GottaPlay Interactive, Inc. (fka GTAP)

[Brytex]

$4.85???

Independent Analyst Group Raises GTAP Target Price by 15% Citing Capital Infusion and Smart Acquisition
Monday May 21, 9:00 am ET

GIG HARBOR, WA--(MARKET WIRE)--May 21, 2007 -- Gottaplay Interactive, Inc. (OTC BB:GTAP.OB - News) announced today that independent equity research firm Harbinger Research has raised the target price of Gottaplay shares to $4.85. Analysts cite the "recent and wise" acquisition of Gamershare, an online videogame trading platform, as well as a capital influx of $2.285 million. Harbinger rates Gottaplay a "speculative buy" indicating that the firm believes Gottaplay could appreciate more than ten percent relative to the general market in the next 12-24 months.
In its report, Harbinger praised Gottaplay's management and its business strategy. The research firm said the acquisition and capital infusion has reduced Gottaplay's risk profile. The report added that Gottaplay's proprietary technology offers the promise of a highly scaleable business model. Harbinger particularly likes Gottaplay's move into the online videogame trading market, saying the move proves "Gottaplay knows what gamers want and can attract many of the 70-million gamers out there."

The Harbinger Report is available at www.harbingerresearch.com.


http://biz.yahoo.com/iw/070521/0255379.html