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

To: TomR who wrote (3011)	6/18/1998 11:57:00 PM
From: Jerome Hay	Read Replies (1) \| Respond to of 4539

FOR WHAT IT'S WORTH... I spoke to Mr. Tom Neiman today... It was not a conversation where he gave me alot of hype or Ra Ra.. But that does not sem like the kind of guy he is at all! Perhaps that is very good for the future of this co. We went through the BS types with the old management and we can clearly see where that took us...straight down the shit hole! It is almost certain that this reverse split was for the purpose of obtaining the much needed financing for this co. Mr. Neiman did not directly say that to me, but it was not hard to determine this from my conversation with him. The financing will be coming (probably very, very shortly) and for ME to be saying that, i have to be quite convinced of that reality.. My sense of Mr. Nieman was that he was "stressed" at this point. He probably is getting a ton of calls (as we were speaking he had to put me on hold twice). I believe that he still sees a future for AGTI of growth, but he has to get this financing behind him.. It seems that there is a great deal of value in the prism patents as well as OTHER PATENTS (of which he could not elaborate at this point).. As far as "timetables" go for specific financing announcements, he would not say..but it obviously is within a short while.. So.. where do we stand?....Well, I, like Miriam's son feel very shitty tonight because on the 30th i will see my share amount go to 1/4 of what it is tonight... BUT.... If this was the solution that this co. needed to get financing and move forward on all it's various projects and opportunities, then so be it! The float will go down to a very respectable 30M, which is lower than a few years ago when this co. was strictly an R and D operation.. Do reverse splits work? Most definitely!.But only if the co. now does the right things to be profitable.... We shall see.. Good luck to all.... OVER and OUT (or should i say over and "in", for the long haul)

To: TomR who wrote (3011)	6/19/1998 2:09:00 AM
From: Frank Fontaine	Respond to of 4539

Hi Tom, While I'm not able to give Buy, Hold or sell advice I will say that I am going to hold at this time. I have been caught with three prior reverse splits and they did not work at all. The reason being that the companies did not have anything to back them up with. The share holders were just ripped off. If AGTI management has something solid to report which will support this split then 25% of almost nothing could become 25% of a very good thing. They need to have something substantial to report immediately upon the split taking place to protect the shareholder value. If they don't then I will quietly move on to other things. So far I have not sold a single share. At this time I am in a hold and watch attitude. Good Luck, Frank