Revs won't tell the whole story for 2010. Bet.cr and Sportsbook.cr revenue capabilities won't be seen until 2011. Same with the land based casinos and hotels...2010 was a year of transition. I think the real story for 2010 as we look back when financials come out will be our assets. Right now our market capitalization (assuming all authorized shares are outstanding--which they are not) is about $2 million (900 million authorized X .002 share price). That market cap estimate is high because not all the authorized shares are outstanding and our share price is less than .002. According to the website we own four properties physical properties and two online gaming sites. I have not been to the physical properties, but assuming that they are in OK condition, each one should be worth at least a quarter of a million (I believe that's a low estimate). These properties are owned free and clear, with no debt, according to the company website and PR's. Concerning the betting websites, I have no idea how to estimate the worth of those sites. Only future revenues can tell that story. My point is, if this company made no profits and sold all it's assets in a fire sale tomorrow, this stock would be worth at least .001 (not including online betting sites). But you and I are in this for the profits! The company plans to support their ventures with little overhead--smaller properties; except with their joint ventures. Online gaming sites--the house always wins. Even if traffic is relatively low, the sites should turn a profit, even if it's small at first. Unlike other pinks, this company does not dilute the stock to death...they must have some deep pockets backing their venture since they were able to buy their properties free and clear and plan to purchase more. Could their properties turn into a chain in South America? Is this the plan? Another plus--the company is diversifying. They don't have all their eggs in one basket. Physical properties, online sites, and Joint venture in the works. As long as people continue gambling, this company will make profits. We are at the front of something big. 5 years down the road they could issue dividends 5 times bigger than the price you are paying for the stock today. IMO this is a strong buy here at .002 and below. GLTA in the next few weeks and months!
AI
