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Microcap & Penny Stocks : ITOY - Imagin.Net and Virtual Games, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (86)	2/25/1999 10:25:00 AM
From: flyintigress	Respond to of 340

I don't know why Yahoo didn't put out the news. I was told the news was put out on AOL 2 hours before I even called! Since it's not out there yet, let me finish the two paragraphs of the release that will give everyone an idea of what Virtual Games is about: Virtual Games, Inc. has developed and fully-demonstrated a proprietary virtual reality immersion game platform called the VRX-633tm which allows players to visualize, manipulate and interact in a computer-generated artifical world. The product uniquely integrates in real time the elements of 6 degrees of mechanical freedom (including 360 degrees of horizontal rotation) with 3D dual-LCD display panels and 3D surround sound. The product uses the same proprietary flat panel color display technology presently in use on the Space Shuttle, and on Boeing 333 and F-16 fighter aircraft. Target markets for the VRX-633tm include large arcade equipment distributors and direct sales to entertainment centers, arcades, casinos and movie theater complexes. According to PlayMeter Magazine, the coin-operated entertainment industry annually grosses an estimated $16-billion worldwide. I was also told by ITOYs PR guy that a Virtual Game machine costs $19,000. The management is gone, but the original technical people from ITOY are still there. Sorry I didn't post the rest sooner. Hope this answers a few more questions. The phone number in my previous post is the one to use to ask questions. Right now BID-3/4 and ASK-7/8 with 38,000 shares presently traded. Most don't know about this news yet... Seems like a good move to me, although shareholders and others are always unpredictable. I'm am presently down over 20%, but will hold firm. Lets do some DD on this one and see what else we can find! flyintigress :)