***********Winners Internet Network OTC-BB WINR***************
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LEGAL MATTERS
The Internet has opened commerce to a global market overnight. This
technology has created a virtual global marketplace lacking the ability of
governments to cope with the non-existent territorial boundaries. World
commerce will take on a new and different meaning as the globe shrinks
with the almost daily technological advances. There still exists however the
need for regulation and the ability for the world to speak the same basic
language for financial transactions. WINR was formed as an answer in one
marketplace, the World of Internet Gaming, by providing a Safe, Secure
and Confidential method to link the customer, vendor and the worldwide
banking community under one umbrella. WINR provides the vital link to
insure that legality is at the forefront in all transactions. This not only
protects the integrity of the industry, but also the customer, vendor and the
banking community with secure banking through one of the safest banking
governments in the world, the Principality of Liechtenstein. WINR was
accepted as a member of the CyberLink Trust, Vaduz, Liechtenstein, to
provide the safe and secure asset management that is available to protect
all of the financial transactions. WINR has accepted the challenge for
having all transactions managed by a safe, confidential and secure Asset
Management Trust to create an atmosphere of acceptance and safety. It is
far too easy for private banking institutions to be formed for the sole
purpose of handling this enormous business and not provide the
International Banking safeguards that are offered through the Trust
Management. WINR has quickly been recognized by host governments to
provide the answer of not only the ability to deal in most all world
currencies, but the ability to be a transparent entity being formed as a
public entity in the United States.
It is through the WINR system that there is a complete and independent
tracking of all play so that a host government can be assured to collect their
proper revenue. In addition, the government will be able the have an audit
trail that is bonded and licensed to provide all of the vital financial
information that is needed by the host government for regulation. WINR will
not allow play from an illegal jurisdiction and daily monitors the
proposed legislation throughout the world. It is noted that WINR was formed
recognizing that play in the US market would either be forbidden or
severally curtailed. For that reason, WINR is a pioneer in establishing a
foothold in Europe recognizing the huge marketplace that exists worldwide.
It was for that reason, the ability to trade in all major world currencies was
developed so that the market could be supported from its' inception.
WINR at moments notice can forbid play from any illegal jurisdiction and will
work with all governments in this regard. Currently WINR will not accept
play from the states of California, Florida, Minnesota, Missouri,
Wisconsin and the countries of Austria and Japan. This list is may
not be all inclusive. WINR offers the security, credibility, integrity, and
confidentiality that is the necessary ingredient for all Internet commerce. At
the present time, host governments have been able to view the system and
have made suggestions that have been added in order to provide the
tightest measure of security and confidence in the system. The system will
identify those who attempt to disguise their location and play from an illegal
jurisdiction in addition to offering the ability to change security passwords
at random. It is registered as a Secure Site offering the securest in Socket
Layer Technology to provide the customer, vendor and government with
secure and confidential transactions. The system offers safeguards to
identify and keep out the play of minors.
One of the most common nightmares of the Internet is the ability to detect
money-laundering attempts. This system was designed with that in mind
and offers safeguards for prevention. Even e-cash and its lack of an audit
trail can be thwarted by the WINR system for registration and tracking of
deposits and play. It is with the WINR Seal of Assurance that a player can
have confidence that their money is handled by through a safe, secure and
confidential Asset Management Trust. The player can monitor his account
at random and always have at the click of a button the ability to track all of
their play, deposits, withdrawals, transfer and pending items.
WINR has recognized the temptation for those to enter the market without
the proper motives and security necessary to protect the customer's
deposits. WINR offers the best method of protection by allowing the
player to rest comfortably knowing their funds are in the safest banking
institutions in the world. The processing, maintaining and securing all
financial transactions is the focal point of the CyberLink Trust Asset
Management Trustees. These trustees have been in business for over fifty
years being licensed by the Government to provide the vital protection
needed. The customer is hands on with the WINR system and can rest
being assured that their deposits and transactions are fully protected as
compared to other methods being utilized by Internet Casinos operating
with their own private banking accounts.
In summary, WINR offers strict compliance to all laws and regulations
throughout the world. WINR welcomes regulations in order to continually
provide the up to the minute compliance that is required. The WINR Seal of
Assurance is only offered to those who provide Internet operations
adhering to all of the relevant laws and regulations for all host government
sites, and are willing to be governed by the strict stands of being accepted
by the WINR SYSTEM.
