Galaxy Gaming, Inc. (GLXZ)

[asiatraveler]

Appreciate your reply. I think however; it is due to the pending lawsuits the company is involved in as well as other internal situations. One thing that really disturbs me is in the January newsletter to shareholders, Mr. Saucier stated " As a result of our acquisitions and a substantial order placed by Caesar’s Entertainment, our presence on the Las Vegas Strip expanded significantly. I checked with the Louisiana and Nevada gaming control boards to see if indeed the company has a gaming license in those states. They were approved in Louisiana, but the Nevada gaming control told me that neither Mr. Saucier nor Galaxy Gaming, Inc. even has an application on file to be allowed to conduct gaming in the state of Nevada. Unless this was a huge oversight on their part, this is very shocking. With the kind of financials they released today, if that doesn't do more than the volume of today and effect the share price, I would be very cautious about this company.