Electronic Game Card, Inc (fka EGMIQ)

[riskanalyst]

OT: gilead23

Hate to bring up REPR on the EGMI board, but had to make this quick defense. Steinberg's backing is an unusual catalyst for a microcap and EGMI communicates better to shareholders, which is true. However REPR is not a 1qtr phenomenom. The strength of their new growth driver (Freedom60) is masked by lumpiness in their existing products. However Freedom60's sales have been getting large enough to make significant impact on REPR's sales. They had 3-4 qtrs of extremely strong growth for this product and it carried through to the most recent qtr. While the company is a value based on earnings numbers right now, it's a great value based on the phenomenal growth of this new product. Because of this I'm expecting my investment in REPR to overtake EGMI as my largest holding.