posted
What the hell, I just jumped into this one. Figure it should have some decent upside. Think it can cup back up to 27? Any news expected to gap her?
[ May 13, 2006, 06:44: Message edited by: welk ]
Posts: 948 | Registered: Aug 2005
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posted
Latest PRs show some interesting things in the works. I still remember the more than 1000% run CYOS had so hoping for a nice move here. My DD pulls up no sec s-8 filings or anything to cause the drop in price so there should be a recovery imo. Here's the latest PR:
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Wednesday May 10, 6:00 am ET
LOS ANGELES--(BUSINESS WIRE)--May 10, 2006--Keno.com Ltd. (UK), a wholly owned subsidiary of Gaming Transactions Inc. (Pink Sheets:GGTS - News) and a leading provider of online gaming portal management, is pleased to announce it has signed a contract with Progenero Inc. to manage specific portions of the operations at Keno.com. Progenero is an online casino management company that specializes in the day-to-day management of specific operations. They provide administration to a number of companies that have online poker sites, internet casinos, sportsbooks, lotteries and pari-mutuel racing.
Progenero is based in San Jose, Costa Rica, the Central American city termed by CBS News as "The Internet's Las Vegas." See www.Progenero.com
Under the terms of the agreement, Progenero will manage:
Customer Service including web based and telephone support Technical Support (IT) Email marketing CRM (Customer Relationship Management) Keno.com decided to outsource some of its operations early on during the planning stages of the organization to reduce overhead and minimize risks. By maintaining long-term secure partnerships with a few outside companies, Keno.com plans to deliver superior returns by continuing to go after best-of-breed solutions that provide cost-effective, high-value services.
Keno, the game, is one of the highest-grossing products for many public gaming corporations. Easy to play, quick, and profitable, Keno has become a favorite to players who desire the excitement of a lottery draw without having to wait for weekly draws.
About the Company
Gaming Transactions Inc. is a developer and provider of online games and services for the online entertainment and gaming industries. The Company's central licensed games portal, www.keno.com, is a destination online gambling property where players may participate in a number of gambling and online gaming fixtures.
This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition.
Contact: Gaming Transactions Inc. Barry Reagh, 1-866-666-5172 ir*gamingtransactions.com
Posts: 948 | Registered: Aug 2005
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posted
Found some more intersting stuff. Figure this guy will get the stock up a bit. Glad I bought.
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Look Who’s Back in the Game.
Interview: Patrick Smyth, CEO Gaming Transactions Inc.
One could excuse Patrick Smyth if he decided to kick back and relax. A seasoned veteran who has managed some of the largest casinos on the Internet, Smyth could easily settle into a fat paycheck, employed by one of the many online casinos out there. But with gaming and marketing contacts all over the world, he knows the online gaming world better than anybody, and recognizes that the real money is in taking a chunk of the market.
The creator of Gaming Transactions Inc. has been able to recruit some of the top online casino organizers in the business, and convinced Stephen White to get involved to help build the company’s flagship gaming system. White is a veteran programmer who built the well-known suite of games for World Gaming PLC, which now administers gross annual wagering volumes of $6.2 billion per year. Once the first game was produced for GGTS, Smyth secured the rights to one of the hottest Internet addresses on the planet.
With the recent unveiling of Keno.com, this newly crowned Keno King has now put his sights on every major market in the world. With the Keno.com URL behind him and given his extensive experience in online marketing, odds are that if you’re looking to play Keno online, you’ll be playing Smyth’s game.
We knew that if I wanted to find out more about GGTS and Keno.com, I had to go to the source. So we packed my bags for California and found this much talked about player juggling three phone calls from his Beverly Hills home.
After sitting down with us, it didn’t take him long to start talking about the online gaming business. “To get big fast you have to have two key ingredients: Solid technology and excellent customer management. If a player likes your game and knows that you’re there 24/7 he’ll stick with you. It’s key to building a massive user base.” He goes on to explain the computer network and customer relationship management programs that he has helped to assemble. “What happens with most online casino operators is as soon as they start making a few dollars, they forget about their customers, and all they do is aggressively sign up new players and don’t care about the players who have been playing their games from the beginning. The tried and true customers end up dropping away to find other games and better service. That’s what keeps them from pushing their sites over the top
We talk briefly about the upcoming launch of GGTS’s Keno Casino and Smyth comments on his soon-to-be rival, “Look at Party Poker – they had the right idea - massive advertising, a decent game and they hold on to their members.” As Smyth steps away to answer a phone call, he adds, “That’s why they have the top spot - for now.”
Looking around the room, we observe stacks of news, industry magazines and DVDs, all dedicated to gaming. This is a CEO that clearly lives for the business he’s in. It’s easy to imagine him at the top of the game in no time. As Smyth returns to the table, We can tell he’s excited. “Good phone call?” we ask. Like a kid who’s got a secret he just can’t keep, he replies, “That partnership is going to put us over the top.” We press him for more details, but he smiles and holds back, only saying, “You can read it in a press release.”
When the phone rings again, we decide to let Smyth get back to business. But we will be watching Gaming Transactions Inc. carefully, as it could be taking big winnings off the table soon.
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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Here you go, time2drum. I think this one could make for a great flip. Never can be sure though. Just so oversold now.............
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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posted
Ohhhh Yeaaaaaaahhh! GGTS just added to the sho!
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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posted
I agree I can't fid any reason for the drop I am banking on a big bounce this week
Posts: 79 | From: San Antonio, TX 78248 | Registered: Jun 2004
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posted
I can't find any reason either, no bad news in the form of PRs or filings. It just went on the sho list though. I think the MMs tried to create a market when the May 2 PR came out by naked shoerting and then that caused a panic sell off.
This should go up from here soon. What's your price target? Think it can cup back up to .25-.30 a share?
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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posted
Got some premarket action. Ask just jumped 11%
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD. Posts: 948 | Registered: Aug 2005
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