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pegasus1

02/11/10 10:47 AM

#10077 RE: THE HuB #10076

I wonder if ChinaLot will be more about using Bally technology through EGMI's licensing agreement with Bally's vs. electronic game cards? On the flip side, EGMI has a library of games that could be introduced either through game cards or perhaps, Bally's lottery machines?

The potential is tremendous. The conference call was delayed for good reasons, imo.
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GWMAN

02/11/10 10:58 AM

#10078 RE: THE HuB #10076

I agree, the China deal could be HUGE for EGMI. And I defended KD for quite some time, but the reality is he has talked alot while not delivering on a single deal associated with income that could be put in a PR. And all the time he has not delivered on that front, he has postponed meetings, missed deadlines and has let the shareprice go into the toilet without a single, not one single effort to be transparent, have a CC and reassure investors.

To be quite frank, in my lowly opinion, in the first year of his tenure KD wrote a book, by example, on what NOT to do in building the reputation of and trust in a company.
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Heartmedbiz

02/11/10 11:07 AM

#10079 RE: THE HuB #10076

Hub, outstanding post. Gives me goosebumps just thinking about that potential.
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kardon

02/11/10 11:25 AM

#10081 RE: THE HuB #10076

Fantastic post!!! Nice logic and research. Your comments and the comments from a different poster cause me to post the following that I've been thinking about for a week or so.

KD & Yvonne have been hammered on this board. When did we start to think they were so awful? It was when they started missing target dates for CFO, Board members, announcements, etc. Prior to that, I thought they were very good and really delivered a strong message. Yvonne is at the mercy of mgmt. Kevin seems to be too "with it" to have looked like such a bumbler.

Thus, I have been wondering if they are going to be acquired. No need to bring on a CFO or Board members if EGMI is in discussions. No need to complete an agreement with poken. No need to come out with additional branding with cirQ. The lottery game cards seem like a killer app. Why have they not been rolled out to more lottery agencies (or whatever that is called)? It is a revolutionary game changer for lotteries. I wonder if there is some beauracratic something or other that is holding back the rollout. I bought this stock solely for the lottery opportunity. I am hoping someone can ask on the conf call what the holdup is in the US with lottery?