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Non-Tech : World Wide Web Casinos (Internet Casino/Sportsbook)

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To: peter michaels who wrote (352)10/8/1998 7:31:00 PM
From: peter michaels   of 688
 
SETTLEMENT FAILED - COUNTER-SUIT FILED

As a result of the unreasonable demands of a few shareholders and their counsel, settlement was not reached.

Accordingly, the counter-suit was filed today and the litigation unfortunately continues.

WWWC remains willing to fully settle this dispute on reasonable terms and get on with the business of growing our company.

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