To: Wayne Rumball who wrote (3392 ) 12/17/1998 7:59:00 AM From: Gator Respond to of 12872
ETPI may have more good news out today, and even more is expected shortly. Also expect a full blown PR blitz in January once new PR group kicks in (Jeff Plank, GFC Communications). With all the recent activity at ETPI, perhaps we should give a quick overview of the company. This company has 5 entertainment divisions, each of which could stand alone as it's own successful company (hint for the future).Redfish Management: Owns/manages very successful restaurants in the Houston area, including the popular Redfish Island Bar & Grill and Chacho's Mexican Restaurants.Stargate: Owns/operates family entertainment centers, including 2 Hero's Family Fun Centers in Houston, 1 in the Parks in Arlington Mall, the Bronco Bowl in Dallas (http://www.broncobowl.com), and Wonderland Waterpark in Midland/Odessa.NiteLife Entertainment: ETPI has an exclusive Air Force Non-Appropriated Funds (AFNAF) contract, which allows them to provide services to the military in a non-competitive environment (i.e. they don't have to go thru a bidding process). NiteLife currently manages and provides entertainment for about 100 military clubs. This business is growing, with the Army's conversion of several of their clubs to a "Sports USA" format. NiteLife has already picked up contracts for three of these clubs, several more are expected. The Air Force is considering a similar format with "JR Rockers", which will be a Nascar-themed concept.Performance Sound & Light - PS&L is engaged in providing professional sound and lighting equipment to military clubs and others. This portion of the business is growing rapidly into the civilian sector. An on-line catalog is being launched shortly (by the end of the month). With their AFNAF contract, has a competitive advantage in that they are able to procure equipment at a much lower cost (military buying power/duty free). They have guaranteed low pricing. A recent news release stated that PS&L did over $100,000 in business which coincided with the opening of their web site (http://www.performance-s-l.com), which only had a handful of catalog items listed on the web site at the time.Vision Quest Productions - Vision Quest is the live concert promoting division within the ETP family. They have produced over 400 shows worldwide in the past 10 years. They focus primarily on promoting shows on military installations worldwide. ETPI is a fully report and profitable company currently listed on the OTC-BB. Gator