To: Joe Copia who wrote (8325 ) 10/7/1998 7:42:00 AM From: Gator Read Replies (1) | Respond to of 25711
ETPI Corporate Update: Monday, October 05, 1998 From: Larry Tiller Re: ETPI: Update and Reasons to Buy Now ETPI is a fully reporting 20 year old worldwide company; stable & profitable; diversifying while expanding Only company in the world with the coveted AFNAF (Air Force Non-Appropriated Funds) military contract (this is the key to ETPI's military contracts and permits the company to enter into non-competitive bid agreements) Military invoices and receivables always get paid … eliminates write-offs To help with time frame problems (30 to sometimes 90 days) waiting on government checks a $600,000 revolving line of credit was signed Friday 25 September 1998 <BR> 25 September 1998 ETPI announced the renewal of six military contracts and signs Osan Air Base Korea to a new service agreement…with additional equipment and services worth over $700,000 (reflects good service to our military personnel and ETPI being in good standing with the U. S. Government) ETPI stock is very undervalued and a tremendous buy …low risk with exceptional profit potential ETPI stock has been over the $1.00 barrier twice in the last year…there is much less effort and resistance seeing this stock go from $.25 to $5.00 level than a $2.50 going the same percentage to $50.00 All major unfriendly blocks have been worked through and eliminated over the last year The investor/stock foundation for ETPI is being restructured to reflect stock brokers, as the majority of shareholders, being replaced by individual investors, thus helping with uncontrolled selling Friendly buying and selling helps to stabilize prices as they rise; gives consistency to the stock; reduces the roller coaster price effect; regains and instills investors confidence in ETPI stock In six months ETPI has acquired and/or merged with six (6)entities: Water Wonderland, Bronco Bowl, Two Chacho's Mexican Restaurants, Hero's Amusement Center, The Parks At Arlington; RedFish Island Bar & Grill was purchased previously Transition into the civilian sector has been very fast and pleasantly successful with new acquisitions holding their own financially Divisions: Vision Quest is virtually booked solid for base concerts November and December NiteLife Entertainment, the major core division of ETPI, as usual is doing very well and should show an increase over 1997: “growing while in a shrinking military market” Amusement centers are set for a highly profitable October – centers retrofitted with haunted houses for Halloween. Hero's has close to 50 parties booked for October Performance Sound & Light (PS&L) has new orders over $40,000 in the last several days ; revenues up 34% over previous quarter Restaurants (3): Over $20,000 revenue each weekend; Bronco Bowl is performing nicely; is a merger utilizing our unused equipment and splitting profits; ETPI has no liability or payments here Water Wonderland closed for the season Also hearing rumors (3rd party, so take it for what it's worth, actually getting this from post on Yahoo board) of huge meeting for ETPI Wednesday.