Jackpot Joy PL (JKPTF-5)

This has good opportunities. Has lots of potential. It is a question of what else can they buy, and how they are going to start competing with other companies in terms of acquisitions. This is more Bingo than Poker. He would prefer Amaya (AYA-T).

Had a correction, partly due to an investigation into Amaya (AYA-T), but has picked up in the last day or 2. (Amaya holds a significant position of this company.) When the market is unhappy, it is not a bad idea to be speculating in casino stocks.

Stock Price has really been hit in the last few days, which he thinks is a function of a number of different things, including the overall market. He is seeing real sloshing around of capital right now. With everything that has happened in energy and even in the financials, he thinks there are people that have been trying to shore up their accounts by selling down and raising up cash levels. People are targeting something like this, which has had such a great move. Also there continues to be rumours circulating about their next transaction. Have publicly said there are a number of transactions they are trying to execute on and are probably going to have to try and raise money. If you don’t own, consider doing this in 2 tranches. Probably buy some at this level, and wait to see some type of news from the next acquisition, which will be the next catalyst to move the stock forward.

Online gambling. This was spun out of Amaya Gaming (AYA-T) and they still have a relationship with them where Amaya is guaranteeing some revenue for them. A big part of their market is in Bingo. Amaya is in the poker market, which is much more fickle as the players tend to move around from one site to the next. Bingo brings in a different demographic of more females. Made a number of acquisitions in the last couple of months, with several more they are working on. Fairly cheap here. Wouldn't be surprised if Amaya came back in and bought them back.

(Market Call Minute) They keep doing financing. He is waiting for a spin out.