Replies to post #10081 on Electronic Game Card, Inc (fka EGMIQ)

[howsmydrivingal]

Kardon,

The US Lottery exposure we have has been purchased and shelved by Scientific Games for, I think 5 years, which may be expiring? I have to check dates to be sure.

In any event. EGMI has been receiving a payment of something like $500,000 a year to NOT DO ANYTHING with the EGMI card except let Scientific Games keep it on the shelf.

Scientific Games already sells too many scratch tickets and basically bought their competition for awhile. In a way, it gave this young company a nice floor of income during these iffy times and forced them to look elseware for opportunitites, which they have been doing.

If anyone know, can you answer when the agreement with SG ends? I will Poken around a bit to look for that agreement.

[ibnobody]

The simple thought of an acquisition seems improbable. Because: If such, KD would not allow the share price to drift and thereby lowering any acquisition price. It just doesn't make sense. But what does make sense?

[gurupup]

Very fallacious thinking, so far off the mark as to be laughable.