NOTICE: IF YOU HAVE ANY QUESTIONS WHATSOEVER
REGARDING THE LEGALITY OF PLAY FROM YOUR LOCATION, WE
SUGGEST THAT YOU CONTACT THE LEGAL GOVERNING
AUTHORITIES IN YOUR AREA TO ANSWER YOUR INQUIRY. WE
FURTHER SUGGEST THAT YOU UTILIZE ANY METHOD TO BLOCK
OUT REGISTRATION OR PLAY FROM YOUR INTERNET SITE IF YOU
FIND IT MORALLY OBJECTIONABLE OR WISH TO PREVENT YOUR
IP ADDRESS FROM ACCESSING OUR SITE.
Winners Internet Homepage
______________________________________________________________________
Monday December 14, 11:04 am Eastern Time
Company Press Release
Winners Internet Network Inc. Commences Operations
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Dec. 14, 1998--Winners Internet
Network Inc. (OTC BB:WINR - news) today said that David C. Skinner Jr., the
Company's President and CEO, would like to announce that WINR's Secure Banking
for Internet Gaming is now fully operational with Vaudeville Holding Inc.
The nature of Vaudeville's business on the Island of Curacao is developing and
designing gaming software and with the agreement reached with WINR it allows
Vaudeville to offer a complete gaming package which incorporates its gaming software
and WINR's financial software.
WINR began processing on-line transactions for our approved gaming sites on the
Internet this past weekend. David C. Skinner Jr., the President and CEO, said, ''The
Internet Gambler can now proceed to www.winr.net and register with us, make a
secure and confidential deposit with WINR and then proceed to transfer monies,
securely and confidentially, to an approved gaming site listed on our web page.'' With
the opening of the WINR system it brings the only uniform structure to Internet Gaming.
''There is no other operation that can provide the Internet gaming customer the services
that WINR offers.'' WINR is the only operation where a player can deposit his funds
into a protected asset management Trust in Liechtenstein, which is one of the safest and
most confidential centers for financial management and banking in the world. WINR
provides the Player the choice to leave their funds in the Liechtenstein Trust or have
them placed on a Debit Card issued through WINR to the qualified player.
The debit card, which is a first in the industry, will allow a player to receive their funds at
over 300,000 locations in over 117 countries worldwide. ''No other company can offer
all of these benefits to a player...no one.''
WINR is now accepting deposits and has the following approved gaming sites for a
player:
www.bookiescafe.com
www.ActiveGaming.com
www.wagertv.com
www.nudegambling.com
www.rocknrollcasino.com
www.casinocafe.com
www.tvcasino.com
In providing the security and confidentiality for the customer, we recommend to all
first-time players that wish to open a WINR account and a Casino Account to do so in
the following manner:
1. Proceed to the WINR web address at www.winr.net and register as a player. 2.
Open your accounts with a deposit; once your deposit is approved, proceed to the
transfer funds area where you will see a list of approved gaming sites. 3. There you can
choose a WINR approved casino; place the amount you wish to transfer and submit
your password to approve the transaction. WINR will give you a deposit ID...this is
important...you will need this ID for the casino site. 4. WINR will then provide you with
a link to the site you have chosen. Here you will register with the Casino. 5. While you
are in the register process the casino they will ask you if you wish to open your account
with a deposit. This is the area where you will need your WINR deposit ID. 6. The
deposit page contains information on WINR. As you scroll down there will be an area
for you to insert your WINR deposit ID. Once you place the ID here the Casino will
verify with WINR and your Casino account will be open.
We want our shareholders to know that the reason we delayed our opening was to
provide the greatest security to the customer. In addition, we have opened with seven
Internet Casinos, each of whom also have an Internet Sportsbook for a total of fourteen
operations to begin! This required additional time and resources to offer such a
complete worldwide package from our beginning.
The Player should also remember that Winners only offers the security and protection
for the player's funds that the player has in their account at www.winr.net.
We invite everyone to come in and play....see for yourself...it is the system we have all
been waiting for.
Information contained in this news release other than historical information, should be
considered forward-looking and is subject to various risk factors and uncertainties. For
instance, the strategies and operations of Winners Internet Network Inc. involve risks of
competition, changing market conditions, changes in laws and regulations affecting these
industries and numerous other factors discussed in this release. Accordingly, actual
results may differ materially from those in any forward-looking statements.
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Contact:
Columbia Financial Group Inc., 888/301-6271 |
