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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Wangotango67on Apr 23, 2015 10:41pm
97 Views
Post# 23659776

BREAKOUT ABOVE .12 cents - good find Wammy.... cheers !

BREAKOUT ABOVE .12 cents - good find Wammy.... cheers !
The total financing and package deal
for Integrity and Tonkawa
$23,000,000


 
cost of  - 600 machines - divided by      - $11,500,000
per each machine  =  $ 19,166.67                               

Integrity -     $4,500,000
Integrity -     $7,000,000
-----------------
-  $11,500,000
                 
Total Debt  =    - $23,000,000

 
Poydras gaming LLC - 499 machines - $3.5 - $4 million
Tonkawa Tribe - 600 machines - $6 million
Integrity Companies- 1,700+ machines - $9 - $10 million
----------------------
Profits after one year   =    $18,500,000



Integrity Tonkawa debts          -  $23,000,000
year 1 - slot machine profits         +  $18,500,000
____________
-     $4,500,000


                        year 2      
 
                                   carry over debts          +  $4,500,000
profits           -  $18,500,000
____________
+    $14,000,000 

MORE PROFITABLE CONTRACTUAL YEARS
YR 3 - $18 MILLION
YR 4 - $18 MILLION
YR 3 - $18 MILLION
YR 5 - $18 MILLION
YR 6 - $18 MILLION
YR 7 - $18 MILLION
---------------------------
     $108,000,000
+   $  14,000,000


= $122,000,000

OR        
 
Add more contracts - this year
SAY - 3 MORE CONTRACTS = 400 MACHINE EACH
1200 MACHINES


If 600 Tonkawa machines can earn $6miilion per year
Then  - 1200 machines can earn = $12 million year. (averaging)


If 600 machines cost = $11.5 million

( 3 more contracts this summer x 400 each )
  1200 machines  = $23 million
and
$12 million profit  per year
(average) per year

2 years to pay off
 5 years of profits based on a 7 year contract
5 x $12 million = $60,000,000 million


This business is amazing....
Its all about having the capitol ready & available to draw on
and securing the contracts....


Obviously these figures are rough...
excluding management fees ect...
But you get the picture...
How profitable Slot Machines can be...

Hence - thats why i love the idea of - Poydras has a vested
advisory party by the name of Global Capital
HAVE CAPITAL = MAKE CAPITAL

I'll be keeping an eye on Global Capital in the news
seeing if they sell any assets or divest in another project - etc...

it could be an indication on their part to amass more capitol
to invest in Poydras.... and that might means - more machines and contracts
are soon on the way....

The best way to make money...  is having a machine that takes money
 which then gives you more money back... wink !
What a superb business - Casino's !

Wait till more investors clue in...
Honestly.... look at the other gaming stocks...
Poydras is an amazing deal....


Cheers !

 
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