Boy you guys are really tough on poor old Bob. Give him a break he is only trying to help you guys out! He is doing the best he can with his Hasty Pudding education. Assuredly he is no match for you mensa types though, but than who is?
I was going to ask Bob to help me on this, but now realize that it is a waste of time. I need more grey matter of the highest order, maybe from Biggs, Red whatever, and selfsop.
The question is this. Is it normal for two separate companies, Global Games and Great Spirit Inc., to issue their respective press releases through the same person (Mr. Borglund), at the same address, and using the same telephone number (612-672-0834)? Well I found two and can't explain it. Maybe you guys have some insight?
Tuesday July 7, 11:41 am Eastern Time
Company Press Release
Great Spirit Announces Name Change
MINNEAPOLIS--(BUSINESS WIRE)--July 7, 1998--Great Spirit, Inc. (OTC BB:GSPI - news) announced today that its name and symbol change have been completed.
Great Spirit was acquired in March, 1998 by Fiber Crete Products, Inc., an Oklahoma corporation listed on the Bulletin Board, symbol FCET. The Company then filed an amendment to its articles of incorporation in Oklahoma to change its name to Great Spirit, Inc. The company currently has 13 million common shares outstanding.
Application was then made to the NASD to change its symbol to GSPI. The company has authorized common shares of 50 million and 20 million preferred shares.
Great Spirit is providing the financing for the construction of an Indian Casino named Golden Bears Casino on Highway 101 in Northern California. The casino is scheduled to open during July,1998. Under terms of its contract with Resighini Rancheria Tribe, Great Spirit's compensation will be thirty percent (30%) of the net operating income of the facility, which includes a 15,000 square foot casino, a convenience store and gas outlet.
In addition, Great Spirit has a contract to provide finance and management services to Internet Gaming Corp., a Dominica, West Indies company providing Internet gambling worldwide.
The Company is currently raising $4 million through a Regulation D Private Placement of Common Shares.
This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve a number of risks and uncertainties, including timely development and market acceptance of certain products and services, successful integration of acquisitions, the ability to operate within the framework of available resources. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
For further information, contact Great Spirit on its E-mail site: greatspiritinc@hotmail.com or FAX at (612) 370-1003.
Contact:
Great Spirit, Minneapolis
Gary Borglund, 612/672-0834
E-mail: greatspiritinc@hotmail.com
Fax: 612/370-1003
Thursday July 30, 1:33 pm Eastern Time
Company Press Release
Global Games Corp. Signs Software Agreement With Island Sports and Casino, Dominica, W.I.
MINNEAPOLIS--(BUSINESS WIRE)--July 30, 1998--(OTC BB:GLOW - news) Global Games Corp. announced today it has signed a formal Internet software license agreement with Island Sports Book and Casino, Commonwealth of Dominica, West Indies.
This Agreement calls for the Commonwealth of Dominica, West Indies to receive approximately U.S. $9,000,000 per year, which is ten percent (10%) of the projected pre-tax profit.
Island Sports Book and Casino will begin operations with full betting sports book wagering available by phone on August 5, 1998 and will be online for international wagering beginning August 10, 1998.
A complete menu of virtual casino games will be added in the near future.
This is a five-year trilateral agreement that allows Island Sports Book and Casino to share technical and secure transactional support with Internet Gaming Corp. of Dominica, a private company with whom Global Games already has a licensing agreement in place.
Island Sports Book and Casino will function and operate as an international business corporation under the laws of the Commonwealth of Dominica.
Global Games Corp. will receive ten percent (10%) of the pre-tax profits for the life of the Agreement as a software licensing fee and to provide software enhancements and ongoing support.
Island Sports Book and Casino will provide Global Games with audited statements quarterly.
According to Mr. Julius Timothy, Minister of Finance, Industry and Planning for the Commonwealth of Dominica, the monies generated from Island Sports Book and Casino will be used to improve hospitals and medical programs, youth sports programs, airport expansion, and other community projects on the Island of Dominica.
This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact involve a number of risks and uncertainties, including timely development and market acceptance of certain products and services, successful integration of acquisitions, the ability to secure additional financing and the ability to operate within the framework of available resources. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
Global Games Corp. (OTC Bulletin Board: GLOW - news) is an Internet-based commercial service business providing secure automated transaction processing for merchants and Internet customers. Additionally, Global provides management and consulting services. Global's core marketing strategy is to develop ''recurring electronic revenue streams'' based on targeted niche markets where the Company's expertise can be leveraged.
Contact:
Global Games Corp.
Gary Borglund or Allysa Amundson
Phone: 612-672-0834
Gborglund@globalgames.com
Allysaa@globalgames.com
globalgames.com |
