BioStem Technologies Inc. (BSEM)

[levitateme]

the fact that it's now running and taking wagers is EXACTLY what people have been waiting for, and is what will make Q4 fs ABSOLUTELY HUGE.

of course we can now expect a nice sized near-term promotional push in a variety of gambling info websites and international gambling magazines, to work to steadily increase the traffic and numbers. why wouldn't they now do this?

without this push we already have many people playing and betting, that know of sosua bay grand casino and are now trying out the new live online. that's proof this is now off the ground and running.

What I don't think a lot of people on here are considering is that the projected 250k in revenue is just that, revenue. Its NOT net/operating income

Huh? They don't need it to be operating income. And this new revenue stream will simply dwarf any current operating costs. Also, common sense says they're making a profit on the company currently, and this huge new additional income stream will be pure profit. Imo the last fs would have shown profit for the company if they hadn't purchased the disco property and purchased other revenue producing items like slot machines, had construction costs for the expansion, etc. Now that these startup costs are through, and along with the brand new additional $20,000 per month bingo revenue, and with the new extended hours and new gamblers coming in, it is quite obvious to me that the casino is now turning a very sweet profit even without this huge new live online revenue stream.