Hi All I agree with everyone's comments. If GAMZ closes just one of the major deals they are working on right now their financial situation will greatly improve. These comments from Kelly give us a glimpse of what is to come.
"As I mentioned in the shareholder conference call, we have several major initiatives currently under negotiation, any of which could immediately transform our company and our financial situation."
"However, a far more lucrative target is the $93 billion promotional/advertising market, where we're making continued headway. Last year's Buick LeSabre project continues to pay dividends, as evidenced by the Chevrolet and Red Baron Pizza projects. We can only surmise that Chevrolet and the Salt Lake Organizing Committee were pleased with our recently-delivered virtual reality ski jump experience, based on our recent announcement that we are sending our new Universe VR 720 entertainment systems to the Olympic Village. We are of the strong opinion that our penetration of this market will progress exponentially with exposure."
"We now have a toehold into the educational market, as indicated by last week's announcement that we will be placing virtual reality entertainment systems at the Science Center of Virginia. Again, exposure is calculated for greater market penetration."
"However, post-September 11th the interest in our products has been almost overwhelming. We continue in very high-level discussions regarding our technology, and how it is uniquely qualified for the most realistic training available in the detection and mitigation of risk regarding homeland security."
``In looking at Ferris' historical operating results, we knew its revenue growth had plateaued as it faced the challenges of matching capital with expanding market opportunities. Now that we have assumed financial control, and through public markets have access to growth capital, we believe we can achieve sustained quarter-to-quarter revenue growth, and, in the near term, profitability. In fact, based upon initiatives currently under negotiations, we are confident of our future.'
``Those initiatives include 1) an expedited entry into the training and simulation market, with a particular focus on Homeland Security and governmental operatives, 2) pursuit of our new initiative into the educational market, as evidenced by our recently announced agreement with the Science Center of Virginia, and 3) continued advancement into the $93 billion promotional/advertising market, as evidenced by our recent agreement to feature our recently completed Chevrolet virtual reality ski jump experience at the Olympic Ski Village.
``We have very high expectations for GameCom/Ferris in 2002. We have been positioning the company for this opportunity, and we're very pleased that so many of our stockholders have seen our potential, and are ready to participate in our future success.'
Take Care,
Greg
