TableTrac Inc (TBTC)

[Bob22701]

TBTC could be an attractive target for acquisition by larger casino gaming manufacturers.

GLTA
Bob

[Bob22701]

TBTC Provides backend accounting services for Indian casinos.

GLTA
Bob

[Bob22701]

TBTC Company Website:

Website Link

[Bob22701]

TBTC Latest 10-Q

10-Q Link

[mrbizzard]

TBTC News

[MARKetTIME]

Table Trac, Inc. to Report Fiscal 2011 Third Quarter Results on November 14th and Host Conference Call
MINNETONKA, Minn., Nov. 7, 2011 /PRNewswire/ -- Table Trac, Inc. (OTCQB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced today that it will release financial results for the period ended September 30, 2011, its fiscal 2011 third quarter, on Monday, November 14. It will also host a conference call beginning at 4:30 p.m. EST (3:30 p.m. CT) that day. The call is open to the general public.

The conference call number is 877-652-0046 domestic or 706-679-3897 international. The conference ID code is 25971214. Please call five minutes prior to the call to ensure that you are connected. Following the call, the conference call will be available on Table Trac's website (www.tabletrac.com).

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as the Caribbean. More information is available at http://www.tabletrac.com/.

Forward Looking Statements

Statements made in this press release, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute "forward-looking statements" within the meaning of the federal securities laws. These certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by words like "strategy," "expects," "plans," "believes," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.

For further information on factors that could impact Table Trac and statements contained in this press release, reference should be made to Table Trac's filings with the Securities and Exchange Commission, including quarterly reports on Forms 10-Q, current reports on Form 8-K and annual reports on Form 10-K. You can access such filings at http://www.sec.gov.

For More Information

Bob Siqveland
Director of Corporate Compliance and Investor Relations
Table Trac, Inc.
Phone: [phone]

SOURCE Table Trac, Inc.





Source: PR Newswire (November 7, 2011 - 5:44 PM EST)

News by QuoteMedia

[mrbizzard]

looks like this 1 is heating up..

[Nilbud]

Listen to my interview with Exec VP Glenn Goulet, of Table Trac $TBTC.OB On StockGoodies Radio http://www.stockgoodies.com/page/Radio Right now

[$BL$]

Backlog


The Company’s backlog generally consists of future system installations and expansion of offerings for currently installed and supported systems. These expanded offerings can include kiosks, in-casino broadcast advertising, and electronic marketing to casino patrons.


The Company has four Casino Trac Systems in its backlog; two were in process at June 30, 2010.


The Company is currently working with gaming establishments in eight US states, as well as countries in Central and South America to purchase new systems and expand service offerings for existing customers.

[$BL$]

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. develops and sells casino information and management systems. The company provides system sales, installation, training, as well as license and technical support to casinos. The company has systems installed in North, South, and Central America.

[$BL$]

i will check monday

[$BL$]

casinos need these people

[$BL$]

i will find out

[$BL$]

they still in business

[di4]

Table Trac Inc. Expands Systems Contract at Fort Sill Apache Casino
Jun 4, 2009 1:01:00 PM


Email Story Discuss on ZenoBank

View Additional Profiles
MINNEAPOLIS, June 4 /PRNewswire-FirstCall/ -- Table Trac, Inc. (OTC Bulletin Board: TBTC.OB), is pleased to announce that it has received an order nearly doubling the size of the Casino Trac system installation at the new Fort Sill Apache Casino. "Adding a stunning renovation, multi-level expansion, with elements such as escalators and a glass elevator to their well-known commitment to customer service, tribal chair Jeff Houser; general manager Darrell Nott; the management team; and the Fort Sill Apache Tribe deserve credit for creating a stellar gaming showplace in central Oklahoma," says Table Trac, Inc. President & CEO, Chad Hoehne.


The Fort Sill Apache Casino has been a Table Trac customer since April of 2007.


About Table Trac, Inc. - www.tabletrac.com

Table Trac, based in Minnetonka, MN, has developed a patented real-time system that automates and monitors the operations of casino gaming tables. It provides casino management with comprehensive information including linking table games activity seamlessly into an automated environment that provides instant information about the entire casino's table gaming status, along with slot machine play, players club, accounting, banking, and games security.


Some statements contained herein are forward-looking statements. The company's actual results may vary materially from the forward-looking statements made above due to important factors including, but not limited to, variability of order flow, future economic conditions, competitive products and pricing, new product development, the delivery of product under existing contracts, and other factors. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements made above is contained in the following documents on file with the U.S. Securities and Exchange Commission: the company's Registration Statement on Form SB-10, filed January 13, 2000; its Form 10-K for the year ended December 31, 2008; and Quarter Reports for 2009 on Form 10-Q.





SOURCE Table Trac, Inc.



----------------------------------------------
Chad Hoehne
President of Table Trac
Inc.
[phone]

[gilead23]

2 new casino deals

Thats 3 in the last couple weeks. Very nice

http://biz.yahoo.com/prnews/071218/aqtu116.html?.v=32

[gilead23]

New contract announced in OK

Small casino but it is good to see deals are still being announced.

http://biz.yahoo.com/prnews/071207/aqf062.html?.v=23

[gilead23]

OK earnings out by monday

Swagging .09-.10 and if Im right I say the stock goes to 5+

[gilead23]

Earnings should be out this week

I am figuring .09 a share. Could of course be higher or lower but the short trend is that they are filling a higher percentage of their backlog even as it is going up

If you at the last 2 Q's

 
 Backlog      Sales      % of backlog 
 1.2 mill     294k       25 
 1.6 mill     884k       55 
 

If that holds at 55% they would increase their revenue to 1.3 million this quarter.

That would likely lead to an extra 300k gross and probably .03 to .04 on the bottom line.

