconvenience... <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< Session Start: Wed Feb 25 18:07:03 1998 * Logging #agti to 'agti.log' [18:10] You sent us some questions to answer, we will take them in the order they were sent [18:10] Welcome Bob [18:11] No. 1 question re details about Camel Rock Casino product and useage. AGTI has 20 Maxplus and 50 Maxlites at Camel Rock. Useage runs 90% on the Maxplus and 75 to 80% on the MaxLite. [18:12] Question No. 2 re percentage of revenues from leasing software and leasing machines. [18:12] The Company's goal is to lease its technology because it is the most cost effective way to put it in the market. [18:12] Sorry, we have no percentage breakdown at this point. [18:13] Question 3 Are there any institutions or mutual funds that contacted you re new CEO and their impression. [18:13] Yes. We have had positive response from some private fund managers, many of whom own shares of our stock. [18:13] But no response from public mutual fund managers. [18:14] No. 4 I understand Tom Nieman did a lot of due diligence before joining AGT. [18:14] What did he look at? And why did he feel the company is the one he wanted to be with. [18:14] He contacted industry leaders, he talked to publishers of trade journals. [18:14] He studied public filings, and did an in-depth research of the industry. [18:15] He further concluded that the electronic gaming industry for bingo is in its infancy and has compared it to the casino industry 15 years ago. [18:15] He feels that as the Class II gaming segement matures it will move on the radar screen of both the consumer, investor and the financial community. [18:16] Question 5 Pre release press release done today. [18:17] Was it approved by NASDAQ? No, Company's do not clear press releases with market exchange authorities. [18:17] Question 6 Tom Nieman's number 1 priority as new CEO. [18:17] Primary goal for 1998, is to turn an operational profit. [18:18] This will be accomplished by targeting the initial revenue generators and maximizing their potential in the short term. [18:18] In addition, we will get control of the expense side of the ledger and bring it into balance. [18:18] Question 7 - we can't read. [18:18] Question 8 - what has caused the delay in BTC signing. [18:19] The scope of the BTC deal increased beyond a mere licensing agreement and progressed to include the acquisition of facilities and the employment of people. [18:20] Quesetion 9 Loss of shareholder confidence due to delays in promises. [18:20] AGT's policy in regard to communication with shareholders and/or the consumer in general, will be to provide full and complete information in regard to events that have happened, and we will severly limit the leakage of information relative to what may happen., [18:21] Question 10 Production capacity for BTC to produce MAXPLUS. [18:21] We cannot answer, this is a question for BTC. [18:22] Question 11 Discuss various revenue components coming on-line in 1998. [18:22] The primary revenue generators that we feel will impact 1998, are the exploitation of the MAXPLUS and TurboMAX by BTC in the U.S. [18:23] Next, will be the MAXLITE hand held units distributed in the U.S. by our strategic partners. [18:24] Next, will be the ramp-up of our PartiMAX hand held unit in the United Kingdom in cooperation with the Edward Thompson Group. [18:24] And finally, we will finish the development and target a launch of Sonic Bingo, our progressive linked speed bingo game with our strategic partner in the 2nd half of 1998. [18:25] We have received more than one question on profit and revenue projections. [18:25] Tom Nieman.....we are in the process of finalizing our restructuring and the development of our going forward business plan. [18:25] The details of our revenue projections and timeline, will be made available at our annual meeting of Shareholders. [18:26] Does anybody have any questions? [18:27] hello....hello [18:28] Does anybody have a question.....we will be signing off in two minutes if there are no futher questions. [18:28] yes [18:28] Thanks for coming in again Bob [18:29] Bob can you tell us when the next shareholders meeting will be? [18:29] now can this be seen? [18:29] We have unmoderated the channel. Are there any questions [18:29] -m means not moderated i assume [18:29] When is the next shareholder meeting? [18:29] Bob - what % of your company is owned by shareholders? [18:29] yes [18:30] so all answers to our questions are yes?? [18:31] Bob - are you here? [18:31] let him catch up Rossi [18:31] During Q2 [18:31] :) [18:31] Tell us about the significance of BTC as the market leader coming to AGTI [18:32] 100% [18:33] Bob - does 100% mean that no % of the company is closely held? [18:33] what else could I say, but 100%, please define your question. [18:33] yes [18:33] and so is Tom Nieman [18:35] It is a valadation of AGTI's fixed base bingo unit, MAXPLUS and our speed software TurboMAX. [18:36] Please note answers from AGT are from Tom Nieman and Bob Hunziker. [18:36] thank you Bob for letting us know you are both here :) [18:36] at this stock price a reverse split is only logical. Can u pls make a comment on that [18:37] The answer is no, further there is closely held stock. But I don't have a percentage figure at this moment. We will however, publish a percentage of insider held stock in our proxy statement for the annual meeting of shareholders. [18:39] The company has no intention of reversing its stock until fundamentals of the company provide a strong platform for a reverse. [18:40] when and were is the stock holders meeting? [18:41] Why was there a pre-release, simply to appease