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

To: Jerome Hay who wrote (3415)	7/13/1998 1:33:00 AM
From: Cannon	Respond to of 4539

Jerome, I can't say you're wrong as I have no more solid facts than anyone else on this board. We all know this is a small company with past management problems. These problems are no doubt very obvious to whatever financial institution the new management is dealing with right now. I strongly suspect that the only reason we are still in the running now is the new management and their backgrounds. Banks (and/or any legitimate financial group) will be looking for a strong business plan, a good product, and a STRONG and proven management team before allocating any funds. No doubt they are also demanding changes to the present structure (ie. reducing the outstanding shares?) . IMO the picture seems to show that they are getting all their ducks in a row to meet the demands by whatever institution they are dealing with. If you've ever tried to get financing for a business you know how difficult it can be, unless it is already well established. It can be a long, complicated process, but a management team with the experience these guys have should be able to overcome the hurdles. Hey, I could be wrong, it certainly wouldn't be the first time, but to me we appear to have an extremely professional team negotiating for us and I smell pending success. See you at the bell. Cheers, Randy