Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey A. Brommer who wrote (69)	4/16/1998 10:15:00 AM
From: Trooper	Respond to of 4767

HOLY SMOKES!!!! Checked with Bruce at PR. Story is true!!! This is too good to be true! 10 bagger for sure now!

To: Jeffrey A. Brommer who wrote (69)	4/16/1998 10:16:00 AM
From: Gator	Read Replies (1) \| Respond to of 4767

Also spoke to company this morning. 10K is on Edgar today. On first appearance it doesn't look like much, but when you dig into the numbers, some very positive things pop out: - Numbers do not include recently acquired Hero's and Chacho's. - Assets are down, but that is because they are being required to take certain write-downs on assets by Amex. This is an accounting exercise, nothing physical has changed with their asset base. - Debt is down. - Revenue drop-off decreased in 4th quarter (traditionally their slowest quarter) compared to previous quarters. Revenue decrease is buy design, as they shifted the company from remote gaming locations to central family entertainment centers. From my discussion this morning... Regarding the 1st quarter: - Company will be "HUGE" in the black - Amex is visiting tomorrow with the company to review audited numbers and discuss conditional listing. They may require additional write-downs to assets, but this will not be a big deal. Amex listing could occur within 60 days. - With Hero's and Chacho's acquisitions adding $7,000,000 in assets, the company will have well over 10 million in assets. - A very large line of bank credit (15-year, favorable terms) may be announced shortly (within 10 days?). This will enable the company to fund expansion, pay off high-interest debt (which they have very little of) and pay off one loan that has 2,000,000 shares of stock secured as collateral. This will reduce the float by 2,000,000. - Announcement today regarding phenomenal improvement in Hero's numbers. Company is looking for $2 very short term, $5-$6 dollars when numbers are out. Amex listing will be huge for increasing liquidity and investor interest (including institutions) and makes the stock marginable and provides alternatives for financing. Congrats to all that are currently in. Plenty of room left for those who aren't. Gator