National Investors Council Announces Investment Opinion
NEWPORT BEACH, Calif., Jul 30, 1999 (BUSINESS WIRE via COMTEX) --
National Investors Council Inc. LLC Announces Investment Opinion on Omicron Technologies Inc. (OTC:OGPS)
Omicron Technologies Inc. is in the business of acquisition, research and development, and marketing of leading-edge technologies and Internet-based business concepts.
Through the combined strategy of focusing on marketing niches and rapid development of its business interests, Omicron hopes to gain significant market penetration in various industries' markets. The company just completed an agreement for a Web site purchase, and an Internet Casino Access License with Global Interactive Ltd., a licensee of Starnet Communications Inc. (OTC:SNMM), to develop a unique theme-based Internet Casino and Sports Betting Web site.
This turnkey online gaming package will include the online gaming design, Web site maintenance, licenses, 24-hour, 7-day technical support and real-time e-commerce. A one-time start-up fee of $50,000 has been paid to complete this deal. Omicron will spend at least 15 percent of its previous month's net revenue on marketing its casino Web site.
Internet gambling is now a rapidly expanding business that began with a handful of players in 1996. Today, Christiansen/Cummings Associates estimates that there are 300 sites taking wagers from an estimated 25.4 million online bettors around the world (projected to grow to 40 million online gamblers by 2001).
Currently, these 25.4 million Internet gamblers spend an estimated $155 yearly per capita. It has been projected that by the year 2002, Internet gambling revenues will grow as a whole to $10.2 billion, which is double all of the money bet in Las Vegas last year.
National Investors Council believes Omicron Technology's stock is undervalued considering the superiority of its products, its aggressive push to become a fully reporting company within the next 60 days and the sound marketing strategy the company is using.
National Investors Council believes the company is well positioned as a result of its consulting agreement with National Capital Merchant Group, its negotiations to acquire a Bingo software company, its acquisition of Cyberweb Systems, its Joint Venture to license Premier Internet Gaming Software, as well as other potential acquisitions that will be discussed publicly in the near future.
For more information, access the company's Web site at www.omicrontechnologies.com, or contact Skip Nordstrom at National Investors Council at 949/645-1201.
In order to be in full compliance with the Securities Act of 1933, Section 17(b), National Investors Council LLC, advises the readers of this electronic document that it has received a fee of 30,000 free-trading common shares of Omicron Technologies Inc. as compensation for its efforts in researching, writing, presenting and disseminating the information contained herein. Prior to National Investors Council LLC disseminating this information, the company reviewed and approved the contents hereof. National Investors Council, its officers, directors, partners and employees/consultants mayprofit in the event the shares of the company increase in value. These positions may be liquidated from time to time even after National Investors Council LLC, its officers, directors, partners and employees/consultants have made positive comments on the company.
The reader should verify all claims and do their own due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk.
National Investors Council encourages U.S. readers to review the investing information available with the Securities and Exchange Commission ("SEC") at sec.gov and/or the National Association of Securities Dealers ("NASD") at nasdr.com. The NASD has published information on how to invest carefully at its Web site.
Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: National Investors Council Skip Nordstrom, 949/645-1201 WEB PAGE: businesswire.com |