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Non-Tech : PSCKF - Playstar Corporation

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To: THOMAS GOODRICH who wrote (41)1/19/1999 10:06:00 PM
From: mike c  Read Replies (1) of 330
 
Thomas: I have seen some of your comments on the SNMM thread, and since I am a large holder of SNMM and have followed the story, I can tell that you seem to be knowledgeable about the industry. I hold both SNMM and CRY, and I am very excited about their continued prospects (for slightly different reasons). I have been searching for a third internet casino company to add to my portfolio, but so far have come across more promotions than anything else. Since you seem to be following PSCKF, I wonder if you could answer a few questions.

(1) I have viewed PSCKF java BJ and as a previous responder was kind enough to put up its and SNMM's URL I compared the two-I found SNMMs to be of much higher quality, but both worked-the question is-have you used the download versions from SNMM, CRY and PSCKF and the Java based versions? How do you think they compare?

(2) I noticed the two key guys in the company were Julius Patta-who has software experience with Netron (I have not previously heard of this company) and Bill Tucker-seems to be the money guy who used to own a rental company- do you know much about them?

(3) Are they planning to license their software? If so do they have any licensees?

(4) When did they start accepting real wagers? and Have they reported any gross gambling revenues-if so what are they and what does the growth look like?

(5) They say there are approx. 29 million shares o/s, is this fully diluted-it seems there may be at least 4 million warrants (exercise price of $0.05) o/s.

(6) The shares seem to be pretty tightly held (i.e. almost all 15 mil of the 18 million original were held by a group of 4 and I would assume the 10 mil issued via the private placement are also tightly held), what is the float?

(7) What have they done on the PR/IR side of things?

(8) What is their cash position (how much, when do they run out)

If you (or others) have any of the above info. I would appreciate your response.
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