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Non-Tech : World Wide Web Casinos (Internet Casino/Sportsbook)
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To: scot herr who wrote (89)4/9/1998 7:10:00 PM
From: Robert  Read Replies (3) of 688
 
REALITY CHECK FOR ALL YOU NAIVE INVESTORS!! WWWC IS FINANCIALLY BANKRUPT!! PETER MICHAELS IS A CROOK!! HE HAS SQUANDERED 16 MILLION DOLLARS OF PRIVATE INVESTORS MONEY IN LESS THAN 2 YEARS! WWWC NO LONGER OWNS THE ST. JAMES CLUB CASINO!! THIS WAS LOST 6 MONTHS AGO DUE TO A LICENSING AGREEMENT DISPUTE!! WWWC OWES CURRENT STAFF (REMAINING STAFF, THAT IS!) PAYROLL FOR 3 PAY PERIODS!! PETER DEMOS HAS NOT BEEN WITH THE COMPANY FOR OVER 4 MONTHS, AND IS OWED PAYROLL $$ LIKE EVERY OTHER EX-EMPLOYEE!! WWWC HAS MULTIPLE JUDGEMENTS AGAINST THEM FROM THE LABOR BOARD AND NUMEROUS JUDGEMENTS AGAINST THEM FROM VENDORS AS WELL. THEY OWE THE I.R.S. IN EXCESS OF ONE MILLION DOLLARS!! DUE DILIGENCE, FOLKS!! I CANT BELIEVE WHAT I READ ON HERE! AND HARB, WHY DONT YOU WAKE UP AND SMELL THE LATTE?! THIS COMPANY IS A JOKE! IF ANY OF YOU THINK THIS COMPANY WILL EVER GO PUBLIC, YOU ARE IN SERIOUS DENIAL!! THE ACCOUNTANTS THAT WERE DOING THE AUDIT ARE STILL OWED $$ FROM BOUNCED CHECKS, AS WELL AS EVERYONE WHO HAS RECEIVED A CHECK FROM THIS COMPANY. LOCAL BANKS ARE NO LONGER WILLING TO DO BUSINESS WITH THEM AND HEY! GUESS WHAT? THEY ARE NOT PAYING THE WINNINGS TO THE PEOPLE PLAYING THE GAMES!! MICHAELS HAS FELT PAYING $8,500 IN RENT (YES, RENT!) ON HIS HOME AND LEASING AT LEAST 10 VEHICLES UNDER THE COMPANY'S NAME MORE IMPORTANT THAN USING THE INVESTORS $$ FOR DEVELOPING THE SOFTWARE. HE HAS LICENSED THE SOFTWARE IN SOUTH AFRICA TO HIMSELF...DO YOU HEAR ME?! HIMSELF!!! I HAVE A LOT MORE TO TELL ANYBODY WHO IS INTERESTED...FOR THOSE WHO WOULD LIKE TO KEEP THEIR BLINDERS ON (HARB), DONT RESPOND....BUT THOSE WHO SEEK THE TRUTH SHALL FIND ANSWERS!!
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