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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Ken Fallon who wrote (4281)	5/19/1999 8:23:00 AM
From: Gator	Read Replies (2) \| Respond to of 4767

Ken and all, Still lurking around, haven't really been watching ETPI much lately because I'm not expecting to see good results until the 3rd and 4th qtrs (ending June and September). Don't forget that the 2nd qtr ending March includes expenses for the Waterpark without the benefit of a dime of revenue, and the winter quarters are slow for lakeside restaurants such as RedFish Island Grill. With the waterpark opening this month (I'm assuming they are still on target for Memorial Day) and warm weather here, I think we will finally get a guage on the profitability potential of the company. Regarding director compensation, they have to be paid something, and they obviously can't be paid cash because there's not enough free cash around. Question is, what do these directors bring to the table. That I truly do not know. If I were running this company, I'd consider looking around for some private Houston-based internet companies with strong potential that are looking to go public and reverse merge with them. That would give the internet company a listing, most likely boost the stock price considerably, and give the combined internet/ETPI company the underlying assets to qualify for larger market listing. Companies such as WorldLink (http://www.wl.net), a streaming media internet company based in Houston would be a great candidate (and it is entertainment related, which would fit in nicely). Problem is, I believe another Houston-based OTC-BB company, Pangea Petroleum (PAPO) is about to beat them to the punch, or so I'm hearing. Pangea has almost nothing to speak of as far as revenues and such, but has run up to $2 and will probably run much higher if the rumored deal goes thru. But, then again, I'm not running the company. Give them another quarter. If we don't see significant improvement for the 3rd qtr, then I think we can all be justified in moving on to hopefully greener pastures. Gator Disclosure: I have received 10,000 shares of restricted ETPI stock for providing various consulting services to the company.

To: Ken Fallon who wrote (4281)	5/19/1999 8:42:00 AM
From: Pennyslayer	Read Replies (2) \| Respond to of 4767

I don't see what everyone is so unhappy with. All Doug did was take his company public, make a ton of money for himself doing it, and totally forget about the shareholders. I have never had such a lack of communication and information from any company I ever invested in. Their PR department was a big joke and is totally useless. Now they have Marcus giving us info, what a joke. Hey wallstreeter, maybe it will be your turn next to be PR. But not to worry with Doug's attitude if things get real bad he could always add more shares to the company, maybe he could raise some good money and take home a nice bonus for himself. Must be nice the company is losing money and his salary is around $143,000 if im correct.

To: Ken Fallon who wrote (4281)	5/19/1999 1:19:00 PM
From: Master Blaster	Read Replies (1) \| Respond to of 4767

I would like to point out that three of the board of directors don't work for ETPI, but one of those that don't work now for ETPI is Doug's wife. And one represents the company that is raising the private placement money. So almost all of them are paid by ETPI, why do they also need paid as board of Directors? I believe if the truth was know you would find "Doug's compensation (pay) is more like .25 mil. Someone stated that someone is selling 500,000 shares, again you have to look at our best buddy "Doug". If you look at the 144 filings he sell 250,000 every quarter. Have you everyone