shareholders or to stop the slide in stock price? [18:41] WE have not decided on a location as of yet but are targeting the 2nd quarter of 1998 for Shareholder Meeting. [18:41] I guess noone has asked it here.... Bob, I'm very upset you said news was coming in hours vs. days on Thursday. It has been six days and no news. Why did you put a time frame on it at all? and especially hours? [18:41] To satisfy shareholders inquiries. [18:42] I made a mistake on the Net, and should not have said hours... it was the first time on the NET and I thought the question was referencing [18:43] our completion of the agreement not the execution. [18:43] But I also requested Darlene to please apologize for me the next morning. [18:43] How many paid employees do we now have at the company? [18:43] Corporate policy at AGT will be not to broadcast upcoming press releases. [18:44] There are 44 paid employees. [18:45] Do have a game plan for reaching NASDAQ listing? [18:45] LBI have not been timely in returning phone calls is this going to be our main source of information? And if so can you inform them that their info is inadequate! [18:45] What should shareholder focus on to give them confidence of this companies growth? [18:45] That is under consideration. But we cannot comment further at thistime. [18:47] LBI is one of our sources of dissemnation of public information. And, they have only been on stream for two weeks. Give them a chance. [18:48] Bob - when you answer, it is hard to tell which question you are referencing....what "is under consideration?" [18:48] We will work diligently to focus LBI on AGT's outlook. [18:48] Charger Nasdaq listing [18:48] Focus on the technology and the Company's ability to put it into the market in the most expeditious and cost effective manner. [18:49] I'll post them as I read them [18:49] Are any class III liscense going to be sought by AGTI in the future? [18:50] Class III opportunities are still being identified and defined. Due to rigerous compliance applications they are not in the 1998 business plan. [18:50] Question: I believe 2 weeks ago there were 90 million shares outstanding and then last thursday you reported 105 million shares outstanding. Are we still at that 105 million figure? [18:51] According to the transaction journal of January 31, 1998 there were 105 million shares issued and outstanding. [18:52] who are the strategic partners for Sonic Bingo, and MAXLITE? [18:53] Consistent with our policy of reporting the facts, we are not in a position today to identify those companies who we feel could be our strategic partners in either of these projects. [18:53] Was the dilution from 90 mill shares to 105 mill shares a compensation to Neiman, and do you contemplate issuing the balance of the 45 mill still authorized as outstanding and if so when? [18:54] Bob, am I going to get rich off of this stock? If so, when? [18:54] :) [18:54] No, the issuance of stock from 90 to 105 million shares, was for conversion of convertible debentures that have previously financed the company. [18:54] Is it a possibility that BTC will tender an offer for AGTI after this agreement is complete and if so what would AGTI's response be? [18:56] We have no way of knowing what BTC's intentions are. The final decision lays with the shareholders in the event a tender would be offered. [18:56] All conversions have now stopped correct [18:57] What conversions are you referring to? [18:58] debendutures [18:58] Tom have you come on Board solely for the restrucuring or have you come to AGTI to retire from the company? [18:58] How many conversations of different instruments are out there then? [18:58] Tom.... my decision to accept the position at AGT is a long term commitment. [18:59] conversions of convertible debentures [19:00] Tom, how about a state of the union type speech either on your web site or in a news release. Surely you must have some idea where you want this company to go -why not spell out the short and long term goals publically? [19:03] There will be a letter from the CEO of the Company and released through the internet during the first week of March addressing these issues [19:00] As per the press release, all Reg S debenture holders as referred to previously have been advised that no further conversions are allowed and that any communication is to be dealt with through our attorneys and AGT reserves the right on a special circumstancial basis to honour conversions. [19:01] What is AGTI's position as far as debt and ongoing financing of the company? How will you finance the company from now on if not by dilution of shares? [19:02] The Company will be financed through debt and through participation in special projects and licensing fees, and equity on a limited basis. [19:03] we are running into a time problem [19:04] Last question [19:04] Tom- what part did you play in bringing the world PAC MAN? [19:04] Tom what is your #1 concern for agti? [19:05] I was Vice President of Sales & Marketing of Bally Midway Coin Op Division in Chicago at the time of release of the Pacman arcade game. [19:05] I was instrumental in the products launch and ramp up in North America and other key international markets. [19:06] I also was instrumental in the cross-licensing of Pacman in hundreds of consumer products. [19:06] Thank you for your time Tom and Bob [19:06] Thank you for the opportunity and support. [19:06] thanks Bob.. Tom [19:07] THANKS GUYS [19:07] We will chat again through the coordination of Darlene at another time. [19:07] come back to #investorsforum for discussion Session Close: Wed Feb 25 19:13:49 1998 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<