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Stock Feature: VIVA GAMING
& RESORTS INC.
Stock Symbol: VIGA
(OTCBB)
Current
Price: $1.875 US (November 2,
2000)
- Business:
- Gaming, Casino
Cruise Ships, Entertainment Centers
- Closing Price:
- $1.875 November 2, 2000
- 52 Week Range:
- $1.72 (Low) $13.75 (High)
- Daily Volume:
- 25,500 (3 Month Average)
- Shares Outstanding: - 7,167,400
- Fiscal Year End:
- December 31
- Market Makers:
- Comprehensive, NAIB, Wien, Nite,
Herzog, Hill
- Website:
- www.vivagaming.com
CORPORATE SUMMARY
- First major project in Corpus Christi, Texas - "Texas Treasure Casino
Cruise Ship", operating 2 gaming cruises, 7 days each week - commenced
operations 9/15/00.
- ***Our research suggests that Casino
Cruise Ship Project should generate net revenues of $35 MM, with minimum
net earnings of $7.2 MM for FY 2001.
- Major deal announced 08/22/00 with Mexico's National Lottery to
sell, market and distribute instant Lottery tickets through large scale Adult
Entertainment Centers ("Casinos") to be setup throughout Mexico.
- ***Our research suggests that for
each Adult Entertainment Center location coming on stream, Company's
market cap should increase between $30 MM - $45 MM per
center location.
CORPORATE OUTLOOK - POSITIVE
- First class management team expected to be bolstered by NEW
BOARD ADDITIONS during 2001.
- Rumors circulating that a MAJOR FINANCING is imminent.
- Look for SIGNIFICANT DEVELOPMENTS in Mexico prior to
year end.
MARKET OUTLOOK - BULLISH
- COMPANY NOW TRADING AT OR NEAR
52 WEEK LOW...
- CORPUS CHRISTI PROJECT ALONE MAKES THIS STOCK A NATURAL
"TRIPLE"...
- WHEN ADULT ENTERTAINMENT CENTERS IN MEXICO COME ON STREAM...
LOOKOUT !!!
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Copyright © 2000. All rights reserved.
Revised:
November
05, 2000
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