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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: stevie who wrote (73)12/19/1997 1:41:00 PM
From: Jason King  Read Replies (1) of 8858
 
Hello Stevie,

While we continue to have companies and individuals working in an IR capacity for the company, our main focus is building up the infrastructure of the company. Our recent financial statements(which can been linked to from the SEC area on our corporate site) show a significant increase in R&D expenditure. We have put a notable amount of dollars and energy into building a quality gaming product, and we believe we will see returns from this investment in the coming months.

The current goals of the company are to build our online gaming operations through our worldgaming.net site, and by signing on large, established companies as gaming licensees. We are presently in discussion with several different companies who are extremely interested in Licensing our software, and have steadily increased the number of players on our worldgaming.net site.

I am unable to make a prediction on when we will reach any particular goal with regards to our stock price, however, I am confident that if we continue with our current business plan, and our revenues continue to increase, investor confidence will grow. Our stock is only as strong as our company, and we are working hard on increasing the companies strength and dominance in our chosen markets.

Warmest Regards,

Jason King
VP Operations
Starnet Communications International Inc.
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