OCTV Octavian Global Technologies, Inc. featured news, full reports, and detailed charts
Octavian Global Technologies, Inc. (OCTV/OCTV.OB) Wrap Up:
Octavian Global Technologies Inc, together with its subsidiaries, provides end-to-end suite of gaming systems and products worldwide. The company offers networked casino management systems, leading edge games, and advanced gaming products serving casinos, amusement with prizes, and lotteries. Its products include casino management systems, including Octavian e2e GMS system that covers and links together slot machines, gaming tables, the cash desk, player registration, reception, security, loyalty systems, and marketing, as well as Octavian modular casino management systems, such as Octavian ACP that offers accounting, control, and progressives functions; Octavian GateManager, which administers and reports player registration, guest services, and activity on the gaming floor; Octavian CashManager that monitors transactions taking place in the casino gaming area; and Octavian Business Intelligence Manager, a data mining tool. The company also offers downloadable games systems; Symphony LE platform, which provides lottery systems and solutions for state and local lotteries, as well as supplies casino and amusement equipment; and supports various games for electronic gaming machines and amusement with prizes machines. Its services include product delivery, installation, product training, warranty, after-market technical support, supplemental equipment and spare parts, product retrofitting, game conversions, network systems, downloadable game and system upgrades, and casino operations consulting services. The company serves casino operators, slot halls, regulatory authorities, and lottery operators. Octavian Global Technologies Inc is headquartered in Guildford, the United Kingdom.Octavian Global Technologies, Inc. (OCTV:OTC Bulletin Board Market)
Snapshot of Octavian Global Technologies, Inc. (OCTV)
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OPEN
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PREVIOUS CLOSE
$8.00
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
12/18/08 - $10.03
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52 WEEK LOW
01/14/09 - $2.00
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MARKET CAP
86.2M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
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SHARES OUTSTANDING
10.8M
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OCTV Does Not Pay Dividends
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P/E TTM
NM
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OCTV Top Compensated Officers
Executives, Board Directors
Key developments for Octavian Global Technologies, Inc. (OCTV)
On August 4, 2009, the company entered into a loan agreement with Austrian Gaming Industries GmbH, the Company's principal supplier of casino gaming machines and majority holder of common stock. Pursuant to the Loan Agreement, AGI agreed to loan the company $2 million, to be made in two equal installments of $1 million. The first installment is to be made five (5) business days from the date of execution of the Loan Agreement and the second installment is to be made on or about August 15, 2009. Interest shall accrue at a rate of three month USD LIBOR plus 4% (capped at a maximum rate of 8%) per year. Pursuant to the terms of the Loan Agreement, interest shall be paid on a monthly basis with the principal amount due and payable in full on June 30, 2010.
Octavian Global Technologies Inc. has signed a worldwide agreement with Gextech to roll out Gextech's Spot The Ball virtual football game to operators of land-based fixed odds betting terminals. Spot The Ball, Gextech's new development of its Fantastic League(TM) virtual football game, will kick off on the Octavian Symphony platform (available in both Downloadable Games and Lottery Editions). Spot The Ball is a new and unique multi-lingual football game that updates a universally recognised and proven betting format using the latest technologies. In Spot The Ball, realistic animated action sequences are played out on the playing terminal screen. The ball is passed from virtual player to player, as well as being deflected from its course by tackles and interceptions.
Octavian Global Technologies Inc. appointed Mr. Charles Hiten, 40, as a director on May 14, 2009 to fill a vacancy on the Board and to serve as the AGI Designee. Mr. Hiten currently serves, and has previously served, in various positions with Novomatic AG Holding, including its subsidiaries, an integrated global gaming company, since February 2001. Mr. Hiten currently serves as a managing director of the following Novomatic AG Holding subsidiaries: Chilean Enterprises SpA, since August 2008; SFI Resorts SA, since August 2008; Novomatic Investments Chile SA, since June 2007; Novomatic Holdings Chile Ltd, since April 2007; and NovoSun SA, since May 2007.
OCTV Competitors
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| Market data is delayed at least 20 minutes. | |||
Industry Analysis
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| No financial data is available for OCTV. | ||
OCTV transactions
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