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Non-Tech : Global Games Corporation is on the move (GLOW)

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To: K.J.Devine who wrote (45)4/8/1997 6:09:00 PM
From: James Overko   of 720
 
SBET__Feds move in
The uncertainty of how the U.S. and other world governments will
look upon gambling on the Internet may deter major financial
and/or investment companies from participating in any capital
venture with the Company. In this regard, on February 19, 1997, ***
the Company was served with a warrant to produce all records
involving gambling activities emanating from the U.S. The
Company has co-operated with the U.S. Attorney's office in
Philadelphia in providing such records. However, the Company
has initiated legal action on its own behalf to defend its
position on Internet and off shore wagering.
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