Nachtrag:
"T&G2 Receives Order for 30 Gaming Units in the Western Region of United States
BERNARDSVILLE, N.J., Sep 24, 2003 (BUSINESS WIRE) -- T & G2 (OTCBB:TTGG) announced today that its wholly owned subsidiary, Zingo Sales, Ltd. (ZINGO) received an initial order for 30 of its electronic bingo gaming units in the state of California. The gaming facility placed the order once local authorities approved Zingo`s electronic bingo games.
The machines to be installed within the next 7 days, will utilize Zingo`s fast action " Ultimate Games" . As a result of the approval of Zingo`s games, the Company anticipates additional orders in this lucrative market. This market has historically been a high-yielding market and the Company expects these trends to continue. Additionally, approvals and orders are anticipated shortly in other municipalities in this region.
The Company currently has approximately 100 gaming units installed and operating, with an additional 50 gaming units in inventory. The Company currently has sufficient cash to meet all current and future orders. Zingo anticipates generating approximately $90,000 per month in net cash flow once 300 gaming units are installed and operating.
" We are now at a point with the units installed and ordered that TTGG will be about break even as a company once cash flow reaches expected levels." stated T & G2`s CEO, James M. Farinella, " The exciting thing is that we have not even begun to market in the many other regions of North America. Sales are not as much a concern as managing the explosive growth that we are experiencing."
http://www.nasdaq.com//asp/quotes_news.asp?pageName=Company%…
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