I am figuring that .09-.10 range would do alot for the stock price especially if backlog is up yet again.

[littlefish]

That was an amazing pop and shows just how tight those shares are held! Gonna be tough for me to build a position if I get my DD done properly and like it. So how do you get that 'tec' chnaged LOL? Can't Admin help you on that one?
Good luck. Amazing pop. Wish I owned more than a small chunk.

[gilead23]

New 52 week high

Ran as high as 5.00. You had to know it wouldn't stay there but at 4.00 it still looks pretty dang good.

Cheap low float and fantastic growth. Earnings should be exciting.

[littlefish]

LOL, they did say they were looking to move to Naz eventually. Maybe you could mention a name change for them to fit into the Naz mold :)? Maybe the symbol (TBTC) and the hard consonants of Tabletec vs soft 'R' in Tabletrac has something to do with it.

[gilead23]

Good question

Im not sure where they hooked up originally. I still call the stupid thing tabetec in about every other post. I guess thats what I want the name to be.

[littlefish]

gilead, hah that is funny (Tabletec). I'm probably going to be joining you on this one. I like mngnmnt taking care of company $ (although CEO's salary is a bit high for me compared to revs/sales, but hopefully revs will make that a much smaller point moving forward). They have some significant contract growth that should start to show and build going forward.

Any idea how Siqveland and Hoehne met? I'd be curious how they teamed up (maybe Siqveland saw potential and latched on?). I may try to reach them in a week or two when my schedule lightens up a bit. Looks like the growth is starting to push in for them.

[gilead23]

Thunderbird appears to be doing well

at least 5 casinos planned in the next 2 years.
http://www.thunderbirdresorts.com/ThunderbirdSiteAssets/files/press_releases-en/pr_20070829.pdf

Thunderbird is also raising more cash 200 million to be specific
http://www.thunderbirdresorts.com/ThunderbirdSiteAssets/files/press_releases-en/pr_20071017.pdf

They already have an exclusive deal with thunderbird for tabletec systems and thunderbird already has over 30 casinos.

My guess is tabletrac will be in all of their casinos eventually so they should provide a large revenue stream for years to come.

[gilead23]

Got within .02 of a 52 week high today

Bid has firmed up at 2.92. Of course with something this thinly traded anything can happen next but we look to be in good shape to hit a new 52 week high

[gilead23]

PR this afternoon

Definitely a puff piece and I hate these kind of PR's but it outlines the positives we are already well aware of. The underlying article might garner them some local attention as well.

Too bad that underlying article is only available to paid subscribers. Anyone have a subscription?

http://twincities.bizjournals.com/twincities/stories/2007/10/08/focus3.html

MINNEAPOLIS, Oct. 8 /PRNewswire-FirstCall/ -- Table Trac, Inc. (OTC Bulletin Board: TBTC - News), a Gaming Systems provider to small and mid-sized casinos, is pleased to announce that it has achieved the #1 rating in the Minneapolis St. Paul Business Journal's annual Top 50 small public company performance list. Minneapolis St. Paul Business Journal a premier Minnesota Business Journal, from American City Business Journals, the nation's largest publisher of metropolitan business newspapers

In order to earn the number one ranking, Table Trac had to achieve the highest aggregate ratings in the following five categories: Percent Revenue Growth, in the first six months of 2007 compared to 2006, Dollar Revenue Growth, actual dollar increase, Percent Income Growth, or six month income increase from prior year, Return on Revenue, and Total Return to Shareholders.

A newcomer to the list, Table Trac Inc. made its debut on the Small 50 Public list at number 1, with a strong showing in all five categories. View the article at http://twincities.bizjournals.com/twincities/stories/2007/10/08/focus3.html

[gilead23]

Guess I'll have to keep posting the trading action

Until we get more chatter here anyway

Hit a 52wk high on friday. Volume was light but still good to see. Perhaps they will do 1.5 million or so in revs next quarter and earn .12 or so. That might get some chatter going.

[gilead23]

Well volume dried up today but still holding in that higher price range.

Wouldn't take too much to move it either way but it seems like a win win

It goes down I buy more and wait
It goes up I have enough shares and I am money ahead

Can't wait for the next Quarterly report

[gilead23]

TBTC spoke with management yesterday

Can't believe I called it tabletec in the ibox. How embarassing.

Chatted with Bob Siqveland from Tabletrac for 15 minutes or so

Nothing earth shattering here but I liked what I heard

1. Fees are based on the size of the install at about $1000 per position. Larger casinos can get a discount down to about $800 a position. This does call into question my specific estimate for this quarter of .09 as actual revenues will depend on the size of the installs they are doing. We should definitely see a sequential improvement but whether its .07,.09 or .12 is hard to say

2. Revenues are recurring in nature. Annual fees are required to keep the systems in the casino so its not a one and done license fee. Ongoing service and maintenance fees should become an increasing part of their revenue as time goes on. Going back to 1995 they have never lost a customer.

3. They are targeting small casinos that Ballys and the bigger players are paying less attention to. Their advantage is comparable functionality at about half the cost. They also offer software that integrates both level 2 (bingo) and level 3 (table games slots etc) in one casino. They claim noone else can right now.

4. They are adding new employees but they are doing so carefully.
Keeping costs under control is a high priority for them.

5. They are interested in pursuing a nasdaq listing but are not interested in amex.

6. Backlog is simply backlog of new orders and does not include anticipated contractual service fees and the like.

I will say volume needs some help. I got filled on 505 shares this morning and the ask immediately moved up. Grrrr

[gilead23]

More to follow actually.

I talked to the company today. I don't have anything earth shattering but I do have some positive stuff to share.

[450rydr]

Looks like a promising company!! I'll have to keep an eye on this....