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To: Safe Cents who wrote (4076)4/1/1999 11:20:00 AM
From: wallstreeter  Respond to of 4767
 
Sounds like good news might be coming our way marcus. I think the acquisitions could give this stock the instant shock therapy that it needs.



To: Safe Cents who wrote (4076)4/1/1999 11:57:00 AM
From: clw  Respond to of 4767
 
For the record, here's the press release:

ETP ANNOUNCES CHACHO'S GRILL & CANTINA TO GET TV EXPOSURE

HOUSTON, April 1 /PRNewswire/ -- Entertainment Technologies & Programs,
Inc. (OTC Bulletin Board: ETPI), a fully integrated entertainment and
amusement gaming company, today announced that its Chacho's Mexican
Restaurants has been chosen as one of 15 premier restaurants in Houston
to be featured on the Discovery Dining Restaurant Review Show, a weekly
television series on KNWS-TV51, one of Houston's most powerful stations
and broadcast home of the Houston Astros. Chacho's will be profiled
every Friday morning at 9:00 a.m.

Discovery Dining provides a unique form of restaurant promotion that
has proven to be an extremely effective method of advertising for
several restaurants across the United States. Discovery Dining
professionally produces restaurant review shows highlighting select
area restaurants. After a great review of the restaurant and touring
it on video, viewers are given the chance to call in and win the
opportunity to purchase restaurant certificates at half price.
Discovery Dining's experience is that customer traffic is significantly
increased at featured restaurants by both the certificate winners as
well as regular viewers.

Chacho's, with two locations in the Houston area, has been awarded
several local Epicurean and showmanship awards, and its margaritas were
voted, "best margaritas on the lake."

Contact: Pete Cahill, Investor Relations, (281) 486-6061.
 SOURCE Entertainment Technologies & Programs, Inc.

-0- 04/01/99 /CONTACT: Pete Cahill,
Investor Relations, Entertainment Technologies & Programs, Inc.,
281-486-6061/



To: Safe Cents who wrote (4076)4/1/1999 1:48:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 4767
 
<Also, bank financing for one of ETPI's acquisitions should get final approval today.>

When ETPI first got into the restaurant business a year or so ago, these restaurants were supposed to be the cash cows that would fund the future empire of ETPI. Now every new plan we see is dependent on external financing. What's happened to the money flow from the cash cows?