I received this today and wondered if it has a similar feel as WKWG. Is this coincidence or does a lot of internet startups come out of Vancouver
JANUARY STOCK PICK: This month Wall Street Daily is proud to bring you information about a company by the name of IGN Internet Global Network, Inc., which trades on the OTC BB market under the ticker symbol IGNIF. IGN has developed an impressive business model through which the Company will increase revenues, expand profitability and potentially increase market share of the expanding Internet market.
IGNIF has positioned itself to take full advantage of commercial opportunities throughout the Internet. WinStreak Internet Gaming, the IGNIF subsidiary that operates www.casinosoftheworld.com an Internet gaming site that offers a complete line of casino style games. IGNIF has four (4) other operating subsidiaries; INTERFI an Internet Financial Services company; VantageAd an Internet advertising company; Shoptrek a shopping site with a wide variety of product offerings; IGN Broadcast offers online broadcast services of Internet based digital audio/video content.
In analyzing IGNIF one is forced to look at other public companies that are also active in the Internet Gaming Industry and compare what they offer to IGNIF. In comparison, several companies actively promoting Internet Gaming sites have enjoyed dynamic market activity; with one reaching a high of over $25.00 USD. Predominantly, these companies focus on Online Gaming with little or no diversified business activity. IGNIF's successful casino operation, if analyzed on its own merits, is clearly worth strong consideration. However, when looked at with all of its other Internet based business activities; the investment opportunity is very unique and the growth potential is substantial.
Please read the Press Release that was just received from IGN Internet Global Network, Inc. which covers the launch of a new web site which is part of the ignbroadcast.com web site. This new site will allow travelers and local residents alike to access dynamic information about many large cities around the globe. The World Watch site will develop to become an integral part of the offerings of IGNBroadcast.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ January Stock Pick: Name of Company: IGN Internet Global Network, Inc. Ticker Symbol: IGNIF Exchange: OTC BB Current Price: Bid: $0.75 Offer: $0.875 Target Price: $10.40 per share (As quoted from the Buy Recommendation issued by Phoenix Direct Investment on January 15, 1999)
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IGN Internet Global Network, Inc. Suite 1304-925 West Georgia St., Vancouver, BC Canada V6C 3L2 Phone (604) 689-7779 or 1-888-689-7779 Fax (604) 682-4768 email: info@ignwin.com website: ignwin.com
January 29, 1999 (No. 99-01-02)
Contact: Jason Van Bergen, Investor Relations (604) 689-7779 or 1-888-689-7779
IGN Unveils World Watch Online City Guides
Vancouver, BC, January 29, 1999 - IGN Internet Global Network Inc. (NASD OTC BB - IGNIF; VSE - IGN) is pleased to announce that its news and entertainment division, IGN Broadcast ( ignbroadcast.com ), has gone live with its online city guide web-site, World Watch.
WorldWatch provides "the ultimate link to the world" by offering residents, business travelers and tourists complete, up-to-date and relevant information about major cities around the world. IGN's WorldWatch employs local researchers and writers who are familiar with the cities being covered. This allows for the creation of current local content, including up-to-the-moment news, weather and sports. Dynamic content is an important addition to the online city directories - users will want to return to the site again and again for the newest and most exciting information.
Mr. Raj Chowdhry, President of IGN, stated, "I am excited about our new online city guide which features a vast array of information on an initial list of 27 of the world's largest cities. We believe that our database of city-specific information is superior to the content offered by competing sites."
Other companies offering city-specific information on the Internet include Ticketmaster City Search (NASDAQ: TMCS); Digital City, Inc., a joint-venture between America Online, Inc. (NYSE: AOL) and Tribune Company (NYSE: TRB); Microsoft Corporation's (NASDAQ: MSFT) Sidewalk.com; Excite, Inc.'s (NASDAQ: XCIT) City.Net; Lycos, Inc.'s (NASDAQ: LCOS) City Guide; and Yahoo! Inc.'s (NASDAQ: YHOO) Yahoo! Local.
WorldWatch presents city-specific information in categories such as City Guides, Hotels & Lodging, Restaurants & Clubs, Shopping, Financial, Sports, Movies & Live Entertainment, News & Media, Things to See & Do, Real Estate, Education & Employment.
WorldWatch's initial list of 27 International cities include New York, Los Angeles, San Francisco, Chicago, Miami, Dallas, Las Vegas, Washington, DC, London, Paris, Frankfurt, Geneva, Rome, Berlin, Munich, Zurich, Vancouver, Toronto, Montreal, Singapore, Hong Kong, Tokyo, Beijing, Johannesburg, Rio de Janeiro, Mexico City and Sydney.
Mr. Chowdhry continued, "Our initial database of cities will expand over time, and will eventually include many more of the large and medium-sized cities around the world. We intend to solidify our reputation as the most trusted source of current and detailed local information available on the Internet."
The potential of the Internet continues to increase each week. With only 25% of US households having access to the Internet, this figure is expected to increase to 55% in four more years (Jupiter Communications). Forrester Research recently estimated that worldwide Internet commerce could reach as high as US $3.2 trillion in 2003. |