From: Stocknews (Stocknews@tonyworth.com)
Date: Sun Nov 05 2000 - 23:51:44 PPET
www.TonyWorth.com "WORTH A LOOK"
Stock Feature: VIVA GAMING & RESORTS INC.
Stock Symbol: VIGA (OTCBB)
Current Price: $1.875 US (November 2, 2000)
a.. Business: - Gaming, Casino Cruise Ships, Entertainment Centers
b.. Closing Price: - $1.875 November 2, 2000
c.. 52 Week Range: - $1.72 (Low) $13.75 (High)
d.. Daily Volume: - 25,500 (3 Month Average)
e.. Shares Outstanding: - 7,167,400
f.. Fiscal Year End: - December 31
g.. Market Makers: - Comprehensive, NAIB, Wien, Nite, Herzog, Hill
h.. Website: - www.vivagaming.com
a.. 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.
b.. ***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.
c.. 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.
d.. ***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
a.. First class management team expected to be bolstered by NEW BOARD ADDITIONS during 2001.
b.. Rumors circulating that a MAJOR FINANCING is imminent.
c.. Look for SIGNIFICANT DEVELOPMENTS in Mexico prior to year end.
MARKET OUTLOOK - BULLISH
a.. COMPANY NOW TRADING AT OR NEAR 52 WEEK LOW...
b.. CORPUS CHRISTI PROJECT ALONE MAKES THIS STOCK A NATURAL "TRIPLE"...
c.. WHEN ADULT ENTERTAINMENT CENTERS IN MEXICO COME ON STREAM... LOOKOUT !!!
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Revised: November 05, 2000
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