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

To: Warlock who wrote (8519)	9/9/1998 4:03:00 PM
From: Due Diligence	Read Replies (1) \| Respond to of 8798

LGHT: Anyone following it? Up today on expected news.

To: Warlock who wrote (8519)	9/11/1998 2:22:00 PM
From: Gator	Read Replies (1) \| Respond to of 8798

ETPI selling 37% below book value ($0.17, is book value $0.27). Two consecutive quarters of positive earnings. Revenues and net assets increasing, looks very undervalued. 41,500 shares traded today, all buys. Was up to $1.18 earlier this year, has been hammered down despite nothing but improved financials and good news. Here's most recent news release: Entertainment Technologies & Programs Announces an Increase in Corporate Asset of 162% Over End of Year 1997 HOUSTON--(BUSINESS WIRE)--Aug. 24, 1998--Entertainment Technologies & Programs Inc.(OTC:ETPI - news), a fully integrated entertainment and amusement company, today announced that the quarter that ended 30 June 1998, reflected an increase of shareholder's equity of 162% over end of year 1997. This increase of corporate asset increases the company's book value to $.27 a share. Gross revenues were up 16% and gross profits were up 30% over same quarter last year with a 1% decrease of cost of goods. This is the 2nd quarter in a row the company posted a profit and showed a strong increase in shareholder equity. I also know that the company has been in contact with privately held Adventure Entertainment (http://www.adventurelanding.com). CEO of AE is Bob Steele, former CEO of Pepsi. Possibility of a merger with Steele becoming the CEO would send this stock flying. Gator