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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: pogi2 who wrote (234)6/15/1999 3:17:00 PM
From: Jetta  Read Replies (2) of 295
 
WNCR news....

axion.net
hollywood-casino.com
hollywoodmall.net

Tuesday June 15, 2:10 pm Eastern Time
Company Press Release
SOURCE: Winchester Mining Corp.
Winchester Mining Corp. (WNCR - OTC-BB) through Global Interactive, receives first financial stats software designed by Starnet (SNMM - OTC-BB) for website casino / www.hollywood-casino.net
VANCOUVER, June 15 /CNW-PRN/ - Winchester Mining Corp. (WNCR) is a high technology entertainment, gaming and marketing company that operates a web-site casino (www.hollywood-casino.net) through Global Interactive, a primary focus of casino gaming on the Internet.

Winchester has confirmed with Global Interactive the site had a total of $3,000.00 through credit card deposits. The casino made a profit of $1,325.10 within one week of betting transactions in the the last part of April, 1999. Global Interactive will confirm to Winchester once a month the total number of deposits and the gain (loss) calculation approximately every third week of the month for the preceding monthly totals.

The management feels with this percentage showing for only one week, having no advertising to drive gamblers to the site, this venture is confirming on-line Casino gambling will be a tremendous cash flow to the company balance sheet.

The Mall at www.axion.net/scott/winchester is almost complete and the Company believes the first product to be sold through this mall site will be the Outback Mountainboard, where WNCR has finalized the buy and sell agreement with HHH Entertainment, HHHE on the OTC-BB. Winchester will purchase the Mountainboard at cost and then re-sell the product at retail prices. The projected profit on each board is estimated at $100.00 per Mountainboard.

The Winchester on-line shopping mall will be theme-integrated with the Hollywood-Casino web presence in order to develop market awareness and take advantage of the large traffic volumes on-line generated by casino activities.

Winchester is pleased with its first introduction in the aggressive diversification program into the global potential of the Internet and on-line shopping.

CERTAIN INFORMATION AND STATEMENTS INCLUDED IN THIS RELEASE CONSTITUTE ''FORWARD-LOOKING'' STATEMENTS WITHIN THE MEANING OF THE FEDERAL PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

SOURCE: Winchester Mining Corp.
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