Replies to post #34008 on Value Microcaps Motherboard

[gilead23]

LTFD MRothaus and CC info

The company believes that bingo is where their growth is going to come from. Their recent acquisitions of bingo halls have gone as the co. expected.

Can you trust the numbers? I believe so but there is no reason this company is more suspicious than any other.

Just listened to the CC and heres a short summary

1. They expect revenues and profits to be up this year

2. Bingo is where they see their growth. They feel they were distracted by some of the lawsuits this year and that it hampered expansion

3. They expect lawsuit expense and interest expense to decline going forward

4. They expect the number of outstanding legal matters to drop to between 3 and 5 from 14

5. Getting back to normalized legal expenses would have added about 200k to profits this quarter or about .024 a share.