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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (1569)6/26/1998 10:33:00 PM
From: Psycho Killer  Respond to of 2232
 
Off-topic -- ETPI

Gator -- Thanks for the tip. I'll keep an eye on EPTI.

Clearly ETPI revenue is going to increase with the new centers it's opening, and the other deals it has going on.

What will hold me back from buying for now (unless there seems to be an opportune moment of momentum in the near future . . . ) is that I don't know much about the financing of EPTI's new operations. For example, how is EPTI paying for all the arcade machines it's installing? This info may be out there, but I haven't found it yet (after a very cursory look).

Assuming 5 million in revenue from all the new operations (although I don't know the basis for this estimate), we've got revenue of about 20 cents per share. If EPTI could end up with 25 percent of this after everything is said and done, we're talking a nickel a share (assuming about 25 million shares, which may end up being low if my quick read of posts on the EPTI thread is right). Not bad for a 63-cent stock, but I don't have a good sense of what costs and expenses will be eating into that (assumed) 5 million in revenue.

Also, I'm pretty new to penny stocks, and don't have the same comfort level with them (yet) as for regular stocks. Finally, hearing about the PR this guy "Dan" supposedly is dishing out makes me distrustful more than optimistic. The IR people I'm used to dealing with -- again, from bigger, established companies -- don't have that kind of salesman-like slickness (and perhaps sleaziness), and they don't hint at "good things" to come. The story about the 144 and the burned-down house and mix-up with a lawyer also has the ring of a tall tale, at least at first glance.

Anyway, thanks again for the tip on EPTI, and I imagine sooner or later you'll see me posting on that thread. You da man!

-- Jim