Electronic Game Card, Inc (fka EGMIQ)

[kardon]

Evidence Clearly Points to EGMI Dropping the MOU
The more I think about it the more I have to trust EGMI management was the catalyst in ending its agreement with poken. EGMI was also likely the driver in doing a MOU and not a signed contract. The evidence is strong for this to be the case. EGMI signed other foreign agreements in 2009. None were MOU’s. All were legally binding and strongly imply future revenue streams for EGMI. Notice the word SIGNED in each official press release excerpts below. EGMI seems like a legit company that signs legit legally binding agreements will legit companies/entities. EGMI seems wise enough to sign agreements (MOU) that have substantial wiggle room with weaker companies (poken). http://www.electronicgamecard.com/Investors/PressCenter/2009Releases.aspx

IRVINE, CA /LONDON – December 4, 2009 - Electronic Game Card, Inc. (“EGC”) (OTCBB: EGMI), announced today that it has signed a worldwide licensing agreement with Bally Technologies, Inc. (“Bally”) (NYSE: BYI), a leading designer, manufacturer, operator and distributor of advanced gaming devices, systems and technology solutions. The licensing agreement provides EGC with an immediate increase to its library of games with well-known product from Bally IP brands.

NEW YORK, NY/LONDON – October 13, 2009 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), announced today that it has signed a definitive agreement to partner with China LotSynergy Holdings Ltd. (“CLS”) to enter the Chinese lottery market.

NEW YORK, NY/LONDON – August 18, 2009 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), announced today that it has signed a three-year license agreement with Seoul, Korea based Kellof, Inc. ("Kellof") for distribution of the Electronic GameCard™, Electronic iQuizCards™, and Electronic Edutainment PLAY Cards, into its South Korea clients and strategic affiliation with Borazone Co., Ltd. ("Borazone"). Company management expects the agreement, which contains yearly minimum royalty guarantees, to begin generating sales in the current year fourth quarter.

Electronic Game Card, Inc. Signs Agreement with SSD Company Limited of Japan to Launch Barcode Scanning Technology
NEW YORK, NY/LONDON – August 13, 2009 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), announced today that it has completed a Definitive Agreement with SSD Company Limited (“SSD”); a privately held Japan based interactive technology company.

NEW YORK, NY/LONDON – June 30, 2009 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), announced today that EGC has signed an Exclusive Sales Representative Agreement with the FMM-The Moscoe Group, a 52-year business partner with leading mass market retail clients across America, to sell EGC Interactive Entertainment and Education "Know-it-All QuizCards™" and "iQuizCards™" branded cards.

NEW YORK, NY/LONDON – February 5, 2009 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), announced today that an important contractual milestone had been reached in the launch of the Native American business with the start of its five year distribution contract with Sovereign Game Cards, LLC.