After few months of negotiation, My partners and I decided that this might not be a good venture because many terms were not in our favour and the business opportunities could not yield to our ideal revenue forecast. … So now, I might be back to jump start my non-woven venture, the business plan before I chanced upon the SSD and Netbook opportunities.
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Based on unfavourable forecast, I decided to cease the investment till better outlook. It will take me, estimated four to six months to withdraw the fund.
I had reached my maximum investment, SGD$100,000 for the fish farm. As of today, I have stop additional funding until further notice.
As of 1 May 2007, I ceased my involvement with the online casino. I am reclaiming my time and rededicating it for other projects.
Gaming Asia knows this region online gaming market well and has the solution to the problems. Western scalable models will be enhanced with Asian methodologies to achieve a long term solution. We will start with China as it is the biggest, fastest growing & relatively undeveloped. Player acquisition is currently inexpensive & may not remain so for long. Current competitors are restricted by the many problems and new competitors cannot sustain acquiring players at high prices.
The Online Casino mentions here is also known as Gaming Asia. Gaming Asia is the official project name for the Online Casino.
We are now in the second phase of beta testing, integrating video support to our site. Things are going slow for us but we are getting the results we are expecting.
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