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


To: Orwell who wrote (2260)3/18/1999 12:51:00 AM
From: hammer  Read Replies (2) | Respond to of 2585
 
"So, HOW IS IT THAT GGNC, who only has one casino, has $7 million in sales for ONE MONTH?"

Remember that SNMM's revenue is the royalties they collect. GGNC lists total handle. I believe that also answers your second question. I do not know who writes their software. By virtue of their high handle and traffic they clearly are an industry leader - with acquisitions and new casino sights they will rapidly grow their handle even higher - remember they project 500 mill. first year in revenues.

Do I believe them? Yes. I think they would be fools to post false revenues for the past four months.