vtge 7 22 2002 10 24 24 pm dear july 21 2002 greeting fellow investors take look inexpensive stock company profile virtual gaming enterprises inc otc vtge investment consideration otc vtge current price 0 01 company currently trading way book value 0 40 share tremendous investment opportunity presented vtge legislation unsuccessful slowing growth line gaming company way undervalued minimal investment 1000 00 would buy 100 000 shares vtge current price stock moves even one fourth company says current value investment could profitable virtual gaming enterprises owns operates licenses offshore casinos island dominica virtual gaming enterprises inc otc vtge symbol vtge date 7 21 2002 price 7 19 2002 0 01 52 week range 0 0039 5 45 info obtained bigcharts share related items recent price july 19 2002 01 market capitalization approximate 215 k shares outstanding approximate 21 8 approximate float 3 1 daily avg volume 50 day 141 k net tangible assets approximate 4 net asset value per outstanding share approximate 0 40 click view chart audited net assets slightly 4 net asset value per outstanding share common stock approximately 0 40 share strong balance sheet debt new site enhancements new marketing campaign beginning next quarter virtual gaming enterprises inc company virtual gaming enterprises inc business gaming internet customers able play virtual casino style games members alone internet connection company awards prizes bonuses premier players fashion traditional casinos awards programs unparalleled customer service made virtual gamings casinos place play net check www thecasinothemepark com company enhancing already popular casino suite sites company recently signed development agreement regional site developer infoflash com company retained nextleft tech launch aggressive marketing campaign virtual gaming enterprises holds master gaming license commonwealth dominica vtge asserts well positioned capture substantial market share growing internet gaming business recent report bear stearns nyse bsc experts expect line gaming grow 3 billion 2002 vtge joint ventures aggressive acquisition campaign operates 17 gaming related websites 20 interest vegas book com traditional sports book recent software development agreement infoflash com gives company competitive technology advantage casino players gamble using flash java games desktops laptops furthermore virtual gaming customers ability gamble using pda personal digital assistants pocket pcs market virtual gaming owns 17 casino style gaming sites simulated gaming internet company launching 5 new sites 2002 according international data corp idc improved internet capabilities next generation video game consoles nontraditional gaming platforms draw 40 million households online gaming 2004 25 million 2000 building diversified revenue base perhaps biggest challenge facing online gaming companies virtual gaming intends earn additional revenues licensing technology co branding games company trading way current value virtual gaming enterprises inc forcasts continued acceleration revenues profits projected vital statistics online casinos 2002 total online wagers 13 billion per year total wagers minus payouts 651 million number online casinos around 1700 average annual online casino revenue 3 4 million good luck investors save 40 save 40 internet access instead standard 21 95 28 95 get 24 7 unlimited access nationwide access numbers fast 56 k v 90 service faster connections att aol faster page loads 16 99 internet access 24 7 unlimited nationwide access numbers call 1 864 235 2716 safe harbor forward looking statements except historical information contained herein statements website newsletter forward looking statements made pursuant safe harbor provisions private securities reform act 1995 forward looking statements involve known unknown risks uncertainties may cause company actual results future periods differ materially forecasted results risks uncertainties include among things product price volatility product demand market competition risk inherent companies operations identify statements fact relate strictly historical current facts use words anticipate estimate expect project intend plan believe words terms similar meaning connection discussion future operating financial performance suggestion never ever make investment based solely read online newsletter internet bulletin board especially investment involves small thinly traded company well known said nancy smith director sec office investor education assistance assume information companies trustworthy unless prove otherwise independent research internet fraud available sec web site http www sec gov consumer cyberfr htm strongly oppose use spam email want send mailings anyone wish receive wish receive mailings please click rest assured receive another message form us would like subscribe future mailing type please click subscribe bjk 9 h tgobk sf net email sponsored thinkgeek welcome geek 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