Date: Jun 8, 2006 7:34 AM
Subject: acquitting
Active Stock Advisor Alert
Symobol: SVNP.pk
our last 3 picks which gained 100% - 300% in a matter of weeks,
be sure to make a move on SVNP because this company has positioned itself to
capitalize on the explosive growth of the i-gaming market.
777 Sports Entertainment Corp. (OTC BB: SVNP)
Common Shares Outstanding 11,641,079 as of 2005-06-01
Approx. Float: 1,200,000
Current Price: $0.99
Rating: Strong Buy
Target Price: $3.40
Below is the company's most recent headline.
Update on 777 Sports Entertainment Corp.
LAS VEGAS, May 26, 2006 (BUSINESS WIRE) -- James PH Cheung, President/CEO
of 777 Sports Entertainment Corp. (Pink Sheets: SVNP), is pleased to announce
that progress is being made on expansion of the 777Betz.com gaming platform
for the year 2006. Up to the present time, we are very satisfied with the
operations of 777betz.com's Sports Book, Poker, Casino and Horse
racing platforms.
Negotiations are underway for a significant financing. With up to $3,000,000
expected to complete within the next 30 to 60 days, this funding will allow
for expansion and the establishment of a dedicated back office with a
development team for 777Betz.com, providing greater flexibility to upgrade
existing platforms and the introduction of new games and sports platforms
for 2006/7.
Management is currently working on programs for 2006/7, with Mahjong,
mobile gambling, bingo and other games to be introduced upon completion
of our own state-of-the-art game platform.
The funding will also allow us to look to the acquisition of other profitable
operations with a need to consolidate and reduce back office expenses.
This is all part of our program to increase revenue at the same time as
we reduce costs.
Watch this stock go higher and higher
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