Bonjour,
Le projet suivant correspond à vos critères d'investissement
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SOURCE: Texas Investment Network
TITLE: Monster Gaming Slot Machines
SYNOPSIS:
Company debt is only $250k. Have inventory worth $450k we are going to sell. Current need is to purchase cabinets for our approved slot machine logic units. We need to prepare for two industry conferences and new techincal testing
PROPOSAL SUMMARY:
Introduction: MONSTER GAMING, Inc. (MONSTER), distributes and designs New Generation Bingo Series themes for Class III slot machines. MONSTER has acquired the rights to the Bingo Series that are the first of their type approved through GLI. The themes have been displayed at five gaming shows nationwide and the casinos that viewed the games are interested in purchasing or placing or participation. MONSTER owns the rights to the best designed new content in the gaming industry. MONSTER has positioned itself to bring a new segment to the US gaming market. All the mega manufactures are concentrating on the video and mechanical reel games themed with the latest TV show or movie; meanwhile Monster has built a solid game with new mathematics that will entice players to play again and again.
Opportunity: Currently MONSTER does not have the capital it needs to purchase the 60 units needed for the logic units we already have. MONSTER has an opportunity to place 100 games on participation in Mexico casinos. Monster needs to prepare for upcoming gaming shows and new GLI submissions.
Solution: A loan or factoring of $250,000 is needed to advance our sales and prepare for our next generation 22”LCD cabinet and logic unit. The funds will allow MONSTER to purchase the additional cabinets needed to utilize our GLI approved logic units and new locations for our participation opportunities. MONSTER has invested over $250,000 to secure the US market for the bingo series games (that does not include all the money that has been invested into the GLI approved platform). Monster has licensed the Bingo Series games to KP Gaming licensed in California and Oklahoma and Ten Stix Gaming licensed in Arizona. Monster has the opportunity to license our games to five other manufacturer distributors across the US market.
MANAGEMENT TEAM:
Tom Ippolito-85% Owner
RETURN ON INVESTMENT:
Monster Gaming will be able to purchase more cabinets to sell or place in casinos on revenue share. We will alo be able to attend gaming conference to attendess from two major jurisidcitions in the US market. Monster has distibutors in those locations that can distribute machines. The bingo series games are new in the US market and have already exceeded projections of doily Win Per Day numbers. Currently have 30 mcahines under contract need more cabinets to meet orders.
AMOUNT REQUESTED: 189,800 EUR ($250,000)
MINIMUM INVESTMENT AMOUNT: 38 EUR ($50)
REGION: Central Texas
INDUSTRY 1: Technology
INDUSTRY 2: Entertainment & Film
INVESTOR ROLE: Silent
BUSINESS STAGE: Achieving Sales
INVESTMENT REASON: Sales & Marketing
POSTED: January 26, 2012
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Mike Lebus
Réseau Financier Français
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