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 : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (2980)	6/5/1998 2:47:00 PM
From: purecntry5	Read Replies (3) \| Respond to of 8798

Attention MOMO people...check out IBET...profitable, fully reporting and a float of 200K, news due anyday regarding the settlement with Prime. Buy the float for a mere ~$100,000 and set your price! €á

To: Andrew H who wrote (2980)	6/5/1998 3:08:00 PM
From: Gator	Read Replies (1) \| Respond to of 8798

Details on ETPI. (as of 1st quarter ending March -- on Edgar). Revenues $1,352,601 Net Income $42,217 Outstanding Shares: 24,942,321 Shares in Float: Between 9 and 12 million. 1st qtr numbers reflect only about a month of recently acquired Hero's Entertainment Center and 2 weeks of Chacho's TexMex restaurant. ETPI - Entertainment Technologies & Programs has been a Government approved supplier of entertainment services on U.S. Military bases worldwide for five years. The company has an Air Force Non-Appropriated Funds contract (which means they have a non-compete/no-bid deal for their services). They are now using their experience to branch out to the civilian market. Their first acquisition was Redfish Island Grill (I think this was late last year). Kind of a parrothead hangout on the water in Houston. Very popular. Their second acquisition in February was Hero's Family Fun Center, which is a very large electronic gaming/laser tag/batting cage establishment in Houston. Their third acquisition in March was Chacho's TexMex restaurants (two locations in Houston). One location had adjacent property where they will soon open (by end of month) another Hero's. They just signed a lease for 11,000 sq ft in "The Parks at Arlington Mall" for another Hero's location (in Dallas). Broker walk-thru I believe is today or this weekend. Should be open by next week. Average mall revenue is around $400 per sq ft. This week, they announced the signing of yet another contract to manage a 13,000 sq ft. Hero's entertainment center inside the Bronco Bowl (http://www.broncobowl.com). The entertainment centers are highly profitable (up to 80% gross profit margin in Houston sites, about 50% in mall location, and 25% in Bronco Bowl). Company has supplied games to these locations from a fire sale where they picked up $1.4 million dollars worth of games/laser tag equipment from Q-Zar bankruptcy sale for 50 cents on the dollar. Company plans on doubling the number of centers they have each quarter. Profit margins and sales have increased dramatically in the initial Hero's in Houston and the restaurants. A lot of this has to do with the fact that they are using retired military personnel that previously managed their military sites to bring the same discipline in to the civilian sites. All numbers and news can be looked up in Yahoo, Edgar (they are reporting) and the ETPI thread. Company expects to report profitability for 2nd quarter and all subsequent quarters. Rumors/Speculation: - Company has already been in discussion with Amex regarding a listing. They do meet all requirements except stock price and have taken markdowns to assets to comply with Amex auditors. - Dan Telles is the new PR/IR guy for ETPI. Recently came from GKIS, where he took them from BB to Amex in less than 6 months (under a buck to over $8). Plans on bringing in the same investors into ETPI. - Rumored that Teamsters Pension Fund may be interested in investing. This one is unconfirmed. That's about it for now, Andrew. Sorry for being snide. What do you expect, I'm a reptile! Gator