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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: MomentumMan who wrote (1809)1/21/1999 3:45:00 PM
From: King David  Read Replies (1) | Respond to of 2585
 
Old TTLN hands, please don't flame me. I have some real simple questions. I can't figure out what exactly one invests in when one buys TTLN. These news releases are rather convoluted. From what I can tell ...

1) TTLN is the ticker symbol for Intercapital Canada Ltee. Intercapital reported revenues for THEONLINECASINO.COM. But the release never says who owns the casino. Does Intercaptial Canada own THEONLINECASINO?

2) TTLN is one subsidiary of Total Entertainment. Total Entertainment also owns Online Software Inc., which licenses the gaming software to third parties. Does TTLN license the SW from Online Software?

3) The only statement I see as to what Intercapital (TTLN) does is that "Intercapital Canada Ltee. is an internet-based commercial service business providing secure automated transaction processing and proprietary software for internet clients. " What does that have to do with THEONLINECASINO or THEONLINESPORTSBOOK? Or how one can say that "TTLN NEWS OUT, $126,900 PROFIT IN DEC!!!" based on that description of what TTLN does? That profit is reported to be from the casino.

A bit confused, KD



To: MomentumMan who wrote (1809)1/22/1999 10:56:00 PM
From: Orwell  Read Replies (1) | Respond to of 2585
 
TTLN's "profit" is just "gross profit", not net profit/income. Also they provide no financial statements, if they are reporting for December, presumably that is some sort of quarter end, so why not just wait and report a quarterly statement? Anyway, I only have $ to make one pick, so it'll have to be GGNC. If graphic design means anything, GGNC is the best quality site. As for profits, I'm willing to wait a year if that means the company is re-investing every dime into advertising and promotion. The Amazon business model is the best, sacrifice early profits, but build you client base to the max, after that the cost of getting new customers (or causing them to switch) will prevent any new competitors getting into the game, then you drop your expenses, and--instant mega profits.

O.