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To: JIN CHUN who wrote (15598)5/7/1998 12:14:00 PM
From: Gator  Respond to of 27968
 
<off topic - only because our topic is so boring>

Entertainment Technologies & Programs Inc. Makes Announcement

HOUSTON--(BUSINESS WIRE)--May 7, 1998--Entertainment Technologies
& Programs Inc. (OTC Bulletin Board:ETPI) today reported insider buying by various officers and directors of the company. The reason cited is that the recent acquisition of additional funding and equipment makes the stock extremely undervalued at these levels.

The company is committed to a long term expansion plan in the civilian market for family entertainment centers. ETP is already benefiting from recent acquisitions of restaurants, which will assist in the growth and expansion of the company.

Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

CONTACT:

Entertainment Technologies & Programs Inc., Houston

Pete Cahill, 281/486-6061


Also note that the company has hired a new PR person. His last company that he did PR work for was GKIS (check out the chart).

Gator



To: JIN CHUN who wrote (15598)5/7/1998 12:17:00 PM
From: M. Murray  Respond to of 27968
 
Jin,
You left out Wexford Capital.

MM



To: JIN CHUN who wrote (15598)5/7/1998 12:27:00 PM
From: OpenSea  Read Replies (1) | Respond to of 27968
 
Jin, I don't recall any statement that ALL dilution was for acquisitions. When was that?



To: JIN CHUN who wrote (15598)5/7/1998 1:15:00 PM
From: Tod C  Respond to of 27968
 
"This whole thread needs Decaf IMO."

Now that was funny. Thanks for your DD. I'm still in and long
though not getting longer until some resolution with financials.

Tod