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Re: theiceman13 post# 259383

Monday, 12/15/2014 11:20:07 AM

Monday, December 15, 2014 11:20:07 AM

Post# of 380519
Just for fun, let's speculate NTEK partners with casinos with 500 Vegas 2047 Advantage Play Pinball Games. Using numbers from what has been reported here by industry professionals:
Each game gross per year is 1 million.
NTEK's take on license/ lease is 33 percent.

500 x 1,000,000 equals 500,000,000.00$$
500,000,000.00 x .33 equals $$165,000,000.00/ year on gross revenue from only 500 machines.

I would say a valuation of $27 million might just be an under estimate?