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ambulance_blues

02/18/09 11:45 PM

#1664 RE: Rawnoc #1662

Rawnoc, good point.

They have successfully negotiated some significant deals. The Indian Gaming contract appears to be on track, and Thomas & Friends license agreement too. I would love to see a big UK lottery deal in '09. Donovan mentioned talking to these guys earlier this month:

http://www.camelotgroup.co.uk/aboutcamelot.html

"... But we had some phenomenal meetings that started off right away with that week and with Camelot. And Camelot controls the UK lottery, as well as they have their plans of extending the Camelot brand across the globe."
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Chance To See

02/19/09 10:50 AM

#1667 RE: Rawnoc #1662

When I said, “So making initial contacts through meetings is what they are doing right now.” I wasn’t implying that they are all talk. I was saying that the CEO’s principal activity right now is contacting the companies in his, Lord Steinberg’s, and Anna Houssels’ networks, so it’s understandable that he would be focusing on that in his presentation.

And it is interesting for us to hear about these meetings. But I don’t think it necessarily gives the best impression to potential new investors, who may have had prior experiences with small companies reporting on wonderful meetings but then not being able to deliver. Document Security Systems popped into my head immediately, and that is not a good association.

And I really do wonder whether Atari, for example, would be delighted to hear revealed in public its idea on using the cards in “six of their various verticals just within their brand alone for distribution.” (whatever that might mean….)

But don't get me wrong. I love this company; it's my biggest investment at this time. So I'm very anxious to see the new CEO show good judgment, whether in his presentations or any other endeavor.